Techmeme
July 25, 2013, 5:00 PM

Top News

Salvador Rodriguez / Los Angeles Times:
Google ends Chromecast-Netflix promotion ‘due to overwhelming demand’  —  Citing overwhelming demand, Google on Thursday said it has ended a Netflix promotion tied to its new Chromecast TV dongle.  —  The promotion gave users, new and existing, three free months of Netflix's video streaming service …
Thanks:@sal19
Darrell Etherington / TechCrunch:
BlackBerry Lays Off 250 Employees From Its New Product Testing And R&D Department  —  Layoffs at Waterloo-based smartphone industry pioneer BlackBerry cut deep last year, with around 5,000 employees being let go.  Those cuts continue into 2013 as BlackBerry undergoes what CEO Thorsten Heins called a …
Jeff John Roberts / GigaOM:
Verizon calls on President to veto coming iPhone ban  —  As an import ban on Apple products gets set to take effect two weeks from now, a Verizon executive is asking the White House to take the unusual step of intervening with the U.S. trade agency that imposed the ban.
Liz Gannes / AllThingsD:
Fast Car: Uber Funding Auction Could Reach a $3.5B Valuation  —  Uber, the ride-logistics startup, could be valued at up to $3.5 billion in a new funding round led by TPG Capital, said multiple sources close to the discussions, which are ongoing but advanced.  We had first reported that Uber was seeking the round in June.
Steve Kovach / Business Insider:
Facebook Stock Opens Up 26% After Last Night's Big Earnings Beat  —  Facebook's stock is up 31% in off-hours trading as of this writing following a glowing earnings report from the company yesterday.  —  Most importantly, Facebook showed significant revenue growth in mobile ads …
Mary Jo Foley / ZDNet:
Microsoft rolls out developer preview of IE11 on Windows 7  —  Summary: Microsoft is making available for download immediately a test build of its IE11 browser for Windows 7, along with various new dev tools and discounts.  —  At Microsoft's Build conference, the IE team confirmed that Internet Explorer 11 …
Ilya Khrennikov / Bloomberg:
Yandex Co-Founder Ilya Segalovich on Life Support  —  Yandex NV (YNDX), Russia's largest search engine, said co-founder and Chief Technology Officer Ilya Segalovich suddenly died at age 48.  —  “Mr. Segalovich had been diagnosed with a treatable form of cancer and was responding well to treatment …
Roger Cheng / CNET:
MetroPCS doubles reach, outs its own Lumia 521, Optimus F3  —  T-Mobile and MetroPCS want to move quickly to capitalize on any uncertainty in the prepaid market caused by AT&T's looming acquisition of rival prepaid business Leap Wireless.  —  The Lumia 521 will show up to MetroPCS tomorrow.

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