Flipboard for Android will arrive on Galaxy S III first, other devices later

Awesome news-reading app Flipboard will soon make the jump from iOS to Android, with its first device on Android being the just-announced Samsung Galaxy S III.

It’s unusual for a startup of its kind to launch on just one Android …

Yahoo CEO accused of lying on SEC filings in proxy war (updated)

Updated 2:00 pacific time with statement from Yahoo.

Yahoo chief executive Scott Thompson is being accused of lying about his education in Yahoo’s SEC filings. He and Dan Loeb, the force behind Yahoo’s greatest outstanding shareholder Third Point, are fighting …

LinkedIn delivers, Q1 revenue up 101% to $188.5M

Expectations were astronomically high for LinkedIn’s first quarter 2012 earnings, and the professional social network more than delivered with $188.5 million in revenue and net income of $5 million.

The revenue figure is up 101 percent from the same quarter …

WePay hopes to give PayPal a run for its money with new $10M investment

Payment processing service WePay has raised $10 million in new funding, the company announced Thursday.

Founded in 2008, WePay is known for its easy, anyone-can-use-them payment collection services, aimed at individuals and “unsophisticated” online sellers. The company was originally designed …

Need some inspiration, ladies? Meet the women of Forbes’ Midas List

Forbes today published its Midas List, an annual recounting of who’s who among the top investors around the globe.

We took a look at the tech sector, and of the top 100 investors chosen to be listed, only five were …

Before you crowdfund, read this

The Jumpstart Our Business Startups (JOBS) Act was signed into law on April 5, 2012 to help early-stage and emerging companies get easier access to capital.

The legislation, which is sweeping in nature, contains various provisions crafted to ease capital …

Facebook sets $28-$35 range, raising up to $11.8B in IPO (updated)

Facebook set an expected initial public offering price range of $28 to $35 per share today.

The social network amended its S-1 prospectus with additional guidance on its offering in the final run-up to an expected May IPO. The company …

Confirmed: Revision3 acquired by Discovery Communications

One of the Internet’s first big web video networks, Revision3 is being bought by Discovery Communications, the company that owns familiar cable networks such as the Discovery Channel, TLC, Animal Planet, Oprah Winfrey Network (OWN), and Science Channel.

Financial terms …

A Silicon Valley law firm loosens its tie, opens collaborative space in SOMA

Law offices bring to mind power suits, closed-door corner offices, serious conversations, and clients getting billed for every minute of advice. Collaborative work spaces with lounges, foosball tables, communal desks, and fun networking events are the bailiwick of hoodie-filled startups. …

Samsung Galaxy S III owners will get 50GB free storage from Dropbox

Cloud storage startup Dropbox will provide a generous 50GB of free storage to new owners of the just-announced Samsung Galaxy S III Android smartphone.

The move mimics Dropbox’s prior decision to team up with HTC to give owners of the …

Disqus overhauls commenting system to improve quality of conversations

Five-year-old commenting platform Disqus is beginning the release of a dramatically overhauled version of its product today. The new edition aims to improve the quality of online conversations through speed enhancements, comment-voting capabilities, and personalized and community views.

Disqus is …

Samsung’s Galaxy S III: A 4.8-inch Android monster that watches you

After whipping up an iPhone-like buzz for its Galaxy S series, Samsung today finally unveiled its latest entry in the series, the Galaxy S III.

As expected, the phone is an absolute monster, with a huge 4.8-inch screen sporting a …

Boingo, Transit Wireless team up to bring Wi-Fi to NYC subway stations

Underground Wi-Fi service is finally coming to New York City subway stations.

Transit Wireless has a signed a deal with Wi-Fi provider Boingo to wire New York City’s underground subway stations with Wi-Fi access. Service will roll out gradually over …

Call of Duty buzz grows 4X after Black Ops II unveiling

Activision Blizzard's latest entry in the blockbuster video game series generated four times as many messages on social networks, according to market analyst Nielsen Media.

Stealthy LifeStreet Media nabs $66M for awesomesauce Facebook, mobile in-app ads

You’ve likely never heard of LifeStreet Media, even though the company has paid Facebook and mobile developers over $100 million in advertising revenue, and driven more than 200 million app installs. Today the company is coming out of hiding to …

Microchip Tech bets on car chips with $939M Standard Microsystems buy

Semiconductor maker Microchip Technology will acquire smaller rival Standard Microsystems for about $939 million, a move that will help Microchip enter the car tech market, the company said Thursday.

As we noticed at January’s CES conference, car tech is taking …

Top sales talent leaving Groupon as its woes mount

According to a former salesperson at Groupon, top sales talent is leaving the company as its troubles mount. As of this morning, Groupon reached another all time low, trading on the NASDAQ at $10, half off its $20 IPO price. In just the month of April, the stock lost 42% of its value.