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1:20 AM ET, June 20, 2011

Techmeme

 Top Items: 
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.
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?
Evelyn M. Rusli / DealBook:
Crashing the Party in Silicon Valley  —  When others were questioning whether Facebook was really worth $10 billion in February 2010, two Wall Street investors were quietly buying chunks of its shares at a $15 billion valuation.  —  The investors, Frank Mazzola and Emilio DiSanluciano …
Mike Rosenberg / Mercury News:
So far only elation, not border war, from neighbors over Apple mega-campus  —  The humongous Apple (AAPL) mother ship campus will one day call Cupertino home, but it'll sit so close to Sunnyvale and Santa Clara that residents there will be able to look out their windows and catch a glimpse …
Discussion: AppleInsider and Electronista
Mark Gurman / 9 to 5 Mac:
All new Mac Pros and upgraded Mac minis with Sandy Bridge and Thunderbolt in early August?  —  CNET's Brian Tong claims that Apple is gearing up to launch a revamped Mac Pro and an upgraded Mac mini in either late July or early August - more likely in August.
Rakesh Agrawal / Rakesh Agrawal's Blog:
My take on Google's acquisition of SageTV  —  First congratulations to SageTV for being acquired by Google!  —  SageTV is a company I've followed closely — my company, SnapStream, and SageTV were direct competitors in the “consumer DIY home theater PC” market until we shifted our focus to TV search instead.
RELATED:
Richard Lawler / Engadget:
SageTV HTPC software acquired by Google, next stop Google TV?
Edmund Lee / AdAge:
Display's New Kingpin: Facebook's No. 1  —  Social Network's $2.19 Billion Puts It at Top of the Digital Heap, Leaping Google, Yahoo — but It's Still a Bit Player When Compared to TV  —  Facebook doesn't really have to try to become the biggest player in digital media; it simply is.
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.
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 …
Mike Elgan / Computerworld:
Kinect: Microsoft's accidental success story  —  What happens when Microsoft applies a Google-like model to an Apple-like gadget?  We're going to find out.  —  Computerworld - Microsoft introduced a peripheral device for gaming in November called Microsoft Kinect for Xbox 360.
Ben Gilbert:
My experience (or lack thereof) with “The AOL Way”  —  Earlier this year, on the first day of February, an alleged internal document from my employer, AOL, leaked.  As Business Insider reported at the time, this was supposedly AOL's “Master Plan” for content creation and management …
Devindra Hardawar / VentureBeat:
Naratte's Zoosh enables NFC with just a speaker and microphone  —  Zoosh, a new technology developed by Sunnyvale startup Naratte, aims to deliver all the benefits of NFC (near-field communication) with any device that has a speaker and microphone.  Instead of relying on NFC chips …
 
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 More Items: 
Ernesto / TorrentFreak:
uTorrent / BitTorrent Sued For Patent Infringement
Jonathan / awe.sm:
URL shorteners are dead. Long live URL shorteners!
Thanks:jhstrauss
Dan Primack / Fortune:
Cut Pandora some slack
 Earlier Items: 
Pascal-Emmanuel Gobry / SAI:
Paul Graham On Why You're A Mosquito And How Airbnb Is Worth A Billion Dollars
Sarah Lacy / TechCrunch:
The New Silicon Valley Douchebag
Discussion: HipMojo.com
Dean Takahashi / VentureBeat:
Not bad: Zynga's Empires & Allies hits 30 million users in 17 days
Discussion: Neowin.net, Thanks:deantak
ESR / Armed and Dangerous:
World Without Web
Staci D. Kramer / paidContent:
New York Post Blocks iPad Access Via Safari To Sell Subscriptions