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May 29, 2014, 3:30 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 …
Owen Thomas / ReadWrite:
Apple Bought Beats Because “Music Is Dying”
Peter Kafka / Re/code:
Tim Cook Explains Why Apple Is Buying Beats (Q&A)
Mark Gurman / 9to5Mac:
Tim Cook's memo to employees: Beats Music team will report to Eddy Cue, Beats Electronics team to Phil Schiller
Janko Roettgers / Gigaom:
YouTube starts rating U.S. ISPs, puts its weight behind settlement-free peering  —  Google released an U.S.-focused version of its video quality report Tuesday, which offers users a way to check which of their local ISPs deliver the best-looking YouTube streams.
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 …
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 …
Jordan Kahn / 9to5Mac:
GE integrates iBeacons in new LED lighting fixtures rolling out in Walmart & other retailers  —  Up until now most retailers have been deploying Apple's iBeacon technology by purchasing small standalone Bluetooth beacons or using iPad terminals that act as beacons.
More: Gigaom.  Tweets: @krehbehn.  Thanks:@apollozac
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 …
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.
Jacob Kastrenakes / The Verge:
Vimeo gets into original content with short comedy series ‘High Maintenance’  —  Vimeo is the latest video streaming service to get into original content, today announcing that it's ordered six episodes of the short comedy High Maintenance to debut later this year.
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

Rebecca Rubin / Variety:
Sony's Spider-Man: Brand New Day opened to a record-setting $360M in North America, beating Avengers: Endgame's $357M; globally, it hit $932M, second to Endgame

Rebecca Rubin / Variety:
Imax reaches its highest-grossing month ever with $257M globally in July, 47% above its previous record; The Odyssey has generated $221M globally in Imax so far

CNBC:
Snap reports Q2 revenue up 19% YoY to $1.6B, vs. $1.54B est., DAUs up 5% to 493M, vs. 487M est., forecasts Q3 revenue above est.; SNAP jumps 10%+ after hours

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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