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May 3, 2012, 4:00 PM
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Evelyn M. Rusli / DealBook:
Facebook Sets I.P.O. Price Range at $28 to $35  —  On Thursday, Facebook set the estimated price for its initial public offering at $28 to $35 a share, according to a revised prospectus.  At the mid-point of the range, the social networking company is on track to raise $10.6 billion …
Mat Smith / Engadget:
Samsung Galaxy S III preview: hands-on with the next Android superphone (video)  —  You remember that Galaxy S II?  A phone so good they launched it, well, a whole load of times.  But after seeing phablet cousins and LTE variants, the true handset sequel is finally here.
Liz Gannes / AllThingsD:
Phil Libin and the Refusal to Pivot: Evernote Now Valued at $1 Billion  —  Today, 30-million-user strong Evernote announced it had received $70 million in Series D funding from Meritech Capital, CBC Capital, T. Rowe Price Associates, Harbor Pacific Capital and Allen & Company at a valuation of Dr. Evil proportions: One billion dollars.
More: CNET and Market Wire
Josh Constine / TechCrunch:
Evernote Raises $70M At A $1B Valuation To Prep For An IPO, And The Next 100 Years
Peter Kafka / AllThingsD:
Discovery Channel Buys Revision3 for $30 Million  —  Web video is supposed to disrupt cable TV.  And maybe it will, one day.  In the meantime, the cable guys are doing just fine.  —  Here's a proof point: Discovery Communications, parent of The Discovery Channel, has purchased Revision3 …
Kara Swisher / AllThingsD:
Yahoo's Response on CEO's Computer Science ResumeGate: “Inadvertent Error”  —  A Yahoo spokesperson just confirmed as true allegations from an activist shareholder that its CEO Scott Thompson did not have a computer science degree as claimed on his bio and in regulatory filings.
Ernesto / TorrentFreak:
Judge: An IP-Address Doesn't Identify a Person (or BitTorrent Pirate)  —  Mass-BitTorrent lawsuits have been dragging on for more than two years in the US, involving more than a quarter million alleged downloaders.  —  The copyright holders who start these cases generally provide nothing more than an IP-address as evidence.
Mary Jo Foley / ZDNet:
Microsoft schedules Windows Phone developer summit for June  —  Summary: Microsoft is inviting Windows Phone developers to a developer conference in late June.  Could both the Tango and Apollo operating systems be on the agenda?  —  Microsoft has begun sending “Save the Date” …
Forbes:
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 …
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 …
Harrison Weber / The Next Web:
It's TechStars' Demo Day in Boston: Meet the 13 new startups  —  Today, 13 startups will present to a room filled with investors, industry analysts and media at TechStars Demo Day in Boston.  In case you haven't heard of TechStars, it is an elite mentorship-driven start-up accelerator …
Ryan Kim / GigaOM:
EBay puts down roots in NYC with data-focused tech center  —  EBay plans on making it in New York and it's bought a 35,000 square foot space to ensure that it happens.  The commerce and payments company is announcing that it has purchased an entire floor in the Flat Iron district …
Philip Elmer-DeWitt / Fortune:
With 8.8% market share, Apple has 73% of cell phone profits  —  Among the major vendors, Samsung captured 26%, HTC took 1%, and the rest lost money  —  FORTUNE — Asymco's Horace Dediu on Thursday updated his quarterly review of mobile phone profits, and the news for everyone but Apple (AAPL) and Samsung is not good.
Darrell Etherington / BetaKit:
WePay Lands $10M Round to Help it Take On PayPal  —  WePay co-founders Rich Aberman and Bill Clerico  —  Originally launched as a group payments platform to help friends and family pool their resources, Palo Alto-based WePay has since expanded to offer online payment tools for merchants …
More: TechCrunch
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.
Dana Wollman / Engadget:
FCC to dole out up to $300 million to help carriers expand service in rural areas  —  It seems like almost every day that we receive a press release announcing Verizon or AT&T is planning to expand its LTE coverage to three, five, eleven new markets.  But in some remote pockets of the country …
Arik Hesseldahl / AllThingsD:
Cisco to Acquire Network Analysis Firm Truviso  —  Cisco Systems said it had reached a deal to acquire Truviso, a privately held company that provides real-time network data analysis and reporting software.  The deal is aimed at boosting Cisco's offerings in helping its customers analyze what's happening …
More: ZDNet and Computerworld

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From Mediagazer

Nancy Scola / Washingtonian:
A deep look at FCC Chairman Brendan Carr's moves favoring the Trump administration; former chair Tom Wheeler warns against the agency becoming a political tool

Lucia Moses / Business Insider:
WaPo opinion editor Adam O'Neal says he's stepping down after a year in the role; his hiring was part of a push to promote “personal liberties and free markets”

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

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