Techmeme
May 21, 2012, 10:25 AM

Top News

Jon Russell / The Next Web:
Google Chrome overtakes Internet Explorer as the Web's most used browser  —  Google Chrome has been long expected to leapfrog Microsoft's Internet Explorer (IE) to take its position as the Web's most used browser and, according to data from Statcounter, the momentous change of leadership happened last week.
Kim-Mai Cutler / TechCrunch:
Facebook Shares Slide Nearly 13% To $33.62 On Second Trading Day After IPO  —  Facebook shares dropped nearly 10 percent to $34.35 — below the company's final $38 price in the company's highly anticipated initial public offering.  Today is an interesting test for Facebook's worth …
Dan Scholnick / TechCrunch:
How The Media (Including TechCrunch) Is Wrong About Facebook's IPO  —  Judging by many of the headlines on Friday, you might think that Facebook's IPO was a miserable failure.  The Wall Street Journal declared, “Facebook's IPO Sputters,” and our very own TechCrunch declared that bankers were “struggling” to keep the share price up.
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.
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.
Jon Brodkin / Ars Technica:
WiFi's future: faster, smarter, and fewer cables  —  And you'll be buying a bunch of new devices.  —  Photo illustration by Aurich Lawson  —  WiFi has easily been one of the most useful technologies of the past decade—so many of our daily tasks and the devices we use rely on it.
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 …
Ingrid Lunden / TechCrunch:
Motorola Mobility Says Google-Moto Deal Will Close Tuesday Or Wednesday.  Includes An Android Rider.  Layoffs Coming?  —  Google has reached the final regulatory hurdle to its $12.5 billion acquisition of Motorola Mobility, with China approving the transaction over the weekend …
More: BGR and Softpedia News
Seth Weintraub / 9to5Mac:
Apple CFO Peter Oppenheimer sends brochure to Cupertino neighbors inviting feedback on new 'Campus 2′  —  Apple is currently involved in an outreach program to new neighbors in its planned “Campus 2″ area.  A brochure was mailed this week to residents surrounding the new campus …
Steven Musil / CNET:

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Dan Levine / Reuters: