May 16, 2012, 5:30 PM

Top News

Wall Street Journal:
Apple Moves Toward Larger iPhone Screens … As Apple prepares for a launch of a new iPhone later this year, people familiar with the situation say the company is planning for a larger screen.  Above, the Apple store in Hong Kong.  —  HONG KONG—Apple Inc., which is expected to launch …
Sue Marek / FierceWireless:
Verizon will kill ‘grandfathered’ unlimited data plans, push users to data share  —  Verizon Wireless (NYSE:VZ) plans to eliminate the $30 per month unlimited data plan that it still provides to 3G customers who were “grandfathered” into the plan because they were data customers prior …
Amit Singhal / The Official Google Blog:
Introducing the Knowledge Graph: things, not strings  —  Search is a lot about discovery—the basic human need to learn and broaden your horizons.  But searching still requires a lot of hard work by you, the user.  So today I'm really excited to launch the Knowledge Graph …
Danny Sullivan / Search Engine Land:
Google Launches Knowledge Graph To Provide Answers, Not Just Links  —  Hinted at for months, Google formally launched its “Knowledge Graph” today.  The new technology is being used to provide popular facts about people, places and things alongside Google's traditional results.
Samsung loses $10 billion market value on Apple order report  —  (Reuters) - Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant's market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida.
Dan Primack / Fortune:
Facebook increases IPO size (again)  —  Facebook adds 25% more shares.  —  FORTUNE — Facebook has significantly increased the size of its initial public offering, just two days before it is expected to begin trading on the NASDAQ.  —  According to an amended registration document …
Yoni Appelbaum / The Atlantic Online:
How the Professor Who Fooled Wikipedia Got Caught by Reddit  —  T. Mills Kelly encourages his students to deceive thousands of people on the Web.  This has angered many, but the experiment helps reveal the shifting nature of the truth on the Internet.  —  A woman opens an old steamer trunk …
Ben Popper / The Verge:
Bitly readies real-time viral search engine, raises $20 million in new funding  —  Bitly, a New York company that lets users shorten, share, and track URLs, is raising around $20 million in a new round of funding, we have learned from multiple sources.  That's twice the amount the company raised …
More: VentureBeat and TechCrunchThanks:@benpopper
Eric Slivka / MacRumors:
Steven Musil / CNET:
Virgin Atlantic launches in-flight cell use  —  In-flight cell service will be available on Virgin Atlantic's Airbus A330.  —  (Credit: Virgin Atlantic)  —  Virgin Atlantic will soon allow passengers to use their cell phones during flights, but don't expect your phone-free fuselage to be replaced with coffeehouse clatter.
Nick Wingfield / Bits:
In TV Race, Microsoft Has Lead, Forrester Says  —  When it comes to the underlying technology providers that matter for mobile app developers, there's Google, Apple and everyone else.  Microsoft is one of the companies trying to claw its way out of the everyone else category.
Ryan Lawler / TechCrunch:
Electric Imp Raises $7.9M From Redpoint & Lowercase Capital To Power The Internet of Things  —  One trend we've been tracking is the “Internet of Things” — the idea that at some point, all devices will be intelligent and connected, allowing for things like whole home automation.
Larry Dignan / CNET:
Netflix: Disgruntled customers rejoining service  —  A third of Netflix's new customers are people who quit the service and signed up again in less than a year, says the company's CFO at an investor conference.  A Netflix executive said today the company has taken its brand hit for pricing changes last year …
Mike Isaac / AllThingsD:
In the Race to Win Social Video, Is One App Gaming the System Too Much?  —  There's a popular maxim in Silicon Valley: Find your user base and the revenues will come later.  —  For a while, it seemed to be the easiest way for a founder to explain his or her way out of a proper business model.
More: BetaKit and GigaOMThanks:@mikeisaac
Ingrid Lunden / TechCrunch:
Gartner: Q1 2012 Phone Sales Declined 2%, Dragged Down By Asia-Pacific.  Samsung Leads All  —  Sign of a maturing marketing flattening out, a lack of compelling devices, or a contraction in the economy?  Gartner today released figures that note that worldwide sales of mobile phones were actually …

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