Techmeme
June 15, 2015, 12:45 PM

Top News

Peter Kafka / Re/code:
Apple will share 71.5% of Apple Music revenue with music rights owners in US, average around 73% outside US, no royalties paid during trial period  —  Here's What Happens to Your $10 After You Pay for a Month of Apple Music  —  You don't have to pay anything to try Apple's new streaming music service …
Fletcher Babb / VentureBeat:
Spotify's unreleased ‘Rewind’ feature builds playlists of songs from past decades based on present-day preferences  —  Spotify's unreleased ‘Rewind’ feature builds playlists from the past  —  Spotify has soft-launched a new feature titled “Rewind.”
Steve Lohr / New York Times:
IBM to invest in Apache Spark for real-time data analysis, will have more than 3,500 developers working on related projects  —  IBM Invests to Help Open-Source Big Data Software — and Itself  —  The IBM “endorsement effect” has often shaped the computer industry over the years.
Brad Linder / Liliputing:
Razer's acquisition of Ouya confirmed by a notice on advising investment bank's Mesa completed transactions page  —  Razer acquires Ouya (Android game system startup)  —  Gaming accessory maker Razer has acquired Android game console maker Ouya.  Rumors had suggested Ouya was looking for a buyer …
John Ruwitch / Reuters:
Alibaba to launch Netflix-like video streaming service called TBO or Tmall Box Office in about two months in China  —  Alibaba to launch Netflix-like video streaming service in two months  —  Alibaba Group Holding Ltd (BABA.N) will launch an online video streaming service in China in about two months …
Owen Williams / The Next Web:
Skype for Web is now available worldwide, adds Chromebook support  —  If you're not a fan of Skype's desktop app, you can now use the company's new Web app regardless of where you live.  —  Skype's Web app is free to use and as of today works with Chrome OS and Linux, in addition to Internet Explorer …
Julie Bort / Business Insider:
How Facebook's Open Compute Project became a major force in data center hardware, with hundreds of companies, including HP, Foxconn, and Goldman Sachs on board  —  How Facebook is eating the $140 billion hardware market  —  It started out as a controversial idea inside Facebook.
More: bizjournalsThanks:@mattrosoff
James Proud / Financial Times:
Hello, maker of Sense sleep monitor, is raising $40M, valuing company at $250M+ in a round led by Singapore's Temasek  —  Temasek leads backing for start-up Hello in move to raise $40m  —  Tim Bradshaw in San Francisco and Josh Noble in Hong Kong  —  Hello, the San Francisco-based company behind …
More: TechCrunch
Mark Bergen / Re/code:
Google VP Neal Mohan Is Staying at Current Job, Not Departing for Dropbox  —  Last Monday, we reported that Google VP Neal Mohan was in talks with file storage company Dropbox about taking the vacant head of product role.  Those conversations have ended.  Mohan, an eight-year Google vet …
Bloomberg Business:
Sources: China's top taxi hailing firm Didi Kuaidi raising $1.5B at a valuation of $15B  —  Chinese Uber Rival Will Raise Funds at $15 Billion Valuation  —  A taxi and other vehicles wait in traffic outside the China National Convention Center in Beijing, China.  Photographer: Tomohiro Ohsumi/Bloomberg

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Danielle Wiener-Bronner / Fusion: