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May 12, 2015, 6:35 PM
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Verizon:
Verizon to acquire AOL at $50 per share at an estimated total value of $4.4B, Tim Armstrong to continue leading AOL operations  —  Verizon to Acquire AOL  —  Deal Creates Unique and Scaled Digital Media Platforms for Consumers, Advertisers and Partners  —  NEW YORK - Taking another significant step …
Kara Swisher / Re/code:
Sources: AOL in talks to spin off HuffPost, primarily with Axel Springer, at a valuation over $1B  —  AOL Has Been in Talks to Spin Off HuffPost as Part of Verizon Acquisition Deal  —  According to numerous sources, while it has been negotiating its deal to sell to Verizon …
Ingrid Lunden / TechCrunch:
Internal memo from AOL CEO Tim Armstrong on Verizon takeover  —  In Big Content Push, Verizon Buys AOL For $4.4B [Internal Memo From AOL CEO Tim Armstrong]  —  So this just happened.  AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying …
Fred Imbert / CNBC:
AOL stock up more than 18% on news that Verizon is acquiring the company for $4.4B
Stephanie Sawler / Skype Blogs:
Skype Translator Preview now available to all, no sign-up required  —  Skype Translator Preview Access Just Got Easier!  —  Skype's mission is to bring people together from all over the world, and with Skype Translator we are breaking down language barriers that have historically …
Asif S. / SamMobile:
Samsung's Gear SDK reveals design, UI, and specifications for Gear A, codenamed Orbis, with rotating bezel to help navigate software  —  Samsung's Gear SDK reveals Orbis design, UI, and specifications  —  Earlier today, Samsung released next-generation Gear smartwatch SDK to developers.
Ben Popper / The Verge:
Lily is a drone that autonomously follows you with the aid of a pocketable GPS device, on sale for $499, will retail next month at $899  —  To use this drone, just throw it in the air and start running  —  The consumer drone industry is increasingly positioning itself as a maker of flying cameras, not autonomous robots.
Emil Protalinski / VentureBeat:
BitTorrent's encrypted P2P chat app Bleep launches publicly for Android, iOS, Windows, and Mac with new whisper option that deletes messages after 25 seconds  —  BitTorrent's encrypted P2P chat app Bleep launches publicly for Android, iOS, Windows, and Mac  —  BitTorrent today launched its encrypted P2P chat app Bleep.
Jacob Kastrenakes / The Verge:
Verizon and Sprint to pay $158 million for cramming charges on customers' bills  —  Verizon and Sprint are paying a combined $158 million to settle investigations into unauthorized charges placed on their customers' phone bills.  The practice is known as “cramming,” and with today's announcement …
Emil Protalinski / VentureBeat:
Firefox 38 arrives with DRM tech required to watch Netflix video, Ruby annotation, revamped look on Android  —  Mozilla today launched Firefox 38 for Windows, Mac, Linux, and Android.  Notable additions to the browser include digital rights management (DRM) tech for playing protected content …
Wall Street Journal:
U.S. Authorities Near End of AT&T-DirecTV Review, Unlikely to Block Deal  —  Regulators could still impose conditions on the deal, but don't appear to have serious concerns  —  The Justice Department and Federal Communications Commission have nearly wrapped up their reviews …
Ina Fried / Re/code:
MediaTek Tries 10-Core Chip in Latest Bid to Crack High-End Phone Market  —  Chip company MediaTek is hoping a 10-core processor will give it the boost it needs to break into higher tiers of the phone market.  —  With its new Helio X20 chip due at year's end, the company is arranging …
Chris Welch / The Verge:
Android One, Google's program to bring quality low-cost smartphones to developing markets, debuts in Europe with a decent $260 device available in Turkey  —  Android One launches in Europe with a decent and affordable smartphone  —  Today Google announced that it has officially expanded Android One to Turkey.

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From Mediagazer

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

Sara Fischer / Axios:
Disney study: the Toy Story franchise has driven $16B in total revenue for the company over 30 years; nearly half of the revenue was generated domestically

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