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June 5, 2015, 8:10 PM
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Bloomberg Business:
Days before Apple plans to reveal its music streaming service, Apple is still negotiating with record labels, who are pushing for close to 60% of proceeds  —  Apple's Pushing to Complete Streaming Music Deal Before Event  —  Just days before Apple Inc. plans to reveal a music streaming service …
Nandita Bose / Reuters:
Survey: Fewer than 25% of top 100 US retailers accept Apple Pay, 66% won't accept it this year  —  Exclusive: In ‘year of Apple Pay’, many top retailers remain skeptical  —  In a January earnings call with investors, Apple Inc (AAPL.O) Chief Executive Tim Cook made a confident prediction …
Jonathan Watson / Skype Blogs:
Skype for Web (Beta) is now available to everyone in the US and UK  —  Hot on the heels of our recent post announcing improvements to Skype for Outlook , today we're pleased to share more good news for people that use Skype on their browser - Skype for Web (Beta) is now available for all new and existing users in the US and UK.
Financial Times:
Sources: Apple may reduce the 30% cut it takes from publishers on Newsstand and many video providers on Apple TV  —  Apple rewrites app store economics  —  Apple is planning a departure from the pricing formula that has defined the economics of digital media for a decade …
Liz Gannes / Re/code:
Sources: Ellen Pao recently sought $2.7M settlement in gender lawsuit, almost three times what KPCB offered before first trial  —  Why Did Ellen Pao File to Appeal?  Here's One Expensive Reason.  —  Less than a week after she said in a wide-ranging interview on the Code Conference stage …
Marco della Cava / USA Today:
Google to include accident data on a new website touting its driverless car program  —  Google to report driverless car accidents going forward  —  SAN FRANCISCO - Google will begin reporting incidents encountered by its driverless-car program on a dedicated website, the search company announced Friday.
Politico:
Google's European chief admits company mishandled its messaging in Europe, says Google remains open to settlement in anti-trust case  —  Google's European mea culpa  —  Google's European chief executive acknowledges that the company has mishandled its messaging in Europe and is offering an olive branch to the European Commission.
Joe Rossignol / MacRumors:
Apple Store no longer sells iPhones on AT&T with 2-year contracts; instead they're sold exclusively through the AT&T Next carrier financing program  —  Apple Store No Longer Sells iPhone With 2-Year Contract on AT&T  —  Apple overnight removed the option to purchase a new iPhone …
Josh Horwitz / Quartz:
IDC: Xiaomi was world's second largest seller of wearables in Q1 2015 thanks to Mi Band, behind only Fitbit  —  A $15 fitness tracker made by Xiaomi is the world's second most popular wearable  —  A report from IDC shows how Xiaomi has become the world's second largest seller of wearables, when measured by shipments.
Stephen Shankland / CNET:
Mozilla CTO and Firefox OS co-founder Andreas Gal is leaving for Gone Fishing, a startup building a Firefox OS rival  —  Firefox OS in flux as Mozilla loses technology chief to startup  —  Andreas Gal, co-founder of Mozilla's mobile OS project, joins others from the project in a startup to link new devices to the Net.
Sarah Perez / TechCrunch:
Tumblr Debuts Its Own GIF Search Engine  —  Tumblr this morning is rolling out a new feature designed to take advantage of the extensive collection of GIFs hosted on its service: a GIF search engine.  The news follows that of Facebook's decision to officially support the animated file format on users' Timelines, announced last week.

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From Mediagazer

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Lucas Manfredi / The Wrap:
WBD reports Q2 revenue down 11% YoY to $8.72B, below $9.21B est., net income down 91%, ad revenue down 22%, content revenue down 26%, streaming revenue up 10%

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