Techmeme
May 5, 2012, 12:30 PM

Top News

Brian X. Chen / Bits:
AT&T Chief Regrets Offering Unlimited Data for iPhone  —  When Randall Stephenson, AT&T's chief executive, spoke about the state of the wireless industry at a conference this week, he shared some surprisingly frank comments about the iPhone.  In particular, he said that he wished the company …
Kara Swisher / AllThingsD:
Yahoo's Thompson Asks Employees to “Stay Focused” — Except Not on Him  —  Of course, the Yahoo internal memo for the Yahoo internal crisis of the week!  —  Here is CEO Scott Thompson's email today to employees about the controversy around the fact that he does not have a computer science degree …
Wall Street Journal:
Resume Trips Up New Yahoo Chief  —  Hedge fund Third Point LLC continued its attack against Yahoo Inc.'s management, calling for the immediate termination of Chief Executive Scott Thompson amid admitted inaccuracies in his academic credentials.  —  Third Point, which owns about 5% of Yahoo …
Alexia Tsotsis / TechCrunch:
Facebook Buys Location-Based Discovery App Glancee  —  A little under one month after its acquisition of Instagram, Facebook has acquired Highlight competitor and ambient location app Glancee.  —  The social network has already shut down the developer's passive location app and all three co-founders …
Sarah Perez / TechCrunch:
Hachi Combines LinkedIn, Facebook, Twitter & Google Into One, Lets You Search All Your Connections At Once  —  OK, this is cool.  A new networking utility called Hachi is taking some of the best functionality offered by LinkedIn (searching by name, company, title, etc. and seeing …
Thanks:@theparida
Dan Goodin / Ars Technica:
Emergency Flash update fixes security bug being used to hijack PCs  —  Adobe has released an emergency update for its Flash Player that fixes a security bug that's being actively exploited to hijack Windows computers running the ubiquitous software.  —  The “object confusion vulnerability” …
Sarah Lacy / PandoDaily:
Sequoia Confirms Existence of “Stealth” Scout Program.  Who's Next?  —  On Wednesday we uncovered a potentially worrying trend of VCs investing in very early stage companies by giving money to network rich, cash poor entrepreneurs — or “scouts.”  —  Ostensibly, the trend has a lot of advantages for the investors involved.
Shibani Mahtani / Wall Street Journal:
The Other Facebook Founder  —  Atop $2 Billion Fortune, Eduardo Saverin Gave Up Silicon Valley for Singapore's Tech, Society Scene  —  SINGAPORE—Facebook Inc. founder Mark Zuckerberg is one of the most famous chief executives in the world.  His former business partner and friend, Eduardo Saverin, is big in Singapore.
More: Techi.com
Mike Masnick / Techdirt:
White House Reiterates Plans To Veto CISPA In Its Current Form; Though For The Wrong Reasons  —  As I'm sure you remember, the House passed CISPA with a few amendments — some of which may have limited the possible abuses, while at the same time expanding the scope.
Jacob Aron / New Scientist:
Touché brings touch control to everyday things  —  Forget smartphones or tablets - the future of touch control could be doorknobs, furniture or even your own body.  Researchers at Disney Research in Pittsburgh, Pennsylvania, have created Touché, a system that can detect a variety of touch gestures on everyday objects.
Chris Kanaracus / Computerworld:
Oracle wants ex-Sun CEO Schwartz's testimony barred in Google suit  —  The move comes as jurors deliberate over whether Google violated Java copyrights, as part of the trial's first phase  —  Oracle has asked a judge to bar Google from using testimony given by former Sun Microsystems CEO Jonathan Schwartz …

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Sara Forden / Bloomberg: