Techmeme
July 11, 2014, 9:30 PM

Top News

Nicholas Carlson / Business Insider:
Rap Genius rebrands as “Genius”, raises $40M led by Dan Gilbert, and makes annotations embeddable  —  The Inside Story Of How Rap Genius Fired A Cofounder — And Just Raised $40 Million (Annotated!)  —  On May 23 of this year, things were finally coming together for Rap Genius.
Cyrus Farivar / Ars Technica:
Lyft reverses under legal pressure, cancels Friday night New York launch  —  Attorney General insists NY Supreme Court issued injunction—but Lyft denies it.  —  Facing the weight of the New York Attorney General, Lyft now says it will delay its planned launch in the Big Apple on Friday evening.
Eva Dou / Wall Street Journal:
China's state broadcaster calls iPhone's location tracking a “national security concern”  —  China's Newest Foe: iPhone  —  State-run China Central Television has labeled Apple's iPhone location-tracking feature a “national security concern,” in the latest backlash against U.S. technology companies.
Amy Schatz / Re/code:
FCC Approves Controversial $2 Billion School Wi-Fi Plan  —  Schools will soon be able to apply for grants from a $2 billion fund to help pay for Wi-Fi networks in schools under a plan approved Friday by federal regulators.  —  The Federal Communications Commission voted to set aside funds …
Greg Kumparak / TechCrunch:
Yahoo Acquires Video Streaming Platform RayV  —  Following rumors of talks going as far back as May, we'd been hearing whispers all morning that Yahoo had finally acquired the video broadcasting platform RayV.  —  Sure enough, it's just been made official.
David Drummond / Guardian:
Google's top lawyer describes challenges in implementing EU's Right To Be Forgotten, urges public debate  —  We need to talk about the right to be forgotten  —  After the European court ruling, we at Google want to encourage debate on where the public interest lies in restricting web searches
Josh Ong / The Next Web:
Twitter's analytics dashboard now includes detailed data on all tweets, not just ads  —  Twitter today announced a new tweet activity analytics dashboard for advertisers, Twitter card publishers and verified users that shows them detailed data on how their organic tweets are doing.
David Kravets / Ars Technica:
Judge orders unmasking of Amazon.com “negative” reviewers  —  A federal judge has granted a nutritional supplement firm's request to help it learn the identities of those who allegedly left “phony negative” reviews of its products on Amazon.com.  —  The decision means that Ubervita …
Bill Gurley / Above the Crowd:
How to Miss By a Mile: An Alternative Look at Uber's Potential Market Size  —  On June 18, Aswath Damodaran, a finance professor at NYU's Stern School of Business, published an article on FiveThirtyEight titled “Uber Isn't Worth $17 Billion.”  This post was a shortened version of a more detailed post …

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