Techmeme
May 13, 2012, 4:05 PM

Top News

Kara Swisher / AllThingsD:
Exclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion  —  Yahoo's embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science degree …
Mike Isaac / AllThingsD:
Will Thompson's Ouster Mean a Yahoo-Facebook Patent Settlement Too?  —  As the freshly crowned CEO of Yahoo in January, Scott Thompson initiated a series of dramatic acts to get the company back on track.  The most notable was to make the boldest — or most boneheaded — move the head of Yahoo could make …
Tweets: @evelynrusli
Yahoo! Pressroom Home:
Yahoo! Names Fred Amoroso Chairman and Appoints Ross Levinsohn Interim CEO  —  Board Announces Settlement with Third Point LLC  —  SUNNYVALE, Calif. — Yahoo! Inc. (NASDAQ: YHOO) today announced that the Board of Directors has named Fred Amoroso as Chairman of the Board of Directors …
More: AllThingsD and CNET
Nick Bilton / Bits:
Disruptions: Facebook's Real-Life ‘Spidey Sense’  —  Imagine if you had a superpower that would allow you to peer into the future of the Internet?  It's a pretty nerdy power compared to Spider-Man's web-slinging, but you could use this superhuman ability to see what would be popular soon, and in some instances, change the future.
Ernesto / TorrentFreak:
Microsoft Funded Startup Aims to Kill BitTorrent Traffic  —  Hollywood, software giants and the major music labels see BitTorrent as one of the largest threats to their business.  —  Billions in revenue are lost each year, they claim.  But not for long if the Russian based startup “Pirate Pay” has its way.
Andy Greenberg / The Firewall:
HBO's ‘Game Of Thrones’ On Track To Be Crowned Most Pirated Show Of 2012  —  Brace yourselves, HBO.  The pirates are coming.  —  With its popularity swelling and no easy way to watch for viewers without cable, HBO's hit series “Game of Thrones” is inspiring massive levels of piracy …
Matt Brian / The Next Web:
German TV maker Loewe denies Apple acquisition rumour, says report has “absolutely nothing to it”  —  Following an AppleInsider report that hit last night stating that Apple was in talks to acquire the company, German TV maker Loewe has today officially denied rumours of a $113 million buyout …
Mark Gurman / 9to5Mac:
Apple changes name of ‘iPad WiFi + 4G’ to ‘iPad WiFi + Cellular’ in many countries following international criticism  —  Top image was taken today, bottom image from May 9th (Apple Online Store)  —  Following a string of complaints across the globe (notably in Australia and the United Kingdom) …
Jeff John Roberts / GigaOM:
Expect a 6 month freeze on Facebook's Instagram acquisition  —  A former U.S. Department of Justice lawyer and antitrust expert says Facebook's purchase of photo-sharing site Instagram will take between four months and one year to clear regulatory hurdles.  In the meantime, the deal is effectively on hold.
Wall Street Journal:
LiqhtSquared Moves Toward Bankruptcy  —  Hedge-fund manager Philip Falcone's LightSquared Inc. venture is preparing for a potential bankruptcy-protection filing, as negotiations with lenders to avoid a potential default faltered, according to people familiar with the matter.
Jon Russell / The Next Web:
Baidu to rival Android and iOS in China with cloud-centric smartphone platform  —  Chinese Internet giant Baidu is set to make a move to rival Google and others in China's smartphone market with the upcoming launch of ‘Baidu Cloud’, a smartphone platform that integrates with its cloud-based storage service and other Web products.

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