Techmeme

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Jon Russell / TechCrunch:
OneWeb raises $1.2B, of which $1B is from SoftBank, to build high volume satellite production facility for affordable satellite-based internet service   —  The battle for satellite-powered internet is heating up.  Weeks after Tesla asked the U.S. Government for permission to launch …
Dec 19, 2016, 10:50 AMIn context
Jon Russell / TechCrunch:
Amazon Prime Video is now in 200+ countries, excluding China, at no additional cost for Prime members, and $5.99/month in countries with no Prime option   —  A month after it dropped major hints, Amazon has made its Prime Video service available in more than 200 countries worldwide bringing …
Dec 14, 2016, 5:30 AMIn context
Jon Russell / TechCrunch:
Source: Spotify backs away from SoundCloud acquisition after months of talks to focus on IPO   —  The digital music marriage that many wanted to happen isn't happening after all.  Spotify has given up on its latest effort to buy SoundCloud following months of talks between the two …
Dec 8, 2016, 12:10 PMIn context
TechCrunch:
Report: Fitbit to acquire Pebble, will shutter company over time; source says deal is worth $34-40M, below Citizen's $740M 2015 offer, Intel's $70M 2016 offer   —  It looks consolidation is acoming to the wearables space with Fitbit set to acquire smartwatch maker and multi-million-dollar …
Dec 1, 2016, 12:55 AMIn context
Jon Russell / TechCrunch:
Didi Chuxing partners with Avis, will let Chinese tourists traveling abroad book cars from within the app, service should go live early 2017 in 175 countries   —  China's Didi Chuxing revealed last month that it has plans to expand into global markets, and today we got the first hint …
Nov 15, 2016, 9:05 AMIn context
Jon Russell / TechCrunch:
Samsung agrees to buy US automotive electronics maker Harman for $8B to further its connected car push   —  Samsung is increasing its focus on the connected car after the Korean firm announced plans to buy auto and audio product maker Harman in an all cash deal worth $8 billion.
Nov 14, 2016, 2:50 AMIn context
Jon Russell / TechCrunch:
Sony's mobile unit reports Q2 profit of $37M, a huge gain on the $172M loss a year ago, as phone sales fall 40% YoY to 3.5M   —  Sony's profit dropped 86 percent year-on-year as the strong performance of the Japanese Yen, fallout from the Kumamoto earthquake and company restructuring weighed on its Q2 2016 earnings.
Nov 1, 2016, 10:30 AMIn context
Jon Russell / TechCrunch:
Source: this summer Facebook tried to buy Snow, a Snapchat clone from Korean firm Naver, which is also behind chat app Line   —  Here's fuel to the fire for those who believe that Facebook will buy anything that looks, smells or moves like Snapchat.  The U.S. social networking giant this summer …
Oct 31, 2016, 4:35 PMIn context
Jon Russell / TechCrunch:
Hong Kong's Tink Labs raises $125M from Foxconn's FIH Mobile, Sinovation Ventures, and Meitu's chairman for its free-to-use smartphone service for hotel guests   —  If you travel a lot, or even just a little, you'll be sick of roaming bills, or frustrated by the inconvenience of the cheaper alternative …
Oct 3, 2016, 3:45 AMIn context
Jon Russell / TechCrunch:
Line invests $45M for 25% of Asia-focused Snapchat-like app Snow   —  Line, the messaging company that went public in the year's highest IPO to date, is diversifying its business and focusing on social after it invested $45 million (50 billion KRW) in Snow, a Snapchat clone focused on Asia.
Oct 2, 2016, 7:05 AMIn context

Sponsor Posts

Microsoft:
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