Techmeme
June 19, 2014, 1:00 PM

Top News

Baljeet Singh / The Twitter Blog:
Twitter acquires SnappyTV, the service for clipping, editing, and sharing video clips from live broadcasts  —  SnappyTV is joining the flock  —  One of the best ways to follow events as they unfold is through real-time videos on Twitter.  As we continue to invest in video …
Adi Robertson / The Verge:
Supreme Court rules software patents that cover ‘abstract ideas’ are invalid  —  Software patents aren't dead, but they just took a blow.  In a unanimous decision, the Supreme Court has ruled that a series of banking patents didn't cover a concrete software process but an abstract idea …
Chris Ziegler / The Verge:
T-Mobile is setting a dangerous precedent for wireless net neutrality with its Music Freedom initiative  —  T-Mobile's ‘Music Freedom’ is a great feature — and a huge problem  —  It sounds great, but it's really, really, really bad  —  Net neutrality has seen headier days, and to be honest …
Brad Molen / Engadget:
MG Siegler / Medium:
Christie Smythe / Bloomberg:
NY AG: iPhone's activation lock reduces phone thefts; Android and Windows Phone to also have kill switches  —  Android, Windows Phone Will Have Kill Switches, N.Y. Says  —  Google Inc. (GOOGL) and Microsoft Corp. (MSFT) will incorporate a “kill switch” into the next versions …
Yuliya Chernova / Wall Street Journal:
Early-Stage VC Greycroft Closes $200M Growth Fund  —  Greycroft Partners, a New York firm that saw its early investments in Maker Studios, Buddy Media, Huffington Post and Braintree Payments Solutions turn into large payouts, has now closed on its first growth fund at $200 million.
More: PE Hub Blog and Re/codeTweets: @scottmaustin
Jonathan Vanian / Gigaom:
Puppet Labs lands $40M in funding to boost its IT automation work  —  DevOps-centric Puppet Labs closed a series E $40 million investment round, bringing its total funding to $86 million.  The IT automation company plans on using the cash to expand globally and invest in research and development.
Arik Hesseldahl / Re/code:
Sources say Box hopes to complete IPO by July-August; contrary to rumors, has ruled out sale  —  Box Revives IPO Plans as Cloud Shares Recover  —  Timing is everything.  And cloud storage company Box could not have picked a worse time to go public.  —  The March 24 public disclosure …
Ina Fried / Re/code:
T-Mobile Offering Weeklong iPhone “Test Drive” to Lure Customers  —  Pulling a page from the car dealer's manual, T-Mobile is offering would-be customers a free seven-day trial of its network using an iPhone 5s.  —  “You [can] have a seven-night stand,” CEO John Legere said in an interview …
Charlie Osborne / ZDNet:
BlackBerry Q1: $23 million in profit, beats analyst expectations  —  Summary: BlackBerry is in the midst of turning from hardware to services, and the restructuring appears to be fruitful.  The company still experienced losses in Q1, but the financial result is not as bad as expected.  —  Charlie Osborne
Dan Goodin / Ars Technica:
Code Spaces closes shop after attackers destroy Amazon-hosted customer data  —  Code Spaces closes shop after attackers destroy Amazon-hosted customer data.  —  A code-hosting service that boasted having a full recovery plan has abruptly closed after someone gained unauthorized access …
Patrick Howell O'Neill / Daily Dot:
As Iraq censors Internet, Tor usage jumps tenfold  —  As the Iraqi government censors large swaths of the Internet following devastating attacks and victories by the militant group Islamic State of Iraq and Syria (ISIS), thousands of people are adopting Tor, the most popular anonymizing tool online, to get around government obstruction.
The White House Blog:
President Obama at the White House Maker Faire: “Today's D.I.Y. Is Tomorrow's ‘Made in America’”  —  “Our parents and our grandparents created the world's largest economy and strongest middle class not by buying stuff, but by building stuff — by making stuff, by tinkering and inventing and building …
Other World Computing:
Teardown of Apple's new $1,099 iMac shows 8GB memory soldered to motherboard; will not be upgradable  —  Teardown of Lower-Cost 2014 iMac Reveals Soldered Memory  —  As we reported earlier today, Apple has released a new $1,099 iMac model with new specs including a 1.4GHz Dual-Core i5 processor …
Natasha Lomas / TechCrunch:
Facebook Goes Down In Global Outage.  Update: It's Back!  —  Facebook appears to be a suffering a major outage this morning, with the site unavailable in multiple regions around the world, and Facebook social plug-ins on other websites also acting up.  —  The Facebook.com site is unavailable …
Evelyn M. Rusli / Wall Street Journal:
Nest investor Shasta Ventures raises $300M for its fourth, and largest, fund  —  Shasta Ventures Sticks to Basics With New $300 Million Fund  —  Tod Francis, a managing director of Shasta Ventures, recalls a time when few in venture capital were interested in “consumer” start-ups.
More: PE Hub Blog and VentureBeatTweets: @davemcclure and @jacob

Sponsor Posts

Microsoft:
Seattle Sounders score with SQL Server and fitness-tracking technology  —  Just in time for the 2014 MLS Cup Conference Finals, get a glimpse behind the scenes of the Seattle Sounders FC preparation …
Amazon Cognito:
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SimilarWeb:
Panda 4.1 Deeper Analysis - Positive & Negative Impact  —  Last week we took a look at some of Panda 4.1′s biggest winning and losing websites in terms of change in actual traffic referred by Google.
Zoho:
Boost your holiday sales with these 5 email marketing tips  —  For many businesses, the holiday shopping period is critical for generating revenue and garnering brand awareness.  With the annual sales spike quickly …
Igloo:
All the coding ladies  —  Much has been said about women in technology this week as a result of Barbie once again, letting down the female population (or more appropriately, humankind as a whole) …
 

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