April 23, 2012, 12:25 PM

Top News

Ina Fried / AllThingsD:
Facebook Paying Microsoft $550 Million To Get its Hands on Hundreds of Former AOL Patents  —  Microsoft and Facebook are about to announce a deal with the social networking giant paying Redmond $550 million for access to more than 600 patents, AllThingsD has learned.
Ben Horowitz / ben's blog:
Instagram … Two years ago we invested $250,000 in Instagram.  Thanks to the spectacular vision and effort of Kevin Systrom and the Instagram team, the investment will be worth $78,000,000 when the Faceboook acquisition closes.  The work that Kevin and team did will go down as legend in the industry and we thank them immensely.
Leo Kelion / BBC:
Intel's Ivy Bridge chips launch using ‘3D transistors’  —  Intel's new Ivy Bridge processors use a new tri-gate transistor technology to boost processing power while reducing the amount of energy needed  —  Intel is launching its Ivy Bridge family of processors - the first to feature what it describes as a “3D transistor”.
Sherry Turkle / New York Times:
The Flight From Conversation  —  WE live in a technological universe in which we are always communicating.  And yet we have sacrificed conversation for mere connection.  —  At home, families sit together, texting and reading e-mail.  At work executives text during board meetings.
Frederic Lardinois / TechCrunch:
Adobe Officially Unveils CS6 And Its $49/Month All-Inclusive Creative Cloud Subscription Service  —  Today is a big day for Adobe.  Not only is the company officially unveiling the next versions of virtually all of the applications in its Creative Suite, but Adobe is also launching its Creative Cloud online offerings.
L. Gordon Crovitz / Wall Street Journal:
Justice Department Bites Apple  —  The 30% revenue-share model is the company's standard practice, not the product of a conspiracy.  —  'I don't think you understand.  We can't treat newspapers or magazines any differently than we treat FarmVille.  With those words, senior Apple executive Eddy Cue stuck …
Max Zachariades / TechCrunch:
Frustration, Disappointment And Apathy: My Years At Microsoft  —  Editor's Note: This Guest post is written by Max Zachariades, who spent the last five years at Microsoft in various roles.  He blogs under the name Max Zografos.  —  I first used Windows on a TULIP portable computer, some twenty years ago.
More: Seattle Times and CNETTweets: @jayrosen_nyu
Ken Auletta / New Yorker:
Will Stanford and Silicon Valley Transform Education?  —  Stanford University is so startlingly paradisial, so fragrant and sunny, it's as if you could eat from the trees and live happily forever.  Students ride their bikes through manicured quads, past blooming flowers and statues by Rodin …
More: Betabeat and Ezra Klein
Nick Bilton / Bits:
Google and Facebook Grow Comfortable and Complacent  —  Google and Facebook, young and successful companies that they are, risk being left behind as technology shifts from PCs and Web browsers to mobile devices.  —  Earlier this month, when Google showcased a new design for Google Plus …
More: BetabeatTweets: @bmorrissey, @ywxwy and @nickbilton
Rip Empson / TechCrunch:
Read Offline: Automatically Downloads Your News Whenever You Leave Home  —, the newsreader app hatched in The New York Times' R&D lab and incubated at betaworks, today added a nifty feature to its new iPhone app, which gives readers instant access to their news offline — whenever they leave the house.
More: TeleRead
Benjamin Jackson / The Next Web:
In its 3rd year, Kickstarter successfully raises over $119 million, taking home $6 million in commission  —  It's easy to root for Kickstarter.  The company has made it possible to bring new, innovative products to market and finance projects that would never get off the ground before the popularization of crowdfunding.
Tom Warren / The Verge:
SkyDrive for Windows app to launch alongside new paid storage options in the coming weeks  —  Microsoft is preparing to unveil and release its SkyDrive desktop application for Windows in the coming weeks.  That's the word from several sources close to the company's plans …

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