Techmeme
June 18, 2014, 11:40 AM

Top News

Benjamin Mayo / 9to5Mac:
Apple releases new cheaper iMac with low-end processor, priced at $1099  —  As rumored last week, Apple has today released a new model of iMac.  These machines are considerably cheaper than their predecessors, priced at $1099.  Previously, the cheapest iMac SKU was priced at $1299 (which is now the mid-range model).
Ben Woods / The Next Web:
BlackBerry signs deal with Amazon App Store to bring 200,000 Android apps to BlackBerry 10.3  —  BlackBerry has just announced a deal that will see more than 200,000 Android apps made available for BlackBerry devices via the Amazon App Store when the new version of BlackBerry's operating system arrives later in the year.
Klint Finley / Wired:
Department of Energy network ESnet is capable of cross-country data transfers at 91 Gbps  —  The Shadow Internet That's 100 Times Faster Than Google Fiber  —  When Google chief financial officer Patrick Pichette said the tech giant might bring 10 gigabits per second internet connections to American homes …
More: The Register, Engadget and GizmodoTweets: @aarnet
Chris Strohm / Bloomberg:
Hackers Seen Using YouTube to Sell Stolen Credit Cards  —  A review of content on Google Inc. (GOOG)'s YouTube service turned up dozens of videos selling stolen credit card data, according to an Internet-safety research group trying to shed more light on an $18 billion illicit industry.
Jackie Reses / Yahoo:
Yahoo the latest to disclose diversity: 62% men globally, and 50% white in US, more diverse than Google  —  Workforce Diversity at Yahoo  —  Here at Yahoo we are committed to attracting, developing and retaining a diverse workforce.  We're in the business of building products for hundreds …
Kellex / Droid Life:
Samsung Announces Galaxy S5 LTE-A for Korea - Features QHD Display, Snapdragon 805, and 3GB RAM  —  Samsung took the wraps off a brand new variant of the Galaxy S5 this evening in Korea, one that will surely disappoint and excite many of you at the same time.
Jason Del Rey / Re/code:
One Kings Lane, after raising $112M in January, is laying off between 75-100 people, or up to 20% of its staff  —  One Kings Lane Will Cut up to 20 Percent of Its Staff  —  Just six months after landing a big round of investment that valued One Kings Lane at $900 million …
More: Wall Street Journal and VatorNewsTweets: @werty
Timothy B. Lee / Vox:
Disruption is a dumb buzzword.  It's also an important concept  —  Jill Lepore isn't a fan of Clay Christensen's concept of disruptive innovation.  Writing in the New Yorker, she laments the growing ubiquity of the term in business in general and Silicon Valley in particular.
James Temple / Re/code:
Spire Launches a Wearable Device That Measures Breathing  —  A San Francisco startup has developed a wearable device that monitors breathing patterns and a mobile app that suggests adjustments, promising to allow users to control stress levels or otherwise improve their states of mind.
Wilson Rothman / Wall Street Journal:
Garmin launches Viago, a fully functioning $1.99 GPS app for iOS and Android, with maps, safety and traffic add-ons via in-app purchase  —  Garmin's Viago GPS App Has Powerful Features—Especially if You Pay Extra … Garmin, the once-mighty GPS powerhouse, just launched Víago …
Ingrid Lunden / TechCrunch:
Fab Is Buying Helsinki's One Nordic Furniture To Score Original Products  —  Earlier this month Re/code reported that designer portal Fab was eyeing up a European furnishings site to move further into the area of building its own stock and away from reselling others', and today comes news …
More: Re/code and MashableThanks:@ingridlunden
Loek Essers / PC World:
Europe's top court to review personal data exchange between EU and US  —  The Irish High Court has referred to a 14-year-old agreement governing the exchange of personal data between the European Union and the U.S. to the EU's top court.  —  The referral, on Wednesday …
Mary Jo Foley / ZDNet:
Microsoft cuts Surface Pro 2 prices by up to $200 ahead of June 20 Surface 3 availability  —  Microsoft trims Surface Pro 2 prices ahead of Surface Pro 3 availability  —  Summary: Microsoft is trimming between $100 and $200 off the price of its second-generation, Intel-based Surface Pro 2 tablets …
Ben Woods / The Next Web:
Augmented reality matures: Blippar confirms Layar acquisition, no immediate plans to rock the boat  —  UK and US-based augmented reality company Blippar has snapped up its Dutch rival Layar for an undisclosed all-cash sum, the company confirmed today following rumors of the deal last week.
Yinka Adegoke / Billboard:
YouTube Confirms Subscription Service Imminent, Warns of Takedowns  —  YouTube has confirmed it is close to launching its music subscription service, even as it in the process of pulling down some of the biggest indie label acts in a dispute over payments.  —  Acts like Adele …

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Earlier Picks

Dylan Tweney / VentureBeat:
Brad Stone / Businessweek: