Techmeme
June 7, 2013, 11:30 PM

Top News

Claire Cain Miller / New York Times:
Tech Companies, Bristling, Concede to Federal Surveillance Program  —  When government officials came to Silicon Valley to demand easier ways for the world's largest Internet companies to turn over user data as part of a secret surveillance program, the companies bristled.
Larry Page / The Official Google Blog:
What the ...?  —  You may be aware of press reports alleging that Internet companies have joined a secret U.S. government program called PRISM to give the National Security Agency direct access to our servers.  As Google's CEO and Chief Legal Officer, we wanted you to have the facts.
Mark Zuckerberg / Facebook:
I want to respond personally to the outrageous press reports about PRISM:  —  Facebook is not and has never been part of any program to give the US or any other government direct access to our servers.  We have never received a blanket request or court order from any government agency asking …
Jon Russell / The Next Web:
WaPost backtracks on claim tech companies ‘participate knowingly’ in PRISM data collection  —  The Washington Post published an investigative report uncovering the government-run PRISM program, which allegedly monitored US citizen's Internet activity illegally, but now the paper is stepping away …
Nick Hopkins / Guardian:
Peter Kafka / AllThingsD:
Apple Signs Sony Up for iRadio, Now Has All Three Major Music Labels On Board  —  Sony Music has signed on to Apple's forthcoming iRadio service, according to a person familiar with negotiations between the two companies.  —  The deal means Apple now has agreements with all three major music labels.
Om Malik / GigaOM:
Snapchat close to raising as much as $100 million at a jaw-dropping valuation … The It girl of web services, Snapchat, is close to snagging about $100 million in new investment at a valuation nearing half a billion dollars, sources familiar with company's fund raising efforts tell me.
Zac Hall / 9to5Mac:
Apple displays extremely sparse iOS 7 banner at Moscone ahead of WWDC (Updated: OS X banners going up)  —  Apple has been steadily preparing the Moscone Center in San Francisco for its Worldwide Developer Conference all week long.  Today banners for iOS 7 appeared featuring a very colorful and thin …
Greg Kumparak / TechCrunch:
Twilio Raises A $70M Series D As They Consider An IPO  —  Twilio, the company whose APIs help developers easily add SMS, voice, and VoIP functionality to their applications, has closed a Series D round of $70M dollars.  —  The round was led by Redpoint Ventures and existing investors Bessemer …
More: bizjournals, GigaOM and The Next WebTweets: @alex
Businessweek:
Google Wallet Is Leaking Money  —  Google Wallet (GOOG), the mobile software that allows Android users to pay for purchases online and in stores with their phones, has become a money pit.  The company has dedicated hundreds of developers to Wallet and spent about $300 million to acquire digital payment startups to help develop the app.
Reuters:
Cyber disputes loom large as Obama meets China's Xi  —  (Reuters) - President Barack Obama will complain to Chinese President Xi Jinping at a summit on Friday about alleged Chinese hacking of U.S. secrets, even as the White House faces growing questions at home over American government surveillance.
More: AllThingsD

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Jordan Kahn / 9to5Mac:
Miyoung Kim / Reuters: