Techmeme
November 28, 2017, 8:20 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.
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.
Josh Constine / TechCrunch:
Facebook rolls out AI for suicide prevention globally with the exception of the EU after initial tests in US, to detect suicidal posts before they're reported  —  This is software to save lives.  Facebook's new “proactive detection” artificial intelligence technology will scan all posts …
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 …
Catalin Cimpanu / BleepingComputer.com:
US DoJ charges three members of one of China's cyber-espionage units for hacking Moody's Analytics, Siemens, and Trimble between 2011 and May 2017  —  US authorities have acted on one of the worst-kept secrets in cyber-security and have filed official charges against three Chinese hackers part …
Noah Kulwin / VICE News:
YouTube says it has terminated 270+ accounts, taken down 150K+ videos, removed ads from ~2M videos over past week as it purges content that endangers children  —  For the second time in less than a year, major advertisers are fleeing YouTube after finding their ads were paired with offensive content — this time, directed at children.

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TechCrunch Disrupt SF:
Catch the founder & CEO of Revolut at Disrupt SF  —  Nikolay Storonsky took his company from a $350 million valuation to a $1.7 billion valuation in under six months.  Hear how he did it at Disrupt SF this September.

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Kerry Flynn / Mashable: