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Latest Technology News


George Slefo / Ad Age:
IAB: digital ad revenue grew 22% YoY to $72.5B in 2016, surpassing TV for the first time; idea that Google/Facebook ‘duopoly’ is driving ad growth is incorrect  —  Digital advertising saw $72.5 billion revenue in 2016, a 22% upswing from the previous year.


Jordan Novet / VentureBeat:
Dropbox is shutting down Hackpad, the collaborative note and wiki service it acquired in 2014, on July 19, and will move its users' files to Paper  —  Cloud file syncing and sharing service Dropbox announced on April 20 that it will shut down Hackpad, a collaboration-friendly application …


Cecilia Kang / New York Times:
FCC chairman Ajit Pai announces plan to roll back Obama-era net neutrality regulations, says the full text of the proposal will be published tomorrow afternoon  —  WASHINGTON — The chairman of the Federal Communications Commission on Wednesday outlined a sweeping plan to loosen …


Lulu Yilun Chen / Bloomberg:
Sources: Didi said to be near a deal to raise at least $5B in funding at a valuation of ~$50B, up from a valuation of $34B from August 2016  —  Ride-hailing app would become most valuable China startup  —  Didi said to raise funds for automated driving expansion


Paul Sawers / VentureBeat:
Google updates its iOS and Android apps with Save Your Parking feature  —  First introduced to a beta version of the app last month, the new feature for forgetful people mixes GPS with manual data entry to ensure you arrive at the exact spot where you left your vehicle.