Techmeme
June 6, 2015, 4:23 AM

Top News

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 …
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 …
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 …
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.
Jason Del Rey / Re/code:
Pinterest's head of partnerships Joanne Bradford is leaving; Tim Kendall taking on some duties  —  Pinterest's Bradford Departs as Kendall Takes Over Media and Sales  —  Joanne Bradford*, the long-time media exec who Pinterest brought in to oversee advertising and media partnerships in 2013 …
Stephen Shankland / CNET:
Mozilla CTO and Firefox OS co-founder Andreas Gal is leaving to launch an Internet of Things startup  —  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.
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 …
Liz Gannes / Re/code:
Ellen Pao recently asked KPCB for $2.7M in order not to appeal, nearly 3X what she was offered as a settlement before the case went to 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 …

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