Techmeme
December 4, 2014, 5:15 PM

Top News

Uber Blog:
Uber raises $1.2B, looks to invest in the Asia Pacific region; acknowledges shortcomings in company's culture  —  The Ride Ahead  —  2014 has been a year of tremendous growth for Uber.  It was just a year ago that Uber was operating in 60 cities and 21 countries - today we are in over 250 cities in 50 countries.
Liz Gannes / Re/code:
Uber confirms $40B valuation; $1.2B round of funding could swell to $1.8B  —  Uber Announces $1.2 Billion Raise, Confirms $40 Billion Valuation  —  Quick on the heels of a filing this morning, Uber announced it has raised $1.2 billion in a new round of funding.
Ryan Gallagher / The Intercept:
Operation AURORAGOLD: How the NSA hacks cellphone networks worldwide and spies on the GSM Association, which includes Verizon, AT&T, Sprint, Facebook, others  —  How the NSA Hacks Cellphone Networks Worldwide  —  In March 2011, two weeks before the Western intervention in Libya …
Lev Grossman / TIME:
Inside Mark Zuckerberg's plan to wire the world and put every single human being online  —  Exclusive: Inside Facebook's Plan to Wire the World  —  Chandauli is a tiny town in rural India about a four-hour drive southwest of New Delhi.  India's a big country, and there are several Chandaulis.
Sherrel Wheeler Stewart / Reuters:
Tim Cook agrees to lend his name to Alabama LGBT anti-discrimination bill after initial resistance from Apple  —  Alabama anti-discrimination bill to be named after Apple's Tim Cook  —  (Reuters) - An anti-discrimination bill championed by Alabama's only openly gay lawmaker will bear …
Jason Del Rey / Re/code:
Amazon Unveils Its Own Diapers and Baby Wipes Called Amazon Elements  —  For years, Amazon naysayers have warned that the e-commerce giant's ambition would drive it to compete ever more directly with the merchants who sell goods on Amazon's popular online marketplace.
Tom Warren / The Verge:
Microsoft sells its 17.6% stake in Nook back to Barnes & Noble for $62M and 2.7M shares  —  Microsoft sells its stake in Nook back to Barnes & Noble  —  Microsoft and Barnes & Noble unveiled a “strategic partnership” back in April 2012 which involved the software maker investing $300 million …
Aruna Viswanatha / Reuters:
US Justice Department creating new unit to work with the private sector to prevent online crime and advise on electronic surveillance in cyber investigations  —  New U.S. cybersecurity prosecutor unit to focus on prevention  —  (Reuters) - The U.S. Justice Department is creating a unit within …
Jeff Elder / Wall Street Journal:
Lawyers say Apple deleted music from rival services on users' iPods between 2007-2009  —  Apple Deleted Rivals' Songs from Users' iPods  —  Apple deleted music that some iPod owners had downloaded from competing music services from 2007 to 2009 without telling users, attorneys …
Nathan Ingraham / The Verge:
Google's Inbox team promises cross-browser support, unified inbox, and more in Reddit AMA  —  Google's Inbox team promises cross-browser support and a host of other features soon  —  Google's new Inbox interface for its longstanding Gmail service is an intriguing, futuristic …
Sarah Frier / Bloomberg:
Lyft promotes Brian Roberts to CFO and names Trulia's Kira Wampler as head of marketing  —  Lyft Names New Finance, Marketing Executives  —  Lyft Inc. named a new chief marketing officer and chief financial officer, filling out its executive ranks as it competes in the car-booking market with Uber Technologies Inc.
More: VentureBeat and Lyft BlogTweets: @sarahfrier and @caseynewton
Emil Protalinski / VentureBeat:
Google+ now lets you pin posts on profiles and pages  —  Google today added a new feature to Google+: pinned posts.  You can now choose to pin one of your posts to the top of your profile or page.  —  As you'd expect, a pinned post is shown above all your other posts when someone visits your profile or page.
Zoran Basich / Wall Street Journal:
Early Oculus Backer Formation 8 Raises $500 Million to Connect Dots Between Asia, U.S.  —  Formation 8 has closed its second fund at $500 million, a quick turnaround for a young venture firm whose successful early bet on virtual-reality company Oculus VR Inc. created plenty of demand from institutional investors.
Ron Miller / TechCrunch:
Cybersecurity firm ThreatStream raises a $22M Series B round led by General Catalyst Partners  —  ThreatStream Grabs $22M To Help Fight Cybersecurity Threats  —  ThreatStream, a cybersecurity firm based in Redwood City, CA, announced $22M in Series B funding today to continue their efforts …

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