Techmeme

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Roopal Verma / Reuters:
CarGurus, an online market for car sales, jumped as much as 84% on its first day of trading, giving the firm a market cap of ~$3B after raising $150M in its IPO   —  (Reuters) - Shares of CarGurus Inc (CARG.O), an online marketplace connecting buyers and sellers of new and used cars …
Oct 12, 2017, 4:00 PMIn context
Dustin Volz / Reuters:
In an interview, Sheryl Sandberg says Facebook is committed to helping Congressional investigators publicly release Russia-linked ads and info on user targeting   —  WASHINGTON (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg said on Thursday the company was fully committed …
Oct 12, 2017, 11:25 AMIn context
Dan Levine / Reuters:
Sources: Waymo sought public apology, independent monitor on Uber's autonomous vehicle tech, and at least $1B in damages in settlement talks with Uber   —  SAN FRANCISCO(Reuters) - Alphabet Inc's Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc …
Oct 12, 2017, 4:50 AMIn context
John McCrank / Reuters:
Equifax says that 15.2M records from 693,665 UK customers were accessed during US hack   —  (Reuters) - Credit reporting agency Equifax Inc (EFX.N) said on Tuesday that 15.2 million client records in Britain were compromised in the massive cyber attack it disclosed last month …
Oct 10, 2017, 3:10 PMIn context
Reuters:
Russia's central bank says it will block websites selling crypto-currencies as Putin says crypto-currencies are risky and used for crime   —  SOCHI, Russia (Reuters) - President Vladimir Putin said on Tuesday crypto-currencies were risky and used for crime, as Russia's central bank …
Oct 10, 2017, 1:25 PMIn context
Reuters:
Bain Capital said it aims to list Toshiba Corp's chip unit on Tokyo Stock Exchange within 3 years, to cash in on its investment after leading $18B acquisition   —  TOKYO (Reuters) - U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp's (6502.T) …
Oct 9, 2017, 3:00 PMIn context
Reuters:
Germany's Dialog Semiconductor announced it is buying California-based chip designer Silego for up to $306M   —  FRANKFURT (Reuters) - Germany's Dialog Semiconductor is to acquire California-based Silego Technology Inc for up to $306 million, helping to strengthen its position in the market for the so-called Internet of Things.
Oct 8, 2017, 8:55 PMIn context
Bozorgmehr Sharafdin / Reuters:
Despite sanctions, a growing number of Iranian tech startups are thriving due to government support, some foreign investment, and lack of foreign competition   —  LONDON (Reuters) - Low on cash but high on hope, Iran's technology entrepreneurs are learning to live with revived hostility …
Oct 7, 2017, 8:10 AMIn context
Dustin Volz / Reuters:
US House Committee on Science, Space and Technology sets hearing on Kaspersky Lab for Oct. 25   —  WASHINGTON (Reuters) - A U.S. House of Representatives committee said on Friday that it has scheduled a new hearing on Kaspersky Lab software as lawmakers review accusations that the Kremlin could use its products to conduct espionage.
Oct 6, 2017, 9:40 PMIn context
Francesco Guarascio / Reuters:
European Commission says some banks may be breaching antitrust rules by preventing non-bank competitors from gaining online access to customer account info   —  BRUSSELS (Reuters) - The European Commission said on Friday it had conducted inspections in some EU states into banks' alleged anti …
Oct 6, 2017, 4:50 PMIn context

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