Techmeme
June 14, 2012, 12:40 PM

Top News

Diana ben-Aaron / Bloomberg:
Nokia To Cut 10,000 Jobs As Elop Tries To Stanch Losses  —  Nokia to Cut Up to 10,000 Jobs to Halt Losses  —  Nokia Oyj (NOK1V) cut its earnings forecast for this quarter and said it will eliminate as many as 10,000 jobs and shut production and research sites in three countries …
Robin Wauters / The Next Web:
Amidst layoffs and leadership changes, Nokia buys assets of mobile imaging firm Scalado  —  Buried in a press release announcing 10,000 additional lay-offs and 3 top executives stepping down from the company, mobile phone maker Nokia said it has acquired assets of Swedish mobile imaging technologies company Scalado.
Jeff Blagdon / The Verge:
Nokia sells Vertu luxury phone arm to EQT, keeps 10 percent stake  —  As Reuters reported yesterday (June 13th), Nokia is selling its Vertu luxury phone business to private equity group EQT.  While reports indicated Vertu would sell for €200 million (about $249 million) …
Owen Thomas / Business Insider:
Microsoft Is Buying Yammer, According To People At Yammer  —  UPDATE: Bloomberg is now reporting that Microsoft is in talks to buy Yammer for more than $1 billion, with a deal coming as soon as Friday.  —  EARLIER: We just heard from a source inside Yammer that the office has been abuzz since Monday …
Arik Hesseldahl / AllThingsD:
Why The Rumored Microsoft Deal for Yammer Rings True  —  Rumors have been in the water for awhile now that Microsoft was interested in buying out the social enterprise software company Yammer.  A report in Bloomberg News, plus a Tweet about a conversation overheard at a Silicon Valley ice cream shop has raised them to a fever pitch.
Mark Lee / Bloomberg:
Baidu To Share Revenue With Apple On China Iphone Search  —  Baidu Inc. (BIDU) said Apple Inc. (AAPL) will be entitled to a share of advertising sales after the Chinese company's search-engine was added as part of a software upgrade for iPhones in China.  —  The revenue-sharing agreement …
Ki Mae Heussner / GigaOM:
TechStars NYC 2012: 7 startups to watch  —  Thirteen would-be darlings of New York's tech scene are hitting the stage today.  In downtown Manhattan, startup incubator TechStars NYC is hosting its third Demo Day to present its latest class of graduates.  The 13 companies, which were culled …
Tom Simonite / Technology Review:
What Facebook Knows  —  The company's social scientists are hunting for insights about human behavior.  What they find could give Facebook new ways to cash in on our data—and remake our view of society.  —  Cameron Marlow calls himself Facebook's “in-house sociologist.”
More: Gizmodo
Federico Viticci / MacStories:
Reeder 3.0 Review  —  In 2009, reading news on the iPhone was different.  The App Store was only one year old; Twitter wasn't the information network adopted by mass media and millions of users we interact with today; there was no iPad, no universal apps, and no Flipboard.
Richard Lawler / Engadget:
Redesigned YouTube rolling out to some users, reflects the influence of Google+  —  From the looks of this screenshot posted by one of our readers, it appears YouTube is testing a new homepage styled more like the look that recently rolled out on Google+.  The current default look rolled …
John Koetsier / VentureBeat:
Opera 12: new version, new features, new competitive challenges  —  Opera is releasing version 12 of the Opera browser today, with new features for theming, controlling your computer's hardware from the browser without using a plugin, speed, and security.  —  VentureBeat talked …
Sean Portnoy / ZDNet:
Acer Aspire S5 is world's thinnest Ultrabook, first with Thunderbolt port  —  Summary: The Ivy Bridge-packing S5 weighs in at a lean 2.65 pounds and is a mere 0.44 inches at its thinnest point.  —  Acer has upped the Ultrabook ante today with the Aspire S5, which the company claims is the world's thinnest.
Jon Russell / The Next Web:
Google, Twitter and Facebook rally to fight “bad ads”, malware and online trust issues  —  Google, Twitter and Facebook are among the Internet industry giants that are giving their names and efforts to a non-profit campaign aimed at taking action against bad ads, malware and other schemes that abuse trust online.
Peter Kafka / AllThingsD:
YouTube Star Managers The Collective Buy Web Video Pioneer Metacafe  —  Metacafe was a Web video pioneer that fell behind YouTube and never caught up.  And now it has a new, slightly unconventional home: Hollywood management agency The Collective is buying the video site.
Laura Hazard Owen / paidContent:
Google Play preloads on Kobo Vox; Books on Google Play launches in Germany  —  The Kobo Vox tablet now come preloaded with the Google Play app.  Current Kobo Vox owners will see the app the next time their device updates.  —  “Supporting Google Play is one more way we're delivering …
Peter Kafka / AllThingsD:
Apple, Time Inc. Solve Their Subscription Squabble  —  Apple and Time Inc. have settled their differences: The giant publisher is now selling subscriptions to its iPad magazines directly from the apps themselves.  —  If that seems like non-news, consider that it took the two companies two years to figure this out.
Wall Street Journal:
Turf War Erupts in Red-Hot Mobile Videogames  —  Japan's Little Known Gree and DeNA Go After Zynga in the U.S.; Converting Players to Buyers  —  A turf war is breaking out in the videogame industry and, for once, it has nothing to do with Nintendo, Microsoft and Sony.
Amy Schatz / Wall Street Journal:
Web Video Companies Crank Up Lobbying  —  WASHINGTON—Online video companies are ramping up their lobbying of lawmakers and regulators, but their adversaries—traditional cable-TV companies and Internet-service providers—have far deeper pockets on K Street.
Chris Velazco / TechCrunch:
AT&T To Launch The $99, LTE-Capable Sony Xperia ion On June 24  —  Though an errant Google ad gave away some of the surprise a few weeks back, AT&T has just announced that the Sony Xperia ion will be hitting all of the carrier's sales channels on June 24 for $99 with a two-year contract.
Bloomberg:
Court Delays Apple China IPad Trademark Ruling For Talks  —  A Chinese court will delay its decision on Apple Inc. (AAPL)'s appeal of a ruling denying its ownership of the iPad trademark in China to let the company pursue mediation with Proview Technology (Shenzhen) Co.
More: ZDNet
Betabeat:
Kleiner Perkins ‘Vigorously Denies’ Ellen Pao's Gender Discrimination Claims  —  Kleiner Perkins Caufield & Byers has filed a response to partner Ellen Pao's allegations of gender discrimination and boy howdy, they did not hold back.  We've obtained a copy, and here's the meat and potatoes:
Nicholas Carlson / Business Insider:
ARMSTRONG WINS!  AOL Shareholders Side With Management, Vanquish Proxy Challengers  —  AOL shareholders have voted to re-elect all of the company's directors, defeating a proxy challenge from Starboard.  —  Here's a statement from the company:  —  “On behalf of AOL's Board and management team …
More: Reuters
Matt Brian / The Next Web:
Microsoft takes aim at Google+ Local as more detailed Yelp content comes to Bing Local search  —  Fresh from the announcement that it would power reviews and business listings in Apple's new iOS 6 operating system, Yelp is also bringing more content to Bing Local searches, delivering more listings in Bing Local search pages from today.

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