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May 29, 2012, 1:20 PM
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Dominic Rushe / Guardian:
Facebook shares fall below $30 as US authorities begin investigation into IPO  —  Shares continue to slump on Wall Street as lawsuits against founder Mark Zuckerberg allege company misled investors  —  Facebook's shares dipped below $30 Tuesday as the company's shares hit new lows and continued …
Forbes:
A boo.com Moment?  Facebook's IPO Faceplant, Carnage in Social Media Stocks  —  The Facebook (FB) fiasco has spooked a lot of tech investors, especially those holding shares of recently-launched social media companies with similarly unproven earnings streams.
Mark Gurman / 9to5Mac:
Photos: Black and white next-gen metal iPhone backs, mini-dock, taller screen, moved earphone jack present  —  Earlier today, we posted the first image of the back plate for the next-generation iPhone, and now we have received several more images that are very high-resolution.
Nick Wingfield / New York Times:
Microsoft at Work on Meshing Its Products With Skype  —  PALO ALTO, Calif. — By some measures, Tony Bates has accomplished a lot at Skype since Microsoft paid $8.5 billion for the Internet calling service.  —  The statistics tell the story.  In seven months, the number of people using …
Mike Butcher / TechCrunch:
Face.com Is Definitely Being Acquired By Facebook Say Sources  —  The purchase of Face.com by Facebook is happening and is a done deal, say multiple TechCrunch sources.  —  Those familiar with the matter have confirmed the price will be $100m, as per the media speculation in the last few days.
Bobbie Johnson / GigaOM:
Is Yandex behind Facebook's rumored Face.com deal?  —  Facebook's apparent interest in Israeli image recognition startup Face.com could rely on an unexpected partner — the Russian search engine Yandex, according to reports.  —  Rumors that Mark Zuckerberg is interested in purchasing …
Dieter Bohn / The Verge:
Samsung Galaxy S III launches in 28 countries, to be available in 145 by July  —  Although some retailers are saying they don't expect to have inventory right away, Samsung is officially claiming that it has launched the Galaxy S III in 28 countries today.  That's a massive launch …
Hugo Miller / Bloomberg:
RIM Writedown Risked With $1 Billion Inventory: Corporate Canada  —  Research In Motion Ltd. (RIMM)'s stockpiles of BlackBerry smartphones and PlayBook tablets have swollen by two-thirds in the past year because of slumping sales, raising the chances of the company's third writedown since December.
Ina Fried / AllThingsD:
Sprint Plans to Shut Nextel Network as Early as June 2013  —  Sprint said Tuesday that it would shut down its Nextel network as soon as June of next year, as the company aims to free up space for its next-generation LTE network.  —  The carrier has been working on plans to sunset …
Michael Mace / MobileOpportunity:
Fear and Loathing and Windows 8  —  I was very excited when I saw the first demos of Windows 8.  After years of settling for mediocre incremental improvements in its core products, Microsoft finally was ready to make bold changes to Windows, something I thought it had to do to stay relevant in computing.
Amazon.com:
Amazon Instant Video Now Available on Xbox 360, with Access to ‘Your Video Library’ and Prime Instant Video  —  Customers can now watch the latest movies and TV episodes on the Xbox 360 video game and entertainment system from Microsoft and use Kinect for Xbox 360 to find and play videos with the wave of a hand or sound of their voice
Frederic Lardinois / TechCrunch:
Bitly Launches New Bookmarking Features, Profiles, Search & iPhone App  —  Link shortener Bitly today launched a major redesign and number of new features that all add up to what the company itself calls “a new Bitly.”  Among these new features are ‘bitmarks,’ Bitly's name for its new bookmarking features …
Zack Whittaker / ZDNet:
Sweet irony: EU imposes cookie law, ignores own rules  —  On all European Union institution websites, you will be lucky to find a single page that asks the visitor for permission to set cookies.  But they're using them all the same.  —  The ‘cookie law’ requires any company …
Eric Slivka / MacRumors:
Prototype Original iPad with Dual Dock Connectors Surfaces  —  Ever since its initial introduction in early 2010, the iPad has offered a single dock connector oriented in portrait mode.  But a rumor just prior to that introduction had indicated that the device would include …
Donald Melanson / Engadget:
Google Wallet: one year later  —  The rumors and leaks go back a bit further, but it was a year ago today that Google officially revealed its Google Wallet mobile payment service — a platform that the company is still betting big on, even if it may be slightly reconsidering the way it does business.

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This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, May 29, 2012.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M

Samuel Stolton / Bloomberg:
Sources: Paramount Skydance is open to selling some children's TV network assets to help win EU approval of its $110B bid for WBD ahead of a July 7 deadline

More News

Andrew Webster / The Verge:
Rumored images of Apple's 3D Maps for iOS 6 leak
Graham Spencer / MacStories:
Apple Posts Initial WWDC 2012 Schedule, Releases Official App

Earlier Picks

Alastair Sharp / Reuters:
RIM's top lawyer joins parade of resignations
Siim Teller / Flattr Blog:
Apple rejected Flattr... and it's not the end
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