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1:00 AM ET, January 11, 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:
Zach Epstein / BGR:
Why I'm not switching to the Verizon iPhone: Need for speed  —  The image above says it all.  It shows a screen capture of an actual speed test performed on an Apple iPhone 4 while connected to AT&T's 3G network in northern New Jersey.  It is not an anomaly.
MG Siegler / TechCrunch:
The Verizon iPhone Hype Shown In One Image  —  I'm on a plane right now flying out to New York City.  Why?  Look at the chart above.  That's pretty perfect visualization of what the entire world now expects tomorrow: the Verizon iPhone.  —  Apple's stock has surged over 5 points today.
Discussion: Cult of Mac
Larry Dignan / Between the Lines Blog:
Verizon's iPhone: Here comes the fallout
Neil Hughes / AppleInsider:
Apple's Verizon iPhone could ‘cannibalize’ 6.5M sales from AT&T
Discussion: Forbes, Fast Company and App Advice
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: two rivals team up  —  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, NVIDIA representatives described …
RELATED:
NVIDIA Press Room:
Intel to Pay NVIDIA Technology Licensing Fees of $1.5 Billion
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.
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
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 …
Jason Kincaid / TechCrunch:
Bump Raises $16 Million Round Led By Andreessen Horowitz  —  If you've got an iPhone or Android device, there's a decent chance you're familiar with Bump, the nifty service that lets you swap contact information (and other data) by simply tapping two phones together.
Discussion: GigaOM, VentureBeat, Bump Blog and Mashable!
David Dahlquist / Macworld:
Kindle app gets side-loading, background downloading  —  Amazon has posted a major update to its free Kindle app for the iPad and iPhone.  The version 2.5 update adds the ability to take advantage of iOS 4's multitasking abilities, adds support for millions of free books from various Internet sources …
Discussion: App Advice
RELATED:
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 …
Mike Melanson / ReadWriteWeb:
Who Came Out On Top At CES?  —  Now that the Consumer Electronics Show is over and all the vendors are breaking down their booths, we have one question - who won?  —  According to social media monitoring site RowFeeder, there was at least one clear leader when it came to the next generation of tablets …
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.
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.
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 and SAI
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 …
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 …
 
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 More Items: 
Paul Carr / TechCrunch:
Why I'm Having Second Thoughts About The Wisdom Of The Cloud
Discussion: New York Times
Dan York / Disruptive Telephony:
Skype just crossed over 27 million simultaneous users online!
Discussion: GigaOM and The Next Web
Matt Rosoff / SAI: Silicon Alley Insider:
Former RIM Employee Highlights Playbook Challenges
Discussion: IntoMobile and BGR
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
 Earlier Items: 
Elizabeth Woyke / Forbes:
Best Buy Officially Launches Buy Back Program
Discussion: BGR and CNET News
Mark Gurman / 9 to 5 Mac:
Makers of VLC Player for iOS respond to App Store removal
Discussion: Ars Technica and RazorianFly
BBC:
Microsoft investigates ‘phantom’ Windows Phone 7 data
DigiTimes:
Motorola expected to ship 700,000-800,000 Xoom tablet PCs in 1Q11
Liz Gannes / NetworkEffect:
Myspace Plans to Lay Off 550 to 600 Employees Tomorrow