Techmeme
June 27, 2015, 4:14 AM

Top News

Matthew Lynley / TechCrunch:
Intuit lays off 399 people, about 5% of the company's staff  —  Intuit Lays Off 399 Employees In Company Realignment  —  Intuit has confirmed to TechCrunch that it has laid off 399 people, or just under 5 percent of the company's roughly 8,000 employees, in a re-alignment of the company.
More: Reuters and bizjournalsThanks:@mattlynley
Dominique Vidalon / Reuters:
Amid Paris protests, police seize Uber vehicles on sight, and the French Interior minister targets local managers in effort to shut down Uber nationwide  —  French government files legal complaint against UberPOP  —  French Interior Minister Bernard Cazeneuve said on Friday …
David Michaels / Bloomberg Business:
SEC allows startups raising up to $50M to tweet about stock or debt offering to gauge interest among potential investors  —  SEC Approves Tweeting by Startups to Test Investor Interest  —  Trying to figure out how many investors might want to fund your small business?  Go ahead and tweet about it.
Alyson Shontell / Business Insider:
Twitter VP of Corporate Development and Strategy Rishi Garg is leaving the company  —  Twitter's VP of Corporate Development is leaving  —  Rishi Garg, Twitter's Vice President of Corporate Development, is leaving the company after joining in May 2014.  —  Even though he wasn't at Twitter …
Tom's Guide:
In 6 of 9 real-world tests and benchmarks, Samsung Galaxy S6 outperforms LG G4 and iPhone 6  —  The Samsung Galaxy S6 Is The World's Fastest Smartphone  —  A fast phone shouldn't just score well in benchmarks.  It should deliver swift, everyday performance, too, whether it's opening a large file …
Joe Rossignol / MacRumors:
AppleCare+ for mobile devices now covers batteries retaining less than 80% capacity, up from 50%  —  AppleCare+ for iPhone, iPad, iPod and Apple Watch Now Covers Batteries That Retain Less Than 80% of Original Capacity  —  Apple has updated the terms of its AppleCare+ Protection Plan for iPhone …
Teresa Rivas / Tech Trader Daily:
EBay Board Approves PayPal Spinoff; Stock Distribution Set For July 17  —  Shares of eBay (EBAY) are up 0.3% in after hours trading just minutes after the company said that its board of directors approved the completion of the PayPal spinoff.  —  According to the press release …
Bloomberg Business:
Uber launches UberBOAT ferry service in Istanbul with rides starting at 50 liras, about $19  —  Uber Crosses Continents With Istanbul Water-Taxi Service  —  Ships pass along the Bosphorus strait past the Fatih Sultan Mehmet bridge between the continents of Europe, top, and Asia in Istanbul.
Leena Rao / Fortune:
Instacart lets some retailers collect personal data on customers if the user opts in, starting with Whole Foods  —  Instacart is asking its customers to do something new  —  Grocery delivery service Instacart recently premiered a new feature asking users to share their personal data and shopping histories with retailers.
Laura Colby / Bloomberg Business:
Sources: News Corp's education division, Amplify, is winding down sales of its tablets  —  News Corp. Is Winding Down School Tablet Sales  —  News Corp. is winding down sales of custom-made tablet computers after few schools bought the devices, once central to the company's goal …

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Juli Clover / MacRumors:

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