• If you've ever want to call your Facebook friends directly via FB and not uh, you know over your cell phone, now you can. T-Mobile introduced Bobsled, a calling feature integrated into Facebook chat that lets users call one another for free, as well as leave private and public voice mails. (Technologizer)
• Fortune contributor Andy Zaky explains why Apple shares will likely trade at valuation levels that haven't been seen since the depth of the financial crisis. (Fortune)
• Yahoo's first quarter revenues were down 6%, from $1.13 billion the same time last year to $1.064 billion this year, a decrease the Internet company attributed largely to its search agreement with Microsoft, whereby Bing now powers Yahoo searches. (TechCrunch)
• Meanwhile, Intel surpassed analyst expectations -- its first quarter sales jumped 25% year over year to $12.9 billion, significantly more than the predicted $11.9 billion average estimate. (Tech Trader Daily)
• Reuters has the scoop on the iPhone 5, which the outlet's sources report will look a lot like the iPhone 4 (not a bad thing), but will have a faster processor. Chances are also very good it'll start shipping in September, so start saving now... (Reuters)
• Kobo, the e-book company which Borders endorsed, raised $50 million in funding led by investors like Indigo Books & Music and Cheung Kong Holdings.
• RockMelt, that social media-focused web browser that launched last year, announced RockMelt mobile, a standalone free app that takes a slightly different approach to the browsing experience. The home screen (see below) still lets users search and input web URLs but puts their RSS and social feeds front and center. There's also a new "View Later" feature -- select a particular story on the mobile version, for instance (eg. Today in Tech) and it'll sync up with and load up in the RockMelt desktop browser for easier reading. Expect it to hit the App Store within the next few days.