Techmeme
July 21, 2014, 5:50 PM

Top News

Kara Swisher / Re/code:
Confirmed: Yahoo Poised to Buy Mobile Analytics and Ad Platform Flurry  —  Yahoo is poised to buy mobile analytics and advertising platform company Flurry, according to people with knowledge of the situation.  —  [Flurry and Yahoo just confirmed the deal in blog posts.]
Scott Burke / Yahoo:
Yahoo to Acquire Flurry to Strengthen Mobile Products  —  Over the past couple of years, Yahoo has been focused on re-imagining our users' daily habits, and mobile is at the center of everything we do.  Today, I'm excited to announce the next step in our vision, that we have reached …
Jason D. O'Grady / ZDNet:
Forensic scientist identifies suspicious ‘back doors’ running on every iOS device  —  Summary: During his talk at HOPE/X Jonathan Zdziarski details several undocumented services (with names like “lockdownd,” “pcapd,” “mobile.file_relay,” and “house_arrest") that run in the background on over 600 million iOS devices.
Josh Constine / TechCrunch:
Facebook Launches Save, A Read-It-Later List For Links, Places, And Media Pages  —  Two years after acqhiring read-it-later startup Spool, Facebook today launched a basic Pocket competitor called Save.  It's a feature for iOS, Android, and web that lets you store links from News Feed …
Janko Roettgers / Gigaom:
Netflix ends Q2 with 50 million members, survives price hike without blemishes  —  Netflix ended the second quarter with a total of 50.05 million subscribers worldwide, up from 37.56 million in Q2 of 2013.  The company added 570,000 subscribers in the U.S. last quarter, compared to 630,000 in Q2 of 2013.
Josh Constine / TechCrunch:
Facebook's $2 Billion Acquisition Of Oculus Closes, Now Official  —  Facebook now owns Oculus.  The $2 billion acquisition deal of the virtual reality pioneer announced in March has been approved by regulators and today become official.  The U.S. FCC's anti-trust team greenlighted the deal in April.
Jeyup S. Kwaak / Wall Street Journal:
Seoul city government moves to ban Uber, plans similar app for official city taxis  —  Seoul Moves to Ban Uber, Plans Own App  —  UPDATE: Uber Monday evening called Seoul city government's earlier statement a sign that it lags behind in adopting what it called an innovation in transportation.
Kaylene Hong / The Next Web:
In China, more people now access the internet from a mobile device than a PC  —  China has been going through an explosive internet adoption period, with mobile playing a key role in getting people online.  —  And now, the latest report published by state-affiliated research organization …
Sarah Frier / Bloomberg:
Urban Compass raises $40M at $360M valuation after increasing revenues 10x over past year  —  Urban Compass Raises Money at $360 Million Valuation  —  Urban Compass Inc., the New York marketplace for renting and buying apartments, will expand to more U.S. cities after raising $40 million from investors.
Paul Ford / Medium:
Why do programmers keep making tools like email clients and todo list apps?  —  Doomed to Repeat It  —  Learning from the things we make over and over … There's always some big deal in email—in 2013 it was Mailbox, an app that made it easy to sort and process email.
Steven Scheer / Reuters:
Mobileye, Israeli maker of driving assist systems, starts road show for $500M NYSE IPO  —  Israel's Mobileye starts road show for $500 million NYSE IPO  —  (Reuters) - Mobileye N.V., which makes software and cameras that help cars avoid accidents, said on Monday it has launched a road show …
Josh Constine / TechCrunch:
RadiumOne Issues Not-Quite-Apology For Ousting CEO Who Pled Guilty To Domestic Violence  —  Ad platform RadiumOne and its former CEO Gurbaksh Chahal have issued a joint statement that is intended to “bring an end to all disputes they have had.”  RadiumOne removed Chahal in April following media criticism …
Kara Swisher / Re/code:
Google's new chief business officer Omid Kordestani joins Spotify board, even as competition increases between the companies  —  Google's New Business Head Joins Spotify Board, While Another Former Exec Becomes Special Adviser  —  Omid Kordestani, who has just temporarily replaced Nikesh Arora …
More: WebProNews and hypebotTweets: @pkafka
Arik Hesseldahl / Re/code:
Former Autonomy CFO Seeks Rejection of HP Settlement  —  The former chief financial officer of the British software company Autonomy today moved to challenge a proposed settlement of a shareholder derivative lawsuit stemming from Hewlett-Packard's botched $11 billion acquisition of that company in 2011.

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