Techmeme
February 9, 2012, 4:01 AM

Top News

Dave Morin / Path Blog:
We are sorry.  —  We made a mistake.  Over the last couple of days users brought to light an issue concerning how we handle your personal information on Path, specifically the transmission and storage of your phone contacts.  —  As our mission is to build the world's first personal network …
Dustin Curtis / dcurt.is:
Stealing Your Address Book  —  It's not really a secret, per se, but there's a quiet understanding among many iOS app developers that it is acceptable to send a user's entire address book, without their permission, to remote servers and then store it for future reference.
Alexia Tsotsis / TechCrunch:
FYI.  Dave Morin Didn't Lie To Gawker About Path Storing User Data  —  Some people always see the good in people and some people always see the bad ... Gawker just published a post with what at first seems to be some pretty damning evidence against Path founder Dave Morin …
Tweets: @parislemon and @mathewi
Mike Isaac / Wired.com:
Path CEO: ‘We Thought We Were Doing This Right’  —  SAN FRANCISCO, California — “We thought we were doing this the right way.  It turns out, we made a mistake.”  —  Dave Morin, the CEO and creator of social media app Path, tells me this as we sit in his 22nd-floor headquarters in downtown San Francisco.
Joshua Topolsky / The Verge:
Alleged iPad 3 casing photo appears, sources say coming soon with improved GPU but no quad-core, thicker profile  —  Today the Apple rumor mill is fixated on a photo doing the rounds which allegedly shows the back housing of the next iPad (the iPad 3, or iPad HD, depending on who you talk to).
Groupon, Inc.:
Groupon Announces Fourth Quarter 2011 Results  —  Revenue of $506.5 million, up 194% year-over-year Free Cash Flow of $155.1 million, up 258% year-over-year Operating Income of $15.0 million, up from $336.1 million loss Non-GAAP EPS of negative $0.02, including $0.07 of tax from international operations …
Gabe Rivera / Techmeme News:
Why Techmeme now lists events, and how to get your event listed  —  Events have always played an important role in the tech industry.  Knowledge exchange and networking opportunities have long been a key draw, as Apple's history attests.  The motivations for meeting have certainly expanded since the 1970s.
Tom Warren / The Verge:
First Windows 8 ‘Consumer Preview’ preinstalled apps revealed  —  Microsoft's Windows 8 “Consumer Preview” is nearing release and the company is putting the finishing touches on the preinstalled application list.  We have learned from sources familiar with Microsoft's plans that the company …
Ed Bott / The Ed Bott Report Blog:
Joe Mullin / Wired:
Tim Berners-Lee Takes the Stand to Keep the Web Free  —  The inventor of the World Wide Web, Tim Berners-Lee, testified in a courtroom Tuesday for the first time in his life.  The web pioneer flew down from Boston, where he teaches at M.I.T., to an eastern Texas federal court to speak to a jury …
More: Wired and The Register
Jon Brodkin / Ars Technica:
Microsoft, Google, and Apple talk up “fair and reasonable” patent license fees  —  Microsoft today issued a brief statement promising to make “essential patents” available to competitors at fair and reasonable licensing rates, and promised not to sue companies making products that infringe these patents.
Om Malik / GigaOM:
Why we are buying paidContent  —  First the news: Yes, the rumors are true.  We are indeed buying the assets of ContentNext Media from Guardian News & Media Limited.  And no, we are not disclosing the terms of the deal, except that we are buying the entire group of properties — paidContent.org …
Seth Weintraub / 9to5Mac:
Foxconn hacked by group called SwaggSec, here's what they are looking at...  Hacker group SwaggSec just released a dump of Foxconn internal information, including a mail server login/password dump and logins to various online procurement sites and Intranets.  The hack seems to be a retaliation …
More: The Verge and MacRumors
Jackie Cohen / All Facebook:
Facebook Hits A New Record High Value Of At Least $103.4 Billion  —  Facebook stock has blown past even the most bullish estimates to a value of $103.4 billion to $110 billion, based on today's SharesPost auction closing at $44 per share.  —  The $103.4 billion figure is based …
More: Inside Facebook and The Next WebTweets: @allnick and @eghosao
David Goldman / CNNMoney.com:
The iPhone is a nightmare for carriers  —  NEW YORK (CNNMoney) — The iPhone may be great for consumers, but takes a nasty toll on wireless carriers' bottom line.  —  Apple's ( AAPL, Fortune 500) iconic smartphone has almost single-handedly devastated profit margins for Verizon and AT&T. Sprint …
Kim-Mai Cutler / Inside Social Games:
Developers say Facebook Credits is converting fewer paying users than they had hoped  —  Facebook's top developers say the company's payments infrastructure and virtual currency Credits are converting fewer paying users than they had hoped a year ago.  —  Facebook made it mandatory …

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