Techmeme
May 18, 2012, 7:55 AM

Top News

Facebook Newsroom:
Facebook Announces Pricing of Initial Public Offering  —  Facebook (NASDAQ: FB) today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.  The shares are expected to begin trading on the NASDAQ Global Select Market …
Jennifer Van Grove / VentureBeat:
Facebook's rocking, all-night hackathon kicks off with standing ovation for CEO  —  On the eve of the largest technology IPO in American history, the company at the center of all the hoopla is celebrating in a geeky-chic style emblematic of its eight-year history.
Dan Primack / Fortune:
Facebook IPO: Who got rich(er)?  —  Counting down the big Facebook winners.  —  FORTUNE — Facebook (FB) has priced its highly-anticipated IPO at $38 per share, with a large number of shares coming from company insiders.  —  So here's a quick list of who made what, based on the assumption …
Othman Laraki / Twitter Blog:
New tailored suggestions for you to follow on Twitter  —  Every day, hundreds of thousands of people sign up for Twitter to get closer to the things they care about — friends, businesses, celebrities, news and information from all over.  If you've used Twitter for awhile …
Dustin Curtis:
Twitter is tracking you on the web  —  In a blog post today announcing Twitter's new tailored suggestions system is something that has me absolutely shocked: an overt admission that Twitter is transparently tracking your movements around the web.  Othman Laraki, on the Twitter blog:
Nick Bilton / Bits:
Austin Carr / Fast Company:
J. Crew CEO, Apple Board Member Mickey Drexler Reveals Steve Jobs' iCar Dream, Confirms “Living Room” Plans  —  J. Crew CEO and Apple board member Mickey Drexler offers an insider's perspective on Steve Jobs's vision: “Steve's dream before he died was to design an iCar.”
Brian X. Chen / Bits:
Verizon Clarifies: Unlimited Data Plans Will Die Slow Death  —  Verizon on Wednesday outlined its goals with shared data plans, and some news organizations incorrectly reported that it was killing unlimited data plans the instant that shared data plans were introduced.
Kara Swisher / AllThingsD:
Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal — Half Now, Then Half of What's Left After Eventual IPO  —  Yahoo is in the final stages of selling a large chunk of its stake in the Alibaba Group back to the company — in a complex deal that is set to include a multi-billion-dollar share buyback …
More: CNET and Forbes
Cathy Avgiris / Comcast Voices:
Comcast to Replace Usage Cap With Improved Data Usage Management Approaches  —  Today, the way people use video and access information has changed dramatically.  Four years ago, when we first instituted a broadband Internet data usage threshold, the iPhone had just been introduced …
Ingrid Lunden / TechCrunch:
Schumer And Casey's Ex-PATRIOT Act: Details Of How They Plan To Get Saverin's $67M And More  —  Charles Schumer and Bob Casey, the two U.S. Senators behind the Ex-PATRIOT act — a proposal to go after early Facebook backer Eduardo Saverin and others like him that have renounced U.S. citizenship …
Zack Whittaker / ZDNet:
UK government staff caught snooping on citizen data  —  Don't worry about hackers illegally accessing government systems.  It turns out government workers and civil servants who are trusted with private citizen data are more likely to access your data illegally.
CB Insights:
2012 Venture Capital Funding to Facebook Mafia Up 137% vs. 2011.  Greylock is Most Active VC FB Mafia Investor So Far.  —  The Facebook Mafia isn't waiting for an IPO to strike out on their own as company alumni have already raised $271 million of venture capital funding since 2006.
Chris Ziegler / The Verge:
RIM, Motorola told Apple they could find a nano-SIM compromise: here it is  —  Eventually, the committee chairman decided to hold an informal vote by show of hands whether each of the two proposals adequately met the jamming requirement.  For the Apple design, seven voting members said it did not, 28 said it did.
Vlad Bobleanta / Unwired View:
What app problem?  Microsoft is developing a service to migrate all your Android apps to a new Windows Phone  —  According to a patent application filed in November 2010, Microsoft is working on a service that would let you migrate apps and app data between devices and even between different mobile operating systems.
Eric Pfanner / New York Times:
Building the Next Facebook a Tough Task in Europe  —  PARIS — The coffee machine spits out doses of espresso.  Young men in shorts and loafers line up on a leatherette sofa, balancing Macs or iPads on their knees, discussing bands or business plans.  Some speak French, others English.

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