Techmeme
June 8, 2016, 5:10 PM

Top News

Lauren Goode / The Verge:
Apple to debut paid App Store search ads at WWDC, offer developers a 85/15 revenue split for in-app subscriptions for users subscribed for over a year  —  Apple's annual conference for developers, which kicks off next Monday, is normally when the company previews its newest software for iOS …
Greg Bensinger / Wall Street Journal:
Amazon will invest $3B in its Indian operations, bringing total planned investment in India to $5B since 2014  —  The announcement brings the e-commerce gaint's total planned investment to $5 billion  —  Amazon.com Inc. plans to invest an additional $3 billion into India …
Tom Warren / The Verge:
Microsoft says it has paused its plans to add a TV DVR feature to the Xbox One  —  Microsoft is no longer planning to add a TV DVR feature to its Xbox One console.  The software giant originally unveiled plans to add TV DVR to the Xbox One back in August, noting that the feature would arrive some time in 2016.
Wall Street Journal:
Sources: Yahoo hires bank to auction off 3K patents, including original search patent, expects $1B+, sets mid-June deadline for preliminary bids  —  Yahoo has set mid-June deadline for preliminary bids and hired Black Stone IP to run auction  —  Yahoo Inc. has kicked off an auction …
Rachael King / Wall Street Journal:
Salesforce to invest $50M in startups and launch an incubator to foster an ecosystem of apps that run on its cloud-computing platform  —  Move intended to foster ecosystem of applications that run on its cloud-computing platform  —  SAN FRANCISCO, Calif.—Salesforce.com will devote …
More: PYMNTS.com

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Jeremy Kahn / Bloomberg: