Techmeme
August 20, 2012, 8:55 AM

Top News

Dean Takahashi / VentureBeat:
Cloud-gaming service OnLive reveals details behind its asset sale and new investor  —  After a wave of criticism about how it treated its employees, cloud-gaming service OnLive revealed details behind the sale of its assets to a newly formed company.  —  The new company will continue …
Ingrid Lunden / TechCrunch:
HTC, $40M Down From OnLive, Puts $35.4M Into Magnet Systems For Enterprise Apps  —  HTC, the troubled Taiwanese handset maker, today dealt its investors a one-two punch.  The company will take a $40 million hit from its investment in the cloud-based gaming startup OnLive …
Andrew Wallenstein / Variety:
Hulu CEO faces big changes  —  Jason Kilar set for mega payday; owners to alter content deals  —  “Outline transition plan for new CEO.  Discuss potential candidates and process.”  —  These sentences are the topmost bullet points of a confidential internal memo regarding the business of Hulu obtained by Variety.
Alexia Tsotsis / TechCrunch:
One Month After Selling To Microsoft For $1.2B, Yammer CEO Predicts End Of Silicon Valley  —  There is a pretty fascinating debate happening right now on David Sacks' Facebook page.  Exactly one month after the Yammer sale to Microsoft closed, Sacks is feeling pretty bearish about the startup ecosystem.
More: BetabeatTweets: @mbaratz
Surur / WMPoweruser:
StatCounter data shows Windows Phone overtaking Blackberry in US by November 2012  —  More by virtue of Blackberry's plummeting market share than amazing Windows Phone growth, it seems the installed base of Windows Phone is set to overtake that of Blackberry in US by the end of November 2012 (around week 47).
Nick Bilton / NYT Bits:
Disruptions: The Next Wave for the Wristwatch  —  Cellphones have already muscled onto watches' turf as a time-telling tool.  Now, some of the biggest technology companies are eyeing your wrist, too.  —  Companies like Apple, Nike and Sony, along with dozens of start-ups, hope to strap a device on your wrist.
Tweets: @billg
Matthew Green / A Few Thoughts …:
Dear Apple: Please set iMessage free  —  Normally I avoid complaining about Apple because (a) there are plenty of other people carrying that flag, and (b) I honestly like Apple and own numerous lovely iProducts.  I'm even using one to write this post.  —  Moroever, from a security point of view …
Matthew Wong / Venture Capital Dispatch:
VCs and Start-Ups Pin Their Hopes on Pinterest  —  When Twitter last month announced a ticker symbol feature to enable searches for stocks and companies using the dollar sign, StockTwits Chief Executive Howard Lindzon quickly blogged a frustrated response, calling the adoption of so-called cashtags a …
Thanks:@saokar
Amy Feldman / Reuters:
Crowdfunded businesses may owe taxes, too  —  (Reuters) - When Julie Uhrman, chief executive of gaming start-up Ouya Inc, went looking for funding to launch a new video gaming console, she turned to crowdfunding site Kickstarter Inc.  —  The goal: $950,000.
Tweets: @glennf

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