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2:35 PM ET, May 26, 2011

Techmeme

 Top Items: 
The Official Google Blog:
Coming soon: make your phone your wallet  —  Today in our New York City office, along with Citi, MasterCard, First Data and Sprint, we gave a demo of Google Wallet, an app that will make your phone your wallet.  You'll be able to tap, pay and save using your phone and near field communication (NFC).
RELATED:
Ellis Hamburger / SAI:
Google Introduces Google Wallet, Works At Over 300,000 Mastercard PayPass Merchant Locations  —  Google just announced its mobile payments system Google Wallet, which will also be bundled with its Groupon-killer Google Offers.  —  The Google Wallet website just went up.
Matthew Panzarino / The Next Web:
Google launches local deal service Google Offers  —  Google announced Google Offers, a service that allows for special offers and deals to be delivered to your inbox, Thursday morning at an event in NYC.  —  Google Offers will launch in Portland to start then spread outwards to other cities.
MG Siegler / TechCrunch:
Google Wallet On iPhone, WP7, RIM: “We Will Partner With Everyone” (But Will *They*?)  —  Today, during their Google Wallet/Offers unveiling at the NYC headquarters, Google touted the openness of their new system.  Naturally, someone asked a question about what this meant for other, non-Android phone?
Discussion: MacStories
Luke Westaway / Crave:
Google Wallet lets you pay for stuff with your phone, but US only for now
Discussion: Digital Media Wire
Dmitry Shapiro / Altly Blog:
The need for an Alternative to Facebook  —  For those of us that don't like to read, you can find a Summary of this post here.  —  Over the last few years, we have entered an important new era of digital communication.  Social Networking is allowing us to communicate with each other in ways …
Discussion: @kevinmarks
RELATED:
Liz Gannes / AllThingsD:
Ex-Myspace Exec to Launch Facebook Alternative With Funding From DFJ  —  Former Myspace Music CTO Dmitry Shapiro has raised funding from investors including Draper Fisher Jurvetson to launch a privacy-conscious alternative to Facebook named (for the moment) Altly.
Discussion: TechCrunch and Pulse2
Reuters:
Hedge fund star calls for Microsoft CEO to go  —  (Reuters) - Influential hedge fund manager David Einhorn called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the software company's long-time chief was stuck in the past.  —  Einhorn, speaking at the annual Ira Sohn …
RELATED:
Bill Rigby / Reuters:
Microsoft board backs Ballmer over Einhorn
Discussion: Guardian and TG Daily
Matthew Panzarino / The Next Web:
Square's name and design were changed by a lunch at Apple  —  According to Jack Dorsey, payment service Square was almost called ‘Squirrel’ and the card reader dongle was made of wood and shaped like an acorn.  Until he had lunch at Apple.  Update below.  —  Dorsey, Twitters co-founder …
Peter Parkes / Heartbeat:
[UPDATED] Problems signing into Skype and making calls for a small number of users  —  A small number of you may have had problems signing in to Skype.  This predominantly affects people using Skype for Windows.  We have identified the problem and will issue a fix in the next few hours.
Jim Dalrymple / The Loop:
Amazon launches Mac Download Store  —  Amazon already has a mobile App Store, but the company on Thursday launched the Mac Download Store.  —  Competing directing with Apple's Mac Store, Amazon says its store has 250 of the biggest software and game titles available for Mac.
Lee Hower / Fortune:
How LinkedIn first raised money (and endured rejection)  —  LinkedIn went public last week, with investors falling over each other to buy shares at a market cap that now exceeds $9 billion.  But it wasn't always so easy for the social network to raise money.
Discussion: SAI
Eric Slivka / MacRumors:
Apple Files Lawsuit Against Teenager Who Sold White iPhone 4 Conversion Kits, Settlement Reached?  —  Last November, we highlighted the story of New York City teenager Fei Lam, who had managed to sell $130,000 worth of white iPhone 4 parts in just a few months to customers eager to get their hands …
Stefan Constantinescu / IntoMobile:
Samsung Galaxy S outsells the iPhone in Japan during Q1 2011  —  The Japanese mobile industry is one that's filled with ridiculous devices made by handset vendors that almost never sell their creations overseas.  It's why many call Japan the Galápagos Islands of mobile.
Discussion: eWeek and 9to5 Google
Robin Wauters / TechCrunch:
