Techmeme
April 11, 2019, 8:20 PM

Top News

CNBC:
Uber files for an IPO, says it had $11.27B in revenue, up 42% YoY, and an EBITDA loss of $1.85B in 2018  —  - Uber will list on the New York Stock Exchange under the symbol “UBER,” the company said in a filing released publicly on Thursday.  — The company posted net income of $997 million in 2018 …
Vlad Savov / The Verge:
In his annual shareholder letter, Jeff Bezos challenges retail rivals to match or raise their minimum wage above Amazon's $15 per hour  —  Target plans to move to $15 per hour by end of 2020 while Walmart lags behind at $11 an hour  —  In his annual letter to shareholders …
Richard Lawler / Engadget:
Disney says Disney+ will support 4K and HDR video, all content on Disney+ can be downloaded and viewed offline, and that the app will be on Roku, PS4, and more  —  In the fall of 2017 Disney announced plans for a subscription streaming service of its own that could compete with the likes of Netflix.
Sarah Whitten / CNBC:
CNBC:
PagerDuty closes at $38.25, up 59%, on its first day of trading, valuing the company at around $2.8B  —  - PagerDuty is the first notable software company to go public this year, and comes ahead of Zoom's expected offering next week.  —  PagerDuty shares jumped 59% in their opening …
Paul Thurrott / Thurrott:
Acer announces Helios 300 and 700 gaming laptops, starting at $1,200, new business-focused Chromebooks, and ConceptD, a premium lineup of laptops and desktops  —  Acer today announced new PCs and Chromebooks aimed at consumers, education, business, gaming, and creative professionals at its [email protected] event in New York.
Catalin Cimpanu / ZDNet:
Security researchers disclose Dragonblood, a group of vulnerabilities impacting WiFi Alliance's recently launched WPA3 WiFi security and authentication standard  —  Dragonblood vulnerability discovered by the same security researcher who discovered the KRACK attack on WPA2.
Josh Dzieza / The Verge:
Interviews with Wisconsin residents about Foxconn's slow progress with its investments in the state seem to indicate Foxconn has no idea what it's doing  —  Last summer, Foxconn announced a barrage of new projects in Wisconsin — so we went looking for them
Joseph Cox / Motherboard:
DOJ charges Julian Assange with conspiracy to commit computer intrusion for allegedly assisting Chelsea Manning in an attempt to crack a DOD password  —  For years, it has been publicly reported that Julian Assange offered to help Chelsea Manning break into a classified computer system.
Aoife White / Bloomberg:
Dutch antitrust authority will examine whether Apple abuses a dominant market position by giving preferential treatment to its own apps, may widen it to Google  —  - Probe focuses on Apple and news apps, may be widened to Google  — EU is separately weighing Spotify complaint on Apple
Kirsten Korosec / TechCrunch:
Online used car marketplace Shift raises an additional $40M, bringing the total raise of its Series D to $180M, as it aims to double its revenue this year  —  Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots …
Ingrid Lunden / TechCrunch:
Triplebyte, which offers personalized online coding tests and technical interviews to help employers screen candidates, raises $35M Series B  —  LinkedIn, with nearly 600 million users, dominates the market today for recruiters headhunting suitable candidates for knowledge worker roles.

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