Techmeme
May 22, 2012, 8:35 PM

Top News

Henry Blodget / Business Insider:
EXCLUSIVE: Here's The Inside Story Of What Happened On The Facebook IPO  —  And now for some more bombshell news about the Facebook IPO...  Earlier, we reported that the analysts at Facebook's IPO underwriters had cut their estimates for the company in the middle of the IPO roadshow, a highly unusual and negative event.
Michael Wolff / Technology Review:
The Facebook Fallacy  —  Facebook is not only on course to go bust, but will take the rest of the ad-supported Web with it.  Given its vast cash reserves and the glacial pace of business reckonings, that will sound hyperbolic.  But that doesn't mean it isn't true.
More: Washington PostTweets: @carnage4life
Wall Street Journal:
Nasdaq Points Up Regrets in Launching Facebook IPO  —  A senior Nasdaq Stock Market official told customers Tuesday afternoon that it would have pulled the plug on Facebook Inc.'s initial public offering had it known the full extent of the technical problems that plagued its systems.
Alistair Barr / Reuters:
Larry Page / The Official Google Blog:
We've acquired Motorola Mobility  —  The phones in our pockets have become supercomputers that are changing the way we live.  It's now possible to do things we used to think were magic, or only possible on Star Trek—like get directions right from where we are standing; watch a video on YouTube …
9to5Mac:
Likely next-generation iPhone with 3.999-inch display, 1136 x 640 resolution in testing (updated: more decimals)  —  Apple is testing multiple next-generation iPhones, and we have independently heard that at least one of these devices sports a brand new display.
John Gruber / Daring Fireball:
THX1136  —  Big scoop by 9to5 Mac: … What I've heard from a couple of little birdies is only that Apple has been noodling with increasing the height of the display, keeping the width and pixel density exactly the same as on the iPhone 4 and 4S.  I had not heard an exact pixel number for the new height.
Colleen Taylor / TechCrunch:
Kleiner Perkins Sued By Partner Ellen Pao For Alleged Sexual Harassment, Gender Discrimination  —  Kleiner Perkins Caulfield and Byers, one of the most storied and well-respected venture capital firms in Silicon Valley, has been sued by Ellen Pao, an investment partner with the firm.
NBC Bay Area:
VP of Palo Alto's SAP Arrested in LEGO Bar Code Scam  —  A San Carlos software engineer is charged with four counts of felony burglary.  —  A Silicon Valley executive could soon be trading LEGO blocks for cell blocks.  It's a story you will only see on NBC Bay Area News.
Matthew Humphries / Geek.com:
VIA launches $49 Android PC  —  The Raspberry Pi has set the price bar very low for a fully functional PC, and no one has managed to get anywhere near it yet.  VIA is within spitting distance though, with the announcement today of a $49 Android PC (APC) system.
More: Ars Technica and UbergizmoTweets: @davezatz
Matt Thompson / The Mozilla Blog:
Introducing “Mozilla Webmaker:” helping the world make the web  —  Today, we're proud to launch “Mozilla Webmaker,” a new program to help people everywhere make, learn and play using the open building blocks of the web.  —  The goal: help millions of people move from using the web to making the web.
More: eWeek and WebProNews
John Paczkowski / AllThingsD:
100 Most Valuable Brands: Apple Tops Again; Nokia Disappears  —  WPP's Millward Brown published its annual BrandZ study, ranking the world's leading brands, which are increasingly technology companies.  According to the research house, four of the top five global brands and seven of the Top 10 are tech firms.
Kenneth Wong / Bloomberg:
SAP Agrees to Buy Ariba in $4.3B Deal  —  SAP AG (SAP), the largest business- management software maker, agreed to buy Ariba Inc. (ARBA) (ARBA) to add a cloud-computing applications maker in a transaction valued at about $4.3 billion.  —  SAP offerd $45 a share for Ariba …
Ryan Spoon:
Announcing Spindle.  —  It's a bold vision: “build the discovery engine for hte social web”... and that's precisely what excites us about Spindle.  Based in Cambridge, MA and started in Dogpatch Labs, Spindle aims to deliver actionable information and news that you wouldn't have found otherwise …
Brent Goldman / Facebook Developer Blog:
Driving mobile app installs with the App Center  —  We're excited that developers are beginning to realize the power of integrating Facebook into their mobile apps.  As of today, seven of the top 10 grossing iOS apps and five of the top 10 Android apps have integrated with Facebook.
More: The VergeThanks:@malliegator
Jeff John Roberts / paidContent:
Facebook loses trademark fight against adult social network  —  A federal judge has refused to order a Norwegian website that describes itself as “the number one socializing porn and sex network” to turn over its name to Facebook.  —  U.S. District Judge Jeffrey White last week ruled …

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Earlier Picks

Tricia Duryee / AllThingsD: