Techmeme
May 20, 2013, 5:45 AM

Top News

Kara Swisher / AllThingsD:
Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected  —  The Yahoo board has approved a massive $1.1 billion all-cash deal to buy Tumblr.  —  Sources close to the board said the deal was a foregone conclusion and was an unanimous vote by the Silicon Valley Internet giant.
Peter Kafka / AllThingsD:
Why Yahoo Doesn't Think Tumblr Has a Porn Problem  —  If you write about Tumblr as a business, you are required to note that Tumblr has a lot of porn.  —  How much porn?  You'll have to make something up, because the only people who know how much porn the blogging service hosts work …
John Battelle / John Battelle's Search Blog:
Yahoo! and Tumblr: It's About Display, Streams & Native at Scale  —  The world is atwitter about Tumblr's big exit to Yahoo!, and from what I can tell it seems this one is going to really happen (ATD is covering it well).  There are plenty of smart and appropriate takes on why this move makes sense …
Andy / TorrentFreak:
RapidShare Fires 75% of its Staff After “Rogue Site” Revamp Bites  —  After its launch in 2004, RapidShare's speedy growth saw the company become one the largest file-hosting sites on the Internet.  —  However, like all sites of this nature, RapidShare became popular with those looking to store copyright-infringing material.
Ian Sherr / Wall Street Journal:
Microsoft's New Xbox Girds for a Smartphone Battle  —  Microsoft Corp. will unveil its new Xbox on Tuesday.  What's underneath the hood of the latest videogame console represents a multiyear odyssey of trying to figure out how to keep the machine “cool” in the age of smartphones and tablets.
Frederic Lardinois / TechCrunch:
How Google Took Street View For A Dive  —  Google's underwater Street View launched last September, but Google's Ocean program actually began six years ago, when one of the founders of Keyhole (which, after being acquired by Google, later became Google Earth), was inspired to also look into mapping the ocean.
More: The Verge
New York Times:
Chinese Hackers Resume Attacks on U.S. Targets  —  WASHINGTON — Three months after hackers working for a cyberunit of China's People's Liberation Army went silent amid evidence that they had stolen data from scores of American companies and government agencies, they appear to have resumed …
More: The Verge
Sharif Sakr / Engadget:
The first Jolla phone: 4.5-inch display, Android app compliant, 399 euros  —  Jolla's Love Day in Helsinki has already spilled some major news: pricing and specs for its first Sailfish OS handset.  The phone seems to be called “The Other Half” — or at least that's the working title for now …

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