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June 10, 2015, 10:55 AM
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Top News

Douglas MacMillan / Wall Street Journal:
Spotify raises $526M from wide range of global investors, source says at a $8.53B valuation  —  Spotify Raises $526 Million Amid Battle With Apple  —  Spotify has closed a massive new round of funding from a wide range of global investors who are betting it can fend off a new threat from Apple.
Spotify Blog:
Spotify hits 20M paid subscribers, 75M total active users, has paid $3B in artist royalties  —  20 Million Reasons to Say Thanks  —  What a difference a year makes!  At the end of May 2014, we reached 10 million paying subscribers and 40 million active users.
New York Times:
Attorneys general in NY and Conn. investigating whether Apple, music labels violated antitrust laws in talking about competing freemium services like Spotify  —  2 States Look for Collusion Between Apple Music and Major Labels  —  While Apple was preparing a splashy introduction for a new service …
Dana Wollman / Engadget:
Microsoft's giant Surface Hub display ships in September; 4K 84-inch priced at $19K, 1080p 55-inch at $7K  —  Microsoft's Surface Hub pen display costs from $6,999 to $19,999  —  You'd be forgiven if you forgot what the Surface Hub is.  After all, Microsoft announced it the same …
Stuart Dredge / Guardian:
Apple vehicles on UK and Irish streets to ‘improve Apple Maps’ service  —  Technology giant promises to blur faces and car licence plates if they are captured, as it continues work on Street View-style service  —  Apple is taking a leaf out of Google's book by putting a fleet of vehicles …
Josh Constine / TechCrunch:
Messenger hits 1B downloads on Google Play, makes Facebook the second company after Google to reach that milestone  —  Facebook Messenger On Android Hits 1...Billion...Downloads  —  Only two companies have apps with over 1 billion Google Play downloads, and the other is Google.
Sam Biddle / Gawker:
FBI: Almost 600 iCloud accounts were breached by Celebgate hackers last year; agency raided two addresses in Chicago in connection to the hack  —  Feds Seized Chicago Man's Computers in Celeb Nude Leak Investigation  —  Last summer, stolen photos of dozens of famous women flooded the internet …
Matthew Lynley / TechCrunch:
Stripe Now Has An iPhone App For Monitoring Payment Activity  —  Stripe, a service that companies can use to accept payments, has a new way for businesses to track purchases and user activity — an iPhone app.  —  The new iPhone app does basically everything its existing online dashboard does …
Tweets: @mattmischuk
Jennifer Saba / Reuters:
Exclusive: Facebook earns 51 percent of ad revenue overseas - executives  —  Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
Charlie Warzel / BuzzFeed:
Apple's failure to develop exciting apps and services that users prefer over third party efforts may threaten its ecosystem  —  Apple's Junk Drawer Problem  —  A sampling of BuzzFeed Tech's Apple junk drawers.  —  Michelle Rial/BuzzFeed  —  There's a folder on the homescreen of my iPhone affectionately labeled “Apple Crap.”
More: Medium and The Verge.  Tweets: @samkirkland
Juro Osawa / Wall Street Journal:
Tencent tries to convert audience of its free QQ Music streaming service to Green Diamond, a paid membership with better sound and exclusive concerts  —  Tencent Customers Come for the Music, Stay for the Perks  —  Internet giant tries to pull off something few have achieved in China: get people to pay for digital music
Sarah Buhr / TechCrunch:
Payroll Giant ADP Cuts Off Small Business Clients' Access To Zenefits  —  HR startup Zenefits and 50-year-old corporate payroll incumbent ADP are pulling no punches in a battle over the use of third-party data.  —  The dispute seems to have started around June 4th when ADP cut off Zenefits …
Dylan Tweney / VentureBeat:
Changes at VentureBeat: Dylan Tweney from editor-in-chief to editor-at-large, Harrison Weber to executive editor, Jennifer Tsao to managing editor  —  It's time for new adventures  —  Four years ago, Matt Marshall and Alicia Saribalis hired me to lead VentureBeat's news team, which at that time comprised about five people.

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From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Axios:
Sources: during the bidding process, Paramount promised WBD that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights

More News

Adi Robertson / The Verge:
Leaked Oculus mockups of consumer Rift on its event countdown page dismissed as “ancient” by co-founder Palmer Luckey

Earlier Picks

Andy Greenberg / Wired:
DoJ issued a grand jury subpoena to identify commenters on a Silk Road post at Reason.com, alleging threats were made against federal judge
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