Techmeme
May 27, 2014, 8:15 PM

Top News

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 …
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.
Tim Peterson / AdAge:
Yahoo Plots YouTube Rival for Summer Debut After Delay  —  Portal's Proposed Terms Have Received Pushback From YouTube Creators  —  Yahoo wants to rival YouTube for viral videos.  —  Creativity Reimagined  —  Is there room for another YouTube?  —  Yahoo is ramping up talks …
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 …
Natalie Gagliordi / ZDNet:
Intuit dishes $360 million to acquire mobile bill pay firm Check  —  Summary: The Palo Alto, California-based company is best known for its mobile app that automates and consolidates the bill pay process for both consumers and small businesses.  —  Financial services giant Intuit …
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 …
Mark Hearn / 9to5Google:
Google blocking extensions not listed in the Chrome Web Store for Windows users  —  Google announced today that it's now blocking local Chrome extensions to protect Windows users from malicious software.  This means that only extensions coming from the Chrome Web Store can be installed on Chrome for Windows.
eMarketer Newsroom:
Forecast: Twitter could reach 400M users in 2018, 40.1% in Asia-Pacific, 19% in North America  —  Emerging Markets Drive Twitter User Growth Worldwide  —  More than 40% of Twitter users worldwide will be in Asia-Pacific by 2018  —  Twitter's user base will increase 24.4% in 2014 …
Mark Gurman / 9to5Mac:
Apple to live stream ‘exciting’ WWDC keynote for everyone to watch  —  Apple has updated its website to announce that it will be live streaming next week's WWDC Keynote address for all to watch.  As per usual, the event will be available on Macs running Safari 4 or later …
Sam Machkovech / Ars Technica:
Valve: Steam Machines delayed until 2015  —  Announcement marks Valve's first delay announcement since Portal 2.  —  On Tuesday evening, Valve Software used a forum in the Steam games-store app to announce a delay, though for once, it wasn't for an internally developed video game.
Christopher Mims / Wall Street Journal:
Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries  —  Lucrative Rebates Aimed at Top Tech Talent  —  Imagine you are launching or running a startup and there's a place where all of your developers—the biggest expense for most tech companies—cost one quarter what they do in Silicon Valley.
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 …

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Rackspace:
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