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7:50 PM ET, June 12, 2011

Techmeme

 Top Items: 
Arnold Kim / MacRumors:
Mac OS X Lion Can Run in Chrome OS-Like Browser Only Mode  —  While all the focus has been the many new features found in iOS 5 Beta, Apple also released a new developer beta of Mac OS X Lion last week.  —  Many of Mac OS X Lion's features have been known for months, but Apple has snuck …
Eric Eldon / Inside Facebook:
Facebook Sees Big Traffic Drops in US and Canada as It Nears 700 Million Users Worldwide  —  Facebook is still growing towards 700 million users, having reached 687 million monthly actives by the start of June, according to our Inside Facebook Gold data service.
Discussion: @greental and Bloggers Blog
Caroline Graham / Daily Mail:
This is not the way I'd imagined Bill Gates... A rare and remarkable interview with the world's second richest man  —  Rocking gently in his chair, he begins to sing: ‘I wanna be a billionaire so freakin’ bad.  Buy all the things I never had.  I wanna be on the cover of Forbes magazine.
New York Times:
U.S. Underwrites Internet Detour Around Censors  —  The Obama administration is leading a global effort to deploy “shadow” Internet and mobile phone systems that dissidents can use to undermine repressive governments that seek to silence them by censoring or shutting down telecommunications networks.
Discussion: Examiner, @shervin, Reuters, Engadget, Smart Mobs and Gizmodo, Thanks:cltom
Electronista:
US rumored getting unlocked iPhone 4 Wednesday  —  Yet more rumors about Apple's mystery Wednesday update have suggested the US might finally get the option of unlocked iPhones.  A claim Sunday afternoon has the unlocked iPhone 4 appearing at Apple stores in both capacities and colors.
Julia Prodis Sulek / Mercury News:
Steve Jobs' first dream for an Apple headquarters: Coyote Valley, San Jose  —  Cupertino was not Steve Jobs' first choice for a state-of-the-art Apple headquarters.  —  He had another vision three decades ago, when the computer genius was young and healthy, on the cover of Time magazine and on the verge of introducing the Macintosh.
Pascal-Emmanuel Gobry / SAI:
For Google, iCloud Is Annoying; For Microsoft, It's A Humiliation  —  When it became obvious Apple would come out with a cloud computing offering, it would be interesting to see how they would do things differently from Google, the most prominent consumer cloud computing company.
Discussion: Monday Note
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.
Economist:
The test of time  —  Which of today's technology giants might still be standing tall a century after their founding?  —  from the print edition  —  IT IS not, by any means, the world's oldest company.  There are Japanese hotels dating back to the 8th century, German breweries that hail …
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
Arnold Kim / MacRumors:
Back to School Promotion to Finally Launch on Wednesday?  —  For the third time in the past four weeks, we're hearing rumors of the imminent launch Apple's Back to School promotion.  The first claim expected the promo to kick off the last week of May as it had in previous years.
Peter Apps / Reuters:
For China activists, hacking attacks a fact of life  —  (Reuters) - Even working on her laptop in Amnesty International's London headquarters or talking on her mobile phone going around the city, Corinna-Barbara Francis suspects Chinese authorities are listening in.
April Dembosky / Slate:
Invasion of the Body Hackers  —  Are “biology-enhancing” gadgets the next big thing?  — Michael Galpert rolls over in bed in his New York apartment, the alarm clock still chiming.  The 28-year-old internet entrepreneur slips off the headband that's been recording his brainwaves all night …
Discussion: Gizmodo
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
Discussion: Examiner and Capitol Watch
 
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 More Items: 
Tom Krazit / mocoNews:
Don't Lose That Number: Why Mobile Communications Is Still About Digits
Kaj Larsen / CNN:
How WikiLeaks has changed today's media
Dylan Tweney / VentureBeat:
Why do Republicans tweet so much more than Democrats?
Mark Gurman / 9 to 5 Mac:
Nuance speech-to-text references baked into iOS 5 internal settings
 Earlier Items: 
Philip Elmer-DeWitt / Fortune:
Apple's 5.7% drop last week was par for the course
Florian Mueller / FOSS Patents:
Lodsys sues another ten companies including Adidas, Best Buy, Best Western and Black & Decker
Nate Anderson / Ars Technica:
1Gbps fiber for $70—in America? Yup.
Discussion: TechSpot and StartupLocker