Techmeme
June 9, 2015, 3:35 PM

Top News

Major Nelson / Xbox Wire:
Xbox One with 1TB storage costs $399, starts shipping to US retailers June 16; 500GB console price reduced to $349  —  New Xbox One 1TB Console Unveiled, Xbox One 500GB Console Reduced to $349  —  Next week, Xbox is kicking off the biggest games week of the year as we head to Los Angeles …
Josh Constine / TechCrunch:
The Strengths And Weaknesses Of Apple Music  —  Spotify killer?  Or Ping 2.0?  Apple today finally announced its move into on-demand music streaming with the unveiling of Apple Music.  Now the question is whether Apple Music will be a hit with the public, bringing legions of new users to streaming and stealing from competitors.
Ina Fried / Re/code:
Ben Popper / The Verge:
New York Times:
In China, Uber pays drivers bonuses of up to 3X the fare, to establish itself in the country  —  Uber Spends Heavily to Establish Itself in China  —  HONG KONG — Uber is spending money at a breakneck rate to crack the China market — even paying its drivers more than the fares they collect.
More: TIME, PYMNTS.com, bizjournals and AdweekTweets: @paulmozurThanks:@joshdickson40
Jordan Novet / VentureBeat:
AOL acquires and shuts down predictive-analytics startup Velos  —  AOL has acquired a predictive analytics startup called Velos for an undisclosed sum and has shut down the startup's service, which enabled companies to connect data sets, clean up data, and run predictive models.
Kim Zetter / Wired:
Hospira hospital drug pump vulnerability lets hacker remotely send fatal dose  —  Hacker Can Send Fatal Dose to Hospital Drug Pumps  —  When security researcher Billy Rios reported earlier this year that he'd found vulnerabilities in a popular drug infusion pump that would allow a hacker …
Associated Press:
HP to pay $100M to settle case tied to Autonomy deal  —  PALO ALTO — Hewlett-Packard's ill-fated acquisition of software maker Autonomy will cost another $100 million, as the personal computer and printer maker prepares to settle class-action litigation tied to the 2011 deal.
Ingrid Lunden / TechCrunch:
Brit+Co Confirms $20M Raise Led By Intel, Acquires How-To App Snapguide  —  Big news today for Brit + Co., the lifestyle media and e-commerce business aimed at people interested in crafty projects.  The startup has confirmed that it's raised $20 million in funding, and it has acquired user …
Mary Lennighan / Total Telecom:
UK competition authority fast tracks review of BT/EE merger, says deal would hurt competition  —  BT/EE merger fast-tracked by UK competition body  —  CMA rules that proposed tie-up poses real risk to competition in U.K. telecoms market.  —  The U.K. competition authority has elected …

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Earlier Picks

Cyrus Farivar / Ars Technica: