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Techmeme
May 12, 2015, 6:05 PM
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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 …
Kara Swisher / Re/code:
Sources: AOL in talks to spin off HuffPost, primarily with Axel Springer, at a valuation over $1B  —  AOL Has Been in Talks to Spin Off HuffPost as Part of Verizon Acquisition Deal  —  According to numerous sources, while it has been negotiating its deal to sell to Verizon …
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:
AOL stock up more than 18% on news that Verizon is acquiring the company for $4.4B
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 …
Asif S. / SamMobile:
Samsung's Gear SDK reveals design, UI, and specifications for Gear A, codenamed Orbis, with rotating bezel to help navigate software  —  Samsung's Gear SDK reveals Orbis design, UI, and specifications  —  Earlier today, Samsung released next-generation Gear smartwatch SDK to developers.
Ben Popper / The Verge:
Lily is a drone that autonomously follows you with the aid of a pocketable GPS device, on sale for $499, will retail next month at $899  —  To use this drone, just throw it in the air and start running  —  The consumer drone industry is increasingly positioning itself as a maker of flying cameras, not autonomous robots.
Emil Protalinski / VentureBeat:
BitTorrent's encrypted P2P chat app Bleep launches publicly for Android, iOS, Windows, and Mac with new whisper option that deletes messages after 25 seconds  —  BitTorrent's encrypted P2P chat app Bleep launches publicly for Android, iOS, Windows, and Mac  —  BitTorrent today launched its encrypted P2P chat app Bleep.
Alex Wilhelm / TechCrunch:
GoDaddy reports Q1 revenue of $376.3M, strong Q2 top-line projection, average revenue per user up 9.6% to $115  —  GoDaddy Slips 2.9% After Reporting Q1 Revenue of $376.3M, Strong Q2 Top-Line Projection  —  GoDaddy reported its first-quarter financial performance today …
Wall Street Journal:
U.S. Authorities Near End of AT&T-DirecTV Review, Unlikely to Block Deal  —  Regulators could still impose conditions on the deal, but don't appear to have serious concerns  —  The Justice Department and Federal Communications Commission have nearly wrapped up their reviews …
Ina Fried / Re/code:
MediaTek Tries 10-Core Chip in Latest Bid to Crack High-End Phone Market  —  Chip company MediaTek is hoping a 10-core processor will give it the boost it needs to break into higher tiers of the phone market.  —  With its new Helio X20 chip due at year's end, the company is arranging …
Chris Welch / The Verge:
Android One, Google's program to bring quality low-cost smartphones to developing markets, debuts in Europe with a decent $260 device available in Turkey  —  Android One launches in Europe with a decent and affordable smartphone  —  Today Google announced that it has officially expanded Android One to Turkey.
Sarah Buhr / TechCrunch:
Maker Faire Goes Online With A New Social Network For Makers Called MakerSpace  —  There's Maker Media, MakerCon, MakerShed, Make: magazine and 131 Maker Faire events that take place throughout the world.  Now the founders of all these Makers want a way to connect what they refer to as the “maker movement” online.
More: Engadget

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From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

More News

Jacob Kastrenakes / The Verge:
Verizon and Sprint to pay $158 million for cramming charges on customers' bills

Earlier Picks

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