Techmeme
April 19, 2012, 12:00 PM

Top News

Daniel Cooper / Engadget:
Nokia's Q1 2012 financials: $9 billion sales can't stop a $1.7 billion loss  —  Nokia's released the bundle of spreadsheets that comprise its 2012 Q1 financials, just a week after it promised it would make a loss, despite bullish sales of the new Lumia 900.  The numbers reveal that the company …
Alexia Tsotsis / TechCrunch:
Facebook Targets May 17th For IPO Date  —  This just in: According to multiple sources close to the company, Facebook is eying IPO on May 17th — depending on whether the SEC agrees that all the reams of paperwork (including those concerning its recent acquisition of Instagram) are in order.
Ina Fried / AllThingsD:
Joshua Schnell / Macgasm:
Apple Now Giving Away Snow Leopard To MobileMe Customers For Free  —  Haven't upgraded to Lion or iCloud because you still haven't forked out money for Snow Leopard yet?  No worries, Apple has your back.  Apple is now giving away Snow Leopard to potential iCloud customers.
Chris Ziegler / The Verge:
Galaxy S II successor to have quad-core processor with ‘superlative’ benchmarks, will be shown on May 3rd  —  Though it's already been broadly assumed that Samsung's “Next Galaxy” event in London early next month would be for the hotly anticipated Galaxy S II successor …
Ryan Kim / GigaOM:
Forget the money: Kickstarter turns Pebble into a platform  —  By now, you've probably seen the soaring funding numbers put up by Pebble, the e-paper smartwatch that has broken records as the biggest Kickstarter project to date with $4.7 million raised.  It's an amazing showing for the watch …
Avram Piltch / LAPTOP Mag:
HTC One S (T-Mobile) Review  —  One of the best looking phones we've ever had the pleasure of using, the HTC One S features an attractive gunmetal gray chassis with subtle curves at the top and bottom of the device.  Anodized aluminum material allows the back, sides and outer bezel …
Jonathan Stempel / Reuters:
Apple, Google fail to dismiss poaching lawsuit  —  (Reuters) - Apple Inc, Google Inc, Intel Corp and four other technology companies were ordered by a judge to face an antitrust lawsuit claiming they illegally agreed not to poach each other's employees.  —  District Judge Lucy Koh in San Jose …
More: 9to5Mac and 9to5Google
Larry Dignan / ZDNet:
Intel's first smartphone arrives...in India  —  Summary: Intel said Lava International has launched the XOLO X900.  The device will launch April 23 in India and be sold through Croma, a big retail chain in India.  —  Intel made good on its promise to launch its first smartphone this week and dropped a bit of a surprise.
Rip Empson / TechCrunch:
With Help From Facebook Timeline, Viddy Becomes Top Free iPhone App  —  With the skyrocketing popularity and billion-dollar sale of Instagram, there's an ongoing race to apply Instagram's wildly successful photo sharing model to mobile video.  There are a number of startups vying to claim the …
More: CNET
Aaron Souppouris / The Verge:
YouTube revamps audio editing suite, now includes over 150,000 backing tracks  —  As part of its continuing efforts to improve service — and your videos — YouTube is implementing some significant enhancements to its on-site audio editing package.  Aside from a revamping of the general UI …
AppleInsider:
Apple releases OS X Mountain Lion Developer Preview 3  —  Apple on Wednesday supplied developers with the third preview build of OS X 10.8 Mountain Lion, giving developers a chance to test out the latest version of the prerelease software.  —  According to people familiar with the latest build …
Julie Bort / Business Insider:
These Guys Are Making Over $1,000 A Day On Windows Phone Game  —  Here's a great success story for Windows Phone 7.  —  A year ago, FourBros Studio launched a free Windows Phone game called Taptitude.  As of today, the company has pulled in over $100,000 of revenue on the game, with more than 300,000 users.
More: Taptitude
Leena Rao / TechCrunch:
Enterprise Data Software Company Splunk Prices IPO At $17 Per Share; Valued At $1.6B  —  Splunk, an enterprise data company, will be making its debut on the public markets this morning after pricing its IPO at $17.00 per share (this is up from the range of $11 to $13 per share).
Scott Lowe / The Verge:
Game consoles consumed nearly 70 percent of their energy idling in 2010, study finds  —  A new study from a group of researchers at Carnegie Mellon University estimates that that roughly 68 percent of all energy consumed by game consoles in 2010 was spent in idle mode, wasting 10.8 TWh of energy …
More: BuzzFeed and CNET
Julie Bort / Business Insider:
San Francisco's Newest Accelerator Will Tackle This $172 Billion Market  —  Want to hear from top startups like Fab.com and Lot18?  And NY's top investors?  Join 800 innovation junkies at the Startup conference on May 3, 2012.  Register now.  —  There's a new accelerator in a town.
David McLaughlin / Bloomberg:
Sprint Sued for $300 Million by New York Over Alleged Tax Fraud  —  Sprint-Nextel Corp. (S) was sued for more than $300 million by the New York attorney general's office over claims the third-largest U.S. wireless carrier deliberately didn't pay sales taxes for seven years.
Ingrid Lunden / TechCrunch:
WPP Makes Big Leap Into E-Commerce, Leads On $10 Million mySupermarket Investment  —  The media and advertising giant WPP is taking a big step into e-commerce and how it can use it to leverage its other digital investments: today it has announced that it is investing $7 million …
Enigmax / TorrentFreak:
ISPs Have to Identify Alleged Pirates, EU Court Rules  —  Not long after Sweden's controversial IPRED legislation became law in 2009, five book publishers handed a request for information to a local court.  —  The rightsholders, represented by anti-piracy group Antipiratbyrån …
Quentin Hardy / Bits:
Cisco Announces Its $850 Million Spin-In  —  Cisco has notified its employees that it has funded an advanced networking startup, called Insieme, with $100 million, with the right to eventually buy the company for as much as $750 million more.  —  As reported in Bits last month Insieme …
More: Wired
Vlad Savov / The Verge:
Digital ecosystems: an in-depth comparison  —  Putting the six biggest digital ecosystems to the test to find out who excels where There was once a time when the business of consumer technology was conducted with tangible goods.  You bought a thing, whether it was a Sony VCR or a Sega console …
Matt Brian / The Next Web:
Spotify overhauls its Android app to add ICS support, new design, increased social and more  —  Whilst many Spotify users' focus is on when the company will launch its new iPad application, the Swedish company has today announced that it has completely overhauled its Android application …

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Grant McCool / Reuters: