Techmeme
March 26, 2015, 11:45 PM

Top News

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.
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, Telegraph, Guardian and Business InsiderTweets: @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.
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 …
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 …
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.
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.
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 …
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.
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:
Rich Edmonds / Android Central:
LG Watch Urbane LTE will be available in South Korea March 27 for $590  —  LG Watch Urbane LTE to launch in South Korea on March 27  —  The LG Watch Urbane LTE is set to go on sale in South Korea on March 27.  Priced at 650,000 KRW ($590), the company will use its premium range of watches to compete directly with the Apple Watch.
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 …
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.

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Dan Seifert / The Verge:
Richard Lai / Engadget: