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August 12, 2014 | | Advertisement
 Good morning! There's an 80% chance of rain in New York, so bring an umbrella, and maybe a rain coat. Or is that like a belt with suspenders? Anyway, here's the news: - Fast Company has a big, excellent profile of Square, Jack Dorsey's payments company. It's not the most flattering read. Square seems to lack focus. After starting as a digital/mobile payments company, it's gradually pivoting into something more focused on small businesses and restaurants.
- Apple is talking to hospitals about making HealthKit a hub for medical information.
- Uber has been accused of ordering thousands of car rides from its rival Lyft only to cancel them.
- Conde Nast is spinning out Lucky magazine and merging it with BeachMint to create a new e-commerce/editorial site.
- Lots of people were sharing this one yesterday: Here's what happens when you like everything on Facebook. Your feed becomes overrun with news, stuff from brands, and political stuff.
- According to an SEC filing, Twitter paid $134 million for Gnip, a data reseller.
- BI Intelligence says there is huge interest in an iPhablet from Apple, which is good news since it's expected to release a 5.5-inch iPhone this year.
- Apple already has new iPads in production for the fall. They will reportedly get an anti-reflective glare.
- Alexandra Wilkis Wilson, a co-founder of Gilt Groupe, is going to take over as CEO for Glamsquad, which is sort of an Uber for women's haircuts.
- Uber drivers are making thousands of dollars working weekends in the Hamptons.
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