Techmeme
June 15, 2016, 1:10 PM

Top News

Juli Clover / MacRumors:
Apple to disable plug-ins like Flash, Java, Silverlight, and Quicktime by default in Safari 10, to focus on HTML5 content  —  In Safari 10, set to ship with macOS Sierra, Apple plans to disable common plug-ins like Adobe Flash, Java, Silverlight, and QuickTime by default in an effort to focus …
Ben Popper / The Verge:
Rhapsody rebrands itself as Napster, the service it acquired in 2011  —  Rhapsody is part of the old guard of music streaming services, launched way back in 2001 as Listen.com.  It never got the traction of it's rival Spotify, and is now competing against titans like Apple and Google as well.
Bloomberg:
Dropbox says it is now cash-flow positive but not profitable, not in rush to IPO  —  Drew Houston said at the Bloomberg Technology Conference that the company is cash-flow positive.  —  Since attaining a $10 billion valuation from investors in 2014, Dropbox Inc. has become a symbol of unicorn startup exuberance.
Peter Kafka / Recode:
Twitter Ventures invests in SoundCloud; sources say investment is $70M in a round valuing SoundCloud at about $700M  —  Twitter wanted to buy the company a couple years ago; now it has invested $70 million instead.  —  Two years ago Twitter thought about buying SoundCloud, but ended up walking away from the music service.
Wall Street Journal:
Sources: Didi Chuxing raises $7B round, including the $1B announced by Apple, valuing it at over $25B  —  Ride-sharing company will have more than $10 billion in cash on hand to fend off U.S. competitor  —  HONG KONG—China's homegrown competitor to Uber Technologies Inc. has raised $7 billion …
Morgen Peck / Backchannel:
Profile of Vitalik Buterin, inventor of Ethereum, the cryptocurrency rivaling Bitcoin and inspiring a movement  —  Vitalik Buterin invented the world's hottest new cryptocurrency and inspired a movement—before he'd turned 20.  —  I met Vitalik Buterin for the first time in Miami, during a Bitcoin conference in 2014.
Tweets: @galtsgirl
Shirley Halperin / Billboard:
Q&A with Apple's Iovine, Reznor, Cue, and Kondrk on Apple Music, Beats 1, and YouTube's “disingenuous” business model, and more  —  Eddy Cue, Apple senior vice president of internet software and services, helps introduce the new iOS software at an Apple event …
Jeff Grubb / VentureBeat:
Hands-on with Microsoft's new Xbox One controller: Bluetooth, better grip, and improved thumbsticks  —  Microsoft is now on the third revision of its standard Xbox One controller, and it's a noticeable improvement.  —  The company revealed the gamepad during its media briefing prior …
More: eWeek, The Verge and Polygon

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Earlier Picks

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