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5:35 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
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.
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 …
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:
EchoSign:
Great News!  Adobe Acquires EchoSign  —  We're extremely pleased to announce that EchoSign is now part of the Acrobat family — Adobe has acquired EchoSign.  —  “Together, our aim is to make electronic signatures the standard way for people to sign documents and automate contracting.
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 …
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 …
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.
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.”
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.
Sam Oliver / AppleInsider:
46% of smartphone buyers prefer Apple's iOS, 32% choose Google Android  —  Among consumers who plan to buy a smartphone in the next three months, the iPhone is the top choice, with nearly half of all prospective buyers choosing Apple.  —  The data comes from the latest survey …
Greg Sandoval / CNET News:
Is Netflix killing DVD like Apple killed floppies?  —  Big Champagne CEO Eric Garland has seen Netflix's price hike in many different forms over many years.  —  Industry leaders change directions with a product or service and stunned customers revolt.  It's a scenario that played …
Discussion: SplatF, iPhone, WebBeat.TV and Pulse2
Wall Street Journal:
Apple Seeks to Broaden iPhone in China  —  Apple is getting closer to offering its iPhone through China's largest mobile carrier, state-owned China Mobile, further opening a vast market and spurring what could be the next growth catalyst for the technology giant.  WSJ's Yukari Kane has the exclusive story on digits.
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).
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 …
 
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 More Items: 
Nick Bilton / Bits:
Privacy Isn't Dead. Just Ask Google+.
Discussion: Googling Google Blog
Matt Rosoff / The Business Insider:
LinkedIn Downgraded By JP Morgan, Which Helped Underwrite Its IPO
Discussion: VentureBeat and @bdsams
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
Discussion: TechEye and Associated Press
Phil Goldstein / FierceWireless:
Wireless jobs disappear despite booming revenues
Dean Takahashi / VentureBeat:
American Express signs Sprint to promote its Serve digital payments platform
Discussion: ReadWriteWeb and Featured News
 Earlier Items: 
Dan Levin / New York Times:
Chinese Web Search Giant Serves Two Masters
Discussion: Hillicon Valley
Dave Zatz / Zatz Not Funny!:
Roku 2 - Nearly Upon Us?
Discussion: I4U News, Neowin.net and Engadget
Kit Eaton / Fast Company:
How Hackers Stole 24,000 Files From The Pentagon