Techmeme: Red-Hot Web in China Richly Rewards Foreign Investors (David Barboza/New York Times)

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May 11, 2014, 7:05 AM

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Russell Holly / Geek.com:

Google testing complete redesign, new features for web Gmail similar to leaked test on Android — Google is testing new web-based Gmail features — Google's products are constantly tested behind the scenes for potential new features, and since Gmail is just about as high as you can get on that list …

More: The Next Web, TechnoBuffalo, Gizmodo, The Verge, 9to5Google, Android Central, Phandroid and Softpedia News

Tweets: @caseynewton and @roddrury

Janko Roettgers / Gigaom:

Apple buying Beats could radically transform the digital music business — There are still many unknowns about Apple's reported acquisition of headphone maker Beats Audio, but one thing is already certain: The deal, if it goes through as reported, is going to be a game changer for digital music.

More: Re/code, DSN Blog, Business Insider, Neowin, New York Times, Doc Searls WeblogDoc …, TechHive and JonMaples.com. Tweets: @ulihegge. See also Mediagazer

Peter Kafka / Re/code:

Why Tim Cook might be interested in Beats

More: San Francisco Chronicle, Business Insider, NPR, The Awl, The Next Web, The Verge, hypebot, Digital Media Wire and DailyTech

Tweets: @briansolis, @davidsacks, @pmarca, @asymco, @pmarca, @pmarca and @pmarca

See also Mediagazer

David Barboza / New York Times:

Red-Hot Web in China Richly Rewards Foreign Investors — SHENZHEN, China -It is one of the best investments of the digital age. — In June 2001, a South African media company called Naspers paid $34 million to acquire a big stake in a struggling Chinese start-up.

Gwynn Guilford / Quartz:

All the Western companies you'd have to combine to get something like Alibaba — Alibaba, which filed for its IPO on May 6, isn't just the “Amazon of China”—it's also the Dropbox, PayPal, Uber, Hulu, ING Direct, and more. Though Google has its fingers in a similarly high volume of pies …

More: TechCrunch. Tweets: @wdbthree

Kyle Russell / Business Insider:

Google Glass' first public sales display is a booth at a prestigious Florida golf tournament — Google Secretly Tried Selling Glass To Wealthy Golfers — Three weeks after putting Google Glass on sale for one day only, the search giant is trying out another tactic for getting …

More: Google Glass and SlashGear. Tweets: @triple_r73, @triple_r73, @kylebrussell and @triple_r73. Thanks:@kylebrussell

Kim Zetter / Wired:

Network Admin Allegedly Hacked Navy—While on an Aircraft Carrier — A former systems administrator on a Navy nuclear aircraft carrier has been charged with conspiring to hack into government systems during a digital joy ride that spanned several months in 2012.

More: Ars Technica, Wall Street Journal, ABC News, Associated Press, NY Daily News, KSDK-TV, The Register, CIO.com and The Atlantic Online

Vivian Ho / The Technology Chronicles:

MonkeyParking app lets you auction off whatever parking spot your car is in, rolls out to SF — Sell your S.F. street parking spot for $20? — An Italy-based startup is rolling out an app that offers San Franciscans the pleasure of being paid to leave. — MonkeyParking allows drivers …

More: Wired, TechCrunch, The Huffington Post, Uptown Almanac, KTVU-TV, NBC Bay Area, TheBlaze, Daily Mail, The Car Connection, SFist, CBS San Francisco, Boing Boing and Business Insider

Tweets: @balajis and @oneflores

Daniel Terdiman / CNET News:

Another RadiumOne surprise: its former engineering director is on trial for identity theft — Exclusive: RadiumOne's very strange story just got stranger — Turns out RadiumOne's fired CEO isn't the only employee with a spotty record, according to the US Secret Service.

More: NBC Bay Area. Tweets: @nickstatt and @ravenme. Thanks:@rogerwcheng

Rob Platzer / bitly blog:

Bitly details breach of offsite database backup, accelerates development of security features — More Detail — While we continue working through our response to the compromise we reported yesterday, we wanted to provide some more insight into the question of how this happened and what we have done to ensure security going forward.

More: The Next Web

Emil Protalinski / The Next Web:

The Wayback Machine passes 400 billion indexed webpages, covering the Web from late 1996 to a few hours ago — The Internet Archive today announced a massive milestone for its Wayback Machine: 400 billion indexed webpages. The data encompasses the Web as it looked anytime from late 1996 up until a few hours ago.

More: Internet Archive Blogs

Stephen Shankland / CNET News:

Mozilla abandons plan for ads on Firefox's new-tab page — The nonprofit organization loses its taste for ads, saying, “That's not who we are at Mozilla” and indicating reconciliation with the advertising industry won't be easy. — Mozilla has scrapped a plan to put ads on the windows …

More: Future Releases, The Next Web, Softpedia News, Neowin and gHacks Technology News

Brittany Hillen / SlashGear:

Moto E surfaces in press shots on retailer website — A shot of a handset said to be the Moto E appeared earlier today in a photograph next to the Moto X's smaller sibling, the Moto G. Following this, Twitter user Hudson Martins has tweeted a press shot of what is said to be the Moto E. Update …

More: Engadget, AndroidOS.in, Android Police, Android Central, Gizchina.com, TechnoBuffalo, 9to5Google, Android Authority, Technology Personalized, Redmond Pie, Phones Review and Geeky Gadgets

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