December 28, 2012, 6:20 PM

Top News

Zachary M. Seward / Quartz:
How a bogus claim about Instagram losing users made Facebook's stock drop nearly 3%  —  Facebook's stock dropped 2.9% in its first minutes of trading this morning.  Investors were likely responding to a report in the New York Post that Instagram, the photo-sharing that Facebook acquired this year …
Robin Wauters / The Next Web:
Lulu Yilun Chen / Bloomberg:
China Passes Law Requiring People Identify Themselves Online  —  China passed rules today requiring people to identify themselves when signing up for Internet and phone services, as the Communist Party tightens control over the world's largest population of web users.
Michael M. Grynbaum / City Room:
Crime Is Up and Bloomberg Blames iPhone Thieves  —  Hold onto your iPhones!  —  Crime in New York City inched up this year, and Mayor Michael R. Bloomberg on Friday fingered the culprit: too many iPhones and iPads were being swiped.  —  A rise in thefts of shiny Apple products accounted …
Katie Notopoulos / BuzzFeed:
How Anybody Can Secretly Save Your Snapchat Videos Forever  —  The videos you send through Snapchat and Poke are supposed to disappear in 10 seconds or less.  Except a security flaw makes it easy to save them forever — without the sender ever knowing.  —  Via:
Ted Mann / Wall Street Journal:
Next Stop for New York Subway: An App to Track Trains  —  NEW YORK—America's largest subway system is preparing to launch a smartphone application that will reveal train-arrival times on seven of the city's 24 lines—a leap forward for a service that has lagged behind its peers both at home and abroad in adopting new technologies.
Robert Andrews / paidContent:
Pearson buys $89.5m Nook stake to secure book distribution  —  Talk about vertical integration.  Pearson is taking a five percent stake in newly-reconfigured ebook device and retail brand Nook Media in order to gain favourable distribution for its education books.
Adi Robertson / The Verge:
Senate votes to let the NSA keep spying on you without a warrant until 2017  —  The US Senate has voted to approve the FAA Sunsets Extension Act of 2012, which will authorize warrantless surveillance of Americans for counter-terrorism purposes for another five years.
John Koetsier / VentureBeat:
For every 100 web pageviews on an iPad, a Kindle gets 5, a Galaxy gets 3, and a Surface gets 0.22  —  Non-iPad web traffic is growing, but it's still a tiny fraction of what Apple's iconic tablet pulls in.  —  Advertising and analytics company Chitika released its December 2012 tablet market update …
Megan Geuss / Ars Technica:
McAfee Labs predicts the decline of Anonymous  —  Computer security firm McAfee Labs released its annual Threat Predictions report today, taking a look at what we'll see (and hope not to see) on 2013's deck of malware and viruses.  Interestingly, McAfee's analysis predicts a decline in Anonymous' attacks …
John Paczkowski / AllThingsD:
RIM's First Patent Payment to Nokia: $65 Million  —  When Research In Motion settled its patent dispute with Nokia last week, the company agreed to make a “one-time payment and on-going payments” to its Finnish adversary.  But the size of those payments wasn't disclosed, and the terms of the deal kept confidential.
Colleen Taylor / TechCrunch:
Lyft Staffing Up In Seattle And Los Angeles As It Looks To Expand Its Ride-Sharing Service Beyond SF  —  Lyft, the local on-demand ride-sharing service operated by the startup Zimride, is apparently not letting recent regulatory hurdles cramp its style.  —  Lyft, which launched …
Frederic Lardinois / TechCrunch:
Amazon Makes It Easier To Host Static Web Pages On S3  —  S3 is Amazon's cloud storage service for developers, but you can also use it to host static web pages on the cheap.  Amazon introduced this feature about a year ago and today, it is making it even easier to run basic sites on S3 …

Sponsor Posts

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What consumers have to say about Bitcoin, P2P, social spending and more  —  We asked 7000 digital consumers how they expect to pay for digital goods & services in the future.  The results are in.
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Jamie Rigg / Engadget: