Techmeme
July 7, 2014, 9:55 PM

Top News

Wall Street Journal:
Box raises $150M more from TPG and Coatue Management at $2.4B valuation, expects IPO after labor day  —  Web-Storage Startup Box Raises $150 Million as It Awaits IPO  —  Box Inc. has bought itself some breathing room as it waits for a more suitable time to hold an initial public offering.
Jungah Lee / Bloomberg:
Samsung Profit Misses Estimates as Cheap Phones Struggle  —  Samsung Electronics Co. (005930) posted second-quarter profit that missed analysts' estimates as the world's biggest smartphone maker loses market share to Apple Inc. (AAPL) and less expensive devices from Chinese manufacturers.
Andrew Wallenstein / Variety:
Twitter Replaces Media Chief Chloe Sladden with Katie Stanton (Exclusive)  —  Less than a month after the departure of Twitter Media chief Chloe Sladden, the social media giant has found her replacement.  —  Katie Stanton, previously vice president of international market development …
Kim-Mai Cutler / TechCrunch:
Keith Rabois' Homebuying Startup OpenDoor Raises $9.95M From Everyone  —  Well.  —  It seems like a lot of Valley investors want to see the process of buying homes become a lot more efficient.  —  After Khosla Ventures VC and former Square COO Keith Rabois teased that he was working …
Darrell Etherington / TechCrunch:
Oculus Debuts Oculus Connect Developer Conference, Acquires RakNet And Open Sources Its Tech  —  Oculus made a couple of announcements today, including the acquisition of middleware game-network technology provider RakNet, which powers cross-platform voice chat, SQL logging …
Kevin Poulsen / Wired:
How malicious community edits on Google Maps can destroy a business  —  How Google Map Hackers Can Destroy a Business at Will  —  Rene Bertagna blames Google for the death of his restaurant, Serbian Crown.  Courtesy Rene Bertagna  —  Washington DC-area residents with a hankering …
More: Business InsiderTweets: @dangillmor
Chris Welch / The Verge:
Isis mobile wallet will rebrand to avoid sharing name with violent militant group  —  Isis is facing an identity crisis.  The company behind the mobile wallet app has announced it will rebrand to avoid sharing its name with the extremist militant group ISIS, or the Islamic State of Iraq and the Levant.
Tammy Parker / FierceWirelessTech:
Free Wi-Fi provider Gowex confirms faked results for four years, files for bankruptcy protection  —  Madrid-based Wi-Fi service provider Gowex filed for bankruptcy protection upon the resignation of its CEO and president, Jenaro Garcia Martin, who acknowledged he has been cooking the firm's books for four years.
Joe Rossignol / 9to5Google:
YouTube approaches 300M viewing hrs per day, fell short of estimates w/ $3.5B revenue in 2013  —  YouTube has established itself as a mainstream platform for streaming video content online, but its ambitious goal of reaching 1 billion “watch time” hours per day through 2016 is reportedly lagging behind expectations.
Mark Gurman / 9to5Mac:
Tim Cook ‘actively’ seeking to add new directors to Board  —  The Wall Street Journal today published a brief profile on Apple CEO Tim Cook as the Cupertino-based company continues to be shaped in the image of Cook rather than co-founder Steve Jobs.  The profile has some interested tidbits …
Gary Wong / Skype Blogs:
Skype 5.2 for iPhone: Voice Messaging Support and Profiles Are Back!  —  We have been reading and listening to your feedback ever since we launched the new remastered Skype for iPhone and have been hard at work incorporating your suggestions.  With Skype 5.1 for iPhone we included the ability …

Sponsor Posts

Microsoft:
Delivering a complete cloud for every business, industry and geography  —  Executive Vice President Scott Guthrie of the Microsoft Cloud and Enterprise Group discusses Microsoft's approach to delivering the industry's complete cloud.
Amazon Web Services:
Amazon Mobile Analytics- 100M Free Events per Month!  —  Designed to deliver usage reports within 60 min of receiving data from an app.  Built to scale - collect and process billions of events per day from millions of users.
Rackspace:
Another Patent Troll Slain.  You Are Now Free To Rotate Your Smartphone.  —  Rotatable Technologies is now an ex-patent troll.  I say “ex-troll” because its patent, US Pat.  No. 6,326,978, has been declared unpatentable …
Zoho:
Announcing the New and Improved Zoho Docs for Android  —  From charting out flight plans to building a whole new website, everything is now available at your fingertips.  Businesses, small or big …
 

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More News

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Earlier Picks

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