Techmeme
October 11, 2012, 1:30 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.
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:
Eric Schmidt Can't Wait for Self-Driving Cars, Won't Predict When Google Maps Come Back to Apple  —  You wanted new news from Eric Schmidt about the state of the Apple-Google war?  So did all of us.  But the Google chairman was mostly mum on that subject.  He was happy, however …
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 …
Josh Constine / TechCrunch:
RockMelt For iPad: A Browser Built For Touch That Turns The Web Into A Feed So Content Comes To You  —  Surfing the Internet can feel like you're running in circles, constantly checking your favorite sites for updates.  The RockMelt team believes that content should be delivered, not hunted …
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.
Leena Rao / TechCrunch:
Fab Reinvents iPhone And iPad Apps With Social Commerce, Streamlined UI, Search And More  —  Design-focused e-commerce site Fab is constantly iterating and innovating.  The company, which just hit 7 million users, unlocked the site from signing-in, expanded internationally …
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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