Techmeme
May 7, 2014, 4:45 PM

Top News

John Paczkowski / Re/code:
Apple's worldwide communications VP Katie Cotton retiring after nearly two decades at the company  —  Code/red: Apple PR Impresario Katie Cotton to Retire  —  // HAPPENING TODAY  — Yahoo CEO Marissa Mayer will drop by TechCrunch Disrupt to dodge some questions.  — AOL will be hammered following an earnings miss.
Alex Wilhelm / TechCrunch:
Marissa Mayer Explains Why Yahoo Is Undervalued  —  On stage today at TechCrunch Disrupt New York, Yahoo CEO Marissa Mayer pushed against the narrative that Yahoo is worth nothing.  The company has a market capitalization in the tens of billions, but it's been pointed out that if you add …
Barb Darrow / Gigaom:
Google snaps up Stackdriver and its cloud analysis expertise  —  Another small, smart Boston-area startup has been acquired by a Silicon Valley superpower.  Google is buying Stackdriver, which specializes in monitoring and honing cloud workload performance.
Bob Rosin / Official LinkedIn Blog:
LinkedIn partners with Evernote to scan business cards, will shut down its CardMunch app  —  Evernote + LinkedIn: Powering Professional Relationships  —  Business cards are one of the many ways people initiate professional relationships, so it is important to us that our members can quickly …
United Nations:
UN telecom agency predicts 3B Internet users, 2.3B mobile broadband subscriptions by end of 2014  —  Internet well on way to 3 billion users, UN telecom agency reports  —  Releasing new statistics today, the United Nations International Telecommunications Union (ITU) announced that by end 2014 …
Arik Hesseldahl / Re/code:
SAP Fires Cloud Chief Shawn Price and Realigns Company  —  SAP has fired the head of its cloud business unit Shawn Price, sources familiar with the move tell Re/code, in what appears to be a significant strategic realignment of the German business software giant.
Nicole Lee / Engadget:
TuneIn tries reinventing itself as a social network for audio  —  What do you do to improve a service with over 50 million active users?  Why, totally revamp it of course.  It sounds crazy, but that's exactly what TuneIn, an audio service that lets you listen to podcasts and radio stations from around the world, did.
Paul Mozur / Wall Street Journal:
‘Unparalleled Ruthlessness’ Awaits: Jack Ma's Letter to Alibaba Employees.  —  One element missing from Alibaba's initial public offering prospectus - weighing in at 248 pages before notes and exhibits - was a letter from founder Jack Ma.  —  People familiar with the matter had said that some missive …
Mercury News:
Rich Trenholm / CNET News:
Samsung Knox 2.0 makes Galaxy S5 safe for work with split billing  —  Samsung has updated its business-focused Knox with a dedicated app store and split billing so you can pay for work and personal calls separately.  —  Samsung gets down to business with Knox 2.0 on the S5  —  Samsung
Clare O'Connor / Forbes:
Jeff Bezos quietly attacks the $7.2 trillion B2B wholesale market with AmazonSupply  —  Amazon's Wholesale Slaughter: Jeff Bezos' $8 Trillion B2B Bet  —  In recent months global Internet retail behemoth Amazon.com has green-lit six new original TV shows, announced an online streaming deal …
Roberto Baldwin / The Next Web:
Andy Baio crowdfunds $30,000 in 90 minutes to relaunch community event site Upcoming  —  Serial co-founder Andy Baio re-introduced Upcoming, the collaborative events site.  Purchased by Yahoo in 2005 and shutdown last year, Baio is relaunching the site via Kickstarter.
Quentin Hardy / New York Times:
HP to invest $1B over two years in OpenStack, integrate its cloud services under HP Helion brand  —  HP Makes $1 Billion Bet on Open Cloud  —  Hewlett-Packard is making its big bet on cloud computing, with a significant change of its own products and business, and the biggest endorsement yet …
Erin McCarthy / Wall Street Journal:
Pandora tests Promoted Stations native ad product with 10% of users  —  Pandora Launches Promoted Stations  —  Internet Radio Service Seeks to Boost Advertising Revenue  —  Pandora Media Inc. continued its push to boost advertising revenue Wednesday, launching so-called promoted stations that partner with advertisers.
Ryan Tate / Wired:
Next Big Thing You Missed: Inside Tindie, a Thriving New Marketplace for DIY Gadgets  —  By day, Emile Petrone was a web programmer.  But in his spare time, he would tinker with the Ardruino and the Raspberry Pi, two inexpensive kits that let you build your own hardware devices.
More: PandoDaily
Sam Byford / The Verge:
Nintendo reports third consecutive annual loss as Wii U sales fizzle out  —  Nintendo made an annual operating loss for the third consecutive year in 2013, ending up ¥46.4 billion ($457 million) in the red as Wii U sales failed to pick up following the holiday season.
David Talbot / MIT Technology Review:
VCs say net neutrality proposal hurts startups that need fast connections or lots of bandwidth  —  Talk of an Internet Fast Lane Is Already Hurting Some Startups  —  Some VCs say the FCC's latest net neutrality proposal will raise costs for startups that need fast connections or use a lot of bandwidth.

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