Techmeme: Sources: Magic Is Raising $12M From Sequoia At A $40M Valuation (Jordan Crook/TechCrunch)

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March 26, 2015, 10:45 PM

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Adam Lashinsky / Fortune:

Profile: since replacing the legendary Jobs, Tim Cook has led Apple to even greater financial success and changed the culture of the company — Apple's Tim Cook leads different — Tim Cook assumed he was ready for the harsh glare that shines on Apple's AAPL CEO.

More: Fortune, AppleInsider, Macworld, MacRumors, iPhone in Canada Blog, SiliconBeat, iDownloadBlog.com, Cult of Mac, TIME, iMore, App Advice, 9to5Mac, MacDailyNews, Yahoo Tech, Business Insider and Business Insider

Tweets: @niallharbison, @eghosao and @adamlashinsky

Reuters:

Tim Cook plans to donate most of his estimated $785M fortune to charity — Apple's Tim Cook will give away all his money: Fortune — (Reuters) - Apple Inc (AAPL.O) Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.

More: CNET, Guardian, Telegraph and Business Insider. Tweets: @tim

Mark Gurman / 9to5Mac:

Apple Watch launch retail stock to be limited for many models, reservations favored — If you want to buy the Apple Watch model of your choice at an Apple Store at launch, you should consider pre-ordering online or through an Apple Store reservation, sources have told 9to5Mac.

More: IBT, BGR, PC Magazine, Ubergizmo, InvestorPlace, App Advice, Network World, TechnoBuffalo, Gotta Be Mobile, MacNN, MacStories, Mobile Marketing Watch, Geeky Gadgets, iPhone in Canada Blog, AppleTell, MacRumors, Business Insider and iLounge. Tweets: @markgurman

Zac Hall / 9to5Mac:

Apple begins releasing the first set of third-party Watch apps from AliPay, Evernote, Expedia, Line, NYT, Target, WeChat, WSJ, more — Apple begins releasing the first set of third-party Apple Watch apps — The Apple Watch is still almost a month away from shipping and 15 days away …

More: MacRumors, AppleInsider, Cult of Mac, iPhone in Canada Blog, Gotta Be Mobile and App Advice. Tweets: @markgurman. Thanks:@bzamayo

Jordan Crook / TechCrunch:

Sources: Magic Is Raising $12M From Sequoia At A $40M Valuation — Magic, an SMS-based on-demand delivery service that started as a YC company's weekend project, is raising $12 million in Series A funding led by Sequoia, according to sources. Sources also say that the company …

More: Business Insider. Tweets: @zsims, @zpower and @evelynrusli

Douglas MacMillan / Wall Street Journal:

Slack's next funding round of up to $160M will value company at $2.8B, to include new investors IVP, Horizons Ventures, Index Ventures, DST Global — Slack's Valuation More Than Doubles to $2.8 Billion in Five Months — The growing popularity of workplace collaboration tool Slack …

More: VatorNews, Techvibes Global News, Business Insider and VentureBeat

Tweets: @scottmaustin, @collisionhq, @howardlindzon and @wsjd

Tom Dotan / The Information:

Google partners with Mummy producer Sean Daniel Co. to make its augmented reality game Ingress into a TV show — Google Takes Its Web Game to TV — When Google launched a gaming studio five years ago, it was largely an effort to keep a valued employee. Now, the first game developed by the studio …

More: CNET, The Verge, Pocket-lint, Ubergizmo, Android Police, Engadget, SlashGear and TrustedReviews

Paul Sawers / VentureBeat:

Amazon Cloud Drive goes unlimited: $11.99/year for photos and $59.99/year for everything — Amazon has announced two unlimited storage plans for its consumer cloud-based storage service, Amazon Cloud Drive, which sees a massive price reduction for its giant hard-drive in the sky.

More: Amazon.com, Gizmodo, TechCrunch, iDownloadBlog.com, MacRumors, Digital Trends, eWeek, AndroidOS.in, PhoneDog.com, App Advice, AndroidGuys, Geeky Gadgets, Electronista, Business Insider, SlashGear, The Next Web, The Verge, AppleInsider, BGR, ZDNet, Android Police and CNET. Tweets: @psawers

Spencer Woodman / The Verge:

Exclusive: Amazon makes even temporary warehouse workers sign 18-month non-competes — Contract says it can limit jobs across the globe — Amazon is the country's largest and most sophisticated online retailer, but it still runs largely on manual labor. Scattered around the country …

More: Gizmodo, PandoDaily, Consumerist and Tech Times. Tweets: @aworkinglibrary

Mary Jo Foley / ZDNet:

Microsoft buys Office collaboration tool maker LiveLoop: Sources — Summary:Microsoft has bought another productivity company. This time it's LiveLoop, a vendor of collaboration plug-ins and tools for Microsoft Office. — Microsoft has purchased San Francisco-based LiveLoop for an undisclosed amount, according to sources.

More: VentureBeat, GeekWire and Windows Central. Tweets: @maryjofoley

Tom Occhino / Facebook Code:

Facebook open sources React Native framework for building native apps for iOS with JavaScript, Android support coming soon — React Native: Bringing modern web techniques to mobile — If you're new to React, you can read more about it on the React website.

