Techmeme
May 7, 2014, 7:15 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  —  Katie Cotton, Communications VP Who Helped Shape Apple's Story, Retiring  —  Big news out of Apple today.
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 …
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 …
George Avalos / Mercury News:
LinkedIn eyes major expansion in Mountain View that could add 10,000 workers  —  MOUNTAIN VIEW — LinkedIn and a developer have submitted proposals to city officials for multiple office buildings in Mountain View where the technology giant could employ at least 10,000 new workers, according to proposals submitted to city officials.
Spencer Ackerman / Guardian:
USA Freedom Act unanimously clears House Judiciary Committee  —  Surveillance reform bill designed to prevent collection of US phone data in bulk and is first to proceed onto the House floor  —  Six months after it was written to restrain the National Security Agency's sweeping domestic surveillance …
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.
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.
Stacey Higginbotham / Gigaom:
Amazon, Netflix and tech giants defend net neutrality in letter to FCC  —  In a rare public stand for the internet retailer, Amazon has come out against the Federal Communications Commission's purported plan to bifurcate the internet into faster and slow lanes as part of its new network neutrality rules.
Jay Yarow / Business Insider:
Shares in mobile ad network Millennial Media drop over 40% in after-hours trading following worse than expected earnings  —  A Once-Hot Mobile Ad Network Is Crashing After Horrible Earnings  —  This is an eye popper: Millennial Media is down 45% in after hour trading following an earnings report that was worse than expected.
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 …
Leena Rao / TechCrunch:
Layer Raises $14.5M From Homebrew, Jerry Yang To Be The Communications Platform For Mobile And Web Apps  —  Communications platform for mobile and web apps and Disrupt SF 2013 winner Layer has raised $14.5 million in Series A funding from Homebrew, AME Cloud Ventures (Jerry Yang's investment vehicle) …
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 …
John Cook / GeekWire:
Zillow posts record Q1 revenue of $66.2M, but net loss grows as ad spending increases  —  Zillow continues to invest heavily in its brand — part of an attempt to become the dominant player in online real estate.  But that investment is coming with a cost for the Seattle company.
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.
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
Paul Mozur / Wall Street Journal:

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