Techmeme
April 9, 2014, 1:25 PM

Top News

Bruce Schneier / Schneier on Security:
Heartbleed is a catastrophic bug in OpenSSL, on a scale of 1 to 10, it is an 11  —  Heartbleed is a catastrophic bug in OpenSSL: … Basically, an attacker can grab 64K of memory from a server.  The attack leaves no trace, and can be done multiple times to grab a different random 64K of memory.
Matthew Green / A Few Thoughts …:
Timothy B. Lee / Vox:
Jason Del Rey / Re/code:
Sources: Apple not interested in acquiring Square, Jack Dorsey not keen on selling it to Google  —  A Sale or IPO or More Funding?  Here's What Might Be Next for Square.  —  Of all the many high-profile Internet companies, perhaps none has attracted more speculation than Square.  It makes sense.
Liz Gannes / Re/code:
Quora Raises $80M Led by Tiger Global, Now Valued at $900M  —  Q&A startup Quora, while not quite the buzzy Silicon Valley startup it was when it first started, has nonetheless joined the club of extremely richly valued startups raising money from big East Coast investment funds.
Noel Randewich / Reuters:
Intel closes Costa Rica operation, cuts 1,500 jobs  —  (Reuters) - Chipmaker Intel, struggling with a shrinking personal computer market, is shutting its assembly and test operation in Costa Rica and eliminating 1,500 jobs, a spokesman said on Tuesday.  —  The closure of the site …
Ingrid Lunden / TechCrunch:
Kabbage Gets $270M More To Lend To Small Online Merchants  —  Kabbage, a platform for online merchants to borrow working capital, is picking up some cabbage of its own: the startup has closed a $270 million credit facility from Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners.
Edward Wyatt / New York Times:
Senate Committee Begins Its Review of Comcast Deal  —  WASHINGTON — Comcast took its case for acquiring Time Warner Cable to Capitol Hill on Wednesday, arguing at a Senate hearing that its proposed $45 billion takeover would benefit consumers by generating greater investment …
Pankaj Mishra / TechCrunch:
India's Flipkart Nears $330M Myntra Deal, As Common Investors Push To Fight Amazon, eBay  —  India's biggest e-commerce company, Flipkart, is in the final stages of completing a merger deal with the country's fast growing online fashion retailer Myntra, in what could potentially create …
Qwilt:
Report: Amazon tops Hulu and Apple to become third largest video streaming service after Netflix and YouTube  —  Amazon Rising - Amazon's Streaming Video Surpasses Hulu and Apple  —  “Amazon.com rivals Wal-Mart as a store, Apple as a device maker, and IBM as a data services provider.
Kia Kokalitcheva / VentureBeat:
Smart-home veteran iControl buys security device Piper to let you play Big Brother  —  While “smart home” companies such as Nest and SmartThings have been making all the headlines lately, industry veteran iControl Networks is scooping up a company to add to its Big Brother-like arsenal of connected home offerings.
More: Gigaom and TechCrunch

Sponsor Posts

Microsoft:
The quest for a quantum future  —  Decoding the secret language of the universe at Station Q, Microsoft's center for quantum computing research.
Freshdesk:
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VMware:
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