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Techmeme
June 30, 2015, 9:40 AM
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Top News

Wall Street Journal:
AOL to take over Microsoft ad sales for display, mobile, and video in US and 8 other markets; Bing to replace Google on AOL for search and search advertising  —  AOL Takes Over Majority of Microsoft's Ad Business, Swaps Google Search For Bing  —  Microsoft Corp. is stepping back from the advertising business in a big way.
Danny Sullivan / Marketing Land:
Microsoft exec says Bing is a multibillion dollar business that pays for itself  —  Search Beats Display: Microsoft Says Bing Is Sustainable & Standalone Multibillion Dollar Business  —  A rare reveal as Microsoft exit the display ads business highlights what a powerhouse Bing search apparently is.
Bloomberg Business:
Term sheet for Uber's convertible bond sale reveals the company saw 300% YoY growth and generated $470M in operating losses on $415M in revenue  —  Uber Bonds Term Sheet Reveals $470 Million in Operating Losses  —  Uber Technologies Inc. is telling prospective investors that it generates $470 million …
Natasha Lomas / TechCrunch:
Amazon Takes Prime Now Outside U.S., Opens One-Hour Delivery In London  —  Amazon has expanded its one-hour delivery service for Prime members to parts of central London.  An update to the Prime Now app notes the services is now “available in selected London postcodes”.
Glyn Moody / Ars Technica UK:
EU plans to destroy net neutrality by allowing Internet fast lanes  —  Potentially a big defeat for EU internet users, online startups and future innovation.  —  A two-tier Internet will be created in Europe as the result of a late-night “compromise” between the European Commission, European Parliament and the EU Council.
Klint Finley / Wired:
GitHub has become the go-to centralized repository for software, but its freemium model, like SourceForge's, is bound to come under pressure  —  The Problem With Putting All the World's Code in GitHub  —  The ancient Library of Alexandria may have been the largest collection of human knowledge in its time …
More: Liveblog
Thomas Fox-Brewster / Forbes:
Inside China's thriving iPhone jailbreaking market  —  Of Ma And Malware: Inside China's iPhone Jailbreaking Industrial Complex  —  In late March a handful of the western world's best-known iPhone hackers were flown business class to Beijing.  They were put up in the five-star Park Hyatt …
Sarah Perez / TechCrunch:
Shazam Takes On Apple Music Connect With New Social Features Aimed At Musicians And Their Fans  —  Music discovery platform Shazam is today rolling out a new feature in partnership with over two dozen artists that will allow Shazam users to see which songs their favorite musicians are listening to on the service.
Alex Wilhelm / TechCrunch:
Uber Acquires Part Of Bing's Mapping Assets, Will Absorb Around 100 Microsoft Employees  —  Uber will acquire assets from Microsoft Bing, including roughly 100 employees focused on the product's image collection activities.  In short, Uber is absorbing data-collection engineers from Microsoft to bolster its own mapping work.

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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.

From Mediagazer

Todd Spangler / Variety:
Memo: Skydance offers certain employees a voluntary buyout in a “one-time offer” and moves to a mandatory five-days-per-week in-office policy

Craig Whitlock / Washington Post:
Bob Woodward reveals in his upcoming memoir, Secrets, the identities of many confidential sources who provided classified info throughout his 55-year career

Ben Smith / Semafor:
Sources: after an NYT report questioned abuse recollections in Amy Griffin's memoir, the billionaire said she would target reporter Katherine Rosman's son

More News

Matt Brian / Engadget:
UK's Barclaycard launches new wristband, key fob, and sticker for its bPay contactless payment service, confirms it won't support Apple Pay at launch
Se Young Lee / Reuters:
Samsung says it sold 1M Z1 Tizen phones, will launch several more in 2015 according to source

Earlier Picks

Jad Mouawad / New York Times:
Federal Railroad Administration partners with Google to include railroad crossings in Maps, asks other map makers to do the same
Dante D'Orazio / The Verge:
Supreme Court declines to hear Oracle v. Google case over software copyright
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