May 14, 2012, 10:35 PM

Top News

Mark Gurman / 9to5Mac:
Apple readies revamped 15-inch MacBook Pro: Retina Display, ultra-thin design, and super-fast USB 3  —  Mockup: New, thinner MacBook Pro on the left.  Current model on the right.  —  Apple is putting the finishing touches on an entirely new 15-inch MacBook Pro that is the outcome of years …
Apple Said to Prepare Thinner Mac Laptops Sporting Intel Chips  —  Apple Inc. (AAPL) is preparing a new lineup of thinner MacBook laptops running on more powerful chips made by Intel Corp. (INTC), people with knowledge of the plans said.  —  The MacBook Pro machines, to be unveiled …
Jessica E. Vascellaro / Wall Street Journal:
Apple Preparing Upgrade to iCloud  —  Apple Inc. is preparing an upgrade of its online service iCloud that includes new photo-sharing features, according to people familiar with the matter.  —  The new features, expected to be announced at Apple's world-wide developer conference beginning June 11 …
Kara Swisher / AllThingsD:
Investors Told Facebook IPO Will Be in $34 to $38 Price Range  —  According to several sources close to the situation, investors are being told that the IPO price range for Facebook will be from $34 to $38 a share.  —  That means the highest valuation will be just over $100 billion, fully diluted.
David Cohen / AllFacebook:
Interested In Buying One Share Of Facebook Stock?  —  Buying one share of a stock will not lead to extensive financial gains or losses, but for those interested in a collectible from Facebook's Friday initial public offering, the social network will issue paper stock certificates, according to its IPO filing.
Othman Laraki / Twitter Blog:
The best of Twitter in your inbox  —  Starting today, you can discover the best of Twitter in a weekly email digest delivered to your inbox.  This summary features the most relevant Tweets and stories shared by the people you're connected to on Twitter.  —  Stories feature a design similar …
Michael Bathon / Bloomberg:
LightSquared, Failed Wireless Venture, Files for Bankruptcy  —  LightSquared Inc. filed for bankruptcy after its plan to deliver high-speed wireless to as many as 260 million people ran afoul of U.S. regulators.  LightSquared, based in Reston, Virginia, listed debt and assets …
Brian X. Chen / Bits:
Head of Time Warner Cable Is Unfamiliar With Apple's AirPlay  —  AirPlay, a software tool included with Apple's iPads and iPhones, is widely viewed as being potentially disruptive to the cable industry, because it makes it easy for people to view a broad variety of Internet content on a television.
Harry McCracken / Techland:
Fact-Checking Digitimes, the Taiwanese Apple Rumor Source That Keeps Crying ‘Wolf!’  —  “It's key to note that the DigiTimes has a hit-or-miss track record for nailing predictions....”  —  “Digitimes has a spotty track record with regard to Apple rumors...”
Alistair Barr / Reuters:
Groupon makes first profit, shares surge  —  Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher.  The fledgling company started by music graduate Andrew Mason …
Josh Constine / TechCrunch:
Facebook Takes A Cue From Instagram, Redesigns Mobile To Make News Feed Photos 3X Larger  —  If you're sick of interrupting your news feed reading to open and load photos, you'll like a new Facebook mobile site, iOS, and Android app redesign rolling out today that makes photos three times larger.
Paul Thurrott's / SuperSite for Windows:
Windows 8 Pro PC Upgrade Cost Is Just $15  —  A coming Microsoft promotion will provide Windows 8 Pro to buyers of Windows 7-based PCs for just $14.99, according to my sources.  The promotion begins June 2, and was first reported by my Windows Weekly cohost Mary Jo Foley.
Miguel Bustillo / Wall Street Journal:
Best Buy Founder to Step Down in Wake of Inquiry  —  Best Buy Co. founder Richard Schulze will step down as chairman next month after an internal probe found that he didn't alert other directors that his handpicked successor as chief executive, Brian Dunn, was allegedly having an inappropriate relationship with a female employee.
Laura Hazard Owen / paidContent:
As 17 more states join class action against book publishers and Apple, new details revealed  —  New York, the District of Columbia and fifteen other states have joined the e-book pricing class action suit against Apple, Macmillan and Penguin, bringing the total number of states involved so far to 31 (if you include DC and Puerto Rico).
Todd Bishop / GeekWire:
Aviary debuts photo-editing SDK for Windows Phone  —  Aviary, the photo-editing technology company backed by investors including founder Jeff Bezos, today rolled out its new software development kit for Windows Phone apps, aiming to establish a beachhead on Microsoft's nascent mobile platform.
Jake Smith / 9to5Mac:
Apple releases update to Leopard, includes Flashback removal tool  —  While Apple has released updates for both Lion and Snow Leopard to remove the Flashback malware that's been making its rounds, until today, the company hadn't released a fix for Leopard.  However, this afternoon Apple released …
Rocky Agrawal / VentureBeat:
AmEx's new local offers pose threat to Groupon  —  American Express is releasing a new version of its iPhone app today that lets users find offers at nearby businesses.  The new feature, dubbed “My Offers,” represents a threat to Groupon, which has tried to entice merchants to market through its mobile product, Groupon Now.
More: Mashable! and GigaOM
Megan Geuss / Ars Technica:
Dawn of a new wireless: first 802.11ac router available today  —  Texas-based networking company Buffalo announced its first 802.11ac wireless router and wireless media bridge are available today for retail purchase.  The two networking products are backwards compatible with 802.11n devices …
Frederic Lardinois / TechCrunch:
Social Talent Management Solution SilkRoad Secures $35M Series C Round, Preps For Potential IPO  —  Online human resources and social talent management solution SilkRoad just announced that it has raised a $35 million Series C financing round.  The investors in this round include …

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