Techmeme
November 26, 2014, 12:45 PM

Top News

Bloomberg:
Sony is developing an e-paper smart watch, entire face and band will function as a display  —  Sony Said to Plan E-Paper Watch in Test of Innovation  —  Sony Corp. (6758) is developing a watch made out of electronic paper for release as soon as next year in a trial of the company's …
Ina Fried / Re/code:
In Another Fire Sale, Amazon Cuts Phone Price to $199 Unlocked, Still With a Free Year of Prime  —  It's no secret that Amazon has a lot of unsold Fire Phones, but the question has been how the retailer would look to sell its inventory.  —  Screenshot by Re/code
Serena Saitto / Bloomberg:
Uber Said to Be Raising Funds at $40 Billion Valuation  —  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 …
Ingrid Lunden / TechCrunch:
Tumblr Overtakes Instagram As Fastest-Growing Social Platform, Snapchat Is The Fastest-Growing App  —  With 1.35 billion active monthly users, Facebook continues to be the world's largest social network by some margin, but when it comes to picking up new users, it appears to have reached a saturation point.
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.
Jack Nicas / Wall Street Journal:
GoPro to sell multi-rotor drones with high definition cameras late next year at $500-$1000  —  GoPro Developing Line of Consumer Drones  —  Company Plans To Start Selling Multi-Rotor Helicopters With High-Def Cameras Late Next Year  —  GoPro Inc. is developing its own line of consumer drones …
William Alden / New York Times:
Almost half of Airbnb's $1.45M of 2010 revenue in New York was from 119 users with over 3 listings, who may have violated the law  —  The Business Tycoons of Airbnb  —  Two years ago, when the monthly rent on his two-bedroom apartment rose to $5,000 from $2,800, a 35-year-old real estate agent in Lower Manhattan had a quick fix.
More: Re/code
Kristin Cwalinski / CNBC:
Twitter has talked to Bieber-backed Shots: Source  —  What's Twitter's target now?  —  The Fast Money traders discuss Twitter's potential acquisition of “Shots,” the Justin Bieber backed selfie app run by John Shahidi.  —  Twitter has held talks with Shots, the selfie app backed by singer Justin Bieber …

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Earlier Picks

Andrew Webster / The Verge:
Ingrid Lunden / TechCrunch:
Reiji Murai / Reuters: