Techmeme
October 29, 2014, 1:05 PM

Top News

Mike Isaac / New York Times:
MCX forbids participating retailers from accepting any competing mobile payment products, will issue “steep” fine if contract broken  —  Apple Pay Runs Afoul of MCX, a Group With a Rival Product  —  One week after its debut, Apple's new mobile wallet is showing promise with consumers.
Jay Yarow / Business Insider:
CurrentC alerts users of its pilot program that the email addresses of some were obtained by unauthorized third parties; app was not affected  —  Wal-Mart's Answer To Apple Pay Has Already Been Hacked  —  Here's a bad sign for CurrentC, the fledgling mobile payment system in development by a consortium of retailers.
Ellen Nakashima / Washington Post:
Unclassified White House network breached by hackers thought to be working for Russia, no system damage or evidence of classified network hack  —  Hackers breach some White House computers  —  Hackers thought to be working for the Russian government breached the unclassified White House computer networks …
Mary Jo Foley / ZDNet:
Microsoft aims to release Office 16 in second half of 2015; Mac preview and Android tablet versions expected “soon”  —  Microsoft's latest target release date for Office 16: Second half 2015  —  Summary: Microsoft is targeting the second half of calendar 2015 as its latest release target …
Facebook:
Facebook Reports Third Quarter 2014 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended September 30, 2014.  —  “This has been a good quarter with strong results,” said Mark Zuckerberg, Facebook founder and CEO.  “We continue to focus on serving …
Josh Constine / TechCrunch:
Phil Goldstein / FierceWireless:
Apple exec: Don't expect Apple SIM to show up in iPhones  —  HALF MOON BAY, Calif.—Apple (NASDAQ: AAPL) decided to put its Apple SIM card inside its new iPads because it didn't know which wireless carriers its customers would choose and because the company wanted to give its customers more choice, according to an Apple executive.
Reiji Murai / Reuters:
Nintendo on track for its first annual profit in 4 years on strong Mario Wii U sales, weak yen  —  Nintendo beats forecasts on Mario Wii U lift, on track for full-year profit  —  (Reuters) - Japanese video game maker Nintendo Co vaulted to an unexpected quarterly operating profit as new game …
Lauren Goode / Re/code:
Cycling-Centric Fitness App Strava Raises $18.5 Million in Venture Capital Funding  —  Strava, maker of a popular mobile app for cycling and other athletic endeavors, has raised $18.5 million in Series D funding and brought in a renowned venture capitalist as an advisor.
Sarah Perez / TechCrunch:
Former Google Wallet Head Launches Poynt, A “Future-Proofed” Payment Terminal  —  The former head of Google Wallet and longtime PayPal exec, Osama Bedier, is this morning revealing his new company Poynt, a “future-proofed” payment terminal that combines an Android-based tablet with a hardware docking station …
Mikey Campbell / AppleInsider:
Apple's Greg Joswiak blames iOS 8.0.1 issues on software distribution  —  In a rare interview on Tuesday, Apple VP of iPhone, iPod, and iOS Product marketing Greg “Joz” Joswiak mostly towed the company line, but did reveal that issues with last month's iOS 8.0.1 rollout were caused by software distribution issues.
Patrick Howell O'Neill / The Daily Dot:
Verizon's tech news site SugarString won't let writers report on US spying or net neutrality  —  Verizon is launching a tech news site that bans stories on U.S. spying  —  Verizon is getting into the news business.  What could go wrong?  —  The most-valuable, second-richest telecommunications company …
Kevin Fitchard / Gigaom:
Ruckus launches its first small business router: Could this be Google's new Wi-Fi hardware?  —  Ruckus Wireless will supply the gear for Google's planned business Wi-Fi service, Gigaom has learned.  The catch is Ruckus has never sold any small business products — not until today, that is.

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Alina Selyukh / Reuters: