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11:00 AM ET, June 20, 2011

Techmeme

 Top Items: 
Om Malik / GigaOM:
Revealed: Facebook's music plans involve Spotify, others  —  For the past few months, I have been hearing about Facebook and Spotify getting a lot closer as companies, with a much tighter integration between the two services.  However, Facebook's musical ambitions go beyond Spotify and include other music services and applications.
RELATED:
Pascal-Emmanuel Gobry / SAI:
Inside Facebook's Next Billion Dollar Business  —  Facebook's road to becoming a $100 billion company is to infect every sector of the internet with its social graph, letting other companies build and expand their business on top of it and taking a toll in exchange for that.
Discussion: Screenwerk
Darren Murph / Engadget:
Huawei MediaPad revealed: world's first 7-inch Android 3.2 tablet, dual-core 1.2GHz Qualcomm CPU  —  It's here folks — the planet's first Android 3.2 tablet.  Huawei just introduced a downright luscious new slate over in Singapore, with CommunicAsia being the launchpad for the 7-inch MediaPad.
CircleID:
New Top-Level Domains Approved by ICANN  —  The Board of ICANN today gave final approval to the most dramatic change to the Internet in four decades — allowing the expansion of new Top-Level Domains (TLDs).  This monumental decision will allow companies and organizations to turn their own brands …
RELATED:
Stephen Shankland / CNET News.com:
New Net addresses mean new trademark issues  —  ICANN announced new generic top-level domains (GTLDs) at a news conference in Singapore.  From left to right are outgoing Chairman Peter Dengate Thrush, Chief Executive Rod Beckstrom, and Senior Vice President of Services Kurt Pritz, who led the GTLD effort.
Lauren Weinstein / Lauren Weinstein's Blog:
The Shame on the Internet: ICANN Votes to Massively Enrich the Domain-Industrial Complex
Discussion: Marketing Pilgrim and The Domains
Joseph Galante / Bloomberg:
Skype Fires Executives, Avoiding Payouts After Microsoft Buyout  —  Skype Technologies SA, the Internet- calling service being bought by Microsoft Corp., is firing senior executives before the deal closes, a move that reduces the value of their payout, according to three people familiar with the matter.
Miguel Bustillo / Wall Street Journal:
Best Buy Battles Over Use of ‘Geek’  —  Retailer Fights to Protect Squad's Trademark; Putting Rivals—and a Priest—on Notice  —  Just a few decades ago, a geek was a carnival freak who bit the heads off of chickens and rats.  —  Then geek became a catchall word for socially maladjusted individuals …
Discussion: ITProPortal and Neowin.net
Nelson D. Schwartz / New York Times:
Small Group Rode LinkedIn to Big Payday  —  For Reid Hoffman, the chairman of LinkedIn, it took less than 30 minutes to earn himself an extra $200 million.  —  With the hours ticking down to his company's stock market debut, Mr. Hoffman dialed into a conference call from San Francisco's Ritz-Carlton hotel …
Discussion: Betabeat
Miguel Helft / New York Times:
Tech Firms' Workers Sell Shares, Fearing a Bubble Will Burst  —  SAN FRANCISCO — While Silicon Valley and Wall Street debate whether a new technology bubble is in the making, some early Facebook employees are not taking any chances.  They're leaving the company to cash out on millions …
Discussion: Betabeat
Robin Wauters / TechCrunch:
Adobe Software Updates To Help Devs Build iOS, PlayBook And Android Apps  —  Adobe is today pushing updates to its application development software product Flash Builder and the open source Flex framework to enable developers to build apps for iPhone, iPad and BlackBerry PlayBook …
Michael J. de la Merced / DealBook:
Abracadabra!  Magic Trumps Math at Web Start-Ups  —  Over a decade ago, Internet companies promoted new ways to measure their business performance, introducing concepts like “eyeballs” and “mindshare” to investors.  —  Now the latest wave of Internet start-ups are adding their own particular yardsticks to the valuation vocabulary.
Ross Dawson / Trends in the Living Networks:
Why Turntable.fm's Lame/Awesome button is awesome  —  Turntable.fm has certainly created a sensation - over the last couple of weeks it has been one of the hottest topics on the web.  —  Deservedly.  It really changes the game in making music truly social.  And the concept, the strategy, and the execution are superb.
Timothy B. Lee / Ars Technica:
Bitcoin prices plummet on hacked exchange  —  The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes.  Trading was quickly suspended and visitors to the home page …
RELATED:
Economist:   Bits and bob  —  Bitcoin has got geeks excited.  What about economists?
Dave Zatz / Zatz Not Funny!:
TiVo iPhone & Android Apps Coming “Soon”  —  While TiVo has alluded to additional companion mobile apps, via Twitter and other venues, the June issue of CEPro provides concrete details via a full page advertisement targeting custom installers: … It'll be interesting to see what sort …
Philip Elmer-DeWitt / Fortune:
The 3 most undervalued tech stocks: Google, Apple, IBM  —  By the same “PEG” measure, the 3 most overvalued are Amazon, Cisco and Netflix  —  Click to enlarge.  Date: NASDAQ.  Chart: PED  —  Here's a simple exercise suggested by one of my readers.  —  Take a stock you're interested …
Claire Cain Miller / New York Times:
Investors Provide Millions to Risky Start-Ups  —  PALO ALTO, Calif. — What if you threw a $41 million party and nobody came?  A start-up company called Color knows how that feels.  —  In March, Color unveiled its photo-sharing cellphone application — and revealed that it had raised $41 million …
Discussion: Mark Evans Tech, SAI and textually.org
Verne G. Kopytoff / New York Times:
Japanese ‘K’ Computer Is Ranked Most Powerful  —  SAN FRANCISCO — In the rankings of the world's most powerful supercomputers, a Japanese machine has earned the top spot with a performance that essentially laps the competition.  —  The computer, known as “K Computer,” …
Dave Mosher / Scientific American:
High Wired: Does Addictive Internet Use Restructure the Brain?  —  Brain scans hint excessive time online is tied to stark physical changes in the brain  —  Kids spend an increasing fraction of their formative years online, and it is a habit they dutifully carry into adulthood.
Discussion: PLoS ONE and IdeaFeed
Erick Schonfeld / TechCrunch:
Yup, YouTube Counts Video Ads As Regular Views  —  Movie trailers are among the most popular videos on YouTube.  A typical movie trailer gets millions of views, but how many of those views are natural and who many are pushed as paid-for ads?  Yes, movie trailers are all ads in a sense.
Steven Musil / CNET News:
Google adds rainbow to search bar for gay pride month  —  There's a rainbow at the end of some Google searches.  —  To mark June as Gay and Lesbian Pride month, the search giant is adding a rainbow to the right side of the search bar when users search for “gay,” “lesbian,” “transgender,” or related terms.
 
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Zoho:
PSD2 Compliance in Zoho Books  —  The Revised Payment Services Directive, also known as the PSD2, is a set of regulatory guidelines laid down by the European Union (EU) for finance, banking, and payment service companies.
AWS Startups:
How Bustle Leverages AWS Lambda to Help Editorial Teams Scale  —  Bustle Media Group leverages AWS services to efficiently deploy content across its various brands.  Nita Sitaram, Senior Director of Product Management …
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Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Y Combinator's Michael Seibel, Ali Rowghani to reveal new YC top 100 list at Disrupt SF  —  CEO Michael Seibel will be joining us on stage at Disrupt SF this year, along with Ali Rowghani, the CEO of its Continuity growth fund …
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 More Items: 
Vlad Savov / Engadget:
DARPA setting up a $130 million ‘virtual firing range’ to help battle cyber attacks
Discussion: CNET News.com
Pastebin:
New security issue at Dropbox
Discussion: @csoghoian
Hyunjoo Jin / Reuters:
Softbank CEO sees Alipay agreement with Alibaba “soon”
Discussion: Reuters
Claire Cain Miller / New York Times:
Bargains on Flash Sale Sites Serve a Long-Range View
Paul Sawers / The Next Web:
Google teams up with The British Library to bring vast collection online
Josh Constine / Inside Facebook:
Facebook Users Want Professional Networking: BranchOut Nears a Million New Users Within a Week
Ben Gilbert / Mumblings and other nonsense:
My experience (or lack thereof) with “The AOL Way”
 Earlier Items: 
Yoko Kubota / Reuters:
Sega says 1.3 million users affected by cyber attack
Mark Gurman / 9 to 5 Mac:
All new Mac Pros and upgraded Mac minis with Sandy Bridge and Thunderbolt in early August?