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7:45 PM ET, July 18, 2011

Techmeme

 Top Items: 
Jonathan S. Geller / BGR:
Apple to launch low-priced iPhone for $350, iPhone 4S/5 end of summer  —  We know these next-generation iPhone rumors have been out of control (aren't they every year right before a new iPhone is slated to be released?), but we just received some new information from an incredibly solid source of ours.
RELATED:
Sascha Segan / PC Magazine:
Stop the iPhone 5 Rumor Insanity
Discussion: Digital Trends and I4U News
Kim Yoo-chul / The Korea Times:
Apple, Samsung, LG work on new LCD  —  Samsung Electronics and LG Display, the world's two largest makers of liquid crystal displays (LCDs), are close to securing big orders from Apple, industry sources said.  —  Apple is looking to order advanced screens for the next version of its immensely popular tablet computers.
RELATED:
Christian Zibreg / 9to5Mac:
Apple quality-testing 2048-by-1536 iPad 3 displays from Samsung and LG
Discussion: BGR, Appolicious Advisor and Geek.com
Arnold Kim / MacRumors:
Apple Retail Stores Receive Golden Master Copies of OS X Lion  —  Apple appears to be setting up the final pieces for OS X Lion's launch this week.  A previous report even pinpointed the release as early as Wednesday morning.  —  We've now been able to confirm that Apple Retail stores …
Alexia Tsotsis / TechCrunch:
Google Buys G.Co To Create An Official URL Shortcut For Google Products  —  Google joins Internet biggies Twitter (T.Co) , Overstock (O.co) and Amazon (A.Co, Z.Co and K.Co) today in taking over the G.Co domain name, buying the TLD in order to build the official URL shortcut for Google products like GMail, Documents and Photos.
Laura Hazard Owen / paidContent:
Bye Bye, Borders: Chain Shuttering All Remaining Stores  —  Borders is closing its 399 remaining stores.  11,000 employees are being laid off.  —  Yesterday's deadline for new bids on Borders came and went, with Phoenix-based venture capital firm Najafi “reluctantly” declining to submit …
Amazon.com:
Students Can Now Save Up To 80% with Kindle Textbook Rental  —  Low rental prices and flexible rental periods of any length between 30 and 360 days  —  Margin notes and highlighted passages are stored in the Amazon Cloud for viewing anytime, anywhere - even after a rental expires
RELATED:
Jeffrey Meisner / TechNet Blogs:
Microsoft Offers Reward for Information on Rustock  —  Last month, I shared with you that the Rustock botnet has remained inactive since Microsoft and its partners took it offline on March 16th.  —  Today, we take our pursuit a step further.  After publishing notices in two Russian newspapers …
Alexia Tsotsis / TechCrunch:
LulzSec Hacks Murdoch-Owned ‘The Sun,’ Redirects Homepage To @LulzSec Twitter Account  —  Looks like hacker group LulzSec is back in action, this time redirecting the homepage of the Murdoch-owned The Sun (http://www.thesun.co.uk/sol/ homepage/) to a fake story about Murdoch's death …
Tiernan Ray / Tech Trader Daily:
Cisco To Cut 6,500 Employees, Take $1.3B Charge  —  Cisco Systems (CSCO) this afternoon said it will lay off 6,500 workers, or 9% of its full-time workforce, in an effort to shave $1 billion in annual costs.  —  The company will take a one-time $1.3 billion charge for the cost of the cut.
Nick Bilton / Bits:
Privacy Isn't Dead.  Just Ask Google+.  —  Some people have a very hard time trusting Facebook.  —  After dozens of privacy problems over the years, they've grown extremely weary of what the company is doing with my personal information.  I, for one, rarely use Facebook anymore, beyond a rare comment or “Like.”
Discussion: Googling Google Blog
Janko Roettgers / GigaOM:
Dell wants to use Google+ Hangouts for customer service  —  Dell could soon use Google's new group video chat platform Google+ Hangouts as an alternative to the traditional customer service call, according to the company's chairman and CEO, Michael Dell.  —  Hangouts has been hailed …
Tom Anderson / TechCrunch:
Is Social In Google's DNA?  —  Google is an algorithm driven-company.  “PageRank” (named after Larry Page himself) was the “founding algorithm” of Google—the one that gave it superior search results, and eventually led to Google “winning” the search wars of the early 2000s.
RELATED:
Florian Mueller / FOSS Patents:
Battlemap: Apple's heavy patent artillery against HTC's guerrilla warfare  —  On Friday (July 15, 2011) an Administrative Law Judge at the US International Trade Commission (ITC) issued an initial determination that HTC's Android-based products infringe two Apple patents.
Jason Kincaid / TechCrunch:
Sequoia Leads $10 Million Investment In Dolphin, The Customizable Android Browser  —  The desktop browser wars are fiercer than ever, with Chrome, Firefox, Safari, Opera, and *cough* Internet Explorer all in a heated race for users (and new features).  But there's a relatively …
Mark Brown / Wired.co.uk:
Anonymous unleashes social network AnonPlus after Google+ ban  —  Following a ban from Google+, web hacktivist clan Anonymous has said it will build its own social network — one that won't tolerate “being shut down, censored or oppressed.”  —  The nameless collective was ousted from Google's new social service earlier this month.
Stephen Shankland / CNET News:
Firefox world loses Web dev guru to Chrome  —  For years, an extension called Firebug has been a powerful tool that kept Web programmers loyal to Firefox.  —  But now, as browser makers add their own tools geared to attract those who build Web sites and applications, the lead Firebug programmer …
Discussion: Inquirer
Sam Oliver / AppleInsider:
NPD data suggests Apple sold record 4.2M Macs in June quarter  —  The latest domestic sales figures from the NPD Group suggest Apple may have sold as many as 4.2 million Macs in the June quarter, a sum that would represent the company's best quarter ever.  —  Domestic Mac NPD unit sales …
Discussion: SlashGear, TUAW and MacNN
Andy Fixmer / Bloomberg:
Hulu's Owners Are Said to Offer Bidders Five-Year Program-Access Guarantee  —  Hulu LLC, the online video service seeking bids, plans to offer suitors five years of access to shows from its media-company owners, including two years of exclusivity, two people with knowledge of the situation said.
Discussion: SplatF
Leena Rao / TechCrunch:
IBM Posts Q2 Revenue Of $26.7B With Net Income Up 8 Percent To $3.7B, Ups Outlook  —  IBM just released its second quarter earnings today.  Big Blue reported $26.7 billion in revenue for the quarter which is up 15 percent (or up 5 percent adjusting for currency).
NPR:
Twitter Co-Founder Biz Stone Plays Not My Job … Back in 2006, Biz Stone and his friends had an idea, spent about two weeks programming it, and launched the microblogging site Twitter ... and haven't gotten any work done since.  —  We've invited Stone to play a game called “I can hardly clear my throat in 140 characters.”
 
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 More Items: 
MG Siegler / TechCrunch:
This Fall, Apple Has A Shot At Becoming The Most Valuable Company In The World
Discussion: 9to5Mac
Kara Swisher / AllThingsD:
New Tech Gadget News Site Name: The Verge
Matt Rosoff / The Business Insider:
LinkedIn Downgraded By JP Morgan, Which Helped Underwrite Its IPO
Discussion: @bdsams and VentureBeat
Marco Arment / Marco.org:
Twitter spam and motivation to report it
Discussion: @qthrul
Liz Gannes / AllThingsD:
After Copiepresse “Boycott,” Google Restores Search of News Sites
Phil Goldstein / FierceWireless:
Wireless jobs disappear despite booming revenues
 Earlier Items: 
Dean Takahashi / VentureBeat:
American Express signs Sprint to promote its Serve digital payments platform
Discussion: ReadWriteWeb and Featured News
Sam Oliver / AppleInsider:
46% of smartphone buyers prefer Apple's iOS, 32% choose Google Android
Dave Zatz / Zatz Not Funny!:
Roku 2 - Nearly Upon Us?
Discussion: I4U News, Neowin.net and Engadget
EchoSign:
Great News! Adobe Acquires EchoSign