Techmeme
July 2, 2014, 3:45 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 …
Jillian Ward / Bloomberg:
Ron Amadeo / Ars Technica:
Developer preview test for Android L's Project Volta shows promise, 2 hours or 35% more battery life on Nexus 5  —  Examining Project Volta: We put Android L through our battery test  —  For each Android release, Google likes to have a “Project” that picks an area of weakness and focuses on tuning the whole OS to fix it.
Josh Constine / TechCrunch:
Facebook Acquires LiveRail To Serve Video Ads Everywhere, Improve Its Own  —  Facebook has just bought video ad tech startup LiveRail, which connects marketers to publishers on web and mobile to target 7 billion video ads to visitors per month.  A source tells us Facebook paid between $400 million …
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.
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 …
David Katzmaier / CNET:
Samsung to end plasma TV production this year  —  Following in the footsteps of Panasonic, Samsung says it will end production of plasma display panels by the end of this year.  —  The Samsung PNF8500 is the last great plasma TV.  —  Sarah Tew/CNET  —  Samsung SDI has announced …
Cindy Cohn / Electronic Frontier Foundation:
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 …
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 …
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.
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 …
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.
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.
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 …
Bloomberg:
Shutterfly Said to Hire Qatalyst to Seek Buyers for Site  —  Shutterfly Inc. (SFLY), which turns digital photos into printed albums, is working with boutique investment bank Qatalyst Partners to find buyers for the company, according to people familiar with the matter.

Sponsor Posts

Microsoft:
The Carlsberg Group goes ‘GloCal’ with Office 365  —  Denmark-based brewery finds the right balance between working together at a global level and allowing its many strong regional beer brands to flourish.
VMware:
Top Five Reasons Why Your Organization Should Consider Cloud-Based Disaster Recovery  —  Few organizations can afford the downtime caused by a disaster.  Those capable of weathering such events usually have the datacenters …
Zoho:
5 New Features in Zoho Sites You Can't Miss  —  Well, these are in continuation with the new features that we have been adding in Zoho Sites for past few months.  We've made those little touches …
Syncano:
6 Reasons Why We Love React.js  —  Our front-end team loves trying new things.  New frameworks, new build tools... anything that makes our work more efficient deserves my attention.
 

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