May 24, 2012, 11:25 AM

Top News

Facebook exec ducks questions about IPO debacle  —  (Reuters) - Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University students in her first public appearance since the company's disappointing initial public offering, but refrained from addressing the controversy around its messy, glitch-plagued debut.
Morgan Stanley'S Gorman Said To Join Facebook Price Call  —  As Facebook Inc. (FB) and Morgan Stanley executives gathered on a call May 17 to arrange terms for the social-networking company's initial public offering, they faced a trade-off: set the IPO price low and give up enough money …
Rafe Needleman / CNET:
Here comes Yahoo's own Web browser — Axis  —  Yahoo is announcing tonight that it's getting into the browser business with its new Axis browser.  There are versions for iPad and iPhone, and plug-ins for the desktop browsers Chrome, Firefox, IE, and Safari.
Kara Swisher / AllThingsD:
Good Lord, I Might Now Want to Use Yahoo Search Again — Product Dudes Talk About New Axis Browser (Video)  —  Yahoo introduced its new Axis browser tonight, with versions for the Apple iPad and iPhone, as well as plug-ins for the top desktop browsers.  —  The company briefed a media army …
Yahoo! Screen:
Yahoo! Axis Demo  —  Yahoo! Axis is a new kind of browser that redefines what it means to search and browse the web.  Watch this video to see how Axis works on your computer, iPhone and iPad.
Adam Lashinsky / Fortune:
How Tim Cook is changing Apple  —  Steve Jobs' successor is making his mark and trying to keep the Apple magic going.  —  FORTUNE — In February of this year, a group of investors visited Apple as part of a “bus tour” led by a research analyst for Citibank.
Android- and iOS-Powered Smartphones Expand Their Share of the Market in the First Quarter, According to IDC  —  Smartphones powered by the Android and iOS mobile operating systems accounted for more than eight out of ten smartphones shipped in the first quarter of 2012 (1Q12).
Ian Sherr / Wall Street Journal:
Zynga Defends Acquisition  —  Amid Criticism of Deal for OMGPOP, Game Maker Points to Revenue Streams Zynga Inc. has faced plenty of questions after buying the maker of “Draw Something,” a mobile game that was released only six weeks earlier and has since lost popularity.
Bryan Bishop / The Verge:
Will Connors / Wall Street Journal:
Fate of BlackBerry's Popular Messaging Tool in Doubt  —  As the Smartphone's Sales Shrink, So Too Do Users' Contact Lists; Research In Motion Curtails Effort to License Service  —  Research In Motion Ltd. may have lost its dominance in the global smartphone market, but its instant-messaging service …
Foo Yun Chee / Reuters:
EU court to rule on $1.1 billion Microsoft fine on June 27  —  (Reuters) - Europe's second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.
More: ZDNet
John Brownlee / Cult of Mac:
You Won't Believe How Much Crazy Science & Microscopic Tech Is Crammed Into Your iPhone's Accelerometer [Video] … Have you ever wondered how your iPhone knows up from down, or when you're shaking it?  It's all because of the tiny accelerometer chip inside the device, but how does it work?
Stephen Shankland / CNET:
Browser choice: A thing of the past?  —  Like to pick your browser?  Beware, because new mobile devices threaten to stifle the competitive vigor of the market for Web browsers on PCs.  —  On personal computers running Windows, Macs, and Linux, you can pick from a variety of browsers …
Hamish McKenzie / PandoDaily:
How Facebook Can Solve Its Mobile Problem: Build a Browser  —  When it recovers from the cataclysmic clusterf**k that was its IPO, Facebook will gather its team, round up its new friends from Instagram and Glancee, and ask the $100 billion question: What the hell is it going to do about mobile?
More: GigaOM
Robin Wauters / The Next Web:
Millennial: tablets account for 20% of mobile ad impressions, Android has 49% share  —  Mobile advertising firm Millennial Media this morning released its ‘Mobile Mix’ report covering its findings for the first quarter of this year.  The report looks at trends in ad impressions across mobile devices and operating systems.
Paul Carr / PandoDaily:
Jason Calacanis Joins PandoDaily As a Regular Columnist  —  Well, here's a fun announcement.  PandoDaily is very pleased to welcome a new special contributor: Jason Calacanis.  Jason will be writing a regular (every couple of weeks) column, offering advice to a company that's at a crossroads.
Tweets: @tcarmody and @karaswisher
Drew Olanoff / The Next Web:
Facebook now lets developers track unique shares, reads, and clicks of Open Graph stories  —  We know that Facebook is definitely on to something with its Open Graph initiative.  Apps like Socialcam have seen a huge increase in adoption thanks to the sharing of content on user's Timeline and News Feed.
Pedram Keyani / Facebook:
Stay focused and keep hacking  —  Every couple of months, a few hundred of our engineers unleash their talents in epic, all-night coding sessions, and often end up with products that hit the internal and external versions of the site within weeks.  These are Facebook hackathons, and since the first …
Rafael / Within Windows:
Windows 8 Secrets: Internet Explorer 10 will Ship with Adobe Flash  —  With tech enthusiast web sites from around the world starting to leak Windows 8 Release Preview screenshots, your intrepid “Windows 8 Secrets” co-authors offer a bit of color commentary about what you're seeing and how these features will really work.
China's CIC eyes up to $2 billion stake in Alibaba Group: sources  —  (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding …

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