Techmeme
May 16, 2014, 9:10 AM

Top News

Alex Wilhelm / TechCrunch:
Jon Brodkin / Ars Technica:
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.)
Alexia Tsotsis / TechCrunch:
Marketing Exec Ivy Ross Is The New Head Of Google Glass  —  Some significant HR changes at Google Glass we're hearing.  First off is the departure of lead electrical engineer Adrian Wong, to competing facecomputer Oculus.  Second off is the bringing on of Art.com's Chief Marketing Officer Ivy Ross to head the division.
Josh Constine / TechCrunch:
Google Glass' Lead Electrical Engineer Adrian Wong Defects To Oculus  —  Adrian Wong still lists himself as a “professional daydreamer” on LinkedIn, but he's just left Google[x] where he was a lead electrical engineer on Glass to start “Building the Metaverse” at Oculus VR.
More: Ubergizmo and 9to5GoogleTweets: @spencerchen
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.
Juli Clover / MacRumors:
Developers Now Able to Provide Promo Codes for In-App Purchases  —  Apple appears to be allowing developers to create promo codes for in-app purchases, a useful feature that makes it far easier to test and promote freemium games and apps with content that can only be purchased within an app once it has been downloaded.
Casey Newton / The Verge:
Circle lets you purchase, store and send bitcoins without fees, launches today, still invitation only  —  Circle wants to be your friendly neighborhood bitcoin bank  —  The implosion and subsequent liquidation of bitcoin exchange Mt. Gox last month played to the worst fears about digital currencies.
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.
Ry Crist / CNET:
Microsoft gets into the home automation game with Insteon partnership  —  The tech giant's set to make its first foray into the smart home next month.  —  Microsoft announced a partnership with Insteon today, along with some big plans to fully incorporate the popular home automation network into its ecosystem.
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.
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 …
Brian Prince / SecurityWeek:
Elderwood Attack Platform Linked to Multiple Internet Explorer Zero-Day Attacks: Symantec  —  Researchers at Symantec say the Elderwood attack platform is at the center of numerous zero-day attacks launched by hacker crews around the world this year.  —  The Elderwood platform has been linked …

Sponsor Posts

Microsoft:
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Intel:
Disrupting the Data Center to Create the Digital Services Economy  —  I had the pleasure of joining Tom Krazit on stage at the Gigaom Structure'14 conference to share Intel's vision of the data center in support of the growth of the digital services economy.
VMware:
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Zoho:
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Juli Clover / MacRumors:
Jessica Dolcourt / CNET: