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Techmeme
November 26, 2014, 11:40 AM
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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 …
Richard Nieva / CNET:
US expresses ‘concern’ over EU proposal to break up Google  —  The United States Mission to the European Union says antitrust issues should not be “politicized.”  —  The United States doesn't seem to like the European Parliament's proposed breakup of Google.
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 …
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
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.
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.
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 …
Julia Love / Mercury News:
Union pushes for better conditions for security guards on Apple campus  —  As organized labor expands its efforts in Silicon Valley, a local union and civil rights activist the Rev. Jesse Jackson are pushing for better working conditions for the security guards who work at Apple's campus.
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 …
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

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From Mediagazer

Hanaa' Tameez / Nieman Lab:
More than 800 unionized USA Today staffers call on the company to dissolve its recently announced partnership with Palantir, citing “significant ethical issues”

Rob Bonta / Deadline:
California AG Rob Bonta says AGs' antitrust case is on antitrust grounds, not politics, and Paramount is “spearheading” a PR campaign to spin a false narrative

Todd Spangler / Variety:
Trump Media reports a Q2 net loss of $238.1M, vs. a net loss of $20M a year ago, on revenue of $1.7M, mainly due to non-cash losses, including on digital assets

More News

Earlier Picks

Andrew Webster / The Verge:
Sony settles with FTC over misleading PlayStation Vita ads, to compensate customers who bought device before June 1, 2012
Ingrid Lunden / TechCrunch:
IDC: as overall tablet shipment growth shrinks from 52.5% in 2013 to just 7.2% in 2014, iPad shipments will see first ever YoY decline of 12.7% in 2014
Reiji Murai / Reuters:
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
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
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