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July 25, 2013, 9:30 PM
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Top News

Dieter Bohn / The Verge:
Keeping it simple: Chromecast, Google TV, and the zen of a $35 dongle  —  Google's latest foray into the living room may actually have a chance  —  Google's combined Chrome and Android event yesterday should have had a relatively small impact: the Nexus 7 was already widely leaked and Android 4.3 was a very minor update.
Chris Welch / The Verge:
Chromecast vs. AirPlay: how do they compare?  —  Can Google finally take on one of Apple's best features?  —  Google's new Chromecast HDMI stick is a lot of things: it's a simple new way to bring internet video to your living room after the company stumbled with Google TV …
More: Evolver.fm and TUAW
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 …
Leena Rao / TechCrunch:
Amazon's Q2 Disappoints, Sales Up 22 Percent To $15.7B, Net Loss Of $7M  —  Amazon just reported second-quarter earnings, with sales increasing 22 percent to $15.7 billion in the second quarter, compared with $12.83 billion in second quarter 2012.  Net loss was $7 million in the second quarter …
Declan McCullagh / CNET:
Feds tell Web firms to turn over user account passwords  —  Secret demands mark escalation in Internet surveillance by the federal government through gaining access to user passwords, which are typically stored in encrypted form.  —  The U.S. government has demanded that major Internet …
Kara Swisher / AllThingsD:
No Dice: Zynga Decides to Abandon Real-Money Gaming Efforts in the U.S.  —  In its lackluster second-quarter report today, at the very bottom of its press release, Zynga made a very important strategic announcement, saying that it would not pursue real-money gaming in the U.S.
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.
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 …
Sean O'Neill / Tnooz:
Expedia admits that TripAdvisor and Booking.com are hurting it hard  —  CEO Dara Khosrowshahi was somewhat on the defensive today in answering investor questions on a call for second quarter 2013 for Expedia, the world's largest online travel agency.  —  The company saw a broad negative impact …
More: Reuters and Skift
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.
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.
Alex Wilhelm / TechCrunch:
Despite Gains, Facebook Is Currently Worth $24 Billion Less Than When It First Went Public  —  The market awarded Facebook a 25 percent share price spike today, following a strong earnings report that showed off the company's ability to retain mind share among youths, build its total global usership …
John Paczkowski / AllThingsD:
Apple spent $16 Billion on Apple Shares Last Quarter … Apple's share buyback program is proving to be quite a bit larger than originally conceived.  —  Though its original plan called for the repurchase of 10 million shares in its third fiscal quarter of 2013, Apple instead bought up 36 million shares.
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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From Mediagazer

Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info

Alexandra Bruell / Wall Street Journal:
An interview with NPR CEO Katherine Maher, who defends NPR and accuses critics of “bad faith distortion” of her past comments about the First Amendment

Daniel Thomas / Financial Times:
Apollo-backed US investment group Concord increases its bid for Hipgnosis Songs Fund, to $1.5B, just over the last offer from Blackstone

More News

Stefan Constantinescu / Engadget:
Sony names devices that will (eventually) see Android 4.3
Seth Augenstein / New Jersey Online:
International hackers stole 160 million credit card numbers in largest U.S. hacking scheme, feds say

Earlier Picks

Mary Jo Foley / ZDNet:
Microsoft rolls out developer preview of IE11 on Windows 7
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