Techmeme
September 29, 2012, 2:40 PM

Top News

Amit Agarwal / Digital Inspiration:
Apple Drops the “Most Powerful Mapping Service Ever” Claim  —  Apple's CEO Tim Cook has honestly admitted that Apple Maps isn't as good as competing mapping services but the Apple website made a slightly contradictory claim.  It said: … Apple Maps may be beautiful for some regions …
Nicholas Carlson / Business Insider:
Take A Closer Look At The Icon For Apple's Terrible Maps App  —  iPhones used to come with Google Maps, but Apple booted Google after the two companies were unable to negotiate a new deal.  —  The whole thing fell apart over turn-by-turn directions.  —  The problem for Apple is, everyone (well, almost everyone) hates their maps app.
John Boudreau / Mercury News:
Apple taps obscure Asian suppliers to bring the iPhone and other products to the masses  —  BADE, Taiwan — On a November afternoon two years ago, a taxi pulled up to the gate of Ta Liang Technology, one of countless nondescript companies that make up the global gadget supply chain.
Noah Kagan / OkDork:
Why I got Fired from Facebook (a $100 Million dollar lesson)  —  Can I be real with you?  Real real?  —  I'm TIRED of answering this question so I'd rather write it out and just point people to this post.  —  Let me start in reverse.  —  I can tell you every detail of the day I got fired aka …
More: Business InsiderTweets: @jowyang
Scot Wingo / Amazon Strategies:
Amazon Lending - Amazon starts loaning capital to sellers to help them scale  —  Sellers are reporting that Amazon has started an interesting new program called Amazon Lending from Amazon Capital Services Inc. (at amazoncapital.com which redirects to amazonservices.com for now).
Frederic Lardinois / TechCrunch:
The FeedBurner Deathwatch Continues: Google Kills AdSense For Feeds  —  As part of its latest round of “spring cleaning,” Google just announced that it is shuttering AdSense for Feeds.  The service, which allows publishers to earn a bit of extra revenue by adding Google's ads to their RSS feeds …
David Carnoy / CNET:
Nook GlowLight e-reader price drops to $119  —  Just ahead of Amazon shipping out its highly anticipated Kindle Paperwhite, the Nook GlowLight gets a price chop.  —  As Amazon gets set to ship out the Kindle Paperwhite, its new e-ink e-reader that features an integrated light, its chief rival appears to be getting a price cut.
Kim-Mai Cutler / TechCrunch:
Facebook Shares Jump More Than 6% After Gifts Launch.  (Hooray For New Revenue Streams.)  —  Well, Facebook shareholders sure like the sound of Gifts.  —  Around Wall Street's close yesterday, the company launched a much anticipated e-commerce initiative that lets Facebook users send real …
Robin Wauters / The Next Web:
Bootstrap creators leave Twitter for Obvious and GitHub but vow to keep working on open-source project  —  Mark Otto and Jacob Thornton (aka @mdo and @fat), who jointly cooked up front-end Web app development toolkit Bootstrap whilst working at Twitter, have decided to leave the social networking company after 2.5 years.

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