July 11, 2014, 11:40 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 …
Joel Rosenblatt / Bloomberg:
Apple Wins Emblaze Patent Trial Over Live Video Streaming  —  Apple Inc. (AAPL) defeated a lawsuit brought by Emblaze Ltd. (BLZ) claiming the iPhone-maker pushed organizations including Major League Baseball to adopt its format for streaming live video, causing them to infringe a patent.
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.
Andrew Cunningham / Ars Technica:
Apple launches new Swift blog, offers Xcode 6 beta for free  —  Apple's new Swift programming language has attracted a lot of interest from developers since it was announced last month at WWDC, and now the company is looking to get it in the hands of more developers.
David Kravets / Ars Technica:
Judge orders unmasking of “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  —  The decision means that Ubervita …
John Eggerton / Multichannel News:
Devices requiring FCC approval that have a screen may now display certification digitally on it  —  FCC Loosens Device Labeling Restrictions  —  Move Appears to Mostly Moot Just-announced Legislation to Require That Flexibility  —  Not even a day after a bill was introduced …

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