Techmeme
August 26, 2014, 1:15 PM

Top News

Cliff Kuang / Wired:
Instagram releases Hyperlapse iOS app for creating fast, smooth time-lapse videos  —  Hyperlapse, Instagram's New App, Is Like a $15,000 Video Setup in Your Hand  —  Today, Instagram is lifting the veil on Hyperlapse, the company's first-ever app outside of Instagram itself.
Amazon.com:
Amazon acquiring Twitch for $970M in cash  —  Amazon.com to Acquire Twitch  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced that it has reached an agreement to acquire Twitch Interactive, Inc., the leading live video platform for gamers.  In July, more than 55 million unique visitors viewed …
Ryan Mac / Forbes:
Amazon Pounces On Twitch After Google Balks Due To Antitrust Concerns  —  One technology giant's loss is another's gain.  —  In May, Variety first reported that Google was in talks to acquire video game streaming company Twitch for more than $1 billion.  Three months later …
Darrell Etherington / TechCrunch:
Uber Begins Testing Lunch Delivery With UberFRESH  —  Uber isn't done producing variations on the theme of on-demand wheels - the startup has now begun testing uberFRESH, a service that provides lunch between 11:30 PM and 2:30 PM to customers in the Santa Monica trial area first …
Faryaab S. / SamMobile:
Exclusive: Galaxy Note 4 to sport Synaptics' Natural ID tech, New fingerprint features  —  Since the beginning of the month, we have been exclusively revealing details about Samsung's upcoming flagship phablet device, the Galaxy Note 4, bit by bit.  Last week, we spilled the beans …
Bill Steele / Cornell Chronicle:
Robo Brain: a repository of information mined from the internet, for robots to draw on  —  ‘Robo Brain’ mines the Internet to teach robots  —  To serve as helpers in our homes, offices and factories, robots will need to understand how the world works and how the humans around them behave.
Peter Bright / Ars Technica:
Microsoft cuts Surface 2 price by $100, hinting at successor or discontinuation  —  Surface 2 prices slashed, hinting at discontinuation or replacement  —  Microsoft has cut $100 off the price of its Surface 2 Windows RT tablets.  This puts the cheapest 32GB unit at $349, the 64GB unit at $449 …
The Verge:
The Rise and Fall and Rise of Virtual Reality  —  In the wake of Facebook's purchase of Oculus VR, can this revolutionary technology triumph anew?  Seeing is Believing: The State of Virtual Reality By Matthew Schnipper The promise of virtual reality has always been enormous.
Re/code:
Box Taps Former LifeLock and Salesforce Dealmaker Iltchev for New SVP Slot  —  Box, the IPO-bound Silicon Valley cloud-storage and collaboration company has hired Villi Iltchev, the executive who led LifeLock's acquisition of Lemon, to head up its corporate development and acquisition strategy.
Foo Yun Chee / Reuters:
Exclusive: Chipmaker Qualcomm may face EU antitrust probe  —  (Reuters) - Qualcomm, the world's No. 1 mobile chipmaker, may face a European antitrust investigation in relation to a four-year-old complaint by a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday.
Rachel King / ZDNet:
Google getting into cloud-based visual effects with Zync buy  —  Summary: Previously a proud Amazon EC2 customer, the visual effects provider is also moving over to Google Cloud Platform.  —  Google is acquiring Zync Inc., bolstering the Internet giant's cloud-based offerings for creative professionals.
Robin Wauters / Tech.eu:
Twitter expands its advertising network in Europe with 12 countries, mainly in the CEE region  —  Twitter this morning announced on its blog that it is significantly broadening its ad network in Europe, more than doubling the number of countries on the continent it is available in today.

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