Techmeme
October 7, 2014, 11:15 AM

Top News

Juli Clover / MacRumors:
iOS 8 Adoption Stagnates Just Two and a Half Weeks After Launch  —  After almost three weeks of availability, Apple's iOS 8 operating system is now installed on 47 percent of devices, according to new numbers posted on Apple's App Store support page for developers.
Dennis Fisher / Threatpost:
Insider breach at AT&T compromises Social Security and drivers' license numbers; company offers credit monitoring to those affected  —  AT&T Hit By Insider Breach  —  AT&T is warning consumers about a data breach involving an insider who illegally accessed the personal information of an unspecified number of users.
Sydney Ember / New York Times:
Blockchain raises $30M led by Lightspeed Venture Partners, has 2.3M consumer wallets  —  Blockchain Is Latest Bitcoin Start-Up to Lure Big Investment  —  The bets that Silicon Valley is placing on Bitcoin are getting bigger.  —  Even though concerns remain about the digital currency's staying power …
More: CoinDesk, TechCrunch and CryptoCoinsNewsTweets: @semil
Colin Neagle / Network World:
Secret ad beacon network uncovered, shut down in New York City  —  For almost a year, a company called Titan has operated a network of advertising beacons, devices that are capable of identifying nearby smartphones and which are often used to push advertisements and information to them …
Loek Essers / PC World:
European Commission suspects Amazon has received illegal state aid  —  Amazon.com may have received illegal state aid from tax authorities in Luxembourg, where the company has a subsidiary that records most of its European profit, according to the European Commission.
Tim Fernholz / Quartz:
Despite huge investments by VCs in bitcoin startups, transaction volumes haven't surged in the last year  —  Falling prices aren't the real reason to worry about bitcoin  —  People are starting to notice: The bad boy of the digital currency world is losing its mojo.
Jonathan Vanian / Gigaom:
Docker acquires testing-centric startup Koality as it continues to build out its paid services  —  Fresh off a recent $40 million funding round, cloud darling Docker just bought a small startup that the company feels fits in nicely with its focus on making application development easier with containers.
Stephen Lawson / PC World:
VCE rolls out an all-in-one system with EMC's all-flash XtremIO array  —  VCE is expanding its line of all-in-one cloud systems, adding one with all-flash storage and offering more options for enterprises that want an easier path to the cloud.  —  The company, formed by Cisco and EMC …
Steven Greenhouse / New York Times:
Teamsters seeking to unionize Facebook shuttle bus drivers, hope to move on to Google and Apple next  —  Facebook's Bus Drivers Seek Union  —  They shuttle highly paid Facebook employees to and from the company's headquarters in Silicon Valley, yet many say their pay is so low that they can't afford to live in the area.
Alexei Oreskovic / Reuters:
Final price of WhatsApp for Facebook is $22B, up $3B due to increase in Facebook share price  —  Facebook's WhatsApp acquisition now has price tag of $22 billion  —  (Reuters) - Facebook Inc (FB.O) closed its acquisition of mobile messaging service WhatsApp on Monday …
More: PC Magazine, TechSpot and Tech TimesTweets: @mathewi
Steve Kovach / Business Insider:
Samsung warns Q3 profit could fall 60% from last year amid competition from cheap Androids and new, large screen iPhones  —  Samsung Warns Another Disappointing Earnings Report Is Coming  —  Samsung warned Monday night that its third-quarter earnings would be weaker than expected.
Hayley Tsukayama / Washington Post:
Facebook names Joel Kaplan VP of Global Policy, as Marne Levin moves to Instagram as COO  —  Facebook taps D.C. office head to manage global policy  —  Facebook's D.C. office head, Joel Kaplan, will become the company's global VP of public policy.  (Photo by: Eric Thayer/Reuters)
More: Re/code and AllFacebook
Ingrid Lunden / TechCrunch:
Yahoo Lays Off 400 Employees In India  —  Just ahead of its Q3 earnings, Yahoo is laying people off in its international business.  Specifically, it is downsizing its software development center in Bangalore, India.  We understand that 400 people, mainly working in product engineering, have been affected.
Cade Metz / Wired:
Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market  —  Overstock.com is building software, based on the bitcoin digital currency, that could allow the big-name etailer to issue corporate stock over the internet, sidestepping traditional stock exchanges such as the NASDAQ and the New York Stock Exchange.

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