Techmeme
August 23, 2013, 9:00 AM

Top News

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 …
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:
Google Ventures Puts $258M Into Uber, Its Largest Deal Ever  —  A Certificate Of Incorporation unearthed by AllThingsD today shows that Uber has closed $361.2 million in its latest round.  It's unknown why TPG, which picked up 775,092 shares, paid a lower per-share price than the other participants.
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 …
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 …
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.
Kevin C. Tofel / GigaOM:
Chrome OS users gain immersive mode and more in stable channel update  —  All Google Chromebooks, save one particular model, have a software update waiting for them.  Google announced the update for the Chrome OS Stable channel Thursday, saying it would roll out over the next several days …
Chris O'Brien / Los Angeles Times:
Apple mega-investor Icahn, CEO Tim Cook to talk buyback over dinner  —  Carl Icahn tweeted that he and Apple Chief Executive Tim Cook would talk over dinner about the size of the company's stock buyback.  (Associated Press)  —  Investor Carl Icahn revealed plans to have dinner …
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 …
Dan Primack / Fortune:
Sorry Twitter: Your IPO won't be ‘low profile’  —  Twitter has an unreasonable request for its prospective IPO bankers.  —  FORTUNE — Twitter is beginning to speak with bankers about its inevitable IPO, according to the New York Post.  No real surprise, except for this quote: … Say what now?
Lee Chyen Yee / Reuters:
Huawei, ZTE win bulk of China Mobile's $3 billion 4G bonanza: sources  —  (Reuters) - China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year …
More: TechEyeTweets: @tradefast
The Independent:
Exclusive: Edward Snowden leaks reveal UK's secret Middle-East internet surveillance base  —  Data-gathering operation is part of a £1bn web project still being assembled by GCHQ  —  Britain runs a secret internet-monitoring station in the Middle East to intercept and process vast quantities …
Charlie Osborne / ZDNet:
Microsoft bribery probe enters Russia, Pakistan  —  Summary: Microsoft has confirmed that the company is working with U.S. authorities to root out potential illegal activities in Pakistan and Russia.  —  Charlie Osborne  —  Microsoft has confirmed that the company is working with U.S. authorities …
Quartz:
Apple, closer to its vision for a TV set, wants ESPN, HBO, Viacom, and others to come along  —  Years of halting negotiating with cable companies haven't gotten Apple much closer to its grand vision for television.  But a newer strategy of talking directly to content providers seems more promising.

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Earlier Picks

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Chris Velazco / TechCrunch:
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