Techmeme
December 8, 2012, 9:40 AM

Top News

Bloomberg:
Apple Joins Google in $500 Million-Plus Bid for Kodak Patents  —  Apple Inc. (AAPL) and Google Inc. (GOOG) have joined forces to offer more than $500 million to buy Eastman Kodak Co. (EKDKQ)'s patents out of bankruptcy, said two people with knowledge of the situation.
Florian Mueller / FOSS Patents:
U.S. patent office declares ‘the Steve Jobs patent’ entirely invalid on non-final basis  —  For the second time in less than two months, the United States Patent and Trademark Office (USPTO) has issued a first Office action tentatively declaring a key Apple multitouch patent invalid.
Alexei Oreskovic / Reuters:
Exclusive: Google to replace M&A chief, launch late-stage investment fund  —  (Reuters) - Google Inc is replacing the head of its in-house mergers and acquisitions group with one of its top lawyers and is planning to create a new late-stage investment group that longtime and outgoing corporate …
Rob Fishman / BuzzFeed:
Google's Lost Social Network  —  How Google accidentally built a truly beloved social network, only to steamroll it with Google+ .  The sad, surprising story of Google Reader.  —  Last October, while hundreds of protesters were encamped in Zuccotti Park, a handful of people occupied …
Rolfe Winkler / Wall Street Journal:
Apple's Power Within  —  Whether Apple's share-price plunge is justified comes down to one question: Is the iPhone maker a hardware or a software company?  Right now, it is more the latter.  And that is why the 22% drop in the shares since their September peak creates an opportunity for investors.
Tweets: @tradefast and @wsj
Bloomberg:
Apple CEO's Pledge to Make Macs in the U.S. Seen Adding 200 Jobs  —  The pledge by Apple Inc. (AAPL) Chief Executive Officer Tim Cook to invest in making Mac computers in the U.S. will probably create about 200 jobs if he follows the pattern of companies such as Lenovo Group Ltd. and LG Chem Ltd.
More: MacRumors
Douglas MacMillan / Bloomberg:
Groupon Surges on Google Takeover Speculation: Chicago Mover  —  Groupon Inc. (GRPN) surged to the highest price in three weeks on speculation that Google Inc. (GOOG) might consider buying the online coupon provider.  —  The shares advanced 23 percent to $4.69 in New York, closing at the highest price since Oct. 19.

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