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5:15 PM ET, June 2, 2011

Techmeme

 Top Items: 
Nicholas Carlson / The Business Insider:
Groupon Files For $750 Million IPO  —  Groupon just filed an S-1 with the SEC in order to raise $750 million in an IPO.  In the filing Andrew Mason wrote the following letter to potential investors: Dear Potential Stockholders, On the day of this writing, Groupon's over 7,000 employees offered …
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Peter Kafka / AllThingsD:
Where Did Groupon's Billion Dollars Go?  —  In January, Groupon raised $950 million dollars.  By the end of March, they had $209 million in cash.  —  What happened to all that money?  —  The company's IPO filing spells that out: Almost all of it went right back out the door, to employees and early investors.
John Cook / GeekWire:
Groupon files for $750 million IPO despite $522 million deficit  —  IPO fever continues to spread through the ranks of technology companies.  The latest to catch the bug is Groupon, which today announced that it plans to raise up to $750 million through an initial public offering.
Discussion: Tech Trader Daily and FT Tech Hub
Shira Ovide / Deal Journal:
Groupon IPO: Shades of Google's 'Don't Be Evil' Manifesto … The letter is reminiscent of Google's IPO filing back in 2004, which featured an “owner's manual” for Google shareholders, penned by Google founders Larry Page and Sergey Brin.  It has become known as the “Don't Be Evil” manifesto:
Discussion: SocialTimes.com
Brad Stone / @bradstone:   Here's the Groupon S1: http://1.usa.gov/lE03ar. Lost $420 million last year, $117 million in the first quarter of '11.
Tricia Duryee / AllThingsD:
Groupon CEO Andrew Mason on Google, Clones and Hubris-But Not on an IPO
Discussion: BGR, gigaom.com, @brandee and WebProNews
Daniel Eran Dilger / AppleInsider:
WWDC 2011 banners at Moscone Center show new iCloud icon  —  Apple is working to prepare San Francisco's Moscone Center West for the company's 2011 Worldwide Developer Conference to be held next week.  —  This morning, workers were putting the finishing touches on the giant white Apple logos …
Greg Sandoval / CNET News:
Apple signs Universal Music to iCloud  —  Apple has cut a licensing deal with Universal Music Group that will enable Apple's online music store to offer songs from the largest of the four top record companies, sources with knowledge of the talks told CNET.  —  The agreement means Apple …
Jonathan Stempel / Reuters:
Facebook, Zuckerberg say ownership contract forged  —  (Reuters) - Facebook Inc founder Mark Zuckerberg on Thursday said an alleged contract and emails that a New York man says entitle him to a huge stake in the social networking website are “forgeries.”  —  In a filing in the U.S. District Court …
Discussion: Betabeat, Inquirer, Neowin.net, Gawker and @jason
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Sean Hollister / Engadget:
Microsoft reveals ARM-powered Windows 8 prototypes (eyes-on)  —  Remember how Microsoft unveiled that whole “Windows 8” thing earlier today?  It's back for more: Here at Computex 2011 in Taipei, prototype ARM-based Windows 8 slates and smartbooks are coming out of the woodwork.
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Julie Larson-Green / Microsoft:
Previewing ‘Windows 8’  —  REDMOND, Wash. - June 1, 2011 …
Jay Yarow / SAI: Silicon Alley Insider:
Apple Execs Are Absolutely Giddy Right Now Says Goldman Sachs  —  Goldman Sachs analyst Bill Shope has a report out on Apple this morning that is very bullish.  —  He met with COO Tim Cook, retail SVP Ron Johnson, and CFO Peter Oppenheimer.  —  Shope says, “the company appeared …
Arik Hesseldahl / AllThingsD:
Adobe CEO: The Flash Argument With Apple Is Over  —  Adobe CEO Shantanu Narayen says the argument with Apple over supporting its Flash software on the iPad and iPhone devices is over.  “It's an argument that the press likes to continue bringing up,” he said in an on stage conversation with Wall Mossberg at the All Things D conference.
Seth Weintraub / 9 to 5 Mac:
More on Apple's Airport/Time Capsule and a possible refresh  —  We've been tracking Time Capsule/Airport shortages reported earlier for about a week.  Our sources noted that Airport Express has been plentiful but supplies of TimeCapsule and Airport Extreme have been tightening globally the way products usually do before a refresh.
Matt Brian / The Next Web:
Amazon enters the daily deals space with AmazonLocal  —  Online retail giant Amazon has become the latest company to move into the daily deals space with the launch of AmazonLocal, an online marketplace that will allow its customers to buy vouchers or deals that can be redeemed against goods …
Peter Burrows / Business Week:
Stephen Elop's Nokia Adventure  —  Market share dwindling, stock cratering, persistent takeover talk.  How the CEO is trying to lead Nokia past its epic fail  —  On a slushy morning in early March, Stephen Elop, a Canadian executive who built his résumé at U.S. technology companies …
Joanna Stern / This is my next:
Samsung Galaxy Tab 10.1 goes on sale next week in New York City with Honeycomb 3.1 (update: pre-orders for Verizon LTE models start same day)  —  Admit it, you've been a tad jealous of those who received a special edition Galaxy Tab 10.1 at Google I/O last month, even if they are running now outdated Honeycomb 3.0.
RELATED:
Reuters:
U.S. probes Google's serious China hacking allegation  —  (Reuters) - Google Inc's allegations that hackers, probably from China, sought to access the Gmail accounts of senior U.S. officials are very serious and the U.S. government is investigating them, Secretary of State Hillary Clinton said on Thursday.
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Jacques Hebert / YouTube Blog:
YouTube and Creative Commons: raising the bar on user creativity  —  Have you ever been in the process of creating a video and just needed that one perfect clip to make it pop?  Maybe you were creating your own music video and needed an aerial video of Los Angeles at night to spice it up.
Sheldon Levine / Sysomos Blog:
How People Currently Share Pictures On Twitter  —  Yesterday Twitter revealed that they will be rolling out their very own way to share photos on the microblogging network.  Twitter will now give users a way to upload their pictures straight to Twitter without having to use a third-party service.
Liz Gannes / AllThingsD:
“Grandpa” Andreessen Says We Live in Dang Exciting Times  —  Marc Andreessen has been a venture capitalist for two years, and just scored his first big win: Selling Skype to Microsoft for $8.5 billion.  His firm's aggressive investment strategy, in both early and late-stage companies, has put Sand Hill Road on notice.
RELATED:
Michael Arrington / TechCrunch:
Let's Not Get Too Cocky About The Blubble
Discussion: L.A. Times Tech Blog
Leena Rao / TechCrunch:
Pandora Prices IPO At $7 To $9 Per Share At Valuation Over $1B, Raising $141.6M  —  Music streaming service Pandora has just filed a new version of its S-1 that indicates the company will be pricing its stock at $7 to $9 per share.  Pandora's stock will be traded on The New York Stock Exchange under the symbol “P.”
Rob Beschizza / Boing Boing:
Sony hacked again: 1m compromised, claims Lulzsec  —  Already infamous for defacing PBS's website earlier this week, cracking outfit Lulzsec today claimed the scalp—whatever remains of it—of Sony.  This time, it's Sony Pictures Entertainment, the movie-making division.  From a statement attributed to the group:
 
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 More Items: 
Larry Dignan / Between the Lines Blog:
Intuit's QuickBooks Payroll suffers outage, users miffed
Discussion: Intuit Community
Jean-Jacques Sahel / The Big Blog:
As the G8 talks Net, the Netherlands decides to protect Net Neutrality in law
Jack Purcher / Patently Apple:
Apple working on a Sophisticated Infrared System for iOS Cameras
Discussion: 9 to 5 Mac, TheiLoop and Gizmodo
Mathew Ingram / GigaOM:
Governments Are Still Trying to Kill, Replace or Undo the Internet
Discussion: portal.unesco.org
Matthew Rogers / Lifehacker:
FaceNiff Is the Firesheep for Android, Hijacks Facebook Sessions with One Tap
 Earlier Items: 
Edecio Martinez / CBS News:
PSN fully restored in US, Europe after hacker attack
Juan Carlos Perez / Computerworld:
.CO domain tops 1M registrations, draws Amazon, Twitter
Discussion: VatorNews
John Paczkowski / AllThingsD:
Foxconn's iPad Plant Reopens
Kevin May / Tnooz:
Airbnb admits rogue sales team used Craigslist for stealthy property drive
Discussion: TechCrunch and SAI
Arnold Kim / MacRumors:
Apple Takes Control of iCloud.com
Discussion: GigaOM
 

 
From Mediagazer:

Paul Sonne / Wall Street Journal:
Russian State Media Portray Hong Kong Protests as U.S. Plot

Pamela McClintock / Hollywood Reporter:
Regal, Cinemark Slam Imax, Weinstein Co. for ‘Crouching Tiger 2’ Netflix Deal

Amy Schatz / Re/code:
Internet Companies Take Aim at Wireless Net Neutrality As Debate Rages On

 
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