July 25, 2014, 10:00 PM

Top News

Kevin Fitchard / Gigaom:
Verizon will start restricting LTE speeds for its heaviest unlimited-plan customers  —  Verizon's 4G networks soon will start favoring customers who pay for mobile data by the gigabyte over customers who draw deeply from Verizon's unlimited plans.  —  Verizon Wireless has been trying to coax …
Andrew Chung / Reuters:
Bose sues Beats over headphone noise-cancellation patents  —  (Reuters) - High-end sound system and headphone maker Bose Corp is going after the newer kid on the block, Beats Electronics, with a lawsuit accusing Beats of infringing several patents related to noise-cancellation technology.
Lyft Blog:
Lyft to launch 7pm tonight in NYC, drivers will need taxi commission licenses, company “will pause operations” in Buffalo and Rochester by August 1st  —  Lyft Launches in NYC  —  Tonight, after making positive progress with local and state leaders, Lyft will launch in all five boroughs of New York City.
Sarah Perez / TechCrunch:
Fixed Raises $1.2 Million For A Mobile App That Fights Your Parking Tickets For You  —  Fixed, the clever mobile application that helps you fight your parking tickets just by snapping a photo of the ticket with your mobile phone, has now closed on $1.2 million in seed funding.
Julian Hattem / The Hill:
House votes to allow cellphone ‘unlocking’  —  The House on Friday passed legislation allowing people to “unlock” their cellphones and switch from one carrier to another, sending the bill to the president's desk.  —  The bill won unanimous support in the lower chamber and has been widely backed …
Ryan Lawler / TechCrunch:
Homejoy expands beyond cleaning, offering a beta test group plumbing, landscaping, painting and other home services  —  Homejoy Expands Beyond Cleaning With Beta Test Of Home Services  —  When Homejoy raised its $38 million round of funding last December, the company did so with a plan …
Peter Kafka / Re/code:
Vevo, the Giant Music Video Site, Tries to Fix Itself Before It Sells Itself  —  Music videos are huge on the Web, and Vevo is huge in music videos.  It generates six billion views a month, and is crucial to both the music industry and YouTube.  —  Now Vevo's owners want to find a new investor …
Tweets: @pkafka and @pkafka
IBM Said to Reject Globalfoundries Offer for Chip Unit  —  International Business Machines Corp. (IBM)'s talks to sell its money-losing chip-manufacturing operations to Globalfoundries Inc. have ended after the two companies failed to agree on terms, according to people familiar with the process.
Russian Interior Ministry offers $111k to crack TOR network  —  Russia's Interior Ministry is offering $111k for a technological solution that would allow police officers to identify internet surfers who are using the TOR anonymizer network, which has been rapidly growing in popularity inside the country.
Laura Slattery / The Irish Times:
Google pays €27.7m tax at Irish subsidiary on €17bn revenue  —  ‘Administrative expenses’ of €11.7bn stripped out from Google Ireland Ltd, accounts show  —  Revenue at Google's Irish subsidiary rose 10 per cent last year to €17 billion, with pretax profits climbing almost 23 per cent to €189.1 million.
China Telecom to sell Microsoft's Xbox One from September  —  (Reuters) - China Telecom Corp Ltd will sell Microsoft Corp's Xbox One gaming console in China from September through an exclusive contract, the country's third-largest telecommunications company said on Friday.
Mary Jo Foley / ZDNet:

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