Techmeme
May 16, 2014, 11:35 AM

Top News

Alexia Tsotsis / TechCrunch:
Marketing Exec Ivy Ross Is The New Head Of Google Glass  —  Some significant HR changes at Google Glass we're hearing.  First off is the departure of lead electrical engineer Adrian Wong, to competing facecomputer Oculus.  Second off is the bringing on of Art.com's Chief Marketing Officer Ivy Ross to head the division.
Josh Constine / TechCrunch:
Google Glass' Lead Electrical Engineer Adrian Wong Defects To Oculus  —  Adrian Wong still lists himself as a “professional daydreamer” on LinkedIn, but he's just left Google[x] where he was a lead electrical engineer on Glass to start “Building the Metaverse” at Oculus VR.
Lauren Orsini / ReadWrite:
Pinterest Raises A $200 Million Warchest To Do Battle With Google  —  Pinterest has raised $200 million from investors in a deal that values the company at $5 billion, a source close to the company told ReadWrite.  (Update: The company is now confirming its financing.)
Alexia Tsotsis / TechCrunch:
SV Angel Leads Pinterest's $5 Billion Round  —  News broke this afternoon that Pinterest has raised a $200 million Series F valuing it at $5 billion.  We've just confirmed that SV Angel led the massive round that could fund Pinterest until its monetization makes it self-sustaining.
Electronic Frontier Foundation:
Most tech giants now score well in EFF's first post-Snowden “Who Has Your Back?” report  —  Who Has Your Back?  —  Protecting Your Data from Government Requests — We entrust our most sensitive, private, and important information to technology companies like Google, Facebook, and Verizon.
Alex Wilhelm / TechCrunch:
FCC:
Protecting and Promoting the Open Internet — Notice of Proposed Rulemaking  —  The Internet is America's most important platform for economic growth, innovation, competition, free expression, and broadband investment and deployment.  As a “general purpose technology,” the Internet has been …
Sam Ro / Business Insider:
Dan Loeb Dumped Yahoo  —  Third Point, the hedge fund run by Dan Loeb, dumped all 8 million of its shares of Yahoo! in Q1.  —  This is according to a new 13-F regulatory filing.  —  The fund also dumped all 3.25 million shares it held of Abbott Laboratories and all 1.5 million shares it held in Gilead Sciences.
Casey Newton / The Verge:
Circle lets you purchase, store and send bitcoins without fees, launches today, still invitation only  —  Circle wants to be your friendly neighborhood bitcoin bank  —  The implosion and subsequent liquidation of bitcoin exchange Mt. Gox last month played to the worst fears about digital currencies.
Ry Crist / CNET:
Microsoft gets into the home automation game with Insteon partnership  —  The tech giant's set to make its first foray into the smart home next month.  —  Microsoft announced a partnership with Insteon today, along with some big plans to fully incorporate the popular home automation network into its ecosystem.
Juli Clover / MacRumors:
Developers Now Able to Provide Promo Codes for In-App Purchases  —  Apple appears to be allowing developers to create promo codes for in-app purchases, a useful feature that makes it far easier to test and promote freemium games and apps with content that can only be purchased within an app once it has been downloaded.
Myles Tanzer / BuzzFeed:
Internal NYT report on digital publishing: weak support systems, neglect of social promotion, editors “unfamiliar with the web”, more  —  Exclusive: New York Times Internal Report Painted Dire Digital Picture  —  “Our journalism advantage is shrinking,” a committee led by the publisher's son warned.
Vlad Savov / The Verge:
Heathrow Airport's Terminal 5 to be rebranded as “Terminal Samsung Galaxy S5” for two weeks  —  Samsung rebranding Heathrow's busiest hub to ‘Terminal Samsung Galaxy S5’  —  Two weeks of S5 overload for British fliers  —  Samsung's marketing juggernaut is reaching …

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Juli Clover / MacRumors:
Jessica Dolcourt / CNET:
Ibrahim Elbouchikhi / Android Developers Blog: