May 6, 2015, 9:45 AM

Top News

Ryan Mac / Forbes:
A profile of Frank Wang Tao, founder of the world's biggest drone company DJI, who is worth $4.5B  —  Bow To Your Billionaire Drone Overlord: Frank Wang's Quest To Put DJI Robots Into The Sky  —  Frank Wang Tao has never been arrested.  He pays his taxes on time.  And he rarely drinks.
Douglas MacMillan / Wall Street Journal:
Zenefits raises $500M round led by Fidelity Management and TPG at a valuation of $4.5B  —  Zenefits Tagged With $4.5 Billion Valuation After Just Two Years  —  The latest software company valued at over $1 billion doesn't make a dime selling software.  —  Rather, San Francisco startup Zenefits …
New York Times:
Google Ventures' Bill Maris likens the $6M cash-out by founders of portfolio company Secret to a “bank heist” in interview  —  The Lessons Google Ventures Learned From Secret  —  For many in Silicon Valley, the rapid rise and precipitous fall of Secret, the prominent start …
Stuart Dredge / Guardian:
Facebook's Oculus Rift consumer virtual reality headset to ship Q1 2016, pre-orders to start later in 2015  —  Facebook's Oculus Rift virtual reality headset will ship in early 2016  —  After months of rumours that the first commercial model of VR headset would slip beyond 2015, company confirms the news
Frederic Lardinois / TechCrunch:
Google Launches Cloud Bigtable, A Very Fast NoSQL Database For The Enterprise  —  With Cloud Bigtable, Google is launching a new NoSQL database service today that, as the name implies, is powered by the company's Bigtable data storage system.  —  The added twist here is that the new service …
EU court rules Skype's name is too similar to Britain's Sky broadcasting, preventing Microsoft from registering trademark  —  Court says Skype's name is too similar to Sky's  —  The court said Skype's logo resembled a cloud  —  Video chat software Skype's name is so similar …
Antonio Regalado / MIT Technology Review:
Sources: Apple working with US researchers to offer DNA testing via ResearchKit  —  Apple Has Plans for Your DNA  —  The iPhone could become a new tool in genetic studies.  —  Of all the rumors ever to swirl around the world's most valuable company, this may be the first that could involve spitting in a plastic cup.
Bloomberg Business:
Microsoft evaluates possible bid for Salesforce though companies are not in talks  —  Microsoft Is Said to Evaluate Possible Bid for  —  Microsoft Corp. is evaluating a bid for Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.
Mark Gurman / 9to5Mac:
Sources: Apple to announce new Beats at WWDC on June 8 with consumer non-beta launch late June  —  Beats revamp still debuting at WWDC, global release late-June, iOS 9 details revealed  —  According to a report today from Billboard, Apple does not have the deals in place to launch …
Matt Townsend / Bloomberg Business:
Home Depot announces it will accept Apple Pay after equipment upgrade, making it the biggest retailer to do so with more than 2K stores  —  Home Depot to Become Largest Retailer to Accept Apple Pay  —  Home Depot Inc. plans to enable Apple Inc.'s mobile-payment platform at its more than 2,000 stores …
Ina Fried / Re/code:
App Annie buys app data provider Mobidia to combine app download and usage analytics in 60 countries  —  Data Vendor App Annie Buys Mobidia, Looking to Grow, Stay Independent  —  Mobile analytics company App Annie said Wednesday it is buying Vancouver-based app data provider Mobidia in a cash and stock deal.
EU's digital single market initiative doesn't take a strong stand on some essential issues, such as the need for a single telecom and digital regulator  —  EU digital single market: Death by compromise  —  The long-awaited, much-ballyhooed Digital Single Market strategy is set to be published …
Tom Warren / The Verge:
Microsoft's will be powered by Office 365, but the name will remain the same  —  Microsoft's will be powered by Office 365  —  Microsoft is planning to replace the technology and interface of with Office 365.  Sources familiar with Microsoft's plans tell …
Wall Street Journal:
Sources: SunGard Data Systems prepares for IPO, seeks to raise $750M, targets $7B market valuation  —  SunGard Prepares IPO, Aims to Raise Around $750 Million  —  Software developer also plans to consider a sale  —  SunGard Data Systems Inc. is preparing for an initial public offering nearly …
Chris Welch / The Verge:
Mophie's H2PRO, a $130 battery case for iPhone, protects in shallow water for up to 30 minutes  —  Mophie's latest iPhone battery case is also waterproof  —  Battery cases can prove to be a must-have for iPhone 6 owners, and the same goes for ruggedized cases that protect Apple's smartphone against the elements.
Sharon Begley / Reuters:
IBM's Watson to guide cancer therapies at 14 centers, analyzing tumors' genetic make-up with the findings of scientific papers and clinical trials  —  IBM's Watson to guide cancer therapies at 14 centers  —  (Reuters) - Fourteen U.S. and Canadian cancer institutes will use International …
Dawn Chmielewski / Re/code:
OpenTV files lawsuit against Apple alleging iTunes software violates five streaming patents  —  Interactive TV Pioneer OpenTV Sues Apple, Alleging Patent Infringement  —  Interactive television pioneer OpenTV has sued Apple, alleging that the Cupertino technology giant infringed on its patents.
Alissa J. Rubin / New York Times:
French parliament advances bill to give the government broad domestic surveillance powers with little judicial oversight  —  Lawmakers in France Move to Vastly Expand Surveillance  —  PARIS — The lower house of France's Parliament overwhelmingly approved a sweeping intelligence bill that …

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