Samsung Sought To Beat IPhone With Galaxy Nexus, Apple Says  —  Apple Inc. (AAPL) said its largest smartphone competitor, Samsung Electronics Co., set out to steal market share by selling a Galaxy Nexus phone that copies its features, including one that makes the iPhone's Siri virtual personal assistant so compelling.

What WSJ got wrong about Groupon  —  Are VCs really backing away from Groupon?  —  FORTUNE — Have you heard that early Groupon (GRPN) investors are bailing on the company?  Well, some of them.  Maybe less than half.  But one of them is a big name, so it must mean the entire Internet sector is screwed.

Early Facebook Investor and Board Member Peter Thiel Sells Nearly All Of His Company Shares  —  Billionaire Peter Thiel sold nearly all of his remaining Facebook shares last week according to a financial document filed today with the Securities and Exchange Commission.

Apple Is Not The Most Valuable Company In The History Of The World — IBM Won The Prize In 1967 With A Value of $1.3 Trillion  —  Apple is not the most valuable company in the history of the world.  It's not even Microsoft, which was reported to have been toppled by Apple today.  —  It's IBM by a long shot.

The Rise Of Third Party Services And Fall Of Google In iOS  —  When Apple introduced iOS 6 to the world at this year's WWDC, one of the most talked about moves was Apple's decision to step away from their partnership with Google Maps and create their own maps app.

AT&T's FaceTime Restrictions Could Be Violating F.C.C. Rules  —  When Apple releases its next version of its mobile operating system iOS this fall, iPhone customers will have the option to place FaceTime video calls over the cellular network, whereas before they could do so only on Wi-Fi.

Next-Generation iPhone Dock/Headphone Jack Assembly Paired with Rear Shell  —  Following up on last week's photos of iPad mini and next-generation iPhone parts including Apple's new, smaller dock connector and the bottom-mounted headphone jack, parts and repair firm iResQ has taken the iPhone part …

How Eduardo Saverin Sold Facebook Ads in 2004  —  The knock on Facebook is often that it doesn't have its ad strategy figured out.  That might be, but the company courted advertisers pretty much from the get-go.  —  As captured in “The Social Network,” Facebook's then-CFO Eduardo Saverin …

Ofcom approves Everything Everywhere's early UK rollout of 4G services starting September 11  —  We discussed there could be a possibility of 4G services launching in the UK before the end of the year, and now the UK's communications regulator Ofcom has announced it will allow that to happen …

END OF AN ERA: Once-Dominant VC Firm Kleiner Perkins Gets Blown Up In Groupon, Zynga, And Facebook  —  One of the big developments in Silicon Valley in recent years has been a quiet passing of a torch from the venture capital firms that dominated the tech-investing world in the 1990s to a new group that is eating the old group's lunch.

App Developers: Stop Abusing Push!  —  Mobile app developers are abusing push notifications and it has to stop.  Although it's widely understood that it's not an effective strategy to continually ping users with non-critical updates, app developers can't seem to help themselves to the free marketing channel that is the opt-in push.

James Franco and the Galaxy Note 10.1: jacks of all trades, masters of none  —  James Franco — who you probably know best as either Daniel Desario from the short-lived Freaks and Geeks or the son of the Green Goblin in the previous generation of Spider-Man films — has signed …

E-books and the Personal Library  —  As I write this, my personal library is somewhere between the Bay Area and New York, heading east.  I don't know if the truckers have read Kerouac, but the books themselves may be experiencing a sense of adventure.  Some of them have made this American road trip …

Sqrrl Raises $2 Million For Secure, Scalable Big Data Technology Originally Developed At NSA  —  Sqrrl, a big data startup that came out of development at the National Security Agency (NSA), has raised $2 million in seed funding from Matrix Partners and Atlas Venture.

Google: Time to ditch our current software patent system?  —  Google's public policy director says at an Aspen conference that “these patent wars are not helpful to consumers.”  —  ASPEN, Colo. — Google suggested today that it might be time for the U.S. to ditch software patents.

How Instagram Could Have Cut a Better Deal  —  In hindsight, perhaps Instagram should have cut a different deal with Facebook.  —  In April, Facebook agreed to acquire Instagram, the hot social media photo-sharing site, in a deal valued at the time at about $1 billion.