Techmeme
May 6, 2014, 4:50 PM

Top News

Jeffrey Hightower / Google LatLong:
Google Maps apps add lane directions, ability to save maps for offline use, Uber integration, more  —  Get on the road, go off the grid, or plan the perfect weekend with the Google Maps app  —  When your life is moving fast, you need tools to keep up with your pace.
Jenna Wortham / New York Times:
VSCO, a Digital Photography Company, Raises $40 Million From Accel Partners  —  Chances are, if you have used Instagram, you have come across the hashtag #VSCO or #VSCOCam.  —  Both refer to a feature-rich camera application developed by a Bay Area start-up, Visual Supply Company …
Reuters:
Twitter shares fall over 17% to all-time low as lock-up period for 470M shares expires  —  Twitter shares slump as stock lock-up expires  —  (Reuters) - Shares of Twitter Inc fell more than 12 percent in morning trading on Tuesday after the expiration of a six-month “lock-up” …
Joel Rosenblatt / Bloomberg:
Samsung to Fight Apple Smartphone Trial Verdict: Lawyer  —  Samsung Electronics Co. (005930) will challenge a jury's $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Suwon, South Korea-based company said.
Sean Hollister / The Verge:
Microsoft will hold a ‘small’ Surface event on May 20th  —  Microsoft has reportedly been working on a miniature version of its Surface tablet for nearly two years, but the wait may be over.  The company has just sent out invitations to a Microsoft Surface event on May 20th, with the tagline “Join us for a small gathering.”
Brian Fagioli / BetaNews:
Graham Cluley:
Dropbox fixes one of two vulnerabilities that allowed users to accidentally leak shared file URLs to third parties  —  Dropbox users leak tax returns, mortgage applications and more  —  If you are using file-sharing systems like Dropbox and Box without proper care and attention …
Ingrid Lunden / TechCrunch:
Flux Emerges From Google X And Nabs $8M To Help Build Eco-Friendly Buildings  —  Google X, the search giant's lab that has dedicated its work to new, unchartered moonshot concepts, has made a name for itself through its work on self-driving cars, smart contact lenses and dozens of other projects worthy of their own sci-fi novels.
Alex Wilhelm / TechCrunch:
Groupon Beats In Q1 With $757.6M In Revenue, Non-GAAP EPS Of -$0.01  —  After the bell today Groupon reported its first quarter financial performance, including revenue of $757.60 million, and non-GAAP earnings per share of $0.01.  Analysts had expected for the company to earn $0.03 per share (non-GAAP) on revenue of $740 million.
Frederic Lardinois / TechCrunch:
Instead of buying spectrum for Project Loon, Google will lease balloons to existing telcos  —  How Google Plans To Work With Telcos On Project Loon  —  During his appearance at TechCrunch Disrupt NY today, Google's “Captain of Moonshots” Astro Teller briefly talked about Project Loon …
Harrison Weber / VentureBeat:
Tumblr rolls out in-app themes, finally becomes a mobile company  —  What's next in mobile?  Find out at MobileBeat, VentureBeat's 7th annual event on the future of mobile, on July 8-9 in San Francisco.  Register now and save $400!  —  “It's not just our mobile app any more.  It is Tumblr.”
Leslie Picker / Bloomberg:
Alibaba Files to Go Public in US IPO of E-Commerce Giant  —  Alibaba Group Holding Ltd., which rode China's emergence as an economic superpower over the past 15 years to become a massive online marketplace for everything from forks to forklifts, filed today for what could become the largest U.S. initial public offering ever.
Jeffrey Grubb / VentureBeat:
Electronic Arts' Q4 crushes Wall Street estimates  —  Titanfall publisher Electronic Arts reported earnings today that surpassed expectations for its fiscal fourth quarter, which ended March 31.  —  The publisher reported an earnings per share (EPS) of 48 cents compared to estimates of only 11 cents.
Arik Hesseldahl / Re/code:
FireEye to Acquire nPulse in Deal Valued at $70 Million  —  FireEye, the hot Internet security company that went public last year and then quickly set about acquiring other companies, has announced another deal.  —  The company says it will pay a combined $70 million in cash and stock …
John Biggs / TechCrunch:
Security Cam Maker Dropcam Announces A Location-Based Motion Sensor  —  Dropcam, the makers of a plug and play security camera system, announced a new sensor, called Tabs, to add new functionality to the camera platform.  The device, which is about as big as a stick of gum …

Sponsor Posts

Microsoft:
From Marine Corps general to Microsoft VP  —  Microsoft's new VP for military affairs aims to expand the company's already broad slate of support programs for veterans.
HP:
To Handle the Big Data Deluge, HP Plots a Giant Leap Forward  —  In 1965, Gordon E. Moore published the now-famous prediction that computer processors would double in power every two years.
VMware:
Your Grandfather's Backup Tools Weren't Built for Today's Virtual Environments.  —  When the health of your business rides on the availability of your virtual machines and the applications they run …
Zoho:
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Frederic Lardinois / TechCrunch: