Techmeme
May 29, 2014, 1:10 PM

Top News

Peter Kafka / Re/code:
Cue and Iovine talk about Beats acquisition, competing streaming services, Apple TV, more  —  Apple Shows Off its Newest Product, and Promises Much More to Come  —  Apple just agreed to pay $3 billion for Beats Music and Beats Electronics.  Tim Cook says one of the primary reasons …
Marguerite Reardon / CNET News:
HP can develop products with Beats tech through 2014, sell devices with Beats tech and logo through 2015  —  The Beats go on at HP (at least until 2015)  —  Consumers looking to buy an HP desktop or laptop with integrated Beats Audio have another year and a half before the companies dissolve …
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.
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 …
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 …
Owen Thomas / ReadWrite:
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.
NBC News:
Snowden on lax NSA security, the “dirty” business of spying, wanting to go home, his training as a spy, and more  —  Edward Snowden's Motive Revealed: He Can ‘Sleep at Night’  —  In the wide-ranging and provocative interview, Snowden:  — Suggested that a deal could be reached …
Cynthia Littleton / Variety:
Dish Network to Accept BitCoin Payments for Pay-TV Service  —  Charlie Ergen has always been a gambler.  Now the Dish Network CEO is taking a flier on accepting the Internet currency bitcoin as payment for pay-TV bills.  —  Dish trumpeted its decision in a news release on Thursday …
Jonathan Vanian / Gigaom:
Data cleaner Trifacta raises a $25M series C round  —  Trifacta, a startup focused on getting raw data into shape so data scientists, analysts or whomever can get started analyzing it, has raised $25 million in series C financing.  Ignition Partners is a new investor in the latest round round …
Jon Brodkin / Ars Technica:
OpenSSL to get a security audit and two full-time developers  —  A Linux Foundation project inspired by the Heartbleed security flaw announced that it will fund a security audit for the OpenSSL code base and the salaries of two full-time developers.  —  The Heartbleed flaw shone a spotlight …
Jim Finkle / Reuters:
Iranian hackers use fake Facebook accounts to spy on U.S., others  —  (Reuters) - In an unprecedented, three-year cyber espionage campaign, Iranian hackers created false social networking accounts and a fake news website to spy on military and political leaders in the United States …

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