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Techmeme
May 29, 2014, 5:45 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.
Wall Street Journal:
At Apple, Iovine will go full time, Dre will still produce music but do “as much as it takes”  —  Apple Agrees to Buy Beats for $3 Billion  —  Beats Co-Founders Jimmy Iovine, Dr. Dre to Join Apple  —  Apple Inc. said Wednesday that it is buying Beats Electronics LLC for $3 billion …
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 …
Owen Thomas / ReadWrite:
Apple Bought Beats Because “Music Is Dying”  —  Apple executives made their first public appearance after announcing the company's $3 billion acquisition of Beats Electronics, the audio accessories maker, and Beats Music, a streaming-music service, Wednesday evening at the Code Conference in Los Angeles.
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.
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 …
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.
James Temple / Re/code:
Intel plans to launch a 3D printable robot kit by the end of the year, starting around $1,600  —  Heeeeeere's Jimmy: Intel's 3-D Printed Robot Will Hit the Market Later This Year  —  Intel plans to bring its fully customizable, 3-D printable robot kit to market by the end of the year, with a consumer version starting around $1,600.
Richard Nieva / CNET News:
Lookout launches ‘theftie’ alerts to combat smartphone theft  —  The mobile security firm thinks a phone's front-facing camera can help retrieve a stolen device.  —  Lookout's new “theftie” email alerts  —  Lookout  —  Here's a new twist on selfies — and the mobile security firm Lookout …
More: Engadget
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: Quartz and Simple

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From Mediagazer

Cynthia Littleton / Variety:
A look at the challenges facing Skydance, including nearly $80B in gross debt and a commitment to achieve $6B in operational savings over three years

Brian Stelter / CNN:
The White House barred Politico from Air Force One Monday; sources: other outlets declined to take Politico's seat, leaving no primary print pooler on the trip

New York Times:
President Trump says his super PAC, MAGA Inc., will now pay for TV ads promoting him nationwide; AdImpact: $10M+ in taxpayer-funded ads have run since September

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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