Logitech International SA (NASDAQ:LOGI) CEO Gerald Quindlen is stepping down after the company revealed a net loss of $29.6 million for the first quarter. The company cut the price of the Revue with Google TV device to $99. Quindlen was a big supporter of the Google TV box. Chairman and former CEO Guerrino De Luca will fill in for Quindlen while a replacement is being sought. [Engadget]

TribeHR is a human resources software company that has raised $1 million in seed funding from Matrix Partners. TribeHR’s software was designed for small and medium businesses.

Apple’s upcoming iTunes 11 is rumored to be a significant redesign of the program. Speculated specs include iTunes and iCloud integration, the iTunes store getting fully integrated into the app and, for the first time since its first incarnation, a fancy new UI. [Business Insider / idownloadblog]

Earler this year Oracle Corporation (NASDAQ:ORCL) filed a lawsuit against Google Inc. (NASDAQ:GOOG). Oracle holds the patents to Java after they acquired Sun Microsystems. However former Sun Microsystems CEO Jonathan Schwartz wrote a blog post in 2007 praising Google for integrating Java into Android. Oracle deleted the blog post, but Google retrieved it using Amazon.com’s Internet Archive and Wayback Machine. Google is using the deleted blog post as an estoppel. [Groklaw]

Read It Later is a popular bookmarking service that allows you to read content from any smartphone, tablet, or computer. Read It Later has raised $2.5 million in funding. The investors in this round include Foundation Capital, Baseline Ventures, Google Ventures, Founder Collective, and several angel investors.

Wordnik has raised $8 million in a third round of funding. Google VP of product management Bradley Horowitz has also joined the board of directors at Wordnik.

Daily deals website Groupon filed a Form D earlier this week. The Form D revealed a $10,288,416 offering for Chilean start-up company Zappedy. It is uncertain whether the $10.2 million offer was made in both equity and cash. Zappedy is a company that offers online and offline merchants with a platform for spending tracking.

Conde Nast publication Allure magazine and Amazon.com subsidiary Quidsi have partnered with each other on an e-commerce project. Allure magazine’s website will start having a major focus on e-commerce. Quidsi operates websites such Diapers.com and BeautyBar.com.