Techmeme
May 4, 2012, 1:10 PM

Top News

Kara Swisher / AllThingsD:
Yahoo's Board Will “Review” Resume Discrepancy of CEO  —  Yahoo just released a statement that its board will “review” today's revelation that the bio of its CEO Scott Thompson contained an error related to his educational achievements and will make “appropriate disclosure” about what happened.
Michael Arrington / Uncrunched:
Dustin Curtis:
Facebook's numbers  —  I like to look at raw numbers every once in a while, without external influence, to recalibrate my ability to judge the magnitude of things.  Here are some of the numbers from Facebook's most recent S-1 filing (published on May 2nd) that I think are important as metrics …
Bloomberg:
Facebook at 99 Times Profit Exceeds 99% of S&P 500 Index  —  Facebook Valuation Could Rise Higher on Road Show  —  Facebook Inc. (FB) is betting its growth prospects will persuade investors to pay 99 times earnings for its initial public offering, a higher multiple than 99 percent of companies in the Standard & Poor's 500 Index.
Anand Lal Shimpi / AnandTech:
The iPad 2,4 Review: 32nm Brings Better Battery Life  —  When Apple launched the 3rd generation iPad (as the new iPad), it also dropped the price of the entry-level 16GB WiFi iPad 2 to $399.  Apple's products tend to hold their values exceptionally well, so this two-tablet strategy made sense.
Jay Yarow / Business Insider:
LinkedIn Is Buying SlideShare For $119 Million  —  LinkedIn just announced plans to buy SlideShare for $119 million.  It will be 45% cash and 55% stock.  Here's what CEO Jeff Weiner said in a press release explaining the move: “Presentations are one of the main ways in which professionals capture …
Ben Kersey / SlashGear:
Carl Franzen / TPM IdeaLab:
How OpenStreetMap Got Apple To Give It Due Credit  —  Apple has finally given credit where credit was due: To OpenStreetMap, a crowdsourced world map that Apple recently began using in its iPhoto app without proper attribution.  —  “Apple attributes OSM in iPhoto,” OpenStreetMap's official …
Diego Basch / Diego Basch's Blog:
A Relevant Tale: How Google Killed Inktomi  —  On March 20th, 2000 Inktomi had a market capitalization of 25 billion dollars.  As a relatively early employee, I was a multimillionaire on paper.  Life was good.  In the next year and a half the stock went down by 99.9%.  In the end, Inktomi was acquired by Yahoo for 250M.
David Kravets / Wired:
Feds Seized Hip-Hop Site for a Year, Waiting for Proof of Infringement  —  Federal authorities who seized a popular hip-hop music site based on the assertions from the Recording Industry Association of America that it was linking to four “pre-release” music tracks gave it back more than a …
Keach Hagey / Wall Street Journal:
Huffington's Role Shrinks at AOL  —  Executive Says Shift Will Free Her to Focus on Her Namesake News Site as It Gears Up to Expand Abroad  —  Arianna Huffington acknowledged Thursday that her portfolio at AOL Inc. is being scaled back to include only the Huffington Post …
Jeremy Wagstaff / Reuters:
In a Samsung Galaxy far, far away ... will Android still rule?  —  (Reuters) - Samsung Electronics is the world's largest smartphone manufacturer and biggest user of Google's Android operating system.  —  And, for some, that's the problem.  —  Samsung's meteoric rise …
Brooke Crothers / CNET:
Heads up, Intel: TSMC cranks up ARM chip to 3GHz  —  ARM Cortex A9.  —  (Credit: ARM)  —  Taiwan Semiconductor Manufacturing Company has ripped a page right out of the Intel playbook.  —  TSMC announced today that a chip rolling off its advanced 28-nanometer manufacturing process …
David Goldman / CNNMoney.com:
Verizon reps push 4G Android over iPhone  —  NEW YORK (CNNMoney) — Want to buy an iPhone?  Verizon would really, really like you to consider an alternative.  —  Anecdotal evidence is stacking up on chat forums and other outlets from people who say that Verizon Wireless' sales representatives …

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Jeremy Horwitz / iLounge: