Techmeme
November 25, 2014, 10:40 PM

Top News

Amir Efrati / The Information:
With Google's deal expiring in 2015, Yahoo and Microsoft compete to take over as default search engine in Safari for iOS  —  All Eyes on Apple as Google Search Deal Expires Next Year  —  Mozilla's decision last week to replace Google with Yahoo as the default search engine for the Firefox browser …
Serena Saitto / Bloomberg:
Uber Said Close to Raising Funding at Up to $40B Value  —  Uber Technologies Inc. is close to raising a round of financing that would value the mobile car-booking company at $35 billion to $40 billion, according to people with knowledge of the situation.  —  T. Rowe Price Group Inc …
Peter Kafka / Re/code:
Netflix Sues a Former Exec — Now Yahoo's CIO — For Allegedly Collecting Kickbacks  —  Netflix says a former executive collected kickbacks from vendors he helped connect to the streaming video company.  —  Now Netflix is suing its former employee, who is currently Yahoo's chief information officer.
More: Gigaom, bizjournals and ForbesTweets: @jasonh
Aaron Smith / Pew Internet:
Pew: most US internet users familiar with common terms like megabyte, captcha, but few understand concepts like Moore's Law, Internet vs. Web  —  What Internet Users Know about Technology and the Web  —  Before you read the report, test your own Web IQ by taking the interactive knowledge quiz.
Reiji Murai / Reuters:
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors  —  (Reuters) - Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.
Jason Del Rey / Re/code:
Twitter Introduces Offers: Discounts You Claim in Tweets and Redeem in Stores  —  First, Twitter dipped its toes into e-commerce.  Now it wants a piece of bricks-and-mortar retail, too.  —  The social network today is introducing Twitter Offers, discounts that users can claim right …
Stuart Dredge / Guardian:
Spotify's 2013 revenues were €746.9M, 91% of revenue coming from subscriptions  —  Spotify revenues grew sharply in 2013, but operating losses also rose  —  Streaming music service's turnover up 74% to €746.9m, with 91% coming from its paying subscribers rather than ads
Department of Justice:
StealthGenie CEO ordered to pay $500K fine for selling spyware app, surrender source code to government  —  Man Pleads Guilty for Selling “StealthGenie” Spyware App and Ordered to Pay $500,000 Fine  —  A Danish citizen today pleaded guilty in the Eastern District of Virginia and was ordered …
Marco Arment / Marco.org:
Twitter declines to release full-archive search API to devs, wounds third-party clients again  —  New Twitter search API won't be available to third-party clients  —  This is just the next step in killing third-party apps.  Twitter doesn't have the guts to just end them outright …
Kristin Cwalinski / CNBC:
Twitter has talked to Bieber-backed Shots: Source  —  Twitter has talked about an acquisition of Shots, the selfie app backed by singer Justin Bieber, a source close to Shots told CNBC on Tuesday.  —  Twitter's acquisition plans became the subject of hot speculation on Monday …
Roberto Baldwin / The Next Web:
Facebook schedules second public Q&A with Mark Zuckerberg for Dec. 11 at 2pm PT  —  Facebook has scheduled another public Q&A with Mark Zuckerberg  —  Earlier this month Facebook CEO Mark Zuckerberg hosted a public Q&A. Attendees and those online could submit questions and the CEO …

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