Techmeme
August 16, 2012, 4:50 PM

Top News

Leena Rao / TechCrunch:
Square Debuts Monthly Pricing Option For Small Businesses With Zero Swiping Fees  —  On the heels of announcing a mega-deal with Starbucks, mobile payments processing company Square is announcing another piece of key news—specialized, lower pricing per swipe for small businesses.
Matt Brian / The Next Web:
Why Apple really bought AuthenTec: It wanted “new technology” for upcoming products, and quickly  —  On July 27, seemingly out of nowhere, security company AuthenTec announced in a regulatory filing that it had agreed to a $356 million acquisition offer from Apple, making it one of the Apple's biggest mergers in its 36 year history.
Julianne Pepitone / CNNMoney.com:
Facebook stock slumps 5% as insiders get first chance to sell  —  NEW YORK (CNNMoney) — Facebook's life as a public company has been a nightmare from day one, and the pain continued on Thursday as some company insiders got their first chance to dump shares.
Artem Russakovskii / Android Police:
[Updated: Screenshots] Google Is Gearing Up To Finally Introduce Play Store Gift Cards And A Wishlist [APK Teardown]  —  A new Google Play Store v3.8.15 apk started rolling out to Android devices today, but upon running through its UI, I was unable to uncover anything different from the versions before that.
Jenna Wortham / NYT Bits:
Braintree, a Payments Company, Buys Venmo for $26.2 Million  —  The mobile payments war continues to escalate.  —  Braintree, a payments company that supplies technology to process credit card transactions on a mobile phone, said it purchased Venmo, a start-up that lets people send and receive money to their friends.
Matthew Panzarino / The Next Web:
Apple says Retail Stores still hiring, recent staffing changes were a ‘mistake’, are being reversed  —  Apple says that recent reports about Retail Store employee hours being cut and hiring events being halted were misleading.  Still, it says that some staffing changes were made, but that they were a mistake.
Ellis Hamburger / The Verge:
Instagram 3.0 bets on location with Photo Map, adds infinite scrolling  —  Looking forward, Systrom envisions an Instagram that instantly pipes photos into one location-tagged stream for concertgoers, or one stream of photos tagged in front of the Eiffel Tower.  “All sorts of cool things hapen once people use geodata,” he said.
Jacqui Cheng / Ars Technica:
Three years later, deleting your photos on Facebook now actually works  —  It has been more than three years since Ars first started covering Facebook's inability to remove “deleted” photos from its servers, but this particular saga appears to be coming to an end.
Michael Arrington / Uncrunched:
Why I Changed My Mind On Klout (And Invested)  —  Klout has been one of my go to punchlines for some time now.  For example - in May I wrote a post titled “My Detailed Thoughts On Klout” that contained a single word in the post itself: “Why?”  —  The problem I had with Klout …
Liz Gannes / AllThingsD:
Diaspora's Next Act: Social Remixing Site Makr.io  —  If you were to come across a group of people sitting in a room together, all with their own laptops out, sending each other jokes online, you might think that was a little weird, right?  —  “Antisocial” is one word that comes to mind.
More: The Verge and BetabeatTweets: @kessler and @andythegiant
Jeff John Roberts / GigaOM:
‘Friends’ can share your Facebook profile with the government, court rules  —  A federal judge has ruled that investigators can go through your Facebook profile if one of your friends gives them permission to do so.  The decision, which is part of a New York City racketeering trial …
Zack Whittaker / CNET:
WikiLeaks' Julian Assange granted asylum in Ecuador  —  Julian Assange has been granted political asylum by the Ecuadorian government after taking refuge in its London embassy in June.  —  LONDON — Wikileaks founder Julian Assange has been granted political asylum by the Ecuadorian government …
Matthew Panzarino / The Next Web:
Hipsta-dramatic: Hipstamatic lays off all but core employees, including designers and engineers  —  Toy camera app company Hipstamatic has fired all but 5 of its core staff, including engineers and designers, The Next Web has learned.  The company had been staffed up and working on a new release …
More: TechCrunch and Marie ClaireThanks:@alex
Wall Street Journal:
Apple's New Front in Battle for TV  —  Apple Inc. is in talks with some of the biggest U.S. cable operators about letting consumers use an Apple device as a set-top box for live television and other content, according to people familiar with the matter.  —  The talks represent Apple's …

Sponsor Posts

Microsoft BizSpark:
Featured Startup - FormVerse  —  If there was one tool not made for effective work, it would have to be email.  If you take silos of information, and a chronological effect, where old or new is piled on top of each other …
Cloud Foundry:
Static.com Adds Hadoop Support for Cloud Foundry  —  In this guest post, Jake Farrell, CTO for Static.com, explains how the major shift in the hosting industry towards platforms for high developer productivity …
Rackspace Blog:
Love, Magic, & APIs  —  I will confess, I am old enough to remember my GeoCities page.  Don't hate.  It was amazing, it was... this transformative moment in which I took real, actual information, and transformed it into something visible and memorable.
Hortonworks » Blog:
Hadoop, Hadoop, Hurrah!  HDP for Windows is Now GA!  —  Today we are very excited to announce that Hortonworks Data Platform for Windows (HDP for Windows) is now generally available and ready to support the most demanding production workloads.
Unison's blog:
“Yammer sucks”  —  Not to be mean to Yammer, or anything — it's a very good tool for some use cases — but that's what a customer told me recently (and others feel the same way).
 

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