Techmeme
December 11, 2017, 6:10 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.
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 …
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).
TechCrunch:
An unofficial, knockoff version of the MyEtherWallet digital wallet app became the third most popular paid app in the finance category on the iOS App Store  —  An app masquerading as MyEtherWallet.com, one of the internet's most popular services for storing ETH and other crypto coins …
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 …
Danny Crichton / TechCrunch:
LiDAR autonomous sensor startup Ouster announces $27M Series A led by auto powerhouse Cox Enterprises  —  Angus Pacala has had a lifelong passion for autonomous cars going all the way back to high school.  A little more than a decade ago, he followed the launch of the DARPA Grand Challenge …
Ron Amadeo / Ars Technica:
Google's Home Max smart speaker goes on sale for $399  —  Google's biggest speaker is shipping right now at Best Buy and Verizon.  —  The biggest Google Home is finally on its way to stores.  The $399 Google Home Max was announced at Google's October 4th hardware event alongside the Google Home Mini …
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

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TechCrunch Disrupt SF:
Hear from Founders Fund's Cyan Banister at Disrupt SF  —  Founders Fund Partner Cyan Banister tells her surprising origin story, and explains how people, not processes, were the key to her success.

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