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April 9, 2012, 1:55 PM
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Top News

Mark Zuckerberg / Facebook:
I'm excited to share the news that we've agreed to acquire Instagram  —  I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.  For years, we've focused on building the best experience for sharing photos with your friends and family.
Alexia Tsotsis / TechCrunch:
Right Before Acquisition, Instagram Closed $50M At A $500M Valuation From Sequoia, Thrive, Greylock And Benchmark  —  I'm as shocked as you are, namely because I was working on this as a funding story all morning.  Anyways, right before its billion dollar acquisition from Facebook …
Tweets: @danprimack
Ingrid Lunden / TechCrunch:
AOL Sells 800 Patents For $1 Billion To Microsoft [Memo To Staff]  —  This just in: one chapter of AOL's patent journey is coming to an end.  The company is selling 800 patents to Microsoft for just north of $1 billion.  —  Tim Armstrong, the CEO of AOL, says that the company will continue …
Robin Wauters / The Next Web:
AOL sells more than 800 patents to Microsoft in $1 billion+ cash deal  —  Huge news from the patent front this morning, as AOL (note: my employer until very recently) and Microsoft have struck a deal that will see the former sell more than 800 of its patents to the Redmond software giant.
Jonathan Koomey / Technology Review:
The Computing Trend that Will Change Everything  —  Computing isn't just getting cheaper.  It's becoming more energy efficient.  That means a world populated by ubiquitous sensors and streams of nanodata.
Brian X. Chen / Bits:
On Release Date, Crucial Nokia Phone Is Hard to Buy in New York  —  AT&T said last month that when Nokia's new Lumia 900 phone went on sale April 8, it would benefit from the company's biggest product introduction ever, exceeding even the iPhone's.  —  The big day is here.
Matthew Panzarino / The Next Web:
AT&T's iPhone unlock process detailed: A quick online chat, Apple does the unlocking, requires IMEI only  —  If you're looking to have your iPhone unlocked from AT&T's service, you can do so over the company's online chat and Apple is the one actually doing the unlocking.
Jessica Guynn / Los Angeles Times:
Ex-Facebook insiders building next wave of Silicon Valley firms  —  An elite group of Facebook friends, most still in their 20s, have already helped change the world.  Now they're working together to do it again.  —  SAN FRANCISCO — All eyes are on Facebook Inc., which is on the verge of a $100-billion initial public stock offering.
Gregg Keizer / Computerworld:
Expert: iPad Wi-Fi issues may be linked to power management  —  Unlikely that faulty hardware causing poor wireless connections  —  The Wi-Fi reliability problems reported by iPad owners can probably be solved with a software update, a hardware expert said Friday.
Jason Del Rey / AdAge:
Google Plots Web Domain-Buying Spree  —  Search Giant Among Brands That Say They Plan to Apply for Generic Top-Level Domains  —  This week marks a major step toward a dramatically expanded internet, but only a few brands — including Google and Deloitte — say they'll take advantage of it.
Robin Parrish / Apple Gazette:
Inside Apple HQ  —  Outside the main entrance at Apple Headquarters  —  Insiders call it the Mothership.  It's Apple's headquarters in Cupertino, California, and to Apple fans, it's a place thought of with romance and wonder.  Only the privileged elect have ever been deep within …
More: PhoneArena
Brooks Barnes / Media Decoder:
Google Moves In on Hollywood's Night in Washington  —  Google and its executive chairman, Eric E. Schmidt, played a leading role in defeating antipiracy legislation last year.  —  LOS ANGELES — The annual White House Correspondents' Association dinner is Hollywood's big night in Washington.
Leena Rao / TechCrunch:
SEC Filing: Chris Sacca Raising $25M For New Fund, Lowercase Spur  —  Investor Chris Sacca is raising as much as $25 million for his new fund, Lowercase Spur, according to a new SEC filing.  He's been working on it for at least a little while — Bloomberg BusinessWeek heard he was working on it a month ago …
Tricia Duryee / AllThingsD:
Woof!  Rover.com Fetches $3.4 Million to Be Airbnb for Dogs.  —  Rover.com has raised $3.4 million to be the Airbnb of the dog-boarding market.  —  Rover is an alternative to dog kennels, much like how Airbnb offers an alternative to staying in hotels.  —  In addition to announcing …
Brian X. Chen / New York Times:
How to Budget Megabytes Becomes More Urgent for Users  —  Everyone knows how long a minute is.  And your cellphone carrier keeps close tabs on how many you have used this month.  Now, in the smartphone era, more people are being forced to think about how many megabytes of data they are using.
More: BuzzFeed
Shinichi Saoshiro / Reuters:
Sony to cut global workforce by 10,000: Nikkei  —  (Reuters) - Sony will cut its global workforce by about 10,000, or 6 percent of its entire workforce, by as early as the end of 2012, the Nikkei newspaper reported on Monday.  —  The loss-making electronics firm may also request …
Enigmax / TorrentFreak:
MPAA Joins Google, Facebook, EFF In Repeat Infringer Copyright Battle  —  Flava Works, Inc v. Gunter is an ongoing case involving an adult studio plaintiff and a user-submitted video links/video embedding site.  —  It has become so important that some of the world's leading Internet companies …

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From Mediagazer

New York Times:
Sources: CNN CEO Mark Thompson told Paramount he would not share oversight of CNN with another exec, as David Ellison weighs whether to put Bari Weiss in charge

Emily Dreyfuss / The San Francisco Standard:
An interview with Brian Stelter about the Murdoch family's moves to boost their political influence in California, including the launch of the California Post

Lucas Shaw / Bloomberg:
A look at AI's potential for animation as Hollywood stays cautious; some animators expect better, not cheaper, films, while others see costs falling 30% to 90%

More News

Earlier Picks

Jason Freedman / 42Floors:
Did everybody see what just happened? The pendulum has swung.
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