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December 10, 2012, 3:25 PM

Top News

Jesse Drucker / Bloomberg:

Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion — Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.

More: TechCrunch, CNET, VentureBeat, Mashable!, Ars Technica, Betabeat, AllThingsD, Softpedia News, Quartz and Neowin

Felix Salmon:

Why Bloomberg is interested in LinkedIn — As Henry Blodget realizes, the most interesting part of the latest speculation about Bloomberg buying the FT is buried en passant: … As Blodget also notes, this isn't really an either/or choice: the price tag for LinkedIn would be so gargantuan …

More: Business Insider. Tweets: @howardlindzon and @mathewi. See also Mediagazer

New York Times:

Bloomberg Weighs Making Bid for The Financial Times

More: Tech Trader Daily, Quartz and Media Decoder. Tweets: @danprimack. See also Mediagazer

Matt Buchanan / BuzzFeed:

Facebook Democracy Is Dead — Democracy dies on Facebook in an hour. The night before Thanksgiving, Facebook quietly announced that it wanted to end a process that's been in place since 2009, which allows users to vote on changes to the way the site's governed.

More: CNET, The Next Web and Slate

Josh Constine / TechCrunch:

Facebook Will Nix Voting, Integrate Instagram Data Despite Vote Ending With 88% Of 668K Votes Opposed — The polls have closed on Facebook's final site governance vote, with 588,803 votes (88%) opposed to the changes, and 79,697 of the total 668,500 in support.

More: AllFacebook and CNET

Katherine Rushton / Telegraph:

Dell founder ‘turned down Autonomy’ — Billionaire entrepreneur Michael Dell has revealed that Autonomy was offered to him before it was bought by Hewlett-Packard, but that he rejected the British software firm because it was “overwhelmingly obvious” that it was overpriced.

More: Business Insider, DailyFinance.com, AllThingsD, Bloomberg, Forbes and Computer Business Review

Sachin Agarwal / Twitter Blog:

New profiles for everyone — A few months ago, we introduced new Twitter profiles so that you could make your profile beautiful and display your style on your profile page. By uploading a header photo on twitter.com or our mobile apps on iPhone, iPad or Android, you can make your profile more uniquely yours.

More: The Next Web, VentureBeat, The Verge, Engadget, TechCrunch, GigaOM, Los Angeles Times, Gizmodo and WebProNews

Juli Clover / MacRumors:

Australian Police Warn Against Use of Apple Maps Due to Safety Concerns — Police in Victoria, Australia issued a warning to motorists this weekend regarding Apple Maps after several travelers became stranded in the Murray-Sunset National Park trying to reach the city of Mildura using Apple's directions.

Jon Russell / The Next Web:

Motorola to exit South Korea in 2013, as Google restructuring claims another 500+ jobs — Motorola Mobility is to close down almost all of its operations in South Korea next year as its reorganization under the ownership of Google continues. The phone maker will keep 10 percent of its local R&D staff …

More: Bloomberg, AllThingsD, PC Magazine, CNET, The Verge, Datamation.com, I4U News, SlashGear, Engadget, Computerworld, Electronista and FierceWireless

Dan Goodin / Ars Technica:

25-GPU cluster cracks every standard Windows password in < 6 hours — Welcome to Radeon City, population: 8. It's one of five servers that make up a high-performance password-cracking cluster. — Jeremi Gosney — A password-cracking expert has unveiled a computer cluster …

More: CNET, gHacks Technology News and TechSpot. Tweets: @siracusa

Zach Epstein / BGR:

RIM teases BlackBerry 10 launch with image of first BB10 smartphone — Hoping to keep interest levels up before its big January 30th launch, Research In Motion (RIMM) has started to tease its own “laptop-killing” BlackBerry 10-powered smartphone on its official website.

More: CNET, The Verge, VentureBeat, Business Insider, Phones Review, IntoMobile, Electronista, Techspressive and Ubergizmo

Jon Russell / The Next Web:

Samsung hints it is announcing ‘something new’ at CES in January; could it be the Galaxy S4? — It's less than seven months since Samsung released the Galaxy S3, its flagship smartphone, in May, but already it appears that the Korean electronics giant is getting ready to unveil its sequel …

More: SAMSUNG TOMORROW Global, VentureBeat, Engadget, Inquirer, Pocket-lint, CNET, Electronista, iPhone Hacks, MobileSyrup.com, Mashable!, digitaltrends.com, BetaNews and Droid Life

Ryan Kim / GigaOM:

Starbucks mobile vets get $10M for Cardfree mobile payments tool — Starbucks helped open a lot of eyes to the power of mobile payments and commerce with its Starbucks Card app, which has so far been the most successful mobile payments implementation. Now, some of the key members of that team …

