Techmeme
March 6, 2013, 1:05 AM

Top News

Fortune:
YouTube to launch music streaming service, take on Spotify  —  Exclusive: Google is planning to roll out a music streaming service to capitalize on the power of YouTube.  FORTUNE — YouTube, the world's largest digital repository of streaming media, will launch a subscription music service later this year.
Greg Sandoval / The Verge:
Billionaire Len Blavatnik part of group investing $60 million in Beats' music service  —  This is the kind of money that will help Beats' new music service keep pace with Spotify and Rdio  —  Billionaire mogul Len Blavatnik is part of a group that will invest $60 million in Daisy …
CNET:
The new $99 Roku 3: Overhauled interface, faster chip, and private listening mode (hands-on)  —  CNET Editors' Take  —  Roku is turning up the heat in the battle of the living room streaming boxes, announcing today its newest flagship model, the Roku 3 ($99).
Mark Hachman / ReadWrite:
Roku 3: There's A Great Video Search Engine In That Box  —  Roku debuted its next-generation streaming set-top box, the $99.99 Roku 3, on Tuesday night, complete with a faster processor, an updated interface, plus an innovative remote control that hides a headphone jack.
BBC:
Valve readies prototype Steam Box video game console  —  Gabe Newell is being given Bafta's highest accolade at the 2013 awards  —  Valve expects to offer prototypes of its upcoming video games console for testing within four months time.  —  The firm's chief executive Gabe Newell revealed …
Rene Ritchie / iMore:
iPhone 5S planned for August, next iPads may debut as soon as April  —  iMore has learned that Apple is planning the release of the iPhone 5S for this summer, currently for August.  Next generation iPads, presumably the iPad 5 and potentially the iPad mini 2, may also debut as soon as this April.
Reuters:
Venture capital kingpin Kleiner Perkins acknowledges weak results  —  (Reuters) - Blue-chip venture-capital firm Kleiner Perkins Caufield & Byers expressed frustration with poor fund performance and promised to do better at gatherings for investors last month, according to people familiar with the discussions.
More: GeekWire and bizjournals.  Thanks:@gerryshih
Cade Metz / Wired:
Return of the Borg: How Twitter Rebuilt Google's Secret Weapon  —  John Wilkes says that joining Google was like swallowing the red pill in The Matrix.  —  Four years ago, Wilkes knew Google only from the outside.  He was among the millions whose daily lives so deeply depend on things like Google Search and Gmail and Google Maps.
Tweets: @qthrul
Seth Fiegerman / Mashable!:
Jerry Yang's Next Act: Startup Investor and Mentor  —  Jerry Yang shares at least one thing in common with Marissa Mayer besides briefly holding the title of Yahoo CEO: Both Yang and Mayer are keeping a close eye on startups in the mobile space.  But while Mayer is searching for mobile startups …
Wall Street Journal:
Microsoft Offers Windows 8 Price Breaks to Spur Touch-Screen Laptops  —  Discounts on Windows 8 and Office Designed to Spur More Touch-Screen Laptops  —  Microsoft Corp. has recently been offering price breaks on its Windows 8 and Office software to help spur the development of small …
More: The Verge
Andy Fixmer / Bloomberg:
Pandora Gains Access to $14 Billion Radio Ad-Sales Market  —  Pandora Media Inc. (P), the music- streaming service, will compete directly with radio stations for the first time on the industry's biggest advertising services, gaining better access to the $14 billion annual ad-sales market.
Eric Engleman / Bloomberg:
Google Exception in Obama's Cyber Order Questioned as Unwise Gap  —  Telecommunications companies want President Barack Obama's administration to rethink a decision that may exempt Google Inc. (GOOG)'s Gmail, Apple Inc. (AAPL)'s iPhone software and Microsoft Corp.'s Windows from an executive order on cybersecurity.
More: The Verge.  Tweets: @dannysullivan
Sarah Frier / Bloomberg:
Tumblr to Introduce Mobile Advertising to Help Achieve Profit  —  Tumblr Inc., the six-year-old blog network that months ago began letting advertisers pay for prominent placement, expects to make its first annual profit this year after extending the feature to smartphones.
Danny Sullivan / Marketing Land:
Google Shares How Often The FBI Sends National Security Letters For User Information  —  How do you talk about requests for user information that legally, you can't talk about.  In the case of National Security Letters that Google receives from the US Federal Bureau Of Investigation …

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