Techmeme
May 9, 2013, 12:50 PM

Top News

Ingrid Lunden / TechCrunch:
Reports: Facebook Is Buying Social Mapping And Traffic App Waze For Up To $1B To Court More Mobile Users  —  Facebook appears to be close to making another billion-dollar acquisition to once again ramp up its mobile efforts: according to two reports in the Israeli press at Calcalist …
TechCrunch:
Microsoft Mulling Nook Media LLC Purchase For $1 Billion  —  Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we've obtained.
Ashlee Vance / Businessweek:
Netflix, Reed Hastings Survive Missteps to Join Silicon Valley's Elite  —  On a normal weeknight, Netflix (NFLX) accounts for almost a third of all Internet traffic entering North American homes.  That's more than YouTube, Hulu, Amazon.com (AMZN), HBO Go, iTunes, and BitTorrent combined.
Clare Jim / Reuters:
Apple supplier Pegatron boosts China workforce by 40 percent in second quarter  —  (Reuters) - Pegatron Corp, an assembler of Apple Inc's iPhone and iPad, said it would increase its number of workers in China by up to 40 percent in the second half of the year, fuelling market speculation of a new cheaper iPhone.
Alex Wilhelm / The Next Web:
Yahoo acquires GoPollGo polling service, shuts down all widgets, polls and properties  —  Today GoPollGo announced that it has been acquired by Yahoo Mobile.  The online polling company hadn't reached its third birthday.  Financial terms of the deal were not disclosed.
Josh Constine / TechCrunch:
Yahoo Acquires Tech And Talent Of Frequent Flyer Flight Search Startup MileWise, And Shuts It Down  —  Yahoo has just acquired frequent flier search startup MileWise, whose team will move to New York to join the recently acquired Stamped team on Yahoo's mobile department.
Jim Dalrymple / The Loop:
The Loop magazine for iPhone and iPad released  —  The Loop magazine for iPhone and iPad released  —  On New Years Eve last year I said that I had some big plans for The Loop in 2013.  The biggest of those plans is The Loop magazine for iPhone and iPad, which is available from the App Store today.
Kim Zetter / Wired:
Use These Secret NSA Google Search Tips to Become Your Own Spy Agency  —  There's so much data available on the internet, that even government cyberspies need a little help now and then to sift through it all.  So to assist them, the National Security Agency produced a book to help its spies uncover intelligence hiding on the web.
Jeff Blagdon / The Verge:
EA confirms 10 percent of staff laid off in major restructuring  —  During video game conglomerate EA's most recent earnings call, the company's CFO confirmed that it has laid off the roughly 900 workers whose jobs were rumored to be on the chopping block last month.
Richard Lawler / Engadget:
Sony's 2012 earnings show a net profit of $458 million, its first since 2008  —  We've already heard from Sony about the positive effects some of its recent moves like the sales of several of its buildings are having on its finances, and now the company is revealing its detailed results for the last year.
Jamie Rigg / Engadget:
Nokia unveils the touchscreen Asha 501 with new software platform, we go hands-on (video)  —  One or more additional members are expected to join Nokia's Lumia line-up next Tuesday, but today the company has chosen New Delhi as the stage to unveil the Asha 501, a new touchscreen handset …
Dean Takahashi / VentureBeat:
Ouya raises $15M from Kleiner Perkins and Mayfield and delays launch  —  Ouya is just a kid on the block alongside the game consoles from Nintendo, Microsoft, and Sony.  But it's graduating to a higher level today as the maker of the $99 Android game console is announcing that it has raised $15 million …
Josh Constine / TechCrunch:
Google Framed As Book Stealer Bent On Data Domination In New Documentary  —  “Google And The World Brain” is a new documentary about Google's plan to scan all of the world's books, which triggered an ongoing lawsuit being heard today.  The hair-raising film sees Google import millions of copyrighted works …
Dan Frommer / SplatF:
AOL vs. Netflix: The Entire Internet In One Simple Chart  —  Dialup out, broadband in.  It doesn't get more clear than this.  —  At the end of March, almost 2.7 million people still subscribed to AOL service, the company reported this morning.  That's about where Netflix stood at the end of 2004.
Robin Wauters / The Next Web:
BlueStacks rivals OUYA with GamePop Android console and a $6.99 per month “Netflix for games” service  —  As Kickstarter poster boy OUYA is gearing up to start selling its Android-based video game console in retail stores at the end of next month, backed by a fresh $15 million in VC funding …
Bloomberg:
Apple, Oracle Pay Their CFOs the Most as Cash Hoards Grow  —  Five of the ten best-paid finance chiefs last year work in the technology industry, as executives at companies from Apple Inc. (AAPL) to Google Inc. (GOOG) were rewarded for increasing profit, amassing cash and minimizing taxes.
New York Times:
Fwd.Us Raises Uproar With Advocacy Tactics  —  “Move fast and break things” has been the motto at Mark Zuckerberg's Facebook, embodying the Silicon Valley ethos of unapologetically finding new ways to solve old problems.  His latest foray into politics in Washington, however, might be characterized as …
More: PandoDaily
Jeff Jordan / Fortune:
Godzilla vs. Mothra, the sequel  —  What happens when two giants collide?  —  FORTUNE — Amazon and Google are on a collision course.  —  When I was at eBay, we had a belief that no one was going to compete with us by replicating exactly what we were doing.  We had first mover advantages and network effects.
More: Wired
Microsoft:
Microsoft names Corporate Vice President Amy Hood as new Microsoft chief financial officer  —  Former CFO for the Microsoft Business Division succeeds outgoing CFO Peter Klein.  —  Microsoft Corp. today announced that Amy Hood was named Microsoft chief financial officer …
Brian Krebs / Krebs on Security:
Trade Sanctions Cited in Hundreds of Syrian Domain Seizures  —  In apparent observation of international trade sanctions against Syria, a U.S. firm that ranks as the world's fourth-largest domain name registrar has seized hundreds of domains belonging to various Syrian entities …

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