Techmeme
April 20, 2014, 2:00 AM

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.
Kara Swisher / Re/code:
What Does the Recent Tech Stock Downturn Mean?  The Truth Is Nobody Knows.  —  In his new book on high-frequency trading, “Flash Boys,” Michael Lewis opens with the very simple premise he gleaned from watching the stock market crash in October of 1987:  —  “If you ever needed proof …
More: Beyond Search and FortuneTweets: @trengriffin and @tonyromm
Rod Boshart / Quad City Times:
Microsoft brings $1.13 billion data center to Iowa  —  DES MOINES — Central Iowa is emerging as an economic magnet for high-tech data centers, state and local leaders declared Friday after plans were unveiled for global computer giant Microsoft to phase in a $1.13 billion regional data center over the next four to five years.
Sam Machkovech / Ars Technica:
Neil Young's music-player Kickstarter closes at $6.2 million  —  Neil Young's trek into high-end gadgetry didn't just stop with launching and promoting the PonoPlayer.  He also apparently installed lasers in his fingers so that he could sign his own limited edition series of the product.
Philip Elmer-DeWitt / Fortune:
Analyst consensus is that quarterly iPad sales might decline slightly compared to last year  —  How many iPads did Apple sell last quarter?  —  The analysts' estimates range from 15 million to nearly 22 million.  Average: 19.3 million.  —  FORTUNE —Although the heyday of the iPad …
Danny Bradbury / CoinDesk:
Bitcoin Core Developers Weigh in on Side Chain Proposal  —  These days, everyone wants to add new features to the bitcoin block chain, but now one team thinks that it's found a way to do it responsibly - by creating “side chains” that can interact with bitcoin.  —  The process, known as ‘two-way pegging’, has some hefty backing.
Russell Brandom / The Verge:
Galaxy S5's FIDO-compliant finger scanner: the first step in one grand plan to kill passwords  —  The plot to kill the password  —  The world's most powerful companies want you to log in with fingerprints and eyescans  —  Last Friday, Samsung's new Galaxy S5 arrived with an unexpected and underhyped feature.
Tweets: @nytimesbits

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Sam Altman: