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June 4, 2013, 9:25 AM
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Kara Swisher / AllThingsD:
Zynga to Lay Off 520 Employees — 18 Percent of Staff — and Shutter New York and LA Offices in Refocus on Mobile  —  Zynga is laying off 18 percent of its workforce — which represents 520 employees — in a bid to reduce costs and more drastically restructure its troubled business toward mobile …
Mark Pincus / Zynga Company Blog:
CEO Update  —  Our Founder and CEO Mark Pincus today sent a note to employees outlining structural changes Zynga implemented today and provided some detail on cost-reductions that are taking place company-wide.  Please find his note, posted in its entirety, below.  —  To our Zynga Community,
Wall Street Journal:
Obama Plans to Take Action Against Patent-Holding Firms  —  WASHINGTON—The White House on Tuesday plans to announce a set of executive actions President Barack Obama will take that are aimed at reining in certain patent-holding firms, known as “patent trolls” to their detractors …
Agam Shah / PC World:
Intel shows first smartphone with Merrifield chip  —  Intel on Tuesday showed the first smartphone based on its next Atom smartphone chip code-named Merrifield, which will provide better performance and battery life than current Atom chips.  —  The Merrifield chip will offer 50 percent better performance …
Andrew Cunningham / Ars Technica:
The U is for Ultrabook: Intel's low-power, dual-core Haswell CPUs unveiled  —  The U is actually for “Ultra-low voltage,” but either way we're looking at laptop CPUs.  —  Intel  —  On Saturday, Intel officially took the wraps off its first next-generation desktop and laptop CPUs based on the “Haswell” architecture.
Josh Lowensohn / CNET:
Here's the Justice Department's case against Apple
Tim Culpan / Bloomberg:
HTC Operations Chief Steps Down as Profit Slumps on Phone Delays  —  HTC Corp. (2498) Chief Operating Officer Matthew Costello will step down after less than three years at Taiwan's biggest smartphone maker amid slumping sales that have pushed down shares 76 percent in the past two years.
Steve Ranger / ZDNet:
Online throttling and site-blocking to be outlawed in Europe under net neutrality plan  —  Summary: We will guarantee access to the full and open internet on every device, on every network, says the EU's digital chief.  —  Steve Ranger  —  ISPs will be barred from blocking …
Juli Clover / MacRumors:
Apple Begins Offering In-Store iPhone 5 Display Replacements for $149  —  As part of a shift to lower repair costs, Apple has begun replacing iPhone 5 screens at its retail locations.  The new display replacement service is priced at $149 and can be purchased with or without AppleCare+.
Lilly Vitorovich / Wall Street Journal:
Europe Is Losing the 4G Race  —  Once a Pioneer in Cellphone Technology, the Region Trails Asia and the U.S. as Regulation Threatens Network Investment  —  Vodafone said it will boost its network investment in its home market.  Pictured, a company store in London
Reuters:
Lenovo planning smartphone venture in expansion drive  —  (Reuters) - China's Lenovo Group Ltd, the world's No.2 PC maker, is in detailed discussions on a smartphone venture with NEC Corp, a Japanese partner in PCs whose mobile business is faltering, as it eyes partnerships and acquisitions to expand in high-growth markets.
Ina Fried / AllThingsD:
E-ink Announces New 1.7-inch Screen Aimed at Smart Watch Market  —  Flexible display maker E Ink is trying to think small.  —  The company, best known for making the display used on the Kindle and other e-readers, has been trying to find a range of new markets for its screens …

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From Mediagazer

Matthew Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

The Guardian:
Lawyers for UK Reform Party's deputy leader say they will seek documents that could reveal Guardian journalists' sources; critics call the move a legal threat

Matthew Keys / TheDesk.net:
Newsmax CEO Christopher Ruddy says he plans to sue the FCC over its end to the ownership cap of local TV stations, calling the move a “blatant violation” of law

More News

Earlier Picks

Zach Miners / PC World:
Google says ‘no’ to sexually explicit content on Glass
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