Techmeme
May 23, 2012, 7:05 PM

Top News

Reuters:
Facebook, Zuckerberg, banks sued over IPO  —  (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg, and several banks led by Morgan Stanley were sued by shareholders, who claimed the defendants hid the social networking leader's weakened growth forecasts ahead of its $16 billion initial public offering.
Michael Arrington / Uncrunched:
Meet Facebook's Fall Guy  —  I've only been skimming the news about Facebook's IPO over the last 24 hours, but two or three times now I've read that Facebook's CFO David Ebersman “decided” to increase the size of the offering at the last minute.  Example (and, shame on the WSJ for just publishing what was fed to them).
Shane Richmond / Telegraph:
Jonathan Ive interview: Apple's design genius is British to the core  —  Apple's design guru Jonathan Ive, who receives a knighthood today for creating products such as the iPad, tells Shane Richmond why this country's industrial heritage lies behind his success.
Bryan Bishop / The Verge:
Jury: Google did not infringe Oracle patents with Android  —  Over a week after it began deliberations, the jury has returned a verdict in the patent infringement case between Oracle and Google, finding that the search giant did not infringe upon Oracle's patents with Android.
Jonathan S. Geller / BGR:
Microsoft set to release Office for iOS and Android tablets in November  —  BGR has learned from a reliable source that Microsoft is currently planning to release the company's full Office suite for not only Apple's iPad, but for Android tablets as well.  The company is targeting November of this year for both launches.
Dean Takahashi / VentureBeat:
HP plans to lay off 27,000 people — 8 percent of the workforce  —  Stung by its failures in the mobile computing business, Hewlett-Packard said it would cut 27,000 jobs today.  That amounts to 8 percent of its 325,000-person work force.  —  The cuts will be implemented by October 2014 …
Noah Levin / The Official Google Blog:
A faster, simpler Google Search app for iPhone  —  Starting today, when you use the Google Search app on your iPhone, you'll see a completely redesigned interface that gives you faster results, beautiful full-screen image search, and a simple way to access all your Google apps in one place.
Robert McMillan / Wired:
IBM Outlaws Siri, Worried She Has Loose Lips  —  Siri doesn't work on IBM's internal networks.  (Image: Flickr/Photo Giddy)  —  If you work for IBM, you can bring your iPhone to work, but forget about using the phone's voice-activated digital assistant.  Siri isn't welcome on Big Blue's networks.
Ingrid Lunden / TechCrunch:
Social Media Marketer Vitrue Has Been Bought By Oracle For $300 Million  —  Breaking news: TechCrunch has discovered that software giant Oracle has made a big investment in social media today.  The company has bought Vitrue, the social media marketing company that is a close partner to Facebook.
Enigmax / TorrentFreak:
Rickroll Meme Destroyed By Copyright Takedown  —  Anyone who has spent much time online, especially on Internet message boards of any kind, will be aware of Rickrolling.  —  It's an incredibly simple concept.  The meme is based on a bait and switch, whereby someone posts a hyperlink …
John Gruber / Daring Fireball:
How Apple Could Play the Bigger-Display iPhone Thing at WWDC, Which I Swear, I'm Still Not Convinced Is for Real But We're Getting to the Point Where There's an Awful Lot of Smoke for There Not to Be a Fire So Let's Run With It  —  For the sake of argument let's take it as a given …
More: BuzzFeedThanks:@srikardr
Sarah Perez / TechCrunch:
Amazon Partners With Paramount, Brings Hundreds More Movies To Prime Instant Video Service  —  Amazon is continuing to grow its collection of streaming video titles at Amazon Prime Instant Video, and is today announcing another new agreement with Paramount Pictures bringing “hundreds” of new movies to the service.
Declan McCullagh / CNET:
FBI quietly forms secretive Net-surveillance unit  —  The FBI has recently formed a secretive surveillance unit with an ambitious goal: to invent technology that will let police more readily eavesdrop on Internet and wireless communications.  —  The establishment of the Quantico, Va.-based unit …
Frederic Lardinois / TechCrunch:
Pandora's Quarterly Results: $80.8M In Revenue, 52M Active Users & 3.09B Listening Hours  —  Internet music service Pandora just announced its financial results for the first quarter of its fiscal 2013.  The company had a total revenue of $80.8 million, a 58% increase year-over-year.

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