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May 29, 2014, 9:55 AM
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Apple:
Apple to acquire Beats Music and Beats Electronics for $2.6B in cash and $400M in stock to vest over time  —  Apple to Acquire Beats Music & Beats Electronics  —  Apple® today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music …
Mark Gurman / 9to5Mac:
Tim Cook's memo to employees: Beats Music team will report to Eddy Cue, Beats Electronics team to Phil Schiller  —  Cook to employees on Beats buy: ‘I hope you are as excited as I am about this new chapter in our history’  —  Following the official announcement regarding Apple's $3 billion acquisition …
Peter Kafka / Re/code:
Tim Cook Explains Why Apple Is Buying Beats (Q&A)  —  The Apple Beats deal has already generated lots of debate, and now that it's official, we will see even more.  Here's Apple CEO Tim Cook's extended explanation, via an interview he conducted with Re/code this afternoon.
Peter Kafka / Re/code:
Cue and Iovine talk about Beats acquisition, competing streaming services, Apple TV, more  —  Apple Shows Off its Newest Product, and Promises Much More to Come  —  Apple just agreed to pay $3 billion for Beats Music and Beats Electronics.  Tim Cook says one of the primary reasons …
Brian X. Chen / New York Times:
Beats brand will remain separate from Apple; Jimmy Iovine and Dr. Dre to work under Eddy Cue  —  Apple Confirms Its $3 Billion Deal for Beats Electronics  —  CUPERTINO, Calif. — Apple, the company that turned digital music into a mainstream phenomenon, said on Wednesday …
Mike Isaac / Re/code:
Post-Apple Buy, Beats Music Will Still Be on Android, Windows Phone  —  Usually when Apple buys a new company, you can kiss any Android apps goodbye.  —  Not so with Beats Music.  After announcing its plans to buy the company for $3 billion, Apple said it plans to keep …
Laszlo Bock / The Official Google Blog:
Diversity at Google: 70% men; 61% White, 30% Asian, 3% Hispanic, 2% Black  —  Getting to work on diversity at Google  —  We've always been reluctant to publish numbers about the diversity of our workforce at Google.  We now realize we were wrong, and that it's time to be candid about the issues.
NBC News:
Snowden on lax NSA security, the “dirty” business of spying, wanting to go home, his training as a spy, and more  —  Edward Snowden's Motive Revealed: He Can ‘Sleep at Night’  —  In the wide-ranging and provocative interview, Snowden:  — Suggested that a deal could be reached …
Mary Meeker / KPCB:
Slides: Mary Meeker's Internet Trends Report for 2014  —  Internet Trends 2014  —  Kleiner Perkins Caufield & Byers (KPCB) partners with the brightest entrepreneurs to turn disruptive ideas into world-changing businesses.  The firm has helped build pioneering companies like Amazon …
Dan Goodin / Ars Technica:
“TrueCrypt is not secure,” official SourceForge page abruptly warns  —  One of the official webpages for the widely used TrueCrypt encryption program says that development has abruptly ended and warns users of the decade-old tool that it isn't safe to use.  —  “WARNING: Using TrueCrypt …
Dina Bass / Bloomberg:
Microsoft, Salesforce Said to Discuss Cloud Partnership  —  Microsoft Corp. (MSFT) and Salesforce.com Inc. (CRM) are close to an agreement that will enable customers of Microsoft's cloud computing service to use Salesforce's customer management programs, said people familiar with the talks, signaling a thaw between two longtime rivals.
More: Gigaom.  Tweets: @dinabass and @theromit
Josh Lowensohn / The Verge:
Apple's Eddy Cue touts ‘best product pipeline’ in 25 years coming this year  —  Apple's iCloud and iTunes chief Eddy Cue says the products the company plans to show off later this year are the best he's seen in 25 years at the company.  —  “Later this year, we've got the best product pipeline …
Jeremy Kirk / PC World:
Symantec acquires NitroDesk for email security on Android  —  Symantec said Wednesday it closed a deal last week to acquire NitroDesk, which makes security and management applications for mobile devices.  —  Terms of the deal were not disclosed.  Symantec was already partnering with NitroDesk …
More: Nitrodesk
Dylan Love / Business Insider:
Simple, The Startup That's Supposed To Revolutionize Banking, Only Has 33,000 Active Users  —  According to this exclusive report by Quartz's Matt Phillips, retail banking company Simple had just “33,387 active customers in April, up 4.5% from March.”  —  Simple CEO Josh Reich responded publicly …
More: Simple and Quartz
Martyn Williams / North Korea Tech:
North Korea driving instructions come to Google Maps  —  North Korea has strict controls on internal movement, a scarcity of private car ownership and almost no Internet users.  And now it's also got satellite navigation through Google Maps.  —  The service is available through the web …
Jake Davis / Guardian:
Sabu, the FBI and me: how his light sentence affects the hacking landscape  —  A former Anonymous and LulzSec member who went to prison looks at what Hector Monsegur's case means for the next hacker  —  Hector ‘Subu’ Monsegur left court after sentencing because, unlike other recent hackers, his sentence was for time served.

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From Mediagazer

Wall Street Journal:
UMG shares fall 25%, the record company's worst day since its 2021 IPO, following disappointing Q2 results; UMG is down 40%+ over the past 12 months

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

More News

Earlier Picks

Josh Lowensohn / The Verge:
Samsung's Simband hardware and healthcare platform aim to track your every move
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