Techmeme
July 13, 2015, 1:05 PM

Top News

Luke Plunkett / Kotaku:
Nintendo President Satoru Iwata Dies At 55  —  Nintendo has just issued a short statement announcing that president Satoru Iwata has passed away at the age of 55.  —  The statement reads: … Iwata was forced to skip last year's E3 due to his poor health, and shortly afterwards underwent surgery to remove the bile duct growth.
Emily Steel / New York Times:
Comcast announces Stream, a $15/month web TV add-on for its internet subscribers with broadcast networks and HBO, available in select markets later this year  —  Comcast Offers Its Alternative to Cable TV, Using the Web  —  Comcast, the country's largest cable operator …
Mary Jo Foley / ZDNet:
Microsoft plans multi-million Windows 10 ad and marketing campaign, fan-focused launch  —  Microsoft plans a fan-focused Windows 10 launch kick-off  —  Microsoft's multi-million-dollar Windows 10 ad and marketing campaign will be focused on ‘upgrading the world’ to the coming operating system release.
Blake Ross / Medium:
Wealthfront markets itself as the anti-Wall Street, but still charges a 0.25% compound fee, far worse than Vanguard VTI's 0.05% fee  —  Silicon Valley Tech at Wall Street Prices  —  Somewhere in the Bay Area, a developer teeters on the edge of insanity.  —  For the last 60 hours …
Edward-Isaac Dovere / Politico:
Many Obama campaign and administration alumni are moving to Silicon Valley to join tech firms  —  The city on the hill(s) for Obama alums  —  San Francisco and its tech firms are a prime destination for aides leaving the administration.  —  Getty  —  SAN FRANCISCO — Sipping a cup of cold-pressed coffee.
Ingrid Lunden / TechCrunch:
CircleUp Raises $22M To Invest In Consumer Brands On Its Crowdfunding Platform  —  As crowdfunding sites like Tilt and GoFundMe and lending site Funding Circle raise large rounds to take their businesses to the next level, a startup that sits in the same area of web-based fundraising is trying a new approach.
Chuq Von Rospach / Writing & Commentary:
Reddit is fatally broken, should rebuild by hiring or contracting top 100+ moderators to align mod motivations with the company, kill controversial subreddits  —  The Death of Reddit  —  [edit July 12: when you're done here, I wrote a followup for you: Fixing or Replacing Reddit, some quick thoughts — take a look! chuq]
 

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