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May 2, 2012, 8:35 PM
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Tom Warren / The Verge:
Exclusive: $99 Xbox 360 + Kinect bundle launching next week with two-year subscription  —  Microsoft is planning to launch a $99 Xbox console package with a monthly subscription as early as next week, according to our sources.  The software giant will offer the 4GB console with a Kinect sensor …
Ross Miller / The Verge:
It's official: Target will phase out all Kindle-branded products this spring  —  Last night we reported on Target's plans to discontinue sale of the Kindle due to “conflict of interest,” and now the company has confirmed to us that it will, indeed, discontinue sale.
Philip Elmer-DeWitt / Fortune:
An Apple CEO-in-waiting sells 95% of his company shares  —  The head of iPhone and iPad software sold 64,151 shares Friday worth $38.7 million FORTUNE — Scott Forstall took home a chunk of change Friday.  Taking advantage of Apple's (AAPL) relatively high (but not record) share price …
Wil Wheaton / WWdN: In Exile:
Google is making a huge and annoying mistake.  —  I like Google Plus.  Some of the smartest people I've ever read are on Google Plus, and the Hangout is amazing.  —  But Google is doing everything it can to force Google Plus on everyone, and it's pissing me off.  —  Yesterday, I tried to like a video on YouTube.
David Cohen / AllFacebook:
Facebook Introduces Open Graph Action Links  —  Allfacebook Marketing Conference AllFacebook.de SocialTimes Send an anonymous tip  —  Move over, action verbs, and make way for action links, which Facebook introduced today as a way for users to interact directly with timeline applications.
John Cook / GeekWire:
Zillow to buy RentJuice for $40M in cash, posts record revenue and profits  —  Zillow is using some of its new-found cash to gobble up San Francisco's RentJuice, adding a new set of technologies that help landlords and property managers more easily keep track of properties, upload photos, manage revenue and deals.
Peter Kafka / AllThingsD:
Amazon Gets Into the Sitcom Business  —  Amazon has been stocking up its Web-video offering with lots of old TV shows.  Now it's going to start making some of its own.  —  The company is pulling back the covers (a bit) on its plans to produce kids' shows and sitcoms via its “Amazon Studios” …
Jessica Dolcourt / CNET:
Verizon's LTE-powered in-home broadband goes national  —  While Sprint and T-Mobile are struggling to launch their 4G LTE networks, Verizon apparently has enough LTE to power your devices at home.  —  Starting Thursday, Verizon's HomeFusion Broadband service will bring LTE-powered Internet access nationwide.
Stuart Dredge / Guardian:
The dark side of in-app purchases  —  Decision to make music game unplayable is controversial, but it's not the only example  —  The glory days of guitar-based music games may be firmly in the past, yet there are plenty of people still firing up Rock Band or Guitar Hero on their consoles for a nostalgic glow.
Enigmax / TorrentFreak:
Pirate Bay Enjoys 12 Million Traffic Boost, Shares Unblocking Tips  —  Last Friday the UK High Court ruled that several of country's leading ISPs must censor The Pirate Bay website having ruled in February that the site and its users breach copyright on a grand scale.
Steven Bertoni / Forbes:
The 26-Year-Old VC Who Cashed In On Instagram  —  Joshua Kushner was in Mexico in April for a family Passover trip, up late in his hotel room reading The Power Broker, Robert Caro's biography of New York City's master builder, Robert Moses, when the text message arrived from an insider.
Thanks:@joshraffel
Kim-Mai Cutler / TechCrunch:
Yelp's Post-IPO Earnings: $27.4M in Revenue, Up 66% From A Year Earlier, But Net Loss Triples  —  In its first ever earnings report as a publicly-traded company, Yelp said it earned $27.4 million in revenue, up 66 percent from the $16.5 million it made in the same time a year ago.
Jennifer Baker / PC World:
Programming Languages Not Copyrightable Rules Top EU Court  —  Europe's top court ruled on Wednesday that the functionality of a computer program and the programming language it is written in cannot be protected by copyright.  —  The European Court of Justice made the decision in relation …
Ryan Kim / GigaOM:
Pebble smartwatch gets its first app partner: RunKeeper  —  When I talked to the man behind the Pebble smartwatch, which has become the biggest Kickstarter project ever, he said what excited him about all the success was the ability to turn Pebble into an app platform.
Brendan Sasso / Hillicon Valley:
Senate to examine Obama plan for online privacy ‘bill of rights’  —  The Senate Commerce, Science and Transportation Committee will examine the Obama administration's plan to protect users' online privacy at a hearing on May 9, committee Chairman Jay Rockefeller (D-W.Va.) announced Wednesday.
Paul Sloan / CNET:
Frustrated advertisers to Facebook: Take our money — please!  —  With the social network's huge IPO getting nearer, this is the sort of news that Mark Zuckerberg doesn't need to hear just now.  With a reach approaching 15 percent of the world's population, Facebook is a thriving media business.
Sarah Perez / TechCrunch:
DEV, NYC's New Seed Fund For Digital Media Startups, Announces First Investments  —  Here comes money for media startups: former MediaNet CEO Alan McGlade and VC Michael Yang are announcing the launch of a new NYC-based firm called DEV (Digital Entertainment Ventures) whose early stage capital fund …
Jon Russell / The Next Web:
Google introduces ‘VC Office Hours’, Google+ hangouts with top Silicon Valley figures  —  Google+ is often lamented for failing to capture the attention of mainstream social network users and, almost in response to that accusation, Google is launching an interesting initiative that will see top figures …
Mary Jo Foley / CNET:
Microsoft to drop Windows Live branding with Windows 8  —  Microsoft's perpetually confusing Windows Live branding is about to get a long-overdue clean up.  —  Microsoft is doing away with the Windows Live brand, according to a May 2 post on the Building Windows 8 blog.
Kara Swisher / AllThingsD:
Silver Lake Grabs Large Minority Stake of WME to Push Digital Initiatives  —  Large private equity firm Silver Lake is buying a large stake in powerful Hollywood talent agency William Morris Endeavor Entertainment, which is being described as a way to turbocharge its digital efforts.
Mark Gurman / 9to5Mac:
OS X Mountain Lion update adds helpful ‘Do Not Disturb’ option for notifications  —  Apple's update to OS X Lion Preview 3 adds a very helpful new “Do Not Disturb” feature for notifications.  The feature is a toggle accessible at the top of Notification Center that allows users to block incoming alerts and banners.
Tero Kuittinen / Forbes:
Is the OMGPOP Acquisition Haunting Zynga?  —  Zynga's much-anticipated quarterly report was very close to being a non-event - ten minutes after the press release, the share price was within 0.3% of the close.  Yet ZNGA declined from nearly $16 to $8 between early March and late April.
Ingrid Lunden / TechCrunch:
Down, Not Out: Nokia Goes On The Offensive With 11 Lawsuits Against HTC, RIM And ViewSonic Covering 45 Patents  —  As Nokia continues to try to turn itself around as a mobile phone business, it is also playing on the offense in the legal game: today it announced that it has filed fresh round …

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From Mediagazer

Jay Rosen / Pressthink:
Jon Karl got played by a confidential source and now ABC News has a big Benghazi problem

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Bangladeshi Bloggers Face Constant Death Threats Since Arrest

Andrew Romano / The Daily Beast:
Why You're Addicted to TV

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