Techmeme
July 2, 2014, 8:05 PM

Top News

R. Jai Krishna / Wall Street Journal:
Facebook's Sheryl Sandberg apologizes for poorly communicating controversial News Feed study: “We never meant to upset you”  —  Sandberg: Facebook Study Was ‘Poorly Communicated’  —  Facebook 's psychological experiment on nearly 700,000 unwitting users was communicated “poorly …
James Ball / Guardian:
EU's right to be forgotten: Guardian articles have been hidden by Google  —  Publishers must fight back against this indirect challenge to press freedom, which allows articles to be ‘disappeared’.  Editorial decisions belong with them, not Google  —  When you Google someone from within the EU …
Josh Constine / TechCrunch:
Facebook acquires video ad tech startup LiveRail for $400-500M, plans to keep it running  —  Facebook Acquires LiveRail For $400M To $500M To Serve Video Ads Everywhere, Improve Its Own  —  Facebook has just bought video ad tech startup LiveRail, which connects marketers to publishers …
Kif Leswing / Gigaom:
Google announces the first 100 Project Ara beta testers  —  It appears Google's ambitious modular phone experiment is moving into the next phase.  At Google's I/O developer conference, the Advanced Technology and Projects team was able to boot a Project Ara device in public for the first time …
Tom Warren / The Verge:
Microsoft seeks Office for Android testers as it readies tablet version  —  Touch-friendly Office Android apps coming before Windows version  —  Microsoft may have released a basic Office app for Android phones almost a year ago, but the company is now building a suite designed specifically for Android tablets.
Joon Ian Wong / CoinDesk:
Coinbase Announces High-Security ‘Vault’ Bitcoin Accounts  —  Called ‘Vault’, the new account was designed in response to demand for a more secure type of wallet from Coinbase's growing customer base of institutions and wealthy individuals, according to company CEO Brian Armstrong, who explained:
Greg Bensinger / Wall Street Journal:
Amazon resists FTC request to tighten in-app purchase policy for children  —  Amazon Resisting FTC on Policy Change for In-App Purchases  —  Amazon-FTC Dispute Is Over Limiting Children's Purchases  —  Amazon.com Inc. is bucking a request from the Federal Trade Commission that it tighten …
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.
Dawn Chmielewski / Re/code:
Samsung shuts down its Video and Media Hub, transfers users' accounts to M-Go  —  M-Go to Take Over Samsung's Movie Business  —  Samsung Electronics has discovered that making great screens and delivering great on-screen entertainment require different skills.
Charlie Osborne / ZDNet:
Microsoft, Google form Ethernet consortium for datacenter networks  —  Summary: Microsoft, Google and other firms have come together to form the 25 Gigabit Ethernet Consortium with the aim of improving cloud datacenter networks.  —  Charlie Osborne  —  Five tech giants, including Google and Microsoft …
Greg Kumparak / TechCrunch:
First 10K units of Oculus Rift DK2 should be arriving week of July 14  —  With 45,000 Pre-Orders, The New Oculus Rift Will Start Arriving Around July 14th  —  Back in March, the second generation of Oculus' work-in-progress virtual reality headset went up for pre-order for $350.
Dan Primack / Fortune:
Kleiner Perkins Caufield & Byers raises $1.2B: $450M for flagship early-stage fund, $750M for digital growth fund  —  Exclusive: Kleiner Perkins raises $1.2 billion  —  Kleiner Perkins has no trouble raising a pair of new venture capital funds.  Venerable venture capital firm Kleiner …

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Kaylene Hong / The Next Web:
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