Techmeme
October 6, 2012, 2:20 PM

Top News

Reuters:
Foxconn denies China iPhone plant hit by strike  —  (Reuters) - Foxconn, the Taiwanese made-to-order electronics giant that assembles Apple Inc's products, denied reports that a plant in China was crippled by a strike, saying on Saturday that its production is on schedule at an important time for Apple.
Josh Constine / TechCrunch:
Why Zynga Failed  —  The year was 2008 and Zynga had it all figured out.  Facebook became a portal to games for those who had never played.  Viral growth there was unchecked.  Facebook ad rates were low, so buying traffic was cheap.  And most games were played on the desktop.
Roger Cheng / CNET:
Android users outraged over Motorola's broken promise  —  Company concedes some customers got “a raw deal” in decision not to upgrade 2011 flagship devices to Ice Cream Sandwich  —  Doran Else bought his Photon 4G last October, lured by the fast dual-core processor and by the close relationship …
Ellis Hamburger / The Verge:
The bubble that wasn't: what happened to ‘people discovery’ apps?  —  The SXSW festival is known as a launchpad for new trends in mobile apps, and last year the prophets declared that GPS-enabled “people discovery” apps were the next big thing.  Open your phone and up pops a list of potential new best friends.
Martin Bryant / The Next Web:
Music streaming service Deezer has reportedly raised $130m from Access Industries  —  French newspaper Le Figaro is reporting that music streaming service Deezer has raised €100m ($130m) in funding from Access Industries, the company that owns Warner Music Group.  —  There's no doubt that the report holds some truth.
John Paczkowski / AllThingsD:
Still Not Enough iPhone 5s to Go Around  —  If iPhone 5 sales have not yet spiked to the heights investors had hoped, it's not because of limited demand.  It's due to a continuing shortfall in supply.  Two weeks after its retail debut, Apple's latest iPhone continues to be difficult to come by …
Leena Rao / TechCrunch:
Uber Sued By Taxi And Livery Companies In Chicago For Consumer Fraud And More  —  It's no secret that Uber's disruptive on-demand car and taxi service is ruffling the feathers of the taxi industry.  It seems that in every city in which Uber launches, there's legal pushback from the industry that the startup is disrupting.
Evelyn Rusli / Wall Street Journal:
Facebook to Halve Its Credit Line  —  There's at least one benefit to a slumping stock price: Lower taxes.  —  Facebook Inc. is planning to reduce a $3 billion line of credit that it received from its bankers prior to its May initial public offering to $1.5 billion, according to people with knowledge of the discussions.
Roger Cheng / CNET:
Google, LG to unveil Nexus phone at the end of the month  —  CNET has confirmed that the phone will be a modified version of the Optimus G. Other handset manufacturers could also release their own Nexus phones as well.  —  LG will finally get its own Nexus smartphone based on its recently unveiled flagship Optimus G, CNET has learned.

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