Techmeme: Snapchat looking to raise up to $200M, declined more than $1B bid by Facebook (Evelyn M. Rusli/Digits)

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October 26, 2013, 7:45 AM

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AllThingsD:

Snapchat Is Mulling Another Huge Round at a $3.5 Billion Valuation — Only a few months after closing a Series B round of $60 million that valued the ephemeral messaging company at $800 million, Snapchat has been in talks for another funding that values it at up to $3.6 billion, according to sources close to the situation.

More: Gigaom, Mashable, Forbes, Betabeat and socalTECH.com

Tweets: @evelynrusli, @evelynrusli, @dannysullivan, @mdudas, @benparr and @evelynrusli

Evelyn M. Rusli / Digits:

Snapchat looking to raise up to $200M, declined more than $1B bid by Facebook — Snapchat Mulls Raising Money at $3 to $4 Billion Valuation — Just months after raising $60 million at a $800 million valuation, mobile messaging service Snapchat is mulling an even bigger fundraising round.

More: TechCrunch, Softpedia News, The Next Web and PhoneArena

Tweets: @danprimack and @evelynrusli

Daniel Terdiman / CNET:

Is Google building a hulking floating data center in SF Bay? — This large structure, which is likely being built by Google, could be a floating data center. It is located on a barge just off Treasure Island, between San Francisco and Oakland. — (Credit: James Martin/CNET)

More: Softpedia News, 9to5Google, ReadWrite, SiliconBeat, Valleywag, The Register, Mashable, TIME, Gizmodo and New York Times

Russell Holly / Geek.com:

Galaxy Gear support coming to Samsung phones amid concern over 30% return rate — Samsung is planning a staged rollout of support for their Galaxy Gear watch to four of the most popular devices in the Galaxy family, as they promised earlier this month. — If you've been waiting …

More: SlashGear, Ars Technica, TechnoBuffalo, TechHive, eWeek, Gotta Be Mobile, Electronista, Droid Life and Yahoo! News

Bloomberg:

DirecTV, Time Warner Cable Said to Consider Aereo-Type Services — DirecTV (DTV), Time Warner Cable (TWC) Inc. and Charter Communications Inc. (CHTR), taking a page from Aereo Inc., are considering capturing free broadcast signals from TV networks to avoid paying billions of dollars …

More: Gizmodo, Business Insider, The Verge, Engadget, Deadline.com and SlashGear. See also Mediagazer

Brooke Crothers / CNET:

Qualcomm marketing exec Chandrasekher reassigned after calling Apple's 64-bit A7 a “gimmick” — After Apple 64-bit A7 criticism, Qualcomm exec reassigned — The 64-bit Apple A7 chip is now being used in all of Apple's marquee iOS products, including the newest iPhone and iPad.

More: Global Nerdy, Cult of Mac and Guardian

Evelyn M. Rusli / Wall Street Journal:

How Rizvi, Sacca purchased shares from Williams, other Twitter employees to claim major stake — Friendship Formed Foundation of 15.6% Stake in Social-Media Company — Evelyn M. Rusli … The largest stake in Twitter Inc. first came together seven years ago at a posh Caribbean resort.

Tweets: @wsjmarkets

Peter Cohen / iMore:

Apple's new Mac iWork apps: A big step back in workflow automation — On Tuesday evening Apple posted updates to its iWork apps for Mac - Pages, Keynote and Numbers. Featured during Apple's iPad and Mac event in San Francisco, the new versions of iWork apps sport new features …

More: SlashGear. Tweets: @snipeyhead

Jordan Golson / MacRumors:

Some Power Users Are Unhappy With Lost Features in the New iWork

More: iPhone Hacks, CNET and Daring Fireball

James Galbraith / Macworld:

Intel's Iris graphics boost 13-inch Retina MacBook Pro GPU performance by more than 50% — Benchmarks: Upgraded graphics boost new 13-inch Retina MacBook Pro — The first of the new MacBook Pros unveiled on Tuesday are in the Macworld Lab, and the results show that the internal updates …

More: Electronista, MacRumors and AppleInsider

Jason Del Rey / AllThingsD:

Facebook Won't Launch Auto-Play Video Ads This Year — If you're an advertiser waiting to hand Facebook a bag of cash to start running video ads on the social network in time for the holidays, it sounds like you're out of luck. — Sources tell AllThingsD that Facebook has been advising …

More: App Advice, BGR, SlashGear and The Next Web. Tweets: @pkafka

Bloomberg:

Apple, Google Must Face Group Antitrust Hiring Lawsuit — Apple Inc. (AAPL), Google Inc. (GOOG) and two other Silicon Valley companies must face a group lawsuit representing more than 64,000 technical employees claiming their incomes were held down by the companies' agreements not to recruit one another's workers.

More: San Francisco Chronicle, CNET, iDownloadBlog.com, App Advice, AppleInsider, Mercury News, 9to5Mac, MacRumors, The Register and bizjournals

Sanjay Bhatt / The Seattle Times:

Amazon's plans for spherical building in downtown Seattle approved by city design panel — Amazon's bubble building gets OK from design panel — A city panel on Tuesday signed off on Amazon.com's design for a five-story office building formed by three intersecting spheres …

More: The Verge, SlashGear, Gizmodo and Los Angeles Times

ABC News:

NSA Blames ‘Internal Error,’ Not Hackers, For Website Crash — The shadowy National Security Agency said late Friday that it was a glitch that brought down its public website for a few hours, not hackers as some claimed online. — “NSA.gov was not accessible for several hours tonight …

More: Gizmodo, The Huffington Post, RT, Business Insider, Digits, NBCNews, Associated Press and BuzzFeed

Chris Velazco / TechCrunch:

Mobile Payments Startup Flint Raises $6M Series B Led By Digicel Group — Mobile payments startup Flint has been keeping a low profile for much of this year, but it's looking like that quiet period is finally over. The company just recently launched support for Android in a bid to widen its reach …

More: Gigaom, bizjournals, Street Fight, VentureBeat, UTRConf and silicontap.com

Matthew Panzarino / TechCrunch:

Lots Of Hollywood Interest In Making Bilton's Twitter Book A Movie — Interest is swirling at Sony and several other major Hollywood studios around Nick Bilton's book “Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal”, TechCrunch has learned.

More: Betabeat, WebProNews and SocialTimes

Nancy Gohring / CITEworld:

Salesforce to shut down Do.com task management service — Do.com, Salesforce.com's task management service, said today that it plans to shut down in January. — The company sent emails to users today letting them know that the service will be discontinued on January 31. It didn't say why.

More: The Next Web, help.do.com and ZDNet

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