Techmeme
August 23, 2012, 1:15 AM

Top News

Matthew Panzarino / The Next Web:
Tumblr becomes next property after Instagram to have Twitter friend-finding privileges revoked  —  Updated below with Tumblr's confirmation.  —  The enormous blogging platform Tumblr appears to have become the next property after Instagram to have its friend-finding privileges revoked.
Dustin Curtis / dcurt.is:
Black Widow  —  Twitter has an enormous advantage over Facebook in one key area: while people on Facebook tend to friend their friends, people on Twitter tend to follow their interests.  The following graph from Twitter is worth far more on a per-account basis because it is directly monetizable …
More: BranchTweets: @joshm, @furrier and @howardlindzon
Matt Buchanan / BuzzFeed:
The Twitter Hit List  —  Why your favorite apps are in danger of annoying Twitter.  And what Twitter is going to do about it.  —  Twitter's Olympics page  —  Twitter used to be something like a utility, but at some point along the way it decided to become a media company.
Bob Quinn / AT&T Public Policy Blog:
Enabling FaceTime Over Our Mobile Broadband Network  —  Last week, we confirmed plans to make FaceTime available over our mobile broadband network for our AT&T Mobile Share data plan customers.  —  FaceTime is a video chat application that has been pre-loaded onto every AT&T iPhone since the introduction of iPhone 4.
Josh Constine / TechCrunch:
Facebook Officially Launches “Sponsored Results” Search Ads  —  While it hasn't been publicly announced, Facebook is now telling marketers the Sponsored Results search typeahead ad unit it began testing last month “launches today”.  It lets marketers target users searching for specific apps …
Jordan Golson / MacRumors:
Apple Pulls ‘Genius’ TV Ads from YouTube and Apple.com  —  Apple has removed the controversial ‘Genius’ TV spots from its YouTube channel and from the Apple.com marketing page for the Mac.  The ads were poorly received with some critics asking if it was a good idea to make potential customers seem clueless.
Josh Constine / TechCrunch:
Why The FTC Let Facebook Buy Instagram: FB Camera Is Tiny, IG Makes No Money, And Google  —  Evidence from Facebook and Instagram plus analysis from outside experts has convinced the Federal Trade Commission to today approve the landmark acquisition.  After four months of investigation, it's also revealed why.
Matthew Panzarino / The Next Web:
Josh Constine / TechCrunch:
How Big Is Facebook's Data?  2.5 Billion Pieces Of Content And 500+ Terabytes Ingested Every Day  —  Facebook revealed some big, big stats on big data to a few reporters at its HQ today, including that its system processes 2.5 billion pieces of content and 500+ terabytes of data each day.
Olga Kharif / Bloomberg:
Zynga Spurning Sale Strands Owners At Worst Web Value  —  Zynga Inc. (ZNGA)'s operations are getting the least credit in public markets among Internet media companies, and management's refusal to consider a sale as growth slows is blocking an avenue for shareholders to recoup losses.
More: PC Magazine and Forbes
Charles Starrett / iLounge:
Purported next-gen iPhone charge/sync cable appears online  —  A single photo of a purported charge and sync cable for the next-generation iPhone has appeared online.  A representative of Veister.com alerted iLounge to the picture, which has been posted to Twitter.
Kellex / Droid Life:
Verizon's Optimus Vu Dubbed LG Intuition, Priced at $199 on Contract  —  It's no secret that Verizon has plans to introduce LG's big ol' Optimus Vu here in the States.  After all, it already cruised through the FCC, showed up in the wild in an entire gallery of pictures, and was outed as arriving this quarter in an LG press release.
The United States Department of Justice:
Federal Courts Order Seizure of Three Website Domains Involved in Distributing Pirated Android Cell Phone Apps … WASHINGTON - Seizure orders have been executed against three website domain names engaged in the illegal distribution of copies of copyrighted Android cell phone apps …
Claire Cain Miller / New York Times:
In Google's Inner Circle, a Falling Number of Women  —  MOUNTAIN VIEW, Calif. — At Google, data is king.  Now the company is using data to figure out if it can anoint a few queens.  —  The company hopes its famous algorithms can solve one of the most vexing problems facing Silicon Valley: how to recruit and retain more women.
Leena Rao / TechCrunch:
Social Network Tagged Raises $15M; Revenue Grew 35 Percent To $43M In 2011  —  Tagged, a social network for meeting new people, has raised $15 million in growth capital financing from Lighthouse Capital Partners and Comerica Bank.  The company previously raised $9 million in funding.
Troy Wolverton / Mercury News:
OnLive owed $30 million to $40 million, was facing imminent shutdown  —  At the time of its insolvency last week, streaming game company OnLive was in far greater trouble than was publicly known.  —  The company owed $30 million to $40 million to various creditors and had little money to pay them.

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Claire Cain Miller / NYT Bits: