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July 13, 2012, 1:55 PM
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Alexia Tsotsis / TechCrunch:
Digg Sold To LinkedIn AND The Washington Post And Betaworks  —  Sun Valley and self-driving cars aside, the story of the day today is that social news site Digg has sold its remaining assets for $500K to the NYC-based tech firm Betaworks.  While that number is indeed in the ballpark …
Wall Street Journal:
Betaworks to Pay $500,000 for Fallen Social Media Star Digg
Jordan Kahn / 9to5Mac:
Apple's in-app purchasing process circumvented by Russian hacker  —  Today we received some disturbing tips that a Russian developer has published a method of obtaining in-app purchases from iOS apps for free.  First noticed by Russian blog i-ekb.ru, the “in-app proxy"method does not require a jailbreak …
John Paczkowski / AllThingsD:
RIM Is Bleeding Developers  —  Research In Motion's sad decline is having all manner of ill effects on the company's long-suffering developer community.  —  Disillusioned with repeated delays to RIM's next generation BlackBerry 10 operating system and the company's ebbing smartphone market share …
Nielsen Blog:
Two Thirds of New Mobile Buyers Now Opting For Smartphones  —  During Q2 2012 smartphone penetration continued to grow, with 54.9 percent of U.S. mobile subscribers owning smartphones as of June 2012.  This growth is driven by increasing smartphone purchases: 2 out of 3 Americans who acquired …
Bloomberg:
Diller Says Aereo Will Expand To Most Large U.S. Cities  —  Aereo Inc., the online television service backed by Barry Diller, will expand from New York to other large U.S. cities following a favorable court ruling, the 70-year-old billionaire said.  —  “We're going to really start marketing …
The Official Google Blog:
Street View goes on a road trip through California's national parks  —  One hot summer day in Yosemite National Park in Northern California, I sat under a tree along a lazy river in awe of the natural beauty around me.  I looked out at the majestic granite mountains, the chirping birds …
Somini Sengupta / New York Times:
U.S. Pursues Richard O'Dwyer as Intermediary in Online Piracy  —  Richard O'Dwyer, an enterprising 24-year-old college student from northern England, has found himself in the middle of a fierce battle between two of America's great exports: Hollywood and the Internet.
Rob Walker / New York Times:
Can Tumblr's David Karp Embrace Ads Without Selling Out?  —  It's been said (by Steve Jobs, no less) that good design is not just about how a thing looks but rather about how a thing works.  But maybe design is also about how a thing feels.  —  The design of Tumblr, the blogging tool and social network, is guided by feeling.
More: Digiday
Business Week:
The Education of Groupon CEO Andrew Mason  —  There's an excellent Japanese restaurant in Chicago's Wicker Park neighborhood.  The place has been around for years and still draws a crowd, a trendy mix of tattooed hipsters and business-casual professionals.  Black-clad waiters …
Mark Gurman / 9to5Mac:
Apple reverses course: Apple products go back on EPEAT, letter from SVP Bob Mansfield  —  Following complaints, Apple has reversed its decision to pull its elgible products from the EPEAT standard.  Apple's SVP of Engineering has issued a letter:
Emil Protalinski / ZDNet:
Android Forums hacked: 1 million user credentials stolen  —  Summary: Phandroid's AndroidForums.com has been hacked.  The database that powers the site was compromised and more than 1 million user account details were stolen.  If you use the forum, make sure to change your password asap.
Steve Stecklow / Reuters:
FBI probes China's ZTE over Iran tech deals: report  —  (Reuters) - The FBI has opened a criminal investigation into ZTE Corp over the Chinese company's sale of banned U.S. computer equipment to Iran and its alleged subsequent attempts to cover it up and obstruct a Department of Commerce probe, the Smoking Gun website reported.
Matt Brian / The Next Web:
Verizon serves up GameTanium, giving customers 150 on-demand Android games for $5.99 a month  —  Wanting to take the hassle out of Android downloads and limiting the possible spend on the Google Play marketplace, Verizon has teamed up with Exent to offer its Android customers access …
Sarah Perez / TechCrunch:
Jetpac's Social Travel iPad App Grabs $2.4 Million From Khosla Ventures, Jerry Yang And Others  —  Jetpac, a gorgeous social travel application for iPad, has just scored $2.4 million in Series A funding from Khosla Ventures, Morado Venture Partners, Yahoo co-founder Jerry Yang and [redacted] …
More: Tnooz and VentureBeat
John Paczkowski / AllThingsD:
Damages in LCD Price-Fixing Case Top $1 Billion  —  LG Display, AU Optronics and Toshiba have resolved a civil lawsuit brought against them over price fixing in the liquid-crystal display market.  Collectively, the trio will pay $571 million to settle a class-action lawsuit that alleged …
More: Reuters

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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

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

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

More News

Earlier Picks

Mark Gurman / 9to5Mac:
New Food and Drink category goes live in the App Store
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