posted 3 days ago on techmeme
Taylor Soper / GeekWire: Convoy, which matches trucking companies with shippers that need to move freight, raises $62M Series B led by Y Combinator's Continuity Fund  —  It's a warm summer afternoon at the TA Seattle East truck stop in North Bend, Wash., and Jerry Brooks is waiting for business.

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Mehedi Hassan / MSPoweruser: Microsoft says MS Paint will be available on the Windows Store as a free standalone app in the future  —  Microsoft Paint has been in the news since yesterday when Redmond announced that the software is being deprecated with the upcoming Windows 10 Fall Creators Update.

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Christina Farr / CNBC: Source: Alphabet's medical arm Verily invested in life science startup Freenome in March, built a lab on campus for its team  —  - Verily, part of Google's parent company Alphabet, quietly invested in a life sciences start-up called Freenome and built it a lab to sweeten the deal.

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Randy Nelson / Sensor Tower Blog: Sensor Tower says Netflix app revenue up 233% YoY to $153M in Q2 across Google Play and App Store, is highest grossing app overall, followed by Tinder, LINE  —  Non-gaming revenue from in-app purchases and subscriptions grew by 56 percent year-over-year in Q2, according to Sensor Tower Store …

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Chris Kirkham / Wall Street Journal: Expedia and Priceline boost inventory of home-rental options to challenge Airbnb, with Priceline Group's Booking.com upping vacation rental inventory by 50% YoY  —  Online travel giants are boosting inventory of home-rental options that can be booked similarly to a hotel, with just a few clicks

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Jan Wolfe / Reuters: Roomba vacuum maker iRobot hopes to sell its users' floor plan data, seeking deals with Amazon, Apple, and Alphabet  —  (Reuters) - The Roomba robotic vacuum has been whizzing across floors for years, but its future may lie more in collecting data than dirt.

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Kurt Wagner / Recode: Facebook has acquired a content rights startup called Source3 to help fight video pirates  —  Facebook wants to make sure video creators can't get ripped off.  —  Facebook has acquired a startup to help it crack down on users who share pirated videos and other content without permission.

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Steve Kovach / Business Insider: Alphabet: Q2 revenue of $26.01B, up 21% YoY, vs $25.64B est., net income of $3.52B with EC fine, CPC down 26%, and paid clicks on Google properties up 61% YoY  —  Google's parent company Alphabet beat expectations for its second-quarter earnings on the top and bottom lines …

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Alphabet Investor Relations: Alphabet Announces Second Quarter 2017 Results  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2017.  —  “With revenues of $26 billion, up 21% versus the second quarter of 2016 and 23% on a constant currency basis …

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Julia Fioretti / Reuters: EU sets July 20 date for new proposals from Facebook, Google, Twitter to bring their user terms into compliance, after deeming earlier proposals insufficient  —  BRUSSELS (Reuters) - European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms …

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Dean Takahashi / VentureBeat: Sensor Tower: mobile game revenues grew 32% YoY to $12.2B in Q2 as Asian titles, like Honor of Kings, surged  —  EXCLUSIVE:  —  Mobile gaming revenue grew 32 percent from a year ago to $12.2 billion in the second quarter, according to mobile measurement firm Sensor Tower.

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Miguel Helft / Forbes: Google CEO Sundar Pichai appointed to Alphabet board of directors as its 13th member  —  Google CEO Sundar Pichai, who has led the company for the past two years, is joining the board of directors of Alphabet, Google's parent company said on Monday.  —  The more represents a vote of confidence …

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Wall Street Journal: Sources: Foxconn close to investing in a TV display manufacturing plant in Wisconsin and possibly another factory in the Detroit area  —  In addition to Wisconsin, the company is looking in the Detroit area for a possible plant  —  Taiwan's Foxconn Technology 2354 0.22% Group …

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Samuel Gibbs / The Guardian: Microsoft Paint, first released with Windows 1.0 in 1985, to be “removed or deprecated” in the Windows 10 Fall Creators Update; Paint 3D to remain  —  Long-standing basic graphics editing program, used throughout childhoods since the 1980s, has been marked for death

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Tom Hancock / Financial Times: BingoBox already has more than a dozen Amazon Go-like unmanned shops open in China, plans to have almost 200 more by the end of August  —  Wide use of mobile payments propels country's vendors past the likes of Amazon Go  —  Read next … Like other convenience stores across China …

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posted 4 days ago on techmeme
Bloomberg: Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud  —  New HoloLens processor will let mixed reality goggles recognize speech and images  —  Tech companies are keen …

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Terri Cullen / CNBC: KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price  —  - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.

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Amy Feldman / Forbes: Recruiting software provider Lever raises $30M Series C, bringing the total raised to $62M  —  Sarah Nahm cofounded Lever five years ago to rethink recruiting for the digital age.  The San Francisco-based recruiting software company helps its customers not only track resumes …

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Ingrid Lunden / TechCrunch: LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon  —  LinkedIn, the social network for the working world with more than 500 million members that is now owned by Microsoft, is today taking its next step in its bid to court more users in emerging markets.

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Yi Shu Ng / Mashable: China's forcing citizens in Muslim-majority region to install spyware on their phones  —  China has ramped up surveillance measures in Xinjiang, home to much of its Muslim minority population, according to reports from Radio Free Asia.  —  Authorities sent out a notice over a week ago instructing citizens …

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Jon Russell / TechCrunch: Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B  —  Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing …

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Casey Newton / The Verge: Instagram is pushing restaurants to be kitschy, colorful, and irresistible to photographers  —  When it came time to design their first restaurant, Media Noche, San Francisco entrepreneurs Madelyn Markoe and Jessie Barker found themselves lacking inspiration.

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Ingrid Lunden / TechCrunch: LiveStories raises $10M Series A led by Ignition Partners with participation from True Ventures, to organize, analyze, and visualize fragmented civic data  —  Big data analytics continues to be a key driver in how organisations utilise their vast quantities of information to run their businesses …

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Kevin Roose / New York Times: A look at initial steps by the US Congress towards regulation of autonomous vehicles as the tech nears marketability  —  Self-driving cars are zooming at breakneck speed toward America's roadways, and Washington is finally reaching for its seatbelt.  —  For years, the race …

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Paula Dwyer / Bloomberg: Some economists say US tech giants are becoming harmful monopolies, need to be broken up; regulators need to consider alternatives to classic antitrust theory  —  Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy's most persistent ailments.

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