More: GitHub, TechCrunch, Business Insider, Facebook, PC World, SlashGear, TechCrunch, The Next Web, ReadWrite, InfoQ, InfoWorld and React

Casey Newton / The Verge:

Twitter launches Periscope: replays are its killer feature, push notifications are noisy — Periscope, Twitter's answer to Meerkat-style live streaming, is now available — Live-streaming apps are the thirstiest of all media. A Facebook post wants a like, a tweet begs for favs, and a snap means little without a response.

Alexia Tsotsis / TechCrunch:

How Periscope was started, sold to Twitter, what its co-founder thinks about Meerkat being first to market and about providing quality video at low latency

Alex Konrad / Forbes:

How Super Angel Chris Sacca Made Billions, Burned Bridges And Crafted The Best Seed Portfolio Ever — Between the parade of wet suits and abundant seafood and yoga joints, Manhattan Beach, just south of Los Angeles, tries to cling fast to its surf town roots. It's a tough battle.

Tweets: @alexiskold, @reformedbroker, @sacca, @getwired and @danprimack

Liz Gannes / Re/code:

On-demand food delivery service DoorDash raises $40M in a KPCB led Series B round — DoorDash Raises $40 Million for On-Demand Delivery — In what we've called the instant gratification economy, a mess of on-demand delivery companies are now sorting themselves out.

More: DoorDash Blog and bizjournals

Josh Constine / TechCrunch:

Ex-Beats Music CEO David Hyman's music competition app Chosen launches as invite-only beta — Crush Someone's Dreams In Music Competition And Judging App Chosen — If American Idol was mobile-first, it'd be Chosen. Built by ex-CEO of Beats Music, Gracenote, and Mog David Hyman …

More: Hollywood Reporter, Variety, Wall Street Journal, Re/code, Los Angeles Times, Billboard, Digital Music News, Boing Boing, Engadget, App Advice, Tech Times, USA Today, Cult of Mac and New York Times. See also Mediagazer

Richard Lai / Engadget:

HTC One M9 to go on sale for $649 unlocked tonight — Never mind that M9+ thing in China. Back in the US, it's all about the M9 for local HTC fans, as the device is about to hit the official online store at midnight ET for $649 unlocked (it'll have the same bands as the AT&T model).

Jessica Guynn / USA Today:

SEC filing shows Google's new CFO Roth Porat will receive $5M sign-on bonus, $65M restricted stock, $650K annual salary — Google's new CFO Ruth Porat negotiates sweet pay package — Google's new CFO Ruth Porat has negotiated a sweet pay package (Associated Press)

More: GeekWire, SiliconBeat, Mercury News, New York Times, Bloomberg Business, Forbes and Business Insider Australia

Deepa Seetharaman / Wall Street Journal:

Facebook's solar-powered Internet drone, dubbed Aquila, with a wingspan of a Boeing 737 to begin testing this summer — Facebook, Moving Ahead with Drone, Plans Test This Summer — Facebook plans to test a version of its solar-powered drone this summer, a step in its efforts …

More: New York Times, TechCrunch, GeekWire, Popular Mechanics, Mashable, Fox News, CBS San Francisco, Engadget, The Drum, Seeking Alpha, Tech Times, Business Insider and The Next Web

Tom Warren / The Verge:

Google to improve scrolling in Chrome with support for Pointer Events, a standard introduced by Microsoft in Internet Explorer — Google will finally improve Chrome scrolling using a Microsoft invention — Google is finally adopting a standard that supports both mouse and touch navigation for its Chrome browser.

More: Ars Technica, ITworld.com, Engadget, Tech Times, Phandroid and Ubergizmo

Claire Cain Miller / New York Times:

Microsoft requiring its 2K contractors to provide 15 paid days of sick leave and vacation — Corporate Peer Pressure: From Microsoft, a Novel Way to Mandate Sick Leave — From Microsoft, a Novel Way to Mandate Sick Leave — The company announced that many of its 2,000 contractors …

More: Microsoft on the Issues, bizjournals, GeekWire and Fortune

James Vincent / The Verge:

Social news app Nuzzel arrives on Android — Nuzzel for Android lets you know what stories your friends are talking about — Nuzzel is basically a free social RSS reader for news stories shared by your friends. The service — which is already available on the web and iOS — launches on Android today.

More: The Next Web and Android Authority

Gordon Mah Ung / PC World:

New 3D NAND flash will triple capacity of SSDs, Intel and Micron say — Standard consumer SSDs will increase up to an astounding 10TB of storage, thanks to a new type of 3D NAND flash memory that Intel and Micron introduced Thursday morning. — The two companies, longtime joint partners …

More: CNET and Wall Street Journal

Frederic Lardinois / TechCrunch:

Google Cloud Launcher Lets Developers Quickly Deploy Over 120 Popular Open-Source Packages — Google and Bitnami are launching a new feature for Google's Cloud Platform today that makes it easier for developers to deploy over 120 popular open-source applications to its Cloud Platform.

More: eWeek, Google Cloud Platform Blog, GeekWire, ZDNet and The Next Web

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