Techmeme
December 10, 2012, 4:30 PM

Top News

Jesse Drucker / Bloomberg:
Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion  —  Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
Matt Buchanan / BuzzFeed:
Facebook Democracy Is Dead  —  Democracy dies on Facebook in an hour.  The night before Thanksgiving, Facebook quietly announced that it wanted to end a process that's been in place since 2009, which allows users to vote on changes to the way the site's governed.
Eric Slivka / MacRumors:
Microsoft Leaks References to ‘Office Mobile for iPhone’, ‘Excel for iPad’ and ‘PowerPoint for iPad’  —  Building upon a series of reports about Microsoft's apparent efforts to bring its Office productivity suite to iOS, The Verge last month shared a few screenshots and noted that the suite …
Sachin Agarwal / Twitter Blog:
New profiles for everyone  —  A few months ago, we introduced new Twitter profiles so that you could make your profile beautiful and display your style on your profile page.  By uploading a header photo on twitter.com or our mobile apps on iPhone, iPad or Android, you can make your profile more uniquely yours.
Katherine Rushton / Telegraph:
Dell founder ‘turned down Autonomy’  —  Billionaire entrepreneur Michael Dell has revealed that Autonomy was offered to him before it was bought by Hewlett-Packard, but that he rejected the British software firm because it was “overwhelmingly obvious” that it was overpriced.
Dan Goodin / Ars Technica:
25-GPU cluster cracks every standard Windows password in < 6 hours  —  Welcome to Radeon City, population: 8.  It's one of five servers that make up a high-performance password-cracking cluster.  —  Jeremi Gosney  —  A password-cracking expert has unveiled a computer cluster …
Jon Russell / The Next Web:
Motorola to exit South Korea in 2013, as Google restructuring claims another 500+ jobs  —  Motorola Mobility is to close down almost all of its operations in South Korea next year as its reorganization under the ownership of Google continues.  The phone maker will keep 10 percent of its local R&D staff …
Jessica Guynn / Los Angeles Times:
FTC: Most mobile apps for kids secretly collect and share information  —  A study from the Federal Trade Commission has found that most mobile apps for kids are secretly collecting information from children including device IDs, phone numbers, locations, and other private information without their parents' knowledge or consent.
Matt Smith / Reuters:
Russia backs down on proposals to regulate the Internet  —  (Reuters) - A Russia-led coalition on Monday withdrew a proposal to give governments new powers over the Internet, a plan opposed by Western countries in talks on a new global telecom treaty.  —  Negotiations on the treaty mark …
More: The Verge and OSDir.com
Jon Russell / The Next Web:
Samsung hints it is announcing ‘something new’ at CES in January; could it be the Galaxy S4?  —  It's less than seven months since Samsung released the Galaxy S3, its flagship smartphone, in May, but already it appears that the Korean electronics giant is getting ready to unveil its sequel …
Etan Vlessing / Hollywood Reporter:
Detained John McAfee Sells Life Rights for Movie, TV  —  Montreal-based Impact Future Media says it has secured the exclusive IP rights to the embattled anti-virus pioneer, now wanted in Belize over the death of his neighbor.  —  TORONTO - U.S. anti-virus pioneer John McAfee …
Robin Wauters / The Next Web:
Nike to kick off a Nike+ startup accelerator in March 2013, powered by TechStars  —  Well, this is interesting: apparently TechStars delivers its acceleration programs out-of-the-shoebox these days.  —  TechStars has teamed up with sports footwear and apparel giant Nike to power …
Alex Wilhelm / The Next Web:
Facebook data suggests Microsoft has sold 4.2 million Windows Phone handsets since October  —  It was big news when Microsoft CEO Steve Ballmer told the world that Windows Phone devices were selling at four times their rate from 2011.  That, along with several other positive factors …
Matthew Panzarino / The Next Web:
Microsoft combats Google Knowledge Graph by adding people and places to its Snapshot sidebar  —  Back in August, Google launched its Knowledge Graph product on Search.  It's essentially a sidebar that provides direct contextual information about searches for people, places or things.
Kara Swisher / AllThingsD:
In “Seismic Shift,” New COO De Castro Planning to Move Yahoo Ad Sales to Category Model (Backed Up by “Marissa Halo")  —  In what will be a major shift in how the Silicon Valley Internet giant sells online advertising, Yahoo's new COO Henrique De Castro has briefed employees on a plan to move …

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Jon Fingas / Engadget:

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