Techmeme
June 4, 2013, 4:25 AM

Top News

Kara Swisher / AllThingsD:
Zynga to Lay Off 520 Employees — 18 Percent of Staff — and Shutter New York and LA Offices in Refocus on Mobile  —  Zynga is laying off 18 percent of its workforce — which represents 520 employees — in a bid to reduce costs and more drastically restructure its troubled business toward mobile …
Mark Pincus / Zynga Company Blog:
CEO Update  —  Our Founder and CEO Mark Pincus today sent a note to employees outlining structural changes Zynga implemented today and provided some detail on cost-reductions that are taking place company-wide.  Please find his note, posted in its entirety, below.  —  To our Zynga Community,
Sean Hollister / The Verge:
‘Draw Something’ studio OMGPOP reportedly shuttered amid Zynga layoffs  —  One year ago, Zynga paid $180 million for OMGPOP, the creator of the wildly popular game Draw Something for iOS and Android.  Zynga seems to have decided that was a $180 million mistake.
Matthew Lynley / BuzzFeed:
Zynga's Web Empire Is Basically Dead  —  Zynga is laying off 520 employees in its largest restructuring yet.  Now the only question is whether it will survive as a mobile gaming company.  —  Via: Paul Sakuma / AP  —  Zynga today said it would lay off 520 of its employees …
Laura Hazard Owen / paidContent:
Apple denies conspiracy in ebook pricing trial: “Publishers fought [us] tooth and nail”  —  The Department of Justice's trial against Apple kicked off in New York Monday.  The DOJ alleges that Apple conspired with publishers to set ebook prices, while Apple argues that there was no conspiracy …
Josh Lowensohn / CNET:
Here's the Justice Department's case against Apple  —  The Department of Justice has posted its opening statements against Apple as the two head to trial over alleged e-book price fixing.  —  The Department of Justice has just released the 81-slide deck of its opening statements against Apple …
Wall Street Journal:
Obama Plans to Take Action Against Patent-Holding Firms  —  WASHINGTON—The White House on Tuesday plans to announce a set of executive actions President Barack Obama will take that are aimed at reining in certain patent-holding firms, known as “patent trolls” to their detractors …
Zach Miners / PC World:
Google says ‘no’ to sexually explicit content on Glass  —  Google Glass can, in theory, be used for lots of things, but sexually explicit material is one area now off limits to developers.  —  “We don't allow Glassware content that contains nudity, graphic sex acts or sexually explicit material …
Andrew Cunningham / Ars Technica:
The U is for Ultrabook: Intel's low-power, dual-core Haswell CPUs unveiled  —  The U is actually for “Ultra-low voltage,” but either way we're looking at laptop CPUs.  —  Intel  —  On Saturday, Intel officially took the wraps off its first next-generation desktop and laptop CPUs based on the “Haswell” architecture.
Casey Newton / The Verge:
Mad genius Rickrolls and crashes Vine with full-length music video embed  —  Web developer Will Smidlein managed to bypass the six-second upload limit on Vine today, inserting the entirety of Rick Astley's immortal “Never Gonna Give You Up” into a post that was ultimately taken down by Twitter.
More: Throwww and TechCrunchTweets: @ws
Sean Percival / Sean Percival's Blog:
How to Survive the Series A Crunch—From Someone Who Didn't … The above tweet really encapsulates what's required to lead an early-stage startup.  If you're a fellow founder, you're likely nodding your head a bit now.  You already know how tough it can be to manage the delicate act of balancing all of the above.
Tweets: @infoarbitrage
Arik Hesseldahl / AllThingsD:
Inside Dell's Scorched-Earth PC and Server Price-War Plan  —  Dell, the struggling computer maker that plans to go private in a leveraged buyout transaction, has a plan to compete aggressively to retake some of its lost share in the market for personal computers and servers.
More: GigaOM
Ina Fried / AllThingsD:
E-ink Announces New 1.7-inch Screen Aimed at Smart Watch Market  —  Flexible display maker E Ink is trying to think small.  —  The company, best known for making the display used on the Kindle and other e-readers, has been trying to find a range of new markets for its screens …
Reuters:
Lenovo says in initial talks on smartphone venture  —  (Reuters) - China's Lenovo Group Ltd, the world's No.2 PC maker by shipments, said on Tuesday it was in preliminary talks with an unidentified party on a potential smartphone business joint venture.  It gave no further details.
More: ZDNet
Connie Loizos / PE Hub Blog:
Jason Calacanis is Raising a VC Fund to Back Startups from His Launch Conferences  —  Jason Calacanis, the L.A.-based entrepreneur behind Launch, a series of conferences and events for investors and entrepreneurs, is raising a $10 million venture fund, according to a new SEC filing.
More: VentureBeat and ValleywagTweets: @danprimack
Peter Delevett / SiliconBeat:
Exclusive: Miley Cyrus barnstorms Silicon Valley to tout single 'We Can't Stop'  —  Monday was a busy day for Miley Cyrus.  The Hannah Montana star and platinum-selling singer's latest single, “We Can't Stop,” made its debut, and Cyrus was up bright and early to promote it on LA's pop powerhouse KIIS-FM with host Ryan Seacrest.
Tweets: @ebboydThanks:@mercwiretap

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