Techmeme
May 16, 2014, 1:20 AM

Top News

Jon Brodkin / Ars Technica:
FCC votes for Internet “fast lanes,” but could change its mind later  —  The Federal Communications Commission today voted in favor of a preliminary proposal to allow Internet “fast lanes,” while asking the public for comment on whether the commission should change the proposal before enacting final rules later this year.
Stacey Higginbotham / Gigaom:
Here's that FCC net neutrality compromise everyone demanded.  And here's the problem.  —  On Thursday, the FCC commissioners voted 3-2 to approve a framework for net neutrality rules that continue to favor the creation of an internet fast lane while exploring a line of inquiry into the idea …
Alex Wilhelm / TechCrunch:
Lauren Orsini / ReadWrite:
Pinterest Raises A $200 Million Warchest To Do Battle With Google  —  Pinterest has raised $200 million from investors in a deal that values the company at $5 billion, a source close to the company told ReadWrite.  (Update: The company is now confirming its financing.)
Electronic Frontier Foundation:
Most tech giants now score well in EFF's first post-Snowden “Who Has Your Back?” report  —  Who Has Your Back?  —  Protecting Your Data from Government Requests — We entrust our most sensitive, private, and important information to technology companies like Google, Facebook, and Verizon.
Patrick Hoge / San Francisco Business Times:
Zendesk stock soars 49 percent on first trading day  —  Zendesk stock leaped 49 percent ong Thursday as the San Francisco-based cloud-based customer service software provider debuted on the New York Stock Exchange (NYSE: ZEN), to close at $13.43 per share, up $4.43, after pricing at $9 the previous night.
Ibrahim Elbouchikhi / Android Developers Blog:
Google Play now accepting PayPal, opens carrier billing and gift cards sales to more countries  —  Helping You Go Global with More Seamless Google Play Payments  —  By Ibrahim Elbouchikhi, Google Play Product Manager  —  Sales of apps and games on Google Play are up by more than 300 percent over the past year.
Juli Clover / MacRumors:
Apple Releases OS X 10.9.3 With Enhanced Support for 4K Displays, Syncing Improvements  —  Apple today released OS X 10.9.3, after two months of developer testing.  The last 10.9.3 developer beta, build 13D61, was released just over a week ago.  —  The update, which is recommended for all Mavericks users …
Serena Saitto / Bloomberg:
Uber Said to Be in Funding Talks for More Than $10B Value  —  Uber Technologies Inc. is seeking to join the $10 billion-plus club.  —  The San Francisco-based startup, which makes a mobile application for car-service booking, is in talks to raise new financing in a round that may value …
Myles Tanzer / BuzzFeed:
Internal NYT report on digital publishing: weak support systems, neglect of social promotion, editors “unfamiliar with the web”, more  —  Exclusive: New York Times Internal Report Painted Dire Digital Picture  —  “Our journalism advantage is shrinking,” a committee led by the publisher's son warned.

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