June 4, 2012, 9:00 AM

Top News

Robin Wauters / The Next Web:
Done deal: buys Buddy Media for $689m in cash and shares  — has finally confirmed that it has acquired social media marketing company Buddy Media for nearly $700 million in cash and shares ($689 million to be exact).  —  Early rumors about the purchase …
Michael Lazerow / Buddy Media:
New Beginnings  —  Mary Dedinsky, my newswriting professor at Northwestern's Medill School of Journalism, taught me early on to not bury the lead.  So here I go:  —  Kass and I have agreed to sell Buddy Media to  —  Now that that's over, let me tell you a story …
Dieter Bohn / The Verge:
Samsung Galaxy S III to hit five US carriers ‘beginning’ in June, starting at $199 on contract  —  Samsung has just announced that AT&T, Verizon, Sprint, T-Mobile, and US Cellular will all get the Galaxy S III in June, though “Exact pricing and retail availability will be announced by each …
Zach Epstein / BGR:
Verizon's Galaxy S III preorders begin June 6th, start at $199.99  —  Verizon Wireless on Monday became the first wireless carrier in the United States to announced launch details for Samsung's next-generation flagship smartphone, the Galaxy S III.  The nation's No.1 carrier has confirmed …
More: Engadget
Wall Street Journal:
Facebook Explores Giving Kids Access  —  Facebook Inc. is developing technology that would allow children younger than 13 years old to use the social-networking site under parental supervision, a step that could help the company tap a new pool of users for revenue but also inflame privacy concerns.
Henry Blodget / Business Insider:
Don't Mean To Be Alarmist, But The TV Business May Be Starting To Collapse  —  In the first decade of the commercial Internet—the 1990s and early 2000s—there were frequent murmurings that newspapers were screwed.  —  The digital audience didn't read newspapers, people pointed out.  They visited web sites.
More: FortuneTweets: @uhsome and @mohamed
Ellis Hamburger / The Verge:
Exclusive: Instapaper for Android launches (hands-on)  —  While there are several places where Instapaper for Android falls short, there are a few places where Android really lets Marco Arment's concept spread its wings.  While Arment has done his best on iOS to incorporate sharing articles …
Joe Mullin / Ars Technica:
The Oracle v. Google aftermath  —  Two Google lawyers reflect on the case: APIs stay free, cost of business soars.  —  The Oracle v. Google patent and copyright trial is over, resulting in definitive wins for Google on both fronts.  Ars interviewed two Google attorneys—general counsel Kent Walker …
T.C. Sottek / The Verge:
Nintendo Wii U Gamepad officially unveiled  —  Today during a streaming video conference, Nintendo detailed the final version of the Wii U controller, which it is calling the Wii U Gamepad.  Nintendo has made some notable tweaks and revisions to the prototype version detailed last year at E3 …

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