Learfield, controlled by Comcast-backed $4B Atairos firm, buys Comcast ticketing business (Philly.com)

Post IPO, What Does Altice USA Acquire Next? (Light Reading)
Perhaps buy Comcast's Connecticut subs.

Weekend Highlights: Why Amazon could push more pharmacies into offering lab tests; Law keeps PA from collecting sales tax from many online retailers

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Why Amazon could push more pharmacies into offering lab tests (MarketWatch)

AS UBER FLAILS, ITS SELF-DRIVING TECH ROLLS ON
(Wired)

Law keeps Pennsylvania from collecting sales tax from many online retailers (Morning Call)

​Oracle re-spins legacy software into cloud growth game (ZDNet)

6/22: Foxconn talking big US plant again; Altice USA's big IPO

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Foxconn Dangles $10 Billion Tech Investment to Create U.S. Jobs (Bloomberg)

PA less prominently mentioned than previously, but who knows what Foxconn will do?

Altice USA Rises in Debut After Second-Biggest 2017 U.S. IPO (Bloomberg)

Cable giants in talks for yet another high profile merger (NY Post)

Would Comcast have interest?

Maybe this will spur SAP? (Enterprise Irregulars)

Blue Apron IPO next week, ~$3B valuation. @firstround has 10.5% ownership, invested out of $135M fund. 2x+ on the fund potentially

— Shai (@shaig) June 22, 2017

First Round Capital among investors that sought Kalanick's ouster

Tom Paine



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Uber CEO Travis Kalanick resigned today, after receiving a letter from five leading Uber investors requesting (demanding) it.

One of those investors was First Round Capital, an early seed investor that was involved with Uber from almost its beginning. First Round Capital had not previously publicly criticized Uber, as far I can determine.

Garret Camp / Wikipedia

The concept of Uber was first presented to First Round by founder and Chairman Garrett Camp, who First Round's Josh Kopelman had helped fund at StumbleUpon. First Round co-led a $1.25M Angel round in Uber in 2010.



First Round's stake in Uber is likely worth billions.

Don't count out Kalanick making a return at some point. He retains a board seat and a substantial stake.

A court filing made public Wednesday revealed that Kalanick knew of files Anthony Levandowski had taken from Google, though he told him not to bring those with him to Uber.

Uber CEO Travis Kalanick Quits Under Pressure From Investors (Bloomberg)

Oracle shares jump as much as 9 percent after earnings top estimates (CNBC)

Philly investor LLR buys Malvern anti-theft firm 3SI (Philly.com)


Watch Out for Comcast in Network Virtualization, Says TBR (SDX CENTRAL)

To PhillyTechNews Readers & Followers

I've been sick for much of the last two months, which is why I haven't been able to follow up on some things.

I am recovering and slowly getting back to work.

Thanks.

Comcast's Roberts on Going From Cable Installer to CEO (Bloomberg Video)

Amazon to buy Whole Foods for $13.7 billion in bid to become major grocer (Seattle Times)

RFID tag maker Impinj soars on Wall Street as Amazon’s $13.7B deal to buy Whole Foods opens new opportunities for technology in retail (GeekWire)

Blue Apron Has a Good Product. Beware of the Stock. (NY Times)
First Round Capital owns 10.5% of Blue Apron.

Ring modernized the doorbell, then its inventor, Jamie Siminoff, went to war against crime (LA Times)


Cable giant Charter snubbed a buyout bid from Verizon (NY Post)


Comcast stock value surges near $200B, speeds past Verizon (Philly.com)


Power grid head Audrey Zibelman: the good news about sustainable energy (Sidney Morning Herald)

The long, winding road for driverless cars (The Economist)
Reporter has the story straight, I think.

With Gianforte's win, two of Montana's three congressional reps have ties to Oracl's win, two of Montana's three congressional reps have ties to Oracle (CNBC)