December 11, 2017, 10:05 PM

Top News

Apple confirms Shazam acquisition; sources say deal was for about $400M, and Snap and Spotify also expressed interest  —  After we broke the story last week that Apple was acquiring London-based music and image recognition service Shazam, Apple confirmed the news today.
James Vincent / The Verge:
Ex-Facebook VP of user growth and Social Capital CEO says social media is “destroying how society works” and leads to “no civil discourse, no cooperation”  —  ‘No civil discourse, no cooperation; misinformation, mistruth.’  —  Another former Facebook executive …
U.S. Securities and Exchange Commission:
SEC chairman Jay Clayton releases statement on cryptocurrencies, says ICOs effective for raising funds “whether they represent offerings of securities or not”  —  SEC Chairman Jay Clayton  —  The world's social media platforms and financial markets are abuzz about cryptocurrencies and “initial coin offerings” (ICOs).
John Voorhees / MacStories:
Apple announces developers can now make their apps available for pre-order  —  You may recall that when Super Mario Run was announced in 2016, customers could request notification of its release, which was a first at the time on the App Store.  Now, all developers can do something similar by offering their apps for pre-order.
Stan Higgins / CoinDesk:
Restaurant review startup Munchee halts ICO after SEC investigation, which said in cease-and-desist order that the firm's tokens were unregistered securities  —  A California-based company has refunded a $15 million initial coin offering following an investigation by the U.S. Securities and Exchange Commission (SEC).
Serena Saitto / The Information:
Sources: neighborhood social network Nextdoor has raised $75M in new funding at a valuation higher than previous round's $1.1B valuation in 2015  —  Nextdoor, the social media platform for city neighborhoods, has raised $75 million at a valuation above the $1.1 billion level it reached …
Peter Rudegeair / Wall Street Journal:
Financial-tech startup Affirm says it's raised $200M led by Singaporean sovereign-wealth fund GIC; source says at a valuation between $1.5B and $2B  —  Battling larger players getting into its core business of lending to consumers for retail purchases  —  Financial-technology startup Affirm Inc …
More: TechCrunch
Microsoft releases a free preview of its Quantum Computing Development Kit, which includes the Q# programming language, compiler, and simulator  —  Software giant releases a quantum programming language and simulator, but still has no working computer  —  In the race to commercialize …

Sponsor Posts

Intelligence is the cornerstone of business agility  —  Learn how Microsoft is infusing artificial intelligence into every corner of Dynamics 365.
Learn how eero uses IPv6, the next generation networking standard, to make all connected devices work better.  —  All eeros have received software upgrades including a new, highly requested feature — IPv6.
Customer Spotlight: eRecruiter Nigeria saves money and time with Zoho Recruit  —  Jimmy Braimah is the CEO of eRecruiter Nigeria, a Lagos-based recruiting consultancy that leverages cloud-based technology to source …
Accepting credit cards on your website: 5 tips to delight your customers  —  Try these 5 easy tips to make payments easy and worry-free for your customers and you'll be rewarded with more completed sales and less abandoned shopping carts.

Listen to Techmeme's Podcast:

Techmeme Ride Home for Wed. Mar. 21 Subscribe via Apple Podcasts or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 PM ET, December 11, 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

Ron Amadeo / Ars Technica:

Earlier Picks