Techmeme
August 17, 2013, 12:00 AM

Top News

Jungah Lee / Bloomberg:
Samsung Said to Introduce Wristwatch-Like Smartphone Next Month  —  Samsung will introduce a wristwatch-like device named the Galaxy Gear next month that can make phone calls, surf the Web and handle e-mails, according to two people familiar with the matter.
Matt McGee / Marketing Land:
EdgeRank Is Dead: Facebook's News Feed Algorithm Now Has Close To 100K Weight Factors  —  The next time you tell a client how Facebook selects and ranks the content that shows up in the News Feed, you'll need to do it without using the word EdgeRank.  —  EdgeRank, Facebook's original News Feed ranking system, is dead.
David Pierce / The Verge:
Build-a-Phone Workshop: my first encounter with Moto Maker and a customized Moto X  —  Turns out 18 is a lot of choices.  —  As one of the first people allowed into Motorola's Moto Maker program, I had a chance to design the phone I always wanted, to order a phone made by Motorola but designed by me.
Mike Isaac / AllThingsD:
Yahoo Names Maynard Webb Permanent Board Chairman  —  “Maynard Webb's leadership and guidance have been an invaluable part of our board since he joined it in 2012,” a Yahoo spokesperson said in a statement.  “We are honored that Maynard will continue to serve as Chairman of the Board.”
More: Reuters and Bloomberg
Peter Kafka / AllThingsD:
AOL Starts Patch Cuts, and Up to 500 People May Lose Their Jobs  —  AOL has begun making mass layoffs at its Patch unit.  —  By the time the cuts are over, AOL could end up reducing the local news network's 1,000-worker labor force by half, according to people familiar with the plans.
Joel Rosenblatt / Bloomberg:
Apple iPhone Antitrust Complaint Dismissed by U.S. Judge  —  Apple (AAPL) Inc. won dismissal on procedural grounds of a lawsuit claiming the company maintains a monopoly over iPhone applications.  —  U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, ruled today that the plaintiffs …
Greg Bensinger / Digits:
China's Alibaba Invests In ShopRunner, Amazon.com Rival  —  Chinese e-commerce giant Alibaba Group Holding Ltd. recently agreed to what could be a major investment in website ShopRunner Inc., a U.S.-based competitor to Amazon.com Inc. in offering two-day shipping, according to people familiar with the deal.
Jim Finkle / Reuters:
Virus targets the social network in new fraud twist  —  (Reuters) - In the world of cyber fraud, a fake fan on Instagram can be worth five times more than a stolen credit card number.  —  As social media has become increasingly influential in shaping reputations, hackers have used …
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Earlier Picks

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