Techmeme
August 23, 2013, 12:05 PM

Top News

Microsoft:
Microsoft CEO Steve Ballmer to retire within 12 months  —  Board of directors initiates succession process; Ballmer remains CEO until successor is named.  —  Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months …
Microsoft:
Moving forward  —  Text of an internal email from Microsoft chief executive officer Steve Ballmer to employees regarding his plan to retire.  —  I am writing to let you know that I will retire as CEO of Microsoft within the next 12 months, after a successor is chosen.
Don Reisinger / CNET:
Microsoft shares rise early amid Ballmer retirement news  —  The software company's shares are up approximately 8 percent in early trading.  —  Microsoft's shares are up significantly in early trading on Friday following news of CEO Steve Ballmer's impending retirement.
John Paczkowski / AllThingsD:
Steve Ballmer Just Made $769 Million  —  As difficult as it may have been for Steve Ballmer to announce his plans to retire as CEO of Microsoft within the next year, there's one thing that likely made it a bit easier to stomach — the big spike in his personal wealth that followed.
More: Engadget
Jay Yarow / Business Insider:
Microsoft Investors Should Not Be That Excited About Ballmer's Departure  —  See Also  —  Steve Ballmer's Retirement News Comes Just Over A Month After A Disastrous Microsoft Earnings Report  —  Microsoft shares are surging on the news that CEO Steve Ballmer is out of the company.
Tweets: @jyarow
Bloomberg:
Amazon Is Said to Have Tested a Wireless Network  —  Amazon.com Inc. (AMZN) has tested a new wireless network that would allow customers to connect its devices to the Internet, according to people with knowledge of the matter.  —  The wireless network, which was tested in Cupertino …
Dara Kerr / CNET:
Samsung denied new trial over Apple's ‘bounce-back’ patent  —  Amid planning for new damages retrial, Judge Koh rules that there will not be another new trial over the '381 patent.  —  A federal judge on Thursday denied Samsung's request for a new patent trial over Apple's “bounce-back” patent.
Kara Swisher / AllThingsD:
Uber Filing in Delaware Shows TPG Investment at $3.5 Billion Valuation; Google Ventures Also In  —  According to a Delaware filing by Uber Technologies, it has sold stock in the fast-growing privately held transportation service to private equity giant TPG.  In addition, according to sources …
TechCrunch:
jessica lessin:
Exclusive: Apple Buys (Another) Map App, Embark  —  Apple Inc. keeps snapping up mapping companies.  —  The latest: Embark Inc., a small Silicon Valley upstart that builds free transit apps to help smartphone users navigate public transportation.  —  We don't know how much Apple paid …
Bloomberg:
Apple's Falling China Share Vexes IPhone Case Makers  —  Apple Inc. (AAPL)'s falling market share in China is prompting thousands of local accessory makers to give more attention to products that fit mobile phones and tablet computers made by Samsung Electronics Co. (005930) and domestic rivals.
Jamie Rigg / Engadget:
iWork for iCloud beta now open to anyone with an Apple ID  —  First it was available to developers, then a select few who received invitations, and now the beta of iWork for iCloud is available for all.  Apple's made no official announcement, but point your browser to icloud.com …
Andrew Mayeda / Bloomberg:
Canada's Moore Says BlackBerry Must Revive by Itself  —  Canadian Industry Minister James Moore said it's up to BlackBerry Ltd. (BB) to pull off a turnaround on its own, signaling the government has no plans to intervene in the struggling smartphone maker's future.
Anthony Ha / TechCrunch:
Pandora Plans To Lift Its 40-Hour Free Mobile Listening Cap On Sept. 1  —  During this afternoon's earnings call, Pandora executives said that they would lift for the 40-hour monthly cap on free mobile listening that was announced back in February.  —  This is actually the second time Pandora …
Aries Poon / Digits:
Google Buys Patents From Apple Ally Hon Hai  —  Hon Hai Precision Industry Co., known for its close ties to Apple Inc., said Friday it sold some display patents to Google Inc.  —  The Apple and iPad assembler didn't specify a value for the deal or expound on details, except to say the patents sold …
Laura Hazard Owen / GigaOM:
Citing Steve Jobs email, DOJ claims Apple changed in-app purchase to retaliate against Amazon  —  The federal government on Friday filed a revised proposed remedy for Apple in the ebook case, following a hearing earlier this month with a judge and counsel for Apple.
Thanks:@om
Daniel Cooper / Engadget:
Google applies for location-based security patent, locks down your phone on the go  —  Google's knack with location services helps us to get around, but hopefully, that same tech will serve to keep our devices safe in the future.  Mountain View has applied to patent a system that modifies …
Anand Lal Shimpi / AnandTech:
The Nexus 7 (2013) Review  —  Truth be told, Google has made (or at least directed the making of) some of the best tablets on the market today.  The original Nexus 7 was groundbreaking in that it offered a totally usable platform, married to the latest version of Android, for $199.

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Featured Podcasts

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Ex-Twitter CEO on Why AI Needs a New Internet | Parag Agrawal
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Connecting the Unconnected: Doreen Bogdan-Martin
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