Month: January 2019

Pandora announced today that shareholders have approved its $3.5 billion acquisition by SiriusXM. After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra, and chief human resources officer Kristen Robinson. SiriusXM CEO Jim Meyer will lead the combined company. Pandora and SiriusXM announced the
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Pinterest, the 11-year-old, San Francisco-based site known for the photos its users post about everything from wedding to beauty to art world trends, has hired Goldman Sachs and JPMorgan Chase as lead underwriters for an IPO that it’s planning to stage later this year. Reuters first reported the news. TechCrunch sources have since confirmed the
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Desperate for data on its competitors, Facebook has been secretly paying people to install a “Facebook Research” VPN that lets the company suck in all of a user’s phone and web activity, similar to Facebook’s Onavo Protect app that Apple banned in June and that was removed in August. Facebook sidesteps the App Store and
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If you haven’t been paying attention to TikTok, you haven’t been paying attention. The short-form video app hailing from Beijing’s ByteDance just had its biggest month ever with the addition of 75 million new users in December — a 275 percent increase from the 20 million it added in December 2017, according a recent report
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In an effort to bolster its public credibility in the wake of a very rough year, Facebook is bringing a fierce former critic into the fold. Next month, longtime Electronic Frontier Foundation (EFF) counsel Nate Cardozo will join WhatsApp, Facebook’s encrypted chat app. Cardozo most recently held the position of Senior Information Security Counsel with
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Catalonia’s regional government in Spain has agreed new rules to regulate the vehicle for hire (VTCs) sector that will require ride-hailing companies such as Uber and Cabify to substantially change how they operate in Barcelona and other local cities as soon as this week. The changes have been agreed by decree, ahead of a planned
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Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the data center. Already, the computing demands of the technology industry are responsible
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Photo-sharing app and social network Instagram was briefly taken offline on Monday afternoon, causing nothing of consequence to occur other than a brief respite from one source of the constant deluge of inconsequential information to which we all voluntarily submit ourselves. The service died at about 4:20, tragically the very moment when millions of people
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Apple has released an update on its spendings in the U.S. According to the company, Apple is now working with 9,000 different companies in the U.S. Those companies mostly work on hardware components and chipsets for Apple’s devices. You may remember that Apple announced last year it would spend $390 million to expand Finisar’s production
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