May 3, 2012, 11:25 AM

Top News

Josh Constine / TechCrunch:
Evernote Raises $70M At A $1B Valuation To Prep For An IPO, And The Next 100 Years  —  It's official.  To transition from a startup into a late-stage company that aims to be around for 100 years, Evernote today confirms it's raised a $70 million Series D round of funding at a $1 billion valuation.
Liz Gannes / AllThingsD:
Microsoft Hires 14 Yahoo Researchers to Kick-Start New NYC Research Lab  —  Over the weekend, I reported that Duncan Watts, the well-known social network researcher, had left Yahoo to join Microsoft.  Turns out he's not the only one.  —  Microsoft snatched up not only Watts …
The Midas List — 2012's Top Tech Investors  —  1 Jim Breyer Accel Partners Facebook — 2 Marc Andreessen Andreessen Horowitz Skype — 3 Reid Hoffman Greylock Partners LinkedIn — 4 David Sze Greylock Partners Facebook — 5 Peter Fenton Benchmark Capital Twitter — 6 Josh Kopelman …
Jay Yarow / Business Insider:
Apple Is Beating Android In The U.S., Despite Reports To The Contrary  —  Apple appears to have taken control of 50% of the smartphone market in the first quarter of 2012, despite a report to the contrary by NPD this morning.  —  NPD put out a press release saying Android …
Tricia Duryee / AllThingsD:
Boku Signs Up Final U.S. Wireless Operator for Carrier Billing  —  It has taken three and a half years, but Boku has finally signed up all four major U.S. carriers for its mobile payments service.  —  Today, the San Francisco company says Sprint is coming on board to join the three …
New York Times:
Target, Unhappy With Being an Amazon Showroom, Will Stop Selling Kindles  —  Target, signaling its growing irritation with its rival Amazon, announced on Wednesday that it would stop selling the online retailer's Kindle e-readers.  —  Target, with almost 1,800 stores, is one of the bigger carriers …
Michael Learmonth / AdAge:
YouTube Commits $200M to Promote Premium “Channels”  —  Jay-Z Gives Surprise Performance, And, Yes, It's Already on YouTube  —  There was Jay-Z, Flo Rida and the Neon Trees; Julia Stiles, Jennifer Beals, Virginia Madsen and Google executive chairman Eric Schmidt.
Ethan Smith / Wall Street Journal:
AT&T Chief Says Blocked Deal Will Cost Consumers  —  BEVERLY HILLS, Calif.—The government's decision to block AT&T Inc.'s takeover of Deutsche Telekom AG's T-Mobile USA unit will result in higher prices to consumers, AT&T Chairman and Chief Executive Randall Stephenson contended during a public interview Wednesday.
Steve Kovach / Business Insider:
Liquidmetal Inventor: Apple Will Use It In A ‘Breakthrough Product’  —  We've been hearing a lot about Liquidmetal lately, mostly because of rumors that Apple could be using the alloy in its next iPhone.  —  But what exactly is Liquidmetal?  What makes it so special that Apple decided to license the rights to use it in its products?
Ryan Mac / Mobile:
Reid Hoffman And Peter Thiel In Conversation: The Biggest Misses  —  This is the final post of a five-part series from a conversation between Founders Fund cofounder Peter Thiel and LinkedIn cofounder and Greylock partner Reid Hoffman.  One new video has been posted each day leading …
More: Forbes
Settlement with HP isn't going to happen: Oracle  —  (Reuters) - An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial.
Leena Rao / TechCrunch:
Next-Generation Publishing Platform Hyperink Wants To Transform Blogs Into Books  —  YC company Hyperink, a next-generation digital book publishing platform, is debuting a new service which helps bloggers create short books from their existing content.  —  As we've reported in the past …
Thomas Houston / The Verge:
Rdio launches in the UK and France  —  We're seeing reports on Twitter that music streaming service Rdio has launched in the UK and France with a 7-day free trial of unlimited listening.  There's no official word yet from Rdio, but we've also been able to successfully sign up for the free trial …
Joel Rosenblatt / Bloomberg:
Oracle Claims $777 Million Damages in SAP Infringement Case  —  Oracle Corp. (ORCL) said it will claim damages of $776.7 million in its retrial of a copyright- infringement lawsuit against SAP AG (SAP), the biggest maker of business-management software.  —  Oracle decided in February to pursue …
More: WebProNews
Michael Carney / PandoDaily:
“Apple DNA” Attracts Nate Johnson to Join Path as VP of Marketing  —  Path's biggest challenge has never been the quality of its product (it's gorgeous).  The greatest obstacle for the startup has been getting the word out about the value proposition of a more intimate social network.
Ina Fried / AllThingsD:
Novel Android Malware Spotted on Compromised Web Sites  —  Demonstrating the increasing sophistication of mobile malware, a new Android Trojan is spreading via compromised Web sites and could potentially be used to crack corporate and government networks.  —  The bug, dubbed NotCompatible …
Stephen Lawson / Computerworld:
Judge again orders Apple, Samsung to streamline claims in iPad patent case  —  The companies' lawyers have until Monday to simplify the case enough for a scheduled July 30 trial  —  Apple and Samsung Electronics have until Monday to further boil down the number of claims to be considered …
Michael Carney / PandoDaily:
LifeStreet Media Closes $66 Million Financing to Reign Supreme Over Facebook and Mobile In-App Advertising  —  What if there was a company that had paid mobile and social app publishers more than $100 million in ad revenue and driven 200 million app downloads to date but almost no one knew about it?
Eric Lichtblau / New York Times:
Wireless Carriers Who Aid Police Are Asked for Data  —  WASHINGTON — A leading House Democrat is demanding information from the country's biggest cellphone companies about their role in helping local police departments conduct surveillance and tracking of suspects and others in criminal investigations.
More: Betabeat
Wall Street Journal:
Microchip Tech to Buy Standard Microsystems for $939 Million  —  Microchip Technology Inc. agreed to buy Standard Microsystems Corp. for about $939 million, the latest sign of market forces pushing mid-sized semiconductor makers together.  —  The chip sector has many specialized vendors …

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