Techmeme
November 28, 2017, 10:00 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.
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.
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 …
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 …
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 …

Sponsor Posts

Microsoft:
Making gaming accessible to all  —  Read the story behind the new Xbox Adaptive Controller, which will make gaming accessible to people with a broad range of disabilities.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
GDPR QUIZ: 13 Questions Every Marketer Should Answer  —  What is GDPR?  —  Why GDPR?  —  Who will be affected by GDPR?  —  No doubt you have already started answering these questions.

Listen to Techmeme's Podcast:

Techmeme Ride Home for Friday, May 25 Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:00 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