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April 16, 2012, 12:15 PM

Top News

Liz Gannes / AllThingsD:

Confirmed: Redpoint Leads $40M Funding Round for Path — Path, the mobile social networking start-up, is planning to announce it has raised Series B funding as early as tomorrow, according to sources. — Redpoint Ventures led the $40 million round, which values Path at $250 million.

More: Fortune, VatorNews, Pulse2 Technology …, The Next Web, WebProNews, VentureBeat, FierceMobileContent, Appolicious Advisor and Mobile Entertainment. Tweets: @dondodge

Om Malik / GigaOM:

Why Path is no Instagram — Ever since Facebook decided that Instagram was worth $1 billion, there has been recurring talk of Path, another social service being the next big buyout target. And while I am happy for the Path team, I find the comparisons with Instagram unfounded and premature.

Apple:

New iPad Arrives in South Korea & 11 Additional Countries This Week — CUPERTINO, California April 16, 2012 Apple® today announced the new iPad®, the third generation of its category defining mobile device, will arrive in South Korea and 11 additional countries on Friday, April 20.

Nathan Ingraham / The Verge:

Galaxy Nexus coming to Sprint on April 22nd for $199.99, includes a $40 Google Wallet credit — We've been waiting for a release date since CES, but it's finally official — the Galaxy Nexus is coming to Sprint on April 22nd for $199.99 when you sign a new two-year contract.

More: Engadget, Examiner, Ars Technica, GigaOM, BGR, VentureBeat, TechCrunch, CNET, Business Insider, Sprint Newsroom, Gizmodo, Pulse2 Technology … and Gotta Be Mobile

David Carr / New York Times:

The Media Equation: Amazon Low Prices Disguise a High Cost — The Justice Department finally took aim at the monopolistic monolith that threatened to dominate the book industry. So imagine the shock when the bullet aimed at threats to competition went whizzing by Amazon …

More: Disruption, Mike Cane's xBlog, TeleRead and Digital Book World. See also Mediagazer

Dan Primack / Fortune:

Exclusive: Big changes coming to Kleiner Perkins — Brook Byers and Ray Lane scale back their future involvement. — Kleiner Perkins Caufield & Byers is changing its partnership structure, according to prospective limited partners in the venture firm's next early-stage fund.

More: Pulse2 Technology …

Derek Andersen / Startup Grind:

Exclusive: Electronic Arts Set To Layoff +500 Employees — Exclusive: I've confirmed from multiple sources within Electronic Arts that the company is planning to layoff 500-1,000 people as soon as this week. As of March 31 public numbers, that represents between 5%-11% of total company employees.

More: Joystiq, GamesIndustry International, ITProPortal, Cinema Blend Feeds, VG247, Kotaku, Blue's News and NowGamer

Matt Brian / The Next Web:

Samsung sends out event invites to “come and meet the next Galaxy” on May 3 in London. Galaxy S III incoming? — Update: The event has been confirmed by Samsung. — Samsung could be just weeks away from unveiling its next flagship Android smartphone — the Galaxy S III …

Richard Chirgwin / The Register:

Yet another OSX/Java Trojan spotted in the wild — Kaspersky Labs tags MS Word as the vector — Hard on the heels of the Flashback Trojan, Kaspersky Labs is warning of a new OSX threat, which it's dubbed Backdoor.OSX.SabPub.a. — In a post to Securelist, Kaspersky's Costin Raiu …

More: Zero Day Blog, eWeek, Help Net Security, CNET, Gizmodo, Redmond Pie, Naked Security, TUAW, WebProNews, AppleTell and Softpedia News

Dante D'Orazio / The Verge:

Roku to launch in Canada with over 100 channels, pre-orders start today — We heard that Roku was planning to go international with its tiny streaming boxes, and after launching in the UK a couple of months ago, the company has announced that its products are available to pre-order in Canada as of today.

More: TechCrunch, GigaOM, Zatz Not Funny!, Electronista and Engadget

Richard Lai / Engadget:

Meizu MX Quad-core launching with Android 4.0 in June, gets 32GB and 64GB flavors — Can't say we're surprised, but Meizu's finally giving us the lowdown on the quad-core variant of its flagship Android smartphone. Simply dubbed the MX Quad-core, this new device will be powered by a Cortex-A9-based …

More: ITProPortal, SlashGear, Know Your Cell, Android Phone Fans, Phones Review, Tech in Asia and The Verge

PC World:

Twitter Tech Support: How Effective Is Tweeting a Tech Problem? — Companies do answer customer support questions sent via Twitter. Here's how they handle it and how to be heard when you tweet your problem. — As the Web becomes increasingly social, more and more companies turn to Twitter …

Tweets: @qthrul

Devindra Hardawar / VentureBeat:

Foursquare confirms 20M users, 2 billion check-ins, on 4sqDay 2012 — Today, the third annual 4sqDay (April 16, four-squared, get it?), check-in king Foursquare confirmed that it has reached new milestones of 20 million users and a whopping 2 billion check-ins.

More: CNET, The Next Web, Examiner, Mashable! and About Foursquare. Thanks:@venturebeat

Gerry Shih / Reuters:

In Silicon Valley, designers emerge as rock stars — (Reuters) - Five years ago, Justin Edmund arrived at Carnegie Mellon University, a floppy-haired freshman, with artistic talent and dreams of joining a venerable design firm like IDEO or Frog. But during his sophomore year …

More: The Verge

Philip Elmer-DeWitt / Fortune:

How many iPhones did Apple sell last quarter? — The estimates range from 26 to 44 million. The best analysts' consensus: 35 million. — Click to enlarge. Source: Company reports; Apple 2.0 — The most important metric for Apple (AAPL) in the quarter that ended two weeks ago …

More: Between the Lines Blog, iDownloadBlog.com and App Advice

Staci D. Kramer / paidContent:

Netflix CEO calls out Comcast on net neutrality — When most Comcast subscribers complain, it's a blip. When the CEO of Netflix vents to his 120,000 subscribers on Facebook, it's a salvo. Reed Hastings doesn't agree with Comcast's approach to net neutrality and caps — and he wants everyone to know it.

More: VentureBeat, DSLreports, Gizmodo, WebProNews, USA Today, Geekosystem, CNET, Pulse2 Technology …, Broadband Traffic Management, SlashGear, Techland, The Verge, AllThingsD, TechCrunch and Reed Hastings. Tweets: @pkafka

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