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May 7, 2014, 11:15 PM
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John Paczkowski / Re/code:
Apple's worldwide communications VP Katie Cotton retiring after nearly two decades at the company  —  Code/red: Apple PR Impresario Katie Cotton to Retire  —  Katie Cotton, Communications VP Who Helped Shape Apple's Story, Retiring  —  Big news out of Apple today.
Stacey Higginbotham / Gigaom:
Amazon, Netflix and tech giants defend net neutrality in letter to FCC  —  In a rare public stand for the internet retailer, Amazon has come out against the Federal Communications Commission's purported plan to bifurcate the internet into faster and slow lanes as part of its new network neutrality rules.
Timothy Hay / Wall Street Journal:
Google Ventures Leads $130M Round For Big Data Medical Software Company Flatiron Health  —  Google Ventures has made its largest medical software investment yet, providing the bulk of a $130 million financing for Flatiron Health Inc., which aggregates cancer-patient data from a wide variety …
More: VentureBeat and TechCrunch.  Thanks:@mkakav
Alex Wilhelm / TechCrunch:
Marissa Mayer Explains Why Yahoo Is Undervalued  —  On stage today at TechCrunch Disrupt New York, Yahoo CEO Marissa Mayer pushed against the narrative that Yahoo is worth nothing.  The company has a market capitalization in the tens of billions, but it's been pointed out that if you add …
Clare O'Connor / Forbes:
Jeff Bezos quietly attacks the $7.2 trillion B2B wholesale market with AmazonSupply  —  Amazon's Wholesale Slaughter: Jeff Bezos' $8 Trillion B2B Bet  —  In recent months global Internet retail behemoth Amazon.com has green-lit six new original TV shows, announced an online streaming deal …
Leena Rao / TechCrunch:
Layer Raises $14.5M From Homebrew, Jerry Yang To Be The Communications Platform For Mobile And Web Apps  —  Communications platform for mobile and web apps and Disrupt SF 2013 winner Layer has raised $14.5 million in Series A funding from Homebrew, AME Cloud Ventures (Jerry Yang's investment vehicle) …
Arik Hesseldahl / Re/code:
SAP Fires Cloud Chief Shawn Price and Realigns Company  —  SAP has fired the head of its cloud business unit Shawn Price, sources familiar with the move tell Re/code, in what appears to be a significant strategic realignment of the German business software giant.
Neil MacFarquhar / New York Times:
Russia Quietly Tightens Reins on Web With ‘Bloggers Law’  —  MOSCOW — Russia has taken another major step toward restricting its once freewheeling Internet, as President Vladimir V. Putin quietly signed a new law requiring popular online voices to register with the government, a measure that lawyers …
Spencer Ackerman / Guardian:
USA Freedom Act unanimously clears House Judiciary Committee  —  Surveillance reform bill designed to prevent collection of US phone data in bulk and is first to proceed onto the House floor  —  Six months after it was written to restrain the National Security Agency's sweeping domestic surveillance …
Jay Yarow / Business Insider:
Shares in mobile ad network Millennial Media drop over 40% in after-hours trading following worse than expected earnings  —  A Once-Hot Mobile Ad Network Is Crashing After Horrible Earnings  —  This is an eye-popper: Millennial Media is down 45% in after-hours trading following an earnings report that was worse than expected.
George Avalos / Mercury News:
LinkedIn eyes major expansion in Mountain View that could add 10,000 workers  —  MOUNTAIN VIEW — LinkedIn and a developer have submitted proposals to city officials for multiple office buildings in Mountain View where the technology giant could employ at least 10,000 new workers, according to proposals submitted to city officials.
Matthew Lynley / BuzzFeed:
Pinterest designer Jason Wilson on how the company built Guided Search  —  How Pinterest Developed Its New Search Engine  —  Jason Wilson, Pinterest's lead designer, tells BuzzFeed in an interview how the social network's visual search engine was born.  —  SAN FRANCISCO — As a student …
Thanks:@mattlynley
John Cook / GeekWire:
Zillow posts record Q1 revenue of $66.2M, but net loss grows as ad spending increases  —  Zillow continues to invest heavily in its brand — part of an attempt to become the dominant player in online real estate.  But that investment is coming with a cost for the Seattle company.
Robert J. Moore / Inside Ecommerce:
Pinterest: 92% of pins are by women, 84% of female users still active in their fourth year  —  Pinners be Pinnin': How to Justify Pinterest's $3.8B Valuation  —  Pinterest, founded in 2010, quickly became the visual social bookmarking service of the web.  And, like the very best social platforms do, it invented a verb: pinning.
Emil Protalinski / The Next Web:
Twitter introduces language targeting for promoted tweets and accounts across 20 languages  —  Twitter today launched language targeting for promoted tweets and promoted accounts.  As a result, advertisers can now target both in 20 different languages while users will be able to see “highly relevant ads” in their language.

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From Mediagazer

Cynthia Littleton / Variety:
A look at the challenges facing Skydance, including nearly $80B in gross debt and a commitment to achieve $6B in operational savings over three years

Brian Stelter / CNN:
The White House barred Politico from Air Force One Monday; sources: other outlets declined to take Politico's seat, leaving no primary print pooler on the trip

New York Times:
President Trump says his super PAC, MAGA Inc., will now pay for TV ads promoting him nationwide; AdImpact: $10M+ in taxpayer-funded ads have run since September

More News

Earlier Picks

Bob Rosin / Official LinkedIn Blog:
LinkedIn partners with Evernote to scan business cards, will shut down its CardMunch app
United Nations:
UN telecom agency predicts 3B Internet users, 2.3B mobile broadband subscriptions by end of 2014
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