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9:40 PM ET, April 15, 2011

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
LivingSocial Financials Exposed: $2.9 Billion Valuation, $50 Million In Revenue Per Month  —  There's nothing like full disclosure during the negotiating process in an acquisition deal.  LivingSocial acquired SocialMedia for just $3 million in stock, we reported earlier today.
Discussion: Screenwerk
RELATED:
Michael Arrington / TechCrunch:
LivingSocial Acquires SocialMedia For $3 Million  —  Fast growing daily deal service LivingSocial, which just raised $400 million, has acquired long suffering social advertising network SocialMedia, we've confirmed.  The price was just $3 million, all in LivingSocial stock.
Jay Yarow / SAI: Silicon Alley Insider:
LivingSocial's Founders And Early Investors Pocketed $200 Million Of Its Latest Funding Round
Discussion: Fortune, TechCrunch and The Wire
Peter Kafka / MediaMemo:
Google Music Label Talks “Going Backwards”  —  Google has spent a year trying to build a music service that could compete with Apple's iTunes.  But those efforts seem to have stalled again.  —  Google's negotiations with the big music labels are “broken,” says a source familiar …
RELATED:
Glyn Moody / open:
Why Google Should Buy the Music Industry
Discussion: Slashdot
MG Siegler / TechCrunch:
Shawn Fanning And Sean Parker Are Back With An Ambitious New Project; Investors Abound  —  Longtime collaborators Shawn Fanning and Sean Parker are back together working on an ambitious new project, we've learned.  —  In 1999, Fanning and Parker introduced the world to Napster.
Biz Stone:
The Trouble Bubble  —  We founded Twitter, Inc. in March of 2007 and while we have long said it's about the users, not the service, we have nevertheless enjoyed favorable media coverage.  What took so long for somebody to write the article that says we are falling apart?
RELATED:
Nicholas Carlson / SAI:
The Truth About Twitter's Troubles
Nicholas Carlson / SAI:
These People Sold Twitter For Just $5 Million Back In 2006
Discussion: BaltTech and The Business Insider
Peter Farago / Flurry:
Apple and Google Capture U.S. Video Game Market Share in 2010  —  Last year, Flurry reported that iPhone and iPod touch game sales surged from 2008 to 2009.  From a standing start, and in just one year, iPhone games captured 5% of the mature U.S. video game market.
Chad Bray / Wall Street Journal:
Poker Websites Targeted in Federal Crackdown  —  NEW YORK—Eleven people, including the founders of three of the largest online poker companies doing business in the U.S., have been charged in the latest crack down on Internet gambling by U.S. authorities.  —  Federal prosecutors …
RELATED:
Paul Toohey / CourierMail:
Web king's life on the line
Discussion: SAI
Fred Vogelstein / Wired:
The Android Explosion: How Google's Freewheeling Ecosytem Threatens the iPhone  —  ndy Rubin needed a hit.  It was January 2009, three years since Google had bought the company he cofounded, a little startup called Android.  —  Rubin had created a slick operating system for mobile phones …
Discussion: 9 to 5 Mac, @johnacook and @bill_gross
Nick Bilton / Bits:
iPad Resellers Now Camp Overnight at Apple Stores  —  On Wednesday morning I stopped by the SoHo Apple store in New York City to purchase an iPad for a family member.  As I had anticipated, a store clerk said they were out of stock and recommended that I check back the following morning.
Discussion: MacNN and Electricpig.co.uk
Paul McIntyre / AdNews:
Google: we want iPhone to grow  —  Google's Android platform might be in a fierce battle with Apple to dominate smartphone handsets and apps, but the search giant's APAC boss says iPhone is delivering so much mobile search traffic they want their rival competitor to keep growing.
Joe Light / Wall Street Journal:
Mobile App Talent Pool Is Shallow  —  Companies Scramble for Engineers Who Can Write Software for Smartphones  —  This year, magazine publisher Hearst Corp. intends to add five software engineers to its mobile development staff.  Social-networking company Ning Inc. plans to nearly double its mobile development team.
Tom Warren / WinRumors:
Windows 8: Portable Workspace allows you to run Windows from a USB device … An early copy of Windows 8 leaked to the Internet this week and enthusiasts have been digging their way through the various new bits in Microsoft's next-generation operating system.
Sarah Lacy / TechCrunch:
The Betrayal of Bnter  —  We filmed this week's Ask a VC on Tuesday, and I started out by asking Bijan Sabet of Spark Capital about the danger of venture capitalists investing in competitors.  There was no ulterior motive on my part.  It's just a question I've seen coming up increasingly …
Steven J. Vaughan-Nichols / Networking Blog:
It's official: Asia's just run out of IPv4 Addresses  —  Well, that was fast.  The Asia Pacific Network Information Centre (APNIC) has just released the last block of Internet Protocol version 4 (IPv4) addresses in its available pool.  We knew this was coming when the Internet Corporation …
Alexia Tsotsis / TechCrunch:
Chatroulette Posts Lawyer's Notes In Privacy Policy For Your Entertainment And Edification  —  Note to startups: Don't publish your lawyer's notes about the various ways you may or may not profit off of user data.  —  Video chat site Chatroulette seems to have just done just that with its privacy policy …
Greg Sterling / Search Engine Land:
Google Intros New Privacy Controls For Mobile Consumers  —  To date Google has not used the mobile handset UDID “device identifier” to target mobile advertising via its AdSense for mobile and AdMob networks.  For several reasons that have to do with ad performance, Google has decided to use the device identifier going forward.
Discussion: MacNN
Peter Kafka / MediaMemo:
Wired's Newest iPad Issue Boasts Its Best Feature Yet: Free  —  Remember when iPad magazine apps-and Wired's app in particular-were big news?  That was a year ago.  —  Now Wired would like to remind you that it's still publishing on the iPad, and the Conde Nast title is offering a pretty …
Mary Pilon / Wall Street Journal:
T. Rowe Price Invests in Facebook  —  Mutual-fund company T. Rowe Price has invested in Facebook Inc., according to recently released filings, underscoring traditional investment vehicles' growing interest in hot technology companies.  —  T. Rowe said it invested a total of $55.4 million …
Zak Stambor / Internet Retailer:
Facebook wants to make daily deals more social  —  The social network hopes to leverage its news feed to help consumers discover their friends' interactions with Facebook Deals.  The move is designed to distinguish Facebook's offering from competitors such as Groupon and LivingSocial.
Bloomberg:
RIM Said Weighing Bid to Top Google Offer for Nortel Patents  —  Research In Motion Ltd. (RIMM) is considering a bid for Nortel Networks Corp. (NRTLQ)'s portfolio of wireless technology patents that would top Google Inc. (GOOG)'s $900 million offer, two people familiar with the plans said.
Derrick Harris / GigaOM:
Cisco Displays New Cloud Data Center, Touts Efficiency  —  Data Center Hall in Cisco's new green data center.  —  Cisco today took the covers off a new Allen, Texas, data center that will serve as the foundation for Cisco's private cloud computing effort, which it calls Cisco Elastic IT Services.
Brett Wiltshire / Blogger Buzz:
An important note about legacy accounts  —  There was a time early on in Blogger's life where we had our own, custom account system for handling login authentication.  Starting in 2006 all new Blogger accounts were created using the official Google accounts system, and then in 2007 we started …
Discussion: BloggingPro
 
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 More Items: 
Chris Richardson / WebProNews:
Oracle Turns OpenOffice Into A Community-Based Project
Discussion: ReadWriteWeb, PC World and The Register
Zach Epstein / BGR:
India bans Nokia's push email service
Discussion: Electronista
Grant Gross / PC World:
White House Releases Trusted Internet ID Plan
Leena Rao / TechCrunch:
Online Education Startup Instructure Raises $8M From Eric Schmidt's Tomorrow Ventures, Tim Draper
Discussion: PR Newswire and VentureBeat
Mike Blumenthal / Understanding Google Maps …:
Google Discontinues Tags
 Earlier Items: 
Matt Marshall / VentureBeat:
Glam hits $100M revenue, plans to file IPO as early as fall
Slash Lane / AppleInsider:
Apple partner Cirrus Logic reports production problem with mystery audio device
Adrian Asher / Skype Security:
Privacy vulnerability in Skype for Android
Steven Levy / Fortune:
Inside Google's China misfortune
Discussion: SAI
Electronista:
Android 3.0 tablets allegedly delayed due to low hopes
Mike Snider / USA Today:
Interview: Nintendo sold 400,000 3DS systems in first week
Jun Yang / Bloomberg:
Google Faces Antitrust Complaints in South Korea on Popularity of Android
 

 
From Mediagazer:

Daniel Thomas / Financial Times:
The Scott Trust approves the sale of The Observer to Tortoise, despite two days of strikes by Guardian and Observer staffers against the deal

Harry Litman / Talking Feds Substack:
LA Times op-ed contributor Harry Litman resigns, saying he's protesting the “repugnant and dangerous” actions to appease Trump by owner Dr. Patrick Soon-Shiong

Mark Stenberg / Adweek:
Sources: Condé Nast lays off some top executives including VPs and SVPs in marketing and sales, along with key staff in events, social media, and editorial jobs

 
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