Techmeme
May 12, 2014, 7:15 PM

Top News

Yinka Adegoke / Billboard:
Jimmy Iovine and Dr. Dre could be unveiled as Apple executives at WWDC, deal to be announced later this week  —  Apple May Unveil Iovine, Dr. Dre Exec Appointments at June Conference  —  Apple could unveil Jimmy Iovine and Dr. Dre as its latest recruits at its Worldwide Developers' Conference in June …
Adam Satariano / Bloomberg:
Apple interested in Beats for paid streaming conversion rate, plans to improve its headphones  —  Apple's Deep Ties With Iovine Key Driver of Beats Deal  —  When news spread last week that Apple Inc. (AAPL) was near an acquisition of Beats Electronics LLC for $3.2 billion …
Jason Del Rey / Re/code:
Square Finally Gives Up on Square Wallet and Bets on New Order-Ahead App  —  The grand Square Wallet experiment is over.  As of today, Square has pulled the app from the Apple and Google app stores.  At the same time, it is introducing Square Order, an app that lets shoppers place pick-up orders from …
Paul Rosania / The Twitter Blog:
Twitter's new mute feature lets you hide users from your home timeline  —  Another way to edit your Twitter experience: with mute  —  Today we're beginning to introduce a new account feature called mute to people who use our iPhone and Android apps and twitter.com.
Mary Jo Foley / ZDNet:
Microsoft's ‘Mohoro’ Windows-as-a-service released as a public preview  —  Summary: Microsoft is entering the desktop-as-a-service space with its new Azure Remote App service, which is available as a free public preview.  —  Microsoft is releasing its desktop-as-a-service, codenamd 'Mohoro," in public preview form as of today, May 12.
More: CITEworld and ZDNet
Wall Street Journal:
AT&T could seal deal to take over DirecTV within two weeks, for around $50B  —  AT&T Could Strike Deal For DirecTV In As Soon As Two Weeks  —  AT&T Would Likely Pay A Combination of Cash, Stock  —  AT&T Inc. is moving quickly to seal a takeover deal with DirecTV …
David Streitfeld / New York Times:
One plaintiff in Silicon Valley no-hire agreement lawsuit asks judge to reject the deal his own lawyers negotiated  —  Plaintiff Maligns Deal in Silicon Valley Suit  —  SAN FRANCISCO — Apple has more than $150 billion in the bank, eclipsing the combined cash reserves of Israel and Britain.
Reuters:
Exclusive: Air traffic system failure caused by computer memory shortage  —  (Reuters) - A common design problem in the U.S. air traffic control system made it possible for a U-2 spy plane to spark a computer glitch that recently grounded or delayed hundreds of Los Angeles area flights …
Bloomberg:
Facebook Said to Take Steps to Open a China Sales Office  —  Facebook Inc. (FB) is taking steps to open a sales office in China to work with local advertisers, according to people with knowledge of the matter, in a move that would put the social network's employees in the country for the first time …
More: The Next WebTweets: @sarahfrier
Rachel King / ZDNet:
Rackspace beats Q1 earnings targets with $421M in revenue  —  Summary: Rackspace shares shot up by roughly 10 percent in after-hours trading as soon as the report dropped.  —  Rackspace turned in its first quarter earnings statement after the bell on Monday.

Sponsor Posts

Microsoft:
5 mind-bending facts about quantum computing  —  In GIF form, five of the most mind-bending things scientists have learned about life on an atomic and sub-atomic level.
Freshdesk:
How to not sound like a robot in your email notifications?  —  Your notifications don't have to be just notifications.  They can be another opportunity to charm your customers and to keep them hooked.  Learn how.
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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Pure Storage:
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