Techmeme
July 13, 2012, 10:30 AM

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.
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 …
Frederic Lardinois / TechCrunch:
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 …
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 …
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 …
Tom Warren / The Verge:
Microsoft may scrap full retail edition of Windows 8, offer OEM and upgrade only  —  Microsoft is reportedly planning to kill its retail full edition of Windows 8, offering simplified upgrade and System Builder options for home users.  The software maker has typically sold upgrade, full …
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.
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.
Connie Guglielmo / Forbes:
Apple, Challenged By Greenpeace, Says It Has A Plan To Run Greener Data Centers  —  Greenpeace International gave Apple a mixed review over its clean energy plans for its data centers, the huge servers farms that power its iCloud and its other online services like iTunes …
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 and The Verge
Mark Gurman / 9to5Mac:
New Food and Drink category goes live in the App Store  —  Earlier this month, Apple promised that a new Food and Drink section would be going live in the App Store in the coming weeks.  Like clockwork, Apple's new App Store section has gone live.  The new section currently holds nearly 3000 apps …
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] …
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.
Shaun Waterman / Washington Times:
BlackBerry eschews China for security reasons  —  BlackBerrys, the mobile devices favored by government agencies worldwide, are not manufactured in China because that would compromise their much-vaunted security advantage, according to the CEO of Research in Motion (RIM), which makes them.

Sponsor Posts

Microsoft:
FansChoice.tv and Ooyala choose Microsoft to help them deliver content to anyone, on any device  —  On Monday at the 2014 NAB Show exhibition, Microsoft is showing the latest technology innovations for the broadcast media industry.
Atlassian:
5 Steps to launching a thriving Q&A Community  —  Imagine having a self-governing community of engaged employees answering each others' questions, solving problems, and sharing new ideas!
Zoho Blogs:
Intuit lobbies against small businesses  —  With tax day behind us, small businesses across the country can finally move on to enjoying the warmth of spring.  Unfortunately, the tax system has grown increasingly complex and burdensome for small businesses.
Silicon Valley Bank:
Strengthening the U.S. Innovation Economy by Ending Abusive Patent Litigation  —  In Silicon Valley Bank's Innovation Economy Outlook 2014 survey, we asked executives what they see in today's patent system …
 

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Ben Kuchera / Penny Arcade Report: