Techmeme
May 29, 2013, 1:45 AM

Top News

Ina Fried / AllThingsD:
Apple Has More Game-Changing Tech in the Works, Says CEO Tim Cook  —  Last year, Apple CEO Tim Cook spent a lot of time answering questions about how Apple would be different from what it was under Steve Jobs, and just how he would continue Jobs's incredible legacy.
Mike Isaac / AllThingsD:
Apple's Tim Cook Has a “Grand Vision” for Television — And Still Won't Talk About It  —  No surprises here — at our 11th D: All Things Digital technology conference, Apple CEO Tim Cook is still staying mum on the company's plans for a proper TV set.  —  However!
T.C. Sottek / The Verge:
Tim Cook teases ‘profound’ opportunity in wearable technology, but says Google Glass won't have broad appeal  —  Onstage at the D11 conference in California, Tim Cook responded to a question about Google Glass, noting that wearables are a profound type of technology — and that Apple may be working on its own wearable technology.
Bryan Bishop / The Verge:
Apple CEO hints that iOS could open up to more third-party customization  —  During the D11 conference this evening, Apple CEO Tim Cook was pressed on the fact that Apple's software is more closed in comparison to other platforms such as Android, and admitted that the company could be softening on that stance — to a degree.
Peter Kafka / AllThingsD:
Apple Has Bought Nine Companies Since October, and Is Going to Pick Up the Pace, Says Tim Cook  —  What is Apple doing with its big pile of cash?  Shouldn't they go buy some companies with a chunk of that dough?  —  Well, they are, said Tim Cook.  —  The Apple CEO said that in the company's …
Tweets: @scottmaustin
Ian Sherr / Wall Street Journal:
Apple Settles iPhone Water Damage Lawsuit for $53 Million  —  Apple Inc. has agreed to pay $53 million to settle a class-action suit associated with warranties for iPhones and iPods, according to lawyers representing plaintiffs in the litigation.  —  In documents filed with the United States District Court …
More: CNET
Alyson Shontell / Business Insider:
Insight Venture Partners, The Firm Behind Tumblr And Twitter, Has Closed A Massive New $2.57 Billion Fund  —  Last week, Insight Venture Partners' portfolio company Tumblr had some billion-dollar news.  Now the VC and private equity firm has some billion-dollar news of its own.
More: TechCrunch
Arik Hesseldahl / AllThingsD:
Intel Makes Its First Acquisition Since Brian Krzanich Became CEO  —  Intel's new CEO, Brian Krzanich, has been on the job only 12 days and already the company has made an acquisition.  —  Intel confirmed today that it had bought the satellite navigation chip business unit of ST-Ericsson …
Scott Moritz / Bloomberg:
Verizon Galaxy S4 Is First Phone to Work on Next Network  —  Verizon Wireless's newest phone, Samsung Electronics Co. (005930)'s Galaxy S4, is the first device that will be able to take advantage of the carrier's next network upgrade, which will more than double Internet speeds.
Lisa Rapaport / Bloomberg:
Global Tablet Shipments to Outpace PCs by 2015, IDC Says  —  Global tablet shipments will outpace the entire personal-computer market by 2015, fueled by rising demand for lower-priced and smaller alternatives to Apple Inc. (AAPL)'s iPad, market researcher IDC said.
Brian Krebs / Krebs on Security:
U.S. Government Seizes LibertyReserve.com  —  Indictment, arrest of virtual currency founder targets alleged “financial hub of the cybercrime world.”  —  U.S. federal law enforcement agencies on Tuesday announced the closure and seizure of Liberty Reserve, an online, virtual currency …
Dara Kerr / CNET:
Twitter triumphs in spam lawsuit settlement  —  In its fight to deter spammers, the social network gets tool provider TweetAdder to agree to a strict settlement regarding Twitter's terms of service.  —  Twitter has won a battle in its war against spam.  —  The microblogging service settled …
Kevin Lim / Reuters:
Singapore to regulate Yahoo, other online news sites  —  (Reuters) - Websites that regularly report on Singapore including Yahoo News will have to get a license from June 1, putting them on par with newspapers and television news outlets, in a move seen by some as a bid to rein in free-wheeling Internet news.

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