Techmeme: Sam Altman and Marissa Mayer co-hosting Obama fundraiser for DNC at Y Combinator HQ on May 8 (Carla Marinucci/SFGate)

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April 18, 2014, 10:40 PM

Top News

Nick Statt / CNET:

Exclusive: Nike fires majority of FuelBand team, will stop making wearable hardware — The sportswear company has decided that only software has a future in the company's technology vision. That means cutting the FuelBand, and those who helped make it.

More: Secret, GeekWire, MacRumors, TechCrunch, AppleInsider, ParisLemon, iMore, 9to5Mac, The Verge, Gigaom, Gizmodo, The Next Web, Engadget, VentureBeat, Daring Fireball, Network World, Business Insider, Redmond Pie, SlashGear, Mashable and iDownloadBlog.com

Tweets: @bgurley, @nickstatt, @ryan, @mistersterling, @lessien, @dannysullivan, @felixsalmon, @jyarow, @danprimack and @ryanlawler

Thanks:@coopeydoop

Ingrid Lunden / TechCrunch:

Airbnb closes TPG-led $450M-500M funding round valuing company at $10B — Airbnb Has Closed Its $500M Round Of Funding At A $10B Valuation, Led By TPG — TechCrunch has learned that Airbnb, the fast-growing site that lets people become hoteliers by renting out sofas, rooms or entire private homes …

More: Wall Street Journal, VentureBeat, VentureBeat, Re/code, Mashable, VatorNews, PandoDaily, Skift, Business Insider and Forbes. Thanks:@alex

Kim Zetter / Wired:

Certificate Revocation Lists increase sharply in size in the wake of Heartbleed, hogging bandwidth — Heartbleed Bug Sends Bandwidth Costs Skyrocketing — The exposure of the Heartbleed vulnerability last week had a number of repercussions, one of which was to set off a mad scramble …

More: CloudFlare Blog. Tweets: @xor

Dan Goodin / Ars Technica:

Heartbleed exploits expand to VPN devices: attackers hijack user sessions, bypassing multifactor authentication — Heartbleed maliciously exploited to hack network with multifactor authentication — Demonstrating yet another way the catastrophic Heartbleed vulnerability threatens users …

More: M-unition, New York Times, Wall Street Journal, SecurityWeek, IEEE Spectrum Recent …, ReadWrite and Computerworld

Tweets: @dangillmor and @pierre

Daniel Cid / Sucuri Blog:

Heartbleed status scan: 0.52% of top 10K sites, 2% of top 1M sites still vulnerable — HeartBleed in the Wild — As most of you probably already know, ten days ago security Researchers disclosed a very serious vulnerability in the OpenSSL library, which is used to power HTTPS on most websites nowadays.

More: PC Magazine, PandoDaily, Neowin, Re/code, Business Insider and Guardian

Tweets: @sucuri_security and @virusbtn

Peter Kafka / Re/code:

Beats Bites the Bullet, and Starts Selling Subscriptions From Apple's App — Apple has a crazily powerful digital store, used by hundreds of millions of customers. But if you want to sell something there it will cost you: In almost every case, Apple keeps 30 percent of the purchase price on whatever its users buy.

More: MacRumors, 9to5Mac and AppleInsider

Tweets: @pkafka and @pkafka

Mike Beasley / 9to5Mac:

Apple reaching out to developers who didn't win WWDC lottery, offering chance to buy unclaimed tickets — If you didn't get a chance to buy a WWDC ticket in the lottery last week, you might just get another chance soon. Developers who won were given until April 14 to buy a slot at the conference …

More: MacRumors, iMore, CNET, SlashGear and iPhone Hacks

Deep Nishar / Official LinkedIn Blog:

LinkedIn hits 300M members, 100M in US, says mobile traffic will overtake desktop later this year — The Next Three Billion [INFOGRAPHIC] — We are excited to announce that we reached a big milestone today: there are now more than 300 million LinkedIn members in the world!

More: TechCrunch, ZDNet, Marketing Pilgrim, Techie Buzz, VatorNews, PC Magazine, Simply Measured, TechSpot, VentureBeat, Marketing Land, The Next Web, The Tell, Re/code, Gigaom, Softpedia News and WebProNews

Vodafone Social:

HTC hints at DSLR-like optical zoom in the next 18-24 months, “wants to own the selfie market” — HTC talks camera tech: DSLR-destroying optical zooming ‘18 months’ away — The HTC One (M8) is here, and even though we're only in April, it's already a strong contender for phone of the year.

Carla Marinucci / SFGate:

Sam Altman and Marissa Mayer co-hosting Obama fundraiser for DNC at Y Combinator HQ on May 8 — New! Obama to hit Y Combinator headquarters in Mt. View on May 8 — President Obama will hit the Mt. View headquarters of Y Combinator, the hot Silicon Valley start-up funder and incubator …

Sam Altman:

YC's new president suggests several solutions to key issues in employee stock compensation — Employee Equity — Startup employees often do not get treated very well when it comes to stock compensation. New ideas float around occasionally, but lawyers are usually averse to trying new things …

Tweets: @tensafefrogs, @karlnieb, @cw, @davetisch, @vlgreen, @sparty_legal, @jbrewer and @cdixon

Jason Del Rey / Re/code:

Webvan founder Louis Borders is working on a new grocery delivery business — Webvan's Founder Is Back and He's Building Another Grocery Delivery Business — Two years after his high-flying online grocery business collapsed into bankruptcy, Webvan founder Louis Borders was quoted as saying …

More: Valleywag, Business Insider and GeekWire

Tweets: @ericries and @pmarca

Emil Protalinski / The Next Web:

Facebook's Paper for iOS updated with birthdays, events, photo comments, group updates, and more — Facebook today released the first major update to its Paper for iOS app, adding a slew of new features just 10 weeks after the initial launch. You can download the new version now directly from Apple's App Store.

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