Live from Microsoft's next Xbox event  —  We're live blogging Microsoft's next Xbox announcement.  The tagline on the screen is “A New Generation Revealed” and we're inside a tent on Microsoft's soccer pitch.  The usual pre-event executive gladhanding is going on, the the steady, mellow beat of some pretty chill music.

Ireland rejects blame for Apple's low tax rate  —  (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.

Hazards of the Buzzy Startup in Light of Tumblr Buy  —  Yahoo's Purchase of Tumblr Puts Spotlight on Highfliers Like Pinterest, Quora With Little Revenue  —  Yahoo Inc.'s $1.1 billion deal for Tumblr Inc. is a fairy-tale ending for the blogging site, which fetched a rich price despite its meager revenue.

IBM's Watson Now A Customer Service Agent, Coming To Smartphones Soon  —  IBM's question-answering Watson supercomputer is building quite the résumé.  First it won a much-publicized showdown against the two greatest Jeopardy! champions of all time, then it went to medical school and emerged as a budding oncologist.

Customers not as happy with iPhone as they were last year  —  The American Customer Satisfaction Index shows Apple remains on top, but it's declining while Motorola, Nokia, and Samsung are rising.  —  The iPhone 5  —  More customers are satisfied with Apple's phones than any other handsets …

NY official: Airbnb stay illegal; host fined $2,400  —  An administrative law judge decides that a man leasing a condo broke New York's laws after he rented out part of his home on Airbnb.  —  New York officials have determined that a man who rented out part of his apartment on Airbnb …

A better, brighter Flickr  —  In the beginning, Flickr innovated the way people share and discover photos.  Today, we are shifting the photo-sharing landscape again.  We're releasing a Flickr that's more spectacular, much bigger, and one you can take anywhere.  —  Biggr.  A free terabyte of space

Spotify to Share Top-50 Song Lists  —  Music-streaming service Spotify AB Tuesday will begin publishing lists of its top 50 most-streamed songs and most-shared songs, embedded with links that allow fans to listen without registering or signing into the service.

The man who ‘nearly broke the internet’  —  Sven Olaf Kamphuis is accused of global cybercrime, but Spanish police found him in a squalid flat with his name on the letterbox  —  The day Sven Olaf Kamphuis parked his huge orange Mercedes van with its German numberplates outside Bar Javis …

Microsoft launches The Music Room, an interactive TV series on Xbox Live  —  A day ahead of its hotly anticipated Xbox event, Microsoft has announced a new interactive TV series entitled The Music Room, exclusively on Xbox Live.  As a part of Microsoft's drive to beef up Xbox's entertainment content …

Opera's WebKit-Based Android Browser Exits Beta To Battle Apps For Users' Attention  —  Browser maker Opera's first WebKit browser has exited beta.  The full launch for the browser previously code-named Ice adds a few additional minor updates to the meaty feature-set demoed at the Mobile World Congress tradeshow back in February.

Intel CEO shakes up divisions, creates ‘new devices’ unit -source  —  (Reuters) - Intel Corp new Chief Executive Officer Brian Krzanich has re-organized key business groups and created a “new devices” unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming control.