Insight: How Samsung is beating Apple in China  —  (Reuters) - Apple Chief Executive Tim Cook believes that “over the arc of time” China is a huge opportunity for his pathbreaking company.  But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer …

Nexus 7 (2013) - Mini Review  —  At an event in San Francisco, Google announced an updated version of the popular Nexus 7 tablet which first appeared at last year's Google I/O. The big new features update the Nexus 7 platform with inclusion of a 1.5 GHz Snapdragon S4 Pro (APQ8064) SoC …

Hey Look, Software Just Ate VC!  —  Remember when Sacca was buying Twitter stock like a boss because the founders preferred him to VCs?  There's now an app for that.  —  Recently AngelList quietly started testing Syndicates.  Syndicates allow you to raise any amount of money on behalf of a startup and take 20% of the carry.

Don't Panic: Google has prototypes for ‘real-time’ translation device, ‘near perfect’ in some uses  —  It sounds like Google's Babel fish-esque instant translation solution is making progress — Android VP Hugo Barra told The UK Times that Google's got hardware prototypes (in the form of mobile phones) already working.

Timehop, The Place To Reminisce Online, Raises $3M Led By Spark Capital  —  While present-focused social networks like Facebook and Instagram make plenty of room for the narcissists in us, there's not really a dedicated and focused place to reflect on the past.

Yahoo Plans Splashy New San Francisco Digs (And Dreams of Neon Billboard's Return)  —  According to multiple sources close to the situation, Yahoo is close to signing a lease for a splashy new San Francisco outpost to keep up with the fast growth of other Web companies that have opened high-profile offices here.

Twitter UK chief responds to abuse concerns after campaigner is deluged with rape threats  —  The head of Twitter's business in the UK has responded to concerns that the service is not doing enough to help users report abuse, after a UK-based equal rights campaigner received repeated rape threats this week.

Mobile Payment At U.S. Starbucks Locations Crosses 10% As More Stores Get Wireless Charging  —  Starbucks is seeing impressive adoption of mobile payments in its U.S.-based store locations, the company revealed during its quarterly earnings conference call last night (via WSJ).

Ballmer admits Microsoft built too many Surface RTs, disappointed with Windows sales  —  Microsoft CEO Steve Ballmer has admitted that the company built too many Surface tablets, and it's not selling as many Windows devices as it wants.  During an internal town hall event earlier this week …