More: GeekWire, BetaKit, TechCrunch, The Next Web, AllThingsD and PYMNTS.com

Eric Slivka / MacRumors:

Microsoft Leaks References to ‘Office Mobile for iPhone’, ‘Excel for iPad’ and ‘PowerPoint for iPad’ — Building upon a series of reports about Microsoft's apparent efforts to bring its Office productivity suite to iOS, The Verge last month shared a few screenshots and noted that the suite …

More: The Next Web, 9to5Mac, Neowin and iPhone Hacks

Alex Wilhelm / The Next Web:

Facebook data suggests Microsoft has sold 4.2 million Windows Phone handsets since October — It was big news when Microsoft CEO Steve Ballmer told the world that Windows Phone devices were selling at four times their rate from 2011. That, along with several other positive factors …

More: LiveSide.net, Tech Trader Daily, WMPoweruser, BGR, Internet2Go, The Register, Softpedia News, IntoMobile, PhoneArena, Neowin and Pocket-lint

Sarah Silbert / Engadget:

Google offering $99 Samsung Series 5 Chromebooks to public schools — Teachers will be able to purchase the already-cheap Samsung Series 5 Chromebook for just $99 this holiday season, Google just announced on its blog. Mountain View will offer the Chromebok for that discounted price thanks …

More: The Official Google Blog, The Next Web, TechCrunch, ZDNet, 9to5Google and SlashGear

Kara Swisher / AllThingsD:

In “Seismic Shift,” New COO De Castro Planning to Move Yahoo Ad Sales to Category Model (Backed Up by “Marissa Halo") — In what will be a major shift in how the Silicon Valley Internet giant sells online advertising, Yahoo's new COO Henrique De Castro has briefed employees on a plan to move …

More: VentureBeat

Robin Wauters / The Next Web:

Nike to kick off a Nike+ startup accelerator in March 2013, powered by TechStars — Well, this is interesting: apparently TechStars delivers its acceleration programs out-of-the-shoebox these days. — TechStars has teamed up with sports footwear and apparel giant Nike to power …

More: NikeInc.com, The Verge, CNET, Forbes, TechStars, TechCrunch, GigaOM, GeekWire, Feld Thoughts, Tech Cocktail and Silicon Florist. Thanks:@bradmccarty

Jon Fingas / Engadget:

BBM 7 leaves beta, brings WiFi voice calls into the mix (video) — RIM moves quickly: it was just a few weeks ago that BlackBerry Messenger 7 was in beta, and today we're seeing a finished version roll out to BlackBerry App World. As we saw in mid-November, the revamp lets chatters switch …

More: Inside BlackBerry, TechCrunch, The Next Web, PC World, CNET, PC Magazine, BetaNews, LAPTOP Magazine, GigaOM, Business Insider, The Verge, SlashGear, MobileSyrup.com, IntoMobile, VoIP Watch, FierceMobileContent News, BerryReview, GSMArena Blog and Softpedia News

Dean Takahashi / VentureBeat:

Silicon nanophotonics: IBM's light chips could save data centers from bandwidth traffic jams — IBM is announcing today it has created breakthrough silicon nanophotonics chips, or those that can use traditional silicon technology and laser light to transfer data at extremely high speeds.

More: IBM Research …, The Register, TechSpot, Computerworld, CNET, Inquirer, GigaOM, TG Daily, SlashGear, TechEye and Engadget

Matthew Panzarino / The Next Web:

Microsoft combats Google Knowledge Graph by adding people and places to its Snapshot sidebar — Back in August, Google launched its Knowledge Graph product on Search. It's essentially a sidebar that provides direct contextual information about searches for people, places or things.

More: Bing, LiveSide.net, Engadget, WinBeta, SocialTimes and The Tech Block

Matthew Lynley / Digits:

Wayfair Raises $36 Million in Search of Home Decor Dominance — Wayfair, a Boston-based network of retail sites that focuses on home decor, has raised $36 million in its second round of funding amid rapid expansion of its third retail branch: a flash-sales site called Joss & Main.

More: The Next Web, PR Newswire, VentureBeat, internetretailer.com and Xconomy. Thanks:@mattlynley

Adi Robertson / The Verge:

Trent Reznor to launch streaming music service in partnership with Beats by Dre — Earlier this year, Trent Reznor of Nine Inch Nails fame announced a partnership with Beats by Dre, known for its omnipresent line of headphones. The new project, however, has turned out to be more ambitious than many expected.

More: Pitchfork, Engadget, VentureBeat, New Yorker and SlashGear. See also Mediagazer

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