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3:55 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.
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?
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.
Larry Dignan / Between the Lines Blog:
Google Wallet: Handicapping why it will (and won't) work
Discussion: ReadWriteWeb and IntoMobile
Luke Westaway / Crave:   Google Wallet lets you pay for stuff with your phone, but US only for now
Bill Rigby / Reuters:
Microsoft board backs Ballmer over Einhorn  —  (Reuters) - Microsoft Corp's board stood behind Chief Executive Officer Steve Ballmer on Thursday, defending its longtime leader after influential hedge fund manager David Einhorn touched off a debate by calling for his dismissal.
Discussion: Guardian and TG Daily
RELATED:
Ryan Block / gdgt:
It's time for Bill Gates to come back to Microsoft.  —  This has not been Steve Ballmer's week.  Well, it hasn't really been his half-decade, but it's really not been his week: first, long-time industry stalwart IBM takes Microsoft's place behind Apple as the second most valuable technology company …
Discussion: Computerworld and The Register, Thanks:rockbandit
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 …
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: All Facebook and @kevinmarks
RELATED:
Liz Gannes / AllThingsD:
Ex-Myspace Exec to Launch Facebook Alternative With Funding From DFJ
Discussion: TechCrunch, SAI and Pulse2
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.
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 …
Discussion: MacStories, Pulse2, SAI and RazorianFly
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 …
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.
Nate Anderson / Ars Technica:
Sen. Ron Wyden places a “hold” on the PROTECT IP Act  —  The office of Sen. Ron Wyden (D-OR) tells Ars that the just-passed-out-of-committee PROTECT IP Act (S. 968) isn't going anywhere once it hits the floor.  —  “Senator Wyden plans to hold the bill,” said his office by e-mail.
RELATED:
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: 9to5 Google and eWeek
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.
Patricia Sellers / Fortune:
Mark Zuckerberg's new challenge: Eating only what he kills (and yes, we do mean literally...)  —  Last year Mark Zuckerberg set out to learn Chinese.  Now he's determined to get in touch with his food.  If the goats, lobsters and chickens of Silicon Valley aren't trembling, they should be.
Discussion: SAI and The Next Web
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.
Matt Rosoff / SAI: Silicon Alley Insider:
Microsoft To Show Tablet Software Next Week  —  Microsoft Windows chief Steve Sinofsky will show Microsoft's upcoming tablet software at the AllThingsDigital D:9 conference next week, according to sources who spoke to Bloomberg (no link because its on the Bloomberg terminal).
Zohair Hyder / Gmail Blog:
Introducing the people widget  —  (Cross-posted on the Google Enterprise Blog)  —  Email is just as much about the people you communicate with as it is what you communicate about.  We think it can be helpful to view relevant information in context, which is why over the next two weeks we're rolling …
Discussion: SiliconFilter and The Next Web, Thanks:steverubel
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 …
Miguel Helft / Bits:
Facebook Slams Man Who Claims Ownership  —  Facebook on Thursday answered the New York wood pellet salesman who claims he owns a good part of Facebook.  And it doesn't mince words.  —  On the heels of the Winklevoss twins, who have claimed for years that they came up with the idea for Facebook …
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 …
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.
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.
 
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 More Items: 
Jay Greene / CNET News:
AT&T to Congress: T-Mobile buy good for consumers
Discussion: BetaNews and DSLreports
Ben Brooks / The Brooks Review:
Like a Headless Chicken
Peter Kafka / AllThingsD:
Pandora Pre-IPO Numbers Getting Bigger and Bigger
Royal Pingdom:
Facebook gobbles up anti-Facebook domain names
Ryan Kim / GigaOm:
Raptr Shows How Social Networks Can Get More Personal
Dean Takahashi / VentureBeat:
Kaboom! Kabam raises $85M for hardcore social gaming business
 Earlier Items: 
Fred / A VC:
Some Thoughts On InvestorRank  —  Chris Farmer, a VC …
Discussion: Betabeat and SAI
Peter / The Mac Security Blog:
INTEGO SECURITY MEMO - New Mac Defender Variant, MacGuard, Doesn't Require Password for Installation
David Lazarus / Los Angeles Times:
Bank of America data leak destroys trust
Noah Davis / SAI: Silicon Alley Insider:
Magazine Editors Are 100% Sure Tumblrs Are Driving Subscriptions, But They Can't Prove It
Adam DuVander / ProgrammableWeb:
Who Belongs to the API Billionaires Club?
Liz Gannes / AllThingsD:
Zuckerberg Takes Back Under-13 Remarks, But Not Really