Techmeme: Vine, hip-hop and the future of video sharing: old rap songs and new copyright rules (Jeff John Roberts/GigaOM)

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May 26, 2013, 11:20 PM

Top News

Kara Swisher / AllThingsD:

Yahoo's Bid for Hulu in $600M to $800M Range — Even as It Preps Other Big Deals in Mobile and Communications — According to numerous sources close to the situation, Yahoo has bid from $600 million to $800 million for the premium video site Hulu. — The reason for the wide range is due …

More: CNET, PhoneArena, The Verge, Electronista, SlashGear, Business Insider, IntoMobile, VentureBeat, ZDNet, Mobile Marketing Watch, Betabeat and Softpedia News

Tweets: @mathewi, @hunterwalk and @jasonhirschhorn

See also Mediagazer

Ryan Lawler / TechCrunch:

What Is Hulu Really Worth? — Hulu is on the block again, as its corporate parents (and content partners) are taking bids for the streaming video site. According to multiple reports, there are now seven bidders for Hulu, including pay TV operators DirecTV and Time Warner Cable …

More: Los Angeles Times, BuzzFeed, T3 News and Mobile Magazine. Tweets: @ethank

Nitasha Tiku / Valleywag:

Meet the 28-Year-Old CEO of Bang With Friends — The last time I met up with “C”, the CEO of Bang with Friends, it was for a boozy night of bar-hopping that ended up on a Brooklyn rooftop. He refused to tell me his last name. That changed last week when the Webutante Ball inadvertently outed Colin Hodge …

More: Digital Trends and Betabeat. Tweets: @cindygallop

Los Angeles Times:

‘The Internship,’ now starring ... Google — Google has a big role in the comedy ‘The Internship,’ starring Owen Wilson and Vince Vaughn. The tech giant was a demanding cast member at times. — Vince Vaughn and Owen Wilson on the campus of Google in a scene from the movie, ‘The Internship.’ …

More: Marketing Land

Brian Crecente / Polygon:

The Xbox One can talk to you, will feature remote play — Microsoft's day-long media outing for the Xbox One this week was only the first of a two-stage unveiling for the new console, and the E3 event won't be just about games. — Among the features not yet shown off for the console …

More: Engadget, Joystiq, Gotta Be Mobile, Ubergizmo, Eurogamer.net, Neowin, VG247 and Softpedia News

Sarah Perez / TechCrunch:

Lambda Labs Is Launching A Facial Recognition API For Google Glass — Lambda Labs, an early-stage startup out of San Francisco, is preparing to release a facial recognition API for developers working on Google Glass apps. The API will be available to interested developers within a week, company co-founder Stephen Balaban says.

More: NYT Bits, SlashGear, CNET and ProgrammableWeb

Daniel Geiger / Crain's New York Business:

Facebook looking to relocate in NYC, sources say — The social networking giant is negotiating to take 160,000 square feet at 770 Broadway in midtown south at a time when other tech firms are migrating downtown because rents have been rising in the tech-heavy neighborhood.

More: AllFacebook, Betabeat, NYConvergence.com and Valleywag. Tweets: @eldon

Jeff John Roberts / GigaOM:

Vine, hip-hop and the future of video sharing: old rap songs and new copyright rules — What does video tool Vine have in common with iconic rappers like the Beastie Boys and the Notorious BIG? More than you think. Like hip-hop, Vine is way to sample and collect culture …

More: AllThingsD

Mark Suster / Both Sides of the Table:

As Populist as it May Feel, 98% of VCs Aren't Dumb — By now you will likely have read Andy Dunn's scathing post about Venture Capitalists in which he decries the industry's masses. — I read Andy's post with a knowing smile on my face. After all, I am no stranger to the publicly expressing …

More: Medium and Vacuum. Tweets: @dunn and @jeff

Brian Krebs / Krebs on Security:

Reports: Liberty Reserve Founder Arrested, Site Shuttered — The founder of Liberty Reserve, a digital currency that has evolved as perhaps the most popular form of payment in the cybercrime underground, was reportedly arrested in Spain this week on suspicion of money laundering.

More: VentureBeat, CoinDesk, VentureBeat, Bitcoin Magazine and ticotimes.net

Tweets: @briankrebs, @briankrebs and @briankrebs

John Biggs / TechCrunch:

Mr. China Goes To San Francisco — A block from the Mariposa on-ramp and in the eye-line of 90,000 cars whizzing by on 280 sits an old warehouse that was home to the San Francisco Bay Guardian, a local alt weekly, and Digg. Most of the building is gutted, and inside they are working on the …

Thanks:@nesidoesit

Juro Osawa / Wall Street Journal:

Lenovo Aims at U.S. Smartphone Market — HONG KONG—China's Lenovo Group wants to start selling smartphones in the U.S. within a year, its chief executive said, as the company behind the ThinkPad brand tries to repeat the success of its personal-computer business.

More: ZDNet, Engadget, The Verge and PhoneArena

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