Techmeme
July 24, 2014, 11:30 AM

Top News

Ravi Somaiya / New York Times:
The Verge EIC Joshua Topolsky leaves to join Bloomberg for a new online venture, to be replaced by Nilay Patel  —  Josh Topolsky of The Verge Is Joining Bloomberg  —  Josh Topolsky, the co-founder of the technology website The Verge, will join Bloomberg as the editor of a series …
Sarah Frier / Bloomberg:
Facebook stock surges to record high of $76 in early trading, doubling its IPO price  —  Facebook Shares Surge to Record as Mobile Ads Fuel Gains  —  Mark Zuckerberg is staring down naysayers who hammered Facebook Inc.'s stock after its debut two years ago, as shares surged to a record today.
Exodus Intelligence:
Security firm finds de-anonymizing zero-day vulnerability in Tails OS popularized by Snowden  —  Silver Bullets and Fairy Tails  —  Introduction  —  This week we made mention on Twitter of a zero-day vulnerability we've unearthed that affects the popular Tails operating system.
Arik Hesseldahl / Re/code:
HP Makes $50 Million Strategic Investment in Hortonworks  —  To the steadily growing list of big companies making strategic investments in the open source big data platform known as Hadoop, you can now add computing giant Hewlett-Packard.  —  Re/code has learned that HP today will announce …
More: Gigaom, ZDNet and Wall Street JournalTweets: @ahess247
Ina Fried / Re/code:
LG Shipped 14.5 Million Smartphones in Q2, up 20 Percent, As Phone Business Turned a Profit  —  Korea's LG Electronics said on Wednesday that its mobile unit turned profitable in the second quarter as the company shipped a record 14.5 million smartphones, up 20 percent year-over-year.
Janet Van Huysse / The Twitter Blog:
Twitter releases diversity report: global employees are 70% male; in US 59% white, 29% Asian  —  Building a Twitter we can be proud of  —  At Twitter, we have a goal to reach every person on the planet.  We believe that goal is more attainable with a team that understands and represents different cultures and backgrounds.
Dan Goodin / Ars Technica:
Up to 50,000 sites commandeered via exploit of vulnerability in MailPoet WordPress plugin  —  Mass exploit of WordPress plugin backdoors sites running Joomla, Magento, too  —  As many as 50,000 websites have been remotely commandeered by attackers exploiting a recently patched vulnerability …
Richard Lawler / Engadget:
The new $350 Oculus Rift virtual reality headset is now shipping  —  We were expecting to see the new iteration of the Oculus Rift arrive on developer's doorsteps earlier this month, but unfortunately it hit a couple of delays.  Road to VR points out a Reddit thread where pre-orderers confirmed …
Josh Ong / The Next Web:
Google Maps challenges Foursquare with new Explore feature on Android and iOS  —  Google announced today the addition of an Explore Nearby button for Google Maps on iOS and Android.  The featuring is rolling out “starting this week.”  —  The new feature expands the Google Maps as more than just your go-to app for directions.
Tracey Lien / Polygon:
Sony agrees to $15M settlement in 2011 data breach class action  —  Sony today agreed to a $15 million preliminary settlement in a class action lawsuit over its 2011 data breach, which led to the theft of names, addresses and possibly credit card data belonging to 77 million user accounts.
Kevin Rawlinson / BBC:
Music label sues YouTube star Michelle Phan for copyright infringement; one artist whose work was apparently infringed defends her  —  YouTube star Michelle Phan sued over copyright breach  —  A leading YouTube entrepreneur is facing legal action for alleged copyright infringement in her videos.
More: TechdirtTweets: @mrragerx
Nick Summers / The Next Web:
Reddit Live is now official, lets anyone create their own breaking news live blog  —  Today, Reddit officially launched its own live-blogging platform.  The company calls it Reddit Live and the feature has actually been in “semi-open beta” for a few months now - you may have stumbled across …
Charlie Osborne / ZDNet:
European Central Bank suffers security breach, personal data stolen  —  Summary: The European Central Bank's website has been hacked and personal information has been stolen by a cybercriminal.  —  The European Central Bank (ECB) admitted Thursday that a security breach has led to the theft of personal data.
Karen Freifeld / Reuters:
Seven arrests made in $1.6 million StubHub cyberfraud case  —  (Reuters) - Police have arrested seven people on charges they were tied to an international ring that defrauded eBay Inc's StubHub online ticketing service of some $1.6 million, the latest in a string of high-profile cybercrime busts in recent months.
Jack Linshi / TIME:
Foursquare moving all check-ins to secondary app Swarm starting Thursday  —  You Can't Check-In on Foursquare's Main App Starting Tomorrow  —  You can check out Foursquare's new app starting in the next few weeks, but you can't check-in.  —  Foursquare said Wednesday that users …

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Microsoft:
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Amazon Web Services:
Amazon Mobile Analytics- 100M Free Events per Month!  —  Designed to deliver usage reports within 60 min of receiving data from an app.  Built to scale - collect and process billions of events per day from millions of users.
Rackspace:
Another Patent Troll Slain.  You Are Now Free To Rotate Your Smartphone.  —  Rotatable Technologies is now an ex-patent troll.  I say “ex-troll” because its patent, US Pat.  No. 6,326,978, has been declared unpatentable …
Zoho:
Meet Zoho Subscriptions: One stop shop to run your subscriptions business.  —  Since the early part of the decade, we have witnessed a drastic shift in the way businesses function.
 

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