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5:05 PM ET, April 15, 2011

Techmeme

 Top Items: 
Biz Stone:
The Trouble Bubble  —  We founded Twitter, Inc. in March of 2007 and while we have long said it's about the users, not the service, we have nevertheless enjoyed favorable media coverage.  What took so long for somebody to write the article that says we are falling apart?
RELATED:
Nicholas Carlson / SAI:
These People Sold Twitter For Just $5 Million Back In 2006  —  How would you feel if a company you sold for $5 million less than five years ago was now reportedly fetching offers as high as $10 billion?  —  That's almost exactly what's happening to the dozen or so original owners of Twitter.
Discussion: BaltTech and The Business Insider
Nicholas Carlson / SAI:
The Truth About Twitter's Troubles
Peter Farago / Flurry:
Apple and Google Capture U.S. Video Game Market Share in 2010  —  Last year, Flurry reported that iPhone and iPod touch game sales surged from 2008 to 2009.  From a standing start, and in just one year, iPhone games captured 5% of the mature U.S. video game market.
RELATED:
Kim-Mai Cutler / Inside Mobile Apps:
Could Smartphones Kill The Portable Gaming Star?
Discussion: MediaPost
Justin Case / Android Police:
[Updated] Exclusive: Vulnerability In Skype For Android Is Exposing Your Name, Phone Number, Chat Logs, And A Lot More  —  Update #1: Skype is investigating the issue, we've been told.  —  Update #2: Skype's official first response can be found here.  —  The safety of our personal information …
RELATED:
RELATED:
Paul Toohey / CourierMail:
Web king's life on the line  —  IN ANOTHER era, Daniel Tzvetkoff would have been whacked - shot or garroted, buried in a shallow grave or sent to sleep with the fishes.  —  The world's two biggest online gambling companies, Full Tilt Poker and PokerStars, which want the $US100 million …
Discussion: The Next Web
Peter Kafka / MediaMemo:
Google Music Label Talks “Going Backwards”  —  Google has spent a year trying to build a music service that could compete with Apple's iTunes.  But those efforts seem to have stalled again.  —  Google's negotiations with the big music labels are “broken,” says a source familiar …
Joe Light / Wall Street Journal:
Mobile App Talent Pool Is Shallow  —  Companies Scramble for Engineers Who Can Write Software for Smartphones  —  This year, magazine publisher Hearst Corp. intends to add five software engineers to its mobile development staff.  Social-networking company Ning Inc. plans to nearly double its mobile development team.
Paul McIntyre / AdNews:
Google: we want iPhone to grow  —  Google's Android platform might be in a fierce battle with Apple to dominate smartphone handsets and apps, but the search giant's APAC boss says iPhone is delivering so much mobile search traffic they want their rival competitor to keep growing.
Mary Pilon / Wall Street Journal:
T. Rowe Price Invests in Facebook  —  Mutual-fund company T. Rowe Price has invested in Facebook Inc., according to recently released filings, underscoring traditional investment vehicles' growing interest in hot technology companies.  —  T. Rowe said it invested a total of $55.4 million …
MG Siegler / TechCrunch:
Shawn Fanning And Sean Parker Are Back With An Ambitious New Project; Investors Abound  —  Longtime collaborators Shawn Fanning and Sean Parker are back together working on an ambitious new project, we've learned.  —  In 1999, Fanning and Parker introduced the world to Napster.
Peter Kafka / MediaMemo:
Wired's Newest iPad Issue Boasts Its Best Feature Yet: Free  —  Remember when iPad magazine apps-and Wired's app in particular-were big news?  That was a year ago.  —  Now Wired would like to remind you that it's still publishing on the iPad, and the Conde Nast title is offering a pretty …
Michael Arrington / TechCrunch:
LivingSocial Acquires SocialMedia For $3 Million  —  Fast growing daily deal service LivingSocial, which just raised $400 million, has acquired long suffering social advertising network SocialMedia, we've confirmed.  The price was just $3 million, all in LivingSocial stock.
Zak Stambor / Internet Retailer:
Facebook wants to make daily deals more social  —  The social network hopes to leverage its news feed to help consumers discover their friends' interactions with Facebook Deals.  The move is designed to distinguish Facebook's offering from competitors such as Groupon and LivingSocial.
Hugo Miller / Bloomberg:
RIM Chiefs Defend PlayBook Tablet Against Critics as Debut Approaches  —  Research In Motion Ltd. (RIM) co-Chief Executive Officer Jim Balsillie said criticism of the company's PlayBook tablet computer, which goes on sale next week, are misguided because they ignore RIM's base of BlackBerry faithful.
Ashlee Vance / Business Week:
This Tech Bubble Is Different  —  Tech bubbles happen, but we usually gain from the innovation left behind.  This one—driven by social networking—could leave us empty-handed  —  Phillip Toledano  —  As a 23-year-old math genius one year out of Harvard, Jeff Hammerbacher arrived at Facebook …
Discussion: Fortune, @eldon, @hpnews and Betabeat
Electronista:
Android 3.0 tablets allegedly delayed due to low hopes  —  Companies building Android 3.0 tablets are supposedly holding back on launches based on concerns of low sales and support from Google.  Results for the Motorola Xoom were “lower than expected,” according to rumors.
Jun Yang / Bloomberg:
Google Faces Antitrust Complaints in South Korea on Popularity of Android  —  Google Inc. (GOOG), the largest Internet- search company, is facing antitrust complaints in South Korea as mobile phones using its Android software gain dominance, adding to global scrutiny of the company's businesses.
Mike Blumenthal / Understanding Google Maps …:
Google Discontinues Tags  —  Google Local is shedding products & names almost as fast they are making them these days...they just announced the end of Tags on the Lat Long Blog.  I guess I didn't realize that it was still a trial and was under the impression that it was a real product.  Silly me.
Discussion: Google LatLong and Screenwerk
Grant Gross / PC World:
White House Releases Trusted Internet ID Plan  —  The U.S. government will coordinate private-sector efforts to create trusted identification systems for the Internet, with the goal of giving consumers and businesses multiple options for authenticating identity online, according to a plan released …
Leena Rao / TechCrunch:
Online Education Startup Instructure Raises $8M From Eric Schmidt's Tomorrow Ventures, Tim Draper  —  Instructure, a startup that develops and open-source online learning management system, has raised $8 million in Series B funding led by OpenView Venture Partners, EPIC Ventures …
Discussion: PR Newswire and VentureBeat
Chris Richardson / WebProNews:
Oracle Turns OpenOffice Into A Community-Based Project  —  The longtime, free alternative to Microsoft Office will be changing hands in regards to development and supervision as Oracle announced their intentions to turn OpenOffice into a community-based, open source project.
Discussion: The Register
Neil Hughes / AppleInsider:
Apple hit with class-action suit over iPhone in-app game currency purchases  —  A new class-action lawsuit takes issue with free iPhone games that feature in-app purchases, alleging that Apple's App Store makes it easy for children to rack up credit card charges without realizing they are spending real-world money.
Josh Constine / Inside Facebook:
Facebook for iPhone Now Pulls the News Feed From m.facebook.com  —  Earlier this month, Facebook released an update for the Facebook for iPhone mobile app that included an “Improved news feed”, but no one seemed to understand what had actually changed.  We've determined that the native app …
Discussion: TUAW and App Advice
Matt Marshall / VentureBeat:
Glam hits $100M revenue, plans to file IPO as early as fall  —  Glam Media, the media and advertising company focused on women, has hit a run rate of $100 million in annual revenue and plans to file to go public as early as this fall, according to a well-placed source who requested anonymity because of the sensitivity of the matter.
 
