Techmeme
February 10, 2014, 1:25 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.
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.
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 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.
Ellis Hamburger / The Verge:
Pacemaker and Spotify cue up the iPad's simplest DJ app  —  A slick interface and 20 million tracks turn the tables on Traktor and Djay  —  Jonas Norberg built two great products that nobody used.  The first was the award-winning Pacemaker, a wonderfully nerdy beatmaking gadget that cost $850.
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.

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