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August 23, 2012, 8:45 AM
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| 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.
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Marco.org, The Verge, SlashGear, The Next Web, CNET, PC Pro, Mashable!, Audrey Watters and VentureBeat
Tweets: @gaberivera, @adamnash, @spencerchen, @antderosa, @theromit, @marcoarment, @peretti, @dcurtis, @parislemon, @semil, @arrington, @soundboy, @danielpunkass, @cdixon and @qthrul
| 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 …
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Betabeat, Branch, BuzzFeed, AllTwitter, SplatF, Colin Walker and memeburn
Tweets: @joshm, @howardlindzon and @furrier
| 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.
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Softpedia News
| Anthony Ha / TechCrunch: |
Tumblr ‘Truly Disappointed’ That Twitter Revoked Its Friend-Finding Privileges — Twitter isn't done with its efforts to take tighter control of its API — now Tumblr users can no longer search for their Twitter friends when they sign up on the microblogging service. — Twitter did the same thing to Instagram last month.
More:
Business Insider and The Next Web
| Rachel Metz / Technology Review: |
Fred Wilson — The well-known investor behind the likes of Twitter and Foursquare says venture capital funds have gotten too big. — Fred Wilson, managing partner at Union Square Ventures, is a preëminent figure in venture capital. He's been at it for 25 years … | John Cook / GeekWire: |
Dave McClure is ripping VCs again: They're f***ing arrogant and stupid a**holes — Dave McClure on his way to BC on “Geeks on a Train.” Photo via Kyle Kesterson. — Dave McClure is not your typical venture capitalist. He wears T-shirts and flip flops, and cusses like a sailor.
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VentureBeat
| Miyoung Kim / Reuters: |
LG says started production of new screen, as Apple plans product launch — (Reuters) - Flat-screen maker LG Display has started mass production of a new and thinner display, widely speculated to be for use in Apple Inc's next iPhone, and the display's production schedule remains in line … | Josh Constine / TechCrunch: |
Why The OFT And 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.
More:
digitaltrends.com, memeburn, PetaPixel and 1001 Noisy Cameras
| Matthew Panzarino / The Next Web: |
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The Register, Inquirer, TechCrunch, Macworld, DealBook, SocialTimes, Inside Facebook, Mashable!, Engadget, The Technology Chronicles, PC Magazine, Business Insider, Business Insider, BBC, GigaOM, The Verge, VentureBeat, SiliconBeatSiliconBeat, CNET, Federal Trade Commission and AllThingsD. Tweets: @parislemon. Thanks:@chiizhao
| 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.| 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 … | Ellis Hamburger / The Verge: |
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Inquirer, Facebook Newsroom, The Next Web, The Next Web, TechCrunch, Gizmodo and CNET
| 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.| 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.| 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.
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Business Insider
| 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.
More:
VentureBeat and CNET
| Megan Geuss / Ars Technica: |
California state legislature approves Location Privacy Act — California's state legislature passed the Location Privacy Act of 2012 (SB-1434) on Wednesday, which would make it mandatory for law enforcement agencies to obtain a warrant before gathering any GPS or other location-tracking data …
More:
Inquirer, ZDNet, Electronic Frontier Foundation and aclunc.org
| Ryan Singel / Wired: |
Sabu Gets 6-Month Sentencing Delay for Continuing to Help Feds — Sabu, the hacker who turned informant on the rampaging Anonymous offshoots Antisec and LulzSec, is getting a six-month reprieve from being sentenced on 12 counts of violating federal law, due to his continued cooperation with the feds, prosecutors told a court Tuesday.
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The H Security, ZDNet, Softpedia News, Inquirer, Gizmodo and Daily Dot
| 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.
More:
PhoneArena, GadgeTell, Android News, Rumours …, BGR, Engadget, MobileWhack.com, The Verge and Pocketnow
| Louis Goddard / The Verge: |
UK supermarket Sainsbury's to launch own-brand video streaming service — British supermarket chain Sainsbury's is partnering with digital entertainment provider Rovi to launch a new video streaming service. Part of the company's Sainsbury's Entertainment division, the service …
More:
Engadget, TechRadar.com, J Sainsbury plc, Pocket-lint, paidContent and Inquirer
| Nate Ralph / The Verge: |
Boost and Virgin launch new Android smartphones: Galaxy S II, Galaxy Reverb (hands-on photos) — Prepaid carriers Boost Mobile and Virgin Mobile are getting their own Samsung Galaxy phones, set to arrive in September. Boost will be getting the Samsung Galaxy S II 4G, a WiMAX-enabled version of the near-ubiquitous smartphone.
More:
Engadget, LAPTOP Magazine, IntoMobile, AllThingsD and Phones Review
| Alex Williams / TechCrunch: |
Mocana Raises $25 Million To Address Mobile App And Smart Device Security Market — Mocana has raised $25 million in new funding from Trident Capital for the provider's mobile app and smart security solutions. The Series D round gives Mocana $47 million in total investment.| Dennis Fisher / threatpost: |
Google Building Privacy Red Team — Google, which has come under fire for years for its privacy practices and recently settled a privacy related case with the Federal Trade Commission that resulted in a $22.5 million fine, is building out a privacy “red team”, a group of people charged …
More:
CNET, Help Net Security, ZDNet, TechWeekEurope UK and Softpedia News
| 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.
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