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November 26, 2014, 9:10 AM
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Richard Nieva / CNET:
US expresses ‘concern’ over EU proposal to break up Google  —  The United States Mission to the European Union says antitrust issues should not be “politicized.”  —  The United States doesn't seem to like the European Parliament's proposed breakup of Google.
Danny Hakim / New York Times:
European MP urging breakup of Google counsels law firm that represented German Magazine Publishers association, earns $15-75K annually from it  —  European Legislator Urging the Breakup of Google Has Ties to a Law Firm  —  Andreas Schwab, a German member of the European Parliament …
Ina Fried / Re/code:
In Another Fire Sale, Amazon Cuts Phone Price to $199 Unlocked, Still With a Free Year of Prime  —  It's no secret that Amazon has a lot of unsold Fire Phones, but the question has been how the retailer would look to sell its inventory.  —  Screenshot by Re/code
Kristin Cwalinski / CNBC:
Twitter has talked to Bieber-backed Shots: Source  —  What's Twitter's target now?  —  The Fast Money traders discuss Twitter's potential acquisition of “Shots,” the Justin Bieber backed selfie app run by John Shahidi.  —  Twitter has held talks with Shots, the selfie app backed by singer Justin Bieber …
Reiji Murai / Reuters:
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors  —  (Reuters) - Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.
Ingrid Lunden / TechCrunch:
Tumblr Overtakes Instagram As Fastest-Growing Social Platform, Snapchat Is The Fastest-Growing App  —  With 1.35 billion active monthly users, Facebook continues to be the world's largest social network by some margin, but when it comes to picking up new users, it appears to have reached a saturation point.
More: Neowin and Fast Company
Julia Love / Mercury News:
Union pushes for better conditions for security guards on Apple campus  —  As organized labor expands its efforts in Silicon Valley, a local union and civil rights activist the Rev. Jesse Jackson are pushing for better working conditions for the security guards who work at Apple's campus.
Department of Justice:
StealthGenie CEO ordered to pay $500K fine for selling spyware app, surrender source code to government  —  Man Pleads Guilty for Selling “StealthGenie” Spyware App and Ordered to Pay $500,000 Fine  —  A Danish citizen today pleaded guilty in the Eastern District of Virginia and was ordered …
Se Young Lee / Reuters:
Samsung Electronics to buy back $2 billion in shares  —  (Reuters) - South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.

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From Mediagazer

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

Laurence Peter / BBC:
Russia's Ministry of Justice labels BBC Russian correspondent Ilya Barabanov and science reporter Asya Kazantseva as “foreign agents”; both now live abroad

Sahil Patel / The Information:
Sources: Disney plans old-style TV channels within Disney+, with a continuous, scheduled stream of shows that are focused on certain genres like Star Wars

More News

Andrew Webster / The Verge:
Sony settles with FTC over misleading PlayStation Vita ads, to compensate customers who bought device before June 1, 2012

Earlier Picks

Ingrid Lunden / TechCrunch:
IDC: as overall tablet shipment growth shrinks from 52.5% in 2013 to just 7.2% in 2014, iPad shipments will see first ever YoY decline of 12.7% in 2014
Aaron Smith / Pew Internet:
Pew: most US internet users familiar with common terms like megabyte, captcha, but few understand concepts like Moore's Law, Internet vs. Web
Jason Del Rey / Re/code:
Twitter Introduces Offers: Discounts You Claim in Tweets and Redeem in Stores
Amir Efrati / The Information:
With Google's deal expiring in 2015, Yahoo and Microsoft compete to take over as default search engine in Safari for iOS
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