Techmeme
March 22, 2012, 9:05 PM

Top News

Jessi Hempel / Fortune:
Is Pinterest the next Facebook?  —  An exclusive look inside CEO Ben Silbermann's social media sensation.  —  FORTUNE — Ben Silbermann can't stop staring at the refrigerators.  The Pinterest co-founder and CEO and I are standing in the break room of his company's garage-size Palo Alto office.
Brian Womack / Bloomberg:
Facebook Is Said to Buy 750 IBM Patents to Boost Defenses  —  Facebook Inc. (FB) acquired 750 patents from International Business Machines Corp. (IBM), adding intellectual property that may help it counter allegations of patent infringement, a person with knowledge of the transaction said.
Richard Barley / Tweetdeck Blog:
TweetDeck Updated: Lists, Activity, Media and more  —  Today, we're releasing a new version of TweetDeck.  This update introduces some great new features as well as a host of smaller improvements and bug fixes.  Check out this video for a quick tour of the updates, and read on for more information.
Edward Gay / New Zealand Herald:
Dotcom gets extra $60k, Mercedes  —  Megaupload millionaire Kim Dotcom and his family have been granted a $60,000 a month living allowance.  —  In a minute released today by Justice Judith Potter in the High Court at Auckland, she allowed $20,000 a month to be paid to Dotcom from interest on $10 million worth of Government Bonds.
More: CNET and Media Decoder
Greg Sandoval / CNET:
MegaUpload's host pleads for cash to preserve user files  —  The cost of hosting 25 petabytes of data belonging to MegaUpload's users is too much for Carpathia Hosting to support on its own.  —  Carpathia said in court filings on Tuesday that the company is dedicating 1,100 servers …
Liz Gannes / AllThingsD:
Senate Passes Crowdfunding Bill With Added Protections for Non-Accredited Investors  —  The U.S. Senate today approved 73-26 an amended version of legislation that will legalize “crowdfunding,” or equity investments in start-ups by the general public.  —  The CROWDFUND Act adds requirements …
Liz Gannes / AllThingsD:
Seesmic Lays Off Half Its Staff as It Pivots Back to Social Cross-Posting  —  San Francisco start-up Seesmic laid off 18 employees this week, bringing its staff down to 15 people.  —  The layoffs, which happened on Monday, came as part of a shift away from building enterprise social tools …
More: VentureBeatTweets: @ryanlawler, @paulcarr and @robhof
Jordan Golson / MacRumors:
Address Bar Security Issue Found in iOS 5.1 Safari  —  A security firm has discovered a security issue in the iOS 5.1 version of MobileSafari, the most recent version of the operating system that runs on millions of Apple mobile devices.  The behavior was discovered and detailed by David Vieira-Kurz of MajorSecurity.net.
Bloomberg:
LinkedIn Chairman Reid Hoffman Sells Facebook Stock Before IPO  —  Reid Hoffman, co-founder and chairman of LinkedIn Corp. and an early investor in Facebook Inc. (FB), plans to sell some of his shares in the world's largest social network prior to its initial public offering this year.
Ellis Hamburger / The Verge:
Facebook takes photos high-def and full screen  —  Today, Facebook is announcing a few big updates to its photo viewer: it will now display photos in high resolution by default, and will allow you to enter a full screen gallery mode by clicking arrows in the top right corner of a photo.
Andrew Phelps / Nieman Journalism Lab:
I can't stop reading this analysis of Gawker's editorial strategy  —  In January, newly minted Gawker editor A.J. Daulerio announced an experiment: Each day for two weeks, a single staff writer would be assigned “traffic-whoring duty.”  [Language alert.]
Scott Turow / Bloomberg:
Apple Antitrust Suit Would Aid Amazon Book Monopoly  —  Are Apple Inc. (AAPL) and the big trade publishers colluding to manipulate the market in electronic books?  —  The U.S. Justice Department seems to think so, and is said to be near filing an antitrust lawsuit.
More: CNET, MacNN and TeleRead
Matthew Panzarino / The Next Web:
U.S. Congress grills 34 iOS developers on compliance with Apple's app privacy policies in official letter  —  The U.S. Congress has begun requesting more information about how iOS developers comply with Apple's privacy policies regarding apps, how they gather information from users and what they do with it afterwards.
Reuters:
Sarkozy announces crackdown on Internet hate sites  —  (Reuters) - President Nicolas Sarkozy said on Thursday that France would make it a crime to consult Web sites that advocate terrorism or hate crimes and would toughen a crackdown on people who went abroad for ideological indoctrination.
Dan Rowinski / ReadWriteWeb:
Lookout Predicts Americans Lose $30 Billion in Smartphones a Year  —  We've all done it.  You step out on the street after paying for your coffee at Starbucks or handing the cab driver a tip.  Your first natural inclination is to reach in to your pocket, dig out your cellphone and call somebody and say, “hey, I'm on my way.”
Alyson Shontell / Business Insider:
Path's Round Is At A $250 Million Pre-Money Valuation Led By Redpoint Ventures  —  We've confirmed rumors from sources close to the company that Path's new round of financing will be at a $250 million pre-money valuation led by Redpoint Ventures.  We're hearing the actual funding amount is about $20 million.
Matthew Panzarino / The Next Web:
Apple loses AppleCare appeal in Italian court, must pay $1.2M fine and put notice on packages  —  Apple has lost an appeal in the Italian courts, must pay up on a $1.2M (€900,ooo) fine and add a notice to AppleCare packaging.  The issue at stake is that Apple was charging for its AppleCare warranty …
More: CNET, MacRumors and MacNN
Alex Chitu / Google Operating System:
Upcoming Google Music Features  —  Google Music's source code includes a few references to some new features.  There's a Music Labs page that will probably include new ways to organize and visualize your songs.  “Google Play music player labs is a testing ground for experimental features that aren't quite ready for primetime.
More: CNET and Softpedia News
Ryan Kim / GigaOM:
Where is mobile gaming happening?  At home, in bed  —  Mobile gaming conjures up images of people playing on subways, waiting in line and walking down the street.  But you're much more likely to find mobile gaming happening at home and in bed, according to two new surveys.
Nick Zieminski / Reuters:
Monster CEO open to selling all or part of company  —  (Reuters) - Monster Worldwide Inc is open to selling all or part of itself and expects to have data ready for potential buyers fairly soon, Chief Executive Sal Iannuzzi said in an interview.  —  “At a certain price, anything's for sale …
Hugo Miller / Bloomberg:
BlackBerry Loses Top Spot to Apple at Home: Corporate Canada  —  Canada's love affair with the BlackBerry is waning.  —  Research In Motion Ltd. (RIM) has been ousted from the top spot for smartphone shipments in its home market for the first time, trailing Apple (AAPL) Inc.'s iPhone.
Grant Gross / Computerworld:
ISPs commit to new cybersecurity measures  —  The recommendations from an FCC advisory committee target botnets, domain name fraud and Internet route hijacking  —  A group of U.S. Internet service providers, including the four largest, have committed to taking new steps …

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Dean Takahashi / VentureBeat: