Techmeme
May 21, 2012, 8:45 PM

Top News

Felix Salmon:
Morgan Stanley's $2.4 billion Facebook short  —  Matt Levine had a very wonky post on Friday afternoon about the dynamics of the Facebook IPO in general and of the very misunderstood greenshoe option in particular.  Now that we've all had a nice relaxing weekend, it's maybe worth revisiting that greenshoe …
Hayley Tsukayama / Washington Post:
Facebook closes at $34, far below IPO price  —  After a brutal day of trading, Facebook closed at $34.03, down nearly 11 percent and well below the company's initial offering price of $38.  —  Shares opened below the break-even mark and never recovered Monday.
Steven Sinofsky / MSDN Blogs:
Enhancing Windows 8 for multiple monitors … Connecting multiple monitors to a PC is one of the easiest ways to enhance your Windows experience.  Plug in a second monitor and you instantly double your working surface.  I've had a multi-monitor setup for the past 10 years …
Ingrid Lunden / TechCrunch:
Motorola Mobility Says $12.5B Google Deal To Close Tuesday Or Wednesday.  Layoffs Coming?  —  Google has reached the final regulatory hurdle to its $12.5 billion acquisition of Motorola Mobility, with China approving the transaction over the weekend, and today Motorola Mobility filed an 8-K form …
Seth Weintraub / 9to5Mac:
Apple CFO Peter Oppenheimer sends brochure to Cupertino neighbors inviting feedback on new 'Campus 2′  —  Apple is currently involved in an outreach program to new neighbors in its planned “Campus 2″ area.  A brochure was mailed this week to residents surrounding the new campus …
Jordan Kahn / 9to5Mac:
Sony releases ‘Music Unlimited’ Spotify competitor as iOS app  —  Looking to rival competitors like Spotify and MOG, Sony today launched its Music Unlimited streaming service as an iOS app.  We told you back in January that it was coming, but today the free app officially hits the App Store …
Robert McMillan / Wired:
How Apple and Microsoft Armed 4,000 Patent Warheads  —  In many ways, Scott Widdowson is your typical electrical engineer.  Most days, when the weather's good, he bikes the 15 miles along the Ottawa River to his company's offices in the west end of the Canadian capital.
Nate Anderson / Ars Technica:
Supreme Court declines to hear $675,000 file-swapping case  —  Boston student Joel Tenenbaum may be in for a second federal trial.  —  Appeal denied  —  United States Supreme Court  —  The Supreme Court this morning declined (PDF) to hear the appeal of admitted file-swapper Joel Tenenbaum …
Brad Stone / Business Week:
Michael Moritz to Step Back at Sequoia Capital  —  Michael Moritz, the prominent Silicon Valley investor who has backed companies such as Google (GOOG), LinkedIn, PayPal, and Yahoo (YHOO), is stepping back from some of his responsibilities at his firm, Sequoia Capital, and has disclosed …
John Cook / GeekWire:
Google pays $10M for TeraHop patents: Sale to help investors in fraud case recoup cash  —  Big technology companies are searching everywhere for patents, looking to protect themselves from future litigation.  Now, Google has emerged as the buyer of a patent portfolio in a complex fraud case …
Matthew Panzarino / The Next Web:
Google giving Cornell University 22k square feet of free office space at its NYC HQ for 5 years  —  Google's Larry Page today announced that the company would be giving over the use of 22,000 square feet of its New York City headquarters to CornellNYC Tech, while the university builds its new campus on Roosevelt Island.
Josh Lowensohn / CNET:
ITC once again sides with Apple, RIM in Kodak patent spat  —  The U.S. International Trade Commission today once again said Apple and Research In Motion are not infringing on a patent held by Eastman Kodak.  —  ITC administrative law judge Thomas Pender today posted his initial determination …
Liz Gannes / AllThingsD:
Google Voice Founder Tackles Conference Calls  —  Uberconference debuts today as a new interface for conference calls — you know, those terrifically annoying occurrences that people in business deal with on a daily basis.  —  What's notable about the product is it comes from Craig Walker …
More: TechCrunch
Cecilia Kang / Washington Post:
FTC names Internet privacy expert as senior adviser  —  The Federal Trade Commission has named an Internet privacy expert to advise on mobile privacy and competition issues as the agency takes on high-profile investigations of potential harm to consumers by the Web's biggest firms.
Alexia Tsotsis / TechCrunch:
Fab Seeking To Raise $100M At A Super Fab Valuation  —  Earlier today we spoke to Fab.com CEO Jason Goldberg at TechCrunch Disrupt, on the anniversary of his company's pivot from gay social network to design-focused flash sales site, and a week after its mini-pivot to curated social shopping site.
David Carr / New York Times:
The Atavist Matures as a Publisher and a Platform  —  It sounds like the setup for a very old, stale joke.  Three guys walked into a bar in Brooklyn to complain about the state of journalism ... except by the time these guys were done chatting and plotting, they had come up with an actual business.
Daniel Terdiman / CNET:
Leap Motion: 3D hands-free motion control, unbound  —  The startup's technology puts sub-millimeter accuracy at user fingertips, offers control gestures like pinch-to-zoom, and promises new applications that make the Kinect and its kin look like yesterday's news.
Ellis Hamburger / The Verge:
Spotify expands to Australia and New Zealand  —  Spotify has just announced that it's expanding to Australia and New Zealand starting today, a few months after it announced availability in Germany.  All three tiers of Spotify (free, unlimited, and premium) will be available in New Zealand and Australia …
John Paczkowski / AllThingsD:
Carriers Willing to Live With High iPhone Subsidies for Now  —  Much as U.S. wireless carriers would like to reduce the high subsidies they pay on Apple's iPhone, there's little chance that they'll do so anytime soon.  —  Why?  —  They're far too worried about what would happen to their customer-retention rates if they did so.
Brier Dudley / The Seattle Times:
Q&A: T-Mobile CEO on layoffs, iPhone, mergers and more  —  After a detour through Dallas, Philipp Humm is finally getting to reshape T-Mobile USA.  —  Humm reinvigorated T-Mobile's German business before parent company Deutsche Telekom sent him to Bellevue in 2010, to rev up America's fourth largest wireless company.

Sponsor Posts

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Intel:
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VMware:
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