Techmeme
April 27, 2015, 5:50 AM

Top News

Jussi Rosendahl / Reuters:
Nokia says it currently has no plans to manufacture or sell consumer handsets  —  Nokia denies return to phone manufacturing  —  (Reuters) - Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones.  —  “Nokia notes recent news reports claiming …
Jon Russell / TechCrunch:
Xiaomi Boosts Its Business In India With Strategic Investment From Tata Sons Head  —  Xiaomi is making a push to be a local player in India.  Days after unveiling its first phone customized to the South Asia country (the impressive $205 Mi 4i), Xiaomi announced that it has taken investment from leading Indian businessman Ratan Tata.
Eva Dou / Wall Street Journal:
Xiaomi expects revenue from mobile services, such as games and a payments app, to more than triple this year to nearly $1B  —  Xiaomi Sees $1 Billion in Mobile Services Revenue This Year  —  Chinese company wants to make smartphone games and mobile finance an increasing part of its business
Tweets: @mims
Lizzie Plaugic / The Verge:
Jay Z takes to Twitter to defend Tidal, says it's “doing just fine”, declares “we are here for the long haul”, notes competitors are even richer  —  Jay Z defends Tidal in a Sunday afternoon tweetstorm  —  Jay Z officially relaunched his streaming service Tidal …
Jon Christian / Slate:
Ancestry.com's data export tool for shuttered social networking site MyFamily didn't save the discussions of former users, erasing family memories of avid users  —  Deleting the Family Tree  —  When Ancestry.com shuttered its social network for relatives, it erased 10 years' worth of my family's correspondence and memories.
Johana Bhuiyan / BuzzFeed:
How Uber customizes its approach for overseas: auto-rickshaws in India, Lamborghinis in Singapore, designated driver service in Colombia  —  This Is How Uber Hopes To Take Over The World  —  The ride-hail giant is expanding globally — and it's doing so by replicating the hyperlocal approach …
Jake Halpern / The Atlantic:
Behind Liberty Reserve, the digital currency shut down by US authorities for money laundering  —  Bank of the Underworld … In the fall of 2011, the U.S. Secret Service orchestrated a sting operation.  The target was a Vietnamese man named Hieu Minh Ngo.
New York Times:
AWS revenue confirms Amazon's cloud computing dominance as Microsoft and Google give chase  —  With Amazon Atop the Cloud, Big Tech Rivals Are Giving Chase  —  Amazon unveiled the financial performance of its powerful growth engine for the first time on Thursday, and the numbers sure looked pretty …
Drew Harwell / Washington Post:
Nike and Under Armour pour money into health tracking to develop connections with customers, recommend products based on exercise data, reach new markets  —  Why Nike and Under Armour are spending wildly to watch your every step  —  Runners leave the starting line of the Boston Marathon on Monday.

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