Techmeme
May 12, 2015, 11:30 AM

Top News

Verizon:
Verizon to acquire AOL at $50 per share at an estimated total value of $4.4B, Tim Armstrong to continue leading AOL operations  —  Verizon to Acquire AOL  —  Deal Creates Unique and Scaled Digital Media Platforms for Consumers, Advertisers and Partners  —  NEW YORK - Taking another significant step …
Ingrid Lunden / TechCrunch:
Internal memo from AOL CEO Tim Armstrong on Verizon takeover  —  In Big Content Push, Verizon Buys AOL For $4.4B [Internal Memo From AOL CEO Tim Armstrong]  —  So this just happened.  AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying …
Fred Imbert / CNBC:
Verizon to buy AOL for $4.4 billion, AOL stock up more than 17% in pre-market trading  —  Verizon to buy AOL for $4.4 billion  —  Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion.  —  The transaction will take the form of a tender offer followed …
Lorenzo Franceschi-Bicchierai / Motherboard:
Google Confirms Cops Can Wiretap Your Hangouts  —  In the wake of all the Edward Snowden revelations, a seemingly endless series of encryption apps, all promising some degree “NSA-proof” security, have come out trying to take advantage of this new anti-surveillance business opportunity.
Periscope / Medium:
Periscope update adds an option to sign up without a Twitter account using your phone number  —  Six Weeks In  —  The past six weeks have been unforgettable.  Thank you for your global perspective, for your thoughtful feedback, and inspiring ideas.  We've shipped three updates since our last blog post …
Peter Kafka / Re/code:
Warner Music Says Streaming Revenue Has Passed Downloads  —  Here's another sign that the music industry has shifted from selling songs to selling subscriptions: Warner Music Group says that last quarter, streaming music revenue passed revenue from selling downloads.
Stephanie Sawler / Skype Blogs:
Skype Translator Preview now available to all, no sign-up required  —  Skype Translator Preview Access Just Got Easier!  —  Skype's mission is to bring people together from all over the world, and with Skype Translator we are breaking down language barriers that have historically …
Chris Urmson / Backchannel:
Google's self-driving car head says after 1.7M miles, just 11 minor accidents have resulted, none Google's fault  —  The View from the Front Seat of the Google Self-Driving Car  —  After 1.7 million miles we've learned a lot—not just about our system but how humans drive, too.
Justin Pritchard / Associated Press:

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Earlier Picks

The White House:
Sarah Perez / TechCrunch: