David Jones

About the Author David Jones


Deals

Atlassian Scoops Up Trello for $425 Million

Atlassian, the parent company behind the Jira enterprise tracking and HipChat communication apps, on Monday announced a deal to acquire Trello, the developer of a cloud-based collaboration app for enterprise teams and personal use. Atlassian will fork over $425 million– $360 million in cash and the rest in stock. Trello provides software that includes digital whiteboards and virtual sticky notes.

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Online Advertising

Medium Slashes Staff, Aims to Fix ‘Broken’ Model

Medium, the once-promising platform led by Twitter cofounder Ev Williams, is losing about a third of its workforce and will undergo a radical overhaul to fix what the CEO called a “broken” business model — advertising-supported online publishing. Williams touted the company’s successes in a post announcing the layoffs, but said that change was needed to address several major business shortfalls.

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Home Tech

Crowd Forms on Alexa Bandwagon

New additions to Amazon’s growing ecosystem of Alexa-based products are making a splash at CES this week. With a growing number of home appliance, computer and electronics makers announcing integrations with the company’s digital assistant technology, the transformation to automated homes and home offices appears to be taking place before our eyes. Among the most notable integrations is Lenovo’s Smart Assistant.

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Trends

Bitcoin Rides the Uncertainty Wave

The price of bitcoin soared to a new three-year high on Monday, surpassing the $1,000 mark for the first time, in response to economic and geopolitical uncertainty in China following the U.S. presidential election. The price of bitcoin stood at more than $1,025 in late trading on Tuesday, after rising to nearly $1,030. The market cap was $16.49 billion, according to the CoinDesk index.

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Trends

Bitcoin Rides the Uncertainty Wave

The price of bitcoin soared to a new three-year high on Monday, surpassing the $1,000 mark for the first time, in response to economic and geopolitical uncertainty in China following the U.S. presidential election. The price of bitcoin stood at more than $1,025 in late trading on Tuesday, after rising to nearly $1,030. The market cap was $16.49 billion, according to the CoinDesk index.

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Privacy

Evernote Toes the Privacy Line

Caught off guard by a huge backlash, Evernote recently abandoned its plan to let staffers read customer notes under certain circumstances. The plan would have allowed staffers to review private customer notes as a means of assessing the accuracy of its new machine learning technology. The company made a mistake in judgment, Evernote CEO Chris O’Neil acknowledged.

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Tech Law

Apple, Ireland Balk at EU’s Bill for Back Taxes

Apple and the Irish government are fighting what some view as a European Union tax grab. The two recently filed a formal appeal of the EC’s decision ordering Apple to pay nearly $14 billion in back taxes, based on its finding that Ireland had given Apple several illegal tax breaks. The EC found that Ireland had allowed Apple to determine its tax based on the activities of its subsidiary firms.

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Community

Docker Delivers Containerd to Open Source Community

Docker on Wednesday announced that it will spin out containerd, a key component of its Docker Engine, for open source use. Containerd will provide an open, stable and extensible base for building non-Docker products and container solutions, the company said. Some of the top cloud providers have committed to making contributions to the project, giving it instant credibility within the community.

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Science

Gates Spearheads $1B Clean Tech Effort

One year after a powerhouse group of technology executives and venture capital icons met to form the Breakthrough Energy Coalition, the group, led by Microsoft founder Bill Gates, has launched a $1 billion investment fund to support clean energy startups around the world. The Breakthrough Energy Fund, chaired by Gates, is designed to jumpstart an entire new generation of entrepreneurs.

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E-Commerce

Amazon Prime Air Zips Through British Countryside

Amazon on Wednesday announced that it had completed its first drone delivery in the UK. During the private customer trial period, packages of up to 5 pounds will be delivered within half an hour. The first live delivery took place a week ago, when a highly automated drone delivered a bag of popcorn and an Amazon Fire TV to a customer near Cambridge. It took 13 minutes for the order to arrive.

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Tech Law

Facebook Investors Slam Zuckerberg, Andreessen

Facebook investors have accused director Marc Andreessen of secretly coaching CEO Mark Zuckerberg regarding a major sale of shares he held. The structure of the sale enabled Zuckerberg to refocus on philanthropic activities while maintaining lifetime control over the company. The suit alleges that Andreessen secretly tipped off the CEO about concerns raised by other members of Facebook’s board.

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