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March 26, 2018, 10:20 AM
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| Bloomberg: |
Grab to acquire all of Uber's operations in Southeast Asia, including UberEats; Uber gets 27.5% stake in Grab, and Uber CEO will join Grab's board — Grab to buy ride-sharing, food delivery businesses in region — Uber gets 27.5% stake in rival, CEO to join Grab's board
More:
Grab SG, Ars Technica, TechCrunch, Reuters, Digital Trends, MediaNama, Forbes, Mashable, and Seeking Alpha
Tweets: @noahpinion, @jonrussell, @teddyschleifer, @tjmanotoc, @gwendolynregina, @r0h1n, and @dattadeguru
| Johana Bhuiyan / Recode: |
Uber CEO says they spent $700M in Southeast Asia before deal with Grab; source: Uber feels confident enough in India and Middle East to not retreat from there — As part of the deal, Uber will get a 27.5 percent stake in the company and CEO Dara Khosrowshahi will join the Grab board.
More:
Uber Newsroom, VentureBeat, TechCrunch, TechCrunch, South China Morning Post, Financial Times, Reuters, Fortune, SiliconANGLE, Axios, and Axios
Tweets: @shiraovide and @bbcleisha
| Ian Bogost / The Atlantic: |
How every Facebook app in 2010 collected users' personal data, what devs could do with it, and why Facebook can't close the Pandora's box it opened a decade ago — For a spell during 2010 and 2011, I was a virtual rancher of clickable cattle on Facebook. — It feels like a long time ago.
More:
Business Insider, FactorDaily, Associated Press, Stratechery, CNET, and Memex 1.1
Tweets: @max_read, @ibogost, and @catherinecronin
| Josh Constine / TechCrunch: |
New complicated privacy and transparency regulations might be a mere speed bump for Facebook but an insurmountable burden for startups — You know what tech startups hate? Complicated legal compliance. The problem is, Facebook isn't a startup any more, but its competitors are.
More:
Axios, South China Morning Post, The Verge, Beyond Search, CNET, and The Hill
Tweets: @randfish, @profcarroll, @binarybits, @joshconstine, and @joshconstine
| Suzanne Vranica / Wall Street Journal: |
| Jean-Louis Gassée / Monday Note: |
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Bloomberg, Reuters, PYMNTS.com, 500ish Words, Enrique Dans, The Outline, TheStreet, Business Insider, Fortune, and BBC
Tweets: @fmbutt, @charlieangusndp, @oliviasolon, @theatlantic, @edbott, @tdreier, @blehnert, @noahchestnut, @andykroll, @pt, @jessicahuseman, and @chetfaliszek
| David Meyer / Fortune: |
Leader of hacker gang known as Carbanak, who used malware attacks to steal €1B from banks and ATMs, caught in Spain — For the past five years, a gang of hackers known as Carbanak has been targeting banks around the world, stealing well over $1 billion in total.| Lauren Goode / The Verge: |
Fitbit Versa review: 4 day battery life in a flat, lightweight design with hints of Apple Watch but with poor notification support, and swapping the bands sucks — The Versa is better than Fitbit's earlier smartwatches, but it still has issues — Fitbit needs a win.
More:
TechCrunch, iMore, Macworld, Ars Technica, Gizmodo, Engadget, PC Magazine, Tom's Guide, and AndroidHeadlines.com
Tweets: @laurengoode and @laurengoode
| Peter Kafka / Recode: |
Spotify issues guidance for 2018: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, gross margins 25%, up from 21%, operating losses $409M, down from $500M — Ahead of its IPO, the streaming service is offering its first-ever guidance: Revenue, subs and margins will be up, operating losses will go down.
More:
Business Wire, 9to5Mac, Music Ally, Reuters, and Seeking Alpha
| Brian Heater / TechCrunch: |
Wikimedia says Google has contributed $1M+ this year with Apple, Facebook, Microsoft donating ~$50K in matching gifts; corporations account for ~4% of donations — YouTube's plan to combat conspiracy videos with information sourced from Wikipedia got push back from a number of different quarters …
| Tara Lachapelle / Bloomberg: |
Video streaming promised cheap, tailored viewing, but customers still pay for content they don't watch as more services launch with exclusive content — 98.54 USD — Like to binge-watch TV? There's an app for that. And another. And another. And another.| Facebook: |
Facebook is rolling out its feature showing more stories from local news sources in News Feed, available in US since January, globally to all countries — By Alex Hardiman, Head of News Product, and Campbell Brown, Head of News Partnerships — Local news helps people connect to their communities …
More:
TechCrunch, Engadget, The Verge, VentureBeat, and Reuters
| Cyberscoop: |
Sources: Kaspersky's Slingshot malware report exposed counterterrorism cyber-espionage operation led by US Joint Special Operations Command — The U.S. government and Russian cybersecurity giant Kaspersky Lab are currently in the throes of a nasty legal fight that comes on top of a long-running feud … | Colin Lecher / The Verge: |
A look at what happens when algorithms used to automate health assessments in Arkansas start cutting essential state-sponsored home care for disabled patients — Illustrations by William Joel; Photography by Amelia Holowaty Krales — For most of her life, Tammy Dobbs, who has cerebral palsy …
Tweets: @mslopatto, @flyosity, and @hccandrea
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