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May 22, 2012, 1:25 AM
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Felix Salmon:
Morgan Stanley's $2.4 billion Facebook short  —  Matt Levine had a very wonky post on Friday afternoon about the dynamics of the Facebook IPO in general and of the very misunderstood greenshoe option in particular.  Now that we've all had a nice relaxing weekend, it's maybe worth revisiting that greenshoe …
More: DealBook, Dealbreaker and BuzzFeed.  Tweets: @cdixon
Owen Thomas / Business Insider:
The Other Challenge Of Facebook's Stock Swoon: Recruiting  —  Now that Facebook's public, and its stock has slipped below the IPO price, will it still be a hot place to work?  —  A stagnant stock price can dent employee morale—just ask Microsoft or Yahoo.
More: Guardian
Erin Griffith / PandoDaily:
Bootstrapped GitHub Raising a Round from Andreessen Horowitz  —  Github is nearing a close on a round of venture funding from Andreessen Horowitz, according to sources familiar with the situation.  —  The popular social network for programmers and code host has famously bootstrapped itself up to this point.
Tweets: @pwittmann and @johnsheehan
Jordan Kahn / 9to5Mac:
Sony releases ‘Music Unlimited’ Spotify competitor as iOS app  —  Looking to rival competitors like Spotify and MOG, Sony today launched its Music Unlimited streaming service as an iOS app.  We told you back in January that it was coming, but today the free app officially hits the App Store …
Liz Gannes / AllThingsD:
Google Voice Founder Tackles Conference Calls  —  Uberconference debuts today as a new interface for conference calls — you know, those terrifically annoying occurrences that people in business deal with on a daily basis.  —  What's notable about the product is it comes from Craig Walker …
Josh Constine / TechCrunch:
After Walking Away From Acquisition Talks With Facebook, Ark Opens Its People Search Engine  —  Following a jam-packed beta test and a jaw-dropping $4.2 million seed round, Ark people search is open for sign ups...at least for the next three days.  Ark lets you sift through profiles on Facebook …
More: GigaOM and CNET
Robert McMillan / Wired:
How Apple and Microsoft Armed 4,000 Patent Warheads  —  In many ways, Scott Widdowson is your typical electrical engineer.  Most days, when the weather's good, he bikes the 15 miles along the Ottawa River to his company's offices in the west end of the Canadian capital.
Nate Anderson / Ars Technica:
Supreme Court declines to hear $675,000 file-swapping case  —  Boston student Joel Tenenbaum may be in for a second federal trial.  —  Appeal denied  —  United States Supreme Court  —  The Supreme Court this morning declined (PDF) to hear the appeal of admitted file-swapper Joel Tenenbaum …
Brian Stelter / Media Decoder:
Time Warner Cable Head Sides With TV Networks Over Ad-Erasing Technology  —  BOSTON — The head of one of the country's biggest cable companies voiced his disapproval of the Dish Network's ad-erasing technology on Monday, aligning himself with television networks that are trying to squash the technology, called Auto Hop.
See also Mediagazer
Florian Mueller / FOSS Patents:
Intellectual property issues will make it hard for Google to keep its Chinese ‘open Android’ promise  —  On Saturday, Google announced that China's Ministry of Commerce (MOFCOM) finally cleared — with conditions attached — Google's proposed acquisition of MMI, which is now expected to close within a matter of days.
Computerworld:
Panic announces Coda 2, Diet Coda for iPad  —  Web developers, rejoice.  On Monday, Panic announced that, come Thursday, it will unleash Coda 2 for Mac and Diet Coda for iPad.  —  Web developers, rejoice.  On Monday, Panic announced that, come Thursday, it will unleash Coda 2 for Mac and Diet Coda for iPad.
John Cook / GeekWire:
Google pays $10M for TeraHop patents: Sale to help investors in fraud case recoup cash  —  Big technology companies are searching everywhere for patents, looking to protect themselves from future litigation.  Now, Google has emerged as the buyer of a patent portfolio in a complex fraud case …
Ingrid Lunden / TechCrunch:
Motorola Mobility Says $12.5B Google Deal To Close Tuesday Or Wednesday.  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, and today Motorola Mobility filed an 8-K form …
David Carr / New York Times:
The Atavist Matures as a Publisher and a Platform  —  It sounds like the setup for a very old, stale joke.  Three guys walked into a bar in Brooklyn to complain about the state of journalism ... except by the time these guys were done chatting and plotting, they had come up with an actual business.
Brier Dudley / The Seattle Times:
Q&A: T-Mobile CEO on layoffs, iPhone, mergers and more  —  After a detour through Dallas, Philipp Humm is finally getting to reshape T-Mobile USA.  —  Humm reinvigorated T-Mobile's German business before parent company Deutsche Telekom sent him to Bellevue in 2010, to rev up America's fourth largest wireless company.
Ian Paul / PC World:
Cable Giants Partner to Offer 50K Free Wi-Fi Hotspots for Subscribers  —  Wi-Fi hotspot access just got easier for high-speed Internet customers of Bright House Networks, Cablevision, Comcast, Cox Communications, and Time Warner Cable.  The five cable giants announced an agreement Monday …
Ryan Lawler / TechCrunch:
Machinima Gets $35M In Funding, Led By Google  —  After weeks of speculation, online video creator Machinima announced Monday that it has closed a $35 million funding round led by Google, which also included existing investors Redpoint Ventures and MK Capital.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

More News

Earlier Picks

Matthew Panzarino / The Next Web:
Google giving Cornell University 22k square feet of free office space at its NYC HQ for 5 years
Brad Stone / Business Week:
Michael Moritz to Step Back at Sequoia Capital
Seth Weintraub / 9to5Mac:
Apple CFO Peter Oppenheimer sends brochure to Cupertino neighbors inviting feedback on new 'Campus 2′
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