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7:50 PM ET, January 10, 2011

Techmeme

 Top Items: 
Amy Thomson / Bloomberg:
IPhone May Cost Verizon $5 Billion in Subsidies in First Year  —  Jan. 10 (Bloomberg) — Verizon Wireless, set to get Apple Inc.'s iPhone this month after four years of waiting, may spend $3 billion to $5 billion to subsidize customer purchases of the device this year, cutting into profits, analysts say.
Discussion: mocoNews and SAI
RELATED:
Larry Dignan / Between the Lines Blog:
Verizon's iPhone: Here comes the fallout  —  Verizon Wireless will finally get Apple's iPhone on Tuesday and the network and sales machine appears to be ready to roll.  —  But Tuesday is only the beginning.  While the iPhone is an obvious boon for Apple and Verizon Wireless there are other ripple effects to consider.
John Paczkowski / Digital Daily:
AT&T Prepared for Loss of iPhone Exclusive
Discussion: Macworld, BGR, AppleInsider and DSLreports
Mary Jo Foley / ZDNet:
Muglia's e-mail to the Microsoft troops: 'I'm moving on to new opportunities outside of Microsoft'  —  We've seen Microsoft CEO Steve Ballmer's January 10 e-mail to the troops about Server and Tools Business (STB) Unit President Bob Muglia's unexpected departure from the company.
RELATED:
Joe Wilcox / BetaNews:
End of an era: Bob Muglia is leaving Microsoft
Yahoo! News:
Steve Jobs to join Murdoch to unveil iPad paper  —  Rupert Murdoch will unveil News Corp.'s much-anticipated iPad newspaper onstage this month with Apple chief executive Steve Jobs, The Cutline has learned.  —  The two media moguls will appear together at the San Francisco Museum of Modern Art …
RELATED:
Jeff Bercovici / Mixed Media:
The Day of The Daily: Murdoch's iPad Thingy Coming Jan. 19  —  Mark your calendars, media nerds.  Wednesday, Jan. 19, 2011 is the day it all changes.  Maybe.  —  That's the planned launch date for The Daily, the iPad-only publication News Corp. has been feverishly developing.
Jon Stokes / Ars Technica:
Intel/NVIDIA bombshell: look for NVIDIA GPU on Intel processor die  —  Intel and NVIDIA have announced a six-year, $1.5 billion dollar technology cross-licensing deal that marks the end of a long patent dispute between the two chipmakers.  On a conference call this afternoon …
RELATED:
NVIDIA Press Room:
Intel to Pay NVIDIA Technology Licensing Fees of $1.5 Billion
Michael Arrington / TechCrunch:
Groupon Raises, Like, A Billion Dollars  —  Groupon has closed what remained of that huge $950 million financing round which we first reported on in late December.  They closed on roughly half of it then, from DST, Fidelity and Morgan Stanley.  We then learned that Kleiner Perkins was also in the round.
RELATED:
Connie Loizos / PE Hub Blog:
Most Interesting About Groupon's New Round? Who's Not In It
Discussion: VentureBeat
Pui-Wing Tam / Digits:
Square Raises $27.5 Million  —  Square Inc., the mobile payments service co-founded and led by Twitter co-founder Jack Dorsey, has just closed a new $27.5 million round of funding led by Sequoia Capital.  —  The funding, which also is set to include some strategic and individual investors …
RELATED:
Michal Lev-Ram / Fortune:
Intuit takes a swipe at Square
Ben D'Angelo / Google Code Blog:
Google URL Shortener gets an API  —  When we launched Google's URL shortener externally back in September, there was no accompanying API to allow people to integrate goo.gl into their applications and web pages.  However, we said that we were working on one, and today we're happy to announce …
Discussion: NewsGrange, Erictric and The Next Web
Philip Rha / Facebook Blog:
The New Profile Is Here  —  Last month, we introduced the new profile, which now makes it even easier for you to tell your story and learn about your friends.  For the month of December, we gave people the option to upgrade to the new profile early, and hundreds of millions of you made the switch.
Liz Gannes / NetworkEffect:
Myspace Plans to Lay Off 550 to 600 Employees Tomorrow  —  Myspace, which has been struggling to revitalize itself, is expected to lay off 550 to 600 of its staff of just over 1,000 tomorrow, according to several sources.  —  NetworkEffect first reported news of the large-scale cuts at the end of December.
New Zealand Herald:
Google billionaire buys Kiwi's superyacht  —  Sir Douglas Myers has lost his Senses: he's sold the 59m luxury superyacht to Google billionaire Larry Page.  —  The luxury motor boat sold last month to the Google co-founder after being listed on the boat international website for €35 million ($60.5 million).
Discussion: Fortune, Pulse2, SAI and DealBook
BBC:
Microsoft investigates ‘phantom’ Windows Phone 7 data  —  Microsoft boss Steve Ballmer has promised updates to the operating system soon  —  Microsoft has told BBC News that it is investigating why some handsets running its Windows Phone 7 software are sending and receiving “phantom data”.
Tom Krazit / CNET News:
AMD CEO resigns; search on for new leader  —  AMD CEO Dirk Meyer will step down after reaching an agreement with the company's board over his departure, AMD said today.  —  Thomas Siefert, AMD's CFO, will fill Meyer's spot on a temporary basis as the company searches for a new CEO.
Hiroko Tabuchi / New York Times:
Facebook Wins Relatively Few Friends in Japan  —  TOKYO — Mark Zuckerberg.  Who?  —  Mr. Zuckerberg, the 26-year-old Facebook chief executive and co-founder, may be the man of the moment in the United States and much of the rest of the online world.  But here in Japan …
MG Siegler / TechCrunch:
Google Goggles Can Now Read Print Ads.  Oh, And Play Freaking Sudoku!  —  Of all the mobile applications that Google has come out with in the past couple of years, Google Goggles is definitely one of the coolest.  You point your smartphone at any object, and Google attempts to figure out what it is …
DigiTimes:
Motorola expected to ship 700,000-800,000 Xoom tablet PCs in 1Q11  —  Motorola, with assistance from Google, has showcased its new Android 3.0-based Xoom tablet PC and has placed orders for about 700,000-800,000 units with four color options for the first quarter of 2011, according to sources from upstream component makers.
Alexia Tsotsis / TechCrunch:
Foodspotting Scoops Up $3 Million From BlueRun Ventures  —  Location-based food discovery tool, Foodspotting has just picked up 3 million in series A funding from BlueRun Ventures, days shy of its one year anniversary on January 15th.  Angels from the previous $750k seed round will also be following …
Caroline McCarthy / CNET News:
Kayak feels the Google-ITA pressure  —  The likelihood that Google may acquire travel search technology company ITA Software has been causing waves of nervousness across companies in the existing travel search market—many of whom count themselves among ITA's existing clients.
Discussion: Tnooz
 
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 More Items: 
Mary Jo Foley / All about Microsoft Blog:
Microsoft enables workaround for expiring Vail Home Server beta
Discussion: The Next Web
Elizabeth Woyke / Forbes:
Best Buy Officially Launches Buy Back Program
Discussion: CNET News
Mark Gurman / 9 to 5 Mac:
Makers of VLC Player for iOS respond to App Store removal
Discussion: Ars Technica and RazorianFly
Leena Rao / TechCrunch:
After Three Weeks, Foursquare Hits One Million Photos
Marshall Kirkpatrick / ReadWriteWeb:
Apache Co-Founder, Mozilla Board Member, Becomes New CTO of World Economic Forum
 Earlier Items: 
Rupal Parekh / AdAge:
Groupon Makes Big Bid on Traditional TV, Buys Super Bowl Pregame
New York Times:
1986 Privacy Law Is Outrun by the Web
Discussion: The Atlantic Online
 

 
From Mediagazer:

Brooks Barnes / New York Times:
Hollywood has worst summer since 1997 as US summer ticket sales decline 15% from 2013

Paul Bond / Hollywood Reporter:
A&E Networks agrees to pay $250M for a 10% share of Vice Media, valuing it at $2.5B

Alexis Sobel Fitts / Columbia Journalism Review:
Michael Brown shooting and the crimes journalists choose as newsworthy

 
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