Techmeme
February 10, 2014, 1:45 PM

Top News

Reuters:
Chastened HTC turns to cheaper smartphones in search for profit  —  (Reuters) - Smarting from growing losses, Taiwanese phone maker HTC Corp says it will expand its range of cheaper products as it fixes off-target marketing for its premium smartphones.  —  The company that has long prided itself …
Vlad Savov / The Verge:
HTC breaks even in final months of 2013, but forecasts a losing start to new year  —  HTC's Q4 2013 financial numbers are out today and the company has suffered yet another decline in sales.  Whereas the last quarter of 2012 returned NT$60 billion, the past year reached only NT$42.9 billion.
Nermin Hajdarbegovic / CoinDesk:
Price Drops as Mt. Gox Blames Bitcoin Flaw for Withdrawal Delays  —  Mt. Gox has issued a statement in an effort to address concerns raised by users after it suspended bitcoin withdrawals late last week.  The exchange insists it is working hard to address a technical issue that has made it impossible for users to make transfers.
Gavin Andresen / Bitcoin Foundation:
Contrary to Mt. Gox's Statement, Bitcoin is not at fault  —  The issues that Mt. Gox has been experiencing are due to an unfortunate interaction between Mt. Gox's implementation of their highly customized wallet software, their customer support procedures, and their unpreparedness …
Jay Yarow / Business Insider:
Barnes & Noble Fired Its Nook Hardware Engineering Staff  —  Barnes & Noble laid off its Nook hardware engineers, according to a source that tipped Business Insider.  —  The engineers were let go last Thursday, according to our source.  This follows Barnes & Noble dismissing the VP of Hardware, Bill Saperstein in January.
Julia La Roche / Business Insider:
Carl Icahn Gives Up On Apple Buyback Plan  —  Billioniare investor Carl Icahn says that there's no reason to persist with Apple buyback proposal, according to new letter.  —  Icahn has amassed a huge stake in Apple.  —  He's also been suppotive of a stock buyback.
The Verge:
Instagram teaching ad-makers how to be less square  —  Instagram CEO Kevin Systrom has repeatedly emphasized that a big focus for the company is to “keep the standard really, really high” for its first ads — something Facebook and mobile ad networks like AdMob perhaps missed the boat on.
Zal Bilimoria / Re/code:
Our Love Affair With the Tablet Is Over  —  Back in 2011, I was having an all-consuming love affair with tablets.  At the time, I was the first-ever head of mobile at Netflix.  I saw tablets in my sleep, running apps that would control homes, entertain billions and dutifully chug away at work.
The Intercept:
The NSA's Secret Role in the U.S. Assassination Program  —  The National Security Agency is using complex analysis of electronic surveillance, rather than human intelligence, as the primary method to locate targets for lethal drone strikes - an unreliable tactic that results in the deaths of innocent or unidentified people.

Sponsor Posts

Microsoft:
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Intel:
Intel Unveils 8-Core Processor Gaming Monster at PAX  —  Intel just announced its first 8 core, 16 thread gaming monster — otherwise known as the Intel® Core™ i7-5960X processor Extreme Edition desktop processor …
VMware:
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