Techmeme
May 18, 2012, 1:35 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 …
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 …
Lee Spears / Bloomberg:
Facebook Raises $16 Billion In Biggest Technology IPO On Record  —  Facebook Inc. (FB) raised $16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range.  —  The social network, led by 28-year-old Mark Zuckerberg …
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 …
Nick Bilton / Bits:
Twitter Implements Do Not Track Privacy Option  —  It's no secret that Facebook is worth about $100 billion because it collected personal data about its users.  A lot of data.  —  Although Twitter tracks its users too — albeit in a much less aggressive way — the company has decided to take a different route.
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 …
Arik Hesseldahl / AllThingsD:
HP's Whitman to Announce Restructuring Plan Wednesday; 30,000 Jobs Targeted  —  The daunting task of restructuring Hewlett-Packard will begin in earnest next Wednesday when the company reports its quarterly earnings.  Sources familiar with the company's plans say that CEO Meg Whitman …
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 …
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.
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.
Jason Del Rey / AdAge:
Amazon to Sell Ads on Kindle Fire Welcome Screen — If You Have $600K  —  Amazon Seeks Big Money as It Brings Advertising to its Hottest Tablet  —  The Kindle Fire is Amazon.com's best-selling product, the company said in its first-quarter-earnings release.  And it's being treated that way by the Amazon ad sales team.
Miyoung Kim / Reuters:
Samsung gets 9 million preorders for new Galaxy phone: report  —  (Reuters) - Samsung Electronics Co has received some 9 million pre-orders for its third-generation Galaxy S smartphone from more than 100 global carriers, the Korea Economic Daily reported on Friday.
Joel Kotkin / Forbes:
The Best Cities For Tech Jobs  —  With Facebook poised to go public, the attention of the tech world, and Wall Street, is firmly focused on Silicon Valley.  Without question, the west side of San Francisco Bay is by far the most prodigious creator of hot companies and has the highest proportion …
Derrick Harris / GigaOM:
Scoop: Google, Microsoft both targeting Amazon with new clouds  —  Google is hard at work on a cloud computing offering that will compete directly with the popular Amazon EC2 cloud, according to a source familiar with Google's plans.  Not to be outdone, other sources have confirmed Microsoft …
More: WebProNews and CNET
Chris Ziegler / The Verge:
Microsoft talks Windows Store features, Metro app sandboxing for Windows 8 developers  —  In a post today on Microsoft's Building Windows 8 blog, program manager John Hanzen took a deep dive on two topics that are set to separate the platform's Metro style apps apart from every Windows app before them: installation and permissions.
Matt Brian / The Next Web:
Apple wins dispute over iPhone5.com domain name  —  Apple has successfully won its dispute over the iPhone5.com domain, after it took its complaint to the World Intellectual Property Organization (WIPO),  —  WIPO recently posted to its website that the domain has been ‘Terminated’ …
Dylan Tweney / VentureBeat:
Kleiner Perkins closes its fifteenth venture fund with $525M  —  Kleiner Perkins Caulfield & Byers, one of Silicon Valley's most storied venture capital firms, has closed its fifteenth investment fund.  —  The company announced today that it has raised $525 million for KPCB 15 …

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