Techmeme
June 11, 2015, 5:00 PM

Top News

Twitter Investor Relations:
Dick Costolo out as Twitter CEO, Jack Dorsey to step in as interim CEO, effective July 1  —  Twitter Initiates CEO Transition  —  Dick Costolo to Step Down as CEO on July 1 and Continue on Board of Directors Co-Founder and Chairman Jack Dorsey to Become Interim CEO While Board Conducts …
Paul Ford / Bloomberg Business:
Code: what it is, how it's evolved, and why it matters for all businesses  —  What Is Code?  —  You are an educated, successful person capable of abstract thought.  A VP doing an SVP's job.  Your office, appointed with decent furniture and a healthy amount of natural light filtered through vertical blinds …
Josh Constine / TechCrunch:
Oculus unveils its consumer Rift VR headset  —  Oculus Unveils Consumer Rift Headset With Wireless Xbox One Controller  —  This is no developer kit.  Oculus today gave the world the first look at its consumer virtual reality headset.  It ships with a small, table-top camera on a stand …
Josh Constine / TechCrunch:
Nivedita Bhattacharjee / Reuters:
iPhone maker Foxconn in talks to build first Apple plant in India  —  Foxconn Technology is in talks to manufacture Apple's iPhone in India, government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players.
Aga Guzik / Skype Blogs:
Skype to retire modern Windows touch app on July 7, to retain single desktop app for keyboard, mouse, and touch  —  A More Efficient Skype Experience for Your PC  —  At Skype we want to help you do more together with the people you care about by delivering the best possible experiences to the devices you use.
EU Press Room:
Antitrust: Commission opens formal investigation into Amazon's e-book distribution arrangements  —  The European Commission has opened a formal antitrust investigation into certain business practices by Amazon in the distribution of electronic books ("e-books").
Jordan Novet / VentureBeat:
Twitter will increase DM character limit from 140 to 10,000 in July  —  Got email marketing?  We've got best practices from LivingSocial and estate sale guru Everything But The House in our next Insight webinar.  —  Get ready to receive Twitter direct messages that are a lot longer.
Kellex / Droid Life:
Sources: New Nest Cam is a slimmed down version of Dropcam; new app has updated UI, slide-down menu, button-heavy interface  —  This is the Nest Cam and the New Nest App for Android  —  You know that story from earlier today that suggested Nest may unveil a new wireless camera at next week's event?
Amy Schatz / Re/code:
FTC takes first action against a fraudulent Kickstarter campaign, after cancelled board game fails to refund backers  —  FTC Takes First Action Against a Fraudulent Kickstarter Campaign  —  It's not okay to raise thousands of dollars through Kickstarter and keep the money without producing anything …
Sarah Buhr / TechCrunch:
Product Hunt makes first expansion away from tech with new gaming category to be led by Polygon co-founder Russ Frushtick  —  Product Hunt Levels Up With A Gaming Category  —  Product Hunt, the platform for upvoting the top tech products, is making its first expansion outside of tech …

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Adi Robertson / The Verge:
Steve Lohr / New York Times: