Yahoo's Bid for Hulu in $600M to $800M Range — Even as It Preps Other Big Deals in Mobile and Communications  —  According to numerous sources close to the situation, Yahoo has bid from $600 million to $800 million for the premium video site Hulu.  —  The reason for the wide range is due …

Lambda Labs Is Launching A Facial Recognition API For Google Glass  —  Lambda Labs, an early-stage startup out of San Francisco, is preparing to release a facial recognition API for developers working on Google Glass apps.  The API will be available to interested developers within a week, company co-founder Stephen Balaban says.

Meet the 28-Year-Old CEO of Bang With Friends  —  The last time I met up with “C”, the CEO of Bang with Friends, it was for a boozy night of bar-hopping that ended up on a Brooklyn rooftop.  He refused to tell me his last name.  That changed last week when the Webutante Ball inadvertently outed Colin Hodge …

The Xbox One can talk to you, will feature remote play  —  Microsoft's day-long media outing for the Xbox One this week was only the first of a two-stage unveiling for the new console, and the E3 event won't be just about games.  —  Among the features not yet shown off for the console …

Facebook looking to relocate in NYC, sources say  —  The social networking giant is negotiating to take 160,000 square feet at 770 Broadway in midtown south at a time when other tech firms are migrating downtown because rents have been rising in the tech-heavy neighborhood.

‘The Internship,’ now starring ... Google  —  Google has a big role in the comedy ‘The Internship,’ starring Owen Wilson and Vince Vaughn.  The tech giant was a demanding cast member at times.  —  Vince Vaughn and Owen Wilson on the campus of Google in a scene from the movie, ‘The Internship.’ …

As Populist as it May Feel, 98% of VCs Aren't Dumb  —  By now you will likely have read Andy Dunn's scathing post about Venture Capitalists in which he decries the industry's masses.  —  I read Andy's post with a knowing smile on my face.  After all, I am no stranger to the publicly expressing …

Mr. China Goes To San Francisco  —  A block from the Mariposa on-ramp and in the eye-line of 90,000 cars whizzing by on 280 sits an old warehouse that was home to the San Francisco Bay Guardian, a local alt weekly, and Digg.  Most of the building is gutted, and inside they are working on the …

Source confirms Intel's big score: Samsung tablet using an Atom chip  —  Intel's long years investing in mobile processors are about to pay off with its biggest win to date.  We've confirmed that the next Samsung Galaxy tablet, the Samsung Galaxy Tab 3, will have an Intel Atom chip based on the Clover Trail code name.

Reports: Liberty Reserve Founder Arrested, Site Shuttered  —  The founder of Liberty Reserve, a digital currency that has evolved as perhaps the most popular form of payment in the cybercrime underground, was reportedly arrested in Spain this week on suspicion of money laundering.

On market share  —  For the last couple of years, the standard way to look at the progress of the ‘platform war’ between Apple, Google and the now near-vanquished Nokia and RIM was ‘smartphone market share’: each platform's share of the share of the phone units sold each quarter that could be defined as ‘smart’.