Techmeme
July 21, 2014, 2:40 PM

Top News

Jason D. O'Grady / ZDNet:
Forensic scientist identifies suspicious ‘back doors’ running on every iOS device  —  Summary: During his talk at HOPE/X Jonathan Zdziarski details several undocumented services (with names like “lockdownd,” “pcapd,” “mobile.file_relay,” and “house_arrest") that run in the background on over 600 million iOS devices.
Josh Constine / TechCrunch:
Facebook Launches Save, A Read-It-Later List For Links, Places, And Media Pages  —  Two years after acqhiring read-it-later startup Spool, Facebook today launched a basic Pocket competitor called Save.  It's a feature for iOS, Android, and web that lets you store links from News Feed …
Sarah Frier / Bloomberg:
Urban Compass raises $40M at $360M valuation after increasing revenues 10x over past year  —  Urban Compass Raises Money at $360 Million Valuation  —  Urban Compass Inc., the New York marketplace for renting and buying apartments, will expand to more U.S. cities after raising $40 million from investors.
Mary Jo Foley / ZDNet:
Microsoft consolidates its IT pro tradeshows into one  —  Summary: Microsoft is consolidating a number of its standalone IT pro-focused tradeshows into a single unified event, slated to kick off in May 2015 in Chicago.  —  Microsoft is consolidating its TechEd, Microsoft Management Summit …
Steven Scheer / Reuters:
Mobileye, Israeli maker of driving assist systems, starts road show for $500M NYSE IPO  —  Israel's Mobileye starts road show for $500 million NYSE IPO  —  (Reuters) - Mobileye N.V., which makes software and cameras that help cars avoid accidents, said on Monday it has launched a road show …
Shalini Ramachandran / Wall Street Journal:
Verizon FiOS, facing slowing growth, plans symmetrical upload speeds at no additional charge  —  Verizon FiOS Enhances Bandwidth for Uploads  —  Company Is Seeking to Race Ahead of Cable Industry in Its Internet Speeds  —  Verizon Communications Inc. 's FiOS TV and broadband service …
Kara Swisher / Re/code:
Google CBO Kordestani joins Spotify board, even as competition increases between the companies  —  Google's New Business Head Joins Spotify Board, While Another Former Exec Becomes Special Adviser  —  Omid Kordestani, who has just temporarily replaced Nikesh Arora as chief business officer at Google …
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Michael Forsythe / New York Times:
Alibaba's I.P.O. Could Be a Bonanza for the Scions of Chinese Leaders  —  It was billed as biggest private financing deal in the history of China.  —  In September 2012, the Alibaba Group announced that it had completed a $7.6 billion deal to buy back half of Yahoo's stake in it.

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