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Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country  —  SHANGHAI — For Facebook, success in China was brief.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

Tribe AI:
“Data science is the last mile innovation for almost every industry on the planet.”  —  Turn your data into key insights with a handpicked team of top ML engineers, flexible engagements, and projects scoped for max impact.
Zoho:
Choosing the right chart type for your presentation  —  Using charts in a presentation is an effective way to get your audience to analyze and understand the relationship between various data sets.
Climate Draft:
Join, advise, or invest in climate startups in 2022  —  We're mobilizing top tech talent to work with leading climate startups.  Sign up to be the first to know about future Climate Drafts and how you can participate.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Techmeme Ride Home:
(TWTR SPC) Jack Dorsey, Halo Infinite And Foldable Phones
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, 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: