Techmeme
March 11, 2019, 9:45 AM

Top News

Ian King / Bloomberg:
Nvidia to buy Mellanox Technologies, which makes chips and other hardware for data center servers, for $6.9B  —  - Mellanox holders offered $125-per-share in all-cash deal  — Graphics chipmaker trying to further embed itself in servers  —  Nvidia Corp. agreed to buy chipmaker Mellanox …
Anthony Ha / TechCrunch:
Appen, a crowdsourced data annotation startup, is acquiring rival Figure Eight for $175M in cash upfront and up to $125M more based on this year's performance  —  Appen just announced that it's acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront …
More: FinSMEs
Adi Robertson / The Verge:
Facebook sues two Ukrainian developers for enticing 60K+ users to install browser extensions that scraped personal info and injected ads into their News Feeds  —  Facebook has sued two Ukrainian men for allegedly using quiz apps to scrape Facebook users' private data and inject advertisements into their News Feeds.
Lora Kolodny / CNBC:
Tesla reverses course, says it will keep more stores open than previously planned, and will raise vehicle prices by ~3% worldwide after March 18  —  - Tesla CEO Elon Musk told employees in an e-mail late Sunday night that the company would be shifting its sales plans yet again.
NBC News:
Researchers who claim to have discovered the Citrix breach say Iran-linked hackers stole at least 6TB of data, may have first gained access 10 years ago  —  The hackers are believed to have penetrated the software giant Citrix years ago and have remained inside the company's computer network ever since.
Chris Ip / Engadget:
How Foursquare, which tracks the location of millions via their smartphones and has 100K+ clients including Snapchat and Uber, makes sure its data isn't misused  —  It seems counter-intuitive that, in the thick of a backlash against Big Tech's data privacy abuses, Dennis Crowley …
Nilay Patel / The Verge:
Interview with Sen. Warren on her plan to break up big tech, including Apple, which she says shouldn't both run the App Store and distribute its own apps in it  —  Under Warren's plan, Amazon would not be able to sell Amazon Basics products on the Amazon retail store, Google would not be able …
Min Jeong Lee / Bloomberg:
Messaging app Kakao's cryptocurrency subsidiary Ground X raises $90M via a private coin offering to develop paid services on its network  —  - Ground X plans to raise similar sum starting on Tuesday  — Kakao mulling launching services on unit's blockchain platform
Dennis Schaal / Skift:
Source: Airbnb is paying a little more than $400M for HotelTonight, with about half in cash and half in stock  —  So how much is Airbnb shelling out to acquire HotelTonight?  The deal price was a little more than $400 million, with about half in cash and half in stock …

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Zoho:
Google AppMaker is closing its doors.  Welcome to Zoho Creator.  —  What happens when the product or service you run your business on closes down?  —  Google entered the low-code space with Appmaker, in 2016 …
CircleCI:
A deep dive into Okta's stack  —  CircleCI CTO Rob Zuber interviews Okta President of Technology Hector Aguilar to talk through and draw the authentication engine that powers the web.

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