Techmeme: SV Angel Leads Pinterest's $5 Billion Round (Alexia Tsotsis/TechCrunch)

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May 16, 2014, 12:05 AM

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Jon Brodkin / Ars Technica:

FCC votes for Internet “fast lanes,” but could change its mind later — The Federal Communications Commission today voted in favor of a preliminary proposal to allow Internet “fast lanes,” while asking the public for comment on whether the commission should change the proposal before enacting final rules later this year.

Stacey Higginbotham / Gigaom:

Here's that FCC net neutrality compromise everyone demanded. And here's the problem. — On Thursday, the FCC commissioners voted 3-2 to approve a framework for net neutrality rules that continue to favor the creation of an internet fast lane while exploring a line of inquiry into the idea …

More: Electronic Frontier Foundation, Washington Post, TechPresident and Gigaom Research

Tweets: @micahsingleton, @christinelu, @binarybits, @gregbensinger and @cgpgrey

Jon Brodkin / Ars Technica:

The FCC doesn't have to authorize Internet fast lanes—they're already legal — What the FCC chair really means when he says he isn't legalizing paid fast lanes. FCC Chairman Tom Wheeler repeatedly said today that his network neutrality proposal doesn't authorize Internet fast lanes.

More: TechCrunch

FCC:

Protecting and Promoting the Open Internet — Notice of Proposed Rulemaking

More: Verizon, The Verge, ITworld.com, TechnoBuffalo, SlashGear and Geekosystem

Tweets: @fmanjoo, @samgustin, @samgustin and @fcc

Amy Schatz / Re/code:

Why Silicon Valley Actually Had a Pretty Good Day in D.C.

More: AT&T Public Policy Blog, Electronista and Engadget

Adi Robertson / The Verge:

The world reacts to the FCC's net neutrality vote

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.)

More: CNET News, VatorNews, Wall Street Journal, Re/code, VentureBeat, Gigaom, Forbes, bizjournals and Business Insider

Tweets: @bryce, @jedmund, @drew, @nichcarlson, @dmac1, @sarahfrier, @owenthomas and @dmac1

Thanks:@stephellenchan

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.

More: Wall Street Journal

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.

Patrick Hoge / San Francisco Business Times:

Zendesk stock soars 49 percent on first trading day — Zendesk stock leaped 49 percent ong Thursday as the San Francisco-based cloud-based customer service software provider debuted on the New York Stock Exchange (NYSE: ZEN), to close at $13.43 per share, up $4.43, after pricing at $9 the previous night.

More: Wall Street Journal, VentureBeat, Fox Business, LinkedIn Pulse, Pulse 2.0, Forbes, Re/code and Forbes

Tweets: @dmac1, @rsarver and @tomkrazit

Mercury News:

Zendesk opens IPO window with strong Wall St. debut

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.

More: 148Apps, The Register, MacStories, iPhone Hacks, iPhone in Canada Blog, Touch Arcade and 9to5Mac. Tweets: @fraserspeirs

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.

More: Ubergizmo and 9to5Google. Tweets: @spencerchen

Alexia Tsotsis / TechCrunch:

Marketing Exec Ivy Ross Is The New Head Of Google Glass

More: Google Glass and 9to5Google

Ibrahim Elbouchikhi / Android Developers Blog:

Google Play now accepting PayPal, opens carrier billing and gift cards sales to more countries — Helping You Go Global with More Seamless Google Play Payments — By Ibrahim Elbouchikhi, Google Play Product Manager — Sales of apps and games on Google Play are up by more than 300 percent over the past year.

More: Engadget, The Next Web, Droid Life, 9to5Google, Android Police, The Verge, VentureBeat, The Droid Guy, ReadWrite, AndroidGuys, Phandroid, Pocketnow, ZDNet, Gigaom and TechCrunch

Serena Saitto / Bloomberg:

Uber Said to Be in Funding Talks for More Than $10B Value — Uber Technologies Inc. is seeking to join the $10 billion-plus club. — The San Francisco-based startup, which makes a mobile application for car-service booking, is in talks to raise new financing in a round that may value …

More: The Awl, CNET News and VentureBeat

Tweets: @danprimack, @samfbiddle, @sarahfrier, @alexia, @caseynewton and @evelynrusli

Juli Clover / MacRumors:

Apple Releases OS X 10.9.3 With Enhanced Support for 4K Displays, Syncing Improvements — Apple today released OS X 10.9.3, after two months of developer testing. The last 10.9.3 developer beta, build 13D61, was released just over a week ago. — The update, which is recommended for all Mavericks users …

More: Official Apple Support, AppleInsider, BetaNews, GeekWire, AnandTech, 9to5Mac, Geek.com, Naked Security, Shoutpedia, Computerworld, iMore, Softpedia News, iMore and Gigaom

Matthew Panzarino / TechCrunch:

Foursquare's Swarm And The Rise Of The Invisible App — Swarm is a new app from Foursquare out today that chisels off the check-in and proximity features of the main app and places them in a sparse, focus-driven new home. The app is nicely done, though it will be of most use to those in dense urban areas with lots of friends.

More: Computerworld, Shoutpedia, Redmond Pie, VentureBreak and Gizmodo. Tweets: @eye4style. Thanks:@alexia

Nick Summers / The Next Web:

Foursquare Launches Swarm Check-in App for iOS and Android

More: The Foursquare Blog, VentureBeat, MACé" blog, Mashable, Gigaom, Cult of Mac, Skift and Engadget

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.

More: Quartz, Nieman Journalism Lab, Capital New York, New York Times, Poynter, Mashable and Gigaom

Tweets: @ahess247, @miriamelder, @rafat, @joshokane, @mlcalderone, @pmarca, @dvnjr, @dannysullivan, @dannysullivan and @sarahkendzior

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