Techmeme
May 27, 2014, 1:05 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 …
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 …
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.
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 …
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
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.
Kara Swisher / Re/code:
Rap Genius Co-Founder Moghadam Fired Over Tasteless Comments on Santa Barbara Shooting  —  Rap Genius co-founder Mahbod Moghadam has been fired from the annotation service after posting appalling comments on the memoir of mass murderer Elliot Rodger, who killed six people in a shooting spree earlier this week.
Mother Jones:
Inside Internet Archive: the “Library of Alexandria, version two” is now home to 15 PB of data  —  Meet the People Behind the Wayback Machine, One of Our Favorite Things About the Internet  —  The Internet Archive is home to more than 15 million gigabytes of free digital information—and it's just getting started.

Sponsor Posts

Microsoft:
Office everywhere: More great news for Office on iOS and Android  —  Starting immediately, Word, Excel and PowerPoint for Android tablet will be available in the Google Play store as free downloads, joining the highly rated OneNote for Android.
HP:
THE ACCIDENTAL DISRUPTOR: Medical Billing Software in the Cloud  —  Jonathan Bush didn't set out to upend healthcare.  But Athenahealth's CEO embraces the role in pursuit of his cloud-based medical records vision.
Zoho:
Zoho Books says Hello to the UK  —  When we say Zoho Books is truly built for UK businesses, we aren't kiddin' mate!  —  We're not talking mere language here.  We know you favour your ‘S’ over your ‘Z’, and you'll rather organise than be organized.
500 Startups:
500 Startups Announces Batch 12 in San Francisco  —  Learn about our new companies and apply for Batch 13 in Mountain View.
 

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