Techmeme
July 14, 2014, 4:28 AM

Top News

Jessi Hempel / Fortune:
Behind the post-acquistion evolution of Instagram, which says 25% of users use Direct monthly  —  Instagram is ready to take its shot  —  The photo-sharing social media service has a fast-growing, hyper-engaged user base that advertisers love.  Now it just needs to figure out how to make money for corporate parent Facebook.
More: Daily Dot and Business InsiderThanks:@uking3
David Streitfeld / New York Times:
Inside Amazon's pricing war with Hachette, which is making some publishers and authors anxious  —  Amazon, a Friendly Giant as Long as It's Fed  —  Vincent Zandri hails from the future.  He is a novelist from the day after tomorrow, when Amazon has remade the worlds of writing, printing …
Dante D'Orazio / The Verge:
Snapchat tests collaborative ‘Our Story’ feature with all users for the World Cup final  —  Surprise Snapchat experiment shares stories from the World Cup final  —  Snapchat may be best known for its “ephemeral” messaging, but the company is experimenting with a new way to share live events.
Jean-Louis Gassée / Monday Note:
Nadella's broad-based memo to employees lacked specifics, foreshadows organizational changes  —  Microsoft's New CEO Needs An Editor  —  Satya Nadella's latest message to the troops - and to the world - is disquieting.  It lacks focus, specifics, and, if not soon sharpened …
David Carr / New York Times:
Hulu receives exclusive rights to stream South Park immediately after broadcast and entire back catalog in deal worth $80M+  —  Hulu to Stream ‘South Park’ as More Players Jostle for Online Rights  —  While the media moguls in Sun Valley, Idaho, jockeyed for parking spaces for their jets …
Reuters:
Exclusive: YouTube weighs funding efforts to boost premium content - sources  —  (Reuters) - YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster …
Wall Street Journal:
U.S. Accuses Chinese Executive of Hacking to Mine Military Data  —  Man Charged With Industrial Espionage Targeting Boeing, Other Defense Contractors  —  WASHINGTON—The Justice Department has charged the owner of a Chinese aviation technology company with stealing reams of information …
Andy Greenberg / Wired:
Inside Dark Wallet: two crypto-anarchists' user-friendly system for anonymous Bitcoin transactions  —  Waiting for Dark: Inside Two Anarchists' Quest for Untraceable Money  —  Amir Taaki and  —  Cody Wilson are cruising north through Texas on Interstate 35 in the 4:30 am predawn darkness.
More: The Verge
Joseph Bernstein / BuzzFeed:
How Internet Providers Get Around War Zones  —  Internet disruptions wreak havoc on global economies.  Avoiding them is dangerous, but lucrative.  —  Via dyn.com  —  In January 2008, something sharp — mostly likely an errant ship anchor — sliced into two underwater cables …
Tweets: @jimcowie

Sponsor Posts

Microsoft:
Steve Gleason keeps his eyes on the prize  —  For pro-football hero Steve Gleason, being diagnosed with ALS sparked a renewed passion for life that's proven highly contagious.  Read how he's working with Microsoft …
VMware:
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