Techmeme
October 24, 2013, 4:55 PM

Top News

Aaron Souppouris / The Verge:
Samsung fined $340,000 for faking online comments  —  After being caught paying for false praise and negative comments about competitors, Samsung has been fined just over $340,000.  The issue first arose internationally in April, when Taiwan's Fair Trade Commission (FTC) announced it was opening an investigation into the allegations.
Matthew Panzarino / TechCrunch:
Twitter To Offer 70M Shares Priced At $17-$20 Per Share To Raise Up To $1.4B In IPO  —  Twitter will offer 70 million shares in its Initial Public Offering, and will price them at $17-$20 per share, according to an amended S-1 filing.  Twitter's IPO pricing range was rumored to drop today …
Min-Jeong Lee / Digits:
Patent Filing Shows Samsung Preps Electronic Eyewear  —  Samsung Electronics Co. appears to be creating a Google Glass of its own.  —  A design patent registered with Korean authorities in October shows an electronic device in the form of spectacles.  It has been categorized as a type of “sports glasses.”
Emil Protalinski / The Next Web:
Instagram previews how ads will look in its apps, will push a one-time sample ad to US users in the next week  —  Instagram today revealed how ads will look like on the social network when they finally come to the photo-sharing app.  The Facebook-owned company is treading carefully …
Mike Beasley / 9to5Mac:
Mac App Store bug allows iWork trial users to update the entire suite for free (Update: Aperture, too)  —  Users who have previously downloaded the free 30-day iWork trial and kept it on their systems found themselves able to update to the latest version of Apple's productivity suite …
Alex Pham / Billboard:
YouTube preparing a $10/month premium on-demand music service, may come this year  —  YouTube Close to Launching Subscription Music Service (Breaking)  —  YouTube is preparing a premium on-demand music service — akin to a Spotify, but with video — to launch later this year, according to several sources familiar with the plans.
Jordan Crook / TechCrunch:
Vine Update Lets Users Edit Videos, Save Multiple Drafts  —  Vine, Twitter's six-second looping video app, has just released an update to the app that brings two new big features to the video sharing platform: Sessions and Time Travel.  —  Time Travel essentially lets you edit videos …
Lucian Constantin / PC World:
Flash Player now sandboxed under Safari on Mac OS X  —  Adobe has worked with Apple to sandbox Flash Player under Safari in Mac OS X, restricting the ability of attackers to exploit any vulnerabilities they might find in the browser plug-in.  —  “With this week's release of Safari in OS X Mavericks …
Globe and Mail:
Former Apple CEO Sculley mulls BlackBerry bid  —  John Sculley, the former Apple Inc. CEO who famously clashed with Steve Jobs, is exploring a bid for beleaguered BlackBerry Ltd. with Canadian partners, sources have told The Globe and Mail.  —  Mr. Sculley said he could not comment on the matter …
Tom Warren / The Verge:
Microsoft erects a giant Surface tablet in the center of London  —  Microsoft has a fascination with big screens.  The software giant has demonstrated Windows 8 on its 82-inch Perceptive Pixel PC and created giant displays with Kinect built-in.  Microsoft co-founder Bill Gates even uses a giant 80-inch Windows 8 display occasionally.
Linette Lopez / Business Insider:
Here's Carl Icahn's Letter To Tim Cook Saying He Wants Apple To Buyback $150 Billion In Stock Immediately  —  Yesterday Carl Icahn tweeted that he sent a letter to Tim Cook, and would put it on a new website he was launching called Shareholder's Square Table — now the site is live.

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Emil Protalinski / The Next Web: