Techmeme
October 24, 2012, 6:50 PM

Top News

Reuters:
Apple's Schiller defends iPad mini's price tag  —  (Reuters) - Apple marketing wizard Phil Schiller defended the $329 price of the new iPad mini tablet, saying consumers will be willing to pay for quality not found in less expensive devices from rivals like Google and Amazon.
Reuters:
Dutch court says Samsung does not infringe Apple patent  —  (Reuters) - A Dutch court ruled on Wednesday that Samsung Electronics does not infringe an Apple patent by using certain multi-touch techniques on some Galaxy smartphones and tablet computers.  —  “With these products Samsung does …
Kim Zetter / Wired:
How a Google Headhunter's E-Mail Unraveled a Massive Net Security Hole  —  It was a strange e-mail, coming from a job recruiter at Google, asking Zachary Harris if he was interested in a position as a site-reliability engineer.  —  “You obviously have a passion for Linux and programming,” the e-mail from the Google recruiter read.
More: The Register, Betabeat and The VergeTweets: @csoghoianThanks:@_trendspotter
Mathew Honan / Wired:
Microsoft Dives Deep to Surface a Hit  —  Nobody asked me about my Surface.  I tried flashing it all over the place.  But despite my best efforts, no one seemed curious.  —  At Victrola Coffee Roasters in Seattle, I sat in the front window, with a hot pink Touch Cover attached, intentionally conspicuous.
Ellis Hamburger / The Verge:
‘Letterpress’ for iOS: Tweetie creator emerges from year of silence with addictive word game  —  The inventor of ‘pull-to-refresh’ and Twitter for iPad takes a stab at gaming  —  Almost one year ago Loren Brichter left Twitter, largely leaving the public eye “to figure out what's next.”
Alex Wilhelm / The Next Web:
Facebook's final Instagram purchase price: $715 million in cash and stock  —  Today Facebook detailed the final Instagram purchase information in its 10-Q. The company stated that the final purchase of Instagram will sit in its accounting as $521 million.  —  That figure was arrived …
More: CNET and VentureBeatThanks:@harrisonweber
Jason Cohen / A Smart Bear:
The rise of the “successful” unsustainable company  —  It's appalling what passes for “successful entrepreneurship” in the press or the Valley, but it's not their fault.  —  Witness, for example, this terrific Fast Company article on Bill Nguyen, serial entrepreneur who's seventh startup …
Gavin Clarke / The Register:
Microsoft has no plans for a second Windows 7 Service Pack  —  You don't like it?  Hey - had you thought of Windows 8?  —  Exclusive Waiting for a second Windows 7 Service Pack?  Keep waiting - it doesn't sound like Microsoft will be releasing one.  —  Sources close to Microsoft's …
Ingrid Lunden / TechCrunch:
Square Takes Its First International Step: Payment Service Now Live In Canada  —  Square has taken its first step outside of the U.S. for its mobile payment service: it is now live in Canada.  The company said today that its mobile card reader/processor is now available nationwide …
Emil Protalinski / The Next Web:
News.me shuts down iOS apps to focus on Digg, blames new Twitter requirements  —  News.me, the social news service built on top of Twitter (and Facebook), today announced it is killing its curation apps for iPhone and iPad.  The company is blaming Twitter for the move and says it wants to focus on its Digg efforts instead.
Nicole Perlroth / New York Times:
Cyberattack on Saudi Oil Firm Disquiets U.S.  —  The hackers picked the one day of the year they knew they could inflict the most damage on the world's most valuable company, Saudi Aramco.  —  On Aug. 15, more than 55,000 Saudi Aramco employees stayed home from work to prepare …
More: The Verge
Kim-Mai Cutler / TechCrunch:
Japan's GREE Acquires Game Developer Pokelabo For $173M  —  Bolstering its arsenal of first-party games for the Japanese market, GREE acquired developer Pokelabo for $173 million in an all-cash deal.  Asia-focused venture capital firm DCM gets a win with this acquisition as it had a little over 20 percent of the company.

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Adi Robertson / The Verge:
Daniel Cooper / Engadget:
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