Techmeme
January 16, 2014, 4:30 AM

Top News

Federal Trade Commission:
Apple to refund consumers at least $32.5M for in-app purchases made without parental consent  —  Apple Inc. Will Provide Full Consumer Refunds of At Least $32.5 Million to Settle FTC Complaint It Charged for Kids' In-App Purchases Without Parental Consent  —  Company Also Will Modify its Billing Practices Under FTC Settlement
John Paczkowski / Re/code:
Apple Agrees to FTC Consent Decree Over In-App Purchases (Memo)  —  Looks like Apple's settlement last year of a lawsuit over the unauthorized use of in-app purchasing in games and apps sold through the App Store wasn't enough for the Federal Trade Commission.
Kara Swisher / Re/code:
Yahoo COO Henrique De Castro, Mayer's No. 2, to depart after failing to move lagging ad business  —  “Dead Man Walking” Walks: COO Henrique De Castro Out at Yahoo  —  As has long been rumored, Yahoo COO Henrique De Castro is departing Yahoo.  I had reported last week that he was in big trouble …
Fred Wilson / A VC:
Andy Greenberg / Forbes:
BitTorrent Creator's New Software DissidentX Hides Secrets In Plain Sight  —  Encryption tools help people keep secrets.  Bram Cohen has a more subtle ambition: he wants to help people keep secret the act of keeping secrets.  —  For the last year Cohen, who created the breakthrough file …
More: SlashGear
Sinead Carew / Reuters:
Price war in U.S. mobile market raises fear of profit hemorrhage  —  (Reuters) - New Year's rivalry among U.S. mobile operators has Wall Street worried that the industry's profits could seriously decline.  —  After months of aggressive moves by T-Mobile US to lure customers from other carriers …
Martin Bryant / The Next Web:
Compass survey: 66% of Silicon Valley startup founders pay themselves less than $50k  —  What salary does the founder of your favorite startup get?  Probably not a very high one  —  If you're a startup founder, how much should you pay yourself?  Not very much, according to data that Compass has shared with The Next Web.
Tweets: @baris and @sosventures
Brent Rose / Gizmodo:
Google Play Movies and TV Finally Comes to iOS  —  First Google Play Books made its way to iOS.  Then Google Play Music undertook the pilgrimage.  So, it should be little surprise that today Google Play Movies and TV has finally made the jump.  This is significant not just because it brings …
Josh Constine / TechCrunch:
Zuckerberg Calls Snapchat A “Privacy Phenomenon”  —  Mark Zuckerberg thinks Facebook's innovated by creating a place where people could share what wasn't shared before, which is also why he thinks Snapchat is important.  Today in a low-profile talk at Stanford alongside discussions of the NSA …
More: AllFacebook and MashableTweets: @startupljacksonThanks:@gallagherbilly
Larry Seltzer / ZDNet:
Microsoft to extend Windows XP antimalware updates one year  —  Summary: Security updates for Windows XP will end this April, but updated antimalware signatures for the operating system will continue for another year.  —  Microsoft has announced that they will continue to supply antimalware signatures …
Evan Schuman / Computerworld:
Starbucks caught storing mobile passwords in clear text  —  In a case of convenience for users trumping security, Starbucks has been storing the passwords for its mobile-payment app, along with geolocation data, in clear text  —  The Starbucks mobile app, the most used mobile-payment app in the U.S. …
Kim-Mai Cutler / TechCrunch:
Spam-Fighting Startup Impermium Joins Google, Discontinues Third-Party Services  —  Impermium, a cybersecurity startup that was backed by top funds like Accel and Greylock, is joining Google.  They had raised $9 million in funding from Highland Capital Partners, the Social+Capital Partnership …
Scott Kirsner / Boston Globe:
CloudSwitch and EqualLogic vets pocket $12 million for stealthy new startup, ClearSky Data  —  Serial entrepreneur Paula Long played the role of the fairy godmother in the story of ClearSky Data, a quiet new startup currently operating out of the Kendall Square offices of Highland Capital Partners...

Sponsor Posts

Microsoft:
Microsoft Brings World's Fastest Texting to Windows Phone 8.1  —  Gaurav Sharma appeared relaxed but focused in his purple hoodie on Jan. 16, 2014.  Less than 20 seconds later, Sharma, a 15-year-old …
Atlassian:
Every team needs kick-ass code reviews  —  Code reviews help spread knowledge and coding best practices throughout a team.  In this article we'll take a look at why code reviews are important, and how to optimize the practice.
Zoho Blogs:
2 Ways Live Chat Can Enhance Your Customer Service  —  Landing a new customer is 5x more expensive than keeping an existing customer.  How do we keep our customers happy?  By providing outstanding support.
Silicon Valley Bank:
SVB's Halo Report shares angel investment activity for 2013  —  The 2013 Halo Report finds angel investment activity on the rise with more high-valuation deals closed in 2013 than in 2012.
 

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