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Techmeme
June 27, 2015, 5:00 PM
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Josh Horwitz / Quartz:
Evernote, LinkedIn, and Uber are succeeding in China by playing by the government's rules  —  A new wave of US internet companies is succeeding in China—by giving the government what it wants  —  Facebook found itself shut out from China in 2009.  Twitter got blocked the same year.
Eugene Kim / Business Insider:
Profile of Dropbox COO Dennis Woodside, who's charged with making Dropbox a mature company  —  Dropbox is a $10 billion startup with serious growing pains — and this guy's in charge of saving it  —  See Also  —  Other tech companies tried to poach SurveyMonkey employees after former CEO Dave Goldberg's death
Thanks:@mattrosoff
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.
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.
Sheera Frenkel / BuzzFeed:
The Yemeni Cyber Army is likely an Iranian government-run operation  —  Meet The Mysterious New Hacker Army Freaking Out The Middle East  —  SAN FRANCISCO — The first tweets appeared on April 14.  The website of Al Hayat, a pro-Saudi newspaper, had been hacked, its front page replaced …
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 bizjournals.  Thanks:@mattlynley
Peter Elkind / Fortune:
Instead of hardening security defenses, Sony Pictures focused on offending North Koreans less, and was more afraid of security costs than risks  —  Sony Pictures: Inside the Hack of the Century, Part 2  —  We will take “a merciless counter-measure.”  —  On June 17, leaked emails show …
See also Mediagazer
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.
Fred Wilson / AVC:
Fred Wilson is sick and tired of operating plans focused just on growth instead of reaching sustainable profitability  —  Profits vs Growth  —  One of the things I've always struggled with as an investor in high growth tech companies is the tension between getting profitable vs growing more quickly.

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This is a Techmeme archive page. It shows how the site appeared at 5:00 PM ET, June 27, 2015.

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From Mediagazer

CNN:
Alice Stewart, a CNN political commentator and veteran political adviser who worked on several GOP presidential campaigns, dies at 58

Alexandra Canal / Yahoo Finance:
Analysts say Neflix's NFL deal marks a “natural evolution” of the company, which had avoided traditional live sports investments, helping boost its ad business

Lauren Forristal / TechCrunch:
The CAA partners with Veritone to build a storage system for A-list artists to store their digital assets and get compensated for the use of their AI likeness

More News

Earlier Picks

Juli Clover / MacRumors:
Benchmarks show iPhone performance drops by about 40% when iOS 9's Low Power mode is activated
Joe Rossignol / MacRumors:
AppleCare+ for mobile devices now covers batteries retaining less than 80% capacity, up from 50%
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
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