Techmeme
June 23, 2013, 8:30 PM

Top News

Kara Swisher / AllThingsD:
Update: As Microsoft Restructuring Nears, Top Execs Fret Over Their Fate  —  According to sources close to the situation, Microsoft CEO Steve Ballmer is likely unveil his plans to restructure the tech giant to a larger group of senior execs by July 1.  —  That prospect has many top managers …
Jon Matonis / Forbes:
Bitcoin Foundation Receives Cease And Desist Order From California  —  Directly following last month's Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California's Department of Financial Institutions decided to issue a cease and desist warning …
T.C. Sottek / The Verge:
Aided by WikiLeaks, Edward Snowden leaves Hong Kong to seek asylum in Ecuador  —  PRISM whistleblower Edward Snowden has left Hong Kong, according to an announcement from the Hong Kong government made Sunday afternoon.  With assistance from WikiLeaks, Snowden is said to be seeking asylum in Ecuador.
Amir Efrati / Digits:
Google Confirms Antitrust Review of Waze Deal  —  Google on Saturday confirmed that it has been contacted by lawyers from the Federal Trade Commission over the company's $1.1 billion acquisition of the mobile navigation company Waze, which closed in mid-June.
Nicole Lee / Engadget:
Life after Kinect: PrimeSense's plans for a post-Microsoft future  —  When PrimeSense founder Aviad Maizels put a prototype of a 3D sensor on a chip in front of Microsoft in 2006, he had no idea it would lead to the biggest turning point in the Israeli startup's history.
Alexia Tsotsis / TechCrunch:
Source: Snapchat Snaps Up $80M From IVP At An $800M Valuation  —  It's the second day of summer, and Snapchat has raised an $80 million Series B round at an $800 million pre-money valuation, according to a source.  The phat Series B round was led by Institutional Venture Partners …
New York Times:
Hulu, Seeking a Buyer, May Shift Course  —  This year Hulu reached a milestone: viewers streamed more than one billion videos on the site in a single three-month period.  —  But the valedictory lap did not last long.  Even as the number of views were adding up, so were concerns within the company about the site's future.
Ingrid Lunden / TechCrunch:
RIP Snapjoy: The Dropbox-Acquired Photo Service Is Shutting Down  —  Snapjoy, the online photo storage service that Dropbox acquired in December, has some bad news today for its users: it is shutting down.  The company noted the information in a blog post, as well as in an email it's currently sending …
Josh Constine / TechCrunch:
Facebook Adds Like Button To Mobile Messages, A One-Touch “OK”  —  “Alright”, “Yes”, and the much-hated “k” just got a visual redesign.  Facebook's iOS and Android apps have rolled out the option in messages to reply with a one-tap thumbs-up Like button sticker.
Kevin Fitchard / GigaOM:
Project Loon: Google's biggest obstacle isn't technology.  It's politics  —  The ballon-powered network know as Loon may be one of Google's famed moon shots, but the biggest issues facing the project are grounded right here on Earth.  This won't just be a major technological feat for Google.
Peter Kafka / AllThingsD:
Machinima Wants a Mega-Round.  Who Wants to Invest in a YouTube Giant?  —  With more than two billion YouTube views a month, Machinima is one of the biggest players on the world's biggest video site.  —  So, how much is that worth?  —  The people who run the video network are going to find out.
Declan McCullagh / CNET:
How Web mail providers leave door open for NSA surveillance  —  Protecting users' e-mail privacy from the National Security Agency and other intelligence services means using encryption.  But with the exception of Google, few companies do everything they can.  —  One of Google's massive data centers.
Tweets: @mattcutts and @csoghoian

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More News

Husain Sumra / MacRumors:

Earlier Picks

Michael Steeber / 9to5Mac: