Techmeme
May 9, 2012, 6:05 AM

Top News

Henry Blodget / Business Insider:
How Goldman Sachs Blew The Facebook IPO  —  IPOs are wildly profitable deals for Wall Street investment banks, and they come with huge bragging rights.  —  So it's no surprise that the biggest Wall Street banks fought over the Facebook IPO for years.  —  The inside story of the Facebook …
Tim McLaughlin / Reuters:
Facebook changes IPO pitch in Boston, scraps video  —  (Reuters) - Facebook Inc's initial public offering pitch played to some bad reviews in New York, so for its Boston audience on Tuesday, the 30-minute video was scrapped and the company took more questions from analysts and potential investors.
Aden Fine / ACLU:
BREAKING NEWS: Twitter Stands Up For One Of Its Users  —  Twitter has filed a motion in state court in New York seeking to quash a court order requiring it to turn over information about one of its users and his communications on Twitter.  This particular case involves a Twitter user …
Mathew Ingram / GigaOM:
Twitter: We're still the free-speech wing of the free-speech party  —  As various levels of government both in the U.S. and around the world have stepped up their attempts to track down dissidents through social networks, the pressure has intensified on companies like Twitter and Facebook …
Dana Wollman / Engadget:
HP unveils Envy Spectre XT Ultrabook, other thin-and-lights in various sizes  —  What's that?  You're hungry for more HP laptops?  Good!  Because we're not nearly done yet!  The company just expanded its line of Ultrabooks from two to five, and that's not even counting this guy.
Sarah Lacy / PandoDaily:
Sources Say AOL Seeking Buyers for Engadget and TechCrunch.  Arrington “Not In The Least Bit Interested”  —  We weren't sure about this one at first, but now we have two independent sources confirming that AOL is exploring the sale of its cornerstone technology sites Engadget and TechCrunch.
Kara Swisher / AllThingsD:
Exclusive: Yahoo Director in Charge of Botched CEO Vetting to Step Down From Board  —  CSLie has claimed its first victim, although the mystery is still unsolved.  —  Patti Hart — the Yahoo director in charge of the search that resulted in the hiring of Scott Thompson as its CEO …
Eric Slivka / MacRumors:
New iPad Coming to 30 Additional Countries Including Brazil on May 11 and 12  —  As revealed by Apple's iPad selection page for Latin America, the new iPad will be launching in 13 new countries in that region this Friday, May 11.  The most significant new addition is Brazil …
Sarah Lacy / PandoDaily:
Andreessen Horowitz Confirms Its Scout Program, Calls Out Lazy Angels Who Hate Competition  —  It's all coming out now.  —  Andreessen Horowitz Partners has just confirmed that it too has been operating a stealthy scout program.  —  In case you missed it, last week we uncovered …
More: PE Hub Blog and Business InsiderTweets: @arrington
Chris Ziegler / The Verge:
Nano-SIM update: Apple design modified to fix concerns, standard will be decided this month  —  We just spoke with SIM card maker (and pioneer) Giesecke & Devrient here at CTIA about progress on the creation of the 4FF standard — the so-called nano-SIM — over which Apple and Nokia have been warring in recent months.
Alex Payne:
What Is and Is Not A Technology Company  —  When I was a kid, I had a morning routine with my family.  Over breakfast, we'd divvy up the newspaper.  I'd go straight for the Business section, and from there to the back pages with yesterday's stock prices.  Scanning down the lines of tiny text, I'd look for SUN, ORCL, MSFT, AAPL, SGI.
More: GigaOM
Liz Gannes / AllThingsD:
StumbleUpon CEO Garrett Camp Steps Down, 10 Years Later  —  Garrett Camp, the co-founder and long-time CEO of Web discovery service StumbleUpon, is moving on.  Or up, you could say — Camp will now be chairman of the board, while the company undertakes a public search for a new CEO.
Elinor Mills / CNET:
Thousands of Twitter passwords exposed  —  Twitter is investigating the release of what appear to be thousands of user account passwords and e-mail addresses.  —  “We are currently looking into the situation.  In the meantime, we have pushed out password resets to accounts that may have been affected …
Ki Mae Heussner / GigaOM:
Fred Wilson: what crowdfunding means for the VC business  —  For the past couple of decades, venture capitalists have had the upper hand.  They've had the funding and, traditionally, they've held most of the power in the startup ecosystem.  But, Fred Wilson, managing partner of Union Square Ventures …
More: Forbes and TechCrunch
Spencer E. Ante / Wall Street Journal:
Foursquare CEO Reveals Plans for Personalized Coupons  —  Foursquare doesn't want to be another popular—but unprofitable—social network.  Its new plan to make money?  Personalized coupons.  —  The company, which lets users alert their friends to their location by “checking in” …
More: GigaOMTweets: @rakeshlobster and @dens
Caleb Garling / Wired:
Google and Oracle Enter Round Two of Heavyweight Legal Fight  —  Google and Oracle have moved into phase two of their epic legal battle.  Photo: f-l-e-x/Flickr  —  After the jury returned a partial verdict in the copyright phase of the Google-Oracle trial — unable to decide whether Google's recreation …
Anthony Ha / TechCrunch:
Y Combinator-Backed Swiftype Builds Site Search That Doesn't Suck  —  In my four-plus years covering tech, I don't think I've ever met another blogger who was happy with the search feature on their website.  The options range from terrible to functional, but it's never good …
More: BetabeatThanks:@swiftype
Ben Sandofsky:
Shell Apps and Silver Bullets  —  Every company comes up with the idea of writing a “shell app.”  By replacing native code with a web view you could:  — Release new functionality outside a full app update  — Implement a feature once and share it across platforms

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