Techmeme
December 12, 2014, 2:35 PM

Top News

Cromwell Schubarth / Silicon Valley Business Journal:
New Relic shares jump more than 45% over IPO price of $23 in public trading debut  —  New Relic IPO raises $115M, stock jumps in debut  —  New Relic raised $115 million and its stock jumped as the market for new public companies from the Bay Area took an upturn this week.
TechCrunch:
China's Baidu Set To Partner With Uber And Reportedly Invest Up To $600M  —  Uber may have just raised a fresh $1.2 billion this month, but the company looks set to welcome a new investor, Chinese internet giant Baidu, which is reportedly set to invest as much as $600 million into the U.S. firm.
Chris Mills / Gizmodo:
YouTube is experimenting with a built-in GIF maker tool for videos  —  YouTube Now Lets You Make GIFs From Videos  —  Making short GIFs of YouTube videos is a pretty well-established practice now — so much so that there's dozens of websites dedicated to this finest of art forms.
Jason Del Rey / Re/code:
Apple online retail stores in US and UK now accepting PayPal  —  Apple's Online Store Starts Accepting PayPal  —  Apple.com shoppers in the U.S. and the U.K. have a new way to pay for the latest iPhone or iPad: PayPal.  Previously available as a payment option only in Apple's app and content stores …
Cyrus Farivar / Ars Technica:
Canada's Supreme Court rules warrantless searches of cell phones by law enforcement permitted upon arrest  —  Supreme Court of Canada: Cops can search your phone upon arrest  —  The Supreme Court of Canada has ruled in a 4-3 decision that law enforcement can search someone's phone when they get arrested …
Erin Griffith / Fortune:
Twitter co-founder Evan Williams says he doesn't “give a s**t” about Instagram's greater MAUs, stresses Twitter's impact on world  —  Twitter co-founder Evan Williams: 'I don't give a s**t' if Instagram has more users  —  Yesterday, Instagram announced it has 300 million monthly active users.
Jordan Crook / TechCrunch:
Google Announces The Top Apps, Movies, Music Of 2014  —  Google has just released its ‘best stuff of the year’ on Google Play for 2014, and in terms of most downloaded content, it's not all that different from Apple's list.  —  Frozen, The Walking Dead, and Fancy by Iggy Azalea all placed …
Jordan Kahn / 9to5Google:
T-Mobile is first to offer LTE Nexus 9 in the US, $600 or $0 down, coming soon to Google Play  —  T-Mobile announced today that it's now selling Google's latest HTC-made Nexus 9 tablet for $0 down or $600.  As noted by T-Mobile, this will be the first place you can officially get the LTE version of the Nexus 9 through a US carrier.
Todd Bishop / GeekWire:
Xbox One sells 1.2M units in U.S. in November, topping PS4 and Wii U in early holiday battle  —  Microsoft's Xbox One posted overall record unit sales in November, with 1.2 million units sold in the U.S. — reaping the benefits of a $50 price cut to top the PlayStation 4 and Wii U …
Phil Goldstein / FierceWireless:
Vodafone to launch U.S. service in late 2015 as a T-Mobile MVNO  —  Vodafone can't seem to get enough of the U.S. market—the company is going to dive back into the market next year by becoming an MVNO of T-Mobile US (NYSE:TMUS).  —  Vodafone Group's Vodafone Americas unit said that service …
Jacob Kastrenakes / The Verge:
FCC approves over $1B in funds to provide high-speed internet to schools and libraries, focusing on rural development  —  FCC approves huge funding boost to bring high-speed internet to schools and libraries  —  The Federal Communications Commission has approved a major spending increase that'll allow …
Harrison Weber / VentureBeat:
Adobe acquires stock photo giant Fotolia for $800 million in cash  —  Buried within its fourth quarter earnings report, creative technologies company Adobe today revealed it plans to acquire Fotolia, a stock photo site which hosts 34 million images and videos.

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