garykoelling

Wall Street Journal:
Facebook Close to $38 IPO Price  —  Facebook Inc. is close to pricing its initial public offering at $38 a share, said a person familiar with the matter, a move that would value the Internet company at more than $100 billion.  —  Facebook executives and senior bankers on the deal were holed …

Arik Hesseldahl / AllThingsD:
HP's Whitman to Announce Restructuring Plan Wednesday; 30,000 Jobs Targeted  —  The daunting task of restructuring Hewlett-Packard will begin in earnest next Wednesday when the company reports its quarterly earnings.  Sources familiar with the company's plans say that CEO Meg Whitman …

Frederic Lardinois / TechCrunch:
Bing Launches Its Paid Search API, But Will Still Offer A Free Tier  —  Just about a month ago, Microsoft announced that it would end free access to its Bing Search API and start charging a minimum of $40 per month for the service.  Today, the company is officially launching the Bing Search API …

Aaron Ricadela / Bloomberg:
Hewlett-Packard Said to Consider Cutting as Many as 25,000 Jobs  —  Hewlett-Packard Co. (HPQ) is considering cutting as many as 25,000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said.

Julie Bort / Business Insider:
Source: Layoffs Are About To Hit HP  —  It's no secret that HP is considering layoffs and soon.  —  Meg Whitman has even publicly hinted at them.  Question is, how many employees will be axed?  —  One source at HP claims the job cuts are going to be massive.

Aamir Usman / Shoutpedia:
Apple is Filtering “Jailbreak” Term in the US iTunes Store  —  Apple is reportedly filtering the “Jailbreak” term from the iTunes items.  All the categories are affected with this filter including Apps, songs, albums, podcast episodes, and iTunes U episodes.

Cathy Avgiris / Comcast Voices:
Comcast to Replace Usage Cap With Improved Data Usage Management Approaches  —  Today, the way people use video and access information has changed dramatically.  Four years ago, when we first instituted a broadband Internet data usage threshold, the iPhone had just been introduced …

Nathan Ingraham / The Verge:
T-Mobile to launch new no-contract mobile broadband plans on May 20th  —  T-Mobile's making it easier for customers to use its growing HSPA+ network for mobile broadband by introducing some new, contract free plans.  As of May 20th, T-Mobile will offer four new prepaid mobile broadband plans …

Evelyn M. Rusli / DealBook:
Spotify Is Raising Millions in a Deal That Would Value It at $4 Billion  —  The mega funding rounds are back.  —  Spotify, the social music service, is in the process of raising hundreds of millions of dollars in a deal that would value the company at as much as $4 billion …

Kim-Mai Cutler / TechCrunch:
Eduardo Saverin Backs Mobile Wallet Contender Crowdmob  —  Eduardo Saverin may no longer be a U.S. citizen.  But that's not stopping him from investing in American companies.  —  In fact, he just closed a deal.  He's backing Crowdmob, a startup that's blending app promotion with discounts from local merchants.

Jon Fingas / Engadget:
Plastic Logic shutters US offices, gets out of making its own e-readers  —  Plastic Logic has something of a rollercoaster history, having had to drop the QUE proReader before it even shipped and getting a $700 million cash injection that ultimately swung its attention to Russian schoolchildren.

Ellis Hamburger / The Verge:
Pipe: file sharing in the Facebook age is about to get real  —  The appeal of Pipe can't be witnessed on paper, but is instead evident in its visual simplicity.  You drag a file from your desktop onto a Super Mario-esque green pipe on your screen and the file disappears …

Ellen Nakashima / Washington Post:
White House's cybersecurity official retiring  —  The White House's cybersecurity coordinator said Thursday that he is stepping down at the end of this month after a 2 1 / 2-year tenure in which the administration has increased its focus on cyber issues but struggled to reach agreement …

Nick Bilton / Bits:
Twitter Implements Do Not Track Privacy Option  —  It's no secret that Facebook is worth about $100 billion because it collected personal data about its users.  A lot of data.  —  Although Twitter tracks its users too — albeit in a much less aggressive way — the company has decided to take a different route.

Sinead Carew / Reuters:
FCC chooses spectrum for wireless medical devices  —  (Reuters) - The U.S. telecommunications regulator is expected to announce plans on Thursday to set aside spectrum to connect wireless medical devices for more convenient health monitoring.  —  The Federal Communications Commission …

Emil Protalinski / ZDNet:
The Pirate Bay returns, Anonymous hater takes credit for DDoS  —  Summary: The Pirate Bay is back online.  An Anonymous traitor who goes by the name AnonNyre has claimed responsibility for the Distributed Denial of Service (DDoS) attack that kept the site offline for days.

Nilay Patel / The Verge:
HTC shipping custom Android builds on US devices to avoid Apple patents  —  The HTC One X for AT&T and Evo 4G LTE for Sprint already bear the distinction of being the first Android devices to face an import block at US Customs for potentially infringing an Apple patent, but the ignominy may be fleeting …

Tim Bradshaw / FT Tech Blog:
Rakuten CEO on why Pinterest is worth $1.5bn  —  Rakuten has led a $100m funding round into Pinterest, which values the online “curation” community at around $1.5bn.  —  The Japanese ecommerce giant won out over major US venture capital firms who were vying for a piece of Silicon Valley's new sweetheart …

Emil Protalinski / ZDNet:
Wikileaks has been under DDoS attack for the last three days  —  Summary: The Pirate Bay is down.  Wikileaks is down.  Visa was down.  Are all these Distributed Denial of Service (DDoS) attacks a coincidence?  Right now it's not clear, but something is definitely happening.

Kara Swisher / AllThingsD:
Even as Settlement Hopes Appear, Facebook Blames Shoddy Checking in Answer to Yahoo Patent Fraud Claim  —  When last we tuned in to the ongoing drama that is the patent infringement lawsuit Yahoo aimed at Facebook, Yahoo had a CEO — Scott Thompson — who was full steam ahead in pressing the controversial legal action.