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10:45 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.
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.
Neil Hughes / AppleInsider:
Apple's Verizon iPhone could ‘cannibalize’ 6.5M sales from AT&T
John Paczkowski / Digital Daily:
AT&T Prepared for Loss of iPhone Exclusive
Discussion: VatorNews, PC World, Crave and DSLreports
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
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
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
Ryan Singel / Threat Level:
Twitter's Response to WikiLeaks Subpoena Should Be the Industry Standard  —  ANALYSIS — Twitter introduced a new feature last month without telling anyone about it, and the rest of the tech world should take note and come up with their own version of it.  —  Twitter beta-tested a spine.
Discussion: techPresident and The Register
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
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 …
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.
Stuart Miles / Pocket-lint:
Google Ice Cream landing in time for the summer  —  EXCLUSIVE: Sources date the next Android update  —  Google will release the next version of its mobile phone operating system, Android 2.4, in the summer, Pocket-lint has learnt.  —  According to multiple sources familiar with the matter …
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.
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 …
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: SAI, Fortune and Pulse2
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 …
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”.
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.
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 …
Steven Sande / TUAW:
Rumor: Best Buy stores to add more Apple products, get Genius Bars  —  An anonymous tipster who works at a Best Buy store let us know this morning that he was informed by his Apple rep that the Apple section of the computer department will be going through a transition sometime this Spring to allow more products to be displayed.
Matt Rosoff / SAI: Silicon Alley Insider:
Former RIM Employee Highlights Playbook Challenges  —  RIM's BlackBerry Playbook is going to have a lot of challenges at launch, former RIM employee Raymond Reddy tells us.  —  Reddy was in corporate development for RIM until 2008, when he left to start PushLife, a music software company …
Discussion: IntoMobile and BGR
 
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 More Items: 
Zach Epstein / BGR:
Why I'm not switching to the Verizon iPhone: Need for speed
Dan York / Disruptive Telephony:
Skype just crossed over 27 million simultaneous users online!
Erick Schonfeld / TechCrunch:
Kindle Comes To The Mac App Store, Already No. 5 Free App
Discussion: App Advice, 9 to 5 Mac, SAI and MacNN
Audrey Watters / ReadWriteWeb:
Virginia Poised to Ban Teacher-Student Texting, Facebooking
Caroline McCarthy / CNET News:
Kayak feels the Google-ITA pressure
Discussion: Tnooz
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
Mark Gurman / 9 to 5 Mac:
Makers of VLC Player for iOS respond to App Store removal
Discussion: Ars Technica and RazorianFly
 Earlier Items: 
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
DigiTimes:
Motorola expected to ship 700,000-800,000 Xoom tablet PCs in 1Q11
 

 
From Mediagazer:

Dylan Byers / Politico:
Piers Morgan joins Daily Mail Online as Editor-at-Large for the US

Steve Buttry / The Buttry Diary:
Amy O'Leary: Why the New York Times didn't publish its Innovation report

Peter Sterne / Capital New York:
The Toast hires Roxane Gay to lead new sister site ‘The Butter’

 
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