Techmeme
August 27, 2018, 7:40 AM

Top News

Madhav Chanchani / The Economic Times:
Sources: Warren Buffet's Berkshire Hathaway has agreed to acquire a 3%-4% stake in Paytm's parent company One97 Communications, valuing Paytm at over $10B  —  Softbank and Alibaba-backed Paytm may get valued at $10 billion after this funding from Berkshire Hathaway
Facebook:
Facebook removes 18 Facebook accounts, one Instagram account, and 52 Facebook Pages, including Burmese military officials, in response to Myanmar violence  —  The ethnic violence in Myanmar has been truly horrific.  Earlier this month, we shared an update on the steps we're taking to prevent …
Jon Russell / TechCrunch:
Didi suspends its Hitch carpooling service in China after a driver allegedly raped and killed a carpooling passenger, the second such incident in 2018  —  Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber's China business, has suspended its carpooling service …
CNN:
Multiple fatalities reported in a mass shooting during a Madden NFL gaming tournament in Jacksonville, Florida; shooter had won previous Madden NFL tournaments  —  (CNN)The sheriff's office in Jacksonville, Florida, said there was a mass shooting at a downtown marketplace on Sunday and urged people to stay far away from the area.
Patricia Hernandez / The Verge:
The YouTube stream for the Logan Paul vs. KSI fight had ~773K viewers, at $10/view, but 1M+ people watched unofficial streams of the fight on Twitch at its peak  —  Most people didn't pay for the biggest event on YouTube  —  After months of hype, YouTube superstars Logan Paul …

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More News

Ian Bogost / The Atlantic:

Earlier Picks

Josh Constine / TechCrunch:
Muyao Shen / CoinDesk:
Javier E. David / CNBC: