Techmeme: 2013 tech exits: Yahoo top buyer, SV Angel top investor, 1% exited for $1B+, 2/3 raised no institutional capital (CB Insights)

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March 2, 2014, 5:25 AM

Top News

Yukari Iwatani Kane / Wall Street Journal:

Tim Cook: a private, disciplined, tough manager crafting a healthier work environment at Apple — The Job After Steve Jobs: Tim Cook and Apple — From the moment he became CEO of Apple, Tim Cook found himself in the shadow of his boss — Author of “Haunted Empire, Apple After Steve Jobs” …

More: 9to5Mac, CNET, iMore, Business Insider, Daring Fireball, AppleInsider, Mashable, iDownloadBlog.com …, iPhone in Canada Blog and MacRumors. Tweets: @jyarow

Bryan Chaffin / The Mac Observer:

Tim Cook to conservative think tank on sustainability: if you only care about ROI, stop investing in us — Tim Cook Soundly Rejects Politics of the NCPPR, Suggests Group Sell Apple's Stock — In an emotional response to the National Center for Public Policy Research (NCPPR) …

Robin Wauters:

WhatsApp CEO Jan Koum scolds writer for 2011 TechCrunch fundraising scoop that inconvenienced him — An unexpected chat with WhatsApp founder Jan Koum — Things were getting pretty quiet in the speaker / press lounge backstage at the 4YFN conference in Barcelona.

More: Tech.eu. Tweets: @joehas, @ingridlunden, @hunterwalk, @pkafka, @nero, @robinwauters, @danprimack, @robinwauters, @jaimenovoa and @neerajarora

Ryan Lawler / TechCrunch:

Comcast Is Acquiring Video Ad Company FreeWheel For $320 Million — Over the years, FreeWheel has become the go-to ad-serving platform for many TV networks that stream their content online. And it's about to become part of one of the biggest distributors of content online and off.

More: CNET, Re/code and Variety. Tweets: @qthrul

Jake Adelstein / The Daily Beast:

Former employee says incompetent management and faulty accounting led to collapse of Mt. Gox — Inside Japan's Bitcoin Heist — A former Mt. Gox employee says incompetent management and faulty accounting—not virtual robbers—are the real culprits in the missing millions.

More: Reuters and Bitcoin Magazine. Tweets: @bendavenport

Pete Rizzo / CoinDesk:

Alleged Mt. Gox Victim Files Class Action Lawsuit, Now His Lawyers Speak Out

More: Softpedia News, Ars Technica, Bloomberg, Reuters, SlashGear, Engadget, PC World, theWHIR.com, Forbes and Wall Street Journal. Tweets: @clipperchip

Tom Warren / The Verge:

Nokia X hacked to run Google's Android apps and services — Nokia unveiled its X Android phones less than a week ago, with plans to use the handset to promote Microsoft services and not Google's. After just a few days, hackers have managed to gain root access to the Nokia X and covert …

More: Android Central, xda-developers, Engadget, TechnoBuffalo, AndroidGuys, The Next Web, My Nokia Blog, WMPoweruser and AndroidSPIN. Tweets: @nokiadeveloper

Spencer E. Ante / Wall Street Journal:

Watson Head's Departure Raises Questions About IBM Moonshot — Manoj Saxena, the International Business Machines executive overseeing its artificial intelligence Watson technology, told IBM employees on an internal conference that working on Watson was the highlight of his professional life …

More: A Smarter Planet Blog. Tweets: @wsjd

Dara Kerr / CNET:

IBM laying off up to 25 percent of ‘hardware’ division

More: eWeek, Engadget, Wonkblog, TechnologyAdvice, Gigaom, SiliconANGLE and TheStreet.com. Tweets: @qthrul

CB Insights:

2013 tech exits: Yahoo top buyer, SV Angel top investor, 1% exited for $1B+, 2/3 raised no institutional capital — 2013 Global Tech Exits Report - Private Company Tech Acquisitions and IPOs … 2013 saw 1,824 private tech companies acquired globally and 63 tech firms go public.

More: GeekWire

Billboard:

Apple Presses Labels For More 'Beyonce'-Type Exclusives In Wake of Downloads' Slide — Apple Inc.'s music chief Robert Kondrk has been pressuring major labels for releases similar to last year's Beyonce exclusive, excluding services like YouTube and Spotify to help shore up slowing download sales …

More: Cult of Mac, iMore, iPhone in Canada Blog, AppleInsider, App Advice, MacRumors and Gigaom

Tweets: @zseward and @jherskowitz

Mike Beasley / 9to5Mac:

Ferrari, Volvo, and Mercedes to unveil first iOS in the Car-integrated vehicles next week — When announcing iOS 7 last year, Apple previewed an upcoming featured called iOS in the Car that will allow automotive manufacturers to integrate iOS-powered mobile devices into the media centers in their cars.

James Ball / Guardian:

A look at the elaborate ICANN ceremony for its seven keyholders that underpins DNS security — Meet the seven people who hold the keys to worldwide internet security — It sounds like the stuff of science fiction: seven keys, held by individuals from all over the world, that together control security at the core of the web.

More: Business Insider. Tweets: @0xabad1dea, @leashless and @jamesrbuk

Zachary M. Seward / Quartz:

GrubHub and Seamless take a 13.5% cut of their average delivery order — GrubHub and Seamless charge an average commission of 13.5% for restaurant orders placed through their websites and apps. And restaurants pay more to appear higher in search results, which isn't apparent to diners.

Tweets: @zseward

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