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11:05 AM ET, May 26, 2011


 Top Items: 
Hedge fund star calls for Microsoft CEO to go  —  (Reuters) - Influential hedge fund manager David Einhorn called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the software company's long-time chief was stuck in the past.  —  Einhorn, speaking at the annual Ira Sohn …
Nilay Patel / This is my next:
Confirmed: Google Wallet NFC payment system launches tomorrow, retail partners in tow  —  We'd already guessed that tomorrow's Google event would be all about contactless payments, and we can now confirm that the system will be called Google Wallet and launch later this summer.
Peter Parkes / Heartbeat:
[UPDATED] Problems signing into Skype and making calls for a small number of users  —  A small number of you may have had problems signing in to Skype.  This predominantly affects people using Skype for Windows.  We have identified the problem and will issue a fix in the next few hours.
iPhone 4S to be revealed at WWDC?  Invites appear to confirm it...  If you believe the rumours currently fizzing down Britain's broadband pipes, Apple has pretty much put the kibosh on iPhone 5 - at least for 2011.  —  But if that's the case, why is Apple's public relations department …
China using prisoners in lucrative internet gaming scam  —  Labour camp detainees endure hard labour by day, online ‘gold farming’ by night  —  As a prisoner at the Jixi labour camp, Liu Dali would slog through tough days breaking rocks and digging trenches in the open cast coalmines of north-east China.
Mike Butcher / TechCrunch Europe:
No Spotify inside Facebook, two record labels still needed for US launch  —  There has been some interesting speculation regarding the relationship between hot (at least in Europe) music streaming service Spotify and gargantuan social platform Facebook.  Now Forbes is reporting that Facebook …
Discussion: SAI and I4U News
Parmy Olson / Disruptors:
Facebook To Launch Music Service With Spotify
Peter Kafka / AllThingsD:   Chill Out! Spotify on Facebook Is Cool, Not a Game Changer.
Matthew Panzarino / The Next Web:
Square's name and design were changed by a lunch at Apple  —  According to Jack Dorsey, payment service Square was almost called ‘Squirrel’ and the card reader dongle was made of wood and shaped like an acorn.  Until he had lunch at Apple.  Update below.  —  Dorsey, Twitters co-founder …
Peter / The Mac Security Blog:
INTEGO SECURITY MEMO - New Mac Defender Variant, MacGuard, Doesn't Require Password for Installation  —  Malware: OSX/MacDefender.F and OSX/MacDefender.G  —  Risk: Medium; effective SEO poisoning has led many Mac users to this type of malware, and no administrator password is required to install this new variant.
Rich Mogull / Macworld:
Mac Defender: Pay attention but don't panic
Discussion: TUAW
Ed Bott / Ed Bott's Microsoft Report Blog:
Mac malware authors release a new, more dangerous version
Robin Wauters / TechCrunch:
Amazon Repeats $0.99 Deal On Lady Gaga Album, Says Servers Won't Melt This Time  —  Earlier this week, Amazon offered the new album from superstar Lady Gaga, ‘Born This Way’, for a mere $0.99 in an effort to get people to discover its recently launched Cloud Drive / Player service.
Leena Rao / TechCrunch:
Online Shopping Startup ProjectSlice Raises $9.4 Million From Eric Schmidt, Michael Birch And Others  —  Stealthy startup ProjectSlice is launching to the public today and announcing a $9.4 million Series A funding round led by DCM and Lightspeed Venture Partners with Michael Birch …
Luis Sigal / Google Mobile Blog:
Check-ins and rating places get easier with Google Maps 5.5 for Android  —  We've made it easier to check in and out of places, rate various locations, and get transit information with Google Maps 5.5 for Android.  This release adds ‘check in’ and ‘rate and review’ buttons to Place pages …
Nick Hughes / So Entrepreneurial:
Bubbles and Golden Ages  —  Update: This post has been republished on  —  I once watched an interview where angel investor Fred Wilson offhandedly noted reading a book which transformed the way he looked at markets and the web in general.
Discussion: The Business Insider
Fred / A VC:
Some Thoughts On InvestorRank  —  Chris Farmer, a VC with General Catalyst, presented some interesting data yesterday at Disrupt.  He ranked VC firms on the basis of what companies they invested in as the first VC investor.  If you invested in a highly successful company in the first round …
Discussion: Betabeat
Erick Schonfeld / TechCrunch:
The Top 10 VC Firms, According To InvestorRank
Discussion: SAI and Entrepreneur Watch
David Lazarus / Los Angeles Times:
Bank of America data leak destroys trust  —  The far-reaching fraud serves as a cautionary tale for all consumers who entrust virtually their entire financial lives to major companies.  —  Andrew Goldstein has been a Bank of America customer for more than four decades.
Discussion: Computerworld
Adam DuVander / ProgrammableWeb:
Who Belongs to the API Billionaires Club?  —  We write a lot about the growth in the number of APIs on ProgrammableWeb.  But how about usage?  Some APIs see so many requests that they measure in billions.  We refer to these companies as the API Billionaires Club.
Noah Davis / SAI: Silicon Alley Insider:
Magazine Editors Are 100% Sure Tumblrs Are Driving Subscriptions, But They Can't Prove It  —  The stunning success of Tumblr continues to filter its way across the internet landscape.  —  The rapidly maturing microblogging platform recently passed 250 million page views per day, shocking even founder David Karp.
HTC to begin volume production of Puccini tablet PCs in June  —  HTC has entered the final stages of testing for its 10.1-inch Puccini tablet PCs, with volume production slated for June 2011.  The tablet will be powered by a Qualcomm MSM8660 1.5GHz processor and runs on Android 3.0.1, according to sources in the supply chain.
Todd Brix / Windows Phone Developer Blog:
Windows Phone Marketplace on the Web for Mango  —  Yesterday at events all around the world, Microsoft unveiled the key features of the next version of Windows Phone, code named Mango.  The demonstrations focused on Mango's ability to make it easier to connect and share with friends and family …
William Devereux / Anythingbutiphone:
Zune on Windows Phone Mango
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What consumers have to say about Bitcoin, P2P, social spending and more  —  We asked 7000 digital consumers how they expect to pay for digital goods & services in the future.  The results are in.
Upload Web Receipts for scanning with the new Google Chrome add-on  —  Remember the days of keeping receipts in a shoebox?  Sure, you had them all in one place, but they weren't organized, they weren't sorted …
CareerArc: How Square's Debut Draws Concerns Over IPO “Ratchets” & Impact on Tech Talent  —  Square's IPO points a spotlight on “IPO Ratchets”—now a common demand among tech investors.  But how might ratchets affect employees?
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 More Items: 
Dean Takahashi / VentureBeat:
Kaboom! Kabam raises $85M for hardcore social gaming business
LinkedIn eyes business opportunities in China
Teri Evans /
Lessons Learned: How Tumblr Recovered from a Business Crisis
Jason Kincaid / TechCrunch:
Absolute Must Watch: Office Hours With Paul Graham At TC Disrupt
Discussion: Betabeat
Derrick Harris / GigaOm:
Citrix Commercializes OpenStack & Takes on VMware
 Earlier Items: 
Peter Murray / Singularity Hub:
Robots, Not Humans, Retrieve Your Books at $81 Million “Library of the Future” (video)
Discussion: CNET News
Ayala Tsoref / Haaretz:
Israel preparing itself for Twitter war over Palestinian state
Greg Sandoval / CNET News:
Former Blockbuster CEO tells his side of Netflix story