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5:45 PM ET, June 29, 2011

Techmeme

 Top Items: 
Kara Swisher / AllThingsD:
Exclusive: Myspace to Be Sold to Specific Media for $35 Million  —  Closing another chapter on one of the Internet's most iconic properties, Myspace has been sold to to Specific Media, an advertising network, for $35 million.  —  Sources close to the situation said the deal is being completed today …
RELATED:
Alexia Tsotsis / TechCrunch:
MySpace Acquired: Email From CEO Mike Jones To Employees  —  Myspace CEO Mike Jones just sent out this email and press release to all of the company's employees.  Kara Swisher is reporting that the sale was for $35 million.  —  Updating.
EON: Enhanced Online News:
Specific Media Acquires Myspace  —  Vanderhook brothers and Justin Timberlake partner to transform the social media icon  —  IRVINE, Calif.—(EON: Enhanced Online News)—Specific Media, a digital media company, today announced its acquisition of Myspace, a leading social networking destination for consumers, celebrities and artists.
Lee Brenner / hypervocal:
Was MySpace Downfall Inevitable? Plenty of Blame to Go Around
Discussion: Search Engine Watch
Gina Trapani / Smarterware:
What Google+ Learned from Buzz and Wave  —  After a half day of using Google+ with the limited number of people I know in the field test so far, I like it a lot.  I will love Google+ when and if all my friends show up and stick around.  —  I've been been watching Google flail around social web apps …
RELATED:
MG Siegler / TechCrunch:
While We Await The Native App, The Google+ iPhone Mobile Web App Is Pretty Solid
Discussion: App Advice, 9 to 5 Mac and iPodNN
Andrew Nusca / Between the Lines Blog:
Beware the buzz about Google+
Discussion: PC World, BBC, TechCrunch and Webscopia
Florian Mueller / FOSS Patents:
Samsung files ITC complaint against Apple:long-time partners heading for ugly divorce?  —  The ITC website shows that yesterday Samsung filed complaint no. 337-2824 concerning the following types of products: Mobile Electronic Devices, Including Wireless Communication Devices …
RELATED:
Todd Haselton / BGR:   Samsung asks ITC to block import of Apple iPhone, iPad, and iPod touch
Bloomberg:
HP Is In Talks to License WebOS Software  —  Hewlett-Packard Co. (HPQ), the world's largest maker of personal computers, is in talks to license its webOS mobile software, Chief Executive Officer Leo Apotheker said in an interview.  —  “We are talking to a number of companies,” …
Rob Beschizza / Boing Boing:
Amazon: associates program in California to be terminated  —  Amazon announced today that its Associates program is to be terminated in California, in response to a new sales tax bill there.  The move appears to be pre-emptive hardball to try and avert the bill being signed into law.
Discussion: GeekWire, TechCrunch and @scobleizer
Abdur Chowdhury / Twitter Blog:
Global pulse  —  During major events, people use Twitter to share news and thoughts with friends, family and followers around the world.  Messages originating in one place are quickly spread across the globe through Retweets, @replies and Direct Messages.  We see this behavior during everything …
Discussion: The Next Web
Neil Hughes / AppleInsider:
Supply of Apple's white MacBook severely constrained ahead of Lion debut  —  Availability of Apple's current $999 white MacBook, built with hardware that is now getting long in the tooth, has become constrained, potentially signaling a forthcoming update to the entry-level notebook.
RELATED:
Nick Bilton / Bits:
More Secrecy in Silicon Valley  —  Last week I took a trip to Silicon Valley, zigzagging around to meet with start-ups, venture capitalists and the big technology companies that inhabit the area.  My goal with these meetings was to get a glimpse of new themes and services consumers can expect to see soon.
Ben Horowitz / ben's blog:
Why the Browser Matters … Before my partner Marc Andreessen and his friends at the University of Illinois invented the browser in 1993, most people thought only scientists and researchers would use the Internet.  The Internet was thought to be too arcane, insecure and slow to meet real business needs.
Discussion: Inside Facebook and GMSV
RELATED:
Mark Gurman / 9 to 5 Mac:
Apple officially responds to Final Cut Pro X complaints with new FAQ website, next ‘major release’ coming with fixes  —  By now, most people that are interested in Apple and/or video editing have heard about the ongoing criticism towards Apple's latest professional movie making software …
RELATED:
Jacqui Cheng / Ars Technica:
Final Cut Pro X FAQ eases fears of some, confirms those of others
Discussion: Engadget and Gizmodo
Todd Bishop / GeekWire:
AmazonFresh app debuts on Microsoft's Windows Phone  —  AmazonFresh, the online retailer's grocery delivery service, released a mobile app today, developed on its behalf by digital agency Metia/Seattle.  Nope, it's not for Android, or even iPhone, neither of which has a full-fledged AmazonFresh app yet.
Dan Frommer / The Business Insider:
Square Raises $100 Million Round At $1+ Billion Valuation, Led By Kleiner Perkins  —  Square, the mobile payments company led by Twitter founder Jack Dorsey, is raising $100 million in new financing, led by big-time VC firm Kleiner Perkins, the WSJ reports.  —  The round values Square …
John Biggs / Gadgetwise:
A Cheaper Way to Navigate Abroad, No Costly Data-Roaming Required  —  A few years ago I took a trip to Europe and brought along my new iPhone for a bit of sightseeing.  With international roaming charges so high I reduced my e-mail and Web browsing to a mere trickle, thinking I'd save a bit of money.
David / Signal vs. Noise:
Wizards of bulls**t: How Forbes turned $6.5 million into $20 billion  —  Forbes is reporting that Facebook's Zuckerberg is now richer than the Google's Sergey and Larry.  How did that happen?  By using the most naive form of financial extrapolation and calling it fact.
Brian Oliver Bennett / LAPTOP Magazine:
Hands On with HTC Status for AT&T: Facebook Button for Easy Updates  —  HTC just announced its new Status smartphone for AT&T which boasts a special Facebook button.  It's designed to make sharing content via the popular social network quick and easy.  We got a chance to preview the device and here are our first impressions.
Zach Epstein / BGR:
Apple iPhone 3GS to be free on contract following iPhone 5 launch, analyst says  —  Apple is set to finally hit the $0 on-contract mark with its entry-level iPhone 3GS once it launches the next-generation iPhone 5 later this year.  In a note to investors on Wednesday, RBC Capital Markets …
Alexis Madrigal / The Atlantic Online:
Biz Stone Isn't So Sure About Twitter's Cozy Relationship With the State Department  —  ASPEN — Twitter has played a celebrated role in the uprisings across the Middle East and North Africa this year that have come to be known as “the Arab spring.”  The social network has been one of activists …
Gavin Clarke / The Register:
Microsoft hires Disney man for consumer crusade  —  Corporate mission: to be less stodgy  —  Microsoft has raided the Walt Disney Corporation to fill a position tasked with flogging Windows 8 to consumers buying PCs and tablets next year.  —  The company appointed former Disney director …
Discussion: Neowin.net and WinRumors
Nicholas Carlson / SAI:
LivingSocial Is Talking To Bankers About Going Public At A $15 Billion Valuation  —  LivingSocial is talking to bankers about going public at a $10 billion to $15 billion valuation, CNBC reports.  LivingSocial started its life as a Facebook app, but it eventually evolved into the very most successful Groupon clone.
Leena Rao / TechCrunch:
Accel Puts $34 Million In Online Payments Platform Braintree  —  It's no secret that Accel is making major investments in the online payments space, funding both Wonga and e-payments company Yapstone.  And today the venture firm is announcing a $34 million Series A investment in Chicago-based online payments company Braintree.
 
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 More Items: 
Kim-Mai Cutler / Inside Mobile Apps:
South Korea's Gamevil Launches $10 Million Fund to Find Game Developer Partners
Discussion: VentureBeat
Cliff Edwards / Bloomberg:
Sony Cooperating With U.S. Antitrust Probe of Battery Business
Discussion: Engadget, CNET News, Inquirer and TechEye
Leena Rao / TechCrunch:
Zynga To Provide Customized Mobile Games And Content To AT&T Customers
Discussion: mocoNews and Electronista
Stephen Shankland / CNET News:
Watchdog: Facebook Credits violate antitrust law
Discussion: All Facebook and SocialTimes.com
Arik Hesseldahl / AllThingsD:
Oracle Wants $2.6 Billion From Google in Patent Case
 Earlier Items: 
Douglas MacMillan / Bloomberg:
Groupon Cedes Share of Daily Deals to LivingSocial, Yipit Says
Discussion: VentureBeat and Digits
Hipmunk Blog:
New: Find Flights that Have Wi-Fi!
Discussion: IntoMobile, SocialTimes.com and GigaOM
Scott Austin / Venture Capital Dispatch:
HomeAway IPO Prices At $27/Share; Valued At $2.2B
 

 
From Mediagazer:

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

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

 
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