On Topic: Tech news to know now

Here’s what’s on the menu for Friday…
More from Lending Club…The troubled San Francisco online loan marketplace is said to be getting help from Citigroup. The two are talking about Citigroup buying some of Lending Club’s loans, or providing other financing. Lending Club’s shares were up almost 12 percent following the report.
Gawker’s Nick Denton isn’t backing down from Peter Thiel, and posted a long “open letter” to the angry billionaire last night…And if anyone wants to do something more on this, it will get some attention.
Uber is said to be quietly putting an end to surge pricing.
Facebook’s expanding its Audience Network to help advertisers show ads to people who aren’t on Facebook.
And speaking of Facebook…The company is remaining mum about board member Peter Thiel and his battle against Gawker.
Snapchat’s valuation reaches around $20 billion after it raised $1.8 billion from private investors, according to an SEC filing.
Intel bought a company called Itseez, which does technology to help cars “see” obstacles and avoid collisions.
Cloud communications platform developer Twillo, of San Francisco, filed to go public this week. The company could raise as much as $100 million in its IPO.
Palo Alto Networks shares were a big loser Friday, falling more than 12 percent, following a disappointing earnings outlook.
Photo: Lending Club’s logo appears above the post where it trades on the floor of the New York Stock Exchange. (AP Photo/Richard Drew)
 

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