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 More Items: 
Zach Epstein / BGR:
India bans Nokia's push email service
Discussion: Electronista
Jay Yarow / SAI: Silicon Alley Insider:
LivingSocial's Founders And Early Investors Pocketed $200 Million Of Its Latest Funding Round
Discussion: Fortune and TechCrunch
Slash Lane / AppleInsider:
Apple partner Cirrus Logic reports production problem with mystery audio device
Steven Levy / Fortune:
Inside Google's China misfortune
Discussion: SAI
Electronista:
MeeGo head says LG signing on despite Nokia backing away
Dean Takahashi / VentureBeat:
FCC boss says wireless spectrum allocation is key to making mobile broadband competitive
Discussion: Ars Technica
Steve Lohr / New York Times:
The Business Market Plays Cloud Computing Catch-Up
Discussion: Bits and Bottom Line
 Earlier Items: 
Mike Snider / USA Today:
Interview: Nintendo sold 400,000 3DS systems in first week
Michael Arrington / TechCrunch:
Secret Tasty Labs Prototype Unleashed To A Select Few
Larry Dignan / Between the Lines Blog:
Why is Chrome so important to Google? It's a ‘locked-in user’
Discussion: Digital Trends and TechCrunch
Matthew Kato / gameinformer:
Multiple Sources Confirm New Nintendo HD Console
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis

Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals

Alex Weprin / The Hollywood Reporter:
Memo: CNN's Poppy Harlow is leaving the network; she joined in 2008 and most recently co-hosted CNN This Morning, which was effectively canceled earlier in 2024

 
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