Techmeme: EBay CEO says top shareholders agree PayPal should stay put (Reuters)

Open Links In New Tab

Mobile Archives Advertise Site News Contact Editors

March 6, 2014, 5:30 AM

Top News

JP Mangalindan / Fortune:

CNN sells Zite to Flipboard in all-stock transaction worth more than the $20M CNN paid in 2011 — Flipboard buys Zite news app from CNN — The standalone iPad news app will eventually be shut down and integrated into Flipboard. Also: Zite's CEO tells Fortune why he left.

More: Bloomberg, Flipboard, Inside Flipboard, Reuters, Inside Flipboard, TechCrunch, Gotta Be Mobile, I4U News, ZDNet, iMore, Forbes, Marketing Land, Cult of Mac, Engadget, The Digital Letter, App Advice, WebProNews, CNET, Business Insider and The Verge

Tweets: @mathewi and @pkafka

See also Mediagazer

Reid Hoffman / LinkedIn Pulse:

Short-term Profit Taking vs. Long-term Value Creation: The Future of PayPal — In January, activist investor Carl Icahn acquired around 2 percent of eBay's stock. A month or so later, eager for a return on his investment, he published an open letter to eBay's shareholders.

More: New York Times, Marc Andreessen, Mercury News and CNET

Tweets: @noplay, @fmanjoo, @peteskomoroch, @mdudas, @jeffjarvis and @cdixon

Reuters:

EBay CEO says top shareholders agree PayPal should stay put — (Reuters) - EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they support his efforts to resist demands by activist investor Carl Icahn for a spin-off of the PayPal unit.

More: CNBC, TechEye, Trends, Wall Street Journal, MarketWatch, Re/code, bizjournals and Fox Business

Lisa Fernandez / NBC Bay Area:

Facebook Will Be First Private Company in U.S. to Pay for Full-Time Beat Cop — Facebook will become what experts say is the first private company in the country to bankroll a full-time beat cop, establishing what could become a blueprint for many more similar partnerships.

More: Salon, Mercury News, Business Insider, Valleywag and Re/code

Tweets: @mikeisaac, @susie_c and @nbcbayarea

Neil Chenoweth / Financial Review:

Apple moved $8.9B in untaxed profits from Australia to Irish subsidiary in last decade — How Ireland got Apple's $9bn profit — US tech giant Apple has shifted an estimated $8.9 billion in untaxed profits from its Australian operations to a tax haven structure in Ireland in the last decade …

More: AppleInsider, Guardian, ABC, Financial Review, The Register, ZDNet, Breaking Apple News …, 9to5Mac and Delimiter

Tim Peterson / AdAge:

Apple Bringing Full-Screen Video iAds to Mobile — iPhone Maker May Sell the Ads Thru Company's New Ad Exchange — How Advertising Performs in a Social Media World — Coming to an iPad near you: iAds that look a lot like TV ads. — Apple will roll out new video iAds this year …

More: 9to5Mac, TechnoBuffalo, Internet2Go, Cult of Mac, iMore, iPhone in Canada Blog, MacRumors, iDownloadBlog.com …, Pocket-lint, AppleInsider, MacNN, BGR, Phones Review and App Advice. Tweets: @om

Ron / WinBeta:

Microsoft to unveil DirectX 12 on March 20th at the Games Developers Conference — The Games Developers Conference (GDC) is set to take place in San Francisco on March 20th and Microsoft has something big up their sleeve for that event - the unveiling of DirectX 12, Microsoft's next generation graphics API.

More: The Verge, Engadget, Polygon, Gearburn, Ars Technica, CNET, AnandTech, SlashGear, Gamasutra, Windows Phone Central, DailyFinance and computerandvideogames.com

Reuters:

Exclusive: DirecTV in talks with Disney on deal for Internet rights — (Reuters) - DirecTV is in talks with Walt Disney Co to license the rights to offer Disney's broadcast and cable channels as part of an Internet-based product, DirecTV said on Wednesday. — The deal would mirror …

More: CNET, The Verge and SlashGear

Evelyn M. Rusli / Wall Street Journal:

Founders Fund Raises $1 Billion for New Venture-Capital Fund — Founders Fund, a backer of Facebook and Space Exploration Technologies, has closed $1 billion in new financing for a fifth fund, the firm announced on Wednesday. — The new vehicle is quite a step up from the $50 million …

More: Bloomberg, Re/code, VentureBeat, Business Wire, TechCrunch, PE Hub Blog and FinSMEs

Cyrus Farivar / Ars Technica:

Ars Technica experiments with digital currency, creates Arscoin for “educational use only” — Behold Arscoin, our own custom cryptocurrency! — Recently, I became the first person in the history of Ars Technica to have a gold—rather than black—user name. — How did I get this blinged-out honor?

Tweets: @scifri, @matthew_d_green and @caseynewton

Bloomberg:

Bill Gates, Satya Nadella, Tony Bates and Microsoft's board all initially opposed Ballmer's plan for Nokia acquisition — Microsoft's Nadella Manages Legacy of Ballmer-Board Split — New Microsoft Corp. CEO Satya Nadella is seeking to reshape a company whose main businesses are losing steam …

More: SiliconANGLE, PandoDaily, Bloomberg, BGR, Wired, Microsoft News, DailyTech, Ubergizmo, TheStreet.com, MacDailyNews, GeekWire, Computerworld, WMPoweruser, CNET, SlashGear and New York Times. Tweets: @manan

Biz Carson / Gigaom:

CrossCoin Ventures launches first Ripple startup accelerator — With Bitcoin's woes, could it be time for Ripple to shine? CrossCoin Ventures plans to announce Wednesday that it is launching the first Ripple digital currency accelerator, which will be based in San Francisco.

More: bizjournals, Fast Company, Finextra Research news and CoinDesk. Thanks:@ianchaffee

Emil Protalinski / The Next Web:

Stripe updates Checkout with better address support, new device-specific design, option to save payment info — Stripe today announced its first major update to Stripe Checkout, its attempt at the most straightforward payment experience possible. The new release includes expanded address support …

More: Stripe Blog and TechCrunch

Dana Wollman / Engadget:

Samsung Galaxy Tab Pro 12.2 will ship March 9th for $650 — Samsung already gave us a heads-up that the largest of its new tablets, the Galaxy Pro 12.2, wouldn't arrive until March. Well, here it is, right on schedule. The company just announced that the 12-inch Android slate will go on sale March 9th …

More: SamMobile, Electronista, Droid Life, PhoneDog.com, Ubergizmo, 9to5Google, Softpedia News, Unwired View and SlashGear

Shawn Musgrave / BetaBoston:

Car repossession companies profit from scanned license plates showing when and where vehicles were located — A vast hidden surveillance network runs across America, powered by the repo industry — Few notice the “spotter car” from Manny Sousa's repo company as it scours Massachusetts parking lots …

Tweets: @cindycreem, @llorenzin, @dangillmor and @agpublic. Thanks:@morisy

Emil Protalinski / The Next Web:

Mozilla launches JPEG encoder mozjpeg to reduce webpage loads, results show up to 10% decrease in file size — Mozilla today announced a new project called mozjpeg, the goal of which is to provide a production-quality JPEG encoder that improves compression rates.

More: Mozilla Research, TechCrunch, CNET, The Register, Engadget, BrowserNative and 1001 Noisy Cameras

Adrianne Jeffries / The Verge:

Native American tribes adopt Bitcoin-like currency, prepare to battle US government — MazaCoin could be what the Lakota people need to boost them out of longstanding poverty, but is it legal? — The programmer and Native American activist Payu Harris raised a gavel Monday night …

More: Forbes, RT, ThinkProgress, The Independent, The Wire, newsBTC and Telegraph. Tweets: @marshallk

Rohin Dhar / Priceonomics Blog:

San Francisco house prices are going up, but not the 60-80% over asking price cited by NYT — Fact Checking The New York Times and Redfin — Over the weekend, The New York Times about San Francisco real estate titled “The Housing Market with Nowhere to Go (But Up).” As we've previously shown, and are going way up.

Tweets: @joshconstine and @ikai. Thanks:@rohindhar

Taylor Soper / GeekWire:

Yahoo acquires social media visualization startup Vizify — Vizify, a Portland-based startup that turns your social media chatter into visualizations, today was acquired by Yahoo. — Founded by Todd Silverstein, Jeff Cutler-Stamm, and Eli Tucker in 2011, Vizify is all about helping individuals make great first impressions.

More: BetaNews, Inquirer, Engadget, Vizify, TechCrunch, PC Advisor, SlashGear, PC Magazine, VatorNews, Marketing Pilgrim, Silicon Florist, CNET, TechnoBuffalo, ReadWrite, The Next Web, VentureBeat, bizjournals, Tech Trader Daily and Re/code. Tweets: @jasoncosta. Thanks:@toddbishop

Sponsor Posts

Subquadratic:

Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.

Cloudflare:

Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.

Zoho:

Generate Sample Data the Way You Want It Using AI, for Free — Finding good sample data is harder than it should be.If you've ever tried to test a dashboard, build a demo, or train a team on an analytics tool, you know the drill.

IDrive:

IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.

Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:

Cloudflare CEO: We're Ready To Block Millions of Websites From AI — With Matthew Prince

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Channels with Peter Kafka:

Data Centers, Elon Musk, and the New Politics of Tech, with David Weigel

Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.

Subscribe to Channels with Peter Kafka.

Access:

Sam Altman on OpenAI's next model and the AI backlash

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Uncapped with Jack Altman:

Brian Singerman from GPx

Conversations with people I admire about things I'm genuinely interested in.

Subscribe to Uncapped with Jack Altman.

Training Data:

Making Cities Awesome: Peregrine's Nick Noone & Ben Rudolph

Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.

Subscribe to Training Data.

Tools and Weapons with Brad Smith:

Connecting the Unconnected: Doreen Bogdan-Martin

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:30 AM ET, March 6, 2014.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.