Techmeme
June 7, 2014, 5:35 PM

Top News

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
Christopher Mims / Wall Street Journal:
Brad Stone / Businessweek:
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 …
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:
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.
More: Neowin
Joe Mullin / Ars Technica:
Patent troll VirnetX close to winning 0.98% royalty on Apple's iPhone and iPad sales in the US  —  Patent troll on the verge of winning 1 percent of iPhone revenue  —  In 2012, Apple won the year's biggest patent verdict—more than $1 billion against Samsung.
Matthew Lynley / BuzzFeed:
Dropbox needs to uncover a winning mobile strategy if it's to score big with consumers  —  The Dropbox Conundrum  —  It was supposed to be next high-profile tech IPO, but now it's facing many of the same questions that Facebook faced before going public.  —  Stephen Lam / Reuters
Thanks:@cdirusso
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
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 …
Matthew Panzarino / TechCrunch:
Apple's Home Automation Success Rests With Hardware Evangelism  —  At its WWDC conference this week, Apple unveiled a scaffolding of sorts that allows developers to control smart home devices like light switches, thermostats, garage doors and more.  This is called HomeKit …
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 …
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 …

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Igloo:
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Claire Atkinson / New York Post: