Techmeme
December 12, 2014, 12:45 PM

Top News

TechCrunch:
China's Baidu Set To Partner With Uber And Reportedly Invest Up To $600M  —  Uber may have just raised a fresh $1.2 billion this month, but the company looks set to welcome a new investor, Chinese internet giant Baidu, which is reportedly set to invest as much as $600 million into the U.S. firm.
Jason Del Rey / Re/code:
Apple online retail stores in US and UK now accepting PayPal  —  Apple's Online Store Starts Accepting PayPal  —  Apple.com shoppers in the U.S. and the U.K. have a new way to pay for the latest iPhone or iPad: PayPal.  Previously available as a payment option only in Apple's app and content stores …
Todd Bishop / GeekWire:
Xbox One sells 1.2M units in U.S. in November, topping PS4 and Wii U in early holiday battle  —  Microsoft's Xbox One posted overall record unit sales in November, with 1.2 million units sold in the U.S. — reaping the benefits of a $50 price cut to top the PlayStation 4 and Wii U …
Jordan Crook / TechCrunch:
Google Announces The Top Apps, Movies, Music Of 2014  —  Google has just released its ‘best stuff of the year’ on Google Play for 2014, and in terms of most downloaded content, it's not all that different from Apple's list.  —  Frozen, The Walking Dead, and Fancy by Iggy Azalea all placed …
Chris Mills / Gizmodo:
YouTube is experimenting with a built-in GIF maker tool for videos  —  YouTube Now Lets You Make GIFs From Videos  —  Making short GIFs of YouTube videos is a pretty well-established practice now — so much so that there's dozens of websites dedicated to this finest of art forms.
Matthew Miller / ZDNet:
Sony SmartWatch 3 review: best Android Wear smartwatch for active users with GPS and offline music playback  —  Sony SmartWatch 3 review: Goodbye MOTOACTV, hello future of Android Wear  —  Summary:The Sony SmartWatch 3 earned a permanent spot on Matthew's wrist due to the ability to serve …
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Cromwell Schubarth / Silicon Valley Business Journal:
New Relic shares jumps more than 45% over IPO price of $23 in public trading debut  —  New Relic IPO raises $115M, stock jumps in debut  —  New Relic raised $115 million and its stock jumped as the market for new public companies from the Bay Area took an upturn this week.
Oculus VR:
Oculus acquires skeletal hand tracking firm Nimble VR and 3D mapping company 13th Lab, hires motion capture expert Chris Bregler  —  Nimble VR, 13th Lab, and Chris Bregler join Oculus  —  Computer vision is at the heart of delivering comfortable and incredible virtual reality.
Tom Huddleston Jr / Fortune:
Google to close its Russian engineering office before country's new rules on data storage take effect Jan. 2015  —  Google gives a big ‘nyet’ to Russian engineering operations  —  Google may be the latest tech company to pull up stakes in Russia.  —  The online search giant is reportedly planning …
Harrison Weber / VentureBeat:
Adobe acquires stock photo giant Fotolia for $800 million in cash  —  Buried within its fourth quarter earnings report, creative technologies company Adobe today revealed it plans to acquire Fotolia, a stock photo site which hosts 34 million images and videos.

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