Techmeme
March 6, 2014, 10:30 PM

Top News

Ryan Nakashima / Associated Press:
Dorian S. Nakamoto denies he's Bitcoin founder, heard of Bitcoin 3 weeks ago  —  AP Exclusive: Man denies he's bitcoin founder … LOS ANGELES (AP) — The man Newsweek claims is the founder of Bitcoin denies he had anything to do with the digital currency.
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 …
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.
Chris Welch / The Verge:
Vine officially bans all sexually explicit content  —  Vine has previously taken steps to hide pornographic and sexually explicit videos that users share, but today it's outright banning the content.  The company has updated both its rules and terms of service to prohibit sexually explicit material.
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
Bloomberg:
Spotify Said to Seek Credit Facility in Step Toward IPO  —  Spotify Ltd., the Stockholm-based music-streaming company backed by billionaire Li Ka-Shing, is speaking with banks about raising a credit facility, a move that could presage an initial public offering in the U.S., people with knowledge of the matter said.
Darrell Etherington / TechCrunch:
Dan Goodin / Ars Technica:
Scientist-devised crypto attack could one day steal secret Bitcoin keys  —  Exposing a previously unknown weakness in the cryptographic system securing bitcoins, scientists have devised an attack that can steal large amounts of the digital currency when hackers run even unprivileged software on the same computer processing the coins.
Jason Koebler / Motherboard:
Commercial Drones Are Completely Legal, a Federal Judge Ruled  —  For the moment, commercial drones are, unequivocally, legal in American skies after a federal judge has ruled that the Federal Aviation Administration has not made any legally binding rules against it.
Zachary M. Seward / Quartz:
Twitter ad rates down 18% Q4 2013 according to annual report  —  Twitter's ad rates continue falling, down 18% last quarter  —  Twitter's advertising rate keeps falling.  —  The average cost to advertise on Twitter's website and mobile apps dropped 18% in the last three months of 2013 …
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.

Sponsor Posts

Microsoft:
For Bing's Kevin White, red wine and data science are the perfect pairing  —  On paper, red wine and data mining hardly seem an appropriate pair.  One goes with meats, the other with user experiences.
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 …
VMware:
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