Techmeme
May 9, 2012, 2:50 PM

Top News

Jason Del Rey / AdAge:
Tim Armstrong Says AOL Plans to Invest in TechCrunch and Engadget, Not Sell Them  —  Domestic Display Advertising Falls as Activist Investor Seeks Shakeup  —  AOL reported a 4% drop in average monthly visitors to AOL owned-and-operated properties, when it reported first-quarter earnings on Wednesday.
TechCrunch:
Status Update  —  So first thing's first: We're not being sold!  Instead, we've just hired a bunch of brilliant writers and a new COO.  Also, we've seen a resurgence of community support (with over a thousand people attending our NYC meetup last night, for example), are back around 12% …
Tweets: @nero and @tolles
Sarah Lacy / PandoDaily:
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.
Mark Milian / Bloomberg:
Zuckerberg's Hoodie a ‘Mark of Immaturity,’ Analyst Says  —  Mark Zuckerberg is known for having arrived late for a meeting with prospective investor Sequoia Capital and giving a less-than-serious pitch while wearing pajamas.  —  Now, as Facebook preps its initial public offering …
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 …
Jenna Wortham / Bits:
Etsy Raises $40 Million for International Expansion  —  Etsy, the online marketplace for handmade and vintage goods, is getting a very non-D.I.Y. present.  —  On Wednesday, the company announced it was raising a $40 million Series F round in venture financing, from Index Ventures …
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.
Sam Oliver / AppleInsider:
Apple's next iPhone coming in September, 7-in. iPad launching in August - report  —  Pegatron has reportedly landed orders for Apple's next-generation iPhone, rumored to launch in September, while Foxconn will allegedly manufacture a new 7-inch iPad arriving in August.
Spencer E. Ante / Wall Street Journal:
Foursquare Joins the Coupon Craze  —  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” via smartphone from coffee shops …
Jamie Keene / The Verge:
Flipboard for Android leaks out for all to download  —  At the launch of the Samsung Galaxy S III, one unexpected inclusion was the Flipboard app — supposedly exclusive to the handset for the first few months.  However, despite the fact that the Galaxy S III hasn't even been released yet …
Michael Degusta / Technology Review:
Are Smart Phones Spreading Faster than Any Technology in Human History?  —  Mobile computers are on track to saturate markets in the U.S. and the developing world in record time.  —  Today's technology scene seems overheated to some.  Apple is the most valuable company on earth.
Ina Fried / AllThingsD:
Rovio Passes 1 Billion Angry Birds Downloads, Still Mulling IPO  —  Rovio released its first financial figures this week, but the company has not decided when, where or whether to go public.  —  “This is a decision of Rovio's owners if Rovio will file for IPO, when it would be and in what market,” CEO Mikael Hed told AllThingsD.
Janko Roettgers / GigaOM:
DDOS attack: Ustream down, Bambuser under heavy load  —  Updated.  Ustream has been unavailable this morning, and Bambuser has been under a heavy load of unusual traffic due to what looks like a distributed denial-of-service (DDOS) attack against both live streaming providers.
More: Business Insider, TechCrunch and CNETTweets: @ustream
Jon Brodkin / Ars Technica:
How Amazon saved Zynga's butt—and why Zynga built a cloud of its own  —  Five years ago, the social gaming company Zynga was cruising along with a fairly standard IT infrastructure.  Servers were racked and stacked in a retail data center where Zynga rented space.
Sharif Sakr / Engadget:
BlackBerry Curve 9320 now official: BB OS 7.1, 2.44-inch display, BBM button  —  The 9320 has visited more countries during its short gestation than some phones get to see in their whole lives, but it's finally arrived.  The specs are pretty much what we guessed, with the socially-focused BB OS 7.1 onboard …
Erin Griffith / PandoDaily:
Adaptly's $10.5 Million Round Will Buy the Social Marketing Platform a Sales Force  —  It's easy to get stuck on the “great product, no sales” trap.  That' s not something New York-based Adaptly has to worry about.  The startup was on track to generate around $10 million in revenue last year, and that's with just one sales guy.
Kelly Fiveash / The Register:
Virgin Media site goes titsup in Pirate Bay payback attack  —  Anonymous claims takedown victory  —  Virgin Media's main website dropped off the interwebs on Tuesday with hackivist collective Anonymous claiming responsibility for the DDoS attacks in response to the company's recent cut-off of The Pirate Bay.
Jeff John Roberts / paidContent:
Search engines have same speech rights as the New York Times, says Google report  —  Just as the New York Times can decide “All the News That's Fit to Print,” search engines have a free speech right to choose who or what to put in their search rankings.  —  That's the conclusion of a prominent …
Matt Brian / The Next Web:
Samsung Galaxy S III confirmed as official Olympic phone, delivering NFC payWave payments to athletes  —  We may have known this was the case for a number of months already but today Visa has announced that Samsung's new Galaxy S III will indeed be the official London 2012 Olympic Games smartphone …
Darrell Etherington / BetaKit:
Flint Launches image-Based Mobile Payment App, Raises $3M Series A  —  The race to find the mobile payments solution that works best for every type of business is on, and San Francisco-based Flint Mobile thinks it has the ideal offering for small businesses who operate mostly on the go.
Mike Masnick / Techdirt:
AFP Back To Claiming That Twitter's Terms Of Service Allow It To Take And Sell Anyone's Twitpic Photos  —  Two years ago, we wrote about one of the most bizarre copyright lawsuits we've ever heard of.  News giant AFP (Agence France Presse) — for reasons that I still cannot begin to comprehend …

Sponsor Posts

Microsoft:
Steve Gleason keeps his eyes on the prize  —  For pro-football hero Steve Gleason, being diagnosed with ALS sparked a renewed passion for life that's proven highly contagious.  Read how he's working with Microsoft …
VMware:
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Zoho:
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Syncano:
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