Techmeme
October 26, 2013, 1:40 AM

Top News

AllThingsD:
Snapchat Is Mulling Another Huge Round at a $3.5 Billion Valuation  —  Only a few months after closing a Series B round of $60 million that valued the ephemeral messaging company at $800 million, Snapchat has been in talks for another funding that values it at up to $3.6 billion, according to sources close to the situation.
Evelyn M. Rusli / Digits:
Snapchat looking to raise up to $200M, declined more than $1B bid by Facebook  —  Snapchat Mulls Raising Money at $3 to $4 Billion Valuation  —  Just months after raising $60 million at a $800 million valuation, mobile messaging service Snapchat is mulling an even bigger fundraising round.
More: PhoneArena and The Next WebTweets: @evelynrusli
Peter Cohen / iMore:
Apple's new Mac iWork apps: A big step back in workflow automation  —  On Tuesday evening Apple posted updates to its iWork apps for Mac - Pages, Keynote and Numbers.  Featured during Apple's iPad and Mac event in San Francisco, the new versions of iWork apps sport new features …
More: SlashGear
Evelyn M. Rusli / Wall Street Journal:
How Rizvi, Sacca purchased shares from Williams, other Twitter employees to claim major stake  —  Friendship Formed Foundation of 15.6% Stake in Social-Media Company  —  Evelyn M. Rusli … The largest stake in Twitter Inc. first came together seven years ago at a posh Caribbean resort.
Tweets: @wsjmarkets
Jason Del Rey / AllThingsD:
Facebook Won't Launch Auto-Play Video Ads This Year  —  If you're an advertiser waiting to hand Facebook a bag of cash to start running video ads on the social network in time for the holidays, it sounds like you're out of luck.  —  Sources tell AllThingsD that Facebook has been advising …
More: BGR, The Next Web and SlashGearTweets: @pkafka
Matthew Panzarino / TechCrunch:
Lots Of Hollywood Interest In Making Bilton's Twitter Book A Movie  —  Interest is swirling at Sony and several other major Hollywood studios around Nick Bilton's book “Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal”, TechCrunch has learned.
Brooke Crothers / CNET:
Qualcomm marketing exec Chandrasekher reassigned after calling Apple's 64-bit A7 a “gimmick”  —  After Apple 64-bit A7 criticism, Qualcomm exec reassigned  —  The 64-bit Apple A7 chip is now being used in all of Apple's marquee iOS products, including the newest iPhone and iPad.
Nancy Gohring / CITEworld:
Salesforce to shut down Do.com task management service  —  Do.com, Salesforce.com's task management service, said today that it plans to shut down in January.  —  The company sent emails to users today letting them know that the service will be discontinued on January 31.  It didn't say why.
More: The Next Web and ZDNet
Vinay Shet / Google Online Security Blog:
Google makes CAPTCHAs consider users' engagement in assessing whether they're human  —  reCAPTCHA just got easier (but only if you're human)  —  For over a decade, CAPTCHAs have used visual puzzles to help webmasters keep automated software from engaging in abusive activities on their sites.
Peter Kafka / AllThingsD:
Comcast's latest bundle, Internet Plus, still requires you to pay for TV to receive HBO  —  Dear Internet: You Still Can't Get HBO Without Paying for Cable  —  Lots of people who read sites like this site love the idea of paying for HBO without paying for cable.
Robert McMillan / Wired:
World's First Bitcoin ATM Set to Go Live Tuesday  —  Three high school buddies from a tiny Canadian town say that they will flip the switch on the world's first bitcoin ATM next week.  It will operate near the entrance of a downtown Vancouver coffee house.  —  Built by a Nevada company …
More: GigaomThanks:@_trendspotter
Reuters:
Germany wants a German Internet as spying scandal rankles  —  (Reuters) - As a diplomatic row rages between the United States and Europe over spying accusations, state-backed Deutsche Telekom wants German communications companies to cooperate to shield local internet traffic from foreign intelligence services.

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Tom Simonite / MIT Technology Review: