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Techmeme
March 27, 2015, 10:10 AM
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Top News

Deepa Seetharaman / Wall Street Journal:
Facebook's solar-powered Internet drone, dubbed Aquila, with a wingspan of a Boeing 737 to begin testing this summer  —  Facebook, Moving Ahead with Drone, Plans Test This Summer  —  Facebook plans to test a version of its solar-powered drone this summer, a step in its efforts …
Larry Dignan / ZDNet:
BlackBerry reports surprise $28M Q4 profit, but revenue declines from $6.8B last year to $3.3B  —  BlackBerry turns Q4 profit, but revenue continues to crater  —  Summary:BlackBerry's turnaround remains a work in progress, but the company has more than enough capital to see it through.
Zac Hall / 9to5Mac:
Apple begins releasing the first set of third-party Watch apps from AliPay, Evernote, Expedia, Line, NYT, Target, WeChat, WSJ, more  —  Apple begins releasing the first set of third-party Apple Watch apps  —  The Apple Watch is still almost a month away from shipping and 15 days away …
Mark Gurman / 9to5Mac:
Apple Watch launch retail stock to be limited for many models, reservations favored
Josh Lowensohn / The Verge:
Olio smartwatch works with iPhone or Android, comes in silver or black, available for preorder from $595  —  The Olio smartwatch wants to save you from notification hell  —  Before I can even come back from grabbing him a glass of water, Steve Jacobs has basically turned our Verge West meeting room into a jewelry store.
Arik Hesseldahl / Re/code:
Salesforce cancels Indiana events to protest anti-gay law  —  Salesforce.com CEO Marc Benioff says he has canceled all his company's events in the state of Indiana after its governor signed into law a bill that makes it legal for individuals to use religious grounds as a defense when they are sued …
Jordan Crook / TechCrunch:
Sources: Magic Is Raising $12M From Sequoia At A $40M Valuation  —  Magic, an SMS-based on-demand delivery service that started as a YC company's weekend project, is raising $12 million in Series A funding led by Sequoia, according to sources.  Sources also say that the company …
Douglas MacMillan / Wall Street Journal:
Slack's next funding round of up to $160M will value company at $2.8B, to include new investors IVP, Horizons Ventures, Index Ventures, DST Global  —  Slack's Valuation More Than Doubles to $2.8 Billion in Five Months  —  The growing popularity of workplace collaboration tool Slack …
Rich Edmonds / Android Central:
LG Watch Urbane LTE will be available in South Korea March 27 for $590  —  LG Watch Urbane LTE to launch in South Korea on March 27  —  The LG Watch Urbane LTE is set to go on sale in South Korea on March 27.  Priced at 650,000 KRW ($590), the company will use its premium range of watches to compete directly with the Apple Watch.
Nate Hoffelder / Ink, Bits, & Pixels:
Instapaper 6.2 for iOS adds speed reading, ability to share text as an image via Twitter, more  —  Instapaper Adds Speed Reading Option to its iPad App  —  No one has enough time to read all of the articles they come across in a given day, but Instapaper has a solution.

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Tom Occhino / Facebook Code:
Facebook open sources React Native framework for building native apps for iOS with JavaScript, Android support coming soon

Earlier Picks

Josh Constine / TechCrunch:
Ex-Beats Music CEO David Hyman's music competition app Chosen launches as invite-only beta
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