Techmeme: Hey Look, Software Just Ate VC! (Startup L. Jackson/Startups and S**t)

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July 27, 2013, 11:00 PM

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Startup L. Jackson / Startups and S**t:

Hey Look, Software Just Ate VC! — Remember when Sacca was buying Twitter stock like a boss because the founders preferred him to VCs? There's now an app for that. — Recently AngelList quietly started testing Syndicates. Syndicates allow you to raise any amount of money on behalf of a startup and take 20% of the carry.

Tweets: @jordancooper, @naval, @naval, @danprimack and @nchirls

Eric Eldon / TechCrunch:

Angels Get Carry For Helping A Startup Raise Money With AngelList Syndicates — AngelList is testing out a new service that lets angel investors syndicate deals with each other, a feature that could allow startups to raise venture-sized rounds of money with relative ease.

Tweets: @naval

Reuters:

Insight: How Samsung is beating Apple in China — (Reuters) - Apple Chief Executive Tim Cook believes that “over the arc of time” China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer …

More: Fortune, iPhone in Canada Blog, New York Times, Mercury News, internetretailer.com, BGR, InvestorPlace and Tech Trader Daily. Tweets: @whatthebit

Ryan Knutson / Digits:

Samsung Dethrones Apple in Smartphone Profits — Apple has fallen off the profit throne. — Last quarter, Samsung Electronics made more money selling handsets than Apple for the first time, according to a report by Strategy Analytics. — Samsung's operating profit for handsets …

More: CNET, Forbes, The Register, StreetInsider.com, BGR, dailywireless.org and BBC

Brian Klug / AnandTech:

Nexus 7 (2013) - Mini Review — At an event in San Francisco, Google announced an updated version of the popular Nexus 7 tablet which first appeared at last year's Google I/O. The big new features update the Nexus 7 platform with inclusion of a 1.5 GHz Snapdragon S4 Pro (APQ8064) SoC …

More: The Verge. Tweets: @512px and @piercedavid

Jordan Kahn / 9to5Google:

New Nexus 7 now available through Google Play ahead of expected release date

More: pocketdroid.net, Pocketnow, Engadget, The Verge and TechHive. Thanks:@justinkahnmusic

Sean Gallagher / Ars Technica:

PRISM revelations result in lost business for US cloud companies — The reach of NSA's PRISM program has spooked some overseas companies from using US cloud providers. — The revelations about the National Security Agency's (NSA) broad monitoring of traffic and access to the data …

More: ZDNet, Electronista and GigaOM

Ben Gilbert / Engadget:

Don't Panic: Google has prototypes for ‘real-time’ translation device, ‘near perfect’ in some uses — It sounds like Google's Babel fish-esque instant translation solution is making progress — Android VP Hugo Barra told The UK Times that Google's got hardware prototypes (in the form of mobile phones) already working.

More: The Times, Electronista, DVICE, PC Magazine, TechnoBuffalo, SlashGear, AndroidHeadlines.com, The Verge, BGR, Tested, Mashable, Gadget Helpline, PhoneArena and TechCrunch

Frederic Lardinois / TechCrunch:

Google Asks Glass Developers To Start Working On Android-Based Apps Ahead Of Glass Development Kit Launch — It looks like Google is about to unleash a new wave of more powerful applications for Google Glass. Currently, Glass developers can only build apps that are essentially web-based services …

More: Alain Vongsouvanh, PC Magazine, iDigitalTimes and Engadget

Jon Russell / The Next Web:

Twitter UK chief responds to abuse concerns after campaigner is deluged with rape threats — The head of Twitter's business in the UK has responded to concerns that the service is not doing enough to help users report abuse, after a UK-based equal rights campaigner received repeated rape threats this week.

More: The Independent, BBC, CNET, GigaOM, Guardian, The Huffington Post UK, Guardian, The Verge, Sky News and Metro.co.uk

Tweets: @tonyw, @tonyw and @mrchrisaddison

Kim-Mai Cutler / TechCrunch:

Timehop, The Place To Reminisce Online, Raises $3M Led By Spark Capital — While present-focused social networks like Facebook and Instagram make plenty of room for the narcissists in us, there's not really a dedicated and focused place to reflect on the past.

More: Betabeat and Pulse 2.0

Darrell Etherington / TechCrunch:

Mobile Payment At U.S. Starbucks Locations Crosses 10% As More Stores Get Wireless Charging — Starbucks is seeing impressive adoption of mobile payments in its U.S.-based store locations, the company revealed during its quarterly earnings conference call last night (via WSJ).

More: Corporate Intelligence, New York Times, PR Newswire, The Verge, Business Insider, Gotta Be Mobile, Engadget and Engadget

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