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November 2, 2019, 6:05 AM
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| Lauren Feiner / CNBC: |
Google to acquire Fitbit at $7.35 per share in cash, valuing the company at about $2.1B — - The acquisition pits Alphabet against fellow tech giant Apple in the wearable fitness tracking space. — Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.
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| Dieter Bohn / The Verge: |
Google can make a success of Fitbit if it can be managed as well as the integration of HTC's smartphone team, but it can also end up as a fiasco like Nest — The HTC acquisition went well, Nest did not — will this? — Google is buying Fitbit and the reasons why are both simple and complicated.| David Ruddock / Android Police: |
Google's Fitbit acquisition feels like a top-down decision of executives who found enough yes men to agree to the delusion that Fitbit can revive Wear OS — Google announced today that it would purchase Fitbit, the ailing manufacturer of fitness-focused wearables and smartwatches, for $2.1 billion.
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Tweets: @_am1t, @thehfone, @brianfagioli, and @rdrv3
| Alex Heath / The Information: |
Source: Facebook held talks to acquire Fitbit but wanted to pay roughly half of the $2.1B that Google eventually agreed to pay — Before Google reached a $2.1 billion deal to buy Fitbit, announced on Friday, Facebook held talks to acquire the smartwatch maker, according to two people familiar with the situation.
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Tweets: @amir, @alexeheath, @nickwingfield, @mikeisaac, and @charlesarthur
| Swati Khandelwal / The Hacker News: |
Google releases patch for a Chrome zero-day vulnerability being used in the wild that allows hackers to escape sandbox protections via malicious websites — Attention readers, if you are using Chrome on your Windows, Mac, and Linux computers, you need to update your web browsing software immediately … | Reuters: |
Sources: CFIUS has launched a review of ByteDance's 2017 acquisition of Musical.ly, as TikTok didn't seek clearance from CFIUS during the acquisition — NEW YORK/BEIJING/WASHINGTON (Reuters) - The U.S. government has launched a national security review of TikTok owner Beijing ByteDance …
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Tweets: @kenroth, @pkafka, @anaswanson, @silvermanjacob, @oneunderscore__, @profcarroll, @karissabe, @nytimes, @gwbstr, @hawleymo, @marcorubio, @gaberivera, and @matthewstoller
| Kyle Orland / Ars Technica: |
At Blizzcon, Blizzard president gives vague apology over the Hearthstone Hong Kong protests response, says he accepts “accountability,” promises to “do better” — Brack accepts “accountability,” promises to “do better” without offering details on how.
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The Verge, Variety, CNN, VentureBeat, Kotaku, IGN, Polygon, PC Gamer, IGN, Engadget, New York Times, GameSpot, CNET, GamesIndustry.biz, and VentureBeat
Tweets: @a_sted and @shannon_liao
| Elizabeth Schulze / CNBC: |
Russia's “sovereign internet” law, which aims to enable disconnecting the country's internet from the rest of the world, went into effect on Friday — - The law tightens Moscow's control over the country's internet infrastructure and aims to provide a way for Russia to disconnect its networks from the rest of the world.| Jeremy Bogaisky / Forbes: |
China-based autonomous flying taxi startup Ehang files for a US IPO, says its revenues declined 15.6% YoY to $4.7M in H1 2019, as losses increased 42% to $5.5M — Deputy editor for Industry; eyes on the skies — EHang, a Chinese company that is preparing to launch what could be the first …
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The Verge, TechCrunch, SEC, and Crunchbase News
| Julia Carrie Wong / The Guardian: |
The debate over Facebook's political ads policy has been too US-centric and the company hasn't explained how that policy will work in other countries — When Facebook wrote to Joe Biden's campaign to say it would not back down from its decision to exempt politicians from its ban … | Monica Nickelsburg / GeekWire: |
Satya Nadella says Microsoft won Pentagon's JEDI contract by focusing on customer's needs and company's unique tech capabilities, and staying out of politics — Microsoft's surprise victory last week in a protracted competition to build the Pentagon's war cloud has some critics asking whether politics played any role in the outcome.| Ryan Gallagher / Bloomberg: |
Some employees say Google's new community standards smack of censorship after memes about hiring of an ex-DHS staffer are deleted from an internal message board — - Critical memes deleted at company known for open debate — New hire tied to Trump immigration policies poses a test
Tweets: @rj_gallagher and @mccomments
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