Techmeme
July 2, 2014, 12:00 PM

Top News

Jillian Ward / Bloomberg:
Cyrus Farivar / Ars Technica:
Investor Tim Draper wins auction for 29,655 bitcoins seized from Silk Road, partners with Vaurum to leverage the pool as a liquidity source in emerging markets  —  Famed investor Tim Draper wins auction of Silk Road's 29,655 bitcoins  —  Draper to partner with Vaurum, which offers “secure storage solutions” to banks.
Ben Sisario / New York Times:
Source: Google paid more than $39M for Songza  —  Google Buys Songza, a Playlist Service for Any Occasion  —  In a sign of growing consolidation in the digital music business, Google announced on Tuesday that it had bought Songza, a three-year-old app that competes with Pandora and others …
Jordan Crook / TechCrunch:
Mariella Moon / Engadget:
Chumby's smart alarm clock relaunches with 1,000 apps  —  Remember Chumby?  You probably haven't heard much about the snuggly tiny computer/smart alarm clock since its makers' company disbanded, but now it's back from its semi-retired state.  Its current owner, Blue Octy LLC …
Romain Dillet / TechCrunch:
BlaBlaCar Raises A Massive $100 Million Round To Create A Global Long Distance Ride-Sharing Network  —  In what is the largest VC round in a French startup of all time, BlaBlaCar just raised a $100 million round led by Index Ventures, with existing investors Accel Partners, ISAI and Lead Edge Capital also participating in the round.
Cindy Cohn / Electronic Frontier Foundation:
Flawed Oversight Board Report Endorses General Warrants  —  The Privacy and Civil Liberties Oversight Board (PCLOB) issued a legally flawed and factually incomplete report late Tuesday that endorses Section 702 surveillance.  Hiding behind the “complexity” of the technology …
Nicholas Stango / Gizmodo:
Inside the Secret Building That's Bringing Cell Service To NYC's Subway  —  As Hurricane Sandy revealed almost two years ago, New York's 100-year-old subway is not a modern and robust system.  In fact, compared to other cities, it's downright dirty, unpredictable and technologically behind.
More: ANIMAL
Ian Austen / New York Times:
Canadian antispam law goes into effect, resulting in a flurry of ‘please opt in’ emails  —  Canadian Antispam Law Whips Up a Storm of Last-Minute Messages  —  OTTAWA — The email has all the markings of malicious spam: an overwrought subject line screaming “Urgent Action Required …
TechCrunch:
Russia Moves To Ban Online Services That Don't Store Personal Data In Russia  —  The Russian government has moved one step closer towards a “China-like” approach towards Internet services.  —  Last night, the Russian State Duma (parliament) passed the first bill requiring that the personal data …

Sponsor Posts

Microsoft:
Watch a 2-minute animated guide to mixed reality  —  Find out how the blending of physical and digital worlds will empower you to do things previously impossible.
eero:
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Zoho:
Zoho partners with LinkedIn to bring Sales Navigator to Zoho CRM  —  Twenty-eight percent of sales reps and business development professionals are using social selling tools 3-5 hours per week, with over 20% spending 5-10 hours per week.
Vantiv:
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Worldpay:
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More News

Sam Byford / The Verge:
Kevin C. Tofel / Gigaom:

Earlier Picks

Amy Schatz / Re/code: