Mar 14, 2017

Hot in Silicon Valley: IPOs and SXSW's end

SXSW 2017 wraps up: As SXSW's Interactive leg wraps up, companies are showcasing their last few tech products, like Google's high-tech jacket in partnership with Levi's. But maybe it's good thing that the end is near—after all, everyone is busier checking their phones than doing anything else, as The Verge's Lauren Goode concludes.

Tech exit fever: Monday was saw a lot exit action from tech companies. After Intel announced its $15.3 billion acquisition of publicly-traded Mobileye to beef up its self-driving technology, Yext and Okta filed to go public. While this is a good sign for the tech IPO market, as Cisco's last minute acquisition of AppDynamic showed, anything is possible.

Another Google messaging app: The company's internal incubator, Area 120, has built an app for watching and sharing videos with friends called Uptime. But it wasn't long before some took to Twitter to point out that Google already has several messaging apps, so Uptime's purpose is unclear.

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