Techmeme
August 23, 2013, 10:00 AM

Top News

Microsoft:
Microsoft CEO Steve Ballmer to retire within 12 months  —  Board of directors initiates succession process; Ballmer remains CEO until successor is named.  —  Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months …
Microsoft:
Moving forward  —  Text of an internal email from Microsoft chief executive officer Steve Ballmer to employees regarding his plan to retire.  —  I am writing to let you know that I will retire as CEO of Microsoft within the next 12 months, after a successor is chosen.
Don Reisinger / CNET:
Microsoft shares rise early amid Ballmer retirement news  —  The software company's shares are up approximately 8 percent in early trading.  —  Microsoft's shares are up significantly in early trading on Friday following news of CEO Steve Ballmer's impending retirement.
jessica lessin:
Exclusive: Apple Buys (Another) Map App, Embark  —  Apple Inc. keeps snapping up mapping companies.  —  The latest: Embark Inc., a small Silicon Valley upstart that builds free transit apps to help smartphone users navigate public transportation.  —  We don't know how much Apple paid …
Bloomberg:
Amazon Is Said to Have Tested a Wireless Network  —  Amazon.com Inc. (AMZN) has tested a new wireless network that would allow customers to connect its devices to the Internet, according to people with knowledge of the matter.  —  The wireless network, which was tested in Cupertino …
Kara Swisher / AllThingsD:
Uber Filing in Delaware Shows TPG Investment at $3.5 Billion Valuation; Google Ventures Also In  —  According to a Delaware filing by Uber Technologies, it has sold stock in the fast-growing privately held transportation service to private equity giant TPG.  In addition, according to sources …
TechCrunch:
Google Ventures Puts $258M Into Uber, Its Largest Deal Ever  —  A Certificate Of Incorporation unearthed by AllThingsD today shows that Uber has closed $361.2 million in its latest round.  It's unknown why TPG, which picked up 775,092 shares, paid a lower per-share price than the other participants.
Dara Kerr / CNET:
Samsung denied new trial over Apple's ‘bounce-back’ patent  —  Amid planning for new damages retrial, Judge Koh rules that there will not be another new trial over the '381 patent.  —  A federal judge on Thursday denied Samsung's request for a new patent trial over Apple's “bounce-back” patent.
Aries Poon / Digits:
Google Buys Patents From Apple Ally Hon Hai  —  Hon Hai Precision Industry Co., known for its close ties to Apple Inc., said Friday it sold some display patents to Google Inc.  —  The Apple and iPad assembler didn't specify a value for the deal or expound on details, except to say the patents sold …
Anthony Ha / TechCrunch:
Pandora Plans To Lift Its 40-Hour Free Mobile Listening Cap On Sept. 1  —  During this afternoon's earnings call, Pandora executives said that they would lift for the 40-hour monthly cap on free mobile listening that was announced back in February.  —  This is actually the second time Pandora …
Andrew Mayeda / Bloomberg:
Canada's Moore Says BlackBerry Must Revive by Itself  —  Canadian Industry Minister James Moore said it's up to BlackBerry Ltd. (BB) to pull off a turnaround on its own, signaling the government has no plans to intervene in the struggling smartphone maker's future.
Kevin C. Tofel / GigaOM:
Chrome OS users gain immersive mode and more in stable channel update  —  All Google Chromebooks, save one particular model, have a software update waiting for them.  Google announced the update for the Chrome OS Stable channel Thursday, saying it would roll out over the next several days …
Daniel Cooper / Engadget:
Google applies for location-based security patent, locks down your phone on the go  —  Google's knack with location services helps us to get around, but hopefully, that same tech will serve to keep our devices safe in the future.  Mountain View has applied to patent a system that modifies …
Chris O'Brien / Los Angeles Times:
Apple mega-investor Icahn, CEO Tim Cook to talk buyback over dinner  —  Carl Icahn tweeted that he and Apple Chief Executive Tim Cook would talk over dinner about the size of the company's stock buyback.  (Associated Press)  —  Investor Carl Icahn revealed plans to have dinner …
Lee Chyen Yee / Reuters:
Huawei, ZTE win bulk of China Mobile's $3 billion 4G bonanza: sources  —  (Reuters) - China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year …
Dan Primack / Fortune:
Sorry Twitter: Your IPO won't be ‘low profile’  —  Twitter has an unreasonable request for its prospective IPO bankers.  —  FORTUNE — Twitter is beginning to speak with bankers about its inevitable IPO, according to the New York Post.  No real surprise, except for this quote: … Say what now?
Danny Yadron / Wall Street Journal:
For Privacy, Phone Texts Pushed Over Encrypted Email  —  Companies That Specialize in Encryption Technology Fear Pressure to Turn Over User Data  —  Companies offering services to keep Internet communication free from prying eyes are increasingly pushing private text-messaging applications rather …

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The Independent:

Earlier Picks

Ken Yeung / The Next Web:
Matt Hunter / CNBC:
Todd Bishop / GeekWire: