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Techmeme
July 2, 2014, 1:10 PM
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R. Jai Krishna / Wall Street Journal:
Facebook's Sheryl Sandberg apologizes for poorly communicating controversial News Feed study: “We never meant to upset you”  —  Sandberg: Facebook Study Was ‘Poorly Communicated’  —  Facebook 's psychological experiment on nearly 700,000 unwitting users was communicated “poorly …
Jillian Ward / Bloomberg:
Facebook's News Feed Experiment Probed by U.K. Regulators
Cyrus Farivar / Ars Technica:
Investor Tim Draper wins auction for 29,655 bitcoins seized from Silk Road, partners with Vaurum to leverage the pool as a liquidity source in emerging markets  —  Famed investor Tim Draper wins auction of Silk Road's 29,655 bitcoins  —  Draper to partner with Vaurum, which offers “secure storage solutions” to banks.
Cindy Cohn / Electronic Frontier Foundation:
Flawed Oversight Board Report Endorses General Warrants  —  The Privacy and Civil Liberties Oversight Board (PCLOB) issued a legally flawed and factually incomplete report late Tuesday that endorses Section 702 surveillance.  Hiding behind the “complexity” of the technology …
Ben Sisario / New York Times:
Source: Google paid more than $39M for Songza  —  Google Buys Songza, a Playlist Service for Any Occasion  —  In a sign of growing consolidation in the digital music business, Google announced on Tuesday that it had bought Songza, a three-year-old app that competes with Pandora and others …
Jordan Crook / TechCrunch:
Google acquires music streaming service Songza for undisclosed amount, will keep product intact for now
Mariella Moon / Engadget:
Chumby's smart alarm clock relaunches with 1,000 apps  —  Remember Chumby?  You probably haven't heard much about the snuggly tiny computer/smart alarm clock since its makers' company disbanded, but now it's back from its semi-retired state.  Its current owner, Blue Octy LLC …
Dan Primack / Fortune:
Kleiner Perkins Caufield & Byers raises $1.2B: $450M for flagship early-stage fund, $750M for digital growth fund  —  Exclusive: Kleiner Perkins raises $1.2 billion  —  Kleiner Perkins has no trouble raising a pair of new venture capital funds.  Venerable venture capital firm Kleiner …
Romain Dillet / TechCrunch:
BlaBlaCar Raises A Massive $100 Million Round To Create A Global Long Distance Ride-Sharing Network  —  In what is the largest VC round in a French startup of all time, BlaBlaCar just raised a $100 million round led by Index Ventures, with existing investors Accel Partners, ISAI and Lead Edge Capital also participating in the round.
Kaylene Hong / The Next Web:
Facebook's new type of ad in India lets users place a ‘missed call’ for more information  —  Facebook faces several challenges in emerging markets.  The company has to find ways for people to access its platform by maneuvering around limitations which include a widespread use of feature phones …
Ian Austen / New York Times:
Canadian antispam law goes into effect, resulting in a flurry of ‘please opt in’ emails  —  Canadian Antispam Law Whips Up a Storm of Last-Minute Messages  —  OTTAWA — The email has all the markings of malicious spam: an overwrought subject line screaming “Urgent Action Required …
Soma Somasegar / MSDN Blogs:
Microsoft acquires SyntaxTree, creator of UnityVS plugin for Visual Studio  —  Game developers build the apps that hundreds of millions of users play every day across a wide variety of devices, from Xbox and Windows to iOS, Android and the Web.  Games are the most popular application type …
More: ZDNet and Develop Feed
Bloomberg:
Shutterfly Said to Hire Qatalyst to Seek Buyers for Site  —  Shutterfly Inc. (SFLY), which turns digital photos into printed albums, is working with boutique investment bank Qatalyst Partners to find buyers for the company, according to people familiar with the matter.
Nicholas Stango / Gizmodo:
Inside the Secret Building That's Bringing Cell Service To NYC's Subway  —  As Hurricane Sandy revealed almost two years ago, New York's 100-year-old subway is not a modern and robust system.  In fact, compared to other cities, it's downright dirty, unpredictable and technologically behind.
More: ANIMAL
Mike Masnick / Techdirt:
Austrian Tor Exit Node Operator Found Guilty As An Accomplice Because Someone Used His Node To Commit A crime  —  Three years ago we wrote about how Austrian police had seized computers from someone running a Tor exit node.  This kind of thing happens from time to time …

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From Mediagazer

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Reuters:
Palestinian sources say an Israeli airstrike killed five journalists from Al-Quds Today; the Israeli military called the five “operatives posing as journalists”

Inside Radio:
iHeart reduces its total debt by over $440M and extends most of its debt maturities by three years, by using debt exchange transactions

More News

Earlier Picks

Kevin C. Tofel / Gigaom:
Lumia 635 with LTE comes to US through T-Mobile, Metro PCS for as little as $99
Amy Schatz / Re/code:
FTC says T-Mobile made hundreds of millions on crammed text message charges; T-Mobile says accusations are “unfounded and without merit”
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