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Techmeme
July 13, 2012, 1:00 PM
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Top News

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 …
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 …
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
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.
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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From Mediagazer

Dan Mangan / CNBC:
Trump files a $10B defamation lawsuit against the BBC in a Florida court, alleging it deceptively doctored his January 6 speech in a Panorama documentary

Jake Kanter / Deadline:
The UK government begins its review of the BBC's charter, set to expire in 2027, as ministers consider licence fee reforms and allowing more commercial revenue

Alex Weprin / The Hollywood Reporter:
Howard Stern signs a new three-year deal with SiriusXM, after a report earlier this year suggested that his show was about to be canceled

More News

Earlier Picks

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