Techmeme
September 3, 2013, 2:45 PM

Top News

Microsoft:
Microsoft to acquire Nokia's devices & services business, license Nokia's patents and mapping services  —  Microsoft Corporation and Nokia Corporation today announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially …
Ben Thompson / stratechery:
The Deal That Makes No Sense  —  Early this morning Microsoft acquired Nokia for €3.79 billion (plus €1.65 billion for patents).  It is a deal that makes no sense.  While industry observers love to pontificate about mergers and acquisitions, the reality is that most ideas are value-destoying.
Horace Dediu / asymco:
Microsoft:
Dante D'Orazio / The Verge:
Android Kit Kat is the next version of Google's mobile operating system  —  Google's Sundar Pichai, head of both Android and Chrome, has confirmed that the next version of Android will be called Kit Kat.  Yes, you've read correctly, Kit Kat, as in the trademarked name of the candy bar made by Nestle.
Leo Kelion / BBC:
Android KitKat unveiled in Google surprise move  —  Nestle plans to sell more than 50 million chocolate bars featuring the Android mascot  —  Google is calling the next version of its mobile operating system Android KitKat.  —  The news comes as a surprise as the firm had previously indicated version 4.4 …
Jim Dalrymple / The Loop:
Apple announces special event for September 10  —  Apple on Tuesday sent out invites for a special event to be held on September 10, 2013 at the company's Cupertino, Calif. headquarters.  According to the invitation I received today, the event will start at 10:00 am PT.
Amazon.com:
Introducing the All-New Kindle Paperwhite—The 6th Generation of Kindle  —  World's best-selling e-reader now even better—new display technology with higher contrast, next generation built-in light, faster processor, plus all-new reading features like Kindle Page Flip, Goodreads, Kindle FreeTime …
Nick Wingfield / NYT Bits:
Amazon Pairs Print and Digital Books With New Program  —  For most readers, print and electronic books are an either-or proposition.  There just isn't a compelling reason to buy both editions of one book, at least not at full price.  —  Amazon is about to test how much appetite …
Sam Byford / The Verge:
8GB Nexus 4 sells out on Google Play, and it isn't coming back  —  After Google gave its Nexus 4 a $100 price cut last week, the 8GB version of the phone is now sold out on the Play store.  It appears that the price reduction was more of a clearance sale, however, as Google tells The Verge that the cheaper model will not be restocked.
Douglas MacMillan / Bloomberg:
Hangar Haggling With Ballmer Girds Twitter's CFO for IPO  —  Months after becoming Twitter Inc.'s finance chief, Mike Gupta is talking to banks about handling the company's initial public offering, a sign that the most anticipated stock-market debut since Facebook Inc. (FB) is getting closer — and that Gupta will play a key role in it.
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