Amazon Repeats $0.99 Deal On Lady Gaga Album, Says Servers Won't Melt This Time  —  Earlier this week, Amazon offered the new album from superstar Lady Gaga, ‘Born This Way’, for a mere $0.99 in an effort to get people to discover its recently launched Cloud Drive / Player service.
Mike Butcher / TechCrunch Europe:
No Spotify inside Facebook, two record labels still needed for US launch  —  There has been some interesting speculation regarding the relationship between hot (at least in Europe) music streaming service Spotify and gargantuan social platform Facebook.  Now Forbes is reporting that Facebook …
Christian Zibreg / 9 to 5 Mac:
Rumor: Apple courting Samsung to build AMOLED displays for iPad 3?  —  File this one under the highly improbable drawer because there's little chance Samsung will let Apple get their hands on its active-matrix organic LED technology, better known as AMOLED, which is an important differentiating …
Leena Rao / TechCrunch:
Online Shopping Startup ProjectSlice Raises $9.4 Million From Eric Schmidt, Michael Birch And Others  —  Stealthy startup ProjectSlice is launching to the public today and announcing a $9.4 million Series A funding round led by DCM and Lightspeed Venture Partners with Michael Birch …
Guardian:
China using prisoners in lucrative internet gaming scam  —  Labour camp detainees endure hard labour by day, online ‘gold farming’ by night  —  As a prisoner at the Jixi labour camp, Liu Dali would slog through tough days breaking rocks and digging trenches in the open cast coalmines of north-east China.
Dean Takahashi / VentureBeat:
Kaboom!  Kabam raises $85M for hardcore social gaming business  —  Here's a “kaboom” for all those social game skeptics out there.  Kabam has raised $85 million in a fourth round of funding to fuel its business making hardcore games for social networks such as Facebook.
Nick Hughes / So Entrepreneurial:
Bubbles and Golden Ages  —  I once watched an interview where angel investor Fred Wilson offhandedly noted reading a book which transformed the way he looked at markets and the web in general.  I instantly went to Amazon and ordered it and spent the next week reading it front to back.
Discussion: The Business Insider
Peter / The Mac Security Blog:
INTEGO SECURITY MEMO - New Mac Defender Variant, MacGuard, Doesn't Require Password for Installation  —  Malware: OSX/MacDefender.F and OSX/MacDefender.G  —  Risk: Medium; effective SEO poisoning has led many Mac users to this type of malware, and no administrator password is required to install this new variant.
Peter Kafka / AllThingsD:
Pandora Pre-IPO Numbers Getting Bigger and Bigger  —  Here's some red meat for investors thinking about buying into Pandora's IPO: Go-go growth numbers for the company's first three months of 2011.  —  Pandora says revenue, users, and usage are all way, way up, driven primarily …
Fred / A VC:
Some Thoughts On InvestorRank  —  Chris Farmer, a VC with General Catalyst, presented some interesting data yesterday at Disrupt.  He ranked VC firms on the basis of what companies they invested in as the first VC investor.  If you invested in a highly successful company in the first round …
Discussion: SAI and Betabeat
Patrick Seybold / PlayStation Blog:
Identity Theft Protection Offer for PlayStation Network and Qriocity Customers  —  Starting today, PlayStation Network and Qriocity account holders in the United States can begin the enrollment process for the identity theft protection program by visiting http://us.playstation.com/news/ consumeralerts/identity-theft- protection/.
 
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 More Items: 
Matt Rosoff / The Business Insider:
Microsoft To Show Tablet Software Next Week
Nate Anderson / Ars Technica:
Blacklists, ahoy! PROTECT IP Act sails on to Senate floor
Royal Pingdom:
Facebook gobbles up anti-Facebook domain names
Ryan Kim / GigaOm:
Raptr Shows How Social Networks Can Get More Personal
Reuters:
LinkedIn eyes business opportunities in China
 Earlier Items: 
David Lazarus / Los Angeles Times:
Bank of America data leak destroys trust
Discussion: Network World
Noah Davis / SAI: Silicon Alley Insider:
Magazine Editors Are 100% Sure Tumblrs Are Driving Subscriptions, But They Can't Prove It
Teri Evans / Entrepreneur.com:
Lessons Learned: How Tumblr Recovered from a Business Crisis
Adam DuVander / ProgrammableWeb:
Who Belongs to the API Billionaires Club?
Jason Kincaid / TechCrunch:
Absolute Must Watch: Office Hours With Paul Graham At TC Disrupt
Discussion: Steve Poland
Leena Rao / TechCrunch:
And The Winner Of TechCrunch Disrupt NYC Is...Getaround!