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10:15 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: Examiner and Digital Trends
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:
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 …
RELATED:
Zee / The Next Web:   All News International Websites Now Offline. (Update: Servers back live. Propagating.)
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 …
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 …
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 …
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
MG Siegler / TechCrunch:
This Fall, Apple Has A Shot At Becoming The Most Valuable Company In The World  —  In January, we noted that Apple surged past an amazing $300 billion market cap, making them by far the most valuable tech company in the world.  In fact, the valuation made them the second most valuable company in the world period.
Discussion: 9to5Mac and SplatF
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.
RELATED:
Electronista:
ITC upholds view Kodak didn't infringe Apple patents
Discussion: AppleInsider
Kara Swisher / AllThingsD:
New Tech Gadget News Site Name: The Verge  —  A new tech site, which has been founded by a number of former staffers of AOL-owned Engadget, will be announcing its new name — The Verge — during an appearance by Editor-in-Chief Josh Topolsky tonight on Jimmy Fallon's late-night television talk show.
Discussion: Technologizer
Ryan Lawler / GigaOM:
Netflix hires Reddit Chief Architect: Will outages end?  —  Updated.  Netflix has made a hire that could help put an end to some of its recent outages: Former Reddit Chief Architect Jeremy Edberg announced via Twitter that he has joined the streaming company as its Lead Cloud Reliability Engineer.
Discussion: @jedberg, CNET News and VentureBeat
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 …
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
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.
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: Ars Technica, SlashGear, TUAW and MacNN
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 …
Derrick Harris / GigaOM:
Nginx creator launching company based on popular web server  —  Nginx creator Igor Sysoev is planning a company based around the wildly popular open-source web server.  —  Sysoev announced the decision on the Ngnix blog Monday morning, writing that the commercial entity's …
Discussion: nginx news
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
Sathya Bhat / Techie Buzz:
Mono Gets a New Lease of Life, Xamarin Obtains A Perpertual License for Mono  —  About 3 months ago, Mono founder Miguel de Icaza was laid off by Novell following their acquisition by Attachmate.  Miguel was quick to launch his startup, Xamarin, which would be focusing on Mono based products.
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).
Patrick Thibodeau / Computerworld:
Outgoing federal CIO warns of ‘an IT cartel’  —  Vivek Kundra, in appearance before White House science committee, also tells of the risk of data sharing
 
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 More Items: 
Alistair Barr / Reuters:
EBay's marketplace turnaround gains momentum
Mark Brown / Wired.co.uk:
Anonymous unleashes social network AnonPlus after Google+ ban
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
Bryan M. Wolfe / App Advice:
CNN, HLN Begin Real-Time Streaming Via Web, iPad
NPR:
Twitter Co-Founder Biz Stone Plays Not My Job
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