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Techmeme
July 31, 2015, 9:30 PM
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Wall Street Journal:
Sources: Uber closed round of nearly $1B with Microsoft participating, valuing the company at over $50B and bringing total funding to more than $5B  —  Uber Valued at More Than $50 Billion  —  Ride-sharing app, which just closed a funding round, reaches mark faster than Facebook
Dina Bass / Bloomberg Business:
Microsoft Said to Invest About $100 Million in Startup Uber  —  Microsoft Corp. has agreed to invest about $100 million in Uber Technologies Inc. at a valuation of approximately $50 billion, a person with knowledge of the matter said.  —  The deal was finalized earlier on Friday …
Dan Seifert / The Verge:
YotaPhone cancels US launch of YotaPhone 2 despite successful Indiegogo campaign, citing complications with its manufacturing partners  —  YotaPhone 2 won't be coming to the US  —  Yota Devices revealed today that it is canceling its plans to launch the YotaPhone 2 in the US, citing complications with its manufacturing partners.
Anthony Ha / TechCrunch:
Yahoo Will Acquire Fashion Startup Polyvore  —  Yahoo just announced that it has reached an agreement to acquire style-focused community Polyvore.  —  In a blog post about the deal, Yahoo's senior vice president of publisher products Simon Khalaf highlighted “Polyvore's expertise …
Peter Kafka / Re/code:
LinkedIn asks its top 500 “Influencers” for blanket permission to syndicate posts, with no money changing hands  —  LinkedIn Starts Building a Syndicated Content Network  —  LinkedIn has gotten a lot of mileage out of the free content that famous people like Richard Branson write for the social network.
Matthew Lynley / TechCrunch:
Early Apple Designer Susan Kare Joins Pinterest's Creative Team  —  Susan Kare, an early Apple designer behind some of the company's early typefaces and icons, has joined Pinterest.  —  She'll be part of Pinterest's creative team as a product design lead, according to the company.
Yusuf Mehdi / Windows Blog:
Windows 10 passes 14M installs 24 hours after launch  —  Windows 10 - The First 24 Hours  —  It has been an incredible 24 hours for Windows and our fans.  We're humbled and grateful to see the response to Windows 10.  We have seen unprecedented demand for Windows 10 …
Mike Masnick / Techdirt:
4th Amendment Lives: Court Tells US Government Get A Warrant If It Wants Mobile Phone Location Info  —  A potentially big ruling came out of the courtroom of Judge Lucy Koh yesterday, in which she affirmed a magistrate judge's decision to tell the government to get a warrant if it wants …
More: ZDNet
Kana Inagaki / Financial Times:
Japan's Sharp to stop making TVs for the North American market after worse-than-expected quarterly loss of $274m  —  Japan's Sharp to quit North America TV market  —  Sharp is to pull out of the North American television market and will consider spinning off its display business as a slowdown …
Sarah Perez / TechCrunch:
Dropbox Arrives On Roku With An App For Viewing Your Personal Photos And Movies  —  Dropbox has launched on the Roku, with an app that allows you to view the photos and videos you have stored in your account directly on your TV by way of Roku's streaming media player.
Ian Paul / Greenbot:
88,000 Nvidia Shield tablets recalled due to heat risk  —  Put that slate down, Nvidia Shield Tablet users.  No, seriously—put it down.  It's being recalled.  —  Nvidia announced on Friday that Nvidia Shield tablets sold between July 2014 and July 2015 need to be sent back to the manufacturer.

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From Mediagazer

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Lucas Manfredi / The Wrap:
WBD reports Q2 revenue down 11% YoY to $8.72B, below $9.21B est., net income down 91%, ad revenue down 22%, content revenue down 26%, streaming revenue up 10%

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