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June 3, 2018, 10:15 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Bloomberg: |
Sources: Microsoft has agreed to acquire GitHub; the deal could be announced as soon as Monday — - Companies are said to plan announcement as soon as Monday — San Francisco-based startup was valued at $2 billion in 2015 — Microsoft Corp. has agreed to acquire GitHub Inc. …
More:
The Verge, about.gitlab.com, Android Police, Engadget, Axios, The Next Web, TechCrunch, Business Insider, ZDNet, GeekWire, Gizmodo, Ubergizmo, CNET, SlashGear, Mashable, Business Insider, CNBC, and Slashdot
Tweets: @tomwarren, @semil, @jstrauss, @videolan, @mcclure111, @thogge, @paulobrien, @ummjackson, @ow, @meadbadger, @bodil, @mikedorsey, @ow, @lapcatsoftware, @carnage4life, @zkahn, @olivier_flt, @bahmutov, @thomasnigro, @rrhoover, @nick_craver, @markrendle, @stroughtonsmith, @brianmcc, and @maryjofoley
| Nathan Vardi / Forbes: |
Some funds founded by Nathan Myhrvold, which raised ~$3B to invest mostly in patents, had negative IRR of 15% to 24% in last decade; many key people have left — Forbes Staff Following the money trail — The other fund, Invention Development Fund, has posted an IRR of -24.7%.
Tweets: @kennwhite, @deaneckles, @wilbanks, and @fredbenenson
| Zen Soo / South China Morning Post: |
Profile of Alex Zhou, who built his US-based e-commerce site Yamibuy into a $100M business by serving the untapped Chinese migrant community — Alex Zhou, chief executive of US-based e-commerce site Yamibuy, has built a business out of selling hard-to-find items for the Asian immigrant communities
Tweets: @scmp_news, @shanghaiist, and @jrichlive
| David Meyer / ZDNet: |
German court rules that country's intelligence service BND can spy on the traffic flowing through Frankfurt's De-Cix, world's largest internet exchange point — Vital internet hub, De-Cix in Frankfurt, has lost its fight against German intelligence services' mass surveillance.| Stuart Leavenworth / McClatchy Washington Bureau: |
As DNA testing sites like Ancestry.com amass the most sensitive data of millions of people, fears abound about data breaches and changing Terms of Service — DNA for Sale — LEHI, UTAH — It markets its DNA kits with promises that tug at the heartstrings: Discover ancestors. Strengthen family ties.
Tweets: @mcclatchydc and @sleavenworth
| Ronan Glon / Digital Trends: |
Fiat Chrysler's five year plan: level 3 autonomy coming to most models by 2021, car sharing and in-car purchases for movie tickets, parking, and more in 2019 — The cloud of negativity surrounding autonomous and semi-autonomous cars isn't stopping Fiat Chrysler Automobiles (FCA) …
More:
Detroit News, Bloomberg, and Wall Street Journal
| Federal Reserve Bank of San Francisco: |
How optimistic investors bid up Bitcoin ahead of futures' debut last year, but new derivatives enabled pessimists to bet against Bitcoin, crashing the price — Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak, and Patrick Shultz From Bitcoin's inception in 2009 through mid-2017, its price remained under $4,000.| Charlie Osborne / ZDNet: |
Gartner: 384M smartphones sold to end users in Q1, up 1.3% YoY, as market returns to growth; Xiaomi, up 124% YoY, sees the most growth among the top 5 vendors — The sale of mobile devices has strengthened after declining in Q4 2017 for the first time since 2004.
Tweets: @abarrabarr
| Ingrid Lunden / TechCrunch: |
Nokia completes the sale of its digital health unit to Withings co-founder Eric Carreel, who plans to relaunch it as a Paris-based startup by the year's end — Nokia has closed the books on its unlucky foray into digital health devices and services, and with it, a business is marking its return to the world of startups.
More:
VentureBeat, BBC, TechRadar.com, Engadget, and Digital Trends
| Khari Johnson / VentureBeat: |
Beijing-based ForwardX Robotics, maker of a fully autonomous suitcase that follows its owner, raises a $10M Series A — Autonomous luggage maker ForwardX Robotics today announced it has raised $10 million to bring its suitcase Ovis to market. At $399, the luggage can move a maximum 6.2 miles per hour … | Glyn Moody / Techdirt: |
German court throws out ICANN's lawsuit against EPAG, a Tucows-owned registrar that stopped collecting WHOIS data because of GDPR — from the who-is-whois-for? dept — The EU's General Data Protection Regulation (GDPR) has only just started to be enforced, but it is already creating …
More:
Telecompaper, CircleID, The Register, and ITworld.com
| Steven Sinofsky / Learning By Shipping: |
Overview of insights from Code Conference 2018 interviewees, many of whom treated the opportunity as a platform to apologize — A collection of quotes, one-liners (and apologies) that were interesting, insightful, thought-provoking from #CODECON. — The annual Code Conference continues …
Tweets: @riskreversal and @stevesi
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