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May 21, 2012, 6:10 PM
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Hayley Tsukayama / Washington Post:
Facebook closes at $34, far below IPO price  —  After a brutal day of trading, Facebook closed at $34.03, down nearly 11 percent and well below the company's initial offering price of $38.  —  Shares opened below the break-even mark and never recovered Monday.
Ingrid Lunden / TechCrunch:
Motorola Mobility Says $12.5B Google Deal To Close Tuesday Or Wednesday.  Layoffs Coming?  —  Google has reached the final regulatory hurdle to its $12.5 billion acquisition of Motorola Mobility, with China approving the transaction over the weekend, and today Motorola Mobility filed an 8-K form …
Seth Weintraub / 9to5Mac:
Apple CFO Peter Oppenheimer sends brochure to Cupertino neighbors inviting feedback on new 'Campus 2′  —  Apple is currently involved in an outreach program to new neighbors in its planned “Campus 2″ area.  A brochure was mailed this week to residents surrounding the new campus …
Robert McMillan / Wired:
How Apple and Microsoft Armed 4,000 Patent Warheads  —  In many ways, Scott Widdowson is your typical electrical engineer.  Most days, when the weather's good, he bikes the 15 miles along the Ottawa River to his company's offices in the west end of the Canadian capital.
Steven Sinofsky / MSDN Blogs:
Enhancing Windows 8 for multiple monitors … Connecting multiple monitors to a PC is one of the easiest ways to enhance your Windows experience.  Plug in a second monitor and you instantly double your working surface.  I've had a multi-monitor setup for the past 10 years …
Matthew Panzarino / The Next Web:
Google giving Cornell University 22k square feet of free office space at its NYC HQ for 5 years  —  Google's Larry Page today announced that the company would be giving over the use of 22,000 square feet of its New York City headquarters to CornellNYC Tech, while the university builds its new campus on Roosevelt Island.
John Cook / GeekWire:
Google pays $10M for TeraHop patents: Sale to help investors in fraud case recoup cash  —  Big technology companies are searching everywhere for patents, looking to protect themselves from future litigation.  Now, Google has emerged as the buyer of a patent portfolio in a complex fraud case …
Brad Stone / Business Week:
Michael Moritz to Step Back at Sequoia Capital  —  Michael Moritz, the prominent Silicon Valley investor who has backed companies such as Google (GOOG), LinkedIn, PayPal, and Yahoo (YHOO), is stepping back from some of his responsibilities at his firm, Sequoia Capital, and has disclosed …
Daniel Terdiman / CNET:
Leap Motion: 3D hands-free motion control, unbound  —  The startup's technology puts sub-millimeter accuracy at user fingertips, offers control gestures like pinch-to-zoom, and promises new applications that make the Kinect and its kin look like yesterday's news.
Liz Gannes / AllThingsD:
Google Voice Founder Tackles Conference Calls  —  Uberconference debuts today as a new interface for conference calls — you know, those terrifically annoying occurrences that people in business deal with on a daily basis.  —  What's notable about the product is it comes from Craig Walker …
More: TechCrunch
Josh Lowensohn / CNET:
ITC once again sides with Apple, RIM in Kodak patent spat  —  The U.S. International Trade Commission today once again said Apple and Research In Motion are not infringing on a patent held by Eastman Kodak.  —  ITC administrative law judge Thomas Pender today posted his initial determination …
Nate Anderson / Ars Technica:
Supreme Court declines to hear $675,000 file-swapping case  —  Boston student Joel Tenenbaum may be in for a second federal trial.  —  Appeal denied  —  United States Supreme Court  —  The Supreme Court this morning declined (PDF) to hear the appeal of admitted file-swapper Joel Tenenbaum …
Ellis Hamburger / The Verge:
Spotify expands to Australia and New Zealand  —  Spotify has just announced that it's expanding to Australia and New Zealand starting today, a few months after it announced availability in Germany.  All three tiers of Spotify (free, unlimited, and premium) will be available in New Zealand and Australia …
Jon Russell / The Next Web:
Google Chrome overtakes Internet Explorer as the Web's most used browser  —  Google Chrome has been long expected to leapfrog Microsoft's Internet Explorer (IE) to take its position as the Web's most used browser and, according to data from Statcounter, the momentous change of leadership happened last week.
John Paczkowski / AllThingsD:
Carriers Willing to Live With High iPhone Subsidies for Now  —  Much as U.S. wireless carriers would like to reduce the high subsidies they pay on Apple's iPhone, there's little chance that they'll do so anytime soon.  —  Why?  —  They're far too worried about what would happen to their customer-retention rates if they did so.
Marguerite Reardon / CNET:
Cable companies expand free Wi-Fi  —  BOSTON—The nation's biggest cable operators are banding together to offer free Wi-Fi access to their broadband customers in more than 50,000 hotspots around the country.  —  On Monday, Bright House Networks, Cablevision, Comcast, Cox Communications …
Foo Yun Chee / Reuters:
EU offers Google last chance in antitrust case  —  (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine.
David Carr / New York Times:
The Atavist Matures as a Publisher and a Platform  —  It sounds like the setup for a very old, stale joke.  Three guys walked into a bar in Brooklyn to complain about the state of journalism ... except by the time these guys were done chatting and plotting, they had come up with an actual business.
Andrew Webster / The Verge:
TiVo Stream transcoder and IP-based set-top box detailed  —  We already knew that TiVo was working on a transcoder and IP-based set-top box, and today the company has unveiled the final retail versions for both.  The set-top box works with your TiVo Premiere Q, and lets you watch both live …

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From Mediagazer

Anna Betts / The Guardian:
A judge orders an evidentiary hearing for next week to determine whether the Infowars auction was conducted fairly

Joe Flint / Wall Street Journal:
Sources: WBD and the NBA settle a lawsuit and agree to let WBD develop new shows with NBA content and grant rights in parts of Northern Europe and Latin America

Michael Gold / New York Times:
President-elect Donald Trump announces he has chosen Karoline Leavitt, who served as his campaign's press secretary, to be his White House press secretary

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