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July 2, 2018, 3:05 PM
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Nico Grant / Bloomberg:
Dell announces it will become a public company again by subsuming its tracking stock DVMT in a cash and share-swap deal worth $21.7B  —  - Dell to offer DVMT shareholders Dell stock or cash buyout  — Total deal size comes to $21.7 billion, Dell to list on NYSE
New York Times:
Lyft is buying the core operations of Motivate, parent of CitiBike; the business will be renamed Lyft Bikes and keep contracts with NYC and seven other cities  —  Lyft competes with Uber for ride-hailing customers.  Now it is following its rival into bike-sharing, as the companies move …
Reuters:
HTC plans to cut around a quarter of its global workforce, or 1,500 jobs, at its manufacturing unit in Taiwan; layoffs will be completed by the end of September  —  TAIPEI (Reuters) - Smartphone maker HTC plans to slash around a quarter of its global workforce through job cuts at its manufacturing unit …
Facebook:
Facebook says it's notifying ~800,000 users who were hit by a bug in Facebook and Messenger from May 29 to June 5 that unblocked some people they had blocked  —  Starting today we are notifying over 800,000 users about a bug in Facebook and Messenger that unblocked some people they had blocked.
Steven Sinofsky / Learning By Shipping:
The moment when Intel lost mobile happened around 2008, when it gave up on producing low-power chipset for phones and refocused on Atom SoC and netbooks  —  Disruption is simple to say but there many factors at play.  Disruption is never one feature, but a full set of assumptions that go into a business.

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From Mediagazer

Pew Research Center:
Survey: 80% of Americans say being informed about the news is essential to voting, but only 8% say people in the US have a responsibility to pay for news

Andy Sheehan / CBS News:
Local efforts to keep the Pittsburgh Post-Gazette operating appear to have stalled; one potential buyer blames owner Block's unwillingness to speak with buyers

Michael Savage / The Guardian:
In written testimony, a private investigator says Mail titles remained his “best customers” for two years after his 2005 conviction for disclosing private info

More News

Earlier Picks

Andrew Liptak / The Verge:
500px stops allowing licensing of photos under Creative Commons, closes 500px Marketplace in favor of licensed pics from Getty and its owner Visual China Group
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