Techmeme
April 29, 2012, 11:25 PM

Top News

Chris Dixon:
Is it a tech bubble?  —  Every week a “we are in a tech bubble” article seems to come out in a major newspaper or blog.  People who argue we aren't in a bubble are casually dismissed as promoting their own interests.  I'd argue the situation is far more nuanced and that people who engage in this debate should consider the following:
Nick Bilton / Bits:
Start-Ups Keep Revenue at Zero to Cash In on Acquisition  —  The gears of Silicon Valley continue to mesh and turn because of money, not necessarily technological innovations.  And there are certain things about that money machine that denizens of the Valley would rather keep quiet.
New York Times:
How Apple Sidesteps Billions in Global Taxes  —  Apple, the world's most profitable technology company, doesn't design iPhones here.  It doesn't run AppleCare customer service from this city.  And it doesn't manufacture MacBooks or iPads anywhere nearby.  Yet, with a handful of employees …
Steven Musil / CNET:
Apple responds to tax criticism by highlighting job creation  —  Apple responded today to criticism that the company goes to great lengths to cut its global tax bill by billions of dollars every year, trumpeting the “incredible number of jobs” it has created.
More: Slashdot
Wall Street Journal:
Big Data's Big Problem: Little Talent  —  It seems that the markets are as much in love with “Big Data”—the ability to acquire, process and sort vast quantities of data in real time—as the technology industry.  —  The first Big Data initial public offering hit the market last week to roaring approval.
Thanks:@saokar
Jean-Louis Gassée / Monday Note:
Apple Is Doomed: The Phony Sony Parallel  —  In the weeks preceding the April 24th release of Apple's quarterly earnings, a number of old canards sent the stock down by about 12%: Carriers are going to kill the iPhone Golden Goose by cutting back “exorbitant” subsidies; iPhone sales …
David Streitfeld / New York Times:
Google Engineer Told Others of Data Collection, Full Version of F.C.C. Report Reveals  —  Google's harvesting of e-mails, passwords and other sensitive personal information from unsuspecting households in the United States and around the world was neither a mistake nor the work of a rogue engineer …
Jessica Guynn / Los Angeles Times:
Steve James / Reuters:
Apple, Google could join Dow index: Barron's  —  The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron's said on Sunday.
Mike Butcher / TechCrunch:
Be Concise!  - The Top Questions Asked At A Y Combinator Interview  —  As of yesterday Y Combinator began its marathon series of interviews to decide which startup teams will ultimately go through the - now world-renowned - program.  Interviews go on for five days.
Ken Auletta / New Yorker:
Get Rich U.  — There are no walls between Stanford and Silicon Valley.  Should there be?  —  Stanford University is so startlingly paradisial, so fragrant and sunny, it's as if you could eat from the trees and live happily forever.  Students ride their bikes through manicured quads …
Nicholas Carr / Technology Review:
The Library of Utopia  —  Google's ambitious book-scanning program is foundering in the courts.  Now a Harvard-led group is launching its own sweeping effort to put our literary heritage online.  Will the Ivy League succeed where Silicon Valley failed?  —  In his 1938 book World Brain …

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Igloo:
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