Techmeme
October 11, 2012, 1:50 PM

Top News

Reuters:
Japan's Softbank in talks for $12.8 billion Sprint stake  —  (Reuters) - Softbank Corp (9984.T), Japan's third-largest mobile carrier, is in talks to buy a majority stake in U.S. telecoms company Sprint Nextel Corp (S.N) in a deal worth more than 1 trillion yen ($12.8 billion) …
Ina Fried / AllThingsD:
Sprint Confirms Talks With Softbank Over “Substantial Investment”  —  Sprint confirmed Thursday that it is in talks with Japan's Softbank about a possible deal.  —  The No. 3 U.S. wireless carrier said the discussions are about a “substantial investment by Softbank” but offered few other details.
Daisuke Wakabayashi / Wall Street Journal:
Softbank in Advanced Talks to Acquire Sprint Nextel  —  TOKYO—Japanese mobile carrier Softbank Corp. is in advanced talks to buy U.S. operator Sprint Nextel Corp. in a deal expected to exceed ¥1 trillion ($12.81 billion) in value, a person with knowledge of the negotiations said Thursday.
Dennis K. Berman / WSJ Blogs:
Sizing Up a Softbank Takeover of Sprint  —  Japanese mobile carrier Softbank — the country's premier technology investor — is mulling a takeover of the struggling US wireless carrier Sprint Nextel Corp. in a deal expected to exceed $12.81 billion.  —  An early read on what such a deal would mean.
Liz Gannes / AllThingsD:
Eric Schmidt: Android-Apple Is the Defining Fight in the Industry Today  —  The fight between Google and Apple over mobile devices is great for consumers, but the patent wars that have resulted are awful, said Google Chairman Eric Schmidt, in conversation tonight with our own Walt Mossberg and Kara Swisher.
Peter Kafka / AllThingsD:
Matthew Panzarino / The Next Web:
Apple's US injunction on Samsung Galaxy Nexus reversed by appeals court  —  The US injunction on the Samsung Galaxy Nexus that Apple earned by way of a patent judge earlier this year has been reversed by an appeals court, reports Reuters.  The U.S. Court of Appeals for the Federal Circuit …
Aaron Souppouris / The Verge:
LG Nexus handset revealed in clearest shots yet  —  Russian site Onliner has got its hands on LG's new Nexus, revealing the device with perfect clarity for the first time.  The site confirms what we've already heard about the device: it's a remodeled version of LG's Optimus G. Dubbed the LG-E960 …
Romain Dillet / TechCrunch:
Amazon Releases Kindle's Lending Library In UK, Germany, France With 200,000 Books, Increases KDP Royalty Fund  —  Amazon continues to roll out its content offerings in Europe.  Starting today, Amazon Prime members will be able to borrow books from the Kindle owners' lending library.
Nicholas Carlson / Business Insider:
A $12 Billion Move In Apple Stock Seems To Have Started With Tweets From A Single Anonymous Source In China  —  Apple's stock dropped 2.21 percent on Monday.  —  A few analysts blamed the drop — worth more than $12 billion — on a strike of 4,000 Chinese workers at Apple's manufacturer.
More: Bloomberg
Ingrid Lunden / TechCrunch:
Google Gives Street View A 250K-Mile Update Across 17+ Countries, Its Biggest Update Ever; Maps API Now Features Time Zones  —  Google is continuing to gain points on the mapping front, today launching yet more features for the product at a time when Apple's offering continues to appear weak by comparison.
Jordan Crook / TechCrunch:
Bridging The Gap Between Pawn Shop And Bank, Borro Raises $26M Led By Canaan Partners  —  Borro, a personal asset lending platform, has just received a massive $26 million funding round led by Canaan Partners.  The service essentially classes up the idea of collateral loans …

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