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12:40 PM ET, March 24, 2011

Techmeme

 Top Items: 
Jason Kincaid / TechCrunch:
Color Looks To Reinvent Social Interaction With Its Mobile Photo App (And $41 Million In Funding)  —  $41 million.  From Sequoia Capital, Bain Capital, and Silicon Valley Bank.  Pre-launch.  —  That's how much a brand new startup called Color has to work with.
RELATED:
John Battelle / John Battelle's Searchblog:
Why Color Matters: Augmented Reality And Nuanced Social Graphs May Finally May Come of Age  —  I read with interest about Color, a new social photo app that was much in the news today.  The main angle of coverage was the size of the pre-revenue company's funding - $41 million from Sequoia and Bain.
Mathew Ingram / GigaOM:
Is Color's Team Worth $41M, Even if Its Idea Isn't?  —  The launch of a new mobile app called Color on Wednesday has caused a lot of buzz — not so much because of the app itself, but because of the massive sum of money the company raised before it even launched: a group of funds including Sequoia Capital gave …
Discussion: TechCrunch, NewsGrange and SAI
Liz Gannes / NetworkEffect:
Video: With $41M in Hand, Color Offers New Proximity-Based Social Network
Eric Hautala / The Windows Blog:
“Copy and paste” update status  —  Hello again.  As you might have heard, yesterday we kicked off our “copy and paste” update, which comes with a bunch of improvements for your phone.  Today I want to briefly explain where we are in the process—and also tell you about a new update-related …
RELATED:
Daniel Rubino / WPCentral.com:
Microsoft posts NoDo update status page, comes clean on process
Thomas Claburn / InformationWeek:
Motorola Mobility Building Web-Based OS  —  Hedging its bet on Android, Motorola is looking for a way to have more control over its destiny.  —  Motorola Mobility has hired a number of experienced mobile and Web engineers from Apple and Adobe and is developing a Web-based mobile operating system …
Michael Arrington / TechCrunch:
Amazingly, MySpace's Decline Is Accelerating  —  Between January and February 2011, says Comscore, worldwide unique visitors to MySpace declined by a staggering 14.4% from 73 million visitors to 63 million visitors.  It's about half of the audience they had a year ago.
Discussion: PC World, hypebot and WebProNews
Dan Primack / Fortune:
Google's former ad man joins Twitter  —  While we wait to find out if Jack Dorsey really is returning to Twitter full-time, here's some other personnel scoop from the micro-messaging juggernaut:  —  Satya Patel has quietly stepped down as a Silicon Valley-based partner with Battery Ventures, in order to join Twitter.
Discussion: WebProNews and TechCrunch
RELATED:
Peter Yared / VentureBeat:
How friend clusters could make Facebook intimate again  —  For a so-called social utility, Facebook has been getting more and more useless.  At first, Facebook friend overload was an early-adopter problem for overnetworked Silicon Valley insiders.  But now, friend overload is hitting the mainstream consciousness.
Discussion: mocoNews
Nate Anderson / Ars Technica:
Only 9% (and falling) of US Internet users are P2P pirates  —  In its 2010 annual report (PDF), recorded music's global trade body said that the industry would “struggle to survive unless we address the fundamental problem of piracy.”  Just how “fundamental” a problem is that piracy?
Sean Hollister / Engadget:
Samsung sees a Retina Display in your tablet future, and perhaps glasses-free 3D  —  Samsung gazed into its crystal ball today, and what did it see?  The pixel density of tablet screens drastically increasing.  Yes, while Apple may not have managed to cram a screen into the iPad 2 worthy …
Matt Rosoff / SAI: Silicon Alley Insider:
Microsoft Just Put A Hardware Guy In Charge Of Its TV Business  —  Microsoft has put a hardware veteran in charge of its interactive TV business, suggesting that the company is working on an answer to Google TV and Apple TV.  —  Tom Gibbons headed Microsoft Hardware — keyboards and mice …
Frederic Lardinois / NewsGrange:
Think Quarterly: Google Launches Its Own Online Magazine (Updated)  —  We hear a lot about Google's relationship with publishers, but this week the search giant also quietly launched its own online publication based in the UK.  Think Quarterly, which calls itself a “a breathing space in a busy world” …
Liz Gannes / NetworkEffect:
More on Facebook Deals: Will Include Only Social Experiences, May Use Credits  —  A test version of the new Facebook Deals product will launch shortly, as has been reported and assumed for some time.  —  NetworkEffect spoke to Facebook and people familiar with Facebook's plans about how the program …
Katie Hoffmann / Bloomberg:
Apple 50% Sales Growth May Continue Through 2012 on Mobile Boom  —  Apple Inc. (AAPL) can keep posting sales growth of more than 50 percent in the next two years as a mobile applications boom fuels demand for devices such as the iPad, said the chief executive officer of Forrester Research Inc. (FORR)
Robin Wauters / TechCrunch:
Boom!  Walgreens Buys Online Retailer Drugstore.com For $409 Million  —  Drugstore juggernaut Walgreens this morning announced that it will acquire online retailer Drugstore.com in a transaction with a total enterprise value of approximately $409 million.  —  As a result of the merger …
Tim Conneally / BetaNews:
Steve Jobs says ‘No Interest’ in iPhone 4 radiation app, devs release it anyway  —  Tawkon, makers of a mobile application that measures cellular radiation, have been blocked from releasing their app for iPhone.  In response, the company on Wednesday released the tawkon app for iPhone via the Cydia jailbreak.
Jason Kincaid / TechCrunch:
YouTube Now Helps You Make Movies...Without A Camera  —  By now you're undoubtedly familiar with the incredible amount of footage that's uploaded to YouTube — the current count is 35 hours of video uploaded every minute.  And with video cameras integrated into smartphones, tablets …
Michael Arrington / TechCrunch:
Venture Capitalists May Hate AngelList, But They're Still Using It  —  AngelList, a sort of social network that brings entrepreneurs and investors together to talk about and fund deals, is more controversial than the average Joe might think.  But one thing's clear, top tier venture capitalists are using the site to find companies.
Miguel Helft / Bits:
Textbook Renter Chegg Becomes More Social  —  Chegg is known as the Netflix of college textbooks.  The Silicon Valley start-up, which has raised more than $200 million in debt and equity, allows students to rent costly college textbooks, rather than buy them.  When the semester is over, they ship the books back and order new ones.
Discussion: ReadWriteWeb, VatorNews and VentureBeat
Steve Schultze / Freedom to Tinker blogs:
Web Browsers and Comodo Disclose A Successful Certificate Authority Attack, Perhaps From Iran  —  Today, the public learned of a previously undisclosed compromise of a trusted Certificate Authority — one of the entities that issues certificates attesting to the identity of “secure” web sites.
Janko Roettgers / GigaOM:
Data Science Toolkit Brings Big Data Analysis to the People  —  Pete Warden has been analysing big data on the cheap for years, and he wants you to be able to do the same: Warden, who got famous for scraping 220 million Facebook profiles, unveiled his Data Science Toolkit …
Discussion: PeteSearch, ReadWriteWeb and eWeek
Matt Brian / The Next Web:
Samsung Apps Pass 100 Million Downloads In Ten Months  —  Samsung has announced that downloads across its mobile and TV application stores have surpassed the 100 million barrier, reaching the milestone within ten months.  —  The Samsung Apps service launched with the Samsung Wave (GT-S8500) …
Discussion: VentureBeat and Engadget
BBC:
US hacker denies fleeing justice  —  The hack of the PS3 lets owners play “homebrew” applications on the hardware  —  The American hacker who unlocked Sony's PS3 has denied fleeing the country to avoid legal action.  —  George Hotz, also known as Geohot, said his trip had been planned …
Bloomberg:
Google Said to Face Possible Antitrust Probes by Ohio, Wisconsin Officials  —  Google Inc. (GOOG), operator of the world's biggest search engine, faces possible antitrust probes by Ohio and Wisconsin over its business practices, according to a state official and a person familiar with the matters.
 
