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January 23, 2015, 12:30 PM
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Top News

Alex Wilhelm / TechCrunch:
Box opens at over $20 per share, 44% above IPO price, giving it a valuation of around $2.5B  —  Box Skyrockets 50% To More Than $21 Per Share In First Minutes As A Public Company  —  Bam.  —  Today Box opened at around $20.50, far above its $14 IPO price, giving the company a valuation of around $2.5 billion.
New York Times:
Winklevoss Twins Aim to Take Bitcoin Mainstream With a Regulated Exchange  —  Bitcoin, the virtual currency that was once the talk of the financial world, has been taking a beating over the last year with the price tumbling downward.  —  Now two of the biggest boosters of the virtual currency …
Mark Gurman / 9to5Mac:
Apple targets Watch battery life of 2.5 hours heavy use and 3.5 hours standard use; pure standby battery life likely to be 2-3 days; CPU said to be A5-caliber  —  Apple targets for Apple Watch battery life revealed, A5-caliber CPU inside  —  Although Apple has said that the Apple Watch …
Fortune:
Cover story on the rise of unicorns: 80+ private companies achieve valuations of at least $1B  —  The Age of Unicorns  —  Stewart Butterfield had one objective when he set out to raise money for his startup last fall: a billion dollars or nothing.  If he couldn't reach a $1 billion valuation for Slack …
Andy Greenberg / Wired:
Ulbricht Confessed to Running Silk Road, His College Friend Testifies  —  In this courtroom sketch, defendant Ross Ulbricht listens to proceedings from the defense table during opening arguments in his criminal trial in New York, Tuesday, Jan. 13, 2015.  Elizabeth Wlliams/AP
Roger Cheng / CNET:
Verizon: Don't expect us to offer a data rollover plan  —  Verizon CFO Fran Shammo says the carrier won't be following AT&T and T-Mobile's lead.  —  Don't hold your breath for Verizon Wireless to counter AT&T and T-Mobile with a data rollover program.  —  That's according to Verizon Chief …
Jordan Kahn / 9to5Mac:
Apple HomeKit incompatible with home automation accessories not licensed as MFi products that connect over WiFi, like Nest Thermostat  —  Apple details HomeKit compatibility with competing home automation platforms, rules out rival Wi-Fi gear  —  Apple will allow its upcoming Siri-controlled …
Todd Bishop / GeekWire:
Bill and Melinda Gates annual letter: How the smartphone will lift up the world  —  Fifteen years after starting their foundation, Bill and Melinda Gates released their 2015 annual letter overnight, laying out their goals for the next 15 years and explaining their “big bet” — that …
Marco della Cava / USA Today:
Ford opens new Silicon Valley research lab to attract tech talent, work on autonomous cars  —  Ford's new Silicon Valley outpost seeks tech talent  —  PALO ALTO, Calif. — The earth-toned office building looks like any other here in Silicon Valley, an airy low-rise designed …
Reuters:
Obama quietly abandoned proposal to put phone metadata collected by NSA under non-governmental control  —  Obama abandons telephone data spying reform proposal: U.S. officials  —  (Reuters) - President Barack Obama's administration has quietly abandoned a proposal it had been considering …
More: Techdirt
Ingrid Lunden / TechCrunch:
Hutchison Says It's In Exclusive Negotiations To Buy UK's O2 For Up To £10.25B  —  Today, Hong Kong-based Hutchison Whampoa released a statement saying that it is in exclusive negotiations with Telefonica to acquire mobile carrier O2 in the UK, offering to pay up to £10.25 billion ($15.3 billion, €13.5 billion ).

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:30 PM ET, January 23, 2015.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Natalie Korach / @nataliekorach:
Memo: HuffPost EIC informs staff that ~15 editorial jobs will be cut, the first layoffs under new owner Byron Allen, and executive editor Kate Palmer is leaving

Brian Stelter / CNN:
Filing: Paramount and state AGs agree to freeze the WBD merger until an antitrust trial occurs or until June 2027; a preliminary injunction hearing is canceled

Associated Press:
The DOJ withdraws subpoenas that would have forced three NYT reporters to testify about sources, after a federal judge criticized the DOJ for sloppy legal work

More News

Leon Spencer / ZDNet:
Uber relaunches in Delhi with radio taxi licence
Tim Higgins / Bloomberg:
Tim Cook's compensation doubled to $9.22M in 2014; retail executive Angela Ahrendts received $73.4M
Martin Beck / Marketing Land:
Twitter launches Bing translation of tweets on iOS, Android, and web

Earlier Picks

Sean O'Kane / The Verge:
Spotify updates iOS app with Touch Preview, a quick way to sample and discover music using gestures
Shara Tibken / CNET:
Surface devices running Windows RT will not be updated with a full version of Windows 10
Russell Brandom / The Verge:
Journalist and Anonymous advocate Barrett Brown sentenced to 63 months in prison on charges stemming from Stratfor hack
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