Techmeme
June 30, 2014, 10:05 AM

Top News

Kashmir Hill / Forbes:
Facebook Doesn't Understand The Fuss About Its Emotion Manipulation Study  —  * Updated with an additional statement from Adam Kramer, the Facebook data scientist who conducted the study.  —  This weekend, the Internet discovered a study published earlier this month in an academic journal …
Catherine Shu / TechCrunch:
Japanese E-Commerce Giant Rakuten Launches $100M Global Investment Fund  —  June is barely over, but Rakuten has already had a busy year.  In addition to purchasing messaging app Viber for $900 million, the Japanese consumer Internet conglomerate also made investments in several companies based …
Amy Gesenhues / Search Engine Land:
Bing Ups Its Twitter Game: Rolls Out Hashtag & Twitter Handle Search Features  —  Starting this week, Bing users are going to see even more Twitter content in search results.  —  As a result of an exclusive partnership between the two companies that started in 2009, tweets have been showing up in Bing search results for some time.
Kaylene Hong / The Next Web:
Akamai: Global average web speed up 24% annually to 3.9 Mbps, 20% of connections now above 10 Mbps  —  1.2K  —  The global average internet speed is continuing its steady increase, growing 1.8 percent quarter-over-quarter and 24 percent year-on-year to reach 3.9 Mbps, according to Akamai …
Mike Butcher / TechCrunch:
Mobile-Only Bank Osper Raises $10M To Aim At UK Youth Market  —  Osper, a new UK startup, has come up with an innovative way to create a banking service than can be used by children, combining prepaid debit cards and smartphone apps controlled by both them and their parents.
Bill Wasik / Wired:
Inside Highway1, PCH's incubator to help hardware startups prototype and manufacture products  —  The Man Making Silicon Valley Go Crazy for Hardware  —  Liam Casey, the founder and CEO of PCH, which is trying to create a platform to take hardware startups from “zero to Apple.”  Ian Allen
Tim Rogers / D Magazine:
Woot founder Matt Rutledge is self-funding a new company called A Mediocre Corporation to conduct e-commerce experiments  —  This Internet Millionaire Has a New Deal For You  —  The breakfast with Jeff Bezos started awkwardly and ended with an indignity that Matt Rutledge didn't even catch at first.
Sean Buckley / Engadget:
Second Life's second act will be a social network for virtual reality  —  Eight years ago, I was slouching through my college's required mass-media course and silently groaning while my professor excitedly mapped out the promises of Second Life.  That online virtual world, where players create items …
More: Gamasutra and GuardianTweets: @jayrosen_nyu

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Alex Chitu / Google Operating System: