Techmeme
May 28, 2014, 7:15 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 …
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 …
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.
Josh Constine / TechCrunch:
Apple Will Operate Beats Music's Streaming Service Separately From The iTunes Download Store  —  Apple just bought Beats, but rather than risk cratering iTunes download sales by evolving it into a streaming service, it will operate Beats Music's streaming service in parallel to give listeners an all-they-can-hear subscription option.
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 …
Chris Duckett / ZDNet:
iCloud not compromised in Apple ID attack: Apple  —  Summary: Apple has produced a minuscule response to the Apple ID attack that began affecting Australian and New Zealand iCloud users yesterday.  —  Chris Duckett  —  Almost a half and a day after a number of Australian users reported finding …
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.
Ryan Lawler / TechCrunch:
Uber Ties Up With AT&T For Driver Service And To Pre-Load Its App On New Android Phones  —  Uber wants to be the app that consumers use to get around town, and it's looking to gain a lot more distribution, thanks to a new deal that the company is announcing today.
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?
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

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Liz Gannes / Re/code: