Techmeme
October 6, 2014, 4:55 PM

Top News

HP:
HP's split into two publicly traded companies called Hewlett-Packard Enterprise and HP Inc. expected to be completed by November 2015  —  HP To Separate Into Two New Industry-Leading Public Companies  —  Hewlett-Packard Enterprise will define the next generation of technology infrastructure …
Barb Darrow / Gigaom:
Brad Stone / Businessweek:
Washington Post working on curated news app for the new 8.9" Kindle Fire launching this fall; app will come to other tablets eventually  —  Jeff Bezos's New Plan for News: The Washington Post Becomes an Amazon Product  —  Jeff Bezos wants to turn the Washington Post into a national publication …
Mark Gurman / 9to5Mac:
Adobe launches cloud-connected Capture & new Photoshop, Lightroom, Illustrator, and Premiere iOS apps  —  Ahead of its annual MAX Conference kicking off today, Adobe has launched an entirely new suite of apps that are now available on the iPhone and iPad App Store.
Benjamin Mayo / 9to5Mac:
Apple sapphire crystal supplier GT Advanced files for bankruptcy  —  Apple sapphire supplier GT Advanced Tech has today released a statement announcing that it is filing for bankruptcy under Chapter 11.  Filing for Chapter 11 means the company will be able to continue normal operations until it can resolve issues with creditors.
Mike Isaac / New York Times:
Square closes its latest round, raising $150M at a $6B valuation, led by Singapore Investment Corporation  —  Square Raises $150 Million at a $6 Billion Valuation  —  It takes money to make money, or so the saying goes.  And Square, the e-commerce start-up, wants to make a lot more money.
Darrell Etherington / TechCrunch:
Facebook Closes WhatsApp Acquisition, Jan Koum To Match Zuckerberg's $1 Annual Salary  —  Facebook is now the legal owner of WhatsApp, following a filing made with the SEC today.  This is the final step in a process begun when Facebook announced its intent to acquire the messaging company in February of this year.
Tom Warren / The Verge:
Microsoft's ‘RoomAlive’ transforms any room into a giant Xbox game  —  When Microsoft first demonstrated its IllumiRoom research project at CES last year it generated a huge amount of attention ahead of a next-generation Xbox unveiling.  A video showed off a projection system that was linked …
Kara Swisher / Re/code:
Uber Hires Former Lyft COO VanderZanden to Spur International Growth  —  Will the ongoing Spy vs. Spy war between San Francisco ride-sharing services Lyft and Uber ever end?  —  Not today it won't, with Uber hiring recently departed Lyft COO Travis VanderZanden to head a new unit that will focus on international growth.
Darrell Etherington / TechCrunch:
Plex Launches On Xbox One  —  Perennial media management software favorite Plex is celebrating a return of sorts today: The company has launched an official client for Xbox One, after having originally been based on XBMC, the open-source media player that took its name from the original Xbox.
Evelyn M. Rusli / Wall Street Journal:
Free Spending by Startups Stir Memories of Dot-Com Era Excesses  —  Growing Trend of High Salaries and Pricey Offices as Venture Capital Pours into Tech Firms  —  San Francisco real-estate agent Jeffrey Moeller wants tech entrepreneurs to spend less.  —  “A four-person startup will tell me …
Tweets: @joshconstine
Lizette Chapman / Wall Street Journal:
Beepi Raises $60 Million to Sell Used Cars to the Smartphone Generation  —  Investors are bankrolling used-car marketplace Beepi Inc. in a bet that people will purchase used cars with a few taps from their smartphones without ever taking a test drive.  —  The Los Altos, Calif.-based company …

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