Techmeme
November 28, 2017, 12:50 PM

Top News

Dan Primack / Axios:
WeWork agrees to acquire Meetup, the New York-based social network that helps organize offline meetings; source says deal is valued at ~$200M  —  WeWork has agreed to acquire Meetup, a New York-based social network that helps organize offline meetings around common interests.
Eric Newcomer / Bloomberg:
Sources: SoftBank offers to buy secondary Uber shares at $48B valuation, 30% below Uber's recent $69B valuation, and 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
Ingrid Lunden / TechCrunch:
Adobe: US Cyber Monday 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.
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.
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 …
CNBC:
US district judge says Uber “withheld evidence from me” in trade secrets case brought by Waymo, delays the trial that was due to begin next week  —  - The judge granted a request from Alphabet's Waymo self-driving car unit to delay a trade secrets trial.
Fitz Tepper / TechCrunch:
Japan's largest cryptocurrency exchange, bitFlyer, is expanding to the US, with approval to operate in 41 states starting today  —  Japansese cryptocurrency exchange bitFlyer announced today it's expanding to the U.S, with approval to operate in 41 states starting today.
Josh Constine / TechCrunch:
Facebook confirms it's testing Messenger Broadcast, a tool that lets businesses send marketing messages to users  —  Facebook may soon be ready to squeeze more money out of its 1.3 billion user chat app.  The company has internally developed “Messenger Broadcast”, a self-serve mass-messaging interface …

Sponsor Posts

Smartsheet:
Smartsheet recognized as a “pioneer in work management software” by 451 Research  —  In the innaugural 451 Firestarter awards, industry analyst firm 451 Research recognized the compnay for outstanding innovation in the category of work management.
Talla:
Listen: AI at Work, A look into the future of AI in the enterprise  —  Tune in to the AI at Work podcast for insight on how to effectively deploy AI in your organization from thought leaders at Spotify, HubSpot and many more
Zoho:
Zia for Customer Service, Part 1: Zia for Support Agents  —  A typical day in the life of a customer support agent revolves around responding to questions, looking at bug reports, passing on customer feedback …

Listen to Techmeme's Podcast:

Techmeme Ride Home: Mon. 11/19 - Are iPhone Sales Really Underwhelming (This Time)? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:50 PM 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

Bryan Menegus / Gizmodo:
Josh Constine / TechCrunch: