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11:50 AM ET, June 20, 2011

Techmeme

 Top Items: 
Om Malik / GigaOM:
Revealed: Facebook's music plans involve Spotify, others  —  For the past few months, I have been hearing about Facebook and Spotify getting a lot closer as companies, with a much tighter integration between the two services.  However, Facebook's musical ambitions go beyond Spotify and include other music services and applications.
RELATED:
Pascal-Emmanuel Gobry / SAI:
Inside Facebook's Next Billion Dollar Business  —  Facebook's road to becoming a $100 billion company is to infect every sector of the internet with its social graph, letting other companies build and expand their business on top of it and taking a toll in exchange for that.
Discussion: Screenwerk
Darren Murph / Engadget:
Huawei MediaPad revealed: world's first 7-inch Android 3.2 tablet, dual-core 1.2GHz Qualcomm CPU  —  It's here folks — the planet's first Android 3.2 tablet.  Huawei just introduced a downright luscious new slate over in Singapore, with CommunicAsia being the launchpad for the 7-inch MediaPad.
CircleID:
New Top-Level Domains Approved by ICANN  —  The Board of ICANN today gave final approval to the most dramatic change to the Internet in four decades — allowing the expansion of new Top-Level Domains (TLDs).  This monumental decision will allow companies and organizations to turn their own brands …
RELATED:
Stephen Shankland / CNET News.com:
New Net addresses mean new trademark issues
Joseph Galante / Bloomberg:
Skype Fires Executives, Avoiding Payouts After Microsoft Buyout  —  Skype Technologies SA, the Internet- calling service being bought by Microsoft Corp., is firing senior executives before the deal closes, a move that reduces the value of their payout, according to three people familiar with the matter.
Pastebin:
New security issue at Dropbox  —  I don't have much more in the way of useful details (e.g. screen video showing it in action), though I do have one other guy who performed the same tests b/c I wanted to rule out that my local-to-my-machine dropbox software was doing it somehow or that I was nuts.
Discussion: @csoghoian
Claire Cain Miller / New York Times:
Investors Provide Millions to Risky Start-Ups  —  PALO ALTO, Calif. — What if you threw a $41 million party and nobody came?  A start-up company called Color knows how that feels.  —  In March, Color unveiled its photo-sharing cellphone application — and revealed that it had raised $41 million …
Miguel Bustillo / Wall Street Journal:
Best Buy Battles Over Use of ‘Geek’  —  Retailer Fights to Protect Squad's Trademark; Putting Rivals—and a Priest—on Notice  —  Just a few decades ago, a geek was a carnival freak who bit the heads off of chickens and rats.  —  Then geek became a catchall word for socially maladjusted individuals …
Discussion: ITProPortal, Neowin.net and Slashdot
Miguel Helft / New York Times:
Tech Firms' Workers Sell Shares, Fearing a Bubble Will Burst  —  SAN FRANCISCO — While Silicon Valley and Wall Street debate whether a new technology bubble is in the making, some early Facebook employees are not taking any chances.  They're leaving the company to cash out on millions …
Discussion: All Facebook and Betabeat
Robin Wauters / TechCrunch:
Adobe Software Updates To Help Devs Build iOS, PlayBook And Android Apps  —  Adobe is today pushing updates to its application development software product Flash Builder and the open source Flex framework to enable developers to build apps for iPhone, iPad and BlackBerry PlayBook …
Nelson D. Schwartz / New York Times:
Small Group Rode LinkedIn to Big Payday  —  For Reid Hoffman, the chairman of LinkedIn, it took less than 30 minutes to earn himself an extra $200 million.  —  With the hours ticking down to his company's stock market debut, Mr. Hoffman dialed into a conference call from San Francisco's Ritz-Carlton hotel …
Discussion: Betabeat
Peter Kafka / AllThingsD:
Hulu Plays Along With Apple's New Rules.  Who's Next?  —  Apple's new subscription rules could have posed a problem for services like Hulu.  But when Steve Jobs changed his mind earlier this month, life got a lot easier.  —  Here's the old version of the Hulu Plus subscription app for the iPad:
Dave Zatz / Zatz Not Funny!:
TiVo iPhone & Android Apps Coming “Soon”  —  While TiVo has alluded to additional companion mobile apps, via Twitter and other venues, the June issue of CEPro provides concrete details via a full page advertisement targeting custom installers: … It'll be interesting to see what sort …
Michael J. de la Merced / DealBook:
Abracadabra!  Magic Trumps Math at Web Start-Ups  —  Over a decade ago, Internet companies promoted new ways to measure their business performance, introducing concepts like “eyeballs” and “mindshare” to investors.  —  Now the latest wave of Internet start-ups are adding their own particular yardsticks to the valuation vocabulary.
Verne G. Kopytoff / New York Times:
Japanese ‘K’ Computer Is Ranked Most Powerful  —  SAN FRANCISCO — In the rankings of the world's most powerful supercomputers, a Japanese machine has earned the top spot with a performance that essentially laps the competition.  —  The computer, known as “K Computer,” …
Rick Osterloh / The Big Blog:
Skype Gets More Social with Deeper Facebook Integration  —  We are excited to announce the new Skype 5.5 Beta version for Windows, which enhances the user experience and features new updates to Skype based on user feedback.  Skype is also continuing to bring people together whenever …
Timothy B. Lee / Ars Technica:
Bitcoin prices plummet on hacked exchange  —  The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes.  Trading was quickly suspended and visitors to the home page …
RELATED:
Economist:   Bits and bob  —  Bitcoin has got geeks excited.  What about economists?
Ross Dawson / Trends in the Living Networks:
Why Turntable.fm's Lame/Awesome button is awesome  —  Turntable.fm has certainly created a sensation - over the last couple of weeks it has been one of the hottest topics on the web.  —  Deservedly.  It really changes the game in making music truly social.  And the concept, the strategy, and the execution are superb.
Philip Elmer-DeWitt / Fortune:
The 3 most undervalued tech stocks: Google, Apple, IBM  —  By the same “PEG” measure, the 3 most overvalued are Amazon, Cisco and Netflix  —  Click to enlarge.  Date: NASDAQ.  Chart: PED  —  Here's a simple exercise suggested by one of my readers.  —  Take a stock you're interested …
 
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 Techmeme Sponsor Posts: 
Microsoft:
Halo: The Master Chief Collection' goes gold: Available for pre-download later Friday  —  Dan Ayoub, studio head of Halo External Development at 343 Industries, shares his thoughts about the major milestone.
Amazon Web Services:
Amazon Mobile Analytics- 100M Free Events per Month!  —  Designed to deliver usage reports within 60 min of receiving data from an app.  Built to scale - collect and process billions of events per day from millions of users.
Rackspace:
Another Patent Troll Slain.  You Are Now Free To Rotate Your Smartphone.  —  Rotatable Technologies is now an ex-patent troll.  I say “ex-troll” because its patent, US Pat.  No. 6,326,978, has been declared unpatentable …
Zoho:
Announcing the New and Improved Zoho Docs for Android  —  From charting out flight plans to building a whole new website, everything is now available at your fingertips.  Businesses, small or big …
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 More Items: 
Vlad Savov / Engadget:
DARPA setting up a $130 million ‘virtual firing range’ to help battle cyber attacks
Discussion: CNET News.com
Erick Schonfeld / TechCrunch:
Yup, YouTube Counts Video Ads As Regular Views
Hyunjoo Jin / Reuters:
Softbank CEO sees Alipay agreement with Alibaba “soon”
Discussion: Reuters
Claire Cain Miller / New York Times:
Bargains on Flash Sale Sites Serve a Long-Range View
Dave Mosher / Scientific American:
High Wired: Does Addictive Internet Use Restructure the Brain?
Discussion: PLoS ONE and IdeaFeed
Paul Sawers / The Next Web:
Google teams up with The British Library to bring vast collection online
Josh Constine / Inside Facebook:
Facebook Users Want Professional Networking: BranchOut Nears a Million New Users Within a Week
 Earlier Items: 
Ben Gilbert / Mumblings and other nonsense:
My experience (or lack thereof) with “The AOL Way”
 

 
From Mediagazer:

Christine Haughney / New York Times:
For Aaron Kushner, a Difficult Foray Into Newspapers

AdAge:
Simon Dumenco Named Ad Age Editorial Director

John McDuling / Quartz:
The depressing truth behind the internet TV revolution

 
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