Techmeme: Scribd found that paying publishers based on how much readers read is too expensive in genres like romance (Laura Hazard Owen/Nieman Lab)

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July 2, 2015, 10:45 PM

Top News

Alex Sherman / Bloomberg Business:

Yelp Sale Process Said to Stall as Founder Decides to Wait — Yelp Inc., which hired Goldman Sachs Group Inc. to find a buyer, has temporarily decided not to pursue a sale, people with knowledge of the matter said. — The consumer-review website has had several interested suitors …

More: Reuters, Business Insider, USA Today and International Business Times. Tweets: @dannysullivan

Jacob Pramuk / CNBC:

Yelp stock closes down about 10% amid reports it has stopped pursuing a sale of company — Yelp skids 10% amid sale halt reports — Yelp shares slipped on Thursday afternoon amid reports the company's sale process had stalled. — Following a trading halt around 12:50 p.m. ET …

More: Fortune, Los Angeles Times and Re/code

Terry Myerson / Windows Blog:

Microsoft details Windows 10 rollout plan: Windows Insiders will be first, rest will be in phases — Windows 10: Preparing to Upgrade One Billion Devices — With around four weeks to go before Windows 10 becomes available, I thought it would be helpful to provide some context on how we will roll-out Windows 10 to the world.

Chris O'Brien / VentureBeat:

Apple's new design leads will report to CEO Tim Cook, and not Jony Ive — Apple updated its executive bios to reflect changes in its design team that were announced earlier this year. But the updates came with an unexpected twist. — The bio of Jony Ive now includes his new title, Chief Design Officer.

More: Daring Fireball, The Verge, Business Insider, The Mac Observer, iPhone Hacks, AppleInsider, MacDailyNews and Apple Spotlight

Biz Carson / Business Insider:

Reddit's popular ‘ask me anything’ feature is down after a key employee is gone — Reddit's popular Ask Me Anything (iAMA) feature is offline following a key employee's departure. — Subreddit moderators are revolting and setting their sections to private today after Reddit's director of talent …

More: Gizmodo and SiliconANGLE. Tweets: @benparr, @bizcarson, @mikeisaac, @mikeisaac and @mattrosoff. Thanks:@bizcarson. See also Mediagazer

Megumi Fujikawa / Wall Street Journal:

Casio is developing a durable men's smart watch priced around $400, expected by early 2016 — Casio Bets on a Watch That Is Smart — Japanese watchmaker hopes to outmaneuver Apple Watch's technological wizardry — Japanese watchmaker Casio Computer saw the potential of the wrist …

More: SiliconANGLE, Digital Trends, Wired.co.uk, Ubergizmo, SlashGear, Pocket-lint, Pocketnow, PhoneArena and iPhone in Canada Blog

Ingrid Lunden / TechCrunch:

Prince sends takedown requests to Spotify, Rdio, and Deezer — Prince Won't Stream 4 U (Unless You're On Tidal, Or Maybe Google Music) — Call it the Taylor effect: it looks like another high-profile musician is sharpening his arrows to take aim at how streaming music services pay artists.

Mikey Campbell / AppleInsider:

Apple's iOS 8.4 kneecaps Home Sharing, music streaming now limited to Apple TV — While Apple introduced an array of new music features with its latest iOS 8.4 update featuring Apple Music, it also quietly nerfed content serving functionality by apparently limiting Home Sharing …

More: 9to5Mac, Kirkville, discussions.apple.com, Engadget, Gizmodo, Mashable, CNET, Macworld, PC Magazine, Redmond Pie, The Next Web, Inquirer, Ubergizmo, iPhone in Canada Blog, Pocketnow, Forbes, MacRumors, iMore and iPhone Hacks. Thanks:@mikeycampbell81. See also Mediagazer

Laura Hazard Owen / Nieman Lab:

Scribd found that paying publishers based on how much readers read is too expensive in genres like romance — What Scribd's growing pains mean for the future of digital content subscription models — Netflix earned more than $5 billion in 2014. No wonder companies want to be …

More: Consumerist, Business Insider, Smashwords, Bookseller News, Publishing Perspectives, Guardian, Engadget and Ink, Bits, & Pixels. Tweets: @craigmod

Dan Levine / Reuters:

Ex-DEA agent Carl Force pleads guilty to stealing bitcoins during Silk Road investigation — Former U.S. agent pleads guilty to bitcoin theft in Silk Road probe — A former federal agent pleaded guilty on Wednesday to stealing bitcoins during the government's investigation of Silk Road …

More: U.S. Department of Justice, Ars Technica, Forbes, Gizmodo, USA Today, Tech Times and PCWorld

Sarah Perez / TechCrunch:

SoundCloud updates iOS app with “play related tracks” feature that creates a stream of songs — In Wake Of Apple Music, SoundCloud Update Focuses On Music Discovery, Better User Experience — All the buzz this week may be about the launch of Apple Music …

More: SoundCloud, 9to5Mac, The Verge, The Next Web, iMore, Variety and Engadget

Robin Wauters / Tech.eu:

Berlin-based on-demand cleaning startup Helpling, backed by Rocket Internet, acquires UK-based rival Hassle.com for €32M, about $35M — A clean exit: Helpling acquires Hassle.com for €32 million to dominate on-demand cleaner space — Rocket Internet-backed Helpling …

More: TechCrunch, VatorNews and Business Insider

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