Techmeme
March 4, 2014, 10:30 AM

Top News

TechCrunch:
Facebook in talks to buy Titan Aerospace for $60M, plans to use solar drone tech for providing internet access  —  Facebook In Talks To Acquire Drone Maker Titan Aerospace  —  Facebook, one of the primary backers of the Internet.org initiative, which aims to bring affordable Internet access …
Alexia Tsotsis / TechCrunch:
Basis Goes To Intel For Around $100M  —  With $96.7M In Funding, Powa Technologies Debuts PowaTag For Mobile And Audio-Triggered Commerce  —  Intel has won the Basis auction, we're hearing, at a price of around $100 million according to one source.  A second source pegs the deal at closer to $150 million.
Jacob Kastrenakes / The Verge:
Apple CFO Peter Oppenheimer retiring after 18 years, to be replaced by VP of finance Luca Maestri  —  Apple CFO Peter Oppenheimer retiring after 18 years  —  Apple's chief financial officer Peter Oppenheimer will retire at the end of September, after 18 years at the company.
Janko Roettgers / Gigaom:
Dish just secured rights to launch an internet TV service  —  Dish and Disney confirmed a Wall Street Journal report that they've reached a retransmission agreement late Monday, and they did so with a bang: Not only does the agreement force Dish to turn off automated ad skipping for ABC shows …
Mike Isaac / Re/code:
Twitter Snafu Triggers Mass Reset of User Passwords  —  If you're a Twitter user, you may have an email sitting in your inbox telling you to change your password right now.  —  You aren't alone.  —  A number of Twitter users received password reset request emails from the microblogging service …
Microsoft Corporation:
Microsoft CEO announces departure of Tony Bates and Tami Reller, names Mark Penn Chief Strategy Officer, Chris Capossela CMO  —  Satya Nadella announces changes to senior leadership team  —  In the past month, I've had the opportunity to talk with many of you - in person, on Yammer …
Daniel Eran Dilger / AppleInsider:
Apple's voracious appetite for acquisitions outspent Google in 2013  —  Apple is quietly investing far more money to acquire talent, technology and production capacity than the market appears to realize, having liberally outspent even Google over the past year.  —  Apple's acquisition investments over the past quarter
Amy Schatz / Re/code:
Justice Department Backs Broadcasters in Aereo Dispute  —  In a Supreme Court filing Monday, the Justice Department backed broadcast networks in their fight against online video streaming startup Aereo.  —  Justice Department lawyers argued that Aereo's broadcast television streaming service infringes …
Reuters:
Ukraine hit by cyberattacks: head of Ukraine security service  —  (Reuters) - Ukraine's telecommunications system has come under attack, with equipment installed in Russian-controlled Crimea used to interfere with the mobile phones of members of parliament, the head of Ukraine's SBU security service said on Tuesday.
Tess / Uber Blog:
Uber to update its iOS app this week allowing users to be notified if surge pricing ends within 30 minutes  —  What Goes Up Must Come Down: Introducing Surge Drop  —  Last Monday, in his keynote address to the Launch Festival, our CEO Travis hinted at a new feature that would …
Marc Perton / Engadget:
10 Years In: The birth of Engadget  —  The evening of June 23, 2005, wasn't especially hot in New York City, at least by historical standards.  The day's high was a mere 79 degrees, slightly below average for late June, and well below the record for the day of 96.
Tweets: @engadget
Jason Del Rey / Re/code:
With Square Capital, Square Begins Offering Controversial Merchant Cash Advances  —  Square's search for new revenue streams is pushing it toward a controversial industry: Merchant cash advances.  —  The financial product, which operates outside of the regulation of loans …
More: TechCrunch, Inc.com, WebProNews and PE Hub BlogTweets: @caseynewtonThanks:@delrey
Stuart Dredge / Guardian:
Flappy Bird clones account for 95 out of 300 new iOS games in 24 hour period  —  Here are 95 Flappy Bird-inspired iOS games... released in the last 24 hours  —  From Tappy Bieber and Annoying Flappy Fly to Flappy Beard Hipster Quest and Flying Mustache  —  Tappy Bieber is just one of the Flappy Bird clones hitting the App Store.
More: Cult of MacTweets: @stevenf
Tom Cheredar / VentureBeat:
Game-rental service Gamefly now getting into movies to compete with Netflix  —  Updated at 3:40 p.m. PST with a response from Gamefly CEO Dave Hodess.  —  Video game rental service Gamefly has launched a new movie rental business that will take on Netflix's disc-by-mail business.
Capital New York:
Culture blog The Awl bolsters its tech writing talent, hires Buzzfeed's John Herrman and The New Yorker's Matt Buchanan  —  The Awl hires Matt Buchanan from The New Yorker, John Herrman from Buzzfeed  —  Matt Buchanan and John Herrman are leaving their positions at The New Yorker and Buzzfeed …
Suzanne Vranica / Wall Street Journal:
Samsung spent nearly $20M on ad time during Oscars; Galaxy Note 3 used for Ellen's selfie shot  —  Behind Oscar Selfie: Samsung's Ad Strategy  —  Marketer Spent Nearly $20 Million on Ad Time—and Got Product Placement for Galaxy Phone  —  Samsung Electronics Co. likely spent nearly $20 million …

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