Wall Street Journal

Microsoft to Acquire GitHub For $7.5 Billion in Stock
Microsoft will acquire the software-code repository GitHub for $7.5 billion in stock, a move that could help the software giant convince more developers to create applications for its cloud-computing business. The deal puts GitHub, a popular service where developers share and collaborate on code, into the hands of a tech giant that is among the leaders in so-called cloud computing, where customers rent digital resources and applications on demand. Three years ago, GitHub raised $250 million from several venture capital firms, a move that valued the company at $2 billion at the time.
Christopher Mims: Amazon, Facebook and Google may be repeating the history of steel, utility, rail and telegraph empires past (Wall Street Journal)
Submitted by Robbie McBeath on Fri, 06/01/2018 - 15:50‘You’re Stupid if You Don’t Get Scared’: When Amazon Goes From Partner to Rival (Wall Street Journal)
Submitted by Robbie McBeath on Fri, 06/01/2018 - 14:32
Google Emerges as Early Winner From Europe’s New Data Privacy Law
The General Data Protection Regulation (GDPR), the European Union’s new privacy law, is drawing advertising money toward Google’s online-ad services and away from competitors that are straining to show they’re complying with the sweeping regulation. The reason: the Alphabet ad giant is gathering individuals’ consent for targeted advertising at far higher rates than many competing online-ad services, early data show.
The Search for Women Who Want Cybersecurity Careers (Wall Street Journal)
Submitted by Robbie McBeath on Fri, 06/01/2018 - 07:38Publishers From Rolling Stone to PopSugar Pool Ad Sales Efforts to Combat Tech Giants
As Facebook and Alphabet's Google continue to dominate digital ad sales, publishers are increasingly teaming up to give themselves a better shot at competing with the tech giants. New York Media, PopSugar and Rolling Stone are all joining Concert, a digital advertising marketplace operated by Vox Media. Concert shares ad revenue with publishers in the network, but declined to disclose the share each party keeps. Concert, which is a joint venture of Vox Media and Comcast’s NBCUniversal, still lags far behind the biggest tech giants in terms of global audience size.
Beijing’s New Superpowers Over Movie Industry Frustrate Hollywood Studios (Wall Street Journal)
Submitted by benton on Tue, 05/29/2018 - 06:13In ‘Founder Friendly’ Era, Star Tech Entrepreneurs Grab Power, Huge Pay (Wall Street Journal)
Submitted by benton on Tue, 05/29/2018 - 06:10T-Mobile Says It Hired Lobbying Firm Tied to Former Trump Aide Corey Lewandowski
T-Mobile is getting advice from Corey Lewandowski, the former campaign manager for President Donald Trump, as part of a lobbying effort to help the telecommunications company secure federal approval for its proposed takeover of Sprint. T-Mobile said it hired Turnberry Solutions in August. “Corey Lewandowski is now affiliated with that firm and they have offered perspective to T-Mobile on a variety of topics, including the pending transaction,” the company said. According to documents, Lewandowski receives a cut of the fees paid to the lobbying firm on the T-Mobile contract.