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Storyful’s Verification Tech Could Stop Fake News From Spreading On Facebook 10298427_663458093689772_4707351582710444803_o Twitter is the king of real time news, but people's eagerness to retweet juicy stories sometimes outweighs their willingness to verify the facts, leading them to parrot misinformation. That's why the most intersting thing about Facebook partnering with Storyful to create a Newswire isn't about refferals or helping journalists find things to cover. It's about making the Internet more truthful. Read More

Co-Founder And CEO Marcus Nelson Departs Addvocate marcus-nelson Marcus Nelson, who co-founded and served as CEO of social media startup Addvocate, said that he's no longer at the company. Nelson doesn't offer any details about the reasons for his departure, but it sounds like this wasn't entirely by choice. In a post on Medium, he wrote, "These are never easy situations, but there really was no choice. I join the legions of other founders who’ve reached… Read More

Automattic Buys Scroll Kit, A Code-Free Website Builder That Once Got Legal Heat From The NYT snow fail WordPress maker Automattic's acquisition spree to build out its platform continues apace. Today comes news that it has acquired Scroll Kit, a New York-based startup that had developed a platform for people to build websites without needing to know any code, or, in the words of co-founders Cody Brown and Kate Ray announcing the news, "a process for making the web that was more like drawing on a… Read More

Google+ Is Walking Dead rip-google-plus Today, Google’s Vic Gundotra announced that he would be leaving the company after eight years. The first obvious question is where this leaves Google+, Gundotra’s baby and primary project for the past several of those years. What we’re hearing from multiple sources is that Google+ will no longer be considered a product, but a platform — essentially ending its competition with other… Read More

Warburg Pincus Buys Compensation Software Service PayScale For Up To $100 Million 6757842133_758b6cfbb3_b Making its fourth acquisition of a technology company in fewer than three weeks, private equity investment firm Warburg Pincus is announcing that it has bought compensation software services vendor PayScale in a deal worth up to $100 million. In the 14 years since its launch in 2000, PayScale has developed a massive database of individual compensation profiles, containing salary information on… Read More

Domino’s Launches Its Pizza Ordering App For iPad With 3D Custom Pizza Builder photo 1 (1) Domino's Pizza has revamped its menu and turned around its financials over the last few years, during which time it also started to offer mobile ordering. Next Monday, the pizza chain will launch its iPad app, which will allow you to build your pizza and order it for take-out and delivery right from your couch. Read More

The FyreTV Porn Streamer Maker Is Suing Amazon For Trademark Infringement amazon-fire Remember the FyreTV? Probably not, but it was a media streamer, much like Amazon's new FireTV streamer, that was released in 2008. Unlike Amazon's FireTV, however, the FyreTV streams porn and only porn. And now the company behind the device is suing Amazon. Read More

Amazon Beats Street In Q1 With Net Sales Up 23% To $19.74B, $0.23 EPS amazon-earnings Amazon today reported its results for the company’s first financial quarter of 2014. Amazon reported net sales up 23 percent to $19.74 billion compared to $25.59 billion last quarter and $16.07 billion in the year-ago quarter. Operating income, however, decreased 19% to $146 million in the first quarter, compared with $181 million in first quarter 2013. Ahead of the earnings, analysts… Read More

Apple, Google, Intel And Adobe Settle Antitrust Lawsuit Over No-Hire Agreement apple-google-intel-adobe-tilt Four of Silicon Valley’s largest tech companies have settled an antitrust lawsuit brought against them over a shared no-hire agreement that prevented poaching employees from one company by another. The terms of the settlement weren’t disclosed, according to Reuters, but this averts a trial that had been scheduled to start later in May. The class action lawsuit represented around 64,000… Read More

Microsoft’s FQ3 Earnings Beat With Revenue Of $20.40B, EPS Of $0.68, Surface Top Line Of $500 Million microsoft-earnings This afternoon Microsoft published its fiscal third quarter 2014 financial results, with revenue of $20.40 billion, and earnings per share of $0.68. Analysts had expected the company to report $20.39 billion in revenue, and earnings per share of $0.63. Surface revenue was slightly soft, Office 365 uptake remains solid, and Azure grew quickly. The company also reported 1.2 million Xbox One sales… Read More

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