Xbox One with 1TB storage costs $399, starts shipping to US retailers June 16; 500GB console price reduced to $349  —  New Xbox One 1TB Console Unveiled, Xbox One 500GB Console Reduced to $349  —  Next week, Xbox is kicking off the biggest games week of the year as we head to Los Angeles …

The Strengths And Weaknesses Of Apple Music  —  Spotify killer?  Or Ping 2.0?  Apple today finally announced its move into on-demand music streaming with the unveiling of Apple Music.  Now the question is whether Apple Music will be a hit with the public, bringing legions of new users to streaming and stealing from competitors.

DoJ issued a grand jury subpoena to identify commenters on a Silk Road post at Reason.com, alleging threats were made against federal judge  —  Feds Want to ID Web Trolls Who ‘Threatened’ Silk Road Judge  —  On Dark Web sites like the Silk Road black market and its discussion forums …

Instagram is launching a redesigned website with bigger photos  —  Instagram's website is about to look much nicer.  It's introducing a new web design on desktop and mobile this week that cleans up the page and makes photos much bigger than they are now.  Most noticeable is the change …

Meal kit delivery startup Blue Apron raises $135M Series D led by Fidelity at a $2B valuation, delivers 3M meals a month  —  Blue Apron Eats Up $135M At A $2B Valuation  —  Blue Apron has just announced that it closed a $135 million round of funding led by Fidelity Management and Research Company …

Twitter makes conversations easier to follow on Tweet pages by grouping conversations together and highlighting interesting exchanges  —  Making conversations easier to follow on the Tweet page  —  Every day, people come to Twitter to be a part of real-time conversations unfolding …

TiVo now lets subscribers stream recordings and live TV via the web but only when device is connected to the same Wi-Fi network as the DVR  —  TiVo Now Lets Subscribers Stream Recordings And Live TV Via The Web  —  DVR maker TiVo announced today a new product called TiVo Online that will allow …

Brit+Co Confirms $20M Raise Led By Intel, Acquires How-To App Snapguide  —  Big news today for Brit + Co., the lifestyle media and e-commerce business aimed at people interested in crafty projects.  The startup has confirmed that it's raised $20 million in funding, and it has acquired user …

In China, Uber pays drivers bonuses of up to 3X the fare, to establish itself in the country  —  Uber Spends Heavily to Establish Itself in China  —  HONG KONG — Uber is spending money at a breakneck rate to crack the China market — even paying its drivers more than the fares they collect.

AOL acquires and shuts down predictive-analytics startup Velos  —  AOL has acquired a predictive analytics startup called Velos for an undisclosed sum and has shut down the startup's service, which enabled companies to connect data sets, clean up data, and run predictive models.

Messaging app Jott works without a data plan or WiFi connection, hits 500K active users in US, mostly junior high and high school students  —  Messaging App Jott Is Blowing Up Among Junior High And High Schoolers  —  As Facebook and YikYak try to grow a younger audience …