August 13, 2015, 4:15 AM

Top News

Kara Swisher / Re/code:
Tinder Founder Sean Rad Returns as CEO, Replacing Chris Payne  —  Sean Rad, the co-founder of Tinder, who was replaced as CEO in March, is returning to the job.  —  As part of the move, Chris Payne — the former eBay and Microsoft exec who was hired in March to give the company more experienced management — is leaving.
Peter Kafka / Re/code:
NBCU invests $200M in Vox Media, pre-money valuation of $850M; will invest $200M in BuzzFeed  —  NBCUniversal Buys Big Chunks of Vox Media and BuzzFeed  —  Last week Re/code reported that NBCUniversal was investing in BuzzFeed and Vox Media.  —  Now those deals are done, and NBCU and Vox Media are announcing their deal today.
Jason Del Rey / Re/code:
Apple Pay Competitor CurrentC May Not Launch Until Next Year  —  Google and Samsung are gearing up to join Apple Pay in the battle to replace your wallet later this year, but another payments app backed by big retailers like Walmart may wait a little longer before entering primetime.
Kurt Wagner / Re/code:
Periscope announces 2M daily active users, claims more than 10M have created accounts since launch  —  Periscope Has 10 Million Users (Kinda)  —  Twitter has spent a lot of time talking up Periscope, the livestreaming app it bought back in January.  Now it wants you to know that people …
Office Blogs: preview gets new add-ins from Uber, PayPal, Evernote, and Boomerang as rollout expands  —  New Outlook partner add-ins and expanded rollout of preview  —  Earlier this year, we announced a preview of the new that lets you make the most of the moments that matter to you …
Josh Constine / TechCrunch:
Facebook plans to open Mentions, which houses Periscope competitor Live, to all verified profiles  —  Facebook Confirms Live Broadcasting Will Soon Open To Journalists And Verified Profiles  —  Facebook plans to open up its Periscope livestreaming competitor to more than just celebrities.
Mary Jo Foley / ZDNet:
Microsoft Surface Hub to ship starting January 1, 2016, rather than September 1, 2015, as originally planned  —  Microsoft Surface Hub to ship starting January 1, 2016  —  Microsoft's Surface Hub conferencing system will begin shipping on January 1, 2016, rather than September 1, 2015, as originally planned.
Drew Olanoff / TechCrunch:
Niantic Labs, Maker Of Ingress, Spun Out Of Google As Its Own Company  —  The dust hasn't completely settled on Google's Alphabet move and we're told that the new umbrella company will be nimble.  Today, one of the groups inside of the company announced that it will be spun out into a separate company …
Jason Del Rey / Re/code:
Groupon cuts 20 jobs in its restaurant software unit Breadcrumb as founder Seth Harris leaves  —  Layoffs Hit Groupon's Restaurant Software Unit as Breadcrumb Founder Leaves  —  Earlier this year, Groupon considered spinning off its restaurant software business, Breadcrumb, as Re/code previously reported.
Jon Russell / TechCrunch:
Kik launches Jam, a new service designed to help Kik's 200M+ users “meet new friends based on similar music interests”  —  Kik Brings Music-Themed Communities To Its Mobile Messaging Service  —  Mobile messaging firm Kik is upping its focus on music after launching a new service …
Russell Brandom / The Verge:
Dropbox will now let you use a USB key for two-factor login  —  Today, Dropbox took a big step toward stronger account security.  The company announced today it's enabling USB security keys for two-factor login, allowing users to supplement the traditional password login with a physical device …
Eva Dou / Wall Street Journal:
Lenovo to cut 3200 non-manufacturing jobs after its Q1 net profit drops 50.9% YoY to $105M; job cuts part of company's $650M cost-cutting effort  —  Lenovo to Cut Jobs as PC Market Continues to Contract  —  Net profit falls for the first quarter  —  Chinese electronics maker Lenovo Group Ltd …
Frederic Lardinois / TechCrunch:
Google Launches New Site To Showcase Experimental Open Source Apps For Android And Android Wear  —  Google launched Android Experiments today, the mobile apps counterpart to its Chrome Experiments site.  —  Just like with Chrome Experiments, the idea behind Android experiments is to showcase apps …
Terry Collins / CNET:
Twitter increases maximum length of direct messages from 140 to 10K characters  —  Chat away: Twitter removes 140-character limit for direct messages  —  The social network now allows users to chat privately without feeling constrained by a space limit.  Blabbermouths, however, will get cut off at 10,000 characters.

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