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6:55 PM ET, June 24, 2010

Techmeme

 Top Items: 
Alexander Macgillivray / Twitter Blog:
FTC Announcement  —  Early in 2009, when Twitter employed less than 50 people, we faced two different security incidents that impacted a small number of users.  Put simply, we were the victim of an attack and user accounts were improperly accessed.  There were 45 accounts accessed …
RELATED:
Federal Trade Commission:
Twitter Settles Charges that it Failed to Protect Consumers' Personal Information;  —  Company Will Establish Independently Audited Information Security Program Social networking service Twitter has agreed to settle Federal Trade Commission charges that it deceived consumers and put their privacy …
Cecilia Kang / Post Tech:
Twitter settles FTC charge on security, privacy violations
Discussion: Pulse2
RELATED:
Jason Chen / Gizmodo:
iPhone 4 Loses Reception When You Hold It By The Antenna Band?  —  This is a reader video found on Macrumors forums illustrating something weird.  When the guy holds the iPhone in his hands, touching the outside antenna band in two places, he drops reception.  Placing the phone down gets him 4 bars.
Jonny Evans / Computerworld:
iPhone 4: queues everywhere, selling out  —  iPhone-mania this morning as queues form across the US for Apple's must-have product, even as shops across the UK, France, Germany and Japan have already sold out following huge demand.  —  Video above: The queue outside Apple's flagship Regent Street, London store this morning.
RELATED:
Bloomberg:
Apple Might Sell 1 Million IPhones in New Model's Debut
Silicon Alley Insider:
iPhone 4 Lines Around The World (AAPL)
Discussion: The Register, The Wire, Inc.com and Apple
Sebastian Anthony / Download Squad:
Internet Explorer 9 destroys Chrome 6 in HTML5 speed test (video)  —  I think the video speaks for itself!  —  If you can't watch the video: IE9 is some orders of magnitude faster than Chrome when it comes to hardware-accelerated canvas rendering.  —  In some other initial benchmarks …
Farhad Manjoo / Slate:
Police Your Own Damn Copyrights  —  I changed my mind: The court was right to side with YouTube over Viacom.  In March, I criticized YouTube's founders for their apparent disregard for copyright law during the site's first few years of operation.  Internal e-mail messages that were released …
RELATED:
Matthew Belloni / Hollywood Reporter:
WHAT VIACOM'S LOSS TO YOUTUBE MEANS FOR HOLLYWOOD
Discussion: Techdirt
Paul Miller / Engadget:
iPhone 4's yellow spot issue goes away with a bit of time?  —  We're starting to hear a few reports of the dreaded yellow spots disappearing from the iPhone 4's display after a day or so of use.  Interestingly, someone posting on the AppleInsider forums seems to know why:
Farhad Manjoo / Fast Company:
Invincible Apple: 10 Lessons From the Coolest Company Anywhere  —  On Wednesday, May 26, 2010, just after 2:30 p.m., the unthinkable happened: Apple became the largest company in the tech universe, and, after ExxonMobil, the second largest in the nation.  For months, its market capitalization …
Discussion: Cult of Mac
Cecilia Kang / Post Tech:
Facebook snags White House economic advisor Levine as global policy head  —  Facebook said Thursday that it is expanding its global policy team and poached from the White House, hiring as its new vice president of global public policy, Marne Levine, chief of staff of the National Economic Council.
Matt Hamblen / Computerworld:
FaceTime really works in iPhone 4, new owners say  —  More than 400 people lined up this morning at one Apple Store in Massachusetts to get a new iPhone 4, and promptly started using FaceTime video chat as soon as they got the new smartphones.  —  NATICK, Mass. — More than 400 people lined …
Discussion: Gearlog, Gizmodo and GottaBeMobile
Tom McNichol / Business Week:
Adobe Battles the Flash-Bashing  —  With Steve Jobs sour on the Web software and not letting it into iPhones and iPads, Adobe is getting it in as many smartphones as possible  —  In the fast-moving world of mobile devices there are many battles brewing.  The one to watch may be the standoff …
Connie Loizos / PE Hub Blog:
Chicago is Not the Next Silicon Valley, But at These Prices, What a Shame  —  With so much attention paid this year to Groupon and it's reported valuation of north of $1 billion, numerous stories (including right here) have asked the question: is it Chicago's time to shine?
RELATED:
Esther Dyson / The Moscow Times:
Growing a Silicon Garden
Discussion: PE Hub Blog
Rich Cannings / Android Developers Blog:
Exercising Our Remote Application Removal Feature  —  Every now and then, we remove applications from Android Market due to violations of our Android Market Developer Distribution Agreement or Content Policy.  In cases where users may have installed a malicious application that poses a threat …
Cecilia Kang / Post Tech:
Lawmakers grill Apple CEO Jobs on location information gathering  —  Key lawmakers want to know from Apple how it collects and uses information about the geography of iPhone and iPad users through location-based applications.  —  Reps. Edward J. Markey (D-Mass.) and Joe Barton (R-Texas) …
JR Raphael / Computerworld:
Android 2.2 hits Nexus One — so who's next?  —  Ladies and gentlemen, the taste of Froyo may finally be upon us.  —  Numerous users of Google's Nexus One phone started receiving an Android 2.2 upgrade over-the-air on their devices Wednesday night.  Gauging by users' reports …
Ryan Lawler / NewTeeVee:
Fox Mobile Launches Its Mobile Hulu Lookalike, BitBop  —  Fox Mobile is rolling out its subscription mobile video service BitBop, making a wide range of TV content available on Blackberry mobile phones.  The service, which costs $9.99 a month, includes full-length TV shows from a number …
Jonny Evans / 9 to 5 Mac:
Apple ships iMovie for iPhone, available now  —  In tandem with this morning's introduction of the iPhone 4, Apple's iMovie for iPhone app is available now from the App Store.  —  As announced at WWDC, the app lets you make HD movies on your iPhone using video editing features carried across from iMovie on the Mac.
Jason Kincaid / TechCrunch:
BZZZZZZ: YouTube Gets A Vuvuzela Button (Seriously)  —  YouTube always has had a way with pranks.  Some time in the last hour, the world's largest video portal activated a new button on some videos that looks like a tiny soccer ball.  Clicking it will activate an endless …
Dianne See Morrison / mocoNews:
RIM Sales Miss Expectations On Disappointing Shipments; Plans Buyback  —  Research In Motion, the makers of the Blackberry, reported first quarter sales today that missed analyst expectations, amid evidence that the increased competition in the smartphone sector was taking its toll.
Discussion: MarketWatch, Reuters and Electronista
Barry Schwartz / Search Engine Land:
Yahoo's VP Of Search Consumer Products, Cornett Leaves  —  One of the most familiar faces left at Yahoo, that is until today, was Larry Cornett.  Larry was the vice president of search consumer products at Yahoo.  He has always lead Yahoo in their search advancements over the course of the past 4 years.
Richard MacManus / ReadWriteWeb:
Google's Semantic Web Push: Rich Snippets Usage Growing  —  At the Semantic Technology conference in San Francisco today, Google gave an update of its rich snippets initiative - which adds extra information to Google search results.  For example, showing restaurant review ratings.
Thanks:atul
Leena Rao / TechCrunch:
Amidst Turmoil, Linden Lab's CEO Steps Down  —  June has not been a good month for Linden Lab, the creator of virtual world Second Life.  A few weeks ago, the company announced that it was laying off 30 percent of its staff and taking Second Life into a new direction.
Adam L. / Fast Company:
Social Networking Affects Brains Like Falling in Love  —  Neuroeconomist Paul Zak has discovered, for the first time, that social networking triggers the release of the generosity-trust chemical in our brains.  And that should be a wake-up call for every company.  —  The essence of affection.
 
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 More Items: 
Jordan Robertson / Associated Press:
Oracle's net jumps 25 pct in first full Sun qtr
Jennifer Van Grove / Mashable!:
Twitpic Adds Twitter Places
Larry Dignan / ZDNet:
Amazon CTO Vogels counters ‘private cloud’ pitch
Carolina Madrid / Reuters:
Alibaba.com to buy U.S. e-commerce site Vendio
Mike Melanson / ReadWriteWeb:
Twitter Security Hole Found, Being Fixed, Company Says
Marco Tabini / PC World:
Tweetie Gets First Update Since Twitter Acquisition
Discussion: Mashable! and MacStories
 Earlier Items: 
Kevin Murphy / The Register:
.XXX to get ICANN nod
Discussion: Erictric
Michael Arrington / TechCrunch:
Review: Kirkpatrick's The Facebook Effect Is A Wonderfully Biased …
Discussion: Technology Review
Ed Burnette / ZDNet:
CNET retracts article on Android app privacy threat
Discussion: Computerworld and GMSV
Mike Masnick / Techdirt:
Could Accessing Your Own Data On Facebook Make You Criminally Liable?
Mark Milian / Los Angeles Times:
IFixit's ‘teardowns’ of Apple gadgets draw customers to its parts business
Discussion: L.A. Times Tech Blog
Joseph Tartakoff / paidContent:
GetJar, The ‘Wal-Mart For Mobile Apps,’ Raises $11 Million