Techmeme
August 6, 2015, 7:05 AM

Top News

Marco della Cava / USA Today:
Apple Music has 11M trial subscribers with 2M on family plan; App Store has record month in July with $1.7B in transactions  —  Apple Music hooks 11 million trial members, App Store has record July  —  One month after unveiling its new streaming music service, Apple has locked in 11 million trial members …
Official Android Blog:
Google announces it will provide monthly OTA security updates to Nexus devices, starting today with Stagefright fixes  —  An Update to Nexus Devices  —  Security has always been a major focus for Android and Google Play: Android was built from day one with security in mind.
Russell Brandom / The Verge:
How the Stagefright bug changed Android security  —  It's been 10 days since Zimperium's Joshua Drake revealed a new Android vulnerability called Stagefright — and Android is just starting to recover.  The bug allows an attacker to remotely execute code through a phony multimedia text message …
Bloomberg Business:
Why Google's antitrust deal with the EU fell apart  —  Google's $6 Billion Miscalculation on the EU  —  Why the search leader's antitrust deal fell apart August 6, 2015 by Brad StoneVernon Silver Share on FacebookShare on Twitter Source: Google As the global elite gathered at the World Economic Forum …
Janko Roettgers / Variety:
Samsung Kills Top-Secret Plan to Reinvent the Remote Control, Lays Off Boxee Staff  —  Samsung's ambitious plan to replace the TV remote is dead.  —  The Korean consumer electronics giant quietly shuttered an ambitious initiative last month that was internally known as “Perfect Experience,” or PX, Variety has learned.
Arik Hesseldahl / Re/code:
EMC Considers a Buyout by Its Own Subsidiary VMware  —  Data storage and IT giant EMC is contemplating a deal under which it would be acquired by VMware, the software company in which it is a majority owner, according to sources briefed on the discussions.  —  That is one of several options EMC's board …
Sam Biddle / Gawker:
Leaked internal documents show Uber lost $20.4M in 2012, $56M in 2013, and more than $160M in the first half of 2014  —  Here Are the Internal Documents that Prove Uber Is a Money Loser  —  Uber, Silicon Valley's prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future.
Lucas Matney / TechCrunch:
Reddit Finally Bans Racist r/CoonTown And Other Hateful Communities, Updates User Policies  —  Reddit CEO Steve Huffman introduced an updated set of user policies Wednesday, which included details for how Reddit would be “quarantining” certain communities and banning ones which were particular awful, including the infamous r/CoonTown.
Josh Constine / TechCrunch:
Facebook Launches “Live” Streaming Video Feature, But Only For Celebrities  —  Before Periscope and Meerkat jumpstarted the mobile live-streaming craze, Facebook was already quietly working on its own way to let public figures broadcast live videos to their fans.
Jon Russell / TechCrunch:
Indian Health Search Portal Practo Lands $90M Led By Tencent For Global Expansion  —  Chinese internet giant Tencent is getting its tentacles into India's healthcare space after it lead a $90 million Series C round for medical search startup Practo.  The startup raised $60 million in February …
Jason Del Rey / Re/code:
Twitter Will Offer ‘Buy’ Buttons to as Many as 100,000 Merchants With New Shopify Deal  —  Twitter has been deliberate in its rollout of Buy buttons.  But it's about to make a bigger splash.  —  The social network is in the process of integrating with Shopify and other e-commerce software companies …
Paul Sawers / VentureBeat:
Adidas acquires mobile fitness company Runtastic for $239M  —  Sporting giant Adidas has acquired Runtastic, a European mobile fitness startup known for its GPS fitness-tracking app of the same name, in a deal worth €220 million ($239 million).  —  Founded out of Austria in 2009 …
Anthony Ha / TechCrunch:
Good Eggs Will Shut Down All Operations Outside San Francisco, Lay Off Nearly 140 Employees  —  Organic food delivery startup Good Eggs just announced that it will be closing its operations in Los Angeles, New York City and New Orleans — every city where it has a presence, except for San Francisco.

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More News

Jon Brodkin / Ars Technica:

Earlier Picks

Joel Rosenblatt / Bloomberg Business: