News highlights – 15 February

Written by on February 16, 2017 in News with 0 Comments

News highlights for 15 February

REUTERS/Dado Ruvic/File Photo

Spotify to move US headquarters to New York, create 1,000 jobs

STOCKHOLM (Reuters) – Swedish music streaming service Spotify will move its U.S headquarters and more than double its workforce in the country by next year, New York governor Andrew Cuomo said on Wednesday. Read more…

Snap goes conservative with IPO valuation

(Reuters) – Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources. Read more…

TripAdvisor results hit by falling advertising, subscription revenue

(Reuters) – Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue. Read more…

This time the deadline is real – IPv4 addresses have all but run out

This week, the regional internet registry responsible for Latin America and the Caribbean, LACNIC, announced it has moved to “phase 3” of its plan to dispense with the remaining network addresses, meaning that only companies that have not received any IPv4 space are eligible. There is no phase 4. Read more…

Atomico closes $765 million tech venture fund in Europe

FRANKFURT (Reuters) – Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe’s largest standalone tech venture fund, a $765 million war chest that reflects the region’s growing financing firepower. Read more…

Microsoft and Tata sign deal on better customer experience in cars

MUMBAI (Reuters) – Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the companies said in a joint statement. Read more…

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