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August 7, 2013, 11:50 AM
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Top News

Peter Kafka / AllThingsD:
AOL Makes the Biggest Buy of the Tim Armstrong Era: $405 Million for Adap.TV  —  Tim Armstrong hasn't bought anything for a couple years.  Now he's made his biggest purchase since taking over AOL in 2009: AOL is buying Web video company Adap.TV for $405 million in cash and stock.
Anthony Ha / TechCrunch:
AOL Q2 Comes In (Slightly) Above Estimates With $541M Revenue, $0.35 Earnings Per Share  —  AOL just released its earnings report for the second quarter of the year, coming in ahead of Wall Street expectations with revenue of $541 million, up 2 percent percent from the same period last year, and diluted earnings per share of $0.35.
Liz Gannes / AllThingsD:
The Quiet Mobile Giant: With 300M Active Users, WhatsApp Adds Voice Messaging  —  WhatsApp, a tiny startup with a very basic idea, boring design and lots of competition, has somehow managed to connect up most of the world.  And that's actually pretty exciting.
David Pierce / The Verge:
LG announces the G2 smartphone, its new 5.2-inch flagship device  —  After months of not so much leaking the device as turning on its hose, LG has finally shown off the G2 smartphone it's been talking about so much.  The G2 is the company's new flagship, the first without the Optimus branding.
Elliot / Elliott Kember:
Chrome's insane password security strategy  —  Chrome does something interesting when you first run it.  —  I have a set of bookmarklets that I use to enhance my internet experience.  Actually, that's not entirely true.  I have one bookmarklet: Embiggen.js, which I use to expand images on Reddit.
Jon Russell / The Next Web:
Yahoo is getting a new logo on September 5, but it's keeping its infamous exclamation mark  —  There's plenty of change happening at Yahoo under Marissa Mayer, but one thing is sure to remain the same...that darn exclamation mark.  —  Yahoo today unveiled the first in a series of new logos …
First Round Capital:
How Medium is building a new kind of company with no managers  —  After Ev Williams first started working on Twitter, he reached out to Jason Stirman in Texas.  “You have to come out here,” Williams said.  “Twitter is happening and we want you to join us.”  But Stirman wasn't easily convinced.
Dave Tach / Polygon:
John Carmack becomes Oculus CTO, will remain at id as well  —  John Carmack, the co-founder of id Software and creator of the Doom, Quake and Rage series of games, joined the company as its Chief Technical Officer, according to a post on the virtual reality headset's Kickstarter blog.
James Trew / Engadget:
Vodafone UK confirms 4G network to launch August 29th, plans start at £26 a month  —  Vodafone UK has just announced its 4G network rollout will begin on August 29th, with London to be the first city to go live.  Twelve more locations will get switched on before the end of the year …
Ina Fried / AllThingsD:
Apple Faces Hurdles Attracting First-Time Smartphone Buyers  —  While Apple does extremely well in the global and domestic smartphone markets, they aren't doing as well among first-time smartphone buyers as one might think.  —  A new study paints an interesting picture of the first-time phone buyer and the devices they are choosing.
Emil Protalinski / The Next Web:
Twitter for iOS and Android gets login verification, photo galleries, search improvements, and list management

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This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, August 7, 2013.

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From Mediagazer

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

More News

Matt McGee / Marketing Land:
Facebook Updates News Feed Algorithm With New “Story Bumping” & “Last Actor” Factors

Earlier Picks

Tom Warren / The Verge:
Microsoft launches Windows Phone web tool to let anyone create apps
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