Techmeme
November 12, 2018, 10:25 AM

Top News

Dan Primack / Axios:
SAP announces it will buy user experience management platform Qualtrics, which had planned to go public later this month, for $8B  —  SAP on Sunday night announced that it will purchase Qualtrics, a U.S.-based maker of survey software that had been expected to go public this week, for $8 billion in cash,
Bloomberg:
Profile of Qualtrics CEO Ryan Smith, who resisted taking VC money for over a decade before finally agreeing to deals with Accel and Sequoia Capital  —  - SAP is paying $8 billion in cash for Ryan Smith's Qualtrics  — Utah-based software company had been planning to go public
Alex Konrad / Forbes:
Qualtrics had 2017 revenue of $289.9M; with the $8B acquisition, Accel and IVP's stakes are each worth $1B+, and the Smith family's stake is ~$2.6B after taxes  —  Utah-founded cloud unicorn Qualtrics was set to have one of tech's most hotly-anticipated initial public offerings this week.
Yonhap News Agency:
Sources: Samsung to launch the flagship Galaxy S10 in February, Galaxy S10 with 5G support and its foldable phone called Galaxy F in March  —  Samsung Electronics Co. plans to launch its first foldable smartphone in March, along with a fifth-generation (5G) network-powered Galaxy S10, industry sources said Monday.
Wall Street Journal:
A look at the tug of war between the data driven tech team and the relationship-oriented Hollywood team at Netflix  —  As the company plunges deeper into originals, its L.A. wing is doing the once-unthinkable: overriding the metrics  —  Netflix Inc.'s executives were torn.
Kurt Wagner / Recode:
Sources: Imran Khan, formerly second-in-command at Snap, is working on a new e-commerce startup due to launch next year  —  Khan plans to launch a new shopping platform in 2019.  —  Imran Khan, who spent the past four years as the top business executive at Snapchat's parent company, Snap …
CoinDesk:
A look at the heated debate raging in the Bitcoin Cash community ahead of the contentious hard fork that may split the cryptocurrency's blockchain on Nov. 15  —  “Do not come crying when you are bankrupt.”  —  Lobbed at those bitcoin cash enthusiasts supporting Bitcoin ABC …
Paul Sawers / VentureBeat:
Framer, an Amsterdam-based UI prototyping platform, raises $24M Series B led by Atomico, with Accel and AngelList participating  —  Dutch design prototyping startup Framer has raised $24 million in a series B round of funding led by Atomico, with participation from Accel and AngelList.
More: TechCrunch and Tech.eu
Arjun Kharpal / CNBC:
Alibaba sold $30.8B worth of goods during the 24-hour Singles' Day shopping event, topping the 2017 Singles Day sales of $25.3B  —  - Singles Day got off to a strong start with sales hitting $1 billion in one minute and 25 seconds.  —  Alibaba on Sunday tore through last year's Singles Day sales record …

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Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
All the 11s  —  Rene Ritchie has all three iPhone 11s and talks about the tri-lens camera, battery life, and how they stack up against each other.  Subscribe to the MacBreak Weekly podcast.
Zoho:
Six ways to use shapes to create a compelling presentation in Zoho Show  —  Ideas come in all shapes and sizes—be it an extra fold to help your paper plane fly a few inches further, or an equation that changes …
AWS Startups:
Shaping Your Startup Culture to Thrive  —  Our panel of experts at our AWS Loft in New York, including folks from Buzzfeed, Enigma, and Value Culture, discuss why culture is vital to any startup that wants to survive past its early days.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Will Smith and Ang Lee are coming to Disrupt SF this October 2-4  —  We'll talk to Lee and Smith about what it was like working with these effects, and how else they could change the way movies get made.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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