Techmeme
April 15, 2013, 6:05 PM

Top News

Bloomberg:
Apple Dominates Best-Paid as Board Retains Jobs Deputies  —  Four of the five highest-paid employees at Standard & Poor's 500 companies aren't chief executive officers.  They're Apple Inc. (AAPL) senior lieutenants receiving compensation packages designed to keep management intact in an increasingly competitive industry.
Wall Street Journal:
Dish Launches $25.5 Billion Bid for Sprint  —  Satellite-TV provider Dish Network Corp. is making a $25.5 billion bid for Sprint Nextel Corp., an effort to derail the No. 3 U.S. wireless carrier's acquisition by Softbank Corp. of Japan.  —  Dish is offering to pay $4.76 in cash and about $2.24 …
Lorraine Luk / Wall Street Journal:
Foxconn Steps Up Hiring As Apple Readies New iPhone  —  TAIPEI—Foxconn Technology Group has resumed hiring assembly-line workers in China after a postholiday freeze, in the latest sign that major customer Apple Inc. is gearing up for production of the new iPhone.
Jonathan Stempel / Reuters:
Trader admits fraud in $1 billion Apple stock scheme  —  (Reuters) - A former Rochdale Securities trader whose unauthorized purchase of about $1 billion of Apple Inc stock caused the demise of the financial services company pleaded guilty on Monday to wire fraud and conspiracy.
Wall Street Journal:
Microsoft Working With Suppliers on Designs for Touch-Enabled Watch Device  —  TAIPEI—Microsoft Corp. is working on designs for a touch-enabled watch device, executives at suppliers said, potentially joining rivals like Apple Inc. in working on a new class of computing products.
Mike Rose / Gamasutra:
EA backs off from Facebook in a big way  —  In a surprise announcement, Electronic Arts today revealed that it is retiring a number of its biggest Facebook games, including The Sims Social.  —  The Sims Social in particular has been extremely popular in the past, with 10 million daily active users recorded towards the end of 2011.
Stephanie Bodoni / Bloomberg:
Google Offer to Settle EU Antitrust Probe Unacceptable to Rivals  —  Google Inc. (GOOG)'s offer to settle an antitrust probe with the European Union by labeling its own services more clearly in Web search results is a “non-starter” for competitors such as Microsoft Corp. (MSFT)
Claire Cain Miller / New York Times:
Joanna Stern / ABCNEWS:
Facebook and State Attorneys General Team Up to Educate Teens and Parents about Privacy  —  While some reports indicate that teen Facebook use is on the decline, Facebook along with the National Association of Attorneys General are about to become laser focused on educating that younger demographic …
C. Custer / Tech in Asia:
Scammers in China Exploit Apple to Turn Fake iPhones into Real Ones  —  Apple has been taking quite a bit of stick over the last month for its after-sales service practices in China, and perhaps rightfully so.  But instead of being exploited by Apple, police have discovered …
Quentin Hardy / NYT Bits:
‘Lean In’ Software Goes Corporate  —  The networking technology that powers Sheryl Sandberg's “Lean In” campaign has its own ambitions to rise inside corporations.  —  “Lean In” is the best-selling book written by Ms. Sandberg, the chief operating officer of Facebook, with Nell Scovell.
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