Yahoo Board to Meet Sunday to Consider $1.1 Billion, All-Cash Deal to Acquire Tumblr  —  According to sources close to the situation, the Yahoo board plans to meet Sunday night to decide whether to approve a $1.1 billion all-cash offer for New York-based blogging site Tumblr.

How Google beat Apple to a streaming music service  —  Sources say iRadio is still mired in licensing talks and may not be ready for WWDC  —  Google's long-rumored Play Music All Access service is already out the door, while Apple's iRadio is still bogged down in licensing talks.

Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site  —  Yahoo! Inc. (YHOO) Chief Executive Officer Marissa Mayer will unveil updates to the company's Flickr photo-sharing site at a press event in New York scheduled for May 20, according to a person familiar with the matter.

Big Data Analytics Specialist Tableau Software Raises $254M In IPO, Shares Close 64% Up; Marketo's First Day Up 78%  —  One year to the day of the troubled Facebook IPO, the climate for tech IPOs in the public markets is significantly less stormy, especially for companies in the enterprise space.

Apple's lax iTunes streaming security gives out a free copy of Daft Punk's Random Access Memories  —  Bob Dylan, David Bowie, and Justin Timberlake are just a few of the artists over the past year to offer full-length, high quality streams of their newest albums on iTunes in the days before release.

Production capacity for HTC One to double in May: executive  —  Taipei, May 16 (CNA) Taiwan's HTC Corp. said Thursday that its production capacity for its new HTC One flagship phone is rising sharply month by month as its component supply issues continue to improve.

Microsoft planning Xbox dashboard UI and tile changes in preparation for next-gen console  —  Microsoft is preparing to update its Xbox 360 with another dashboard update.  Sources familiar with Microsoft's Xbox plans have revealed to The Verge that the dashboard update will enter into a public beta …

MacBook Air inventory begins dwindling ahead of Apple's WWDC  —  With Intel's next-generation Haswell processors set to launch in a matter of weeks and WWDC to kick off soon after, availability of Apple's 13-inch MacBook Air had begun to dry up at major authorized resellers.

Apple removes Bang With Friends from App Store  —  The eyebrow-raising app won't be initiating Facebook-friend hookups for iPhone owners for the time being.  —  No more knocking boots with your Facebook friends, iPhone users.  Apple has removed the salaciously titled Bang With Friends iPhone application from its App Store.

Facebook's Growth Since IPO In 12 Big Numbers  —  $FB is still stuck at $26.25, way down from its $38 IPO price, but it's made important progress since going public a year ago.  Daily users up 26%, mobile monthly users up 56%, and revenue up 38% are some highlights.

DirecTV Consider Bid for Hulu  —  DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site, according to a person familiar with the matter.  —  Hulu's owners, including Walt Disney Co. …

Galaxy S4 sales to top 10 million  —  Mobile chief hints that sales may hit 100 million mark  —  Samsung Electronics said Thursday it expects its latest flagship handset, the Galaxy S4, to surpass the 10 million mark in sales next week.  —  “We are confident that we will pass more than 10 million sales of the S4 next week.

Google Play In-App Purchase Revenue Growth Jumps 7X In One Year, Subscription Revenue Growing 2X Each Quarter  —  Google held a session today at I/O 2013 about how to make money on Android, and in the initial few minutes it shared some updated stats around Google Play revenues and how those are progressing.

US Air Force expects to save $50M with use of 18K Apple iPads  —  The purchase of 18,000 iPads for use as electronic flight bags has set the stage for the U.S. Air Force to save more than $50 million over the next 10 years.  —  Using lightweight iPads instead of heavy paper flight manuals …