SQUARE: Please email money -- HADOOP 2 arrives -- TWITTER dials up users, revenue, losses -- INTEL's low-cost fall lineup -- D-Day in D.C.

 

October 16, 2013 06:00 PDT | 09:00 EDT | 13:00 UTC

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>> SQUARE CASH: The money is in the email, by Walt Mossberg: "Say you want to send $47.12 to your sister. You just compose an email with her email address in the 'To' field and, in the 'CC' field, you enter 'cash@square.com.' In the subject field, you enter the amount you're sending -- in this case, '$47.12.'... If this is your first time using the service, Square will email you a link to its service, where you'll be asked to enter your debit-card information.... Your sister will receive two emails: The one from you and a second from Square saying you're sending her the money. If she accepts the payment and it's her first time using the service, she will be asked to click a link to Square and enter her debit-card information. Once that's verified, the transfer is made, and the money will show up in her bank account in one to two days.... No other account setup is required. You never need to create, or enter, a login or password. And the money goes straight from bank to bank." AllThingsD

>> NYSE TICKER TWTR: Twitter doubled revenue, saw deeper losses in Q3, by Martyn Williams: "The company's highly anticipated IPO will take place on the New York Stock Exchange... revenue in the three-month period was US$169 million, just over double that achieved during the same period a year earlier and a quarterly record for the fast-growing company. But just as revenue climbed, losses were also sharply higher. Twitter racked up a net loss of $64 million in the three-month period... the company saw its average monthly users climb to 231.7 million, up from 167.1 million in the same period of 2012." PCWorld

>> BIG DATA ENGINE: Apache Software Foundation unveils Hadoop 2, replacing MapReduce with YARN, by Loek Essers: "The Apache Software Foundation unveiled its latest release of its open source data processing program, Hadoop 2... Most notable is the addition of YARN, (Yet Another Resource Negotiator), which is a successor to Hadoop's MapReduce... YARN sits on top of the HDFS (Hadoop Distributed File System) and serves as a large-scale, distributed operating system for big data applications, enabling multiple applications to run simultaneously for more efficient support of data throughout its entire lifecycle." InfoWorld

>>>> Hadoop 2.0 goes GA ZDNet

>> FOR THE WIN: Intel meets estimates, posts third quarter revenue of $13.5 billion: "The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion, and used $536 million to repurchase 24 million shares of stock." Electronista

>>>> Intel's Bay Trail chips to hit 10 tablets, hybrids next month InfoWorld

>>>> Intel says hardware bargains to multiply this fall: $99 tablets, $299 Haswell laptops, $349 2-in-1 hybrids VentureBeat

>>>> Intel delays 14-nm Broadwell chips for PCs and hybrids to early 2014 PCWorld

>> VIRTUAL LAND GRAB: VMware expands management of Amazon, Microsoft, OpenStack clouds, by Brandon Butler: "VMware has rolled out expanded support for non-VMware workloads in its management tools, including the added ability to manage OpenStack clouds, and providing better visibility into Amazon and Microsoft clouds." NetworkWorld

>>>> VMware looks to UK for launch of European public cloud "Hybrid cloud strategy could cause lock-in problems for customers." Computerworld UK

>> WORKS FOR POLITICIANS: Microsoft's Google-bashing TV campaign is actually working, by Alex Kantrowitz: "The Scroogled ads, negative to the core, are a rarity for consumer tech. Even the mean-spirited 'I'm a Mac, I'm a PC' variety featured a product comparison at least. But while the tactics may be ugly, the ads are working, according to two ad effectiveness firms, and research commissioned by Microsoft, which finds the ads are tarnishing Google's image in the eyes of viewers and putting Microsoft products -- including underdogs such as Bing -- into the consideration set." AdAge

>>>> Scroogled my ass InfoWorld

>> NOT CHEAP ENOUGH: Apple and China, by John Gruber: "When the iPhone 5C came out last month and was not 'low cost', many took it as a sign that Apple was somehow ignoring China. I would say it's just the opposite: they're skating to where the puck is heading, not where it is, and positioning their products to thrive as China's upper class grows. From Apple's perspective, there's no such thing as an 'emerging market'. There are certainly cultural differences between consumers in different countries, but the bottom line is that there are people who can afford iPhones and iPads, and people who can't. The class of people who can afford Apple products is growing faster in China than it is anywhere else." Daring Fireball

>>>> Apple said to be trimming iPhone 5C production while increasing 5S orders The Verge