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 More Items: 
Andrew Munchbach / BGR:
Netflix issues apology, service credit for Instant downtime
Discussion: 9 to 5 Mac
Peter Kafka / MediaMemo:
Twitter Uses Sulia For Curation
Discussion: ReadWriteWeb, Betabeat and SAI
Neil Hughes / AppleInsider:
Users report freezing issues with FaceTime on Apple's iPad 2
Naked Security / Sophos:
Two years in jail for Zynga poker hacker
Discussion: VG247 and Joystiq
Horace Dediu / asymco:
The American Wireless Galapagos Syndrome: How the industry set itself up for a rout
Rachel Gordon / SFGate:
Twitter tax break moves forward
Walter S. Mossberg / Personal Technology:
Verizon's ThunderBolt Moves Like Lightning
Discussion: @kabster728
 Earlier Items: 
Gregg Keizer / PC World:
RIM Bows to Pressure, Yanks BlackBerry DUI Checkpoint App
Chris Dixon / cdixon's posterous:
MIT is a national treasure
Bloomberg:
Barnes & Noble Said to Be Likely to End Search Without Buyer
Discussion: Kindle Review and BloggingStocks
New York Times:
Swiping Is the Easy Part
Discussion: MediaFile and SAI
Mary Jo Foley / All about Microsoft Blog:
Microsoft readies tool for managing iPads, iPhones and Android devices