By Kelly Faircloth 4/23 8:45am

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Let's hope this means more wacky pet products.

Booting Up: Fab Reportedly Thinks It’s Worth a Billion Dollars Now

Fab is reportedly raising over $100 million, at a $1 billion valuation. That’s a jump from the $600 valuation the last time the company raised. [TechCrunch]

Netflix now has (just barely) more American subscribers than HBO. [Variety]

“Apple Inc. is facing an identity crisis on Wall Street.” Sounds dramatic. [Wall Street Journal]

Matthew Keys, who was indicted in March for allegedly conspiring with Anonymous to hack the L.A. Times website, has been fired from his job at Reuters. Apparently they didn’t like a parody Twitter account he created, or his tweets about the hunt for the marathon bombers. [Atlantic Wire]

There’s a startup that wants to disrupt raising your hand in class, FYI. [GigaOm]

By Jessica Roy 3/18 8:58am

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(Photo: Deviantart)

Booting Up: Google Reader Users Migrate to Feedly

Turns out having a book on the top of Amazon’s bestseller list does not make you an automatic millionaire. [Salon]

After the announcement that Google Reader would shut down in July, more than 500,000 users have already migrated to Feedly. [The Verge]

Foursquare is reportedly close to closing a Series D round that would value it at less than the valuation from its Series C. [TechCrunch]

According to his lawyer, Matthew Keys’ legal defense is going to be that he was doing work as an undercover investigative journalist. Oh, we can flout the law under the guise of “journalism!”? Brb, going to loot the Apple store. [The Next Web]

An NYU student has invented a gel that can help stop bleeding in wounds. But can it mend college’s primary injury: broken hearts? [New York Post]

By Kelly Faircloth 3/14 5:13pm

Hack Hack Hack Hack It Apart

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Reuters Producer Matthew Keys Indicted for Allegedly Conspiring with Anonymous [UPDATED]

Power-Twitterer and Reuters deputy social media editor Matthew Keys has been indicted by the Justice Department. He stands accused of “conspiring with members of the hacker group ‘Anonymous’ to hack into and alter a Tribune Company website.”

A journalist handing over his ex-employer’s log-in info to Anonymous, combined with the fact that the vandalized “Tribune Company website” happens to have been the homepage of the Los Angeles Times, is so juicy that overworked assistants all over Hollywood are probably cobbling together pitches to turn Keys into the next Bradley Manning.

Before Reuters, Mr. Keys worked as a web producer for the Tribune Company-owned TV station KTXL FOX 40, in California. The DOJ says that in December 2010, after being “terminated” by Fox 40, he: Read More