June 14, 2012, 3:30 PM

Top News

Diana ben-Aaron / Bloomberg:
Nokia To Cut 10,000 Jobs As Elop Tries To Stanch Losses  —  Nokia to Cut Up to 10,000 Jobs to Halt Losses  —  Nokia Oyj (NOK1V) cut its earnings forecast for this quarter and said it will eliminate as many as 10,000 jobs and shut production and research sites in three countries …
Robin Wauters / The Next Web:
Owen Thomas / Business Insider:
Microsoft Is Buying Yammer, According To People At Yammer  —  UPDATE: Bloomberg is now reporting that Microsoft is in talks to buy Yammer for more than $1 billion, with a deal coming as soon as Friday.  —  EARLIER: We just heard from a source inside Yammer that the office has been abuzz since Monday …
Samsung Tomorrow:
The rumor regarding a project named ‘Samsung Facebook’ is groundless  —  There have been inquiries and a few articles claiming that Samsung Electronics is going to offer a Facebook-like service, being developed under a code-name called ‘Samsung Facebook.’ However this is not true and the rumor is groundless.
Mark Lee / Bloomberg:
Baidu To Share Revenue With Apple On China Iphone Search  —  Baidu Inc. (BIDU) said Apple Inc. (AAPL) will be entitled to a share of advertising sales after the Chinese company's search-engine was added as part of a software upgrade for iPhones in China.  —  The revenue-sharing agreement …
Dong Ngo / CNET:
WD joins networking big time with My Net router family  —  WD shows off the My Net N900 HD router's Web interface at launch.  —  (Credit: Dong Ngo/CNET)  —  Once in a while there's a big change, and Western Digital is having one of its own.  —  The major storage vendor today unveiled …
Technology Review:
What Facebook Knows  —  The company's social scientists are hunting for insights about human behavior.  What they find could give Facebook new ways to cash in on our data—and remake our view of society.  —  Photographs by Leah Fasten
More: Gizmodo
Tricia Duryee / AllThingsD:
Game Developers Already Abandoning Google's Social Network  —  It has been less than a year since Google launched social gaming on the Google+ network, but already some developers are calling it quits.  —  Wooga has confirmed that Monster World has already been taken down and that more titles are on their way off.
More: The Verge
Ki Mae Heussner / GigaOM:
TechStars NYC 2012: 7 startups to watch  —  Thirteen would-be darlings of New York's tech scene are hitting the stage today.  In downtown Manhattan, startup incubator TechStars NYC is hosting its third Demo Day to present its latest class of graduates.  The 13 companies, which were culled …
Peter Kafka / AllThingsD:
Apple, Time Inc. Solve Their Subscription Squabble  —  Apple and Time Inc. have settled their differences: The giant publisher is now selling subscriptions to its iPad magazines directly from the apps themselves.  —  If that seems like non-news, consider that it took the two companies two years to figure this out.
Richard Lawler / Engadget:
Redesigned YouTube rolling out to some users, reflects the influence of Google+  —  From the looks of this screenshot posted by one of our readers, it appears YouTube is testing a new homepage styled more like the look that recently rolled out on Google+.  The current default look rolled …
Jeff Blagdon / The Verge:
Online electronics dealer ‘taxes’ IE7 users 6.8 percent for having old browser  —  If you insist against upgrading from Internet Explorer 7, Aussie electronics dealer Kogan is going to “tax” you an extra 6.8 percent for using the “antique browser” — 0.1 percent for every month since its release.
Alyson Shontell / Business Insider:
GraphEffect Is A Yammer-Like Startup That's Set To Generate ~ $50 Million This Year, And It Just Raised $12 Million  —  GraphEffect is like Yammer for social media marketers, and it just raised a $12 million round of financing led by Rincon Venture Partners.  Rincon's Jim Andelman will be joining GraphEffect's board of directors.
Mathew Ingram / GigaOM:
Twitter's expanded tweets are a double-edged sword  —  As we reported on Wednesday, Twitter is in the process of rolling out what it calls “expanded tweets,” a new feature on both the web and mobile version that shows additional content for certain publishers and services, such as the New York Times and ABC News.
John Koetsier / VentureBeat:
Opera 12: new version, new features, new competitive challenges  —  Opera is releasing version 12 of the Opera browser today, with new features for theming, controlling your computer's hardware from the browser without using a plugin, speed, and security.  —  VentureBeat talked …
Jesus Diaz / Gizmodo:
Apple Adds Gay and Lesbian Couple Icons to iOS 6  —  The new version of Apple's iPhone operating system comes with new emojis, the popular emoticons that are often used in texting and email, especially by young kids and nerdy adults like me.  Two of these new pictograms represent gay and lesbian couples for the first time.
Federico Viticci / MacStories:
Reeder 3.0 Review  —  In 2009, reading news on the iPhone was different.  The App Store was only one year old; Twitter wasn't the information network adopted by mass media and millions of users we interact with today; there was no iPad, no universal apps, and no Flipboard.
Nicholas Carlson / Business Insider:
ARMSTRONG WINS!  AOL Shareholders Side With Management, Vanquish Proxy Challengers  —  AOL shareholders have voted to re-elect all of the company's directors, defeating a proxy challenge from Starboard.  —  Here's a statement from the company:  —  “On behalf of AOL's Board and management team …
More: Reuters
Danielle Sacks / Fast Company:
Can VCs Be Bred?  Meet The New Generation In Silicon Valley's Draper Dynasty  —  Over the course of a half-century, the Draper family has carved out a name (and a fortune) in a place where breeding and ancestry are thought to be irrelevant.  Now it's time for the debut of the youngest generation.
Todd Bishop / GeekWire:
Cloud Wars: Amazon Web Services cuts premium support prices, adds new features  —  Amazon Web Services this morning announced a series of changes in its support plans, aiming to make its cloud computing and storage more attractive to companies and software developers in an increasingly competitive market …
More: and ZDNet

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CareerArc: How Square's Debut Draws Concerns Over IPO “Ratchets” & Impact on Tech Talent  —  Square's IPO points a spotlight on “IPO Ratchets”—now a common demand among tech investors.  But how might ratchets affect employees?

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