Techmeme
August 21, 2012, 4:15 AM

Top News

Susan Decker / Bloomberg:
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.
Rocky Agrawal / VentureBeat:
Groupon is threatening small merchants with lawsuits  —  This is a guest post, written by analyst and frequent VentureBeat contributor Rocky Agrawal.  —  Desperate times call for desperate measures.  —  I've noticed an uptick in recent months of the emails I'm getting from small businesses claiming …
Ryan Mac / Forbes:
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.
Alex Williams / TechCrunch:
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.
More: VatorNews and PC World
Eric Slivka / MacRumors:
Jack Marshall / Digiday:
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 …
Graham Spencer / MacStories:
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.
More: iClarified
Brian X. Chen / NYT Bits:
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.
Henry Blodget / Business Insider:
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.
More: broadstuff
Sarah Perez / TechCrunch:
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.
Steven M. Davidoff / DealBook:
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.
Declan McCullagh / CNET:
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.
Iain Thomson / The Register:
Anonymous takes down UK government websites in Assange attack  —  He's not the messiah; he's a very naughty boy  —  Anonymous is claiming to have begun shutting down UK government websites in protest of the treatment of Julian Assange.  —  At around 8pm UT, the UK Justice Department website went …
Jim Dalrymple / The Loop:
Apple stores see 300 million visitors in FY 2012, 50,000 Genius Bar visits a day  —  Apple opened its 374 and 375 retail store worldwide this weekend in Canada.  While meeting with Apple, I was able to get a few details about how the retail operation is going overall.
Frederic Lardinois / TechCrunch:
Motorola's New Patent Lawsuit Against Apple: The Details  —  On Friday, Google's Motorola Mobility filed a new lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington, seeking to ban the imports of virtually every Apple product into the U.S. At the time …

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Jon Russell / The Next Web:
iFixit: