TOP OF MIND

Independence day for eBay. Monday marks the marketplace’s first official day of operations without PayPal, but the routine will look much the same as the past few months. Under new CEO Devin Wenig, product managers and engineers can expect more hands-on ownership of the “deliciously complex” business. That includes deciding what to ditch. “We don’t want to do and sell everything,” he told Fortune. “That’s not the winning hand.”

TRENDING

Microsoft’s latest acquisition? Several news reports suggest that the company intends to pay $320 million for Adallom, which sells software for securing cloud-delivered applications such as Salesforce.com, ServiceNow and Microsoft’s own productivity suite. Adallom’s customers include LinkedIn and Netflix.

Yahoo closer to spinning off $32 billion Alibaba stake. The shares will be moved to Aabaco Holdings and then distributed to shareholders, if the IRS approves.

In less than 24 hours, Jet.com will go online, hoping to undercut Amazon.com through steep discounting practices. Its model is already generating big losses, but another funding infusion could be in the offing, reports The Wall Street Journal.

Massachusetts is scrutinizing Uber and Lyft over disabilities policies, reports Reuters. Uber faces a California lawsuit for failing to transport guide dogs.

Toshiba plans briefing about accounting scandal. An independent committee is scheduled to deliver its report Monday night. The company is bracing for significant writedowns and a big management overhaul, reports Reuters.

Facebook on the Apple Watch? Don’t hold your breath. It’s among the high-profile app developers taking a wait-and-see approach, reports The New York Times. There’s still a pretty impressive catalog. Plus, how many Watches are on wrists? The average estimate for sales last quarter: 4.1 million-ish.

Looks like extortion was the aim of this cyberattack. Hackers stole more than 37 million data records from online adultery site Ashley Madison. They’re threatening exposure if the parent company doesn’t shut it down.

THE DOWNLOAD

Drones draw praise, criticism

The first official commercial delivery via unmanned aerial vehicle went into the history books last Friday, bringing medical supplies to a rural Virginia hospital. A new breed of “drone brokers” is preparing for takeoff as more corporate and agricultural trials get off the ground. But there’s a dark side to all this activity: nosy drones interfered with fire-fighting aircraft in California over the weekend.

ALSO WORTH SHARING

Hey big spender. Cloud software company Apptio, which helps businesses analyze technology spending, is preparing for its IPO, reports WSJ.

Big fine for 911 snafu. Wireless carrier T-Mobile will pay a record $17.5 million to settle the FCC investigation into its three-hour outage last summer.

Is it a touch tablet or a laptop computer? The new ASUS Chromebook Flip isn’t the first two-in-one combo, but it’s one of the only ones to eschew Windows.

Many Americans want to put the brakes on self-driving cars.

Google sued over gift card policy. Technically, it’s supposed to provide cash refunds if a balance falls below $10.

Apple isn’t happy with the $95 million loan agreement negotiated by its bankrupt former sapphire crystal supplier.

MY FORTUNE BOOKMARKS

Hyundai Heavy Industries and Accenture want to build connected ships by Stacey Higginbotham by Stacey Higginbotham

Home cleaning startup Homejoy bites the dust—literally by Kia Kokalitcheva

Apple, Samsung are in talks to kill the SIM card by Benjamin Snyder

Dell is closely studying the EMC playbook by Dan Primack

Tesla reveals new Model S options including “Ludicrous mode” by Katie Fehrenbacher

ONE MORE THING

San Francisco or bust. If you see this hitchhiking robot heading cross-country, feel free to give it a ride.

MARK YOUR CALENDAR

LinuxCon North America: All about open source. (Aug. 17 - 19; Seattle)

SuccessConnect: Simplify the way the world works. (Aug. 10 - 12; Las Vegas)

VMworld: The virtualization ecosystem. (Aug. 30 – Sept. 3, 2015; San Francisco)

Gartner Customer 360 Summit: Strategies for digital engagement. (Sept. 9 - 11; San Diego)

Dreamforce: The Salesforce community. (Sept. 15 - 18; San Francisco)

.conf2015: Splunk's "get your data on" gathering. (Sept. 21 - 24; Las Vegas)

Cassandra Summit: Largest gathering of Cassandra database developers. (Sept. 22 - 24; San Francisco)

AppSec USA 2015: Application security principles. (Sept. 22 - 25; San Francisco)

BoxWorks 2015: Cloud collaboration solutions. (Sept. 28 - 30; San Francisco)

Workday Rising: Meet and share. (Sept. 28 - Oct. 1; Las Vegas)

HP Engage: Big data, big engagement. (Oct. 4 - 6; San Diego)

Gartner Symposium ITxpo: CIOs and senior IT executives. (Oct. 4 - 8; Orlando, Florida)

I Love APIs 2015: Apigee's annual conference. (Oct. 12 - 14; San Jose, California)

Grace Hopper Celebration of Women in Computing: World's largest gather of women technologists. (Oct. 14 - 16; Houston)

DevOps Enterprise Summit: Lean principles meet technology management. (Oct. 19 - 21; San Francisco)

CX San Francisco: Forrester's forum for customer experience professionals. (Oct. 22 - 23)

Oracle OpenWorld: Customer and partner conference. (Oct. 25 - 29; San Francisco)

TBM Conference 2015: Manage IT like a business. (Oct. 26 - 29; Chicago)

eBusiness Chicago: eBusiness and channel strategy. (Oct. 29 - 30)

QuickBooks Connect: SMBs, entrepreneurs, accountants and developers. (Nov. 2 - 4; San Jose, California)

CMO+CIO: Forrester's summit on strategy collaboration. (Nov. 2 - 4; Sarasota, Florida)

Oktane15: Identity management trends. (Nov. 2 - 4; Las Vegas)