Techmeme
March 20, 2014, 5:55 PM

Top News

Wall Street Journal:
Airbnb In Advanced Talks to Raise Funding at a $10 Billion Valuation  —  Private-Equity Firm TPG Likely to Lead Funding Round for the Online Home-Rental Marketplace  —  Airbnb Inc. is in advanced talks to raise funds that would value the online home-rental marketplace at more than $10 billion …
Lorraine Luk / Wall Street Journal:
China Mobile Added About 1 Million New iPhone Users in February  —  HONG KONG— China Mobile Ltd added about one million new iPhone users last month after it started offering the popular smartphone in mid-January, Chief Executive Li Yue said Thursday.  —  The comment came hours …
Emil Protalinski / The Next Web:
Gmail now always uses an HTTPS connection and encrypts all messages moving internally on Google's servers  —  Google today announced it has made security improvements to Gmail to further protect users' emails from snooping.  Gmail now always uses an encrypted HTTPS connection when you check or send email …
PC World:
Microsoft's DirectX 12 to boost gaming on PCs, mobile devices  —  San Francisco—Meet the next generation of gaming graphics.  DirectX 12 is faster, lighter-weight, and more predictable said Anuj Gosalia, Development Manager for Graphics at Microsoft, at the Game Developers Conference on Thursday …
Katherine Rosman / Wall Street Journal:
Fitbit Now Faces a Class-Action Suit in Rash Fallout  —  A month after Fitbit issued a recall of its fitness-tracking bracelet following complaints of blisters and rashes, the startup now faces its first lawsuit.  —  The suit, filed on Monday in the Superior Court of California in the County of San Diego …
Tom Cheredar / VentureBeat:
Ad platform Rubicon Project sets $108M IPO  —  Advertising platform Rubicon Project has announced terms for an initial public offering today that will have the company seeking to raise $108 million.  —  Rubicon Project operates an automated digital ad exchange that allows you to both buy and sell ads.
Mike Isaac / Re/code:
As Messaging Wars Escalate, Social App Tango Raises $280 Million  —  Social startup Tango announced Thursday that it had raised a massive $280 million Series D round of venture funding, the latest significant move among a handful of high-profile apps all vying to own the mobile messaging space.
eMarketer:
Driven by Facebook and Google, Mobile Ad Market Soars 105% in 2013  —  Mobile ad spending on pace to reach $31.45 billion this year  —  Last year, global mobile ad spending increased 105.0% to total $17.96 billion, according to new figures from eMarketer.  In 2014, mobile is on pace …
Mary Jo Foley / ZDNet:
Seagate CEO Luczo departs from the Microsoft board  —  Summary: Musical chairs among Microsoft's board members continues, with Seagate's CEO departing the board.  —  The Microsoft board musical chairs are continuing, with Seagate Chairman and CEO Stephen Luczo announcing on March 20 …
John Kell / Wall Street Journal:
Symantec Fires CEO Steve Bennett  —  Symantec Corp. has fired President and Chief Executive Steve Bennett, the second time the software company has dumped its top executive in less than two years.  —  Symantec, which produces Norton antivirus software, among other products …

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