Techmeme
March 6, 2014, 8:45 PM

Top News

Leah McGrath Goodman / Newsweek:
Elusive bitcoin founder Satoshi Nakamoto is reportedly a 64-yr old living in California  —  The Face Behind Bitcoin  —  Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous.  And annoyed.  He's wearing a rumpled T-shirt, old blue jeans and white gym socks …
Timothy B Lee / Bottom-up:
Nakamoto's disappearance was essential to Bitcoin's growth  —  Why Satoshi Nakamoto worked so hard to hide his identity  —  We may now know who Satoshi Nakamoto, the creator of Bitcoin, is.  According to Newsweek, he's a reclusive 64-year old Japanese man who lives in Temple City, California.
Jeff Garzik / Bitcoin Foundation:
The Bitcoin project is decentralized; it has no leader by design  —  We Are All Bitcoin  —  There is never a dull moment in Bitcoin.  Today we have seen heightened media speculation on the identity of Satoshi Nakamoto.  As of this writing, we have seen zero conclusive evidence that the identified person is the designer of Bitcoin.
More: newsBTCTweets: @rjwile and @jgarzik
Brooks Barnes / New York Times:
Disney's Game and Internet Division Cuts One Quarter of Its Workforce  —  GLENDALE, Calif. - Disney's struggling video game and Internet division laid off roughly 700 employees on Thursday, or 26 percent of its global staff, in a major retrenchment that includes a shift in advertising strategy at Disney.com.
Dan Primack / Fortune:
Sean Parker formally leaves Founders Fund  —  Sean Parker will not make new investments for Founders Fund, but will maintain board seats like Spotify.  —  FORTUNE — Sean Parker is no longer making new investments on behalf of Founders Fund, a San Francisco-based venture capital firm …
More: TechCrunch, Forbes, bizjournals, Gawker and Pulse 2.0Tweets: @tim
Darrell Etherington / TechCrunch:
Spotify Acquires The Echo Nest, Gaining Control Of The Music DNA Company That Powers Its Rivals  —  Spotify has acquired The Echo Nest, as revealed by an official blog post today.  The financial details of the acquisition haven't been revealed, but The Echo Nest is a self-described …
Peter Kafka / Re/code:
Machinima to lay off 42 sales employees as it raises $18M more, led by Warner Bros.  —  Warner Bros. Gets Ready to Bet on YouTube With a Machinima Investment  —  Screengrab courtesy of Machinima via YouTube  —  Machinima, the YouTube network for gamers, has finally found the money it has been looking for.
Romain Dillet / TechCrunch:
DigitalOcean Raises $37.2M From Andreessen Horowitz To Take On AWS  —  Cloud hosting company DigitalOcean raised a Series A round of $37.2 million at a $153 million valuation led by Andreessen Horowitz.  Previous investors IA Ventures and CrunchFund also participated, but Andreessen Horowitz …
Colleen Taylor / TechCrunch:
After 2 Years In Beta, Findery Launches Its Geo-Tagged Story Sharing App On iOS Worldwide  —  Findery's Caterina Fake On New iPhone App  —  In a city like San Francisco, there are tons of stories packed into every block — there's the one building that didn't burn down in the 1906 earthquake and fire …

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 …
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