Techmeme
November 3, 2012, 11:30 AM

Top News

Nick Bilton / NYT Bits:
Twitter to Add Photo Filters to Compete With Instagram  —  Twitter is finally learning a lesson from Facebook: If you can't buy it, build it.  —  In the coming months, Twitter plans to update its mobile applications to introduce filters for photos that will allow people to share altered images …
Alexia Tsotsis / TechCrunch:
Foursquare Looks Into An Fourth Round At An Over $700M Valuation, Investors Skeptical  —  Foursquare has been taking VC meetings recently, looking into raising a Series D round of funding of between $50 million and $100 million according to multiple sources.
More: Gizmodo.com UpdatesTweets: @raboisThanks:@loyalelectron
Richard Stallman / Wired:
Let's Limit the Effect of Software Patents, Since We Can't Eliminate Them  —  Patents threaten every software developer, and the patent wars we have long feared have broken out.  Software developers and software users - which in our society, is most people - need software to be free of patents.
More: Forbes
Josh Constine / TechCrunch:
Facebook Execs Start Selling Stock: Sandberg Cashes Just ~2% Of Her Stake For $7.4M But CAO Dumps Half  —  Facebook's executives gained the right to sell stock this week and three are now starting to cash out.  SEC docs show COO Sheryl Sandberg is selling 352,904 shares to pull in $7,440,696.93.
More: AllFacebook and Forbes
Timothy B. Lee / Ars Technica:
Uber says Chicago is trying to drive its sedans out of the city  —  The battle between the city of Chicago and Uber, a startup seeking to disrupt the taxi and limo industries, heated up this week.  Uber has already faced unwanted attention because its pricing model for taxis conflicted with Chicago regulations.
Chris Foresman / Ars Technica:
Apple increased R&D spending by $1 billion in 2012  —  Apple published its annual Form 10-K for 2012, a detailed (and tedious) fiscal report for investors required by the Securities and Exchange Commission.  Along with a summary of numbers for the past three years, the filing reveals spending …

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