Techmeme
October 29, 2014, 11:10 AM

Top News

Mike Isaac / New York Times:
MCX forbids participating retailers from accepting any competing mobile payment products, will issue “steep” fine if contract broken  —  Apple Pay Runs Afoul of MCX, a Group With a Rival Product  —  One week after its debut, Apple's new mobile wallet is showing promise with consumers.
Eric Slivka / MacRumors:
MCX Confirms Retailer Exclusivity for CurrentC Mobile Payments, but No Fines for Leaving Consortium  —  Much of the Apple news in recent days has centered around Apple Pay and what Tim Cook referred to on Monday as a “squirmish” in which several retailers backing a competing mobile payments initiative known …
Facebook:
Facebook Reports Third Quarter 2014 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended September 30, 2014.  —  “This has been a good quarter with strong results,” said Mark Zuckerberg, Facebook founder and CEO.  “We continue to focus on serving …
Josh Constine / TechCrunch:
WhatsApp's First Half Of 2014 Revenue Was $15M, Net Loss Of $232.5M Was Mostly Issuing Stock  —  Facebook disclosed financials of its $22 billion acquisition of WhatsApp for the first time today, and it looks like the 600 million user messaging app's revenue is still small.
Ellen Nakashima / Washington Post:
Unclassified White House network breached, no system damage or evidence of classified network hack  —  Hackers breach some White House computers  —  Hackers thought to be working for the Russian government breached the unclassified White House computer networks in recent weeks, sources said …
Mary Jo Foley / ZDNet:
Microsoft aims to release Office 16 in second half of 2015; Mac preview and Android tablet versions expected “soon”  —  Microsoft's latest target release date for Office 16: Second half 2015  —  Summary: Microsoft is targeting the second half of calendar 2015 as its latest release target …
Jon Russell / TechCrunch:
Reddit Gets Into Crowdfunding With Redditmade  —  Reddit is continuing to expand its presence beyond its wildly popular sharing site — known as the front page of the internet for many — after it jumped into the world of crowdfunding with Redditmade, a service that allows moderators to set up projects which can be backed by Redditors.
Sarah Perez / TechCrunch:
Former Google Wallet Head Launches Poynt, A “Future-Proofed” Payment Terminal  —  The former head of Google Wallet and longtime PayPal exec, Osama Bedier, is this morning revealing his new company Poynt, a “future-proofed” payment terminal that combines an Android-based tablet with a hardware docking station …
Mikey Campbell / AppleInsider:
Apple's Greg Joswiak blames iOS 8.0.1 issues on software distribution  —  In a rare interview on Tuesday, Apple VP of iPhone, iPod, and iOS Product marketing Greg “Joz” Joswiak mostly towed the company line, but did reveal that issues with last month's iOS 8.0.1 rollout were caused by software distribution issues.
Patrick Howell O'Neill / The Daily Dot:
Verizon's tech news site SugarString won't let writers report on US spying or net neutrality  —  Verizon is launching a tech news site that bans stories on U.S. spying  —  Verizon is getting into the news business.  What could go wrong?  —  The most-valuable, second-richest telecommunications company …
Phil Goldstein / FierceWireless:
Apple exec: Don't expect Apple SIM to show up in iPhones  —  HALF MOON BAY, Calif.—Apple (NASDAQ: AAPL) decided to put its Apple SIM card inside its new iPads because it didn't know which wireless carriers its customers would choose and because the company wanted to give its customers more choice, according to an Apple executive.
Kevin Fitchard / Gigaom:
Ruckus launches its first small business router: Could this be Google's new Wi-Fi hardware?  —  Ruckus Wireless will supply the gear for Google's planned business Wi-Fi service, Gigaom has learned.  The catch is Ruckus has never sold any small business products — not until today, that is.
Reiji Murai / Reuters:
Nintendo on track for its first annual profit in 4 years on strong Mario Wii U sales, weak yen  —  Nintendo beats forecasts on Mario Wii U lift, on track for full-year profit  —  (Reuters) - Japanese video game maker Nintendo Co vaulted to an unexpected quarterly operating profit as new game …
Jon Russell / TechCrunch:
LG Shipped A Record 16.8 Million Smartphones In Q3 2014, Up 39% Year-On-Year  —  Samsung is under-pressure as a long-period of growth continues to flatten out, but things couldn't be going much better for fellow Korean phone-maker LG, which just announced that it shipped a best-ever 16.8 million smartphones in Q3 2014.
Andy Chalk / PC Gamer:
Twitch changes its rules of conduct to forbid topless and “sexually suggestive” streaming  —  You may have the body of a Greek god, all rippling muscle and taut sinew, but no matter how good you look in a Speedo (or out of one), Twitch would very much appreciate it if you'd keep yourself covered up while you're streaming on its service.

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