Techmeme: The royalty squeeze: Why Spotify booked a $59m net loss on $244m in revenue in 2011 (Robin Wauters/The Next Web)

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October 5, 2012, 7:20 PM

Top News

modaco.com:

EXCLUSIVE: More details on LG's forthcoming Nexus — More details are starting to appear about the forthcoming LG Nexus device! Some of which are, well, rather shocking. — Although it's still not known whether it will be the ONLY Nexus to get a release, various sources are starting to fill us in on the specs.

Roger Cheng / CNET:

Google, LG to unveil Nexus phone at the end of the month

More: Android and Me, Pocketnow, IntoMobile, Gotta Be Mobile, Gizmodo, SlashGear, Droid Life, BGR and 9to5Google

Élyse Betters / 9to5Mac:

Apple remembers Steve Jobs on anniversary of his passing — A message from Tim Cook, Apple's CEO Steve's passing one year ago today was a sad and difficult time for all of us. I hope that today everyone will reflect on his extraordinary life and the many ways he made the world a better place.

Robert Scoble / BBC:

Viewpoint: Steve Jobs is missed by Silicon Valley

More: Digits, TechCrunch, Examiner and GigaOM

Jacqui Cheng / Ars Technica:

The ghost of Jobs: Apple's challenge to decide “what would Steve do?”

More: CNET, Fortune, IntoMobile, Business Insider, TUAW, Mashable! and Digits

Dean Takahashi / VentureBeat:

Words With Friends co-creators leave Zynga — Well, this isn't going to help Zynga's stock price. — Paul and David Bettner, the creators of Zynga's enormously successful Words With Friends game and its subsequent Zynga With Friends titles, are leaving Zynga.

More: Business Insider, Inside Mobile Apps, The Verge, WebProNews, Mashable!, GamePolitics blogs, GamesIndustry International, Joystiq and Inside Social Games

Tiernan Ray / Tech Trader Daily:

ZYNGA Falls 11%, But Analysts Cheer Facebook's Ad Focus

More: TechCrunch, The Next Web, GeekWire, Benzinga and VentureBeat

Alex Wilhelm / The Next Web:

Conflagration: Zynga's OMGPOP acquisition torched nearly $500,000 a day

More: Seeking Alpha, VatorNews and GigaOM

Daniel Eran Dilger / AppleInsider:

Apple's new iOS 6 Maps support automatic offline use for a wide area — Vector maps in iOS 6 are so efficient that Apple can cache a very large surrounding area for offline browsing and GPS navigation under Airplane Mode or when traveling outside of data coverage. — Going offline with vector maps

More: App Advice, iPhone in Canada Blog, iDownloadBlog.com, TUAW, iPhone, iClarified and MacNN

AppleInsider:

Apple improving 3D Flyover visuals in iOS 6 Maps

More: The Verge, VentureBeat, Gizmodo, 9to5Mac, Business Insider, Mashable!, Pocketnow, MacRumors, BGR and DailyTech

Reuters:

Motorola wins German patent case against Microsoft — (Reuters) - Mobile phone maker Motorola achieved a rare victory against software giant Microsoft in a patent case before a German court on Friday, the latest in a wave of patent lawsuits by technology firms fighting over market share.

More: ITworld.com, Wall Street Journal, TechCrunch, FOSS Patents, SlashGear, Engadget, AllThingsD, DailyTech, PC Magazine, Android News, Rumours …, 9to5Google, IntoMobile, ZDNet, Inquirer, AndroidOS.in, CNET, PhoneArena, Ars Technica and VentureBeat

Todd Bishop / GeekWire:

Amazon buying Seattle HQ from Paul Allen for $1.16B — Amazon's HQ in the South Lake Union neighborhood. — This just in: Amazon.com is purchasing its existing Seattle headquarters campus in South Lake Union from Paul Allen's Vulcan Inc. for more than $1.1 billion, according to a regulatory filing just made public.

More: VentureBeat, The Next Web, Business Insider, The Seattle Times, Tech Trader Daily and Reuters. Tweets: @jonerlichman. Thanks:@johnhcook

Alex Sherman / Bloomberg:

Blockbuster Hits Rewind on Plan to Come Back as a Netflix Rival — Billionaire Charlie Ergen is giving up on his plan to turn the once-mighty Blockbuster LLC video- store chain into a Netflix (NFLX) Inc. competitor and gadget retailer. — When Ergen's Dish Network Corp. (DISH) …

More: PC Magazine, fierceonlinevideo.com, VentureBeat, Engadget, DSLreports, The Verge, SlashGear and Biz Beat Blog. See also Mediagazer

Joanna Stern / ABCNEWS:

MySpace CEO Interview: ‘There is No Point To Compete with Facebook and Twitter’ — Justin Timberlake unveiled the new MySpace last week with a tweet containing a link to a video preview of the new site. In addition to a very catchy song, the video revealed a beautiful website with a clean, Pinterest-esque design.

More: CNET, The Verge and The Next Web

Alexia Tsotsis / TechCrunch:

Twitter's Elizabeth Weil Joins Andreessen As Partner, Will Set Her Sights On Social — Andreessen Horowitz continues building its arsenal. Days after the announcement that the firm had invested $15 million in innovative hip hop annotations startup Rap Genius, we learn that it's hired Elizabeth Weil away from Twitter.

More: AllThingsD, The Next Web, Business Insider, AllThingsD and PandoDaily. Tweets: @elizabeth. Thanks:@alexia

LAPTOP Magazine:

Foxconn Workers Striking Over iPhone 5 Workload, Group Says — Three to four thousand workers on the iPhone 5 production line at Foxconn's Zhengzhou plant have gone on strike, according to a report from China Labor Watch. In a press release issued this afternoon, Li Qiang …

More: china labor watch, Gizmodo, Guardian, Los Angeles Times, BGR, 9to5Mac, Computerworld, Business Insider, Business Insider, CNET, iPhone in Canada Blog, TodaysiPhone.com, iClarified, MacRumors, Mashable!, WebProNews and Gizmodo. Thanks:@geekinchief

Peter Kafka / AllThingsD:

Why the Ad Tech Guys Are Going Nuts About Facebook Exchange, and Why That Matters — This summer, Facebook launched its own ad exchange. If you're in the ad tech world, that's a really big deal. — And the rest of you have probably never heard of it. That's in part because Facebook itself hasn't said much about it.

More: ECPM BLOG. Tweets: @triggit

Robin Wauters / The Next Web:

The royalty squeeze: Why Spotify booked a $59m net loss on $244m in revenue in 2011 — Subscription-based online music streaming and discovery giant Spotify is suffering mounting losses as it grows bigger and aggressively eyes new markets. — That's not necessarily news, nor should it be a surprise …

More: PandoDaily, Business Insider, PrivCo, The Industry, CNET and Mashable!. See also Mediagazer

Mike Isaac / AllThingsD:

High-Profile Facebook Comms VP Joe Lockhart Departs — Joe Lockhart, Vice President of global communications at Facebook, has left the company, AllThingsD has learned. — His departure comes nearly 15 months after he first joined the company in July of last year, where he worked alongside of Marne Levine …

More: PC Magazine, CNET, Politico and Tech Daily Dose

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