Techmeme
July 21, 2014, 8:25 AM

Top News

Janko Roettgers / Gigaom:
The story of WebP: How Google wants to speed up the web, one image at a time  —  Tired of slow web pages?  So is Google, and the company thinks it has the key to speed up the web: smaller image files.  Google's WebP image format aims to replace existing image file formats like JPEG with a smaller file size …
Nitasha Tiku / Valleywag:
Product Hunt Founder Explains Why The Hell He Joined Y Combinator  —  Industry obsessives talk about Product Hunt—a leaderboard that lets members vote on new apps, devices, and other assorted technologies—with a sense of gratefulness.  Venture capitalists use its hand-picked daily list to find a diamond in the deluge.
Jeyup S. Kwaak / Wall Street Journal:
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.  “Comments like these show Seoul is in danger of remaining trapped in the past …
Author Earnings:
Study: 31% of ebooks sold on Amazon are self-published; DRM harms sales at all price levels  —  July 2014 Author Earnings Report  —  It has been nearly half a year since we first pulled data for nearly every ranked ebook on Amazon.com's thousands of category bestseller lists.
Jonathan Shieber / TechCrunch:
NEA Backs BetterDoctor's Quest To Develop Tools To Find A Better Doctor  —  For Ari Tulla, the chief executive officer in NEA's newest portfolio company, BetterDoctor, the decision to launch a company was a matter of more than just money.  —  Almost ten years ago, Tulla's wife began treatment for a serious illness.
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 …
Arik Hesseldahl / Re/code:
Edward Snowden Plans to Work on Privacy Tech  —  NSA leaker Edward Snowden says he plans to work on technology to preserve personal data privacy and called on programmers to join his efforts.  —  Speaking via a Google Hangout at the Hackers on Planet Earth Conference in New York …
Jerin Mathew / International Business Times:
Huawei's First-Half Revenue up 19% While It Emerges as Major Smartphone Brand  —  China-based telecommunications equipment maker, Huawei Technologies, has reported a 19% increase in revenues for the first half of 2014 as consumers across the world become aware of its smartphone and tablet offerings, leading to higher sales.
Rohin Dhar / Priceonomics Blog:
Sequoia Capital will likely earn more from investing in YC companies than YC  —  The Big Winner from Y Combinator's Success?  Sequoia Capital  —  Yesterday, Y Combinator's president, Sam Altman, that the seed investment firm had funded 716 companies that were currently valued collectively at around $30 billion.
More: CB InsightsTweets: @jason and @bryce
Ina Fried / Re/code:
Mobile carriers have kept profits high, even after moving away from charging for voice minutes  —  Mobile Carriers Charging Differently, but Still Finding Plenty of Ways to Make Money  —  A few years ago, cellular companies charged for each call their customers made and gave most of them unlimited data.
Tweets: @inafried

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