Techmeme: Indian e-commerce giant Flipkart raises $210 million, following its acquisition of rival Myntra (Jon Russell/The Next Web)

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May 26, 2014, 3:30 PM

Top News

Darrell Etherington / TechCrunch:

Apple Said To Be Prepping Smart Home Software Platform For WWDC Reveal — Apple is going to make a big play in the connected smart home space, according to a new report from the Financial Times. The company is planning a platform that would turn its iOS devices, including the iPhone …

More: Financial Times, 9to5Mac, Digital Trends, The Verge, PandoDaily, ReadWrite, Computerworld, CNET News, GeekWire, AppleInsider, Business Insider, Gizmodo and MobileSyrup.com

Andy Greenberg / Wired:

DARPA proof-of-concept lets cyberwarriors visualize and attack networks with the Oculus Rift — Darpa Is Weaponizing Oculus Rift for Cyberwar — For the last two years, Darpa has been working to make waging cyberwar as easy as playing a video game. Now, like so many other games, it's about to get a lot more in-your-face.

More: Gizmodo, TechCrunch, Digital Trends, We Live Security, SlashGear and VentureBeat

Kara Swisher / Re/code:

Rap Genius Co-Founder Moghadam Fired Over Tasteless Comments on Santa Barbara Shooting — Rap Genius co-founder Mahbod Moghadam has been fired from the annotation service after posting appalling comments on the memoir of mass murderer Elliot Rodger, who killed six people in a shooting spree earlier this week.

More: Rap Genius, TechCrunch, Gawker and Business Insider. Tweets: @mahbodmoghadam

Peter Kafka / Re/code:

Amazon is inviting some customers to try its Fire TV set-top box free for 30 days — Amazon Now Has Plenty of Fire TVs, and May Let You Try One for Free — Remember when Amazon sold out of its Fire TV boxes, just a few days after introducing them? — Now they have more.

More: Gigaom, Good E-Reader, TechnologyTell, High-Def Digest, Investor's Business Daily, Mashable, Ubergizmo, Consumerist, FanSided and iTech Post

Quinn Norton / Medium:

Why security is terrible: computers, software, and the people who use them are broken — Everything Is Broken — Once upon a time, a friend of mine accidentally took over thousands of computers. He had found a vulnerability in a piece of software and started playing with it.

More: TechCrunch, The Verge and PandoDaily

Tweets: @securityninja, @rachelannyes, @runasand, @ioerror and @emptywheel

Catherine Shu / TechCrunch:

Kakao, behind South Korean messaging service KakaoTalk, to merge with internet portal Daum — Kakao And Daum To Merge, Creating One Of South Korea's Largest Internet Companies — Kakao Corp and Daum announced today that they will merge through an equity swap, creating a company with a 3.4 trillion won …

More: Bloomberg, Tech in Asia, theWHIR.com, The Next Web, Wall Street Journal, Reuters and ABC News

Jon Russell / The Next Web:

Indian e-commerce giant Flipkart raises $210 million, following its acquisition of rival Myntra — India e-commerce giant Flipkart last week bought up smaller, fashion-focused rival Myntra, and today it has more news after announcing a new $210 million round of funding.

More: VentureBeat, TechCrunch, Reuters, Techcircle.in, MediaNama, GeekTime, Business Standard, ventureburn, The Economic Times and BGR India

Evelyn M. Rusli / Wall Street Journal:

Investor Talk on Uber's Valuation Hits as High as $17 Billion — The bids for Uber's funding round rolled in this past week, and the price for the on-demand car service seems poised to steeply rise. — Several investors have stepped up during the bidding process, offering valuations near or above $17 billion, two people said.

More: Mashable. Tweets: @semil. Thanks:@evelynrusli

Jon Southurst / CoinDesk:

A Bot Named Willy: Did Mt. Gox's Automated Trading Pump Bitcoin's Price? — There is more speculation today that bitcoin's November 2013 surge and Mt. Gox's trading volume's were built in part on fraudulent trading activity - specifically via a bot that serious traders have dubbed “Willy”

More: The Willy Report, CryptoCoinsNews, Gigaom, The Market Oracle, newsBTC and Forex Minute

Danny Yadron / Wall Street Journal:

Alleged Chinese Hacking: Alcoa Breach Relied on Simple Phishing Scam — Email That Purported to Be From Carlos Ghosn Held a Virus That Let Hackers Allegedly Steal Nearly 3,000 Messages, According to Indictment — At first blush, the email appeared to be from Carlos Ghosn …

Tweets: @dannyyadron, @toddheberlein and @socengineerinc

Bloomberg:

U.S. Companies Hacked by Chinese Didn't Tell Investors

More: Al Jazeera America and Guardian. Tweets: @jasonh and @taosecurity

Jamie Rigg / Engadget:

HTC One mini 2 review: A worthy new addition to the premium One clan — HTC created what was undoubtedly one of the best smartphones of last year with the original One. That was later followed up by the One mini, which was surprising in the sense that the handset maker hadn't before attempted …

More: ZDNet, BGR, Gizmodo, SlashGear, Guardian, AnandTech and The Verge

Hollie Slade / Forbes:

Browser-based encrypted email service ProtonMail launches beta, aims for Gmail-like simplicity — The Only Email System The NSA Can't Access — When the NSA surveillance news broke last year it sent shockwaves through CERN, the particle physics laboratory in Switzerland.

More: The Hacker News, cryptocoins news, ProtonMail Blog, ProtonMail Blog, Betabeat, Digit - Tech News, NDTV Gadgets, AmongTech, SlashGear, TechEye, CoinDesk, The Huffington Post, PSFK, CoinTelegraph.Com News, The Register, Freedom Hacker and P2P Foundation

Mathew Ingram / Gigaom:

Giants behaving badly: Google, Facebook and Amazon show us the downside of monopolies and black-box algorithms — The internet is a wondrous thing — a limitless universe of content and products and information, all of which can be summoned up from the comfort of a chair or the palm of the hand …

More: New York Times. Tweets: @jm_mcgrath and @reckless

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