Techmeme
May 21, 2012, 7:25 AM

Top News

Wall Street Journal:
Nasdaq Acknowledges Troubles With Facebook Deal  —  Robert Greifeld, chief executive of Nasdaq OMX Group Inc., on Sunday acknowledged design problems with Nasdaq's technology after the exchange operator was widely seen as bungling the landmark listing of shares of Facebook Inc. on Friday.
Nina Mehta / Bloomberg:
Nasdaq CEO Blames Software Design For Delayed Facebook Trading  —  Nasdaq OMX Group Inc. (NDAQ), under scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its first day of trading, blamed “poor design” in the software it uses for driving auctions in initial public offerings.
Kara Swisher / AllThingsD:
Fat Lady Finally Sings: Yahoo and Alibaba Officially Shake on $7 Billion Stock Sale Deal [UPDATED]  —  As AllThingsD.com reported several days ago they would, Yahoo and Alibaba Group have finally reached an agreement for the Silicon Valley Internet giant to sell back half its stake in the Chinese Web company in a $7 billion deal.
Steven Musil / CNET:
Microsoft quietly launches So.cl social network  —  In the wake of social-networking giant Facebook's IPO, Microsoft has quietly launched So.cl, its own social networking foray.  However, So.cl isn't a designed to be a Facebook challenger.  The project, the details of which leaked out last year …
Matthew Panzarino / The Next Web:
How Pixar's Toy Story 2 was deleted twice, once by technology and again for its own good  —  “That's when we first noticed it, with Woody.”  —  “[Larry Cutler] was in that directory and happened to be talking about installing a fix to Woody or Woody's hat.
Marguerite Reardon / CNET:
Cable companies expand free Wi-Fi  —  BOSTON—The nation's biggest cable operators are banding together to offer free Wi-Fi access to their broadband customers in more than 50,000 hotspots around the country.  —  On Monday, Bright House Networks, Cablevision, Comcast, Cox Communications …
Foo Yun Chee / Reuters:
EU's Almunia offers Google chance to settle antitrust case  —  (Reuters) - The European Union's antitrust chief on Monday offered Google a chance to settle an investigation into allegations of anti-competitive behavior after the world's most popular search engine indicated its willingness to resolve the issue amicably.
More: ZDNet
Daniel Terdiman / CNET:
Leap Motion: 3D hands-free motion control, unbound  —  The startup's technology puts sub-millimeter accuracy at user fingertips, offers control gestures like pinch-to-zoom, and promises new applications that make the Kinect and its kin look like yesterday's news.
Softpedia News:
Linux Kernel 3.4 Has Been Officially Released  —  After another seven Release Candidates, Linus Torvalds proudly announced a few hours ago, May 20th, the immediate availability for download of Linux kernel 3.4.  —  Among the new features incorporated in Linux kernel 3.4 we can mention lots …
Dan Levine / Reuters:
Apple, Samsung CEOs set for U.S. court talks  —  (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday.
Archibald Preuschat / Wall Street Journal:
TomTom Seeks New Direction  —  Navigation-Tool Maker is Trying to Reposition Itself as a Mapping-Software and Services Provider  —  Many drivers have used satellite-navigation devices from Dutch navigation-system maker TomTom NV to get where they're going with the minimum of fuss.
Tweets: @davezatz

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Ingrid Lunden / TechCrunch: