Techmeme
May 27, 2014, 1:45 PM

Top News

Jessica E. Lessin / The Information:
Google considered acquiring connected camera maker Dropcam through its Nest division, in a push into home security  —  Google Eyes Home Security, Dropcam  —  Google's Nest division is plotting a move into the home-security market and has considered acquiring connected camera-maker Dropcam …
Natasha Lomas / TechCrunch:
LG Officially Outs Its Leaky G3 Smartphone: Bigger Hardware, Flatter Software  —  LG has officially outed its new flagship smartphone, the G3, at events taking place in London, New York and San Francisco.  —  TechCrunch was in attendance at the London event, taking place in a rainy Battersea Park far from any working 3G.
LG:
LG announces the G3, its new flagship smartphone with a 5.5" 2560 x 1440 display that launches May 28 in South Korea, later in other countries  —  WITH NEW G3, LG AIMS TO REDEFINE CONCEPT OF SMART AND SIMPLE  —  LG Electronics (LG) today introduced to the world its eagerly anticipated G3 smartphone …
Tweets: @harrymccracken
Jack Marshall / Wall Street Journal:
Twitter and Omnicom Strike $230 Million Mobile Ad Deal  —  Omnicom Media Group announced a mobile-focused deal with Twitter on Tuesday, worth $230 million over the next two years.  —  The deal will integrate Omnicom's programmatic ad buying unit Accuen with Twitter's ad exchange MoPub …
Mike Beasley / 9to5Mac:
Hackers remotely lock some Apple devices in Australia using Find My iPhone, demand ransom  —  Australian Mac and iOS users find devices remotely locked, held for ransom (and how to keep yours safe)  —  The Sydney Morning Herald reports that several Australian Mac, iPhone …
Bloomberg:
China Said to Push Banks to Remove IBM Servers for Security  —  The Chinese government is pushing domestic banks to remove high-end servers made by International Business Machines Corp. (IBM) and replace them with a local brand, according to people familiar with the matter …
Reuters:
Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push  —  (Reuters) - Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
Adam Auriemma / Wall Street Journal:
Zappos creates social media network “Zappos Insiders” to evaluate potential hires  —  Zappos Zaps Its Job Postings  —  Online Shoe Retailer Creates Social-Media Network to Evaluate Potential Hires  —  A few months ago, online shoe retailer Zappos did away with job titles for its 1,500 employees.
Anand Lal Shimpi / AnandTech:
Intel partners with Chinese company Rockchip on an Intel-branded mobile SoC platform  —  This is Huge: Intel Enters Strategic Agreement with Chinese SoC Maker Rockchip  —  Intel's march into the ultra mobile space has been a frustrating one.  Architecturally Intel has the chops to play in the market …
Michael Jackson / CoinDesk:
Bitcoin and Regulation: Lessons from the Early Days of Skype  —  Michael Jackson, former COO of Skype and current venture capital investor at Mangrove Capital Partners, explores how bitcoin companies can learn from the early struggles Skype had with regulators across the globe.
Tweets: @shak and @coindesk

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