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July 24, 2014, 1:30 PM
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Ravi Somaiya / New York Times:
Joshua Topolsky, editor in chief of The Verge, joins Bloomberg as editor of a series of new online ventures, will be replaced by Nilay Patel  —  Josh Topolsky of The Verge Is Joining Bloomberg  —  Josh Topolsky, the co-founder of the technology website The Verge, will join Bloomberg …
Tracey Lien / Polygon:
Sony agrees to $15M settlement in 2011 data breach class action  —  Sony today agreed to a $15 million preliminary settlement in a class action lawsuit over its 2011 data breach, which led to the theft of names, addresses and possibly credit card data belonging to 77 million user accounts.
Arik Hesseldahl / Re/code:
HP Makes $50 Million Strategic Investment in Hortonworks  —  To the steadily growing list of big companies making strategic investments in the open source big data platform known as Hadoop, you can now add computing giant Hewlett-Packard.  —  Re/code has learned that HP today will announce …
Exodus Intelligence:
Security firm finds de-anonymizing zero-day vulnerability in Tails OS popularized by Snowden  —  Silver Bullets and Fairy Tails  —  Introduction  —  This week we made mention on Twitter of a zero-day vulnerability we've unearthed that affects the popular Tails operating system.
Richard Lawler / Engadget:
The new $350 Oculus Rift virtual reality headset is now shipping  —  We were expecting to see the new iteration of the Oculus Rift arrive on developer's doorsteps earlier this month, but unfortunately it hit a couple of delays.  Road to VR points out a Reddit thread where pre-orderers confirmed …
Deborah Gage / Wall Street Journal:
Digital Whiteboard Trello Spins Out of Fog Creek With $10.3M  —  For the second time, Fog Creek Software Inc. has spun out a company—Trello Inc., an internal project management tool that became so popular, according to the founders, it needed to exist on its own.
Sarah Frier / Bloomberg:
Facebook stock surges to a record high of $76 in early trading, doubling its IPO price  —  Facebook Shares Surge to Record as Mobile Ads Fuel Gains  —  Mark Zuckerberg is staring down naysayers who hammered Facebook Inc.'s stock after its debut two years ago, as shares surged to a record today.
Ina Fried / Re/code:
LG Shipped 14.5 Million Smartphones in Q2, up 20 Percent, As Phone Business Turned a Profit  —  Korea's LG Electronics said on Wednesday that its mobile unit turned profitable in the second quarter as the company shipped a record 14.5 million smartphones, up 20 percent year-over-year.
Josh Ong / The Next Web:
Google Maps challenges Foursquare with new Explore feature on Android and iOS  —  Google announced today the addition of an Explore Nearby button for Google Maps on iOS and Android.  The featuring is rolling out “starting this week.”  —  The new feature expands the Google Maps as more than just your go-to app for directions.
Mark Hearn / 9to5Google:
Google switching Chrome to its homemade BoringSSL to make its browser safer  —  Google has exhausted a lot of resources patching up OpenSSL, so much in fact, the company has elected to create its own fork aptly named BoringSSL.  Preparing to move the platform to Chrome …
Charlie Osborne / ZDNet:
European Central Bank suffers security breach, personal data stolen  —  Summary: The European Central Bank's website has been hacked and personal information has been stolen by a cybercriminal.  —  The European Central Bank (ECB) admitted Thursday that a security breach has led to the theft of personal data.
Janet Van Huysse / The Twitter Blog:
Twitter releases diversity report: global employees are 70% male; in US 59% white, 29% Asian  —  Building a Twitter we can be proud of  —  At Twitter, we have a goal to reach every person on the planet.  We believe that goal is more attainable with a team that understands and represents different cultures and backgrounds.
Karen Freifeld / Reuters:
Seven arrests made in $1.6 million StubHub cyberfraud case  —  (Reuters) - Police have arrested seven people on charges they were tied to an international ring that defrauded eBay Inc's StubHub online ticketing service of some $1.6 million, the latest in a string of high-profile cybercrime busts in recent months.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ellise Shafer / Variety:
Memo: the BBC says it will cut 550 jobs including in its news and content divisions by the start of FY 2027-2028 in the first phase of a plan to save $670M

Thomas Escritt / Bloomberg:
Viktor Orban's media empire collapses two months after his election defeat; about 400 journalists at Mediaworks outlets have been given notices of termination

The Colorado Sun:
The owner of The Denver Post agreed to pay the city of Denver $13.5M under a settlement to cover overdue rent for the news outlet's former building

More News

Jack Linshi / TIME:
Foursquare moving all check-ins to secondary app Swarm starting Thursday
Benjamin Mayo / 9to5Mac:
Apple reportedly discussing mobile wallet plans with credit card companies, may launch with iPhone 6

Earlier Picks

Connie Loizos / StrictlyVC:
Sense, a New Sleep Tracker with a Kickstarter Campaign, Has Raised at Least $10.5 Million from Investors
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