December 4, 2014, 2:10 PM

Top News

Travis Kalanick / 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 …
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 …
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 …
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 …
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.
Ingrid Lunden / TechCrunch:
Kantar: Apple On Track For ‘Record Quarter’ As iPhone 6 Sales Bump Up Its Market Share Vs. Android  —  Apple has been seeing its smartphone market share erode over the last several years as its simple-and-small line up of iPhones competed against model after model of low-priced, big-screened, fancy-featured Android-based handsets.
Marcus Wohlsen / Wired:
Starbucks launches Mobile Order & Pay in Portland, will roll out program nationwide in 2015  —  Starbucks Schools Silicon Valley (Again) With Launch of iPhone Ordering  —  Starting on Wednesday, if you open up the Starbucks iPhone app in Portland, Oregon, you'll see a new tab that reads “order.”
Lizette Chapman / Wall Street Journal:
Xfund Closes $100 Million Second Fund, Targets Student Entrepreneurs … Entrepreneurs on college campuses got another boost Thursday with Boston-area Xfund closing a $100 million fund to bankroll new ideas and support startups it's backed so far.  —  The move comes just two months …
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 …
Goldie Blumenstyk / New York Times:
Colleges increasingly mining attendance records and other data to predict students at risk of dropping out  —  Blowing Off Class?  We Know  —  THE stuff some colleges know right now about their students, thanks to data-mining of their digital footprints, boggles the mind.  It may even seem a bit creepy.

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