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June 4, 2013, 9:15 AM
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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,
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 …
Agam Shah / PC World:
Intel shows first smartphone with Merrifield chip  —  Intel on Tuesday showed the first smartphone based on its next Atom smartphone chip code-named Merrifield, which will provide better performance and battery life than current Atom chips.  —  The Merrifield chip will offer 50 percent better performance …
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.
Josh Lowensohn / CNET:
Here's the Justice Department's case against Apple
Tim Culpan / Bloomberg:
HTC Operations Chief Steps Down as Profit Slumps on Phone Delays  —  HTC Corp. (2498) Chief Operating Officer Matthew Costello will step down after less than three years at Taiwan's biggest smartphone maker amid slumping sales that have pushed down shares 76 percent in the past two years.
Lilly Vitorovich / Wall Street Journal:
Europe Is Losing the 4G Race  —  Once a Pioneer in Cellphone Technology, the Region Trails Asia and the U.S. as Regulation Threatens Network Investment  —  Vodafone said it will boost its network investment in its home market.  Pictured, a company store in London
Juli Clover / MacRumors:
Apple Begins Offering In-Store iPhone 5 Display Replacements for $149  —  As part of a shift to lower repair costs, Apple has begun replacing iPhone 5 screens at its retail locations.  The new display replacement service is priced at $149 and can be purchased with or without AppleCare+.
Reuters:
Lenovo planning smartphone venture in expansion drive  —  (Reuters) - China's Lenovo Group Ltd, the world's No.2 PC maker, is in detailed discussions on a smartphone venture with NEC Corp, a Japanese partner in PCs whose mobile business is faltering, as it eyes partnerships and acquisitions to expand in high-growth markets.
Steve Ranger / ZDNet:
Online throttling and site-blocking to be outlawed in Europe under net neutrality plan  —  Summary: We will guarantee access to the full and open internet on every device, on every network, says the EU's digital chief.  —  Steve Ranger  —  ISPs will be barred from blocking …

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

More News

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Zach Miners / PC World:
Google says ‘no’ to sexually explicit content on Glass
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