Techmeme
June 7, 2014, 12:55 PM

Top News

Yuichiro Kanematsu / Nikkei Asian Review:
Apple plans October launch for watch-like health-monitoring device, 3-5M unit/month production  —  Apple flexes healthcare muscles with new wearable device  —  SILICON VALLEY — Apple is getting set to move to its next stage of growth with a wearable health-monitoring device …
John Paczkowski / Re/code:
October is indeed the tentative launch date for Apple's first wearable device  —  Code/red: Yes, Apple's First Wearable Device Is Slated for October  —  // HAPPENING TODAY  — Arista Networks is trading for the first time on the New York Stock Exchange under the ticker ANET.
Erin Griffith / Fortune:
Who are the investors making 2000X paper gains from Uber's first angel round?  —  Meet the Uber Rich  —  Uber's new round of financing values it at $17 billion.  So these lucky ones who were in at the start have made 2,000x their initial outlay.  The valuation of Uber is poised to hit …
More: Valleywag and FortuneTweets: @thestalwart and @chrisrcampbell
Evelyn M. Rusli / Wall Street Journal:
Uber CEO Travis Kalanick: We're Doubling Revenue Every Six Months  —  Uber is now among the world's most valuable private companies in the eyes of venture capitalists, at $18.2 billion.  That places the car-service app's value well above the market capitalizations of both Hertz and Avis …
Brad Stone / Businessweek:
Christopher Mims / Wall Street Journal:
Lee Fang / VICE:
Cable Companies Are Astroturfing Fake Consumer Support to End Net Neutrality  —  Activists protesting outside FCC headquarters in Washington, DC, on May 15, 2014.  Photo by Alex Wong/Getty Images  —  Consumer advocates everywhere are demanding that the Federal Communication Commission continue …
Sarah Perez / TechCrunch:
Apple Acquires Spotsetter, A Social Search Engine For Places  —  Spotsetter, a social search engine using big data to offer personalized recommendations as to places to go, has been quietly snapped up by Apple, TechCrunch has learned.  The technology, which involves layering social data …
Liam Spradlin / Android Police:
Exclusive: Google Will Soon Introduce ‘Nearby’ To Let Other ‘People, Places, And Things’ Know When You're Around  —  A couple of months ago, we posted one of our early Google Search/Now rumors, and it was something of a long range rumor compared to others.  While things like parking reminders …
Mark Gurman / 9to5Mac:
Apple to offer contract-free AT&T and T-Mobile plans to customers buying full-priced iPhones  —  Apple looks to boost iPhone sales in stores with new pre-paid & month-to-month plans  —  Apple is preparing to enhance its Apple Store-based iPhone sales operations in the United States around pre-paid …
Andy / TorrentFreak:
MPAA Strikes Anti-Piracy Deal With Torrent Client Creator  —  While BitTorrent Inc.'s uTorrent and Mainline products grab most of the headlines, neither are the world's most popular torrent client.  That honor falls to the Chinese-operated Xunlei or ‘Thunder’ software.
Nathan Donato-Weinstein / Silicon Valley Business …:
Facebook buying 59-acre, 10-building site adjacent to its Menlo Park campus for future growth  —  Facebook buying 10-building TE Connectivity campus in Menlo Park  —  Facebook Inc. has struck a deal to buy the 10-building Menlo Park campus of TE Connectivity, located next door …
More: SiliconBeatTweets: @svbizjournalThanks:@cityofmenlopark

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Avangate:
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Claire Atkinson / New York Post: