Techmeme
March 6, 2013, 1:55 AM

Top News

Fortune:
YouTube to launch music streaming service, take on Spotify  —  Exclusive: Google is planning to roll out a music streaming service to capitalize on the power of YouTube.  FORTUNE — YouTube, the world's largest digital repository of streaming media, will launch a subscription music service later this year.
Peter Kafka / AllThingsD:
Why Google Thinks Two Music Subscription Services Are Better Than None  —  Alrighty.  Time to start sorting out what Google is up to with music.  And why it thinks it may make sense to launch two different music subscription services.  —  Spoiler alert!  No one outside of a handful of Googlers really knows.
More: CNET
Alex Pham / Billboard:
Warner Music Inks Deal With Google for Music Subscription Services  —  Warner Music Group has struck a licensing deal with Google for two music services the technology giant is launching later this summer, according to executives familiar with the agreement.
Reuters:
Exclusive: Apple's Cook, music mogul Iovine discuss new music service  —  (Reuters) - Apple Inc has held talks with Beats Electronics LLC, the audio technology firm co-founded by influential hip-hop producer Dr Dre and music mogul Jimmy Iovine, on a potential partnership involving Beats …
Greg Sandoval / The Verge:
Billionaire Len Blavatnik part of group investing $60 million in Beats' music service  —  This is the kind of money that will help Beats' new music service keep pace with Spotify and Rdio  —  Billionaire mogul Len Blavatnik is part of a group that will invest $60 million in Daisy …
CNET:
The new $99 Roku 3: Overhauled interface, faster chip, and private listening mode (hands-on)  —  CNET Editors' Take  —  Roku is turning up the heat in the battle of the living room streaming boxes, announcing today its newest flagship model, the Roku 3 ($99).
BBC:
Valve readies prototype Steam Box video game console  —  Gabe Newell is being given Bafta's highest accolade at the 2013 awards  —  Valve expects to offer prototypes of its upcoming video games console for testing within four months time.  —  The firm's chief executive Gabe Newell revealed …
Wall Street Journal:
Microsoft Offers Windows 8 Price Breaks to Spur Touch-Screen Laptops  —  Discounts on Windows 8 and Office Designed to Spur More Touch-Screen Laptops  —  Microsoft Corp. has recently been offering price breaks on its Windows 8 and Office software to help spur the development of small …
Rene Ritchie / iMore:
iPhone 5S planned for August, next iPads may debut as soon as April  —  iMore has learned that Apple is planning the release of the iPhone 5S for this summer, currently for August.  Next generation iPads, presumably the iPad 5 and potentially the iPad mini 2, may also debut as soon as this April.
Reuters:
Venture capital kingpin Kleiner Perkins acknowledges weak results  —  (Reuters) - Blue-chip venture-capital firm Kleiner Perkins Caufield & Byers expressed frustration with poor fund performance and promised to do better at gatherings for investors last month, according to people familiar with the discussions.
More: GeekWire and bizjournalsThanks:@gerryshih
Cade Metz / Wired:
Return of the Borg: How Twitter Rebuilt Google's Secret Weapon  —  John Wilkes says that joining Google was like swallowing the red pill in The Matrix.  —  Four years ago, Wilkes knew Google only from the outside.  He was among the millions whose daily lives so deeply depend on things like Google Search and Gmail and Google Maps.
Tweets: @qthrul
Devindra Hardawar / VentureBeat:
Intel Capital makes a big bet on Android with investment in Bluestacks (exclusive)  —  Add Intel Capital to the growing list of companies eager to work with Bluestacks.  —  Intel has invested an undisclosed amount in the startup, BlueStacks told VentureBeat today.
More: PocketnowThanks:@johnnotjon
Andy Fixmer / Bloomberg:
Pandora Gains Access to $14 Billion Radio Ad-Sales Market  —  Pandora Media Inc. (P), the music- streaming service, will compete directly with radio stations for the first time on the industry's biggest advertising services, gaining better access to the $14 billion annual ad-sales market.
Seth Fiegerman / Mashable!:
Jerry Yang's Next Act: Startup Investor and Mentor  —  Jerry Yang shares at least one thing in common with Marissa Mayer besides briefly holding the title of Yahoo CEO: Both Yang and Mayer are keeping a close eye on startups in the mobile space.  But while Mayer is searching for mobile startups …
Eric Engleman / Bloomberg:
Google Exception in Obama's Cyber Order Questioned as Unwise Gap  —  Telecommunications companies want President Barack Obama's administration to rethink a decision that may exempt Google Inc. (GOOG)'s Gmail, Apple Inc. (AAPL)'s iPhone software and Microsoft Corp.'s Windows from an executive order on cybersecurity.
More: The VergeTweets: @dannysullivan
Sarah Frier / Bloomberg:
Tumblr to Introduce Mobile Advertising to Help Achieve Profit  —  Tumblr Inc., the six-year-old blog network that months ago began letting advertisers pay for prominent placement, expects to make its first annual profit this year after extending the feature to smartphones.

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Danny Sullivan / Marketing Land:
Melanie Lee / Reuters: