Techmeme
August 11, 2014, 1:30 AM

Top News

Mike Isaac / New York Times:
BuzzFeed raises $50M from Andreessen Horowitz, valuing company at $850M; Chris Dixon to join board; most revenues come from creating ads for other brands  —  A Move to Go Beyond Lists for Content at BuzzFeed  —  Here are three completely crazy insights about BuzzFeed, the viral content start-up:
Susanne Ault / Variety:
Survey: YouTube Stars More Popular Than Mainstream Celebs Among U.S. Teens  —  U.S. teenagers are more enamored with YouTube stars than they are the biggest celebrities in film, TV and music.  —  That's the surprising result of a survey Variety commissioned in July that found the five …
Benedict Evans:
A mid-range iPhone wouldn't notably grow Apple's profits, but it could hurt US Android sales  —  Note on cheap iPhones  —  Ever since the iPhone launched, people have been pointing out that it is very expensive, relative to the rest of the market, and wondering when, and how, and if Apple might go cheaper.
Matthew Lynley / BuzzFeed:
How Twitch co-founder and CEO Emmett Shear built a video game streaming site worth $1B  —  How A Site That Streams People Playing Video Games Became A Billion Dollar Business  —  Twitch CEO Emmett Shear wasn't born a leader, he became one almost by accident.  And he now runs one of the most valuable video properties on the web.
Peter Bright / Ars Technica:
How Microsoft dragged its development practices into the 21st century  —For the longest time, Microsoft had something of a poor reputation as a software developer.  The issue wasn't so much the quality of the company's software but the way it was developed and delivered.
Chris Tribbey / Home Media Magazine:
Amazon halts disc preorders of some Disney titles in an apparent contract dispute  —  Disney Disc Preorders Disappear From Amazon  —  The preorder option for almost every title from Walt Disney Studios Home Entertainment has been removed on Amazon, in an apparent repeat of what Warner Home Video went through earlier this summer.
Jason Del Rey / Re/code:
Apple iPhone Privacy Changes Lead to Layoffs at Retail Tracking Startup Nomi  —  Apple giveth, and Apple taketh away.  —  When iOS8, Apple's new mobile operating software, rolls out in the fall, a subtle change in how Wi-Fi networks identify nearby iPhones is set to upend how some retail stores are tracking repeat visits by shoppers.
Wall Street Journal:
Sprint Goes Off Beaten Track for New CEO Marcelo Claure  —  New Boss Is an Entrepreneur Who Started and Sold Businesses  —  Sprint Corp.'s new chief executive is going to stand out in Kansas.  —  Marcelo Claure is a 6-foot-6-inch Bolivian billionaire who built a global mobile-phone distributor …
Forbes:
What It's Like Raising Money As A Woman In Silicon Valley  —  Editor's note: We don't publish many anonymous pieces on Forbes.com, but this compelling first-person account of sexism in the startup world merits an exception.  I met the author several months ago and was floored by the stories …
Sam Byford / The Verge:
Line targets US users with low-cost calls to landlines, a Selfie Sticker app, and Disney games  —  Line's bears and bunnies are coming for America  —  How this Japanese chat sensation plans to win the West  —  Everyone in Japan knows Brown, the laid-back bear, and Cony …

Sponsor Posts

Microsoft:
Students are invited to the Break into Code! challenge  —  Young students can become technology creators in this first of a new series of contests from Microsoft Imagine.  Students can learn to code their first game in about an hour.
Avangate:
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Asana:
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Zoho:
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HP:
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Greg Bensinger / Wall Street Journal: