Techmeme: Twitter shares jumped about 10% on news of CEO Dick Costolo stepping down (Kristen Scholer/Wall Street Journal)

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June 11, 2015, 7:25 PM

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Twitter Investor Relations:

Dick Costolo to step down as Twitter CEO, will remain on board; Jack Dorsey to become 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 …

Kristen Scholer / Wall Street Journal:

Twitter shares jumped about 10% on news of CEO Dick Costolo stepping down — Twitter Soars on News CEO Dick Costolo is Stepping Down — Shares of Twitter Inc. are rallying on news CEO Dick Costolo is stepping down. — The social media site's stock shot up about 10% …

More: Tech Trader Daily and Forbes. Tweets: @carnage4life, @joshconstine and @nicoleperlroth

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 …

More: The Verge, Re/code, Fortune, The Verge, Engadget, The Register, VentureBeat, The Next Web, Computerworld, Xbox Wire, Engadget, Los Angeles Times, GeekWire, CNET, Ars Technica, Ubergizmo, ABC News, CNET, Digital Media Wire, SlashGear, Seeking Alpha, Wall Street Journal, Forbes, VentureBeat, ZDNet, The Verge, SlashGear, VG247 and Gotta Be Mobile

Tweets: @devindra, @erickschonfeld and @devindra

Josh Constine / TechCrunch:

Oculus Previews “Oculus Touch” Handheld Motion-Tracking Haptic Controllers

More: The Verge, PCWorld, GeekWire, VentureBeat, PC Gamer, Engadget, bizjournals, The Next Web, The Verge, GameSpot, TechRadar.com, Gamasutra, IGN, VG247, Road to VR, Mashable, Attack of the Fanboy, SlashGear and VRFocus

Dave Smith / Business Insider:

Oculus Rift will ship with Xbox One controller so you can play Xbox One games through the VR headset in new partnership between Oculus and Microsoft

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 …

More: Slate, Bloomberg L.P. and Gizmodo

Tweets: @adamdscott, @kennethn, @bizweekgraphics, @joshuatopolsky, @adrianchen and @craigmod

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.

More: VentureBeat, Forbes, PC Magazine, Ars Technica, Computerworld, GSMArena Blog, Digital Trends, The Verge, WinBeta, BetaNews, SlashGear, Neowin, The Next Web, CNET, ZDNet, TechCrunch, PCWorld, Windows Central and International Business Times

Dan Primack / Fortune:

2015 could be the slowest year for VC-backed tech IPOs since financial crisis; only seven VC-backed tech companies have gone public this year — Something is rotting under Silicon Valley — I spent a good chunk of last week in Silicon Valley, speaking to venture capitalists who mostly wanted …

Tweets: @jessicalessin

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.

More: CNET, ValueWalk, 9to5Mac, Ubergizmo, MacRumors, AppleInsider, TechnoBuffalo, ZDNet, The Tech Portal, Cult of Mac, iDownloadBlog.com and Technology Personalized

Jordan Novet / VentureBeat:

Twitter will increase DM character limit from 140 to 10,000 in July — Get ready to receive Twitter direct messages that are a lot longer. — Twitter announced today that DMs will no longer be capped at 140 characters. Now they will be limited to 10,000 characters.

More: Twitter Developers, TechCrunch, VatorNews, CNET, Macworld, International Business Times, GeekWire, Android Police, 9to5Mac, Marketing Land, Engadget, The Daily Dot, iMore, Business Insider, The Next Web, Fortune, Vox, Wired and WebProNews

Tweets: @panzer, @miriamgottfried, @joannastern and @cwarzel

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").

More: Reuters, AppleInsider, Daring Fireball, Bloomberg Business, Inquirer, Wired, StreetWise Journal, The Register, Ink, Bits, & Pixels, GeekWire, Forbes, Guardian, Digital Trends, CNET, Ars Technica, TechEye and The Verge. See also Mediagazer

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 …

Liam Spradlin / Android Police:

Early look at Hangouts 4.0 for Android: cleaner UI, new status option, still no tablet layout — An Exclusive Early Look At Hangouts 4.0 — Liam loves Android, design, user experience, and travel. He doesn't love ill-proportioned letter forms, advertisements made entirely of stock photography, and writing biographical snippets.

More: 9to5Google, MobileSyrup.com, TechSpot, PhoneDog.com, GSMArena Blog, Greenbot, Phandroid, Ausdroid and AndroidGuys

Mike Isaac / New York Times:

Kevin Rose's Watchville merging with wristwatch enthusiast site HODINKEE; combined company raising $3.6M from True Ventures as Rose becomes NYC-based CEO — Kevin Rose Moves On From Silicon Valley to Watches — For some start-up founders, once you get the bug to create your own companies, it is hard to stop.

More: HODINKEE, TickTocking, The Next Web, Business Insider, Summer Tomato and Medium

Tweets: @ow, @marshallk and @edzitron

Jeff John Roberts / Fortune:

Court refuses to halt FCC rules, net neutrality rules go into effect on Friday — In a victory for the Federal Communications Commission, a Washington appeals court on Thursday refused to grant a request by the telecom industry to suspend “net neutrality” rules that are scheduled to go into effect tomorrow.

More: FCC.gov, Techdirt, Wall Street Journal, CNET, ABC News, Ars Technica, VentureBeat, The Verge, The Hill, Re/code, Washington Post, Washington Post, New York Times, InfoWorld and Motherboard. Tweets: @karlbode

Josh Constine / TechCrunch:

“Free” app for iOS, co-founded by product designer Danny Trinh, lets you see which friends are available to hang out — “Free” Shows Which Friends Are Available To Hang Out — Sick of lonely nights at home browsing feeds? Free tells you which friends are...free …

More: Medium, Fast Company and App Advice

Tweets: @dannysullivan and @db

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 …

More: The Next Web, Re/code and Business Insider

Ken Dilanian / Associated Press:

Union: Hackers have personnel data on every federal employee — WASHINGTON (AP) — Hackers stole personnel data and Social Security numbers for every federal employee, a government worker union said Thursday, charging that the cyberattack on U.S. employee data is far worse than the Obama administration has acknowledged.

More: Slate, The Hill, Gizmodo and Neowin

Ansuya Harjani / CNBC:

Twitter opens HQ in Singapore, plans to add over 100 to current staff of 80 in the next few years — Twitter opens Asia HQ in Singapore, and it's hiring big — Why Twitter launched new Asia HQ in Singapore — Shailesh Rao, vice president for APAC, Americas and Emerging Markets at Twitter …

More: Wall Street Journal, South China Morning Post and International Business Times

Johana Bhuiyan / BuzzFeed:

Uber launches UberDrive, an iOS game to test driver knowledge and help recruit new drivers — Uber Just Launched A Video Game — Confirming a December BuzzFeed News report, Uber is rolling out a new video game called UberDrive to give people a peek into a day in the life of an Uber driver …

More: Uber Global, New York Times, Wired, Wall Street Journal, Cult of Mac, The Next Web, Fortune and TechCrunch. Thanks:@buzzfeedsf

Emil Protalinski / VentureBeat:

Google Slides for Android and iOS now lets you stream presentations to your TV via Chromecast and AirPlay — Google today updated Google Slides for Android and iOS with streaming support via Chromecast and AirPlay. You can download the new app now directly from Google Play and Apple's App Store.

More: Engadget, Official Google for Work Blog, Tech Times, iMore, ReadWrite, 9to5Mac, 9to5Google, SlashGear and The Tech Portal

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