Techmeme
June 26, 2015, 11:40 PM

Top News

Dominique Vidalon / Reuters:
Amid Paris protests, police seize Uber vehicles on sight, and the French Interior minister targets local managers in effort to shut down Uber nationwide  —  French government files legal complaint against UberPOP  —  French Interior Minister Bernard Cazeneuve said on Friday …
Matthew Lynley / TechCrunch:
Intuit lays off 399 people, about 5% of the company's staff  —  Intuit Lays Off 399 Employees In Company Realignment  —  Intuit has confirmed to TechCrunch that it has laid off 399 people, or just under 5 percent of the company's roughly 8,000 employees, in a re-alignment of the company.
More: Reuters and bizjournalsThanks:@mattlynley
Joe Rossignol / MacRumors:
AppleCare+ for mobile devices now covers batteries retaining less than 80% capacity, up from 50%  —  AppleCare+ for iPhone, iPad, iPod and Apple Watch Now Covers Batteries That Retain Less Than 80% of Original Capacity  —  Apple has updated the terms of its AppleCare+ Protection Plan for iPhone …
Alyson Shontell / Business Insider:
Twitter VP of Corporate Development and Strategy Rishi Garg is leaving the company  —  Twitter's VP of Corporate Development is leaving  —  Rishi Garg, Twitter's Vice President of Corporate Development, is leaving the company after joining in May 2014.  —  Even though he wasn't at Twitter …
Tom's Guide:
In 6 of 9 real-world tests and benchmarks, Samsung Galaxy S6 outperforms LG G4 and iPhone 6  —  The Samsung Galaxy S6 Is The World's Fastest Smartphone  —  A fast phone shouldn't just score well in benchmarks.  It should deliver swift, everyday performance, too, whether it's opening a large file …
Teresa Rivas / Tech Trader Daily:
EBay Board Approves PayPal Spinoff; Stock Distribution Set For July 17  —  Shares of eBay (EBAY) are up 0.3% in after hours trading just minutes after the company said that its board of directors approved the completion of the PayPal spinoff.  —  According to the press release …
Juli Clover / MacRumors:
Benchmarks show iPhone performance drops by about 40% when iOS 9's Low Power mode is activated  —  Benchmarks Show iPhone Performance Difference When iOS 9's Low Power Mode is Activated  —  With iOS 9, Apple introduced a Low Power mode, designed to extend battery life when an iPhone's power is running low.
Fred Wilson / AVC:
Fred Wilson is sick and tired of operating plans focused just on growth instead of reaching sustainable profitability  —  Profits vs Growth  —  One of the things I've always struggled with as an investor in high growth tech companies is the tension between getting profitable vs growing more quickly.
Therese Poletti / MarketWatch:
Security and home automation company Alarm.com shares rise 20% to $16.88 in debut on Nasdaq after raising $98M in IPO  —  Alarm.com rings up solid gains in debut  —  Alarm.com Holdings has all the buzz words of a potentially hot tech IPO: cloud, software as a service, smart home and Internet of Things …

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Todd Spangler / Variety: