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 …

Sponsor Posts

Google Cloud Next:
Google Cloud Next '20: OnAir  —  It's a wrap but keep viewing the content on-demand.  Solve more with Google Cloud.
Zoho:
How an LMS supports blended learning courses  —  Organizing blended learning courses, which combines online and classroom training, is a great way to motivate your employees to participate in training programs.
Oura:
How Blue Light Impacts Your Sleep  —  Your body's unique internal clock can be thrown off by your cell phone, laptop, and other before-bed habits.
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.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Thu. 09/24 - The Rebel Alliance Forming To Battle App Stores Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:25 AM ET, November 12, 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

Wall Street Journal:
Zack Whittaker / TechCrunch:
Dean Takahashi / VentureBeat: