Techmeme
March 6, 2014, 5:05 AM

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.
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.
Reuters:
EBay CEO says top shareholders agree PayPal should stay put  —  (Reuters) - EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they support his efforts to resist demands by activist investor Carl Icahn for a spin-off of the PayPal unit.
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 …
Rohin Dhar / Priceonomics Blog:
San Francisco house prices are going up, but not the 60-80% over asking price cited by NYT  —  Fact Checking The New York Times and Redfin  —  Over the weekend, The New York Times about San Francisco real estate titled “The Housing Market with Nowhere to Go (But Up).”  As we've previously shown, and are going way up.
Tweets: @joshconstine and @ikaiThanks:@rohindhar
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 …
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 …
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.
Emil Protalinski / The Next Web:
Stripe updates Checkout with better address support, new device-specific design, option to save payment info  —  Stripe today announced its first major update to Stripe Checkout, its attempt at the most straightforward payment experience possible.  The new release includes expanded address support …
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 …

Sponsor Posts

Microsoft:
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Freshdesk:
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VMware:
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Zoho:
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Pure Storage:
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