Techmeme
May 2, 2014, 6:25 PM

Top News

Leena Rao / TechCrunch:
Apple Acquires Power Efficient LED Tech Company LuxVue  —  Apple has acquired LuxVue Technology, a stealthy company that had been working on micro-LED, screen technologies, we've heard from sources close to the transaction.  The company had raised $43 million in funding from Kleiner Perkins, iD Ventures America and others.
John Paczkowski / Re/code:
Apple won't introduce wearables or a new Apple TV at this year's WWDC  —  Code/red: No New Apple TV at WWDC  —  // HAPPENING TODAY  — More NewFronts!  Today's expected highlight: Vice and its frontman, Shane Smith.  — German chancellor and NSA surveillance target Angela Merkel is meeting with U.S. President Barack Obama.
Todd Bishop / GeekWire:
Milestone: Bill Gates no longer Microsoft's largest shareholder, as shares dip below Ballmer's stake  —  For the first time in Microsoft's history, Bill Gates is no longer the company's largest shareholder, as of this afternoon.  A stock sale by Gates made public a few minutes ago reduced …
Josh Constine / TechCrunch:
Facebook Promotes VP Of Product Chris Cox To Chief Product Officer, But No Organizational Change  —  Chris Cox helped invent News Feed and devised Facebook's “Social By Design” strategy, so now the company is recognizing his critical contributions by promoting the VP Of Product to Chief Product Officer.
Electronic Frontier Foundation:
EFF releases Privacy Badger browser extension that blocks third-party trackers for Chrome and Firefox  —  Help EFF Test Privacy Badger, Our New Tool to Stop Creepy Online Tracking  —  EFF is launching a new extension for Firefox and Chrome called Privacy Badger.
New York Times:
White House report on Big Data calls for limits on online data collection by tech companies  —  Call for Limits on Web Data of Customers  —  WASHINGTON — The White House, hoping to move the national debate over privacy beyond the National Security Agency's surveillance activities …
Ellis Hamburger / The Verge:
Snapchat acquired AddLive several months ago to power its new video chat  —  Snapchat made a secret acquisition to power its new video chat  —  AddLive brings video streaming expertise to the ephemeral app startup  —  To help build and power its new cross-platform video chat service …
Caroline Moss / Business Insider:
High school teacher says new Snapchat update disrupted her class, had to take all phones away, students were in “near panic”  —  High-school teacher: In 16 Years Of Teaching, Nothing Has Disrupted My Classroom More Than Snapchat's New Update  —  Yesterday, Snapchat released a huge update, its biggest in months.
CNET News:
OAuth, OpenID security flaw can be exploited to steal personal info, redirect users to unsafe sites  —  Serious security flaw in OAuth and OpenID discovered  —  Malicious attackers can use the ‘Covert Redirect’ vulnerability in the OAuth 2. and OpenID open-source login systems to steal …

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