Techmeme
August 1, 2015, 3:10 PM

Top News

David E. Sanger / New York Times:
Anonymous Obama administration sources say US will retaliate against China for OPM hack and is weighing options that include breaching the Great Firewall  —  U.S. Decides to Retaliate Against China's Hacking  —  The Obama administration has determined that it must retaliate against China …
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 …
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
Washington Post:
Former DNI Mike McConnell, DHS Secretary Michael Chertoff, and Deputy Secretary of Defense William Lynn back strong encryption in op-ed  —  Why the fear over ubiquitous data encryption is overblown  —  Clarification: Due to a production error, a version of this column was temporarily posted prematurely …
Patrick Howell O'Neill / The Daily Dot:
Hackers find vulnerabilities in Industrial Ethernet Switches used in hydroelectric dams, nuclear power plants  —  How hackers can take over nuclear power plants  —  The world's most important facilities—think massive hydroelectric dams and nuclear power plants—are vulnerable to devastating cyberattacks.
More: TechWormThanks:@dellcam
New York Times:
Xiaoice, Microsoft's Chinese chatbot, has a sense of humor, good listening skills, and 20M registered users  —  For Sympathetic Ear, More Chinese Turn to Smartphone Program  —  She is known as Xiaoice, and millions of young Chinese pick up their smartphones every day to exchange messages with her …
Kurt Wagner / Re/code:
Trevor O'Brien, the Product Lead Running All Twitter Apps, Is Departing  —  Another key product exec is leaving Twitter.  —  Trevor O'Brien, who joined Twitter a year and a half ago from YouTube and oversees product for Twitter's iOS and Android apps, is departing the company, according to multiple sources.
More: BuzzFeedTweets: @tmobrien and @heyheyesj
Heather Somerville / Mercury News:
Lyft forgoes global expansion in favor of U.S. market domination  —  SAN FRANCISCO — Lyft has walked back years of promises about a global expansion, and instead the car-booking company is doubling down on the U.S. market, hoping to beat its biggest foe here at home.
Tweets: @jonrussell and @glennf
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 …
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
Biz Carson / Business Insider:
Frontback announces they will not shut down, after signing an agreement with a new partner  —  Frontback, the once-hot startup that rejected a $40 million Twitter acquisition, is back from the dead  —  The selfie app Frontback has found a new partner and narrowly avoided shutting down.
More: Frontback and The VergeThanks:@bizcarson

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