Further reading: Nintendo set to release HD console and Google’s results disappoint

Tech news from around the web:

  • Nintendo is set to release a  successor to the Wii games console, according to Game Informer. The console, which could be launched at E3 trade conference in California this summer, will be capable of running games at a high-definition resolution.
  • Flipboard, the news and social media aggregator app, has secured a $50m fundraising, AllThingsDigital reports. The successful round gives the group a $200m valuation.
  • Social shopping site Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for a planned $15bn-$20bn public offering later this year, the Wall Street Journal reports.
  • Mashable has had a look at an app from sportswear company Reebok. The Promise Keeper, which is available on the iPhone and Android, will tell your Facebook friends and Twitter followers when you plan to take a run – and if you don’t, then it’ll tell them that as well.

From the FT: