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November 13, 2013, 10:50 PM
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Digits:
Snapchat Spurned $3 Billion Acquisition Offer from Facebook  —  Snapchat, a rapidly growing messaging service, recently spurned an all-cash acquisition offer from Facebook for $3 billion or more, according to people briefed on the matter.  —  The offer, and rebuff, came as Snapchat …
Evelyn M. Rusli / Digits:
Why Snapchat may have turned down Facebook: a young, fast-growing, highly-engaged user base  —  Why Would Snapchat Turn Down a $3 Billion Cash Buyout?  —  On Wednesday, Digits reported that Snapchat's CEO and co-founder Evan Spiegel spurned a $3 billion or more cash offer from Facebook …
More: CNET
Jeff Barr / Amazon Web Services Blog:
Amazon WorkSpaces - Desktop Computing in the Cloud  —  Once upon a time, enterprises had a straightforward way to give each employee access to a desktop computer.  New employees would join the organization and receive a standard-issue desktop, preconfigured with a common set of tools and applications.
Tom Warren / The Verge:
HP and Google order ‘pause’ in Chromebook 11 sales after reports of chargers overheating  —  The HP Chromebook 11 has been pulled from Best Buy store shelves, and sales halted on Amazon and HP and Google's online stores, following customer complaints of chargers overheating.
Darrell Etherington / TechCrunch:
Motorola Makes The Moto G Official, A “Premium” Phone Starting At $179 Unlocked  —  On-Demand Photography Marketplace Scoopshot Snaps $3.9 Million Series A  —  Motorola held a special event today to reveal its new Moto G, a spiritual sibling to the Moto X and a way for the Google-owned smartphone maker …
Dan Primack / Fortune:
Redfin is now a $500 million company  —  Online real estate company Redfin raises $50 million in new VC funding.  —  FORTUNE — Online real estate company Redfin has raised $50 million in what it believes will be its last round of VC funding before going public.
Tweets: @danprimack
John Cook / GeekWire:
Documents: Redfin raising $50M funding round in major new step for online real estate company  —  Seattle online real estate company Redfin appears to be on the cusp of announcing a huge financing round, corporate documents show.  —  According to an amended and restated certificate …
Josh Constine / TechCrunch:
Dropbox Hits 200M Users, Unveils New “For Business” Client Combining Work And Personal Files  —  CEO Drew Houston today announced that Dropbox has hit 200 million users, up from 175 million in July.  He later revealed the new Dropbox For Business client securely houses both a user's personal …
Adam Satariano / Bloomberg:
Apple's $10.5B on Robots to Lasers Shores Up Supply Chain  —  Apple Inc. is putting a record $10.5 billion to work in new technology — from assembly robots to milling machines — that consumers will never see.  —  To get a jump on rivals like Samsung Electronics Co. and lay the groundwork for new products …
Jason Del Rey / AllThingsD:
Fab to Lay Off at Least Another 50 Employees  —  Restructuring efforts at Fab are about to hit its New York headquarters hard, according to sources close to the situation.  —  The e-commerce startup, which recently received massive funding, is getting ready to announce another round of layoffs in the U.S. …
More: Digits and Betabeat.  Tweets: @delrey
Nicholas Weaver / Wired:
Our Government Has Weaponized the Internet.  Here's How They Did It  —  The internet backbone — the infrastructure of networks upon which internet traffic travels — went from being a passive infrastructure for communication to an active weapon for attacks.
Tweets: @nzkoz
iFixit:
iPad Mini Retina Display Teardown  —  Lots of new tech ensures the iPad Mini Retina Display is a worthy successor to both the iPad Air and last year's iPad Mini—but will it carry the familial low repairability?  Follow along as we reveal the inner workings of this compact new Retina device.
Shara Tibken / CNET:
Apple demands $380M in patent trial, but Samsung wants to pay $52M  —  The amount requested by Apple during opening arguments in a damages retrial is less than the $450 million awarded by a jury last year.  And Samsung's proposal is much lower.  SAN JOSE, Calif. — An Apple attorney told …
Roger Cheng / CNET:
Verizon admits network faces traffic pressure in big cities  —  The wireless carrier is pouring money into the problem, and a top executive says the issues will dissipate by the end of the year.—Verizon Wireless is feeling the crush of all of those LTE-enabled devices on its network.
David Kravets / Wired:
NSA Transparency Hurts Americans' Privacy, Feds Say With Straight Face  —  Adding limited public accountability to the NSA's vast electronic spying programs would actually harm the privacy of Americans, Obama administration officials told a Senate hearing today.
More: Gigaom and Reuters
Chris Velazco / TechCrunch:
The Dual-Screen YotaPhone Will Launch Internationally In December  —  Russia-based Yota Devices has been working on a curious beast called the YotaPhone for years now, and it's gained quite a reputation for itself because of its split personality.  While the front of the phone sports …
More: Engadget and CNET
Steve Johnson / Mercury News:
Cisco stock tumbles over company's sales projections  —  Cisco Systems (CSCO)' shares took a nose dive after its earnings report missed Wall Street's projections — which the computer networking giant partly attributed to the government shutdown and fallout over the NSA's spying revelations …
Jay Yarow / Business Insider:
Steve Jobs On Android Founder Andy Rubin: 'Big, Arrogant ..."  —  Steve Jobs did not like Android, or the guy that ran it, Andy Rubin, according to a new book on the Google-Apple smartphone wars.  —  Jobs told friends that he thought Rubin was a “big, arrogant f**k,” according to Fred Vogelstein's …
Sharif Sakr / Engadget:
Acer goes up against the Surface Pro 2 with its own $950 hybrid  —  What will Acer's outgoing CEO leave as his legacy, aside from a bit of financial wreckage?  It could be a pair of brand new TravelMate Ultrabooks, the X313 and P645, which were revealed a few weeks ago and now have final pricing and availability set for this month.
Reuters:
Juniper appoints Barclays executive Shaygan Kheradpir CEO  —  Network gear maker Juniper Networks Inc named Barclays Plc's chief operations and technology officer, Shaygan Kheradpir, as successor to Chief Executive Kevin Johnson.  —  Kheradpir joined Barclays in January 2011.

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From Mediagazer

Todd Spangler / Variety:
A US judge approves Paramount's settlement with 12 state AGs who tried to block its WBD deal, and Paramount tentatively sets October 6 to close the acquisition

Los Angeles Times:
California Governor Gavin Newsom signs a bill that creates refundable tax credits for local news outlets based on the number of journalists they employ

Raquel Coronell Uribe / NBC News:
The White House once again removes CNN from the press pool traveling with Trump; the judge's order only addressed access to White House grounds

More News

Earlier Picks

Polygon:
PlayStation 4 review: focus on gaming is undermined by lack of compelling software at launch
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