Techmeme
April 6, 2013, 4:09 AM

Top News

Reuters:
Exclusive: Former News Corp President Chernin bids $500 million for Hulu  —  (Reuters) - Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
Diane Bartz / Reuters:
ITC judge says Samsung infringes key part of Apple patent  —  (Reuters) - Samsung Electronics Co Ltd infringed a key portion of an Apple Inc patent by including a text-selection feature in its smartphones and tablets, an International Trade Commission judge said in a preliminary decision.
Nicole Perlroth / NYT Bits:
Fake Twitter Followers Becomes Multimillion-Dollar Business  —  Far from slowing, the market for fake Twitter followers seems to be taking off.  —  The fake Twitter follower phenomenon made headlines last summer after Mitt Romney's Twitter following jumped by 100,000 in a matter of days.
Zachary M. Seward / Quartz:
The JOBS Act turns one, and let's be honest, it's a failure  —  On April 5, 2012, in the Rose Garden of the White House, US president Barack Obama signed the Jumpstart Our Business Startups Act, one of those distinctly American pieces of legislation that hits you over the head with an unequivocally positive acronym—in this case, JOBS.
Alyson Shontell / Business Insider:
The Story Of A Failed Startup And A Founder Driven To Suicide  —  A few months ago, on Sunday, January 27, an entrepreneur named Jody Sherman had plans to see a movie with a friend.  —  But that afternoon, the friend received a call from Jody's wife, Kerri.  —  Jody had gone missing.
Ernesto / TorrentFreak:
Movie Studios Want Google to Take Down Their Own Takedown Request  —  There's a dark side to Google's transparency efforts, especially when it comes to publishing DMCA requests it receives from copyright holders.  —  With more than 100 million links to pirated files Google is steadily building …
Emanuel Maiberg / Inside Social Games:
Zynga hopes to retain top executives with bigger bonuses tied to performance, Mark Pincus' new annual salary is $1  —  Zynga today filed a form 8-K with the Securities and Exchange Commission which reveals that in 2013 the company's top executives will be compensated with larger bonuses …
Om Malik / GigaOM:
Dante D'Orazio / The Verge:
Google Fiber could expand to Austin as city preps for joint announcement next week  —  Google and the City of Austin, Texas have sent out invites for a press conference for “a very important announcement” next week, according to VentureBeat, and it is expected that the two will reveal …
Eliza Kern / GigaOM:
Twitter co-founders clarify Obvious Corp. structure, say Medium now operates independently  —  Twitter co-founders Biz Stone and Evan Williams re-launched the Obvious Corporation in June 2011, bringing back the umbrella organization from which they've launched startups like Blogger and Twitter.
More: Medium, TechCrunch and memeburnTweets: @rafat
Joe Weisenthal / Business Insider:
Jeff Bezos invests in Business Insider [Full Internal Memo]  —  Jeff Bezos has invested in Business Insider, according to an internal memo that has just been obtained.  Here's the memo from Business Insider CEO and Editor-in-Chief Henry Blodget: Team, I wanted to share the details of the financing we mentioned last night.

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Vanta's Christina Cacioppo: The Underdog Turning 'Nonsense' Compliance Into A $4.2B Security Standout
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Earlier Picks

Nick Summers / The Next Web:
Joe Jerde / BlackBerryOS.com: