T-Mobile to offer new contract-free mobile data plans May 20th

Wireless carrier T-Mobile will soon offer new contract-free mobile broadband plans, which are designed for the growing number of Americans who prefer prepaid options to long-term contracts, the company said today.

T-Mobile is in a precarious position as the No. …

Check out Foodspotting’s new personalized picture menus for every restaurant

Foodspotting, once a repository for food porn, is branching out today with a new launch. The mobile app is now serving up personalized menus just for you, everywhere you go.

“We’re trying to be a picture menu for every restaurant, …

Rogue Anonymous hacker ‘Nyre’ takes responsibility for Pirate Bay DDoS attack

Eager content-deprived pirates were flummoxed on Wednesday by the news that The Pirate Bay had been taken offline by a massive distributed denial of service (DDoS) attack.

While suspicions were almost immediately leveled at the hacktivist group Anonymous, The Pirate …

Facebook Pages Manager: Now you can manage your pages from a new iPhone app

[Update: This appears to be a very soft launch. The app is available in the Canadian iTunes store, and apparently in the New Zealand and Australian iTunes stores as well, but is not accessible yet in the US. When …

Senators want to block Facebook’s Saverin from reentering the U.S (update)

Sparked by Facebook co-founder Eduardo Saverin’s renouncement of citizenship, two U.S. Senators are planning to unveil a new plan focused on preventing the super rich from dodging taxes.

Saverin has been taking quite a bit of heat over dropping his …

Facebook’s world takeover by the numbers

With eight years, $2.2 billion in funding, and 901 million users under its belt, Facebook is set to become a public company. Thanks to data compiled by analytics firm Nielsen, we can revisit some of the more memorable moments of …

Research: 44% of Facebook users will ‘never’ click sponsored ads

Turns out GM might have been on to something. New research from marketing agency Greenlight shows 44 percent of Facebook’s users say that they will “never” click on sponsored posts or display ads on Facebook.

UPDATE: Facebook sets $38 share …

Pinterest joins the billion dollar club: Gets $100M in round led by Rakuten

After Facebook’s surprising Instagram buy, it now seems like every hot startup needs to reach a billion dollar valuation to truly be taken seriously. So it was inevitable that Pinterest, the popular image pinboard site, would eventually skyrocket in value.…

Funding daily: go shopping for vintage clothes and Russian furniture

We’ve got a lot of stories this Wednesday for you. Click each link below to learn more about the day’s funding news.

If you’re hankering for more funding news throughout the day, you can subscribe to our Deals Channel RSS …

Facebook’s Saverin on giving up citizenship: “This had nothing to do with taxes”

Facebook co-founder Eduardo Saverin is taking quite a bit of heat for renouncing his U.S. citizenship prior to the social network giant’s estimated $100 billion IPO this Friday. And after apparently growing tired of people painting him as greedy, he’s …

Move things with your mind: BrainGate robotic arm is controlled by brain waves

Technology often comes together at the intersection of useful, important, and mind-boggling when it helps someone in need. Today BrainGate announced an invention that encompasses all three — a robotic arm controlled by your brain.

I constantly tried to move …

Are Facebook ads really that bad?

Facebook is getting ready for what may be history’s largest initial public offering for a tech company on Friday. But is it really a good business?

Maybe not, say an increasing number of critics, who point to how Facebook ads …

Ratings board wants parents to think twice before buying that video game

The Entertainment Software Ratings Board (ESRB) teamed up with San Francisco Giants players Ryan Vogelsong and Buster Posey (shown above) Wednesday to kick off a public service announcement encouraging parents to check the rating on their child’s video game.

While …

When rumors hit hard: Samsung falls 6 percent after Apple turns to Elpida

What a difference a rumor makes. Samsung, which supplies some of Apple’s mobile parts, lost $10 billion off its market cap yesterday after a report surfaced that Apple had taken some of its business elsewhere.

Yesterday, DigiTimes reported that Apple …

Big data is expensive: Palantir raises another $56M

Looks like it pays to be in big data. Data analysis company Palantir has raised $56 million in its latest round of funding  through two undisclosed investors, according to an SEC filing today.

Palantir seems to have been very successful …

Netflix web video player gets a gorgeous new design

Streaming video service Netflix is rolling out a spanking-new design for its website’s video player today, which may make people think twice about favoring their set-top box over the web browser.

As you can see in the screenshots below, the …

Bitly reportedly raising $20M and launching a viral search engine

Four-year-old link shortening service Bitly is reportedly working on raising a $20 million funding round and launching a few new products. The startup has apparently also moved out of incubator Betaworks and into its own space, reports The Verge.

If …