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July 25, 2013, 12:55 PM
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Top News

Janko Roettgers / GigaOM:
Why Chromecast is such a big deal for Google, and a threat to Apple  —  Google officially launched its next big idea for the living room Wednesday, and the cast of people presenting the new product dubbed Chromecast at the company's breakfast event in San Francisco looked awfully familiar …
Eliot Van Buskirk / Evolver.fm:
Why Google Chromecast Isn't Apple Airplay  —  About two and a half years after Evolver.fm started taking Google to task over its lack of a super-simple wireless music solution along the lines of Apple's AirPlay for zapping music to speakers around the house, Google unveiled on Wednesday …
Wall Street Journal:
Apple's Secret Weapon: the iPhone 4  —  Three-Year-Old Smartphone Propels Company's Sales in Price-Conscious Markets  —  Apple Inc. is known for drawing crowds with its latest and greatest technology.  But one of its most potent weapons in some markets came out three years ago.
Erica Ogg / GigaOM:
Six years later, how Apple keeps the iPhone chugging along  —  Between March and June, Apple's iPad shipments dipped 14 percent.  The Mac is dropping along with the rest of the PC industry, and the iPod has declined so much it barely merits a mention from the company anymore.
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 …
Ben Gilbert / Engadget:
Microsoft to allow indie self-publishing on Xbox One, retail consoles will double as debug units (updated)  —  Microsoft's Xbox One is getting decidedly more indie-friendly with today's confirmation from Microsoft that its forthcoming game console will double as a developer debug unit.
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 …
Rebecca Grant / VentureBeat:
The six most memorable startups from 500 Startups sixth class  —  MOUNTAIN VIEW, CALIF — The always-entertaining Dave McClure kicked off the 500 Startups Demo Day today with a video about Sharknado, otherwise known as “the best worst movie ever.”  —  “We hope our startups go as viral as Sharknado did,” McClure said.
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 …
More: Digits
Mike Isaac / AllThingsD:
Facebook Beats as Mobile Revenue Jumps to 41 Percent of Ads Business
Facebook:
Facebook Reports Second Quarter 2013 Results
Andy Greenberg / Forbes:
Hackers Reveal Nasty New Car Attacks—With Me Behind The Wheel (Video)  —  Stomping on the brakes of a 3,500-pound Ford Escape that refuses to stop-or even slow down-produces a unique feeling of anxiety.  In this case it also produces a deep groaning sound, like an angry water buffalo bellowing somewhere under the SUV's chassis.
More: SC Magazine.  Tweets: @pkafka
Donna Cassata / Associated Press:
House Narrowly Rejects Effort To Halt NSA Program  —  WASHINGTON (AP) — The House has voted to continue the collection of hundreds of millions of Americans' phone records in the fight against terrorism.  The House rejected a measure to end the program's authority.  The vote was 217-205 on Wednesday.

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From Mediagazer

Axios:
Sources: WH officials believe NYT's Maggie Haberman and Jonathan Swan obtained audio recordings of Situation Room meetings for their upcoming book Regime Change

Max Tani / Semafor:
The NYT says it is reviewing columnist Nick Kristof's work that favorably mentioned former donors to his 2022 Oregon governor bid, including Bill Gates

Daniel Thomas / Financial Times:
Sources: BBC News will announce hundreds of job cuts next week, in the first part of a broader plan to cut ~10% of costs and ~2,000 jobs across BBC departments

More News

Kaylene Hong / The Next Web:
Baidu's 2Q 2013 profit falls 4.5% YoY to $430.8m, but mobile made up 10% of revenue for first time

Earlier Picks

Seth Fiegerman / Mashable:
Chipotle Faked Its Twitter Hack
Marisa Lagos / San Francisco Chronicle:
Google will pay for free wireless in S.F. parks
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