Techmeme
November 18, 2017, 6:40 AM

Top News

Brian Heater / TechCrunch:
Apple says it is delaying HomePod release from December to early 2018  —  So much for the holiday rush.  Apple announced this morning that its premiumHomePod smart speaker won't be making the company's initial December ship date.  According to a brief statement issued by the company …
Ryan Mac / BuzzFeed:
Peter Thiel is no longer affiliated with Y Combinator; source says Thiel did not rejoin YC after the startup accelerator ended its part-time partners program  —  Billionaire venture capitalist and Facebook board member Peter Thiel is no longer affiliated with startup accelerator Y Combinator, according to an edited company blog post.
Kevin Collier / BuzzFeed:
John Draper, aka Cap'n Crunch, who once hacked phone lines with Jobs and Wozniak, banned from conferences after reports of sexual misconduct towards young men  —  The claims against John Draper, better known as Cap'n Crunch, a pioneer hacker and an early associate of Apple cofounders Steve Wozniak …
Tom Turula / Business Insider:
Spotify announces it has acquired Soundtrap, a collaborative online music recording startup, reportedly for at least $30M  —  Spotify is buying Swedish music tech startup Soundtrap for an undisclosed amount.  —  Soundtrap is a collaborative online recording studio that was valued at $25 million (SEK 207 million) last year.
Katie Roof / TechCrunch:
Online fashion retailer Stitch Fix closes up 1% on its first day of trading, after raising $120M in a downsized IPO  —  Stitch Fix went up just 1 percent on its first day of trading.  After pricing at $15, the company closed at $15.15.  It's also below the opening trade of $16.90.
Reuters:
Chinese online ticketing platform Maoyan raises ~$151M from Tencent, valuing the company at about $3B  —  BEIJING (Reuters) - Maoyan, one of China's biggest online ticketing platforms, on Wednesday said it has secured 1 billion yuan ($150.82 million) in funding from internet giant Tencent Holdings Ltd …
Katie Roof / TechCrunch:
SailPoint, an identity and access management software provider for enterprises, closes up 8% on its first day of trading after raising $240M in IPO  —  SailPoint, the enterprise identity solutions business, went up eight percent in its debut on the New York Stock Exchange Friday.
More: NASDAQ.com

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Earlier Picks

Sarah Perez / TechCrunch:
Jeff Gitlen / LendEDU: