Yahoo's New CEO Preps Major Restructuring, Including Significant Layoffs  —  According to multiple sources both inside and outside the Silicon Valley Internet giant, Yahoo's CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands.

Burstly Quietly Acquires TestFlight and Secretly Builds TestFlight Live  —  Towards the end of last year, I reached out to the guys behind TestFlight to see if they were interested in talking about their funding situation.  You can't blame me.  It seems that nearly every popular iPhone app …

Targeting Merchants, Square Debuts Register iPad App And Analytics; Now Processing $4B In Payments Per Year  —  As we reported earlier this year, mobile payments company Square revealed that it was planning to add a number of new operational capabilities and data analysis to the register, including in-depth analytics.

Apple's iPad 3 Launch Putting Squeeze on Freight Shipments from China  —  While rumors of iPad 3 shipments already being en route having been circulating for some time now, we're now hearing from shipping representatives at other companies who are having a difficult time even getting …

Plans for ‘TV Everywhere’ Bog Down in Tangled Pacts  —  It was dubbed “TV Everywhere.”  But for many TV viewers, it has had trouble going anywhere.  —  Nearly three years after Time Warner Inc. and Comcast Corp. kicked off a drive to make cable programming available online for cable subscribers …

Have Arrington and Conway screwed up big time with their investment in Highlight?  —  Tonight I'm getting message after message that friend after friend has joined Highlight (the photo above is of Paul Davison showing it off to some of its first users back in December on the day it launched into a closed beta).

Numecent makes any app a Web app  —  “Memory manager in the network” improves performance, bandwidth efficiency for Web apps and makes it possible to stream virtual machines.  —  Neat trick: Numecent runs memory paging through the Internet.  —  Numecent is rolling out its “cloud paging” technology today.

Senator Schumer asks FTC to probe Apple, Android  —  (Reuters) - A U.S. senator has urged the Federal Trade Commission to investigate reports that applications on the Apple Inc and Google Inc mobile systems steal private photos and contacts and post them online without consent.

Samsung denies April launch for Galaxy S III, will tell us on Twitter when the time is right  —  We recently heard from ZDNet Korea that Samsung's much sought-after Galaxy S III was on track for an April launch, but the company itself has taken to Twitter to refute these claims.

Taking the long view  —  INSIDE a remote mountain in Texas, a gargantuan clock is being pieced together, capable of telling the time for the next 10,000 years.  Once the clock is finished, people willing to make the difficult trek will be able to visit the vast chamber housing it …

Proview fights for iPad trademark all the way to bankruptcy  —  It's a lot harder to pursue a trademark case when you're bankrupt.  And that could soon be the scenario faced by Proview, the Taiwanese company that is asserting that it — and not Apple — owns the iPad trademark in China.

Rolling Up My Sleeves  —  6 months ago I walked away from what might be the greatest job ever.  I had meaningful work at a place i truly called home.  It was a scary decision, but the right one: 14 years had managed to grind me down.  I needed to shake things up, but thats easier typed than done with a wife and two kids.

FWD: FWD: FWD: HELLO  —  Welcome to BuzzFeed FWD .  Tech, for humans.  —  Forward.  That's where technology is supposed to take us.  It took us to the moon!  It connected the world.  It brought us... Pinterest.  —  Tech used to be a discrete thing in our lives …

Dotcom extradition papers filed  —  The United States Government has filed its application to have Megaupload founder Kim Dotcom and three associates extradited to face charges of breaching copyright.  —  Crown Law is handling the case on behalf of the US Government.

The Bright Side of Being Hacked  —  SAN FRANCISCO — Hackers operating under the banner Anonymous have been poking a finger in the eye of one private company after another for two years now.  —  They steal files from inside corporate computer systems and occasionally, as in the case of Stratfor last week …

Ovi Share to be discontinued  —  GLOBAL - We have made the decision to discontinue the Ovi Share service as of May 30, 2012.  Naturally, we are committed to helping you download all of your content and make the experience as seamless as possible.  —  If you are an Ovi Share user …

Globalfoundries goes independent, buying out AMD ownership  —  Globalfoundries marked its third year as a chip manufacturing foundry by buying out the shares owned by Advanced Micro Devices.  That fulfills the company's goal of becoming an independent foundry, or contract chip manufacturer.

The Search For A New Business Model  —  HOW NEWSPAPERS ARE FARING TRYING TO BUILD DIGITAL REVENUE  —  By Tom Rosenstiel and Mark Jurkowitz of PEJ  —  A new study, which combines detailed proprietary data from individual newspapers with in- depth interviews at more than a dozen major media companies …

China Mobile reaches 15 million iPhone users, despite not selling the Apple device  —  You've probably heard it all before but China Mobile is a behemoth.  The state-owned operator has the most subscribers of any any telco in the world — 655 million — and yet it still does not have a partnership to sell Apple's iPhone in China.

Facebook's first desktop app for Windows gets its official launch today  —  Facebook is officially launching its first Windows desktop app today.  —  Facebook Messenger, which allows you to see and respond to Facebook activity, including chat messages, will allow users to keep up with their friends …

Hackers Allegedly Steal Sony's Archive Of 50k+ Michael Jackson Tracks  —  Sony (NYSE: SNE) is facing yet another major security breach.  Hackers reportedly illegally downloaded over Michael Jackson's entire back catalog, consisting of 50,000 tracks, many never released.

Isis adds four new payment system providers to its mobile wallet venture  —  NFC and mobile payments have been buzzwords in the industry for some time now, but paying for stuff with your smartphones still isn't something even the most technologically-minded do very often.