Techmeme: Apple Pay brings significant increase in mobile payments to retailers like Whole Foods and McDonald's, increases awareness of Google Wallet and Softcard (New York Times)

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November 15, 2014, 1:15 PM

Top News

Facebook:

Facebook to start limiting the number of non-ad “promotional Page posts” in News Feed in January — News Feed FYI: Reducing Overly Promotional Page Posts in News Feed — One of the main reasons people come to Facebook is to see what's happening in their News Feeds.

Vindu Goel / New York Times:

Facebook reducing promotional posts from Pages in News Feed is just the latest blow to businesses — Facebook to Cut Unpaid Posts by Marketers on News Feeds — SAN FRANCISCO — Facebook's executives are not terribly worried about upsetting people these days.

Tweets: @vindugoel

Reuters:

Google Glass's future clouded as consumer launch slips to 2015, key employees depart, and many developers abandon projects on the platform — Google Glass future clouded as some early believers lose faith — (Reuters) - After two years of popping up at high-profile events sporting Google Glass …

More: Digital Trends, Gizmodo, TechCrunch, Android Central, The Register, Geeky Gadgets, Wall Street Journal, 9to5Google, ZDNet, Marketing Land, Glass Almanac, SiliconBeat, Inquirer and Seeking Alpha

Tweets: @amuse, @sg and @lexnfx

New York Times:

Apple Pay brings significant increase in mobile payments to retailers like Whole Foods and McDonald's, increases awareness of Google Wallet and Softcard — Apple Pay Gives Glimpse of Mainstream Appeal for Mobile Payments — For years, tech companies have dreamed of a future in which people ditch …

More: MacRumors, SlashGear, iPhone in Canada Blog, iDownloadBlog.com, iMore, 9to5Mac, AppleInsider and App Advice

Tweets: @mikeisaac and @bxchen

Joshua Brustein / Businessweek:

Behind Closed Doors, Ford, UPS, and Visa Push for Net Neutrality — The corporate battle lines over the new federal rules for the Internet have been well established. Vocal technology startups have been leading the charge for muscular regulations for broadband access …

More: Gizmodo, The Verge, BGR and Business Insider

Jonathan Shieber / TechCrunch:

Yik Yak local anonymous messaging app is close to raising roughly $75M in new financing — Yik Yak Is Close To Closing On Roughly $75 Million — Thank the kids in America for turning Yik Yak into the newest technology craze that's a parental nightmare and an anonymous messaging juggernaut.

TechCrunch:

Uber Integrates With Spotify To Let Passengers Become Backseat DJs — Uber is adding a new feature to its mobile app that could allow passengers to play DJ while they take a ride with one of its drivers. Thanks to an integration with Spotify, Uber will soon make music a central part of its ride-hailing service.

More: New York Times, Engadget, VatorNews, The Next Web, The Verge, Stereogum, SlashGear and Business Insider. Tweets: @megan. See also Mediagazer

Ingrid Lunden / TechCrunch:

After Spotify quietly announces it's removing App Finder, Soundrop says its group listening app will close too — Spotify Axes App Finder, Kills Soundrop And Its Listening Rooms — Music streaming service Spotify quietly announced in October that it would be removing the App Finder …

More: Show.co, Digital Music News, PC Magazine, Music Week, Engadget and hypebot

Brandon Bailey / Associated Press:

Microsoft surpasses Exxon as 2nd most valuable co. — SAN FRANCISCO (AP) — The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc. — Under new CEO Satya Nadella …

More: MarketWatch, Cult of Mac, Redmond, Bloomberg and GeekWire

Peter Kafka / Re/code:

Vevo CEO Rio Caraeff to leave at the end of the year, CFO will take over during CEO search — Vevo CEO Rio Caraeff Heads for the Door. (Memo) — Rio Caraeff, who has run the Vevo music video service since its creation in 2009, is leaving at the end of the year.

More: New York Post. See also Mediagazer

Re/code:

Bitcoin wallet company Coinbase raising $40M-60M at a valuation of about $400M, with most funds likely coming from new investor DFJ — Bitcoin Company Coinbase Raising New Investment at $400 Million Valuation — Coinbase, a company that lets people store and buy the digital currency bitcoin …

More: TechCrunch, CoinDesk, CryptoCoinsNews and VentureBeat. Thanks:@delrey

Zeljka Zorz / Help Net Security:

Mobile Pwn2Own 2014: Windows Phone's sandbox resists attack — The Mobile Pwn2Own 2014 hacking competition, held at the PacSec Applied Security Conference in Tokyo, Japan, was concluded on Thursday, and not one of the targeted phones has survived completely unscathed.

More: h30499.www3.hp.com, Ars Technica, SecurityWeek, 9to5Google, Windows Phone Central, ZDNet, WinBeta, Neowin, SlashGear, Ars Technica and WMPoweruser

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