Techmeme
May 20, 2013, 1:15 AM

Top News

Kara Swisher / AllThingsD:
Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected  —  The Yahoo board has approved a massive $1.1 billion all-cash deal to buy Tumblr.  —  Sources close to the board said the deal was a foregone conclusion and was an unanimous vote by the Silicon Valley Internet giant.
Kara Swisher / AllThingsD:
Tumblr Brand Will Remain — With Mostly “Hands-Off” Product Approach by Yahoo's Mayer  —  According to numerous sources close to the situation, the Tumblr brand will continue on in the wake of its $1.1 billion acquisition by Yahoo.  —  That includes definitive promises by Yahoo CEO Marissa Mayer …
More: TechCrunch, Forbes and PhoneArenaTweets: @rupertmurdoch
Ian Sherr / Wall Street Journal:
Microsoft's New Xbox Girds for a Smartphone Battle  —  Microsoft Corp. will unveil its new Xbox on Tuesday.  What's underneath the hood of the latest videogame console represents a multiyear odyssey of trying to figure out how to keep the machine “cool” in the age of smartphones and tablets.
Darrell Etherington / TechCrunch:
Former Google Exec Turns Whistleblower On Company's Tax Avoidance Machinations In The UK  —  Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails …
Andy / TorrentFreak:
RapidShare Fires 75% of its Staff After “Rogue Site” Revamp Bites  —  After its launch in 2004, RapidShare's speedy growth saw the company become one the largest file-hosting sites on the Internet.  —  However, like all sites of this nature, RapidShare became popular with those looking to store copyright-infringing material.
Darrell Etherington / TechCrunch:
Leaked Memo Shows Barnes & Noble Bringing Web Browser And Email To Simple Touch eReaders In June  —  An upcoming update will bring a web browser, email and update store app to Barnes & Noble's super affordable Nook Simple Touch line of e-readers, which will begin rolling out June 1 according …
James Trew / Engadget:
Dell Project Ophelia USB Android stick to ship in July, priced at $100  —  We know that “where for are thou?” was in search of a different Shakespearean character, but if you had the same question for (Dell's) Ophelia, then the answer is July.  The Android pendrive / USB computer we saw …
Eliza Kern / GigaOM:
Pinterest takes a “first step” toward working with big brands  —  Pinterest plans to announce a new type of pin on Sunday that will highlight a large number of major U.S. retail brands, marking the company's “first step” in integrating images with associated brands, and making it easier to click through links and purchase items.
Nick Bilton / NYT Bits:
At Google Conference, Cameras Even in the Bathroom  —  The future came crashing down on me this week at the Google I/O developer conference while I stood at a bathroom urinal.  —  I had just wrapped up a conversation with a man who owned a pair of Google's Internet-connected glasses, Google Glass.

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Microsoft:
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Avangate:
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