Techmeme
March 5, 2014, 11:50 PM

Top News

JP Mangalindan / Fortune:
CNN sells Zite to Flipboard in all-stock transaction worth more than the $20M CNN paid in 2011  —  Flipboard buys Zite news app from CNN  —  The standalone iPad news app will eventually be shut down and integrated into Flipboard.  Also: Zite's CEO tells Fortune why he left.
Gemma Padley / British Journal of Photography:
Getty Images makes 35 million images free in fight against copyright infringement  —  Getty Images has single-handedly redefined the entire stock photography market with the launch of a new embedding feature that will make more than 35 million images freely available to anyone for non-commercial usage.
Russell Brandom / The Verge:
Getty's new embed feature allows free use of its photos for non-commercial use  —  The world's largest photo service just made its pictures free to use  —  Getty Images is betting their business on embeddable photos  —  If you go to the Getty Images website, you'll see millions of images, all watermarked.
Bloomberg:
Bill Gates, Satya Nadella, Tony Bates and Microsoft's board all initially opposed Ballmer's plan for Nokia acquisition  —  Microsoft's Nadella Manages Legacy of Ballmer-Board Split  —  New Microsoft Corp. CEO Satya Nadella is seeking to reshape a company whose main businesses are losing steam …
Reid Hoffman / LinkedIn Pulse:
Short-term Profit Taking vs. Long-term Value Creation: The Future of PayPal  —  In January, activist investor Carl Icahn acquired around 2 percent of eBay's stock.  A month or so later, eager for a return on his investment, he published an open letter to eBay's shareholders.
Tim Peterson / AdAge:
Apple Bringing Full-Screen Video iAds to Mobile  —  iPhone Maker May Sell the Ads Thru Company's New Ad Exchange  —  How Advertising Performs in a Social Media World  —  Coming to an iPad near you: iAds that look a lot like TV ads.  —  Apple will roll out new video iAds this year …
Evelyn M. Rusli / Wall Street Journal:
Founders Fund Raises $1 Billion for New Venture-Capital Fund  —  Founders Fund, a backer of Facebook and Space Exploration Technologies, has closed $1 billion in new financing for a fifth fund, the firm announced on Wednesday.  —  The new vehicle is quite a step up from the $50 million …
Reuters:
Exclusive: DirecTV in talks with Disney on deal for Internet rights  —  (Reuters) - DirecTV is in talks with Walt Disney Co to license the rights to offer Disney's broadcast and cable channels as part of an Internet-based product, DirecTV said on Wednesday.  —  The deal would mirror …
Jeff Elder / Wall Street Journal:
Yielding to Pressure, Facebook Restricts Gun Promotion on Social Network … Facebook announced Wednesday new restrictions on promoting guns on the social network, amid pressure from groups favoring gun control.  —  In a blog post, Facebook said it will remove offers to sell guns without background checks …
Taylor Soper / GeekWire:
Yahoo acquires social media visualization startup Vizify  —  Vizify, a Portland-based startup that turns your social media chatter into visualizations, today was acquired by Yahoo.  —  Founded by Todd Silverstein, Jeff Cutler-Stamm, and Eli Tucker in 2011, Vizify is all about helping individuals make great first impressions.
Biz Carson / Gigaom:
CrossCoin Ventures launches first Ripple startup accelerator  —  With Bitcoin's woes, could it be time for Ripple to shine?  CrossCoin Ventures plans to announce Wednesday that it is launching the first Ripple digital currency accelerator, which will be based in San Francisco.
Brooke Crothers / CNET:
Corning exec: sapphire crystal displays are expensive, heavy, and environmentally unfriendly  —  Corning exec slams sapphire —rumored for Apple device  —  A Corning executive launched a blistering critique of sapphire crystal, used as a protective material for displays, on Tuesday.
Dean Takahashi / VentureBeat:
OnLive is reborn with IGN founder as chief and two new cloud-based gaming services  —  Above: OnLive leaders Rick Sanchez, Mark Jung, and Gary Lauder.  —  Image Credit: Dean Takahashi  —  OnLive has announced that former IGN chief Mark Jung is its new executive chairman …
Anne d'Innocenzio / Associated Press:
Target tech chief resigns as it overhauls security  —  Target says tech chief resigns as part of security overhaul following data breach  —  NEW YORK (AP) — Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security …
Brian Krebs / Krebs on Security:
Sally Beauty Hit By Credit Card Breach  —  Nationwide beauty products chain Sally Beauty appears to be the latest victim of a breach targeting their payment systems in stores, according to both sources in the banking industry and new raw data from underground cybercrime shops that traffic in stolen credit and debit cards.
Cam Bunton / TmoNews:
94% of T-Mobile Blackberry promo participants switched to other smartphones  —  94% of BlackBerry trade-ins switched to other platforms during promo … Tomorrow, March 5th, the $200 trade-in for an old BlackBerry device offer is ending.  We've already heard from T-Mobile's CMO …
Kim-Mai Cutler / TechCrunch:
NASDAQ Finally Launches Its Market For Privately-Held Companies  —  Just as the JOBS Act kickstarts bigger markets for shares of privately-held companies, NASDAQ is launching its own entrant in the field.  —  The U.S. stock exchange, which hosts tech companies like Apple, Google and Facebook …

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