Techmeme
May 3, 2012, 2:35 PM

Top News

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, 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  —  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.
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 …
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.
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 …
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.
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.
Don Jeffrey / Bloomberg:
Google Argues for Dismissal of Authors' Book-Scan Lawsuit  —  Google Inc. (GOOG) (GOOG) asked a judge to dismiss a lawsuit brought by an organization representing authors over the search engine company's project to digitally scan millions of books, saying the group can't represent the copyright holders.
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 …
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 …
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: SocialTimes and Forbes
Reuters:
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.
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 …
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 …
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?
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 …

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Earlier Picks

Ina Fried / AllThingsD: