Techmeme
July 25, 2018, 2:30 PM

Top News

Phil LeBeau / CNBC:
Waymo partners with Walmart, AutoNation, Avis, and others to ferry their customers to various locations in Phoenix, Arizona  —  Waymo, the Alphabet company that spun out of Google's former self-driving car division, is partnering with some of the country's largest companies to expand how many people ride in its self-driving vehicles.
Edgar Alvarez / Engadget:
Facebook rolls out Watch Party, a feature that lets users simultaneously watch, comment, and react to Facebook videos together, to all users  —  Facebook has made it clear that it wants to make video a crucial part of its business, as it looks to compete with the likes of YouTube, Amazon and Netflix.
Paul Mozur / New York Times:
Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country  —  SHANGHAI — For Facebook, success in China was brief.  Very brief.  —  For several hours, a Chinese government database showed that Facebook had gained approval to open a subsidiary in the eastern province of Zhejiang.
Marc Vartabedian / Wall Street Journal:
Facebook's General Counsel Colin Stretch, who led the company's investigation into Russian election interference, is leaving at the end of the year  —  Colin Stretch's announced exit marks the second high-level departure in recent weeks  —  Facebook Inc.'s FB 1.78% top lawyer …
BuzzFeed News:
Facebook CSO Alex Stamos told peers in memo about his departure to “intentionally not collect data where possible” and be willing to pick sides on moral issues  —  In March, days after confirming his plans to leave the company, Facebook's highest-ranking security official implored …
Anthony Ha / TechCrunch:
Grubhub to acquire Boston-based LevelUp, which offers a platform to manage digital ordering, payments and loyalty, for $390M in cash  —  Grubhub announced this morning that it's agreed to acquire LevelUp for $390 million cash.  —  Founder and CEO Matt Maloney told me that while previous Grubhub acquisitions …
More: The Verge, Fortune, and CNBC
Frederic Lardinois / TechCrunch:
Google now offers businesses a stand-alone version of Google Drive, apart from G Suite, that costs $8 per month per active user and $0.04 per GB  —  If you are a business and want to use Google Drive, then your only option until now was to buy a full G Suite subscription …
More: ZDNetTweets: @alex
Jordan Crook / TechCrunch:
Gym membership startup ClassPass raises $85M Series D led by Temasek, bringing the total funding raised to $255M  —  ClassPass today announced the close of an $85 million Series D financing round led by Temasek, the same firm that led the startup's Series C financing.
Dan Ackerman / CNET:
Connie Loizos / TechCrunch:
Equidate, a San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, raises $50M Series B  —  Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them …
Kane Wu / Reuters:
Sources: Chinese chip manufacturer Tsinghua Unigroup signed a deal last month to acquire French smart chip components maker Linxens for about €2.2B  —  HONG KONG (Reuters) - China's top state chip manufacturer Tsinghua Unigroup Ltd has signed a deal to acquire French smart chip components maker Linxens …
More: ZDNet
Nick Statt / The Verge:
Steam is rolling out Steam Chat, with new text and voice features to compete with gaming chat app Discord, to all users  —  In a bid to keep Discord from dominating the social space around PC gaming  —  Steam has begun rolling out its new text and voice features, as well as its updated friends list, to all users beginning today.

Sponsor Posts

Smartsheet:
Direct listing or IPO: What's the difference?  —  What's the best way to take a company public?  Recently a few larger, well-known brands, notably Spotify and Slack, have opted for the direct listing.  Read more.
Zoho:
7 Email marketing best practices for the holiday season  —  While holidays spell fun and frolic for some, for others they mean more work.  When it comes to email marketers, the holidays are a time to buckle up for increased marketing activity.
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's why gamers should go with a processor that has high IPC and can hit the highest frequencies  —  Adding core count for core count's sake does not create a better gaming experience
Mattermost:
How is Mattermost different from Slack?  —  Learn why Mattermost is the #1 open source Slack alternative.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Mon. 11/18 - Google Stadia and the Mustang Mach-E Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:30 PM ET, July 25, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Nick Statt / The Verge:
Stephen Shankland / CNET: