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2:10 PM ET, March 25, 2011

Techmeme

 Top Items: 
Ben Parr / Mashable!:
Color to Get Major Update, Fix ‘Loneliness’ Problem  —  Color, the dynamic photo-sharing app that made a splash with its launch yesterday, is already hard at work on the next version of its app.  The update will directly address user criticism about the app's apparent lack of utility when a user's friends aren't nearby.
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Mike Melanson / ReadWriteWeb:
Color CEO: The Tech Justifies the $41 Million  —  Last night, an app called Color hit the app stores for both iOS and Android.  It made a big splash for a number of reasons, not the least of which being its $41 million prelaunch funding.  It has all-star founders who have an impressive track record.
Henry Blodget / SAI:
Here's What No One Seems To Understand About Color's $41 Million Round  —  A startup named Color has raised $41 million of capital.  —  This news has obsessed the tech world and beyond for the past 48 hours, with the majority of the peanut gallery huffing and snorting about how it's obviously ridiculous and a clear sign of a bubble.
Seth Weintraub / 9 to 5 Mac:
iPad 2′s thinner glass is remarkably stronger than iPad 1  —  Remember when we discovered that the iPad 2 glass was about 27% thinner than iPad 1?  The natural assumption was that the iPad 2 would be weaker than iPad 1 when it came to its glass front end.  The iPhone repair experts at iFixyouri wanted to test that theory...
Jim Moran / Yipit Blog:
Dead Heat: Groupon Down Another 32% in March, LivingSocial Ties It Up  —  We were all surprised to see Groupon's US revenue decline 30% in February, but apparently that's just the beginning.  —  Yipit, as a daily deal aggregator, indexes offers from more than 400 services, including Groupon and LivingSocial.
Discussion: TechCrunch, @fmanjoo, CNET News and Screenwerk, Thanks:jdmoran
Bill Gurley / abovethecrowd.com:
The Freight Train That Is Android  —  “People get ready, there's a train a comin'” - The Impressions From Zacks via Yahoo: Mark Vickery, On Thursday March 24, 2011, 4:58 pm EDT “BlackBerry maker Research In Motion (NasdaqGS: RIMM - News) beat its fiscal 4Q EPS estimates by 2 cents per share …
Discussion: TechCrunch
Bloomberg:
Kodak Says $1 Billion at Stake in Apple, RIM Patent Dispute  —  A victory for Eastman Kodak Co. (EK) in its patent fight with Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM) may add more than $1 billion in revenue from royalty payments, Chairman and Chief Executive Officer Antonio Perez said.
Kevin C. Tofel / GigaOM:
Here's Why Google Is Holding Honeycomb Back  —  Google's Honeycomb version of Android may have left the hive for a few tablets, but don't expect to see any new ones announced in the near future: the company has decided not to release the platform's source code to the community just yet.
Discussion: Gadgetell, Mashable! and ThinkMobile
RELATED:
Business Week:
Google Holds Honeycomb Tight
Jonathan S. Geller / BGR:
Apple iPad 2 launches internationally; ridiculous lines form in 25 countries  —  Apple's iPad 2 goes on sale Friday in 25 countries around the world, and early reports from Australia are showing monumental lines for Apple's latest tablet.  AFP quotes an Apple fan as having waited over 53 hours …
David Carnoy / Crave: The gadget blog:
Nook Color Android app store coming in April along with Flash support  —  According to the HSN Web site, Barnes & Noble is launching the Nook Store in April and giving Flash support to the Nook Color.  —  While plenty of people have “rooted” their Nook Colors with custom firmware that allows …
RELATED:
Greg Sandoval / Media Maverick:
Google begins testing Google Music internally  —  Google has begun testing Google Music internally, a sign that the much anticipated service is nearly ready to launch.  —  Google employees have begun a process commonly referred to in Silicon Valley as dog fooding, when employees try …
RELATED:
Greg Sandoval / CNET News:   YouTube co-founders may team on new start-up
Steven Sande / TUAW:
Wooden iPad 2 cover outsmarts Apple's Smart Cover  —  As if I don't already have a serious love affair with Apple's iPad 2 Smart Cover, now Holland-based Miniot is about to release a beautiful wooden iPad 2 cover.  —  The cover is carved from a single piece of wood and works similarly to the Smart Cover.
Leena Rao / TechCrunch:
LinkedIn Founder Reid Hoffman Personally Thanks First Million Members For Being Early Adopters  —  As you may have heard, professional social network LinkedIn passed 100 million members this past week.  Amid an upcoming IPO, this was a pretty significant milestone for the social network.
Discussion: Marketing Pilgrim
Bloomberg:
Buffett Says Social-Networking Sites Overpriced Ahead of IPOs  —  Warren Buffett, the billionaire stock picker and takeover specialist, said investors should be wary of valuations for social networking websites as some of the industry's biggest companies prepare to sell shares.
Bob Warfield / SmoothSpan Blog:
The Art of Riding the Bubble  —  People are increasingly asking whether there is a Bubble underway in the tech business.  The answer is that by the time you know there is a Bubble it's probably too late to do anything about it.  But if all you're doing is asking whether there is a Bubble, the Bubble is probably not here, yet.
Sam Schechner / Wall Street Journal:
New Cable Fight at Hand  —  TV Networks Cry Foul as Time Warner Cable Offers Channels via iPads at Home  —  Time Warner Cable Inc. is digging in its heels in a dispute with several big media companies over whether it can beam live TV channels to Apple Inc. iPads, exposing tensions between …
RELATED:
Jonathan S. Geller / BGR:
RIM opens up BlackBerry PlayBook to support Android apps
Eric Pfanner / New York Times:
Advertisers in Europe May Face Limits in Use of Keywords  —  PARIS — An adviser to the highest European Union court recommended Thursday that some restrictions be placed on the rights of advertisers to use the names of rivals as keywords to generate sponsored links on Internet search engines.
Discussion: PC World and Tech Report
Robin Wauters / TechCrunch:
Facebook Tries To Squash 21 Squatted Domain Names  —  Facebook is trying to gain ownership over 21 domain names that include the term ‘facebook’, including KillFacebook.com, FacebookStuff.com and FacebookSafety.com.  —  The domain names are all currently owned by a company called Domain Asset Holdings …
Discussion: All Facebook
 
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 More Items: 
Stacey Higginbotham / GigaOM:
Are Crappy Startups Wall Street's Fault?
Karl Bode / DSLreports:
AT&T Says They're Working On Meter Accuracy Insists They'll Work With Users On Problems
Discussion: Digital Trends, CrunchGear and Techdirt
Nivi / Venture Hacks:
So who is actually investing on AngelList?
Aaron Saenz / Singularity Hub:
Japan's Nuclear Woes Give Rise to Crowd-Sourced Radiation Maps In Asia and US
Discussion: TechCrunch and The Atlantic Online
Rhea Wessel / DealBook:
Activist Investors Turn to Social Media to Enlist Support
Jack Purcher / Patently Apple:
Apple Considers New iOS and iTunes Store UI Elements
Gabriel Perna / International Business Times:
Google Says It Won't Pull DUI Checkpoint Evasion App
Discussion: Digital Trends, PC World and Engadget
 Earlier Items: 
Michael Arrington / TechCrunch:
DST's Yuri Milner Buys $70 Million Home In Silicon Valley
Associated Press:
Starz becomes latest pay TV channel to ease away from embrace of Netflix, a rising competitor
Eric Chu / Android Developers Blog:
In-App Billing on Android Market: Ready for Testing