Techmeme
August 8, 2014, 12:40 PM

Top News

Reuters:
China refutes claim of government ban on Apple purchases  —  (Reuters) - Apple Inc (AAPL.O) products such as laptops and tablets are not banned from Chinese government procurement lists, according to the country's chief procurement center, refuting a report claiming Apple was blacklisted on national security concerns.
Reuters:
Exclusive: Tango secondary financing values company at around $1.5 billion  —  (Reuters) - Tango, the mobile messaging company, is arranging a financing transaction that would value its business at around $1.5 billion, roughly one-third more than the valuation it received just five months ago …
More: VatorNewsTweets: @lexnfx
Eric Johnson / Re/code:
Exclusive: Twitter-Mining News App SmartNews Raises $36 Million from Atomico and Gree  —  Japanese newsreading app SmartNews has raised $36 million in new funding, in a round led by growth-stage investment firm Atomico and mobile-social gaming company Gree.  —  The app is available on both iOS …
Mat Honan / Wired:
Stewart Butterfield set out to build a game and failed; instead, he created Flickr and Slack  —  The Most Fascinating Profile You'll Ever Read About a Guy and His Boring Startup  —  Stewart is hungry.  He's munching on potatoes smothered in chicken fat drippings, sitting by a long metal table …
Florian Mueller / FOSS Patents:
U.S. patent office rejects Apple's autocomplete patent claim Samsung was found to infringe  —  Apple has just given up its thermonuclear ambitions and practically agreed with Google's 2011 statement that “bad software patent litigation is a wasteful war that no one can win”, but even in the U.S. …
Natalie Huet / Reuters:
Gemalto to buy U.S. data protection firm SafeNet for $890 mln  —  * Gemalto to buy SafeNet from PE firm Vector Capital  —  * Deal to be funded with cash and debt and close in Q4  —  * Gemalto to beat 2017 op profit target by c. 10 pct  —  * Shares rise 3.9 percent (Adds share price reaction, analyst's comment, background)

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Kashmir Hill / Forbes:
Joel Stein / Businessweek:
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