Techmeme
July 13, 2012, 1:25 PM

Top News

Kevin Rose / Google+:
If you haven't heard the news, I'm thrilled to announce that Digg is now in the hands of Betaworks  —  (makers of bitly, chartbeat, news.me, and other great products).  I've been a big fan of John Borthwick ( http://foundation.kr/11/ ) for awhile now and I'm excited to see where his team takes the product!
Wall Street Journal:
Betaworks to Pay $500,000 for Fallen Social Media Star Digg  —  New York technology development firm Betaworks has agreed to buy news-sharing website Digg, in an attempt to revive a company that was early to social media but outmaneuvered by rivals like Facebook Inc. and Twitter Inc.
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 …
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.
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 …
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
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 …
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
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
Foo Yun Chee / Reuters:
EU set to okay Cisco's $5 billion NDS deal: source  —  (Reuters) - U.S. network equipment maker Cisco is expected to gain unconditional EU approval for its $5 billion purchase of TV software developer NDS after regulators indicated the deal would not pose any serious competition concerns …

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Mark Gurman / 9to5Mac: