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7:55 PM ET, June 11, 2011

Techmeme

 Top Items: 
New York Times:
I.M.F. Reports Cyberattack Led to ‘Very Major Breach’  —  WASHINGTON — The International Monetary Fund, still struggling to find a new leader after the arrest of its managing director last month in New York, was hit recently by what computer experts describe as a large and sophisticated cyberattack whose dimensions are still unknown.
RELATED:
Bloomberg:
IMF Computer System Infiltrated by Hackers Said to Work for Foreign State  —  The International Monetary Fund's computer system was attacked by hackers believed to be connected to a foreign government, resulting in the loss of e-mails and other documents, according to a person familiar with the incident.
Jeanine Poggi / TheStreet.com:
Amazon Sales Tax: The Battle, State by State  —  NEW YORK (TheStreet) — Amazon(AMZN) is in the midst of a heated battle with states over whether it should be required to collect sales taxes.  —  While this has been an ongoing debate, the dispute recently escalated as states look to recover deficits coming out of the recession.
RELATED:
Dan Haar / Hartford Courant:
Amazon Cancels Connecticut Website Sales Agreements, Citing New State Tax  —  Amazon.com sent notices Friday to the owners of Connecticut websites saying the online retailer was ending cooperative sales agreements, effective immediately, because the newly enacted state budget would require the online retailer to collect sales taxes.
Philip Elmer-DeWitt / Fortune:
Apple's 5.7% drop last week was par for the course  —  Average post WWDC loss: 5.4%.  Average gain from the previous year: 56.8%  —  There was the usual gnashing of teeth on the Apple (AAPL) investor boards when the company's share price dropped $6.18 ($1.8%) Monday, the day of Steve Jobs' iCloud keynote.
Robert X. Cringely / I, Cringely:
When Engineers Lie  —  Twenty years ago, when I was writing Accidental Empires, my book about the PC industry, I included near the beginning a little rant about how good engineers were incapable of lying, because their work relied on Terminal A being positive and not negative and if they lied …
RELATED:
Elinor Mills / CNET News:
Attacks on Sony, others show it's open hacking season
Discussion: Pulse2
MG Siegler / TechCrunch:
The +1 Button Is Like A Button You Push For A Treat — Without The Treat  —  You people confuse me.  —  Ten days ago we put Google's +1 Button on TechCrunch — because why not?  We try basically all these new buttons/counters/commenting systems much to the dismay of our precious page load speed …
Nate Anderson / Ars Technica:
1Gbps fiber for $70—in America?  Yup.  —  American ISPs have convinced us that Internet access is expensive—getting speeds of 100Mbps will set most people back by more than $100 a month, assuming the service is even available.  Where I live in Chicago, Comcast's 105Mbps service goes for a whopping $199.95 …
Florian Mueller / FOSS Patents:
Lodsys sues another ten companies including Adidas, Best Buy, Best Western and Black & Decker  —  After suing ten large companies (including HP, Samsung and Motorola Mobility) in February and seven little app developers at the end of May, Lodsys filed a new complaint yesterday — as usual …
Jacques Hebert / YouTube Blog:
‘As Seen On’ YouTube pages: celebrating content curators  —  Every day, you embed YouTube videos on blogs and sites across the web, often adding their own commentary and perspective.  This sharing of videos helps to show the variety of great content on YouTube, and often adds context to what you're watching.
Uwe Seiler / @uweseiler:
Great idea and finally a service that helps you really save time :-) http://hassonybeenhackedthisweek.com/ #sony #hack #fail
Discussion: @mikkohypponen and @epkproducer
Jason Mick / DailyTech:
Digital Black Friday: First Bitcoin “Depression” Hits  —  Currency experiences massive inflation in a single day, markets stay open  —  The day was October 28, 1929 and the sky was falling.  That Monday the DOW Jones Industrial Average (DJIA) fell 12.82 percent.
 
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 More Items: 
Xeni Jardin / Boing Boing:
“Wikiwars,” CNN documentary on Wikileaks, debuts
Mike Masnick / Techdirt:
ICE Declares ‘Mission Accomplished’ On Domain Seizures
Mark Milian / CNN:
How Steve Jobs' Pixar experience helped lead to Apple's iCloud
Spencer Ackerman / Danger Room:
NATO's Newest Bombing Tool: Twitter
Discussion: Agence France Presse
Ben Popper / Betabeat:
Google App Store Now Offering Way to Cheat WSJ Paywall
Discussion: Examiner, AddictiveTips and SAI, Thanks:benpopper
 Earlier Items: 
Claire Cain Miller / New York Times:
Computer Studies Made Cool, on Film and Now on Campus
Ina Fried / AllThingsD:
Apple Recalls “Extremely Small” Number of Verizon iPads Over Duplicate ID Numbers
Gregory Ferenstein / Fast Company:
KinectShop: The Next Generation Of Shopping [Exclusive Video]
Discussion: StartupLocker
 

 
From Mediagazer:

The Information:
Sources: ByteDance is exploring scenarios for selling a majority stake in TikTok US, preferably to non-tech companies, and without the recommendation algorithm

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

 
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