July 8, 2013, 6:00 PM

Top News

Wall Street Journal:
Secret Court's Redefinition of ‘Relevant’ Empowered Vast NSA Data-Gathering  —  The National Security Agency's ability to gather phone data on millions of Americans hinges on a secret court ruling that redefined a single word: “relevant.”  The National Security Agency's ability to gather phone data …
More: The VergeTweets: @kaepora
Zynga's Mattrick Looked to Buy Company While at Microsoft  —  Don Mattrick, the former head of Microsoft Corp. (MSFT)'s entertainment division who takes the reins as chief executive officer of Zynga Inc. (ZNGA) today, has been hankering to run all or part of the social-gaming company for at least three years.
Paul Sloan / CNET:
Beats trying to launch streaming music service with AT&T  —  Exclusive: Music industry legend Jimmy Iovine wants to launch his Spotify competitor with a big splash, which is why he's trying to partner with a wireless carrier.  —  When Jimmy Iovine, the co-founder and CEO of Beats Electronics …
Tom Warren / The Verge:
Nokia Lumia 1020 with 41-megapixel camera confirmed in sample photos from Joe Belfiore  —  Nokia's 41-megapixel Windows Phone will be called the Nokia Lumia 1020.  That's according to sample photos posted on Flickr by Microsoft Windows Phone manager Joe Belfiore.
Greg Bensinger / Digits:
Amazon's Founders Jump Ship  —  Amazon's Quidsi unit, home of and, has lost its two co-founders.  —  Quidsi Chief Executive Marc Lore and Chief Operating Officer Vinit Bharara have both left the Jersey City, N.J. company.  In automated email replies …
Josh Barnes-Hoyt / Twitter Blog:
Direct message sync, mobile search improvements and more  —  People use Twitter to connect to the things and people they care about.  Today, we're making that even easier with a coordinated update for seven different apps: Android, iPhone, iPad, Mac,, and TweetDeck.
Tom Warren / The Verge:
Windows 8.1 update to be finalized in ‘late August,’ ready for PC makers  —  After releasing a preview version of Windows 8.1, Microsoft says it's ready to deliver a final version to its OEM customers in “late August.”  Speaking at Microsoft's Worldwide Partner Conference on Monday …
Om Malik / GigaOM:
Pinterest rival The Fancy gets $53 million from Will Smith, American Express; valued at $600 million  —  The New York startup scene keeps booming and the latest boost is coming from social commerce company, The Fancy, that is said to have raised $53 million in new funds and is valued at a whopping $600 million.
Rolfe Winkler / Wall Street Journal:
Microsoft's Products Need More Horsepower  —  Microsoft MSFT +0.34% keeps hitching its fortunes to lame horses.  It shows how rickety parts of the software giant's business are.  Barnes & Noble, BKS -.11% Best Buy, BBY +.98% Nokia, NOK1V.HE +2.38% Yahoo YHOO -.60% and Dell DELL +3.11% …
Matthew Panzarino / The Next Web:
Cloud-based event management company Cvent files for up to $100M IPO  —  Cvent, a company that provides cloud-based event management is raising up to $100M via an IPO, according to an SEC filing.  The company says that it reserves the right to sell up to the maximum of $1ooM in shares to generate working capital and develop products.
DirecTV Makes Hulu Bid as Time Warner Cable Seeks Stake  —  DirecTV (DTV) made a bid for the online video service Hulu LLC, while Time Warner Cable Inc. (TWC) offered to acquire a stake in the company, according to people with knowledge of the situation.  —  Both suitors met a July 5 deadline …

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