Techmeme
April 11, 2013, 10:20 AM

Top News

Sarah Frier / Businessweek:
Foursquare Gets $41 Million Investment, Time to Grow  —  When Dennis Crowley debuted Foursquare, his location-based social media app, at South by Southwest in 2009, he got rave reviews.  The tech blog Mashable called Foursquare the “breakout mobile app” of the event.  VentureBeat called it “the next Twitter.”
Fred Wilson / A VC:
Late Stage Convertible Debt  —  I've written about convertible debt a few times on this blog, most notably here and here.  My general take on convertible debt is that its very good for the founders and not very good for the investors in seed and early stage investments and a much better solution …
More: Business Insider and AllThingsD.  Tweets: @pkafka
Wall Street Journal:
Microsoft Plans 7-inch Tablet  —  The personal-computer business is at a crossroads, and Microsoft Corp. isn't sitting still.  —  The software giant is developing a new lineup of its Surface tablets, including a 7-inch version expected to go into mass production later this year, said people familiar with the company's plans.
Ian Sherr / Wall Street Journal:
Computer Sales in Free Fall  —  Worldwide shipments of personal computers fell 13.9% in the first quarter, according to market researcher IDC, in the biggest decline since the firm began issuing quarterly numbers in 1994.  —  The grim estimate of 76.3 million units shipped is the latest sign …
Sue Marek / FierceWireless:
Verizon CEO: 50% of our wireless traffic is video  —  LAS VEGAS—Video accounts for 50 percent of Verizon Wireless' (NYSE:VZ) network traffic today and by 2017 the carrier estimates video will make up two-thirds of all traffic over the network.  Speaking at the National Association …
Tom Warren / The Verge:
Exclusive: Microsoft's next Xbox will take over your TV, interact with your cable box  —  The fight for the living room continues  —  Microsoft is investing in TV in a big way with its next Xbox console as part of a fight for the living room.  Multiple sources familiar with the company's Xbox plans …
Ingrid Lunden / TechCrunch:
Confirmed: Facebook Has Acquired Osmeta, A Stealth Mobile Software Startup  —  While Facebook is building out a bolder role in mobile in the form of Facebook Home, it looks like it is also continuing to make acquisitions that will help bolster that strategy overall.
More: VentureBeat and ZDNet
Help Net Security:
Hijacking airplanes with an Android phone  —  An extremely well attended talk by Hugo Teso, a security consultant at n.runs AG in Germany, about the completely realistic scenario of plane hijacking via a simple Android app has galvanized the crowd attending the Hack In The Box Conference in Amsterdam today.
Mary Jo Foley / ZDNet:
Microsoft's Office for iOS, Android: Not until fall 2014?  —  Summary: An alleged roadmap for Microsoft's two-year wave of coming Office updates implies Office for iOS and Android may be further away than many industry watchers thought.  —  An alleged roadmap for Microsoft's coming ‘Gemini’ wave …
Frederic Lardinois / TechCrunch:
Glass Explorer Edition To Ship Within The Next Month, Google Confirms  —  Today during Google Venture's “Glass Collective” event, Google told us that it hopes to get the Glass hardware into the hands of developers “within the next month.”  The exact date for when Google plans to ship …
Drew Olanoff / TechCrunch:
Jessica Roy / Betabeat:
Twitter Links Appear to Be Down (So You Probably Can't Click This) UPDATE: We're Back  —  Links on Twitter are currently broken.  When you click a link on Twitter, it takes you to a page that says “Something is technically wrong.”  It may have to do with Twitter's link shortener, t.co …
Mat Smith / Engadget:
Samsung Galaxy Mega is official and comes in 6.3- and 5.8-inch sizes  —  We knew Samsung was planning more devices, but we didn't expect the arrival of two Galaxy Mega smartphones .  The 6.3-inch model has a ‘HD display’ (we're chasing the precise resolution) alongside a dual-core 1.7GHz processor …
Jordan Kahn / 9to5Mac:
Apple job listing confirms Apple is investigating using flexible displays in future products  —  Update: Apple appears to have removed the job listing, but we grabbed a screenshot above and below.  —  We know that Apple has been investigating various methods of incorporating flexible displays …
John Koetsier / VentureBeat:
Adam Orth, Microsoft game exec who insulted fans on Twitter, has left the company (updated)  —  [This story has been updated with additional reporting]  —  Microsoft game director Adam Orth, who insulted fans on Twitter when they voiced concerns about rumors the next Xbox will require …

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