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May 23, 2012, 4:30 PM
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Reuters:
Facebook, Zuckerberg, banks sued over IPO  —  (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg, and several banks led by Morgan Stanley were sued by shareholders, who claimed the defendants hid the social networking leader's weakened growth forecasts ahead of its $16 billion initial public offering.
Joseph A. Giannone / Reuters:
Morgan Stanley to adjust prices on Facebook trades  —  (Reuters) - Morgan Stanley told brokers on Wednesday it is reviewing every Facebook Inc trade and will make price adjustments for retail customers who paid too much during the social network company's debut last week, according to an internal memo.
Alexei Oreskovic / Reuters:
NYSE pitches listing to Facebook after IPO mess: source  —  (Reuters) - The New York Stock Exchange (NYX.N) is courting a stock listing from Facebook (FB.O), a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival Nasdaq bourse.
Shane Richmond / Telegraph:
Jonathan Ive interview: Apple's design genius is British to the core  —  Apple's design guru Jonathan Ive, who receives a knighthood today for creating products such as the iPad, tells Shane Richmond why this country's industrial heritage lies behind his success.
Guardian:
Arise, Sir Jonathan: Apple designer knighted  —  Designer behind iPhone, iPod, iMac and iPad flies from US with family to be knighted by Princess Anne  —  The Apple designer Sir Jonathan Ive has spoken of the “thrilling” moment when he was knighted by the Princess Royal at Buckingham Palace.
Bryan Bishop / The Verge:
Jury: Google did not infringe Oracle patents with Android  —  Over a week after it began deliberations, the jury has returned a verdict in the patent infringement case between Oracle and Google, finding that the search giant did not infringe upon Oracle's patents with Android.
Jonathan S. Geller / BGR:
Microsoft set to release Office for iOS and Android tablets in November  —  BGR has learned from a reliable source that Microsoft is currently planning to release the company's full Office suite for not only Apple's iPad, but for Android tablets as well.  The company is targeting November of this year for both launches.
Robert McMillan / Wired:
IBM Outlaws Siri, Worried She Has Loose Lips  —  Siri doesn't work on IBM's internal networks.  (Image: Flickr/Photo Giddy)  —  If you work for IBM, you can bring your iPhone to work, but forget about using the phone's voice-activated digital assistant.  Siri isn't welcome on Big Blue's networks.
Dean Takahashi / VentureBeat:
HP plans to lay off 27,000 people — 8 percent of the workforce  —  Stung by its failures in the mobile computing business, Hewlett-Packard said it would lay off 27,000 employees today.  That amounts to 8 percent of its 325,000-person work force.  —  The cuts will be implemented …
Noah Levin / The Official Google Blog:
A faster, simpler Google Search app for iPhone  —  Starting today, when you use the Google Search app on your iPhone, you'll see a completely redesigned interface that gives you faster results, beautiful full-screen image search, and a simple way to access all your Google apps in one place.
Ingrid Lunden / TechCrunch:
Social Media Marketer Vitrue Has Been Bought By Oracle For $300 Million  —  Breaking news: TechCrunch has discovered that software giant Oracle has made a big investment in social media today.  The company has bought Vitrue, the social media marketing company that is a close partner to Facebook.
Enigmax / TorrentFreak:
Rickroll Meme Destroyed By Copyright Takedown  —  Anyone who has spent much time online, especially on Internet message boards of any kind, will be aware of Rickrolling.  —  It's an incredibly simple concept.  The meme is based on a bait and switch, whereby someone posts a hyperlink …
Declan McCullagh / CNET:
FBI quietly forms secretive Net-surveillance unit  —  The FBI has recently formed a secretive surveillance unit with an ambitious goal: to invent technology that will let police more readily eavesdrop on Internet and wireless communications.  —  The establishment of the Quantico, Va.-based unit …
Sarah Perez / TechCrunch:
Amazon Partners With Paramount, Brings Hundreds More Movies To Prime Instant Video Service  —  Amazon is continuing to grow its collection of streaming video titles at Amazon Prime Instant Video, and is today announcing another new agreement with Paramount Pictures bringing “hundreds” of new movies to the service.
New York Times:
F.C.C. Weighs Treating Video Sites Like Cable Companies  —  BOSTON — Most consumers have no idea what an M.V.P.D. is, but they mail a check to one every month.  What they call Comcast or Time Warner Cable or DirecTV, the government calls a “multichannel video programming distributor,” or M.V.P.D. for short.
Brian Krebs / Krebs on Security:
Google to Warn 500,000+ of DNS Changer Infections  —  Google plans today to begin warning Internet users if their computers show telltale signs of being infected with the DNSChanger Trojan.  The company estimates that more than 500,000 systems remain infected with the malware …
John Gruber / Daring Fireball:
How Apple Could Play the Bigger-Display iPhone Thing at WWDC, Which I Swear, I'm Still Not Convinced Is for Real But We're Getting to the Point Where There's an Awful Lot of Smoke for There Not to Be a Fire So Let's Run With It  —  For the sake of argument let's take it as a given …
Thanks:@srikardr
Eric Savitz / The Tech Trade:
Seagate To Buy Storage Products Maker LaCie For At Least $186M  —  Seagate this morning announced plans to acquire LaCie, a Paris-based producer of consumer data storage devices, for at least $186 million.  —  Seagate said it has agreed to buy a 64.5% stake in LaCie held by Philippe Spruch, the company's chairman and CEO.

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From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors

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