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Techmeme
May 29, 2014, 2:05 PM
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Top News

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 …
Marguerite Reardon / CNET News:
HP can develop products with Beats tech through 2014, sell devices with Beats tech and logo through 2015  —  The Beats go on at HP (at least until 2015)  —  Consumers looking to buy an HP desktop or laptop with integrated Beats Audio have another year and a half before the companies dissolve …
Apple:
Apple to acquire Beats Music and Beats Electronics for $2.6B in cash and $400M in stock to vest over time
Mark Gurman / 9to5Mac:
Tim Cook's memo to employees: Beats Music team will report to Eddy Cue, Beats Electronics team to Phil Schiller
Owen Thomas / ReadWrite:
Apple Bought Beats Because “Music Is Dying”
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.
Sarah Frier / Bloomberg:
Snapchat CEO ‘Mortified’ by Leaked Stanford Frat E-Mails  —  Snapchat Inc. Chief Executive Officer Evan Spiegel apologized for e-mails he sent during his fraternity days that celebrated getting drunk and convincing sorority women to perform sexual acts.  —  The profanity-laced e-mails …
Cynthia Littleton / Variety:
Dish Network to Accept BitCoin Payments for Pay-TV Service  —  Charlie Ergen has always been a gambler.  Now the Dish Network CEO is taking a flier on accepting the Internet currency bitcoin as payment for pay-TV bills.  —  Dish trumpeted its decision in a news release on Thursday …
BBC:
London's transport authority believes Uber is legal, leaves final decision to London's High Court  —  Uber app taxi row referred to London's High Court  —  London's transport authority has announced it does not believe Uber's car service is breaking the law by using an app to determine charges.
Jonathan Vanian / Gigaom:
Data cleaner Trifacta raises a $25M series C round  —  Trifacta, a startup focused on getting raw data into shape so data scientists, analysts or whomever can get started analyzing it, has raised $25 million in series C financing.  Ignition Partners is a new investor in the latest round round …
Jon Brodkin / Ars Technica:
OpenSSL to get a security audit and two full-time developers  —  A Linux Foundation project inspired by the Heartbleed security flaw announced that it will fund a security audit for the OpenSSL code base and the salaries of two full-time developers.  —  The Heartbleed flaw shone a spotlight …
Jim Finkle / Reuters:
Iranian hackers use fake Facebook accounts to spy on U.S., others  —  (Reuters) - In an unprecedented, three-year cyber espionage campaign, Iranian hackers created false social networking accounts and a fake news website to spy on military and political leaders in the United States …

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From Mediagazer

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

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

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

More News

Earlier Picks

Josh Lowensohn / The Verge:
Apple's Eddy Cue touts ‘best product pipeline’ in 25 years coming this year
Dan Goodin / Ars Technica:
“TrueCrypt is not secure,” official SourceForge page abruptly warns
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