Techmeme
June 21, 2016, 12:05 PM

Top News

Kurt Wagner / Recode:
Twitter and Vine to support 140 second videos, will share revenue with influential Vine creators  —  Vine is expanding its video limit to 140-seconds.  —  There are a lot of places you can go on your phone to watch videos — Facebook, YouTube and Snapchat are a few popular options.
Jason Abbruzzese / Mashable:
Twitter's new Engage app makes it easier for celebs to handle their fans  —  A decent chunk of Twitter's early success came from its adoption by major celebrities as a way to speak directly to their fans — with the occasional chance for those fans to speak back.
Wall Street Journal:
Tencent and its partners to pay $8.6B for a majority stake in Supercell, in a deal that values the Finnish game maker at $10.2B  —  Chinese internet major's deal to buy stake from Japan's SoftBank values Supercell at $10.2 billion  —  HONG KONG—Chinese internet giant Tencent Holdings Ltd …
Josh Constine / TechCrunch:
Instagram doubles monthly users to 500M in 2 years, sees 300M daily  —  Photos transcend language barriers, leading Instagram to hit a major milestone today, Its growth is actually accelerating over time, thanks to popularity overseas in countries like Japan, Germany, France, and Indonesia.
Alexander Martin / Wall Street Journal:
SoftBank President Nikesh Arora to Step Down  —  Former Google executive has been under pressure from investors  —  TOKYO—Under fire from investors, SoftBank Group Corp. President Nikesh Arora is stepping down, marking an abrupt end to the tenure of founder and Chief Executive Masayoshi Son's handpicked successor.
Rob Levine / Billboard:
Taylor Swift among 180 artists and organizations signing petition for DMCA reform in ad spot, protesting “safe harbor”, upon which services like YouTube rely  —  For the last three months, the music industry has been fighting — or at least negotiating in public — with YouTube.
Zac Hall / 9to5Mac:
Adobe Creative Cloud update brings Content-Aware Crop to Photoshop, new VR features, more  —  Today Adobe is shipping updates to its Creative Cloud desktop apps for CC subscribers including new features in Photoshop plus enhancements to After Effects CC, Adobe Experience Design (XD) Preview, and more.
Paul Sawers / VentureBeat:
Peter Thiel-backed mobile banking startup Number26 raises $40M in Series B round led by Horizons Ventures, touts over 200K users  —  Number26, a Peter Thiel-backed mobile banking startup that's setting out to create the bank account of the future, has raised $40 million in a Series B round led by Horizons Ventures.

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Tim Hardwick / MacRumors:
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Earlier Picks

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