Techmeme
June 17, 2015, 11:25 PM

Top News

Satya Nadella / Microsoft:
Satya Nadella email to employees on aligning engineering to strategy  —  As we approach a new fiscal year, I'd like to share with you how we are aligning our structure to our strategy and the changes to our Senior Leadership Team.  —  Over the past year, I have said that Microsoft aspires …
Tom Warren / The Verge:
Microsoft's head of phones, Jo Harlow, has also left the company  —  Former Nokia executive Jo Harlow is leaving Microsoft.  Harlow moved to Microsoft alongside former Nokia CEO Stephen Elop when the company acquired Nokia's phone business.  Both are now leaving the software giant as part …
Alex Wilhelm / TechCrunch:
Microsoft announces executive shakeup and internal reorganization as Stephen Elop departs  —  Microsoft Shakes Up Its Leadership And Internal Structure As Its Fiscal Year Comes To A Close  —  This morning Microsoft announced changes to its organizational structure and leadership team.
New York Times:
California Labor Commission rules Uber driver should be classified as an employee, not an independent contractor  —  California Says Uber Driver Is Employee, Not a Contractor  —  In what could prove to be a precedent-setting ruling for the sharing economy, California's Labor Commission …
Nimrod Tamir / The Official Google Blog:
Google Trends now delivers real-time popular searches and trending stories; News Lab team will publish curated datasets to Github  —  A new window into our world with real-time trends  —  Every journey we take on the web is unique.  Yet looked at together, the questions and topics we search …
Nathan Ingraham / The Verge:
Nest's security camera Cam allows streaming 1080p video at 30 FPS to iOS 8, Android 4 devices, costs $200, allows saving footage with subscription service Aware  —  Nest's first security camera is called the Cam  —  It's been almost a year to the day since Nest purchased Dropcam for $555 million …
Darren Pauli / The Register:
Researchers: Major security flaws in iOS and OS X allow keychain, browser, and app password theft, reported to Apple in October 2014, no fix yet  —  Apple CORED: Boffins reveal password-killer 0-days for iOS and OS X  —  Keychains raided, sandboxes busted, passwords p0wned, but Apple silent for six months
Wall Street Journal:
Airbnb projects $900M+ revenue in 2015 as it readies to close $1B round valuing it at $24B  —  The Secret Math of Airbnb's $24 Billion Valuation  —  Home-rental site's revenue projected to triple this year to more than $900 million  —  As it raises $1 billion in new funding …
Sarah Perez / TechCrunch:
Twitter Acquires Machine Learning Startup Whetlab  —  Twitter announced today that it has acquired Cambridge-based machine learning startup Whetlab in an effort to accelerate the company's own in-house efforts on the matter.  Deal terms were not immediately available, but Twitter will gain …
Christopher Williams / Telegraph:
British Independent music labels balk at Apple's plans for free trial period, during which they would receive no royalties  —  Record labels attack Apple deals that would leave them ‘completely screwed’  —  Independents claim they could be forced out of business by free trial …
Rob Lewis / Techvibes:
Intel acquires Canadian smart eyewear and heads-up display maker Recon Instruments for $175M  —  Confirmed: Vancouver's Recon Instruments Acquired by Intel for $175 Million  —  Where there's smoke, there's fire.  —  Three weeks ago Techvibes reported that Intel was acquiring Vancouver's Recon Instruments.
Carlos Tejada / Wall Street Journal:
Qihoo Receives $10 Billion Buyout Offer From CEO  —  Bid for the Internet company is the latest in a trend of executives looking to take their Chinese firms private  —  BEIJING— Qihoo 360 Technology Co. received a management-buyout offer valuing the Chinese Internet company at about $10 billion …
Amy Schatz / Re/code:
FCC Fining AT&T $100 Million for Misleading Unlimited Data Plans  —  Federal Communications Commission officials announced plans Wednesday to fine AT&T $100 million for misleading subscribers about unlimited data plans.  —  It's the largest such fine the agency has ever proposed under rules …
Jon Russell / TechCrunch:
Line Takes Aims At The U.S. Market With An Emoji Keyboard App For iOS  —  Japanese mobile messaging app Line has turned to keyboard apps as it looks to grow its presence in the U.S. and other parts of the world outside of Asia.  —  The company, which counts 205 million monthly active users …
Douglas MacMillan / Wall Street Journal:
Former Netflix CFO Barry McCarthy named Spotify CFO, will step down from Spotify's board  —  Spotify Names Barry McCarthy Finance Chief  —  Former Netflix CFO joined Spotify's board last year  —  Music-streaming company Spotify Ltd., fresh off of raising more than $500 million in funding, has hired a new finance chief.
Jeffrey Burt / eWeek:
Cisco to Invest $10 Billion in China Over Next Few Years  —  Cisco Systems will invest $10 billion into projects in China over the next several years, the latest move by a tech company to expand their presence in the massive and potentially lucrative market.

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