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November 26, 2012, 4:30 PM
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Top News

Arik Hesseldahl / AllThingsD:
Google Sources Say Company Didn't Buy ICOA Wireless  —  Sources at Google are denying reports that the search giant has acquired ICOA Wireless in a $400 million deal.  —  We have yet to hear from a Google rep on the record.  But people within the company say that contrary to a press release posted …
Arik Hesseldahl / AllThingsD:
So Where Did That Fake Google Acquisition Press Release Come From?  —  So now we know that the press release concerning Google acquiring public Wi-FI firm ICOA Wireless was fake.  —  But what do we know about who sent the press release, and why?  —  The release was posted on PRWeb …
Y Combinator:
The YC VC Program  —  Two years ago Yuri Milner and Ron Conway formed an informal coalition to invest $150k in every startup we funded.  Although we didn't organize this program, over the years we ended up de facto managing it, and it was awkward to manage something we hadn't started.
Jack Purcher / Patently Apple:
Apple Acquired “Lightning” Trademark from Harley-Davidson  —  The EU Patent & Trademark Office officially published two Apple trademark applications for “Lightning” under numbers 011399821/862.  What's interesting about this filing is that it clearly illustrates that Apple had acquired …
Philip Elmer-DeWitt / Fortune:
11 Apple iPads per hour vs. zero Microsoft Surface tablets  —  A survey compared sales at an Apple Store and a Microsoft Store in the Mall of America  —  FORTUNE — On Saturday we posted side-by-side videos showing Black Friday shopping activity at an Apple Store and a Microsoft Store in Lone Tree …
Don Reisinger / CNET:
Nintendo: 400K Wii U units sold, 1.2M devices total  —  The company's president of America Reggie Fils-Aime says that the Wii U is “essentially sold out of retail.”  —  Nintendo sold more than 1 million hardware units over the last week, the company has confirmed to CNET.
Cristina Cordova:
The Biggest Problem in Mobile: Retention  —  When I read Fred Wilson's post this morning about the tough times consumer companies are having raising money, his second point resonated with me most: … This made me think of how frequently we attribute success on mobile to downloads instead of monthly active users.
Barb Darrow / GigaOM:
Amazon enjoys big etail lead as Cyber Monday hits  —  Just in time for Cyber Monday, Deepfield released new numbers ranking online retail sites based on their traffic.  Some of the results are surprising (Shopify, which offers an ecommerce platform for e-commerce sites, shows pretty good numbers) …
Horace Dediu / asymco:
The Android engagement paradox  —  IBM's Digital Analytics Benchmark reported US Black Friday sales and the news is reasonably good.  Overall online sales grew by 17.4% while mobile grew to make up 24% of traffic.  —  The data goes further to show the split between device types.
John Cook / GeekWire:
Zillow continues acquisition spree, buys HotPads for $16M in cash  —  Zillow continues to bolster its position in the online real estate sector, announcing today yet another acquisition.  —  This time the deal happens to be in the consumer arena, with Zillow agreeing to pay $16 million …
Jon Russell / The Next Web:
Samsung's Galaxy Note II hits 5 million channel sales, adding 2 million over the last 24 days  —  Samsung has announced [translation] that the Galaxy Note II, its flagship phone-meets-tablet ('phablet'), has passed 5 million in channel sales, chalking up a further 2 million shipments since November 2.
Patrick McGee / Wall Street Journal:
Amazon Taps Bond Market for First Time in 15 Years  —  Amazon.com Inc. is hoping the Cyber Monday buying craze extends to the bond market as it sells its first bond deal in 15 years.  —  The largest U.S. Internet retailer is selling three-, five-, and 10-year bonds.
In-Soo Nam / Wall Street Journal:
Samsung Addresses Labor Issues at China Plants  —  SEOUL—Samsung Electronics Co. said Monday that it is taking measures to address unfair labor practices at its Chinese factories, including overwork and denial of basic labor rights, in response to a labor group claim in September …
Nathan Ingraham / The Verge:
Tumblr grows to nearly 170 million monthly visitors, up 50 million from January  —  According to data from web measurement firm Quantcast, Tumblr's getting ready to wrap up a year of major traffic growth.  A Tumblr blog post is claiming that the site is now one of the top ten most-visited sites …
Sarah Perez / TechCrunch:
Twitter CEO Dick Costolo: Users Can Download Their Entire Archive By Year-End; Now Sees 1B Tweets Every 2.5 Days  —  Twitter CEO Dick Costolo has once again promised that Twitter users will, indeed, be able to download a full archive of their tweets in just a matter of weeks.
Gary Ridley / MLive.com:
Facebook files countersuit in battle over ‘want’ button in Flint federal court  —  FLINT, MI — Facebook is firing back at a Michigan-based company that claimed the Internet giant ripped-off its idea.  —  Farmington Hills-based company CVG-SAB filed a lawsuit against Facebook in Flint federal court …
Teresa Rivas / Tech Trader Daily:
Facebook Surges On Upgrade, Analysts See 30%+ Upside  —  Facebook (FB) was surging 7% this morning on an upgrade from Bernstein and a bullish note from Topeka.  —  Bernstein analyst Carlos Kirjner upgraded the stock today to Outperform with a $33 price target, about 32% above current trading levels.

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Raquel Coronell Uribe / NBC News:
The White House once again removes CNN from the press pool traveling with Trump; the judge's order only addressed access to White House grounds

Los Angeles Times:
California Governor Gavin Newsom signs a bill that creates refundable tax credits for local news outlets based on the number of journalists they employ

More News

Will Oremus / Slate:
That Facebook Copyright Notice Is Still a Hoax

Earlier Picks

Natasha Lomas / TechCrunch:
The Facebook Button Is Back On Phones: Nokia Puts Social Networking Knobs On ~$62 Series 40 Asha 205 …
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