Techmeme
June 12, 2015, 1:40 AM

Top News

Twitter Investor Relations:
Dick Costolo to step down as Twitter CEO, will remain on board; Jack Dorsey to become interim CEO effective July 1  —  Twitter Initiates CEO Transition  —  Dick Costolo to Step Down as CEO on July 1 and Continue on Board of Directors Co-Founder and Chairman Jack Dorsey to Become Interim CEO …
Yoree Koh / Wall Street Journal:
Read the emails that Dick Costolo and Jack Dorsey sent to Twitter staff announcing CEO change  —  Read Dick Costolo's Goodbye to Twitter and Jack Dorsey's Hello  —  Shortly after 1 p.m. in San Francisco on Thursday, Dick Costolo told his staff, and the world, that he would be stepping down at Twitter in a surprise announcement.
More: PCWorld and PandoDaily
Euan Rocha / Reuters:
Sources: BlackBerry considering Android for upcoming smartphone as it moves focus to software and device management  —  Exclusive: BlackBerry may put Android system on new device: sources  —  BlackBerry (BB.TO) is considering equipping an upcoming smartphone with Google Inc.'s (GOOGL.O) …
Josh Constine / TechCrunch:
Oculus unveils its consumer Rift VR headset  —  Oculus Unveils Consumer Rift Headset With Wireless Xbox One Controller  —  This is no developer kit.  Oculus today gave the world the first look at its consumer virtual reality headset.  It ships with a small, table-top camera on a stand …
Josh Constine / TechCrunch:
Jordan Novet / VentureBeat:
Twitter will increase DM character limit from 140 to 10,000 in July  —  Get ready to receive Twitter direct messages that are a lot longer.  —  Twitter announced today that DMs will no longer be capped at 140 characters.  Now they will be limited to 10,000 characters.
Aga Guzik / Skype Blogs:
Skype to retire modern Windows touch app on July 7, to retain single desktop app for keyboard, mouse, and touch  —  A More Efficient Skype Experience for Your PC  —  At Skype we want to help you do more together with the people you care about by delivering the best possible experiences to the devices you use.
Nivedita Bhattacharjee / Reuters:
iPhone maker Foxconn in talks to build first Apple plant in India  —  Foxconn Technology is in talks to manufacture Apple's iPhone in India, government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players.
Amy Schatz / Re/code:
FTC takes first action against a fraudulent Kickstarter campaign, after cancelled board game fails to refund backers  —  FTC Takes First Action Against a Fraudulent Kickstarter Campaign  —  It's not okay to raise thousands of dollars through Kickstarter and keep the money without producing anything …
Dan Primack / Fortune:
2015 could be the slowest year for VC-backed tech IPOs since financial crisis; only seven VC-backed tech companies have gone public this year  —  Something is rotting under Silicon Valley  —  I spent a good chunk of last week in Silicon Valley, speaking to venture capitalists who mostly wanted …

Sponsor Posts

Smartsheet:
Smartsheet recognized as a “pioneer in work management software” by 451 Research  —  In the innaugural 451 Firestarter awards, industry analyst firm 451 Research recognized the compnay for outstanding innovation in the category of work management.
Talla:
Listen: AI at Work, A look into the future of AI in the enterprise  —  Tune in to the AI at Work podcast for insight on how to effectively deploy AI in your organization from thought leaders at Spotify, HubSpot and many more
Zoho:
Give your social media content a boost with CustomQ scheduling and an all-new zShare  —  Last week, we announced a bunch of new features that we added to our product—All of them in line with our commitment …

Listen to Techmeme's Podcast:

Techmeme Ride Home: Tue. 11/20 - Worse Shape: Tech Stocks or Crypto? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 AM ET, June 12, 2015.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Jeff John Roberts / Fortune:

Earlier Picks