Techmeme
May 22, 2012, 5:25 PM

Top News

Larry Page / The Official Google Blog:
We've acquired Motorola Mobility  —  The phones in our pockets have become supercomputers that are changing the way we live.  It's now possible to do things we used to think were magic, or only possible on Star Trek—like get directions right from where we are standing; watch a video on YouTube …
Business Week:
It's Official: Google Is Now a Hardware Company  —  Last August, Google (GOOG) Chief Executive Officer Larry Page fulfilled a pledge made to one of his senior executives, a square-jawed former attorney named Dennis Woodside.  Apple (AAPL) CEO Tim Cook had been trying to poach Woodside …
Reuters:
SEC, FINRA to review Facebook issues, Nasdaq sued  —  (Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq.
Alistair Barr / Reuters:
Insight: Morgan Stanley cut Facebook estimates just before IPO  —  (Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.
Colleen Taylor / TechCrunch:
Kleiner Perkins Sued By Partner Ellen Pao For Alleged Sexual Harassment, Gender Discrimination  —  Kleiner Perkins Caulfield and Byers, one of the most storied and well-respected venture capital firms in Silicon Valley, has been sued by Ellen Pao, an investment partner with the firm.
Carl Franzen / Livewire:
Facebook Begins Testing Redesigned “Timeline” View  —  Days after it first began offering stock in a rocky initial public offering, Facebook has quietly begun testing a new look for user profiles, or “Timelines,” the company confirmed to TPM.  —  Here is a view of the new Timeline view Facebook …
Dylan Tweney / VentureBeat:
Larry Page on Charlie Rose: “We're still waiting” for Facebook to unlock user data  —  Google chief executive Larry Page appears on PBS show “Charlie Rose” this evening at 11 p.m. local time.  —  In the show, Page addresses a wide range of topics, starting with today's surprising news …
Kenneth Wong / Bloomberg:
SAP Agrees to Buy Ariba in $4.3B Deal  —  SAP AG (SAP), the largest business- management software maker, agreed to buy Ariba Inc. (ARBA) (ARBA) to add a cloud-computing applications maker in a transaction valued at about $4.3 billion.  —  SAP offerd $45 a share for Ariba …
NBC Bay Area:
VP of Palo Alto's SAP Arrested in LEGO Bar Code Scam  —  A San Carlos software engineer is charged with four counts of felony burglary.  —  A Silicon Valley executive could soon be trading LEGO blocks for cell blocks.  It's a story you will only see on NBC Bay Area News.
More: Gizmodo
Dan Levine / Reuters:
Facebook settles lawsuit over “Sponsored Stories”  —  (Reuters) - Facebook Inc. has agreed to settle a proposed class action lawsuit that alleged the site's “Sponsored Stories” feature publicized users' “likes” without compensation or the ability to opt out, according to a court document filed on Tuesday.
Jeff John Roberts / paidContent:
Facebook loses trademark fight against adult social network  —  A federal judge has refused to order a Norwegian website that describes itself as “the number one socializing porn and sex network” to turn over its name to Facebook.  —  U.S. District Judge Jeffrey White last week ruled …
Jason D. O'Grady / ZDNet:
TiVo streaming coming to iOS this summer  —  TiVo fans rejoice!  Streaming from the original DVR is finally coming to iOS devices like the iPad and iPhone this summer.  —  During the 2012 NCTA Cable Show which opened today in Boston TiVo announced two new devices.
Matt Thompson / The Mozilla Blog:
Introducing “Mozilla Webmaker:” helping the world make the web  —  Today, we're proud to launch “Mozilla Webmaker,” a new program to help people everywhere make, learn and play using the open building blocks of the web.  —  The goal: help millions of people move from using the web to making the web.
More: Lifehacker
John Paczkowski / AllThingsD:
100 Most Valuable Brands: Apple Tops Again; Nokia Disappears  —  WPP's Millward Brown published its annual BrandZ study, ranking the world's leading brands, which are increasingly technology companies.  According to the research house, four of the top five global brands and seven of the Top 10 are tech firms.
Liz Gannes / AllThingsD:
Airbnb Will Now Cover up to $1M Worth of Property Damage  —  Airbnb is putting up some cash to build a reputation around the safety and security of its hosts' property.  The company today committed to cover as much as $1 million in damage resulting from a booking.
Matthew Humphries / Geek.com:
VIA launches $49 Android PC  —  The Raspberry Pi has set the price bar very low for a fully functional PC, and no one has managed to get anywhere near it yet.  VIA is within spitting distance though, with the announcement today of a $49 Android PC (APC) system.
More: Ars TechnicaTweets: @davezatz
Joanna Stern / ABC News:
ooVoo: 12-Way Video Calling Comes to Facebook and the iPad  —  Skype and FaceTime might be the household names when it comes to video calling these days, but ooVoo doesn't want that to be the case for much longer.  —  The video chat service announced today that it's bringing its 12 …
Tricia Duryee / AllThingsD:
AmEx to Offer a Prepaid Debit Card That Rewards Users in FarmVille Cash  —  American Express and Zynga are rolling out a rewards program today that will allow players to earn virtual currency when they spend money in the real world.  —  FarmVille fans willing to jump through a number of hoops …
Ryan Spoon:
Announcing Spindle.  —  It's a bold vision: “build the discovery engine for hte social web”... and that's precisely what excites us about Spindle.  Based in Cambridge, MA and started in Dogpatch Labs, Spindle aims to deliver actionable information and news that you wouldn't have found otherwise …
Dean Takahashi / VentureBeat:
Are You a Human replaces annoying CAPTCHAs with games  —  Websites need to verify that a visitor is a real person and not an automated bot.  But the CAPTCHA test that they came up with — where you have to type in the word that you see in a blurry distorted font image — is extremely annoying and often leads to multiple failures.
Fairfax News:
Startup Act 2.0 Aims to Jumpstart the Economy  —  U.S. Senator Mark R. Warner (D-Va.) and three colleagues today introduced bipartisan legislation, Startup Act 2.0, to help jumpstart the economy through the creation and growth of new businesses and jobs.  It is based upon research showing …
Ryan Lawler / TechCrunch:
Juniper Networks Invests In Video Conferencing Startup Vidyo, Bringing Total Funding To $97M  —  Video conferencing startup Vidyo announced Tuesday that it has received a strategic investment from Juniper Networks as part of the network equipment vendor's Junos Innovation Fund.
Sarah Perez / TechCrunch:
Andreessen Horowitz's Jeff Jordan: Are Companies Building On Top Of Facebook Really Growing Or Just “Spam?”  —  This morning at TechCrunch Disrupt NY 2012, TechCrunch editor Eric Eldon sat down for a fireside chat with Jeff Jordan, General Partner at Andreessen Horowitz and former CEO of OpenTable …
More: Betabeat

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