Techmeme
June 13, 2016, 5:05 PM

Top News

Microsoft:
Microsoft to buy LinkedIn for $26.2B, Jeff Weiner to remain CEO, reporting to Satya Nadella  —  Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share …
Satya Nadella / Microsoft:
Satya Nadella email to employees on acquisition of LinkedIn  —  I'm excited to share that today Microsoft announced a deal to acquire LinkedIn.  You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation.
Jeff Weiner / LinkedIn Pulse:
In email to staff, LinkedIn CEO Jeff Weiner assures employees the company will be a “fully independent entity within Microsoft”  —  This is the email I sent to LinkedIn's global workforce today.  I thought it might be interesting to others, too, so I've decided to publish it publicly.
Matt Burns / TechCrunch:
Apple's new Home iOS app consolidates control over home devices, integrates with Siri, allows users to define actions based on entering geofenced areas  —  Today at Apple's WWDC 2016 conference, Apple SVP Craig Federighi announced a major update to Apple's Internet of Things platform, HomeKit.
Ben Popper / The Verge:
Russell Brandom / The Verge:
Dan Seifert / The Verge:
Apple debuts watchOS 3 with faster app loading, swipe-up Control Center, Scribble handwriting recognition, Activity Sharing, SOS feature, more  —  WatchOS 3 has arrived.  Apple just announced the new version of its smartwatch operating system during the keynote presentation of its Worldwide Developer's Conference.
Andrew Webster / The Verge:
Microsoft debuts Xbox One S, 40% smaller than original Xbox One, 4K Ultra HD support, available in August for $399 with 2TB HD; 500GB version coming for $299  —  The Xbox One just got a lot smaller.  Announced today at E3 in Los Angeles (and leaked a day earlier), the new Xbox One S takes …
Jacob Kastrenakes / The Verge:
Fitz Tepper / TechCrunch:
Josh Constine / TechCrunch:
Snapchat rolls out Snap Ads Between Stories, a new Ads API, and many ad improvements; all ads will be reviewed  —  Snapchat is ready to make the big bucks that could let it go public thanks to a slew of important updates to its ads offering.  They'll give advertisers the spotlight …
Bloomberg:
Sources: FanDuel and DraftKings are in merger talks as both face legal battles  —  At their peaks, both companies had valuations over $1 billion  —  New York is expected to allow fantasy sports by NFL's start  —  DraftKings Inc. and FanDuel Inc., the two biggest daily fantasy sports companies …

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