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Techmeme
March 25, 2013, 7:35 PM
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Adam Cahan / The Yahoo! Yodel:
Yahoo! To Acquire Summly  —  Today, we're excited to share that we're acquiring Summly, a mobile product company founded with a vision to simplify the way we get information, making it faster, easier and more concise.  —  At the age of 15, Nick D'Aloisio created the Summly app at his home in London.
Kara Swisher / AllThingsD:
Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur's Time  —  Earlier today, Yahoo said it had acquired the trendy and decidedly stylish news reading app Summly, along with its telegenic and very young entrepreneur Nick D'Aloisio.  —  Yahoo said it plans to close …
More: GigaOM, Reuters and Wired.  Tweets: @kashhill
Nicholas Carlson / Business Insider:
Spotify Plans To Take On Netflix And HBO With Streaming Video Service  —  Spotify, the on-demand music service, is planning a major change.  According to two sources briefed on the company's plans, Spotify intends to become an on-demand music and video service - one that would invest …
Paul Mozur / Wall Street Journal:
Beijing Strikes Again at Apple  —  BEIJING—The Chinese Communist Party's main propaganda outlet assailed Apple Inc.'s customer-service practices, the latest indication that China might move to check foreign companies' domination of the country's smartphone market.
John Paczkowski / AllThingsD:
BlackBerry's Million-Smartphone Mystery Partner: Brightstar  —  Who bought one million BlackBerry 10 devices?  —  We posed that question here earlier this month, following the announcement of the largest single handset purchase in BlackBerry's history.  And we answered it with a simple theory …
Eva Dou / Digits:
HTC's Marketing Chief Takes Bolder Approach  —  After weeks of HTC Corp. being coy about a delayed launch for its new flagship smartphone, the company's new chief marketing officer was surprisingly frank during his first meeting with the press since joining the company in January.
Thomas Lee / Minneapolis Star Tribune:
Best Buy poised to ax its venture capital unit  —  CEO Hubert Joly is focusing on more pressing issues, like reviving store sales.  —  Best Buy Co. Inc. is exiting the venture capital business.  —  Over the past five years, the company's venture capital unit — Best Buy Capital …
Kara Swisher / AllThingsD:
Zynga CIO Debra Chrapaty Departs to Join Nirvanix as CEO  —  Zynga CIO Debra Chrapaty, who has also done high-ranking stints at other big companies such as Cisco and Microsoft, has been named CEO of enterprise cloud storage company Nirvanix.  —  She replaces Dru Borden …
Drew Olanoff / TechCrunch:
Google+ Gets A Mobile Refresh With Photo Editing, Post Tweaks, Location And Community Controls  —  Today, Google has announced a mobile refresh for Google+ for Android and iOS that includes some of the functionality that has come out for the desktop over the past few months.
Peter Kafka / AllThingsD:
Potential Buyers Emerge For Hulu, Disney and News Corp. Still Talking  —  Two years ago, Hulu's corporate owners put the video site up for sale — and then took it off the block.  —  New version of a similar story: Hulu's corporate owners still aren't sure what they want to do with the site.
Philip Elmer-DeWitt / Fortune:
Apple's first quarter of negative income growth since 2003  —  It ends this week.  Investors might as well get ready for the negative headlines.  —  FORTUNE — The bad news is that every analyst we've surveyed — even the most bullish — believes that for the first time in a decade Apple …
Max Slater-Robins / Neowin:
IE11 to appear as Firefox to avoid legacy IE CSS  —  We already know that Internet Explorer 11, the next iteration of the world's most popular browser, will include tab syncing as part of the Windows Blue update, which has leaked onto the Internet.  Neowin has also discovered that IE11 …
Frederic Lardinois / TechCrunch:
Google Launches TV White Spaces Trial In South Africa  —  Google's first trial to use the unused channels in the broadcast TV spectrum to provide wireless broadband access launched in 2010 in Logan, Ohio.  Since then, Google has shown a lot of interest in this topic and today it is launching its second trial.

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From Mediagazer

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Wall Street Journal:
UMG shares fall 25%, the record company's worst day since its 2021 IPO, following disappointing Q2 results; UMG is down 40%+ over the past 12 months

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

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