Techmeme
May 24, 2012, 2:10 PM

Top News

Reuters:
Facebook exec ducks questions about IPO debacle  —  (Reuters) - Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University students in her first public appearance since the company's disappointing initial public offering, but refrained from addressing the controversy around its messy, glitch-plagued debut.
Mark Cuban / blog maverick:
Facebook IPO Post Mortem - Killer - but not for the reasons you think !  —  1. Say goodbye to the individual investor on Wall Street.  Whatever positive impression they had of the IPO market and the stock market in general was just torched to the ground.  When everyone you know associated …
Dirk Stoop / Facebook Newsroom:
Introducing Facebook Camera  —  Today, we're introducing Camera, a new mobile app that makes using Facebook photos faster and easier.  —  See friends' photos all in one place  —  When you launch the app, you'll see a feed of just great photos from the people you care about.
Mike Isaac / AllThingsD:
As Facebook Launches a Standalone Camera App, the Instagram Buy Comes Into Focus  —  We've known that Facebook is serious about photos: Heck, it dropped a cool $1 billion on Instagram, the immensely popular mobile photo-sharing app.  —  What we didn't know, however, is that Facebook …
More: VatorNews and The Verge
Adam Lashinsky / Fortune:
How Tim Cook is changing Apple  —  Steve Jobs' successor is making his mark and trying to keep the Apple magic going.  —  FORTUNE — In February of this year, a group of investors visited Apple as part of a “bus tour” led by a research analyst for Citibank.
IDC:
Android- and iOS-Powered Smartphones Expand Their Share of the Market in the First Quarter, According to IDC  —  Smartphones powered by the Android and iOS mobile operating systems accounted for more than eight out of ten smartphones shipped in the first quarter of 2012 (1Q12).
Rafe Needleman / CNET:
Here comes Yahoo's own Web browser — Axis  —  Yahoo is announcing tonight that it's getting into the browser business with its new Axis browser.  There are versions for iPad and iPhone, and plug-ins for the desktop browsers Chrome, Firefox, IE, and Safari.
Ian Sherr / Wall Street Journal:
Zynga Defends Acquisition  —  Amid Criticism of Deal for OMGPOP, Game Maker Points to Revenue Streams Zynga Inc. has faced plenty of questions after buying the maker of “Draw Something,” a mobile game that was released only six weeks earlier and has since lost popularity.
Roger Cheng / CNET:
Microsoft legal win over Google may signal ceasefire  —  So much for the power of Motorola's patents.  —  Google, which spent $12.5 billion to acquire Motorola and its patents in a deal that closed Tuesday, has suffered a major legal defeat at the hands of Microsoft, which successfully argued …
James McQuivey / Forrester Blogs:
Apple's Coming Plan To Take Over The TV Business  —  Last week we released our newest report about the future of TV and argued in it and the accompanying blog post that the battle for the TV is not really about TV.  It's about the future of the platform giants like Apple, Google …
Foo Yun Chee / Reuters:
EU court to rule on $1.1 billion Microsoft fine on June 27  —  (Reuters) - Europe's second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.
Greg Sandoval / CNET:
AOL takes heavy fire from Starboard side  —  Starboard Value, a $1 billion hedge fund with a 5-percent stake in AOL, claims the media company is poorly managed and is preparing for a proxy fight to replace three members of AOL's board.  Starboard said today that it filed a copy of the presentation …
Will Connors / Wall Street Journal:
Fate of BlackBerry's Popular Messaging Tool in Doubt  —  As the Smartphone's Sales Shrink, So Too Do Users' Contact Lists; Research In Motion Curtails Effort to License Service  —  Research In Motion Ltd. may have lost its dominance in the global smartphone market, but its instant-messaging service …
Hamish McKenzie / PandoDaily:
How Facebook Can Solve Its Mobile Problem: Build a Browser  —  When it recovers from the cataclysmic clusterf**k that was its IPO, Facebook will gather its team, round up its new friends from Instagram and Glancee, and ask the $100 billion question: What the hell is it going to do about mobile?
Joe Mullin / Ars Technica:
Oracle v. Google jury foreman reveals: Oracle wasn't even close  —  Some jurors felt Oracle's IP claims might not be in the public's best interest.  —  A few minutes after the Oracle v. Google verdict, the ten jurors filed out to the elevator.  A group of several reporters, including me …
Joanna Stern / ABCNEWS:
Bump App Update: Transfer Photos From Your Phone to Computer With Just a Tap  —  Bump, an app for Android phones and the iPhone, has made it very easy for people to transfer photos or money from one phone to another.  It's now set its sights on transfers from a phone to a computer.
Paul Carr / PandoDaily:
Jason Calacanis Joins PandoDaily As a Regular Columnist  —  Well, here's a fun announcement.  PandoDaily is very pleased to welcome a new special contributor: Jason Calacanis.  Jason will be writing a regular (every couple of weeks) column, offering advice to a company that's at a crossroads.
John Brownlee / Cult of Mac:
You Won't Believe How Much Crazy Science & Microscopic Tech Is Crammed Into Your iPhone's Accelerometer [Video] … Have you ever wondered how your iPhone knows up from down, or when you're shaking it?  It's all because of the tiny accelerometer chip inside the device, but how does it work?

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