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August 13, 2014, 8:25 AM
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Daniel Cooper / Engadget:
Amazon introduces its $10 mobile card reader, Local Register, and undercuts Square and PayPal transaction fees  —  Amazon undercuts Square and PayPal with its own mobile card reader  —  Square's grand plan to democratize credit card payments has inspired a clutch of imitators, the latest of which is Amazon.
Kaylene Hong / The Next Web:
WeChat climbs to 438 million monthly active users, closing in on WhatsApp's 500 million  —  Tencent published its earnings today for the second quarter of 2014, revealing a new milestone for its WeChat messaging app: it has risen to 438 million monthly active users, up from 396 million the previous quarter.
Chris Ziegler / The Verge:
Samsung may unveil VR headset at September 3 event; image shows similarities to Google's Cardboard  —  This is Samsung's VR headset  —  Samsung will be showing its rumored virtual reality headset at its upcoming product event in early September, The Verge has learned, where the company widely expected to announce the Galaxy Note 4.
Ina Fried / Re/code:
HTC builds separate business unit to make software for more than just HTC phones, launching Zoe video app for Android this week  —  HTC Builds Software Business Amid Tough Phone Market  —  Despite building some of the sexiest smartphones this side of Apple, HTC's hardware and financial challenges have been well documented.
Roy Goldenberg / Globes Online:
Taxi hailing app co GetTaxi raises $150m  —  The company will expand services to European cities beyond its existing operations in London, Moscow and St. Petersburg.  —  Taxi hailing app company GetTaxi has raised $150 million in a huge financing round.  The company has yet to name …
Sebastian Anthony / ExtremeTech:
Reversible USB Type-C connector finalized: Devices, cables, and adapters coming soon  —  The USB Promoter Group has announced that the greatest invention in the known universe — the reversible Type-C USB connector — is finally ready for mass production.  The USB Implementers Forum …
Ron Miller / TechCrunch:
Lookout Lands $150M To Bring Mobile Security Product To Enterprise  —  Lookout, a mobile security product that to this point has been mostly geared towards consumers, announced today they had snagged $150M in Series F funding to begin focusing on enterprise customers.
Victor H. / PhoneArena:
Samsung launches Galaxy Alpha, 4.7 inch, metal frame, octa-core, $689 off-contract, arrives September  —  Samsung Galaxy Alpha is now official: metal-made and the thinnest Galaxy yet  —  After months of endless leaks, rumors and speculations, the Samsung Galaxy Alpha has finally gone official.
Sonja Hegman Andras / AllFacebook:
Facebook Engineers Kill iOS Bug, Reduce Crash Rate by 50%  —  Facebook engineers have solved a long-term mobile bugging issue in iOS, reducing its crash rate by more than 50 percent.  According to the company's engineering blog, one of mobile's top crashes was in the Apple Core Data system.
Frederic Lardinois / TechCrunch:
Google Opens Classroom, Its Learning Management Tool, To All Teachers  —  Back in May, Google announced the limited preview of Classroom, a tool that aims to make it easier for teachers to stay in touch with their students and to give them assignments and feedback.
Scott Wasson / The Tech Report:
Errata prompts Intel to disable TSX in Haswell, early Broadwell CPUs  —  The TSX instructions built into Intel's Haswell CPU cores haven't become widely used by everyday software just yet, but they promise to make certain types of multithreaded applications run much faster than they can today.
Steven Levy / Wired:
Ex-Siri engineers promise consumer-friendly digital assistant “Viv” that can teach itself  —  Forget Siri: This Radical New AI Teaches Itself and Reads Your Mind  —  Viv was named after the Latin root meaning live.  Its San Jose, California, offices are decorated with tsotchkes bearing …
Takashi Mochizuki / Wall Street Journal:
New on Messaging App Line: Stock Trading  —  In Asia, people are using messaging apps to do a lot more than just send messages.  Popular Asian apps like Line, WeChat and Kakao Talk all offer many additional features like photo-sharing, games and online shopping.  Now, you can add one more to the list: stock trading.
Tweets: @counternotions
Alexander Gaffney / RAPS:
After FDA warns companies “Liking” unapproved claims on Facebook, are Twitter favorites next?  —  FDA Targets Companies for Facebook ‘Likes.’ Is Twitter Next?  —  Over the last two years, two companies have found themselves in the sights of the US Food and Drug Administration …
Sarah Perez / TechCrunch:
Shift Is Developing A Debit Card That Lets You Spend Digital Currency, Loyalty Points And Regular Money  —  In the San Francisco Bay Area and elsewhere in the world, 100 people are testing out a debit card that lets them pay with bitcoin and ripple, and, in the future, regular money and loyalty points.
Jillian D'Onfro / Business Insider:
Internal documents from LinkedIn explain how the Bizo acquisition could lead to a $US1B B2B marketing platform by 2017  —  Leaked: Here's How LinkedIn Plans To Have A New Billion-Dollar Business In 3 Years  —  LinkedIn plans to break into the $50 billion business-to-business marketing space …
More: Bloomberg
Mark Gurman / 9to5Mac:
Apple Stores to start offering iPhones via carrier financing on Aug. 20th  —  A significant number of Apple Stores in the United States will likely begin offering iPhone sales via the latest carrier financing programs later this month, according to several sources.
More: MacNN and SlashGear
Mike Isaac / New York Times:
Uber says Lyft cancelled 12.9K Uber rides, and Lyft investors pressured Uber to buy Lyft  —  Accusations Fly Between Uber and Lyft  —  All is fair, they say, in love and war.  And Uber and Lyft, two smartphone-based car services, are most certainly at war.
Nick Summers / The Next Web:
Sony has sold 10 million PlayStation 4 consoles worldwide  —  Sony is on a roll.  During its press conference at Gamescom 2014, the company announced it has now sold 10 million PlayStation 4 consoles worldwide.  —  To be clear, this is the number of consoles that have been bought by consumers …

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From Mediagazer

Ruth La Ferla / New York Times:
Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more

Todd Spangler / Variety:
Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards

Andrew Beaujon / Washingtonian:
Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist

More News

Ben Thompson / stratechery:
BuzzFeed's valuation reflects how the Internet is narrowing the difference between media and software distribution

Earlier Picks

Tom Warren / The Verge:
Microsoft will offer a $499 Call of Duty Xbox One bundle with 1TB of storage, but no Kinect
Jacob Kastrenakes / The Verge:
OnePlus asks women to participate in degrading contest to get a smartphone
Emil Protalinski / The Next Web:
Twitter launches Promoted Video ads in beta, only charging advertisers when a user hits play
Ina Fried / Re/code:
Apple's Diversity Report: 70 percent Male, 55 percent White in U.S.
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