Techmeme
July 25, 2013, 4:05 PM

Top News

Wall Street Journal:
Apple's Secret Weapon: the iPhone 4  —  Three-Year-Old Smartphone Propels Company's Sales in Price-Conscious Markets  —  Apple Inc. is known for drawing crowds with its latest and greatest technology.  But one of its most potent weapons in some markets came out three years ago.
Erica Ogg / GigaOM:
Six years later, how Apple keeps the iPhone chugging along  —  Between March and June, Apple's iPad shipments dipped 14 percent.  The Mac is dropping along with the rest of the PC industry, and the iPod has declined so much it barely merits a mention from the company anymore.
Darrell Etherington / TechCrunch:
BlackBerry Lays Off 250 Employees From Its New Product Testing And R&D Department  —  Layoffs at Waterloo-based smartphone industry pioneer BlackBerry cut deep last year, with around 5,000 employees being let go.  Those cuts continue into 2013 as BlackBerry undergoes what CEO Thorsten Heins called a …
Jeff John Roberts / GigaOM:
Verizon calls on President to veto coming iPhone ban  —  As an import ban on Apple products gets set to take effect two weeks from now, a Verizon executive is asking the White House to take the unusual step of intervening with the U.S. trade agency that imposed the ban.
Steve Kovach / Business Insider:
Facebook Stock Opens Up 26% After Last Night's Big Earnings Beat  —  Facebook's stock is up 31% in off-hours trading as of this writing following a glowing earnings report from the company yesterday.  —  Most importantly, Facebook showed significant revenue growth in mobile ads …
Liz Gannes / AllThingsD:
Fast Car: Uber Funding Auction Could Reach a $3.5B Valuation  —  Uber, the ride-logistics startup, could be valued at up to $3.5 billion in a new funding round led by TPG Capital, said multiple sources close to the discussions, which are ongoing but advanced.  We had first reported that Uber was seeking the round in June.
Mary Jo Foley / ZDNet:
Microsoft rolls out developer preview of IE11 on Windows 7  —  Summary: Microsoft is making available for download immediately a test build of its IE11 browser for Windows 7, along with various new dev tools and discounts.  —  At Microsoft's Build conference, the IE team confirmed that Internet Explorer 11 …
Ilya Khrennikov / Bloomberg:
Yandex Co-Founder Ilya Segalovich on Life Support  —  Yandex NV (YNDX), Russia's largest search engine, said co-founder and Chief Technology Officer Ilya Segalovich suddenly died at age 48.  —  “Mr. Segalovich had been diagnosed with a treatable form of cancer and was responding well to treatment …
Roger Cheng / CNET:
MetroPCS doubles reach, outs its own Lumia 521, Optimus F3  —  T-Mobile and MetroPCS want to move quickly to capitalize on any uncertainty in the prepaid market caused by AT&T's looming acquisition of rival prepaid business Leap Wireless.  —  The Lumia 521 will show up to MetroPCS tomorrow.
Rebecca Grant / VentureBeat:
The six most memorable startups from 500 Startups sixth class  —  MOUNTAIN VIEW, CALIF — The always-entertaining Dave McClure kicked off the 500 Startups Demo Day today with a video about Sharknado, otherwise known as “the best worst movie ever.”  —  “We hope our startups go as viral as Sharknado did,” McClure said.
Andy Greenberg / Forbes:
Hackers Reveal Nasty New Car Attacks—With Me Behind The Wheel (Video)  —  Stomping on the brakes of a 3,500-pound Ford Escape that refuses to stop-or even slow down-produces a unique feeling of anxiety.  In this case it also produces a deep groaning sound, like an angry water buffalo bellowing somewhere under the SUV's chassis.
More: BGR and SC MagazineTweets: @pkafka

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