Tech Brew Ride Home Monday, Mar. 12, 2018 - Apple Buys Texture
7 snips
Mar 12, 2018 Apple's acquisition of Texture aims to enhance its publishing strategy and Apple News offerings. Meanwhile, Dropbox prepares for an IPO with intriguing valuation insights. Excitingly, drone deliveries could launch soon, with tech giants like Amazon and Alphabet in the mix. Twitter enforces new rules against tweet-decking, targeting content duplication. Additionally, the ongoing battle between Broadcom and Qualcomm continues to unfold, while bitcoin markets feel the impact of significant sales from the Mt. Gox trustee.
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Apple Moves Into Premium Publishing
- Apple bought Texture to deepen its role in publishing and support quality journalism.
- The acquisition could let Apple enhance Apple News and differentiate against fake news by partnering with trusted magazine brands.
Dropbox IPO Reveals User Monetization Gap
- Dropbox filed to raise roughly $648 million and would trade under DBX with a ~$7.5B valuation.
- The company has 500 million users but only about 11 million are paying, and it reported a $112 million loss in 2017.
Drone Delivery Could Launch This Summer
- FAA-approved drone delivery pilots could start as early as May, involving Amazon, Alphabet, and others.
- Local laws on noise, privacy, and safety may still block wide rollouts despite federal progress.