June 4, 2014, 2:20 PM

Top News

Juli Clover / MacRumors:
iOS 8 Offers Quick Access to Apps Based on Location  —  Apple outlined several of iOS 8's major features during yesterday's WWDC keynote, but with the operating system now in the hands of developers, details on several lesser known features have been leaking out.
Jon Fingas / Engadget:
Xbox Wire:
45+ new apps for Xbox coming this year, including live TV-integrated Twitter app, Vine, HBO GO  —  Twitter, Vine, HBO GO, ShowTime Anytime, Comedy Central, and MLG among More Than 45 New Experiences Coming to Xbox  —  Today, just five days from the Xbox: Game On briefing at E3 …
Rich McCormick / The Verge:
Xbox One update unlocks entertainment apps, adds real names  —  Update rolls out this week and adds external hard drive support  —  Microsoft is rolling out updates this week that will allow Xbox One owners to use external hard drives with their consoles, control their TVs using the OneGuide interface …
Stephan Somogyi / Google Online Security Blog:
Sam Biddle / Valleywag:
Sources: Fab slowly shutting down; remaining NY employees to be gradually let go over 6 months  — Is Probably Dead This Year  —  There hasn't been a single piece of good news from in a very long time.  Layoffs, mismanagement, plummeting morale, and executive reshuffles …
More: Business InsiderTweets: @betashop and @mattlynley
Jordan Kahn / 9to5Mac:
Apple introduces MFi specs for Lightning cable headphones, support arriving in future iOS update  —  We've learned Apple has quietly introduced a new specification for manufacturers in its Made-For-iPhone/iPad/iPod (MFi) program that allows them to create headphones that connect to iOS devices using …
Katie Zezima / Washington Post:
The Secret Service wants software that detects social media sarcasm.  Yeah, sure it will work.  —  The Secret Service is looking to buy software that can detect sarcasm on social media.  Whatever.  We're sure it will work.  —  In a work order posted online Monday, the agency …
Peter Kafka / Re/code:
Netflix Nags Another New Partner, Blaming Verizon for Slow Streams  —  Earlier this year, Netflix signed a Web traffic deal with Comcast, then complained about it.  —  Here's a new version of the story: In April, Netflix signed a Web traffic deal with Verizon.
Dennis Romero / LA Weekly:
Uber driver accused of kidnapping a drunk passenger and taking her to a motel, but wasn't on the Uber system at the time  —  Uber Driver Allegedly Kidnapped L.A. Club-Goer, Took Her to Motel  —  A 26-year-old female clubgoer was allegedly kidnapped by an Uber driver and taken to a motel in Panorama City, police said today.
Amir Efrati / The Information:
Vevo on the Block after Failed Bid for Independence  —  Vevo, the leading purveyor of online music videos and one of the largest Web video services in the world, is for sale: the company and its bankers have begun taking meetings with a veritable who's who of media and tech companies that have signaled they could be buyers.
Alyson Shontell / Business Insider:
Yext Raises $50 million at a $525 Million Valuation And Eyes A 2015 IPO  —  Yext, a company that helps businesses manage local listings and ad campaigns across the web, has raised a $50 million Series F round of financing.  The round gives Yext a $525 million post-money valuation, up from a $270 million valuation in 2012.
Russ Garland / Wall Street Journal:
True Ventures raises $290M for fourth fund in improved fundraising climate for venture capital  —  Limited Partners Stay Loyal as True Ventures Taps $290M for Fourth Fund  —  True Ventures, one of the young firms leading the way as venture capitalists look to align more closely with entrepreneurs …

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