Techmeme
August 27, 2012, 9:40 AM

Top News

Bryan Bishop / The Verge:
Google responds to Apple v. Samsung verdict: most claims 'don't relate' to ‘core Android’  —  In the wake of Friday's $1.049 billion jury verdict, Apple and Samsung quickly released statements to the press — but one company that remained conspicuously silent was Google.
Matt Burns / TechCrunch:
Apple Stock Opens At New Record High Of $680 At A $637B Market Cap After Samsung Patent Win  —  Hear that?  It's the sound of corks popping as Apple's stock price rocketed to new highs.  Following Apple's landmark victory against Samsung late Friday night, the company's stock price …
Jon Russell / The Next Web:
Samsung: We are the ones prioritizing innovation over litigation  —  Samsung has released details of an internal memo sent to employees following Friday's crushing US legal defeat to Apple.  Though the verdict hit the Korean company hard — to the tune of more than $1 billion — it still believes …
Steven Musil / CNET:
Samsung shares down 7 percent after Apple patent verdict  —  The Korean electronics giant's stock experiences greatest one-day decline in four years after a jury in a closely-watched patent infringement trial awarded Apple more than $1 billion.  —  Shares of Samsung Electronics registered …
Ingrid Lunden / TechCrunch:
Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash  —  Update: The news has now been confirmed.  The $300 million acquisition price includes About.com, ConsumerSearch.com and CalorieCount.com and the deal will close in the next several weeks.  Full release below.
Robert McMillan / Wired:
Darpa Has Seen the Future of Computing ... And It's Analog  —  By definition, a computer is a machine that processes and stores data as ones and zeroes.  But the U.S. Department of Defense wants to tear up that definition and start from scratch.  Through its Defense Advanced Research Projects Agency …
Barb Darrow / GigaOM:
Surprise!  VMware will join OpenStack  —  Just in time for VMworld, VMware is about to join the OpenStack Foundation as a Gold member, along with Intel and NEC, according to a post on the OpenStack Foundation Wiki.  The applications for membership are on the agenda of the August 28 OpenStack Foundation meeting.
More: The H Open SourceThanks:@gigabarb
David Streitfeld / New York Times:
Book Reviewers for Hire Meet a Demand for Online Raves  —  TODD RUTHERFORD was 7 years old when he first understood the nature of supply and demand.  He was with a bunch of other boys, one of whom showed off a copy of Playboy to giggles and intense interest.
Brendan Sasso / Hillicon Valley:
FCC eyes tax on Internet service  —  The Federal Communications Commission is eyeing a proposal to tax broadband Internet service.  —  The move would funnel money to the Connect America Fund, a subsidy the agency created last year to expand Internet access.  —  The FCC issued a request for comments on the proposal in April.
Leena Rao / TechCrunch:
VC Transparency Is The New Black  —  When Instagram was bought by Facebook earlier this spring for $1 billion, one question lingering on everyone's minds was how much VC firm Andreessen Horowitz made on the deal.  The firm had made an early investment in the photo sharing startup but then bet …

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Dante D'Orazio / The Verge: