Techmeme: Xobni Price Paid by Yahoo Was $48 Million in Cash, Plus Possible Earn-Outs (Kara Swisher/AllThingsD)

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July 8, 2013, 5:25 PM

Top News

Wall Street Journal:

Secret Court's Redefinition of ‘Relevant’ Empowered Vast NSA Data-Gathering — The National Security Agency's ability to gather phone data on millions of Americans hinges on a secret court ruling that redefined a single word: “relevant.” The National Security Agency's ability to gather phone data …

More: The Verge. Tweets: @kaepora

Guardian:

Edward Snowden: ‘The US government will say I aided our enemies’ - video interview — In the second part of an exclusive interview with Glenn Greenwald and Laura Poitras, former NSA contractor Edward Snowden contemplates the reaction from the US government to his revelations …

More: Spiegel Online, Hillicon Valley, Business Insider, Guardian, CNET and WebProNews. See also Mediagazer

David Harris-Gershon / Tikkun Daily Blog:

NSA Rejecting Every FOIA Request Made by U.S. Citizens

Bloomberg:

Zynga's Mattrick Looked to Buy Company While at Microsoft — Don Mattrick, the former head of Microsoft Corp. (MSFT)'s entertainment division who takes the reins as chief executive officer of Zynga Inc. (ZNGA) today, has been hankering to run all or part of the social-gaming company for at least three years.

Greg Bensinger / Digits:

Amazon's Diapers.com Founders Jump Ship — Amazon's Quidsi unit, home of Diapers.com and Soap.com, has lost its two co-founders. — Quidsi Chief Executive Marc Lore and Chief Operating Officer Vinit Bharara have both left the Jersey City, N.J. company. In automated email replies …

More: GeekWire and internetretailer.com

Tom Warren / The Verge:

Nokia Lumia 1020 with 41-megapixel camera confirmed in sample photos from Joe Belfiore — Nokia's 41-megapixel Windows Phone will be called the Nokia Lumia 1020. That's according to sample photos posted on Flickr by Microsoft Windows Phone manager Joe Belfiore.

Tom Warren / The Verge:

Windows 8.1 update to be finalized in ‘late August,’ ready for PC makers — After releasing a preview version of Windows 8.1, Microsoft says it's ready to deliver a final version to its OEM customers in “late August.” Speaking at Microsoft's Worldwide Partner Conference on Monday …

Paul Sloan / CNET:

Beats trying to launch streaming music service with AT&T — Exclusive: Music industry legend Jimmy Iovine wants to launch his Spotify competitor with a big splash, which is why he's trying to partner with a wireless carrier. — When Jimmy Iovine, the co-founder and CEO of Beats Electronics …

See also Mediagazer

Om Malik / GigaOM:

Pinterest rival The Fancy gets $53 million from Will Smith, American Express; valued at $600 million — The New York startup scene keeps booming and the latest boost is coming from social commerce company, The Fancy, that is said to have raised $53 million in new funds and is valued at a whopping $600 million.

More: Bloomberg, TechCrunch, Guardian, VatorNews, VentureBeat, Business Insider, AllThingsD and Mashable

Tweets: @om, @danprimack and @evelynrusli

Josh Barnes-Hoyt / Twitter Blog:

Direct message sync, mobile search improvements and more — People use Twitter to connect to the things and people they care about. Today, we're making that even easier with a coordinated update for seven different apps: Android, iPhone, iPad, Mac, twitter.com, mobile.twitter.com and TweetDeck.

More: Engadget, Marketing Land, PC Magazine, The Verge, The Next Web, Computerworld, TechHive, 9to5Google, BuzzFeed, iMore, VentureBeat, Gizmodo, MacRumors, 9to5Mac, TechCrunch, TechnoBuffalo, Ubergizmo, IntoMobile, SocialTimes, SlashGear, TUAW, iDownloadBlog.com, Mashable, WebProNews, Macgasm, MacStories, Pocket-lint, MobileSyrup.com and Electronista

Tweets: @parislemon, @sandofsky and @ashleymayer

Rolfe Winkler / Wall Street Journal:

Microsoft's Products Need More Horsepower — By - ROLFE WINKLER - — Microsoft keeps hitching its fortunes to lame horses. It shows how rickety parts of the software giant's business are. — Barnes & Noble, Best Buy, Nokia, Yahoo and Dell all face very difficult circumstances of their own.

More: CNET and Corporate Intelligence

Matthew Panzarino / The Next Web:

Cloud-based event management company Cvent files for up to $100M IPO — Cvent, a company that provides cloud-based event management is raising up to $100M via an IPO, according to an SEC filing. The company says that it reserves the right to sell up to the maximum of $1ooM in shares to generate working capital and develop products.

More: Associated Press and Cvent

Jon Fingas / Engadget:

LG teasers drop not-so-subtle hints of G2 launch at August 7th event (video) — While LG initially gave no clues as to the focus of its August 7th event, the company isn't leaving much room for doubt now. It's sending both formal invitations and a teaser video (after the break) …

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