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July 30, 2014, 5:40 PM
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| Bloomberg: |
Snapchat Said in Funding Talks With Alibaba at $10 Billion — Snapchat Inc., the company that makes a mobile application for disappearing photo messages, is in talks with investors including Alibaba Group Holding Ltd. (BABA) for a round of financing that may value the company at $10 billion, people with knowledge of the situation said.
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Quartz, Los Angeles Times, New York Times, Businessweek, CNNMoney.com, Gigaom, Business Insider, Re/code, Bloomberg, Wall Street Journal, USA Today, VentureBeat, Valleywag, Guardian, TechCrunch, Engadget and Mashable
Tweets: @monkbent, @stevecheney, @nichcarlson and @bloombergtv
| Walt Mossberg / Re/code: |
Exclusive Interview: Best Buy CEO Says Tablet Sales Are “Crashing,” Hope for PCs — Re/code has landed in Minneapolis to talk to the folks at Best Buy — the last standing nationwide big-box, bricks-and-mortar consumer electronics retailer, with over 1,000 main stores and hundreds of smaller mobile device stores.
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Digital Trends, SlashGear, PC World, Electronista, Good E-Reader, TechSpot, TechnoBuffalo and BGR
| Mark Gurman / 9to5Mac: |
Heads rolling at Beats as Apple eliminating redundant positions, Ian Rogers & Trent Reznor to stay on — As Apple's acquisition of Beats Electronics and Beats Music nears completion this financial quarter, the Cupertino and Santa Monica, California-based companies have begun work … | Maria Kiselyova / Reuters: |
Russia wants access to Apple and SAP source code to see if their products are used for spying — Russia wants Apple, SAP to cooperate against foreign spying — * Apple, SAP guard their source code closely — * Russian, Western relations strained over Ukraine
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Engadget, VentureBeat, AppleInsider, The Moscow Times, DailyTech, Cult of Mac, iLounge, Patently Apple, ITAR-TASS, Electronista, 9to5Mac, iMore and App Advice
| Ryan Knutson / Wall Street Journal: |
Virgin Mobile intros customizable prepaid smartphone plans with options for unlimited data on certain services like Facebook, Twitter, Instagram, and Pinterest — Sprint Will Sell a $12 Wireless Plan that Only Connects to Facebook or Twitter — For about $12, Sprint will soon let subscribers buy … | Frederic Lardinois / TechCrunch: |
Hangouts Now Works Without Google+ Account, Becomes Part Of Google Apps For Business And Gets SLA — Say what you want about Google+, but it incubated two great products at Google: Hangouts for video meetings and Google+ Photos. While Photos is still deeply integrated with the social network …
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Google Enterprise Blog, PC Magazine, Computerworld, The Register, CNET, Gigaom, CITEworld, 9to5Google, Re/code, PC World and Gizmodo
| Alex Wilhelm / TechCrunch: |
Yelp Swings To Profitability In Strong Q2 With $88.8M In Revenue, EPS Of $0.04 — Today after the bell Yelp reported its second-quarter financial performance, including revenue of $88.79 million, and a profit of $0.04 per share. The company had net income of $2.7 million in the period, up from a $878,000 loss in the year-ago quarter.
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Yelp, Re/code, Tech Trader Daily, Fortune, TheStreet.com, WebProNews and 24/7 Wall St.
| Eric Jackson / Forbes: |
After several costly errors by CEO Marissa Mayer, Yahoo could use another activist investor — How Do You Solve A Problem Like Marissa? — [Disclosure: Author was long YHOO at time of writing.] — There's been a sharp response to the post I wrote last Wednesday in Forbes outlining … | Michael Carney / PandoDaily: |
EXCLUSIVE: Payments giant First Data acquires Gyft in an effort to bring digital gift cards to the masses — Gyft, a Redwood City-based virtual gift card provider has agreed to an acquisition by payment giant First Data, Pando has learned. The terms of the transaction were undisclosed …
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Gyft, LOCAL ONLINER, ventureburn, NEWSBTC, TechCrunch, Gigaom and internetretailer.com. Tweets: @arrington
| Derrick Harris / Gigaom: |
Twitter acquires deep learning startup Madbits — Twitter has acquired Madbits, a deep-learning-based computer vision startup founded by proteges of Facebook AI director Yann LeCun. It's the latest in a spate of deep learning and computer vision acquisitions that also includes Google, Yahoo, Dropbox and Pinterest.
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Madbits, ZDNet, ReadWrite, Wired, Wall Street Journal, TechnoBuffalo, VentureBeat, AllTwitter, CNET, CIO.com, Marketing Land, Beyond Search, Re/code, Guardian, WebProNews and memeburn
| Eduard Kovacs / SecurityWeek: |
Tor Warns of Attack Attempting to Deanonymize Users — The Tor Project has disclosed details of an attack which appeared to be an attempt to deanonymize users of the popular anonymity network. — According to Tor Project Leader Roger Dingledine, the attack was detected on July 4 …
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The Tor Blog blogs, Gizmodo, Wall Street Journal, BBC, Ars Technica, ZDNet, lists.torproject.org …, Deep Dot Web, Gigaom and Softpedia News. Tweets: @csoghoian. Thanks:@wiredmike
| Mike Futter / Game Informer: |
Sony: EA Access Doesn't ‘Represent Good Value To The PlayStation Gamer’ — Following EA's announcement of the company's new subscription program, Access, we were curious about it being tied only to Xbox One. We reached out to Sony for clarification, and it seems like PlayStation 4 owners shouldn't hold their breath for the program.| Ryan Lawler / TechCrunch: |
Andrew Mason's Audio Tour App Detour Steers You Away From The Typical Tourist Traps — I'm about 20 minutes late when I meet Andrew Mason at the famous Boudin Bakery in San Francisco's Fisherman's Wharf district. It's a tourist trap, but it's where Mason wants to meet and who am I to complain?
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VentureBeat, The Verge, Businessweek, Re/code and WebProNews. Tweets: @producthunt. Thanks:@anthonyha
| Kara Swisher / Re/code: |
Interim No More: Rob Glaser Named Permanent CEO of RealNetworks — Rob Glaser, who founded RealNetworks in 1994 and served as its CEO until 2010, has been named permanent CEO of the Seattle-based digital media company. He has been interim CEO for the last two years, trying to turn around RealNetworks …
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GeekWire
| Zac Hall / 9to5Mac: |
Apple TV overhaul not expected to debut until 2015 — A new report from The Information published today discussing the next generation of Apple TV says the new set-top box won't be ready for prime time until at least 2015. This expectancy timeline aligns with previous 9to5Mac reporting on the Apple TV development progress.
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The Information, AppleInsider, Engadget, The Verge, MacRumors and TechnoBuffalo. Tweets: @parislemon. See also Mediagazer
| Jon Fingas / Engadget: |
FreedomPop's free data and voice are now available on tablets — Many people can't really justify buying a cellular-equipped tablet — why pay for more data when your phone probably does the trick? FreedomPop is undoubtedly aware of that thriftiness, as it just started offering its namesake free service on tablets.
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9to5Mac, Gigaom, Gizmodo, VentureBeat, CNET, Android Police, Re/code, 9to5Google, App Advice, Gotta Be Mobile, The Next Web, TWICE, Cult of Mac, iDownloadBlog.com and TechHive
| Marcus Wohlsen / Wired: |
Square prepares new reader with support for forthcoming cards with embedded computer chips — Square Bets Big on Next-Gen Credit Card Tech — Square first came to fame with a credit card reader you could plug into your iPhone jack. But next year, the company's signature device …
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Square, The Verge, New York Times, iMore, TechCrunch, Forbes, Gizmodo, 9to5Mac and The Next Web. Thanks:@emilydreyfuss
| Joe Belfiore / Windows Phone Blog: |
Windows Phone 8.1 Update expands Cortana to new countries, adds “Live” folders on start screen, and more — Windows Phone 8.1 Update brings Cortana to new markets + new features — Back in April, you heard me talk about how we believe Windows Phone 8.1 is the world's …
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Search Engine Land, LiveSide.net, DailyTech, Softpedia News, ZDNet, The Verge, SlashGear, InfoWorld, Re/code, The Official Microsoft Blog, TechnoBuffalo, Ubergizmo, PC World, Neowin, Electronista, Inquirer, VentureBeat, Geek.com, Gigaom, Pocketnow, Gotta Be Mobile, Digital Trends, Phones Review, WMPoweruser, Ars Technica, WinBeta, BetaNews, CIO.com, ZDNet and Engadget. Thanks:@brandonleblanc
| Janko Roettgers / Gigaom: |
BitTorrent starts testing Bleep, its new P2P messaging platform — BitTorrent's new P2P chat app is dubbed Beep, and Windows users can now line up to become part of an invite-only test. — BitTorrent is slowly starting to take the wraps off its upcoming P2P chat initiative … | Sam Byford / The Verge: |
‘Mario Kart 8’ fails to stem growing Nintendo losses — 2.82 million copies sold, but most to existing Wii U owners — Nintendo made an operating loss of ¥9.47 billion ($92.7 million) in its first quarter of 2014, with the launch of Mario Kart 8 sparking a bump in Wii U hardware sales …
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CNET, BGR, Engadget, GeekWire, Fortune, Bloomberg, Forbes, BBC, Ars Technica, TechCrunch, Geek.com, Metro.co.uk, IGN, Softpedia News, Polygon and Wall Street Journal. Tweets: @emi1yrogers
| Catherine Shu / TechCrunch: |
Amazon To Invest $2B In Its India Marketplace As Competition With Flipkart Intensifies — Just one day after Flipkart disclosed that it had raised as massive $1 billion round, Amazon has upped the ante by announcing that it will invest $2 billion in its Indian marketplace, which it launched about a year ago.| Jay Yarow / Business Insider: |
Q&A with Twitter CEO Dick Costolo: Why Twitter Was Able To Blow Away Expectations This Quarter — Twitter delivered its first boffo earnings report as a public company for the second quarter. — It crushed expectations on revenue, EPS, and most importantly, monthly active users.| Brad Smith / Wall Street Journal: |
Microsoft's general counsel on how the government wants the right to access emails stored abroad — We're Fighting the Feds Over Your Email — Governments want the right to see email stored anywhere in the world. Microsoft says not so fast. — On Thursday Microsoft will oppose …
| Biz Carson / Gigaom: |
BitPay cuts transaction fees on starter plan, making bitcoin payment processing free (and unlimited) for merchants — The Atlanta-based payment processor plans to announce today that it's dropped the 1 percent transaction fee on all starter plans. — The financial barrier to bitcoin processing just got obliterated.
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The BitPay Blog, bizjournals, CoinDesk, Finextra Research news and NEWSBTC
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