Techmeme
May 28, 2014, 8:40 PM

Top News

Apple:
Apple to acquire Beats Music and Beats Electronics for $2.6B in cash and $400M in stock to vest over time  —  Apple to Acquire Beats Music & Beats Electronics  —  Apple® today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music …
Brian X. Chen / New York Times:
Beats brand will remain separate from Apple; Jimmy Iovine and Dr. Dre to work under Eddy Cue  —  Apple Confirms Its $3 Billion Deal for Beats Electronics  —  CUPERTINO, Calif. — Apple, the company that turned digital music into a mainstream phenomenon, said on Wednesday …
Mark Gurman / 9to5Mac:
Tim Cook's memo to employees: Beats Music team will report to Eddy Cue, Beats Electronics team to Phil Schiller  —  Cook to employees on Beats buy: ‘I hope you are as excited as I am about this new chapter in our history’  —  Following the official announcement regarding Apple's $3 billion acquisition …
Peter Kafka / Re/code:
Tim Cook Explains Why Apple Is Buying Beats (Q&A)  —  The Apple Beats deal has already generated lots of debate, and now that it's official, we will see even more.  Here's Apple CEO Tim Cook's extended explanation, via an interview he conducted with Re/code this afternoon.
Wall Street Journal:
At Apple, Iovine will go full time, Dre will still produce music but do “as much as it takes”  —  Apple Agrees to Buy Beats for $3 Billion  —  Beats Co-Founders Jimmy Iovine, Dr. Dre to Join Apple  —  Apple Inc. said Wednesday that it is buying Beats Electronics LLC for $3 billion …
Mary Meeker / KPCB:
Slides: Mary Meeker's Internet Trends Report for 2014  —  Internet Trends 2014  —  Kleiner Perkins Caufield & Byers (KPCB) partners with the brightest entrepreneurs to turn disruptive ideas into world-changing businesses.  The firm has helped build pioneering companies like Amazon …
Laszlo Bock / The Official Google Blog:
Diversity at Google: 70% men; 61% white, 30% Asian, 3% Hispanic, 2% black  —  Getting to work on diversity at Google  —  We've always been reluctant to publish numbers about the diversity of our workforce at Google.  We now realize we were wrong, and that it's time to be candid about the issues.
Troy Hunt / Troy Hunt's Blog:
The mechanics of the iCloud “hack” and how iOS devices are being held to ransom  —  If you're an Aussie with an iPhone, there's a chance you've been woken up in the middle of the night by this:  —  Oh boy.  What we're looking at is an iPhone that has been remotely locked by “Oleg Pliss”.
Josh Lowensohn / The Verge:
Samsung's Simband hardware and healthcare platform aim to track your every move  —  Samsung plans to expand its focus on health tracking technologies, the company said today.  At an event in San Francisco, the company said there needs to be better technology for keeping tabs on the body at all times.
Brian Barrett / Gizmodo:
Amazon's Hit List: Which Books Are Screwed, and By How Much  —  As of today, Amazon's crusade against book publisher Hachette is no longer an open secret, it's outright confirmed.  Shipments are being delayed, prices are elevated, and some listings are unavailable altogether.  But how extensive is the fallout?
Ingrid Lunden / TechCrunch:
Microsoft Buys Mobile App Management Platform Cappitan, Will Integrate It Into Azure  —  Yesterday, Microsoft's CEO Satya Nadella noted that Azure, the company's cloud platform, had more work to do have better traction with startups and developers.  Today, the company is taking a step to improve that …
Matthew Panzarino / TechCrunch:
Square Begins Offering Data Driven Cash Advances To Small Businesses  —  Today, payment processing company Square is announcing its first big additional vertical based on its enormous amount of business data.  That offering is called Square Capital, and it enables the company to offer cash advances to businesses in its network.
Miguel Helft / Fortune:
Egyptian democracy activist Wael Ghonim joins Google Ventures  —  Few in Silicon Valley can say that they have actually led revolutions.  Wael Ghonim is one of them.  —  FORTUNE — Wael Ghonim, the Google (GOOG) executive and Internet activist who became a leader of the Egyptian revolution in 2010 …
More: 9to5Google

Sponsor Posts

Microsoft:
Microsoft employees transform lives in biggest year yet for charitable giving  —  Giving program raised $125 million for nonprofits and schools around the world in 2015, including the company match of employee contributions.
iQ by Intel:
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