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9:40 PM ET, May 19, 2011

Techmeme

 Top Items: 
Leena Rao / TechCrunch:
LinkedIn Closes At $94 Per Share, With $8.9 Billion Market Cap  —  After opening to $83 per share and a market cap of $7.8 million, LinkedIn closed at $93.86 per share, giving the company a valuation of $8.9 billion.  Although the professional social network priced at $45 per share …
RELATED:
Henry Blodget / SAI:
CONGRATULATIONS, LINKEDIN!  You Just Got Screwed Out Of $130 Million  —  The stock of social-network LinkedIn has had a heck of an IPO debut this morning, popping 90%+ above the IPO price.  —  That means folks like us get to write breathless stories about how much money investors are making and how everyone's partying like it's 1999.
Ari Levy / Bloomberg:
LinkedIn's Founder, Biggest Backers Will Own $2.5 Billion Stake After IPO  —  LinkedIn Corp.'s founder Reid Hoffman and its three top venture backers will own a combined stake of about $2.5 billion after an eight-year wait for the first initial public offering by a major U.S. social-media site.
Sam Gustin / Epicenter:
Red-Hot LinkedIn IPO Heats Up Tech Bubble Talk  —  (Updated at 4 p.m. EDT with closing stock price and commentary.)  —  LinkedIn went public Thursday and, as expected, soared in its debut.  But the social network for professionals outdid even the wildest expectations in what has become …
Liz Gannes / NetworkEffect:
SecondMarket Unseals LinkedIn Pricing Now That It's Public  —  Newly public LinkedIn, which is now pulling down something like 130 percent more than when it first became available, was until recently traded as a private company on secondary markets like SharesPost and SecondMarket.
Sinead Carew / Reuters:
Verizon to offer family data plans  —  (Reuters) - Verizon Wireless will offer family plans for data services supporting multiple devices including smartphones and tablet computers, according to a top executive of parent company Verizon Communications.  —  Verizon Wireless plans …
RELATED:
Jack Purcher / Patently Apple:
Whoa!  Apple Patent Confirms iTunes Cloud Media Services  —  In January we pointed to a possible HP music cloud service that could debut with their future TouchPad tablet due to their 3par acquisition.  Such a service had the potential of upsetting Apple's iTunes kingdom.
RELATED:
Neil Hughes / AppleInsider:
Apple's cloud streaming could rely on small, locally stored song segments
Amazon.com:
Amazon.com Now Selling More Kindle Books Than Print Books  —  Kindle with Special Offers for only $114 is already the bestselling member of the Kindle family  —  (NASDAQ:AMZN)—Amazon began selling hardcover and paperback books in July 1995.  Twelve years later in November 2007 …
Todd Bishop / GeekWire:
Facebook to use Microsoft's PhotoDNA technology to combat child pornography  —  Facebook will be the first company outside of Microsoft to roll out the Redmond company's PhotoDNA technology — a move that the companies are describing as a big step in the fight against child pornography …
RELATED:
Jay Greene / CNET News:
Scoop: Microsoft closes consumer skunkworks unit  —  A little more than three years after opening Pioneer Studios, a skunkworks operation to develop consumer electronics and experiences, Microsoft has closed the unit, CNET has learned.  —  Pioneer was the brainchild of J Allard …
Staci D. Kramer / paidContent:
Breaking: Liberty Media Offers Nearly $1 Billion For Barnes & Noble  —  Bankrupt Borders needs a sale the most but Barnes & Noble (NYSE: BKS), whichput itself in play last August, is the book retailer with a serious suitor—and they don't come much more serious than John Malone.
Wolfgang Gruener / ConceivablyTech:
Google Is Serious: You Can Kill Chrome's URL Bar  —  We wrote about this feature a few months ago and now we are seeing a first implementation of it.  The URL bar in Chrome is still active by default, but there is a flag to hide it.  Chrome is serious about keeping the URL bar flexible …
Lex Friedman / Macworld:
Group looking to form Apple Retail Workers Union  —  As Apple celebrates the tenth anniversary of its retail stores, some store employees are seeking to unionize.
RELATED:
Matt Brian / The Next Web:
Internet Explorer emerges as only browser not vulnerable to huge memory leak  —  The developer teams at Microsoft may have something to smile about this morning after it has emerged that the company's Internet Explorer browser is one of the only modern web browsers that is not susceptible …
Discussion: Web Browser
Ina Fried / Mobilized:
Qualcomm Bringing Augmented Reality Software Kit to the iPhone  —  Although its chips don't power the iPhone, Qualcomm has decided to bring its augmented reality software kit to Apple's phones in an effort to make it more attractive to developers.  —  Qualcomm released free software tools …
Discussion: AppleInsider, 9 to 5 Mac and MacRumors
Matt McGee / Search Engine Land:
Google, Smartphone Contacts & Social Graphs: Has Eric Schmidt Crossed The Creepy Line Again?  —  Things have been a little quiet — perhaps even boring — since Eric Schmidt stepped down as Google's CEO to become the company's Executive Chairman.  The strange quotes and not-so-funny attempts …
Trevor Mogg / Digital Trends:
Apple causes ‘religious’ reaction in brains of fans, say neuroscientists  —  In a recently screened BBC documentary, UK neuroscientists suggested that the brains of Apple devotees are stimulated by Apple imagery in the same way that the brains of religious people are stimulated by religious imagery.
Ed Bott / Ed Bott's Microsoft Report Blog:
Apple to support reps: “Do not attempt to remove malware”  —  Apple is actively conducting an internal investigation into the Mac Defender malware attack I wrote about yesterday (here and here).  An internal document with a Last Modified date of Monday, May 16, 2011 notes that this is an “Issue/Investigation In Progress.”
Stacey Higginbotham / GigaOM:
Exclusive: A First Look at AT&T's LTE Network  —  Yesterday, I took a tour of AT&T's Foundry space in Plano, Texas.  I interviewed Jon Summers, SVP of application and service infrastructure at AT&T, with other reporters, to try to understand the shift AT&T is making in how it approaches buying goods …
Discussion: Engadget, Thanks:gigastacey
Matt Rosoff / SAI: Silicon Alley Insider:
Netflix Is On A Hiring Spree For Big Europe Push  —  Netflix is staffing up for a big European push as soon as the second half of 2011.  —  Netflix CEO Reed Hastings said back in December that the company would consider expanding to Europe and Asia once the results of its Canadian operation, which it launched last fall, became clear.
Chris Morris / Gamasutra:
Sony Tells Dev Partners PlayStation Store To Return May 24  —  Barring any additional problems, Sony plans to bring the PlayStation Store back online next Tuesday, May 24, according to a memo sent to Sony's game developer and publishing partners.  —  The company has sent a tentative publishing schedule …
Alexia Tsotsis / TechCrunch:
Google Advisor Wants To Be Your One-Stop Shop For Financial Comparisons  —  Google has rolled all of its finance tools into one product today, merging its mortgage, credit card and bank account comparison tools into Google Advisor.  Google Advisor allows you to compare offer options for your credit cards …
Amir Efrati / Wall Street Journal:
‘Like’ Button Follows Web Users  —  Internet users tap Facebook Inc.'s “Like” and Twitter Inc.'s “Tweet” buttons to share content with friends.  But these tools also let their makers collect data about the websites people are visiting.  —  These so-called social widgets …
Arik Hesseldahl / NewEnterprise:
Read Léo Apotheker's “Tough Quarter” Memo in Full  —  The memo that Hewlett-Packard CEO Léo Apotheker sent to his senior executive team about facing a “tough quarter” certainly created plenty of ripples.  For one thing, it caused HP to move up its quarterly earnings announcement …
Discussion: SAI
 
