Techmeme
December 11, 2017, 9:10 PM

Top News

TechCrunch:
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).
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 …
Bloomberg:
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 …
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

Sponsor Posts

eero:
eero plans to add WPA3 support in a future update.  —  We built eero hardware and software together to ensure that we can control and improve digital security.  We're excited about the security benefits WPA3 provides …
Wavefront by VMware:
Metrics and Analytics by Wavefont by VMware: Enter to Win $500  —  Discover Wavefront's out-of-the-box monitoring suite for Containers, AWS, Windows, Linux & more.  Try Free for 30 days, enter to win $500
Zoho:
Introducing Zoho Academy  —  Today, Zoho is launching a brand new resource.  We're calling it Zoho Academy: an online, self-service archive of educational content designed to help people do business better.  Our intention?
TechCrunch Disrupt SF:
HBO Silicon Valley creator, Mike Judge, to speak at Disrupt SF  —  TechCrunch is excited to chat with Judge about the direction of the show and the evolution of the media industry as a whole.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Friday, 7/13 - A Big-Boy Photoshop for iPads Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:10 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

TechCrunch: