Techmeme
July 2, 2018, 12:15 PM

Top News

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
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 …
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.
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  —  The photo-sharing site is also closing down 500px Marketplace, its stock photo platform  —  Photography platform 500px …
Jeff John Roberts / Fortune:
Second Life creator's blockchain-powered social VR platform High Fidelity raises $35M Series D led by Galaxy Digital Ventures, bringing total funding to $70M+  —  Philip Rosedale, the CEO of virtual reality maker High Fidelity, believes blockchain—a new tamper-proof ledger technology …
Rachel Sandler / Business Insider:
Everlaw, a cloud-based e-discovery platform for lawyers, raises $25M Series B led by Menlo Ventures with a16z participating  —  - Legal tech startup Everlaw has raised $25 million in a series B funding round led by new investor Menlo Ventures, with participation from existing investor …
Rachel Nuwer / Wired:
A look at Option Impact, a salary database accessible to VCs and their startups, based on anonymized salary info from about 2,600 companies  —  WHEN STEVE, A thirtysomething engineer, launched a software company in San Francisco a few years ago, he and his cofounder faced the daunting task of hiring a team …
TechCrunch:
Sources: Airbnb aims for IPO between July 2019 and late 2020, as it tweaks staff compensation and adds a cash bonus program  —  Airbnb, the accommodation rental business, has been building up a larger profile as a travel services powerhouse to fill out its $31 billion valuation …
Nitasha Tiku / Wired:
How a growing political awakening among some tech employees has driven the recent wave of protests at tech companies against controversial government contracts  —  SILICON VALLEY HAS a long and secretive history of building hardware and software for the military and law enforcement.
Christopher Mims / Wall Street Journal:
Tech giants see partnerships with community colleges via apprenticeships, certifications, and degrees as a way to attract a skilled and more diverse workforce  —  As student debt mounts and a shortage of skilled workers persists, students find their local two-year institution could be a lower-cost shortcut to a good job.
Romain Dillet / TechCrunch:
French mobile gaming studio Oh BiBi raises $21M Series B led by Atomico, bringing total raised to date to $25M  —  French startup Oh BiBi raised $21 million from Atomico with Korelya Capital also participating.  Oh BiBi is a team of mobile gaming veterans trying to build the next big thing when it comes to mobile gaming.

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