Techmeme
July 24, 2014, 7:30 PM

Top News

Dean Takahashi / VentureBeat:
Google's $1B purchase of Twitch confirmed — joins YouTube for new video empire  —  Google has reached a deal to buy game livestreaming firm Twitch for $1 billion, according to sources familiar with the matter.  —  Citing unnamed sources, Variety said back in May that Google had made an all-cash offer …
Amazon:
Amazon.com Announces Second Quarter Sales up 23% to $19.34 Billion  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2014.  —  Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion …
Jason Del Rey / Re/code:
Facebook and Uber Discuss Integration of Car Service Into Messenger  —  Mark Zuckerberg must be looking to Asia for inspiration for the kind of platform Facebook Messenger could become.  —  Here's one idea: An integration with popular car-hailing service Uber that would be beneficial to both companies and, presumably, their users.
Andy Greenberg / Wired:
How Hackers Hid a Money-Mining Botnet in the Clouds of Amazon and Others  —  Hackers have long used malware to enslave armies of unwitting PCs, but security researchers Rob Ragan and Oscar Salazar had a different thought: Why steal computing resources from innocent victims when there's …
Tweets: @pirateorg
Janko Roettgers / Gigaom:
Ravi Somaiya / New York Times:
Joshua Topolsky, editor in chief of The Verge, joins Bloomberg as editor of a series of new online ventures, will 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 …
Sarah Perez / TechCrunch:
Instagram's “Bolt” Leak Could Be A New Facebook App Or An App Install Ad Test  —  Some Instagram users are reporting having briefly seen a banner advertisement within the Instagram application which pointed to a new app called “Bolt,” described as a “one tap photo messaging” app.
Mary Jo Foley / ZDNet:
Microsoft moves Yammer under Office 365; Co-founder David Sacks is out  —  Summary: Microsoft is fine-tuning further its Office businesses and is moving Yammer under Office 365.  Yammer Co-founder David Sacks is leaving Microsoft.  —  Ever since Microsoft bought enterprise social-networking vendor Yammer …
Anthony Ha / TechCrunch:
Pandora Q2 Tops Estimates Slightly With $218.9M In Revenue, But Its Stock Is Falling  —  Pandora came in barely ahead of analyst estimates in its just-released second quarter earnings report.  —  The streaming music company reported revenue of $218.9 million (up 38 percent on a non-GAAP basis) …
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.
Rob Wile / Business Insider:
Barry Silbert Steps Down As SecondMarket CEO  —  SecondMarket founder Barry Silbert is stepping down as SecondMarket CEO to focus exclusively on Bitcoin.  —  He'll remain Chairman and CEO of SecondMarket Holdings, Inc., but now plans to spin off the firm's digital currency activities.
Jon Brodkin / Ars Technica:
FCC gets its chance to overturn state limits on broadband competition  —  FCC Chairman Tom Wheeler has been saying he'll use the agency's authority to overturn state laws that limit municipal broadband networks, and now he has a chance to make good on that promise.
Ernesto / TorrentFreak:
Pirate Bay Launches Mobile Site, Teases More Expansions  —  One of The Pirate Bay's strengths has been its resilience.  No matter how hard the movie and music industries try, the site remains operational.  —  Over the years the Pirate Bay site has undergone many changes to make it harder to shut down.
Timothy J. Seppala / Engadget:
Google Voice offers web-based calls through Hangouts, no G+ profile needed  —  The rumor is that eventually we're going to see Google Voice merged completely into Hangouts, and that's getting even closer to becoming reality.  You can now make phone calls via Hangouts directly from the Google Voice website, no Google+ necessary.

Sponsor Posts

Microsoft:
Kinect SDK 2.0 and new adapter kit now available  —  Read more from Technical Fellow Alex Kipman about the next chapter for Kinect.
Zoho:
Ringio helps sales teams close more deals by bringing Click To Call to Zoho CRM  —  This is a guest post by Sam Aparicio, CEO of Ringio.  —  Today we are announcing a new integration with Zoho that brings Ringio's Click To Call …
Exitround:
Lessons learned: Justin Kan & Josh Felser discuss how to build and sell a company for hundreds of millions  —  Exitround recently held an event with speakers Justin Kan and Josh Felser at 500 Startups in San Francisco.
AdExchanger:
Adelphic And Affiperf: No Cookie Targeting?  No Problem  —  Brand marketers might not be diving into mobile video advertising, yet, but they're certainly wading in.  That caution is well-founded since measurement …
 

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