>>>> As iPhone 5C fades, Firefox OS and Android square off in emerging markets ReadWrite >> STAT DU JOUR: Top 10 most pirated movies of the week, by Jerry Brito, Eli Dourado, Matt Sherman: "Do people turn to piracy when the movies they want to watch are not available legally? Over the past 3 weeks, 53% of the most-pirated movies have been available legally in some digital form. Over the same period, only 20% have been available for rental or streaming. In addition, 0% have been available on a legal streaming service." Mercatus Center/GWU

>>>> Can digital rentals block piracy? New site gathers the data Ars Technica

>> ESCAPE VELOCITY: Greenwald exits Guardian for new Omidyar media venture, by Mark Hosenball: "Glenn Greenwald, who has made headlines around the world with his reporting on U.S. electronic surveillance programs, is leaving the Guardian newspaper to join a new media venture funded by eBay founder Pierre Omidya.... Greenwald, who is based in Brazil and was among the first to report information provided by one-time U.S. National Security Agency (NSA) contractor Edward Snowden.... Omidyar, who is chairman of the board at eBay Inc but is not involved in day-to-day operations at the company." Reuters

>> BUMPING ALONG: Earnings and revenue down -- Yahoo delivers on expected lackluster third quarter AllThingsD

>>>> Alibaba earnings more than double on surging e-commerce "Yahoo, which owns about 24 percent of [Alibaba], said yesterday that the maximum number of shares it's required to sell in an Alibaba IPO fell to 208 million from 261.5 million." BloombergBusinessweek

>> DEPARTURE LOUNGE: Steve Ballmer is right, and I was wrong, by Joe Wilcox: "For all Microsoft's CEO might have done wrong, he was right about something dismissed by many -- and I among them: Google. Ballmer started treating the search and information company as a competitive threat about a decade ago. Google as Microsoft competitor seemed simply nuts in 2003. How could search threaten Windows, particularly when anyone could type a new web address to change providers? Ballmer was obsessed, chasing every Google maneuver, often to a fault. Execution could have been better, but his perception was right." Beta News

>> NEOMONEY: Chinese Internet giant Baidu now accepts Bitcoin, by Lorenzo Franceschi-Bicchierai: "Baidu, also known as the 'Google of China,' is now accepting Bitcoin payments for Jiasule, its anti-DDoS (distributed denial of service) and firewall security product.... For Bitcoin, this partnership comes at a crucial time. After the feds busted the online drug bazaar Silk Road and seized all its Bitcoins -- roughly 5% of the total in circulations -- some speculated that it was the end of the virtual currency. But after dropping dramatically, Bitcoin's price has recovered, reaching a five-month high." Mashable

>> LIBERTY & JUSTICE: A court order is an insider attack, by Ed Felten: "Commentators on the Lavabit case, including the judge himself, have criticized Lavabit for designing its system in a way that resisted court-ordered access to user data. They ask: If court orders are legitimate, why should we allow engineers to design services that protect users against court-ordered access? The answer is simple but subtle: There are good reasons to protect against insider attacks, and a court order is an insider attack." Freedom to Tinker

>> SHOT: HTC rumored to be making the Amazon phone TechHive

>> CHASER: HTC gives up on budget phones "Jeff Gordon, HTC's marketing boss, told CNET UK that the company isn't going to suddenly shift its strategy to become a budget smartphone maker. 'Competing against Huawei, ZTE, and eventually Amazon, for low end, razor-thin margins is a fool's game.'" CNet Asia

>> Irish budget proposes an end to Apple tax shelter The Street

>> 5 new and improved tools for Exchange and Office 365 InfoWorld

>> Oracle VM VirtualBox 4.3 now available Oracle

>> Is a $100 3D printer too good to be true? Smithsonian Mag

>> Meet SecureDrop, a new lock box for whistleblowers Time

>> iOS 7 is jailbroken evasi0n

>> Oracle releases 127 security fixes, 51 for Java alone Sophos Naked Security

>> Dave Morin laid off 20 percent of Path employees today ValleyWag

>> Alcatel-Lucent challenges Cisco, Brocade unified access. 'Extends relationship with Aruba for BYOD management.' NetworkWorld

>> Google Fiber changes server ban language in TOS DSLReports

>> New effort to fully audit TrueCrypt raises $16,000+ in a few short weeks Ars Technica

>> Nginx raises $ 10M in Series B round Nginx

>> Booming Vox Media, the people behind The Verge and SB Nation, raises another huge round, $34M AllThingsD

>> TWEET O' THE DAY: "America Held Hostage, Day 16." @jacobwe

FEED ME, SEYMOUR: Comments? Questions? Tips? Shoot mail to Trent or Woody. Follow @gegax or @woodyleonhard.

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