Techmeme
November 28, 2017, 10:55 AM

Top News

Eric Newcomer / Bloomberg:
Sources: SoftBank offers to buy secondary Uber shares at $48B valuation, 30% lower than Uber's recent $69B valuation, will also invest $1B+ at $69B valuation  —  The price is 30% below Uber's last primary round, people say  —  A slate of investors has agreed to sell shares for the deal
Gabriela Barkho / Crunchbase News:
WeWork to acquire community platform Meetup, according to an internal announcement from Meetup CEO Scott Heiferman  —  WeWork's acquisition spree continues.  —  WeWork will acquire Meetup, Crunchbase News has learned, adding another purchase to the rapidly expanding rental startup's roster.
Danny Westneat / The Seattle Times:
A look at some of the plans submitted by 238 municipalities in Amazon's HQ2 contest, offering big tax breaks, free land, and special access to public resources  —  A review of some of the bids to woo Amazon's HQ2 to other cities and states shows it's not all about the money.
Ingrid Lunden / TechCrunch:
Adobe: Cyber Monday US sales hit record-breaking $6.59B, with purchases on smartphones also breaking a record with $1.59B in sales  —  Cyber Monday is off to a flying start for online shopping in the US.  As of 7am Pacific, $840 million has been spent, up 16.9 percent on Cyber Monday 2016.
Canalys:
Canalys: VR headset shipments pass 1M for first time in Q3 with Sony, Oculus, and HTC taking the top three spots, shipping 490K+, 210K, and 160K respectively  —  Palo Alto, Shanghai, Singapore and Reading (UK) - Monday, 27 November 2017  —  Virtual reality headset shipments are showing no signs of slowing …
Bryan Menegus / Gizmodo:
Tumblr founder David Karp announces resignation from the company in email to staff, said decision came “after months of reflection on my personal ambitions”  —  After 11 years, Tumblr's founder and public face David Karp announced his resignation from the company in a staff email this afternoon.

Sponsor Posts

Okara:
Meet Okara, the AI platform that doesn't train on your data  —  Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure.  Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books  —  Many businesses still rely on manual processes to collect payments and reconcile invoices.  This often results in delayed payments …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
Where we'll go when the bots take over, with Sublime's Sari Azout
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
Tech Grapples With ICE + Casey Tries Clawdbot, a Risky New A.I. Assistant + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Invest Like the Best:
Gokul Rajaram - Lessons from Investing in 700 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
Marc Andreessen: The real AI boom hasn't even started yet
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Nick, Dick and Paul Show:
The Wellness Industry Pt. 1
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, November 28, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Noah Kulwin / VICE News:

Earlier Picks

Josh Constine / TechCrunch: