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 …

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.

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 …

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.

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.

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).

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.

Yahoo Plans Splashy New San Francisco Digs (And Dreams of Neon Billboard's Return)  —  According to multiple sources close to the situation, Yahoo is close to signing a lease for a splashy new San Francisco outpost to keep up with the fast growth of other Web companies that have opened high-profile offices here.

Apple's Developer Center returns after 8-day outage due to security breach  —  After being down for more than a week due to an embarrassing security breach, Apple has brought its Developer Center back up.  —  Apple took the site down last Thursday, eventually notifying developers that it was overhauling its systems after an intrusion.