Techmeme
June 21, 2014, 7:40 PM

Top News

Liz Gannes / Re/code:
Google's Nest Buys Dropcam for $555 Million  —  Dropcam, the popular home monitoring camera startup, will be acquired by Nest, maker of smart thermostats and smoke detectors.  The deal is worth $555 million in cash.  —  Nest itself was just purchased by Google just four months ago for $3.2 billion.
Kara Swisher / Re/code:
Yahoo, burned by The Weather Channel replacing it as iOS 8's weather data provider, worries next about Stocks app  —  As Weather Channel Blows Yahoo Off Apple's Upcoming iOS 8, App Storms Ahead for Mayer  —  Of the many announcements made at Apple's recent Worldwide Developers Conference …
Bloomberg:
Former NSA director Keith Alexander now pitching banks $1M/month cybersecurity consulting  —  Ex-NSA Chief Pitches Banks Costly Advice on Cyber-Attacks  —  As the four-star general in charge of U.S. digital defenses, Keith Alexander warned repeatedly that the financial industry was among the likely targets of a major attack.
More: PandoDailyTweets: @csoghoian and @dangillmor
Emily Badger / Washington Post:
Taxi medallions have been the best investment in America for years.  Now Uber may be changing that.  —  CHICAGO — A taxicab is a car remade by government, modified dozens of ways by edicts within subsections of articles of the city's taxi code.  —  “Everywhere on this car has been regulated,” John Henry Assabill says.
More: VentureBeatTweets: @mattyglesias and @codinghorror
Shara Tibken / CNET:
Samsung to launch Android Wear smartwatch at Google I/O  —  The wearable will be one of several new devices built around Google software, sources tell CNET.  LG and Motorola are also expected to show off new gadgets.
Andy Greenberg / Wired:
EFF to release open-source router firmware for securely sharing your Wi-Fi with strangers  —  This Tool Boosts Your Privacy by Opening Your Wi-Fi to Strangers  —  In an age of surveillance anxiety, the notion of leaving your Wi-Fi network open and unprotected seems dangerously naive.
Anthony Ha / TechCrunch:
Google May Buy Video Search Startup Baarzo  —  Google has been in talks to acquire video search startup Baarzo, according to sources with knowledge of the company.  However, those sources were less clear about whether the companies had reached a final agreement.
Gregg Keizer / Computerworld:
Skype to retire recent editions for Windows, Mac; upgrades mandatory  —  Upgrade or lose access to calling and chat service in ‘next few months’  —  Skype today said it would retire older versions of its desktop Internet calling application, including versions on Windows and OS X launched …
Janko Roettgers / Gigaom:
YouTube is coming to cable TV set-top boxes, with a little help from the cloud  —  Right now, a grandma in Hungary is watching Gangnam style for the very first time.  Her introduction to Psy has been made possible by a partnership between YouTube and the local cable TV provider UPC Hungary …
More: Light ReadingTweets: @jank0

Sponsor Posts

Microsoft:
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Intel:
Intel Unveils 8-Core Processor Gaming Monster at PAX  —  Intel just announced its first 8 core, 16 thread gaming monster — otherwise known as the Intel® Core™ i7-5960X processor Extreme Edition desktop processor …
VMware:
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Zoho:
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