July 28, 2014, 1:00 PM

Top News

Liz Gannes / Re/code:
Apple to Buy Radio App Swell for $30 Million  —  Apple is close to buying the Pandora-for-talk-radio app Swell, according to multiple sources.  —  The deal is worth about $30 million, these sources say.  —  Swell had raised $7.2 million from investors including DFJ, Google Ventures and InterWest Partners.
Michael J. de la Merced / New York Times:
Zillow to Acquire Trulia for $3.5 Billion  —  For much of the last nine years, Zillow and Trulia have competed in the online real estate listings market they helped create.  —  But after a speedy six-week courtship, the two are set to combine forces.  —  Zillow agreed on Monday to buy Trulia …
Lee Fang / VICE:
The Judges Approving the NSA's Surveillance Requests Keep Buying Verizon Stock  —  Drawing of the Foreign Intelligence Surveillance (FISA) Court at an Electronic Frontier Foundation (EFF) event in Germany last year.  Photo via Flickr user mlcastle, original drawing by Lindsay Young
A history of the undersea cables that carry much of the world's international internet traffic  —  Messages in the Deep - The Remarkable Story of the Underwater Internet  —  In October of 1971, in the midst of the Cold War, the nuclear-powered submarine USS Halibut entered heavily guarded Russian waters in the Sea of Okhotsk.
Mitchell Baker / The Mozilla Blog:
Interim Mozilla CEO Chris Beard appointed as permanent CEO  —  Chris Beard Named CEO of Mozilla  —  I am pleased to announce that Chris Beard has been appointed CEO of Mozilla Corp. The Mozilla board has reviewed many internal and external candidates - and no one we met was a better fit.
More: CNETTweets: @mozilla and @cbeard
Steve Dent / Engadget:
Europe approves Apple's $3 billion takeover of Beats  —  Apple is official a step closer to owning Beats, as the $3 billion merger has just been cleared by European regulators.  The EU commission ruled that the merger “did not raise concerns because the combined (headphone) market share of Apple and Beats Electronics is low.”
Mark Gurman / 9to5Mac:
Amazon apparently set to launch Square-competitor in August as it develops biometric payment solutions  —  Amazon could be preparing to launch its own mobile credit card reading hardware in the coming weeks, according to internal Staples documents hinting at such a launch that we've obtained.
Arik Hesseldahl / Re/code:
Amazon Fire Phone Costs $205 To Build, Teardown Shows  —  The components used to assemble the Amazon Fire phone cost a combined $205, a teardown analysis by the research firm IHS shows.  —  In a report due to be released Tuesday and seen by Re/code, the research firm details the phone's internal components and their cost.

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Uber is rewriting the mobile app playbook, yet again!  —  Some of the world's most popular mobile apps including Spotify, Flipboard and Supercell are following Uber's bold footsteps as they switch to in-app support!

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