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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Bernie Sanders wins Nevada caucus

Democratic presidential candidate Sen. Bernie Sanders waves to supporters at a campaign rally on Friday in Las Vegas. Photo: Mario Tama/Getty Images

Sen. Bernie Sanders is projected to handily win the Nevada Democratic primary caucus, becoming the clear frontrunner among 2020 Democratic presidential primary election candidates.

Why it matters: Nevada is the first state with a diverse population to hold a nominating contest, highlighting candidates' abilities to connect with voters of color — particularly Latino voters.

Go deeperArrowUpdated 1 hour ago - Politics & Policy

South Korea and Italy see spikes in coronavirus cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus has spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting these are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the United States.

The big picture: COVID-19 has now killed at least 2,362 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel and Lebanon, while Iran reported its sixth death from the virus. South Korea's confirmed cases jumped from 204 Friday to 433 on Saturday and Italy's case count rose from 3 to 62 by Saturday.

Go deeperArrowUpdated 5 hours ago - Health

America's rundown roads add to farmers' struggles

Illustration: Sarah Grillo/Axios

American farmers are struggling to safely use the roads that cut through their fields; decades of neglect and lack of funding have made the routes dangerous.

The big picture: President Trump has long promised to invest billions in rural infrastructure, and his latest proposal would allocate $1 trillion for such projects. Rural America, where many of Trump's supporters live, would see a large chunk of that money.