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 More Items: 
Anthony Ha / VentureBeat:
Kleiner backs iAd leader's new startup Session M
Reuters:
Facebook looks at China, Zuckerberg packs bags
Discussion: TechCrunch
Jacqui Cheng / Ars Technica:
RIAA v. the cloud: Box.net faces subpoena over prerelease music
Discussion: Hollywood Reporter
Tiernan Ray / Tech Trader Daily:
Salesforce Jumps 8% On FYQ1 Beat; Q2, Year View Tops Estimates
Discussion: PR Newswire, CNET News and Reuters
Edwin Chan / Reuters:
Symantec buys Clearwell for $390 million
Discussion: eWeek, CNET News, silicontap.com and Xconomy
Sarah Perez / ReadWriteWeb:
63% of Younger Generation Eager for NFC & Mobile Payments
 Earlier Items: 
Zach Epstein / BGR:
Google to acquire Modu patents for $4.9 million
Robin Wauters / TechCrunch:
Khosla Ventures Is Raising, Like, A Billion Dollars
Discussion: VatorNews and GMSV
Mike Masnick / Techdirt:
Bezos: Attempts To Collect State Sales Tax On Amazon Sales Is Unconstitutional
Discussion: Marketing Pilgrim
Gartner:
Gartner Says 428 Million Mobile Communication Devices Sold Worldwide in First Quarter 2011 …
Matt Warman / Telegraph:
Google warns against facial recognition database