Techmeme: Activist investor with 2% stake pushes EMC to spin off VMware (Wall Street Journal)

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July 21, 2014, 2:20 PM

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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.

More: Jonathan Zdziarski's Domain, Ars Technica, AppleInsider, MacRumors, ScienceDirect, TUAW, Tom's Guide, iLounge, Electronista, App Advice, Cult of Mac, Jonathan Zdziarski's Domain, iPhone in Canada Blog and BetaNews. Tweets: @csoghoian

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 …

More: Facebook, The Next Web, Wall Street Journal, Inside Facebook, Gizmodo, The Verge, VentureBeat, Engadget, BuzzFeed, Lifehacker, iPhone in Canada Blog and WebProNews

Tweets: @joshconstine and @caseynewton

Jonathan Shieber / TechCrunch:

NBA star Carmelo Anthony launches venture capital firm called M7 Tech Partners — Knicks Star Carmelo Anthony Launches Venture Firm — After scoring a new contract worth over $122 million with the N.Y. Knicks, NBA star Carmelo Anthony is looking to take a different kind of shot — starting a venture capital firm.

More: VentureBeat, CNET and Entrepreneur

Tweets: @mikeeisenberg, @julesmaltz and @hunterwalk

Jeyup S. Kwaak / Wall Street Journal:

Seoul city government moves to ban Uber, plans similar app for official city taxis — Seoul Moves to Ban Uber, Plans Own App — UPDATE: Uber Monday evening called Seoul city government's earlier statement a sign that it lags behind in adopting what it called an innovation in transportation.

More: VentureBeat, Engadget, The Verge, The Korea Times, The Next Web, Business Insider, Forbes, BusinessTech, Financial Times and SocialTimes. Tweets: @jchengwsj

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.

More: TechCrunch, VentureBeat, Business Insider and PE Hub Blog. Tweets: @urbancompass. Thanks:@mattlynley

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 …

More: Office Blogs, TechCrunch, Windows Phone Central and Channel 9

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 …

More: Globes Online, NASDAQ.com, NoCamels, ifrasia.com and RTTNews

Ingrid Lunden / TechCrunch:

BlackBerry Names New COO, Marty Beard, ex-CEO Of Enterprise Cloud Startup LiveOps — On the heels of news that Apple would be significantly ramping up its mobile enterprise push in a partnership with IBM, BlackBerry is also looking to step up its game. Today, the company announced that it is appointing a new COO, Marty Beard.

More: BlackBerry Press Room, CNET, Re/code, ZDNet, Wall Street Journal, SyrupCast, RTTNews, Globe and Mail and NASDAQ.com

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 …

More: Verizon, Verizon, CNET, Engadget, Ars Technica, Gigaom, VentureBeat, PandoDaily, PC World, USA Today, TechSpot and Electronista

Wall Street Journal:

Activist investor with 2% stake pushes EMC to spin off VMware — Activist Investor Pushes EMC to Break Up — Elliott Management Says Spin-Off of VMware Would Boost Stock Price — Elliott Management Corp. has taken a stake of more than $1 billion in EMC Corp. and plans to push …

More: Fortune, ZDNet, eWeek, Tech Trader Daily, Gigaom, Tech Trader Daily, New York Times, bizjournals, Reuters and The Register

Romain Dillet / TechCrunch:

Blockchain Android app updated with new features simplying transactions, map view of merchants — Blockchain Releases New Android Wallet App To Put Bitcoin Into Everyone's Hands — Popular bitcoin wallet provider Blockchain.info is releasing a major new version of its Android app …

More: 9to5Google

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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