Techmeme
May 15, 2012, 9:30 AM

Top News

Robin Wauters / The Next Web:
It's official: Facebook offers 50.6 million extra shares for IPO, confirms $34 - $38 price range  —  Facebook has just filed a seventh amendment to its S-1, which you can view here.  —  TechCrunch yesterday reported that FB was going to sell extra shares, and they were spot on.
Josh Constine / TechCrunch:
Jessica E. Vascellaro / Wall Street Journal:
Apple Preparing Upgrade to iCloud  —  Apple Inc. is preparing an upgrade of its online service iCloud that includes new photo-sharing features, according to people familiar with the matter.  —  The new features, expected to be announced at Apple's world-wide developer conference beginning June 11 …
Mathew Ingram / GigaOM:
Does Yahoo even know how to be a modern media company?  —  Now that Yahoo has managed to make its way through yet another CEO shuffle — its sixth in just five years — the former portal has to get back to the main task at hand: namely, figuring out what its future looks like.
Bloomberg:
Apple Said to Prepare Thinner Mac Laptops Sporting Intel Chips  —  Apple Inc. (AAPL) is preparing a new lineup of thinner MacBook laptops running on more powerful chips made by Intel Corp. (INTC), people with knowledge of the plans said.  —  The MacBook Pro machines, to be unveiled …
Othman Laraki / Twitter Blog:
The best of Twitter in your inbox  —  Starting today, you can discover the best of Twitter in a weekly email digest delivered to your inbox.  This summary features the most relevant Tweets and stories shared by the people you're connected to on Twitter.  —  Stories feature a design similar …
David Carr / New York Times:
Audiences Now Rarely Drawn to Live Television  —  This week, when they ring the bell on the television upfronts, the annual orgy of advertising buying, I hope the industry isn't counting on my house to lift ratings.  —  So far in the month of May, our household has watched exactly two minutes and one second of live television.
More: PandoDailyTweets: @jayrosen_nyu and @jonathanwald
Nivedita Bhattacharjee / Reuters:
Amazon aims to launch front-lit Kindle in July: source  —  (Reuters) - Amazon.com Inc will launch new versions of its Kindle e-reader and tablet, including a monochrome e-reader with front lighting, a source who has seen the prototype told Reuters.  —  The world's largest Internet retailer …
Brian X. Chen / Bits:
Head of Time Warner Cable Is Unfamiliar With Apple's AirPlay  —  AirPlay, a software tool included with Apple's iPads and iPhones, is widely viewed as being potentially disruptive to the cable industry, because it makes it easy for people to view a broad variety of Internet content on a television.
Jake Smith / 9to5Mac:
Apple releases update to Leopard, includes Flashback removal tool  —  While Apple has released updates for both Lion and Snow Leopard to remove the Flashback malware that is making the rounds, the company had not released a fix for Leopard until today.  Apple released a Flashback Removal Security Update …
Eriq Gardner / Hollywood Reporter:
Columbia Pictures Wins ‘Social Network’ Lawsuit Over Zuckerberg Classmate  —  Almost everyone knows the story of the Winklevii.  Not everyone has heard about Aaron Greenspan.  Is it better to be portrayed as a loser in developing a social network than to be cut out of the story altogether?
Michael Bathon / Bloomberg:
LightSquared, Failed Wireless Venture, Files for Bankruptcy  —  LightSquared Inc. filed for bankruptcy after its plan to deliver high-speed wireless to as many as 260 million people ran afoul of U.S. regulators.  LightSquared, based in Reston, Virginia, listed debt and assets …
Miguel Bustillo / Wall Street Journal:
Best Buy Founder to Step Down in Wake of Inquiry  —  Best Buy Co. founder Richard Schulze will step down as chairman next month after an internal probe found that he didn't alert other directors that his handpicked successor as chief executive, Brian Dunn, was allegedly having an inappropriate relationship with a female employee.
Julie Miller / Vanity Fair:
Groupon Gets a Poorly Titled CBS Sitcom  —  In 2010, Facebook was the basis for a David Fincher film, and now another wunderkind-run Web site with an I.P.O. in the billions is being adapted for entertainment's sake.  This time, the social-media muse is Groupon, and the project …
Josh Constine / TechCrunch:
Facebook Takes A Cue From Instagram, Redesigns Mobile To Make News Feed Photos 3X Larger  —  If you're sick of interrupting your news feed reading to open and load photos, you'll like a new Facebook mobile site, iOS, and Android app redesign rolling out today that makes photos three times larger.

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