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1:15 PM ET, March 20, 2011

Techmeme

 Top Items: 
Snaptu blog:
We've agreed to be acquired by Facebook!  —  The Snaptu team is excited to announce today that we recently agreed to be acquired by Facebook.  —  Our goal when we founded Snaptu in 2007 was to provide useful and innovative services to the 95 percent of mobile users that don't have access to advanced smart phones.
RELATED:
Robin Wauters / TechCrunch:
Confirmed: Facebook Acquires Snaptu (For An Estimated $60 - $70 Million)  —  According to several Israeli business newspapers (TheMarker, Calcalist) Facebook has acquired Snaptu for an estimated $60 - $70 million, although some reports peg the price lower, at around $40 million.
Discussion: GeekWire and The Next Web
Elizabeth Spiers / Spiersblr:
HOW NOT TO INTERACT WITH THE MEDIA 101, courtesy of Hashable CEO, Mike Yavonditte:  —  1. See a negative op-ed about your company wherein the author uses a metaphor describing you being a velvet rope telling people they're not “Hashable” enough.  —  2. Utterly fail to grasp metaphor.
RELATED:
Mike Taylor / Betabeat:
Hashable Is Worthless  —  If there's one thing I hate more than burning my potatoes when I'm trying to create an awesome breakfast moment with a lady I met the night before, it's Hashable, the application that lets users flaunt their social connections by broadcasting updates on their every encounter.
Discussion: @coreypein
Laurie Sullivan / MediaPost:
Apple's Safari Browser Gives Search Marketers Headaches  —  Apple's dominance on tablets and smartphones presents a threat to accurately measure and optimize the performance of paid-search marketing campaigns.  —  Search firm Marin Software published a white paper Tuesday based on findings …
Discussion: TUAW
Alexis Madrigal / The Atlantic Online:
Does Anne Hathaway News Drive Berkshire Hathaway's Stock?  —  Given the awesome correlating powers of today's stock trading computers, the idea may not be as far-fetched as you think.  —  A couple weeks ago, Huffington Post blogger Dan Mirvish noted a funny trend: when Anne Hathaway was in the news …
Discussion: Neatorama
Michael Arrington / TechCrunch:
Google Ventures Launches $10,000 Startup Referral Program For Employees  —  If you're a Google employee and you know about a stealth startup that wants funding, you can pocket a cool $10,000.  The Google Ventures team announced the new program at Google's weekly all-hands “TGIF” meeting, earlier this afternoon.
Laura Kusisto / Betabeat:
Apple Sour on Grand Central  —  Apple's plans to bring the world's largest iStore to Grand Central always seemed to defy all laws of taste, landmarks preservation and possibly even physics.  —  Apparently, Apple has reached the same conclusion, because a source close to the M.T.A. has confirmed …
Fred / A VC:
The War For Talent  —  Steve Blank says in his New Rules For The New Internet Bubble: … I'm hearing this from everyone I know in Silicon Valley.  And you can see the evidence on the web.  —  Joshua Schachter posted this on his twitter feed yesterday.  This is what a new developer gets when they show up at work at Tasty Labs.
James Temple / San Francisco Chronicle:
Do not track tools push firms to crossroad  —  Hundreds of millions of Web surfers finally have the ability to easily tell marketers they don't want their online activities monitored.  —  Microsoft's updated Internet Explorer browser released on Tuesday and the new version of Mozilla's Firefox set …
Sarah Lacy / TechCrunch:
RIP Digg.  —  Startups in Silicon Valley are like old generals.  They don't die anymore, buoyed on life-rafts of lingering venture capital and modest revenues.  They just fade away, eventually purchased for assets that are a shadow of their former promise.  It's pretty clear that Digg is on that path.
MG Siegler / TechCrunch:
Netflix Original Content Is Much More Than A Strategy Shift — It Could Shift An Industry  —  Three years ago, if you had asked people to choose between cable television and Netflix, the vast majority would have laughed at you.  A DVD-by-mail service versus thousands of pieces of content always at your fingertips?
Steve Blank:
New Rules for the New Internet Bubble  —  We're now in the second Internet bubble.  The signals are loud and clear: seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble.
Discussion: Howard Lindzon and p2pnet
RELATED:
Paul Kedrosky / Paul Kedrosky's Infectious Greed:
The Top Ten Signs the Valley is on Tilt Again
Discussion: @owenthomas
 
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 More Items: 
Kenna McHugh / SocialTimes.com:
Top 100 Socially Networked Cities
Discussion: Mashable!
Devindra Hardawar / VentureBeat:
Report: Verizon iPhone snagged 4.5% of iPhone mobile ad impressions in Feb.
Thanks:devindra
Bloomberg:
Bloomberg Game Changers: Marc Andreessen
Discussion: SAI
 Earlier Items: 
Courtney Boyd Myers / The Next Web:
Security hole spotted in Tumblr