Techmeme
July 2, 2018, 2:40 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 …
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.
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 …
NASDAQ.com:
Norway-based Opera Limited, maker of the Opera browser, filed for US IPO on Friday to raise up to $115M, says it booked $148M in sales in 12 months ending 3/18  —  Opera Limited, a leading provider of web browsers and digital content discovery platforms, filed on Friday with the SEC to raise …

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