Techmeme
January 28, 2014, 7:35 PM

Top News

Re/code:
Medium, Evan Williams's Post-Twitter Media Startup, Raises $25 Million Round  —  Medium is about to become large.  —  The collaborative publishing startup has just closed a $25 million round of financing, the company confirmed, marking its first major funding raise since it launched a little more than a year ago.
Mark Gurman / 9to5Mac:
Apple TV graduates from hobby/accessory to product line ahead of major changes  —  Apple appears to be putting its ducks in a row ahead of major Apple TV changes.  Alongside last night's changes to the Apple Online Store to promote Valentine's Day specials, Apple added an entire Apple TV section.
Ingrid Lunden / TechCrunch:
Yahoo Q4 2013 Earnings Slide 6% To $1.27B On EPS Of $0.46, Display Ads Down 6%  —  Yahoo today reported its earnings for the fourth quarter of 2013, where it reported GAAP revenues of $1.27 billion and non-GAAP earnings per share of $0.46.  Excluding traffic acquisition costs, revenues were $1.2 billion.
Michael J. de la Merced / DealBook:
Alibaba's enormous growth, with $1.8B revenue, $801M profit, helps boost Yahoo's bottom line  —  Yahoo Earnings Shed More Light on Alibaba's Growth  —  While Yahoo is nominally the focus of its fourth-quarter earnings report, another company is receiving just as much scrutiny: Alibaba of China.
Dieter Bohn / The Verge:
Framing Google Glass: the headset of the future now works with prescription lenses  —  Just shy of a year after the Google Glass Explorer edition started arriving on early adopters' doorsteps, Google is announcing a way for people who need prescription glasses to use it.
Brad Molen / Engadget:
Pebble Steel review: at last, a stylish smartwatch  —  Smartwatches are supposed to be pieces of jewelry that are just as personal as the smartphones they're attached to, yet rarely are they thought of as fashionable.  We've seen a handful (or is it wristful?) that are hip, ornate and sporty …
Roger Cheng / CNET:
AT&T swings to profit, adds 1.2M contract smartphone customers  —  AT&T swung to a profit in the fourth quarter as it deals with pressure from rival T-Mobile.  —  The Dallas telecommunications company posted a fourth-quarter profit of $6.9 billion, or $1.31 a share, compared with a year-earlier loss …
Ryan Lawler / TechCrunch:
Yahoo Is Shutting Down IntoNow, Nearly Three Years After Acquisition  —  IntoNow — the second-screen app that Yahoo bought in the spring of 2011, just twelve weeks after its launch — is being shut down by its parent company.  As of last week, IntoNow was taken off the Apple App Store and Google Play …
Douglas MacMillan / Digits:
Yahoo in Talks to Buy App Developer Tomfoolery for $16 Million  —  Yahoo is in talks to acquire business app developer Tomfoolery for about $16 million, according to two people familiar with the negotiations.  —  The discussions are at an advanced stage but the deal isn't yet final, the people said
Ernesto / TorrentFreak:
ISPs No Longer Have to Block The Pirate Bay, Dutch Court Rules  —  The Pirate Bay is arguably the most-censored website on the Internet, but that's no longer the case in the Netherlands.  —  In 2010 Dutch anti-piracy group BREIN went to court to try and force Ziggo, the Netherlands' largest ISP, to block The Pirate Bay.
Catherine Shu / TechCrunch:
Global Smartphone Shipments Top 1 Billion For The First Time Thanks To Cheap Android Devices, Says IDC  —  The global smartphone market shipped one billion units in a single year for the first time, with Samsung as the leading vendor, according to a new report by research firm IDC's Worldwide Quarterly Mobile Phone Tracker.
Alice Truong / Fast Company:
Following Arrest, BitInstant CEO Charlie Shrem Resigns From Bitcoin Foundation  —  The day after BitInstant CEO Charlie Shrem was arrested on money-laundering charges, the 24-year-old has resigned from the Bitcoin Foundation, where he was a founding member and had served as vice chairman since 2012.
Arik Hesseldahl / Re/code:
IBM Exploring Sale of Software-Defined Networking Business  —  A week after selling its server business unit to Lenovo, IBM is now exploring the sale of some of its networking assets and may be seeking as much as a $1 billion, sources familiar with the matter tell Re/code.
More: SiliconANGLE and Forbes
Kim Zetter / Wired:
Hacker Behind SpyEye Banking Trojan Pleads Guilty After Being Nabbed in the Dominican Republic  —  A Russian hacker who developed the widely used SpyEye banking Trojan has pleaded guilty today to creating the malicious toolkit that was considered one of the most popular hacking tools for two years.
Emil Protalinski / The Next Web:
Akamai: Average Internet speed grew 29% year-over-year to 3.6 Mbps, mobile traffic jumped by 80%  —  Global average connection speeds have hit a new high, rising 29 percent year-over-year to 3.6 Mbps.  Meanwhile, the demands of the mobile world are growing very fast, with data traffic increasing by 80 percent in the last year.

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