Techmeme: LinkedIn opens some of its data to 11 research groups in Economic Graph Challenge, provides each with $25k grant (Kurt Wagner/Re/code)

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May 12, 2015, 9:10 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 …

More: Business Insider, Quartz, TIME, ABC News, Ink, Bits, & Pixels, VentureBeat, iMore, The Register, BBC, PCWorld, BGR, The Next Web, The Daily Dot, CNET, CNBC, CNNMoney, USA Today, FierceOnlineVideo News, PE Hub Blog, TechnoBuffalo, Mashable, WebProNews and Wired.co.uk

Tweets: @lukedecock, @jeffjarvis, @mims, @felixsalmon and @mccarthyryanj

See also Mediagazer

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 …

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:

Of nearly 50 self-driving vehicles tested on public roads in California since September, three Google cars and one Delphi car were involved in minor accidents — AP Exclusive: Self-driving cars getting dinged in California — 3 photos — LOS ANGELES (AP) — Four of the nearly 50 self-driving cars …

More: Slate, Inquirer, The Verge, Gizmodo, Telegraph, Ubergizmo, Associated Press, The Register, Slashdot, PC Magazine, SiliconBeat, Pocket-lint, Consumerist, SlashGear, Fusion, Tech News Today, WebProNews, International Business Times, Re/code and Washington Post. Tweets: @mikeisaac

Deborah Gage / Wall Street Journal:

Database company MarkLogic announces $102M round led by Wellington Management at a pre-money $1B valuation — Database Vendor MarkLogic Joins Billion-Dollar Club With New Funding … MarkLogic Corp. has joined the ranks of the world's most valuable private companies …

More: VentureBeat, Fortune, Data Center Knowledge, Beyond Search, Forbes, SiliconANGLE and Business Insider

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 …

More: Digital Trends, SlashGear, The Verge, Engadget, MediaNama, Wired.co.uk, Fone Arena, BetaNews, TechCrunch, ITProPortal, The Next Web, 9to5Mac and Mashable

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.

More: Warner Music Group, BGR, AppleInsider, Business Insider, SlashGear, TechCrunch, Ubergizmo, Patently Apple, MacRumors, 9to5Mac and RAIN News. See also Mediagazer

Brendan Klinkenberg / BuzzFeed:

Instagram says it erred in shutting down The Shade Room, a TMZ-style publication that had 700k followers — Instagram Says Shutting Down The Shade Room Was A Mistake — The social photo sharing service says it wrongly removed The Shade Room account, but refuses to elaborate.

Emily Guendelsberger / Philadelphia City Paper:

Reporter goes undercover as Uber driver, makes $9.34/hour, notes orientation video just 13 minutes — I was an undercover Uber driver — Two good-looking young strangers are having an amazing conversation in the backseat of my car. I'm eavesdropping so hard I nearly run a red light.

Tweets: @danieldenvir

Kurt Wagner / Re/code:

LinkedIn opens some of its data to 11 research groups in Economic Graph Challenge, provides each with $25k grant — LinkedIn Opens Its Data Set to Third-Party Researchers — LinkedIn sits on a lot of valuable data — where we work, what skills we have, where we went to school …

More: Official LinkedIn Blog

Alex Wilhelm / TechCrunch:

Rackspace Plunges 11% On Lackluster Q2 Guidance — After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company's guidance for its current quarter failed to match expectations …

More: SiliconANGLE, ZDNet, Tech Trader Daily, Fortune and The Register

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