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Techmeme
October 6, 2014, 11:20 AM
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New York Times:
Hewlett-Packard Announces Breakup Plan as Technology Landscape Shifts  —  Hewlett-Packard confirmed on Monday that it planned to break into two companies.  —  The company, considered a foundational institution of Silicon Valley, said in a news release that it intended to divide itself …
Wall Street Journal:
HP announces split, boosts number of expected layoffs by 5K to 55K  —  Hewlett-Packard Announces Plans to Break Up Company  —  H-P Would Separate PC, Printer Business from Corporate Hardware, Services; Expects More Layoffs  —  Tech company Hewlett-Packard has announced that it will separate …
Barb Darrow / Gigaom:
HP is better not together — company to split into enterprise and PC/printer businesses  —  It's true.  The HP IT giant is dividing into two smaller, but still large entities, one focusing on enterprise IT, the other on PCs and printers.  —  Hewlett-Packard is now forging ahead with plans …
Mike Isaac / New York Times:
Square closes its latest round, raising $150M at a $6B valuation, led by Singapore Investment Corporation  —  Square Raises $150 Million at a $6 Billion Valuation  —  It takes money to make money, or so the saying goes.  And Square, the e-commerce start-up, wants to make a lot more money.
Benjamin Mayo / 9to5Mac:
Apple sapphire crystal supplier GT Advanced files for bankruptcy  —  Apple sapphire supplier GT Advanced Tech has today released a statement announcing that it is filing for bankruptcy under Chapter 11.  Filing for Chapter 11 means the company will be able to continue normal operations until it can resolve issues with creditors.
Josh Constine / TechCrunch:
Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger  —  Facebook Messenger is all set up to allow friends to send each other money.  All Facebook has to do is turn on the feature, according to screenshots and video taken using iOS app exploration developer tool Cycript …
Frederic Lardinois / TechCrunch:
Adobe Launches Public Beta Of Its Creative SDK For iOS, Android Coming Soon  —  At its MAX conference in Los Angeles today, Adobe announced the public beta launch of its Creative SDK.  The Creative SDK, which the company first revealed a few months ago, brings some of Photoshop's editing features …
More: 9to5Mac and iMore
Mat Honan / Wired:
Adaptive Path's acquisition by Capital One feels like the end of the long-fading Web 2.0 era  —  Adaptive Path and the Death Rattle of the Web 2.0 Era  —  You may not have heard of them, but a little company in San Francisco called Adaptive Path has had an outsized effect on the Web we know.
Zachary M. Seward / Quartz:
The cloud DVR is going mainstream before anyone knows if it's legal  —  It's perfectly legal in the US to record television programs for personal use, but the situation gets murkier when those recordings touch the web.  American courts haven't really decided if cloud DVRs …

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From Mediagazer

Todd Spangler / Variety:
Sony Pictures Entertainment and Sony Music Entertainment (Japan) agree to buy WildBrain's 41% stake in Peanuts Holdings for ~$457M, raising Sony's slice to 80%

Shane O'Neill / Washington Post:
Q&A with Christopher Anderson, who photographed Trump's inner circle for VF: “My job is to ... draw on my experience as a journalist and photograph what I see”

Alex Weprin / The Hollywood Reporter:
CBS News and The Free Press announce Things That Matter, a series of town halls and debates, starting in early 2026, with Sam Altman, J.D. Vance, and others

More News

Dawn Chmielewski / Re/code:
Beats headphones banned from appearing on camera as part of Bose sponsorship deal with the NFL

Earlier Picks

Wall Street Journal:
HP plans to split into two businesses, one for PCs and printers and the other for corporate hardware and services
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