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April 16, 2012, 2:20 PM
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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.
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.
More: CNET
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.
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 …
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.
Dan Frommer / ReadWriteWeb:
Why Facebook Terrifies Google  —  Google is still the biggest, baddest online advertising company on the planet.  Its $2.9 billion profit last quarter, announced yesterday, was almost as much as Facebook's revenue for all of 2011.  —  But Facebook has something important that Google doesn't …
Nick Hopkins / Guardian:
US and China engage in cyber war games  —  Exclusive: US and Chinese officials take part in war games in bid to prevent military escalation from cyber attacks  —  The US and China have been discreetly engaging in “war games” amid rising anger in Washington over the scale and audacity …
More: TG Daily
Leena Rao / TechCrunch:
SEC Filing: First Round Capital Raising $135 Million For New Fund  —  From a recent SEC filing, it looks like early stage investment firm First Round Capital is raising $135 million for a new fund, First Round Capital IV, L.P. Managing partners Josh Kopelman, Chris Fralic …
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 …
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.
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.
Rachel King / Between the Lines Blog:
Oracle v. Google: What's at stake  —  Summary: Oracle and Google are finally going to trial after two years of litigation, but what's really at stake here for these two Silicon Valley giants?  —  Oracle's patent infringement lawsuit against Google is finally set to go to trial …
Tom Warren / The Verge:
Leaked Office 15 video hints at cloud features of next Microsoft Office suite  —  A new video leaked to the internet today appears to reveal that Microsoft is preparing a cloud-centric version of Microsoft Office.  Dubbed Office “15”, the software is currently available to a select amount …
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
Zee / The Next Web:
Massive Health CEO and Co-Founder Sutha Kamal departs company.  Co-Founder Aza Raskin succeeds him.  —  Massive Health, a start-up with huge ambitions to revolutionize health care, has made some significant internal changes.  —  The company's co-founder and CEO, Sutha Kamal …
Thanks:@bradmccarty
Eric Mack / CNET:
Raspberry Pi $35 mini system starts shipping  —  The credit card-sized Linux system is being delivered to first 10,000 customers worldwide this week.  Raspberry Pi, the $35 Linux system about the size of a credit card, is fully baked and ready to eat... er, ship.

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

More News

Earlier Picks

Staci D. Kramer / paidContent:
Netflix CEO calls out Comcast on net neutrality
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