Techmeme
June 20, 2013, 8:50 AM

Top News

Don Mattrick / Xbox Wire:
Your Feedback Matters - Update on Xbox One  —  Last week at E3, the excitement, creativity and future of our industry was on display for a global audience.  —  For us, the future comes in the form of Xbox One, a system designed to be the best place to play games this year and for many years to come.
Alexei Oreskovic / Reuters:
Yahoo rejects fears hackers will exploit old user IDs  —  (Reuters) - Yahoo Inc on Wednesday downplayed concerns that its plans to recycle inactive user IDs could leave users exposed to hackers, saying only 7 percent of those IDs are tied to actual Yahoo email accounts.
More: CNET and memeburn
Wall Street Journal:
Microsoft-Nokia Advanced Talks Recently Broke Down  —  Microsoft Corp. was recently in advanced discussions with Nokia Corp. about a purchase of the Finnish company's device business, according to people familiar with the matter, in a marriage that could have reshaped the mobile-phone industry.
Anurag Kotoky / Reuters:
India sets up elaborate system to tap phone calls, e-mail  —  (Reuters) - India has launched a wide-ranging surveillance program that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said.
Alex de Joode / LeaseWeb Blog:
LeaseWeb: Statement on former client MegaUpload  —  On Twitter today we saw Kim Dotcom tweeting some statements saying LeaseWeb wiped data from dedicated servers formerly in use by his storage service MegaUpload.  I think this calls for a reaction.  —  First of all, we appreciate the long period …
Mike Isaac / AllThingsD:
Twitter Acquires Social Startup Spindle  —  Twitter has acquired Spindle, a social startup focused on the location and check-in space, and discovering local places of interest nearby.  —  “We've spent the past two and a half years building a product that helps you answer the question: 'What's happening nearby right now?'”
Kim-Mai Cutler / TechCrunch:
The Case For And Against Candy Crush-Maker King's Possible IPO  —  Zynga cast a long shadow when its stock tanked by about 75 percent in the first year after going public.  But that apparently isn't scaring off other contenders in the gaming industry from an IPO.
Darrell Etherington / TechCrunch:
Stratasys Acquiring MakerBot In $403M Deal, Combined Company Will Likely Dominate 3D Printing Industry  —  Today Stratasys announced that it has acquired MakerBot, as we reported, in a stock deal worth $403 million based on the current share value of Stratasys.
Wall Street Journal:
Web Companies Pay for Internet Fast Lane  —  Streaming video on the Web can be a bumpy experience: The video can slow or stop altogether.  To avoid these problems, Netflix Inc., the biggest online video outlet, has been trying to install special equipment directly connected to the networks of Internet access providers.
More: VarietyTweets: @amir_efrati, @rsingel and @shaliniwsj
Horace Dediu / asymco:
Measuring the iTunes video store  —  It's been five years since we had an update on TV show downloads and six years since we've had an update on movie downloads from Apple.  In Q3 2008 Apple announced 200 million TV show downloads and in Q2 2007 2 million movies.
Avi Schneider / GeekTime:
EMC acquires Israeli storage startup, Scale IO, for $200-300M  —  3:30PM Jerusalem, Israel - Israeli startup, ScaleIO, a leader in enterprise data and elastic converged storage, has been purchased by enterprise data giant, EMC, for a reported purchase price sitting somewhere between $200-300M.
Mat Honan / Wired:
Inside Digg's Race to Build the New Google Reader  —  Andrew McLaughlin is, like, California-enthusiastic.  Like, we're-totally-going-to-do-this- guys enthusiastic.  The 43 year-old CEO of the recently re-imagined Digg is a believer in the way the Internet can make the world better.
Alyn Griffiths / Dezeen:
Interview with Richard Sapper on turning down a job at Apple  —  Interview: German industrial designer Richard Sapper has launched a new website chronicling his work dating back to the 1950s.  In an interview looking back on his career he tells Dezeen how he turned down the chance to work at Apple …
More: MacRumors
Caitlin Fitzsimmons / Business Review Weekly:
IBM cutting up to 1500 jobs in Australia as cloud computing upsets server market  —  The 1500 jobs on the line at IBM's Australian operation mirrors the decline in the server market as business customers shift to cloud computing and software as a service.  —  The number of job cuts reportedly looming …

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