Techmeme: Startups have an opportunity to unbundle the features of a dated and bloated LinkedIn (Benedict Evans)

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September 23, 2013, 4:17 AM

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Arnold Kim / MacRumors:

Chaos Computer Club Bypasses Apple's Touch ID System (with copy of original fingerprint) — The Chaos Computer Club claims to be able to bypass Apple's new Touch ID fingerprint sensor with a photo of the original user's fingerprint. The bypass is demonstrated in this short video:

More: Chaos Computer Club, The Verge, Ars Technica, Reuters, BuzzFeed, PC World, iMore, TechCrunch, Mashable, Forbes, Electronista, PC Magazine, 9to5Mac, Forbes, The Raw Story, ZDNet and Securosis Highlights

Tweets: @gruber, @parislemon, @beaker, @fabienpenso, @csoghoian, @stroughtonsmith, @chriseng, @nerdtalker, @ryan and @gruber

Dan Primack / Fortune:

AngelList raises $24M at $150M valuation from Atlas Venture, Google Ventures, and over 100 others — Exclusive: AngelList raises $24 million at a heavenly valuation — AngelList builds its war chest, as the SEC prepares to lift its ban on general solicitation.

More: Haywire, ZDNet, Silicon Valley Watcher and PandoDaily. Tweets: @jaredkim

TechCrunch:

Why You Need To Pay Attention To General Solicitation — On Monday, the legal framework for startup fundraising will change. Because of the JOBS Act, you will be able to publicly announce that you're raising. This is not crowdfunding — you still have to raise from accredited ("rich") investors.

More: CNET, New York Times, San Francisco Chronicle and Fortune

Tweets: @benparr and @troyhenikoff

Hunter Walk:

AngelList Syndicates: Three Examples of Their Powerful Future

Tweets: @stevecheney, @rohit_x_ and @semil

New York Times:

NYT Editorial Board: NSA's “back doors and special access routes are a terrible idea” — Close the N.S.A.'s Back Doors — In 2006, a federal agency, the National Institute of Standards and Technology, helped build an international encryption system to help countries and industries fend off computer hacking and theft.

More: Guardian. Tweets: @rushholt, @doougle, @ggreenwald and @mikko

Stephen Braun / Associated Press:

Close ties between White House, NSA spying review — WASHINGTON (AP) — Stung by public unease about new details of spying by the National Security Agency, President Barack Obama selected a panel of advisers he described as independent experts to scrutinize the NSA's surveillance programs …

More: TechCrunch. Tweets: @ggreenwald, @joanneleon, @rj_gallagher and @csoghoian

Scott Buscemi / 9to5Mac:

Apple TV 6.0 update pulled after reports of bricking and networking issues — After Apple TV 6.0 was released on Friday with iTunes Radio and other enhancements, there were many reports of botched updates that required the user to restore their Apple TV. In some particular instances …

More: iMore, MacRumors, AllThingsD, TechCrunch, iPhone Hacks, iDownloadBlog.com, The Verge, CNET, Business Insider, Engadget, App Advice, TUAW and iClarified. Tweets: @johnpaczkowski. Thanks:@luminaryws

Benedict Evans:

Startups have an opportunity to unbundle the features of a dated and bloated LinkedIn — Unbundling: AOL, Facebook and LinkedIn — One of the recurring themes of the consumer internet is the cycle from aggregation to disaggregation - bundling to unbundling.

More: A VC. Tweets: @km and @cdixon

Greg Bensinger / Digits:

PayPal Nears Deal for Braintree Payments — EBay's PayPal is near a deal to buy Braintree Payments Solutions, according to people familiar with the discussions, potentially thrusting the online payments pioneer into the center of the burgeoning mobile commerce market.

Julie Bort / Business Insider:

Oracle announces in-memory database option, new server and backup cloud service — Larry Ellison: Oracle's New Products Make Data Fly Around ‘At Ungodly Speeds.’ — As expected, on Sunday night, Larry Ellison revealed several new products to make data flow faster across corporate data centers and the Internet.

More: ZDNet, AllThingsD, Digits and Bloomberg

Luke Reimer / Inside BlackBerry:

BlackBerry pulls BBM app from iOS App Store and delays Android release after Android app leaks — BBM for Android and iPhone Update — Prior to launching BBM for Android, an unreleased version of the BBM for Android app was posted online. The interest and enthusiasm we have seen already …

Blake Lawit / Official LinkedIn Blog:

Setting the Record Straight on False Accusations — As you may have read recently, a class action lawsuit was filed against LinkedIn last week. The lawsuit alleges that we “break into” the email accounts of our members who choose to upload their email address books to LinkedIn.

More: The Next Web, AllThingsD, T3 News, The Verge and GigaOM. Tweets: @mikko

Arik Hesseldahl / AllThingsD:

Police in New York Really Want You to Download iOS 7 — The New York Police Department has more of a relationship with Apple's iPhone than merely performing crowd control at and around Apple stores on iPhone launch days like yesterday. — A new iPhone model also means a probable uptick in attempts to steal them.

More: The Verge, 9to5Mac, iPhone in Canada Blog, SlashGear, iClarified, Business Insider and Gizmodo

New York Times:

FAA likely to relax rules on electronic devices effective sometime next year — F.A.A. Nears New Rules on Devices — The rules on when to turn off electronic devices on airplanes have long been a sour, and sometimes contentious, point for travelers. But faced with a surge of electronics …

More: The Atlantic Wire. Tweets: @nickbilton and @farsed

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