Techmeme
May 2, 2013, 1:35 PM

Top News

Stephen Shankland / CNET:
Adobe to bring Lightroom-style photo editing to tablets  —  Bringing its technology for processing raw photos to mobile devices, then linking them with cloud services could be a step toward Lightroom on mobile.  —  Adobe Systems plans to release high-end photo-editing software for tablets …
Dick Craddock / The Microsoft Office Blog:
Outlook.com: 400 million active accounts, Hotmail upgrade complete and more features on the way  —  When we launched the preview of Outlook.com, our goal was to build the best email service in the world, capable of scaling to over a billion active customers.
Ken Yeung / The Next Web:
Facebook rolls out Trusted Contacts, a password recovery feature to protect accounts against hackers  —  On Thursday, Facebook announced the global launch of its Trusted Contacts password recovery feature.  With this service, users can designate between three to five friends who can be contacted …
Matt Brian / The Verge:
Intel names Brian Krzanich as CEO to succeed Paul Otellini  —  Less than six months after Paul Otellini announced he would step down from the position after 40 years at the company, Intel has named Brian Krzanich as its sixth CEO.  Krzanich, who previously served as Intel's chief operating officer …
AllThingsD:
Facebook's Declining User Growth Rate, Pictured  —  Congrats, Facebook!  —  According to the stats you released during Wednesday's earnings call, your monthly and daily active user numbers are up higher than ever, topping 1.11 billion and 665 million, respectively.  That's great, really.
Aaron Souppouris / The Verge:
Google Glass app lets you sneak photos with a wink  —  A Google Glass developer has created an app that allows you to take a photo using just your eye.  The Winky app, currently available through GitHub, lets you power up Glass from standby mode and snap a quick photo.
Jon Fingas / Engadget:
Android metrics show Jelly Bean adoption overtaking Ice Cream Sandwich  —  Google's big shake-up of Android version metrics has already given us a better understanding of where the platform's active users truly stand.  Now that we're a month into the new methodology, we have a good sense …
Jon Fingas / Engadget:
Intel details 4th-gen Core's HD 5000, Iris and Iris Pro graphics: up to 3X faster, 3-display collage mode  —  Many already believe that the real highlight of Intel's 4th-generation Core processor lineup would be a giant graphics update.  Today, Intel is revealing that they're right — and …
Kevin Poulsen / Wired:
Use a Software Bug to Win Video Poker?  That's a Federal Hacking Case  —  two engineers from Nevada's Gaming Control Board showed up at the Silverton Casino Lodge.  The off-the-strip South Las Vegas casino is best known for its mermaid aquarium, but the GCB geek squad wasn't there to see swimmers in bikini tops and zip-on fish tails.
More: The Verge and Gizmodo
Dan Primack / Fortune:
Exclusive: New York City's newest VC firm  —  Most of AOL Ventures team spins out.  —  FORTUNE — At just 29 years old, Mike Brown Jr. is already a venture capital veteran.  He began by investing Richard Branson's money at Virgin Group, before leaving in early 2010 to co-found AOL Ventures.
More: AllThingsD and DealBook
Robert McMillan / Wired:
Rogue Employee Turns Gaming Network Into Private Bitcoin Mine  —  If you've been playing Counter-Strike on the ESEA gaming network, you've been doing a lot more than tossing virtual hand grenades and firing virtual machine guns.  You've been mining Bitcoins for an unnamed staffer inside the company that runs the network.
Leena Rao / TechCrunch:
Readying For An IPO, Peer-To-Peer Lending Marketplace Lending Club Raises $125M From Google And Others  —  Peer-to-peer lending platform Lending Club is announcing a huge new investor today: Google.  Google and existing investor Foundation Capital have put $125 million in Lending Club, which was valued at $1.55 billion in the round.
Sakthi Prasad / Reuters:
Lehman Brothers sues Intel over $1 billion in seized collateral  —  (Reuters) - Bankrupt investment bank Lehman Brothers has sued Intel Corp, accusing the chip maker of seizing $1 billion in collateral in breach of a swap agreement, a court filing showed.  —  Under the swap agreement …
Robin Wauters / The Next Web:
Struggling HTC's Q1 2013: a mere $2.88 million in profit on $1.45 billion in revenue  —  The writing was on the wall when smartphone and tablet maker HTC reported devastating results for February 2013 (and only slightly better ones in March): its consolidated earnings for the first quarter of this year weren't exactly stellar.
Amir Efrati / Wall Street Journal:
YouTube Touts Viewer Growth to Advertisers  —  Google Inc.'s YouTube on Wednesday made its latest pitch to advertisers, saying they should “follow the audience.”  —  More than one billion unique visitors watch more than six billion hours of YouTube videos a month, up from about four billion hours …
Steven Kurutz / New York Times:
The Rise of the Hacker Space  —  Under different circumstances, or in some earlier America, Yair Silbermintz might have spent his weekday evenings tinkering with a soldering iron alone in the basement of a suburban ranch house.  —  But Mr. Silbermintz, 27, lives with his wife …

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Will Connors / Wall Street Journal: