Recode Daily - The biggest tech IPO of 2016 (so far) is expected later this month - Jul 05, 2016

[banner] [..] [..] [.] Line is a Japanese messaging app that investors used to be really hot on, but [slowing user growth] has cooled some of the hype. In its planned IPO later this month, the company is aiming to raise a bit over $1 billion, in what's expected to be the biggest tech IPO of 2016... so far. [[Alexander Martin | The Wall Street Journal]] [.] Microsoft wasn't the only suitor for LinkedIn; [Google, Facebook] and [Salesforce] were in the mix as well. We read through new SEC filings and put together a play-by-play of the acquisition, which could very easily have ended differently based on what the documents say. [[Mark Bergen | Recode]] [.] NBC (which is an investor in Recode proprietor Vox Media), is broadcasting the Olympic Games from Rio de Janeiro this summer, which sound like they could be a disaster between the Zika outbreak and widespread civil unrest. On the new Recode Decode, NBC Olympics chief Gary Zenkel told Kara Swisher that he's not concerned: "Welcome to the world." [[Eric Johnson | Recode]] [.] San Francisco's government is considering a new payroll tax that people are referring to as the "tech tax." While it looks like it probably won't be made into law, it's a sign of how much trouble San Francisco ([and other cities]) has accommodating its tech-induced cost-of-living explosion. [[Thomas Fuller | The New York Times]] [.] Last fall, Indian startups were [spending money hand over fist] to hire people. Investors are now backing away from the region, and many of those same companies are now cutting costs as quickly as they can. [[Simon Mundy | The Financial Times]] [..] Mobile [The Senate is ditching BlackBerry phones — and BlackBerry is trying to ditch phones] By Mark Bergen An era ends. Capital Gains [Zenefits cut its own valuation to keep the lawyers out of the equation, Airbnb swells to $30 billion] By Noah Kulwin J.P. Morgan is making a robotics play. Facebook [Israel’s public security minister blames Facebook after recent West Bank attacks] By Mark Bergen “The victims’ blood is partially on Facebook’s hands.” Mobile [It’s finally getting easier to use multiple languages simultaneously on Facebook, Google and Apple products] By Mark Bergen Begone, English only. [..] [Old people are finally joining Snapchat] [From the Wall Street Journal trend piece: "'I put a cat filter on my face,' said the 56-year-old freelance writer, referring to a Snapchat photo she recently sent to her daughter."] [facebook] [twitter] [YouTube] [Instagram] [News] [divider][Podcasts] [divider][Events] [img-3] You are receiving this email because you subscribed to Recode Daily. If you would like to unsubscribe, [click here]. Mailing Address: Vox Media, 1201 Connecticut Ave. NW, Washington, DC 20036 Copyright © 2016 Vox Media, Inc.