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Mobile Minutes: Venmo underground; Intel acquires Mobileye; Bitcoin miners revolt; Miscue challenges Amazon

mobile minutes 3/13

Venmo: The secret, hip social network you've never heard of
The PayPal-owned app has unexpectedly created a social culture, and many of the thorny problems that come with one.
Read more at CNET

Intel's $15 billion purchase of Mobileye rewrites driverless landscape
Intel Corp (INTC.O) agreed to buy Israeli self-driving technology firm Mobileye (MBLY.N) for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp (NVDA.O) and Qualcomm Inc (QCOM.O) to develop driverless systems and components for global automakers.
Read more at Reuters

Bitcoin miners signal revolt amid sluggish blockchain
You may not know it by looking at bitcoin’s recent price surge, but the infrastructure underpinning the world’s most popular virtual currency is teetering.
Read more at Bloomberg

Miscue calls attention to Amazon’s dominance in cloud computing
SEATTLE — There have been many opportunities to consider how crucial Amazon has become to the smooth operation of the internet over the past few years.
Read more at New York Times

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