Techmeme
August 5, 2014, 7:45 PM

Top News

John Paczkowski / Re/code:
Apple to hold iPhone event on Sept. 9  —  Code/red: Apple to Hold iPhone Event on Sept. 9  —  New iPhones to Suck All the Air Out of the Tech News Cycle on Sept. 9 Onstage at our inaugural Code conference earlier this summer, Apple SVP Eddy Cue described the company's fall product pipeline …
New York Times:
Russian Gang Said to Amass More Than a Billion Stolen Internet Credentials  —  A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion username and password combinations and more than 500 million email addresses, security researchers say.
CNBC:
Apple touts record App Store revenue, record number of customers making transactions in July  —  Apple says July was record-setting month for app store revenue  —  Apple's app store saw record-setting revenue numbers in July, the company told CNBC.  The Cupertino-based company …
Wall Street Journal:
Sprint Abandoning Pursuit of T-Mobile  —  Sprint Corp. is ending its pursuit of T-Mobile US Inc., according to people familiar with the matter.  The company and its parent, SoftBank Corp. decided it simply would be too difficult to win approval from regulators, the people said.
Alex Sherman / Bloomberg:
Sprint to replace CEO Dan Hesse as soon as tomorrow  —  Sprint Said to End T-Mobile Talks, Plans to Name New CEO  —  Sprint Corp. (S) has ended talks to acquire T-Mobile US Inc. (TMUS), a person with knowledge of the matter said, after talks reached an impasse amid disagreements over financing and a drop-dead date for a merger.
Euan Rocha / Reuters:
BlackBerry completes restructuring process, expects to start recruitment in “modest numbers”  —  BlackBerry closes chapter on restructuring process : internal memo  —  (Reuters) - BlackBerry Ltd has concluded a protracted and painful restructuring process and is back on a growth footing …
Emil Protalinski / The Next Web:
Justin.tv shuts down after 7 years amid reports Google is acquiring Twitch  —  Twitch today announced that the Justin.tv website, mobile apps, and APIs are no longer in service.  A very simple explanation is given for the shutdown: since rebranding the company to Twitch Interactive in February 2014 …
Jon Russell / The Next Web:
Google under threat as forked Android devices rise to 20% of smartphone shipments  —  Android dominates the world's smartphone market.  A new report from analyst firm Strategy Analytics pegs the Google-owned operating system's global market share at 85 percent.
Bloomberg:
IBM offered to pay Globalfoundries $1B to take IBM's chip-manufacturing business  —  IBM Said to Have Offered GF Cash to Take Over Chip Unit  —  International Business Machines Corp. (IBM) was willing to pay Globalfoundries Inc. to take on IBM's money-losing chip-manufacturing operations …
Rich Trenholm / CNET:
LG G3 Stylus leaks in official video, takes on Galaxy Note with big screen and pen  —  An official video reveals the as-yet-unannounced phablet-sized spin-off from LG's flagship smartphone.  —  The LG G3 Stylus, on the right, alongside its stablemates the G3 and G3 Beat.
Wall Street Journal:
T-Mobile Rejects Iliad's Request For Information  —  Wireless Carrier Said to Consider French Company's $15 Billion Bid ‘Dead On Arrival’  —  T-Mobile US Inc. denied Iliad SA 's request to open its books after determining that the French company's proposed $15 billion bid isn't attractive enough, people familiar with the matter said.
More: CNET and BGR

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