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May 7, 2012, 12:50 PM
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Top News

Alexander Sliwinski / Joystiq:
Microsoft Stores offering $99 Xbox 360 with contract now  —  The rumored $99 up front Xbox 360 and $15 a month afterwards for two years is official.  It includes a Kinect, Xbox Live Gold service, a two-year warranty.  —  [developing]
More: Engadget and Kotaku
Monica Chen / DigiTimes:
Apple reportedly to release US$799 MacBook Air in 3Q12  —  Apple is reportedly considering responding to the upcoming second-generation ultrabooks by launching a US$799 MacBook Air in the third quarter of 2012, according to sources from the upstream supply chain.
Erica Ogg / GigaOM:
Apple making a $799 Air in fear of ultrabooks?  Nope.  —  With the next iPad model at least a year away and the next iPhone a few months off, the Apple rumor mill is pondering a new Apple product line: the MacBook Air.  On Monday, Digitimes reports that Apple is considering selling a MacBook Air for $799 …
Chee Chew / The Official Google Blog:
Google+ Hangouts On Air: broadcast your conversation to the world  —  Last year we introduced Hangouts On Air to a limited number of broadcasters, enabling them to go live with friends and fans, for all the world to see.  Since then, this small community has grown the feature in lots of creative ways.
Miyoung Kim / Reuters:
LG Electronics to launch Google TV in U.S. in late May: executive  —  (Reuters) - LG Electronics Inc, the world's No.2 TV maker, plans to launch Internet-enabled TV based on Google's platform in the United States in the week of May 21, as the South Korean firm seeks to gain a larger share …
Kara Swisher / AllThingsD:
Loeb Lobs Lawsuit, As Expected, at Yahoo's Borked Bio Mess  —  Botched CEO bio.  Activist shareholder.  Screwy board of directors.  Mix it all together and what do you get?  —  More legal filings, natch!  —  Here you go:  —  Third Point May 7 Demand Letter Release
Jason Pontin / Technology Review:
Why Publishers Don't Like Apps  —  The future of media on mobile devices isn't with applications but with the Web.  —  By the time Apple released the iPad in April of 2010, just four months after Steve Jobs first announced his “magical and revolutionary” new machines in San Francisco …
Nick Bilton / Bits:
Disruptions: Indiscreet Photos, Glimpsed Then Gone  —  People once took photographs so they could capture a moment for themselves and keep it forever.  Then digital cameras and cellphones turned photos into something more ephemeral and more easily shared.  But as the case of Anthony Weiner demonstrated …
More: The Next Web, Gizmodo and USA Today.  Tweets: @hunterwalk
Peter Kafka / AllThingsD:
Google Gets Deeper Into the Content Business, by Putting Money Into Machinima  —  Google has been handing out money to video makers so they'll make more stuff for YouTube.  Now it's putting money into a video maker itself.  —  The search giant is set to invest in Machinima …
Martin Bryant / The Next Web:
Evernote acquires iPad app Penultimate to boost its handwriting recognition capabilities  —  Fresh from its $70m funding round last week, note-taking service Evernote is looking to expand its handwriting recognition capabilities with the announcement today that it has acquired San Francisco …
Liz Gannes / AllThingsD:
Color's Plan C (Or Is It B.5?):  Becoming Verizon's Live Mobile Video Partner  —  Color, the famously overfunded social app shop, is still looking for its first big hit.  But the company has found a way to get some help, with a deal with Verizon Wireless to pre-install Color on some of its Android smartphones.
Jordan Crook / TechCrunch:
AT&T Introduces Digital Life: IP-Based Home Automation And Security System With 24/7 Monitoring Centers  —  AT&T has just announced a new security and home-automation system called Digital Life, which will be an IP-based platform that allows users to monitor and detect activity throughout …
John Pletz / Chicago Business:
Google makes plans to move Motorola Mobility to Chicago  —  (Crain's) — Google Inc. is shopping for more than 500,000 square feet of office space downtown for Motorola Mobility Holdings Inc. once it completes its $12.5 billion takeover of the mobile phone maker.
Emil Protalinski / ZDNet:
Paul Ceglia sanctioned in Facebook lawsuit, has two weeks to pay  —  Summary: Paul Ceglia has so far been fined $97,617.70: $5,000 to the court and $92,617.70 to Facebook's lawyers.  He now has two weeks to pay the amount, or show that he does not have the means.
Natalie Apostolou / The Register:
Pirate island attracts more than 100 startup tenants  —  Green-card-free startup ship off closer to international waters  —  Over 100 international tech companies have registered their interest in the floating geek city, Blueseed, which will be launched next year in international waters outside of Silicon Valley.
Zach Epstein / BGR:
AT&T to launch $49.99 Focus 2 Windows Phone on May 20th  —  Samsung and AT&T on Monday announced the Samsung Focus 2, a budget-friendly Windows Phone launching on May 20th for just $49.99 on contract.  The handset features a 4-inch Super AMOLED display, a 5-megapixel camera, Windows Phone 7.5 and 4G LTE connectivity.
Eric Slivka / MacRumors:
Apple Seeks to Gain Control of iPhone5.com Domain  —  While there has been much debate about whether Apple will refer to the next-generation iPhone as “iPhone 5”, “iPhone 6”, simply “iPhone”, or something else entirely, Fusible notes that Apple has filed a claim with the World Intellectual …

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From Mediagazer

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

Jennifer Schuessler / New York Times:
PEN America cancels its 2024 literary awards ceremony, set for April 29, after months of protests over the organization's response to the war in Gaza

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

More News

Ingrid Lunden / TechCrunch:
Rovio's Big Year: Angry Birds Helps Gaming Company Soar To $106M In Sales, 648M Downloads

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