K.K.R. to Buy Internet Brands for $1.1 Billion

The private equity firm Kohlberg Kravis Roberts has agreed to buy Internet Brands, which operates a portfolio of websites and software, in a bet that it can help the company expand its services. The deal, which Internet Brands is expected to announce later on Tuesday, is worth $1.1 billion, according to two people briefed on the matter who were not authorized to speak publicly.

http://nyti.ms/1o3jboN

Photos: New Yorkers Bow Before Mighty Manhattanhenge

The first night of Manhattanhenge was a total cloudy bust on Thursday, sending countless NYers-and Sarah Jessica Parker-into a vortex of emotions and knowing looks. But just like when Mr. Big followed Carrie to Paris, Manhattanhenge came through for us all last night with a completely clear blast of crepuscular light beams. It was enough to renew your faith in the power of people holding up their cameras in the middle of the traffic.

http://gothamist.com/2014/05/31/photos_new_yorkers_bow_before_might.php

Uber's remarkable growth could end the era of poorly paid cab drivers

Every day millions of Americans hop in their cars to get to work. But in light of the wages UberX drivers are making, the average American could probably make more money by staying in his or her car all day, and driving for the popular ride service.

http://m.washingtonpost.com/blogs/innovations/wp/2014/05/27/ubers-remarkable-growth-could-end-the-era-of-poorly-paid-cab-drivers/

How TheFamily Is Reshaping The French Tech Ecosystem

French startup accelerator TheFamily is raising up to $2.7 million (€2 million) from angel investors and Index Ventures. It's an open round - so far investors have committed $1.4 million (€1 million). Given the overall interest around the funding, the company should quickly max out its round.

http://techcrunch.com/2014/05/21/how-thefamily-is-reshaping-the-french-tech-ecosystem/?ncid=twittersocialshare