Techmeme
May 18, 2013, 8:10 PM

Top News

AllThingsD:
Yahoo Board to Meet Sunday to Consider $1.1 Billion, All-Cash Deal to Acquire Tumblr  —  According to sources close to the situation, the Yahoo board plans to meet Sunday night to decide whether to approve a $1.1 billion all-cash offer for New York-based blogging site Tumblr.
Joshua Brustein / Businessweek:
If Yahoo Buys Tumblr, What Will It Do With All That Porn?  —  If Yahoo succeeds in its attempt to acquire Tumblr, it will end up with one of the hottest Internet properties in today's Web, with access to the coveted youth market and a foothold in mobile.  —  It will also wind up with a whole lot of porn.
More: GigaOM and Valleywag
Jeff Bercovici / Forbes:
Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling  —  The Tumblr sweepstakes have begun.  —  According to multiple reports (the first coming from All Things D), the social blogging site is in serious talks with Yahoo , which is looking to secure a strategic investment …
Scott Stein / CNET:
Glasses with Google Glass: Prescription versions appear at Google I/O  —  What about Google Glass for those who don't like contacts?  A few glasses with Glass attached were lurking on the show floor.  —  SAN FRANCISCO—Google Glass currently comes in five colors and has a pop-in sunglass visor …
Paul Sloan / CNET:
One issue holding up Apple iRadio: The economics of skipping songs  —  Apple wants to roll out its streaming music service this summer, but it's still hammering out details with Sony Music over some very specific terms.  —  Apple, which has been aiming for a summer rollout of a streaming music service …
Rip Empson / TechCrunch:
Grubless?  Online Takeout Giants GrubHub And Seamless In Talks To Merge  —  Today, thanks to the maturation of the web, digital tech, and smartphones now in seemingly every pocket, startups are finding it easier than ever before to build scalable solutions to finally address the many inefficiencies …
More: The Verge
Ingrid Lunden / TechCrunch:
With PayPal-Like Ambitions For Bitcoin, BitPay Raises $2M Led By Founders Fund  —  BitPay, the startup with ambitions to become the PayPal of the bitcoin world, is today announcing that it has raised another $2 million.  And in a kind of poetic justice, the round is led by none other than the Founders Fund …
Neha Alawadhi / Reuters:
Yahoo Japan suspects 22 million user IDs leaked: Kyodo  —  (Reuters) - Yahoo Japan Corp said on Friday night it suspected that up to 22 million of its user IDs may have been “leaked” and it detected an unauthorized attempt to access the administrative system of its web portal Yahoo Japan, the Kyodo news agency reported.

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