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6:25 PM ET, July 1, 2011

Techmeme

 Top Items: 
Tricia Duryee / AllThingsD:
Zynga Finally Files for IPO to Raise $1 Billion  —  Zynga, a four-year-old company which has made its riches off selling virtual goods in social games, has filed to raise $1 billion in an IPO.  —  The IPO may potentially rank among the largest of the year, especially among tech companies.
RELATED:
Matt Rosoff / The Business Insider:
Zynga Gets “Substantially All” Its Revenue And Players From Facebook  —  The top risk factor mentioned in Zynga's IPO filing this morning is its dependence on Facebook.  —  The company admits that basically all of its revenue comes from its partnership with Facebook: “We generate substantially …
Discussion: BetaNews and @emilychangtv
Erick Schonfeld / TechCrunch:
A Snapshot Of Zynga's Financials: Revenues Grew 392 Percent Last Year To $600 Million  —  Zynga finally filed for its IPO today, and we now we get to take a look at its financials.  At a high level, the company made nearly $600 million in revenues last year, and $90 million in profits.
Dawn Chmielewski / Company Town:
Google Inc. in preliminary talks to buy Hulu  —  Google Inc. is in preliminary talks to buy online video pioneer Hulu, people familiar with the situation said.  —  Hulu has begun meeting with potential buyers including Google, Microsoft Corp. and Yahoo Inc. to drum up interest in a sale …
RELATED:
Todd Bishop / GeekWire:   Report: Microsoft in the mix as Hulu explores possible sale
Michael Arrington / TechCrunch:
Facebook Will Launch In-Browser Video Chat Next Week In Partnership With Skype  —  Earlier this week Facebook while visiting Seattle CEO Mark Zuckerberg tipped off Seattle press that the company would be launching an “awesome” new product next week that has been built by Facebook's Seattle team.
DigiTimes:
iPhone 5 and iPad 3 upstream suppliers begin to prepare materials  —  Taiwan-based companies included in the supply chain for iPhone 5 and iPad 3 have begun to prepare materials for the production of the two devices, which are likely to make their debuts in September and to hit the market in October, according to industry sources.
Jonathan S. Geller / BGR:
More letters to RIM; employees rally alongside anonymous exec  —  BGR published an open letter to Research In Motion yesterday from an anonymous high-level RIM executive who begged for senior management to take notice of all of the issues within RIM.  The exec explained how the company …
Sachin's Posterous:
Why Apple built Final Cut Pro X  —  I worked on Final Cut Pro from 2002 to 2008.  It was an amazing experience.  The Final Cut Pro X project was just getting started when I left Apple.  It was an ambitious and controversial move, but it made sense for Apple.  Here's why:  —  Apple doesn't care about the pro space
Discussion: Shiny Objects and Edible Apple
RELATED:
Leena Rao / TechCrunch:
Adobe Offers 50 Percent Discount For Final Cut Pro Users Who Switch To Premiere Pro
Mark Gurman / 9to5Mac:
OS X Lion Golden Master seeded to developers ahead of July launch  —  Apple has seeded the golden master version of OS X Lion to developers ahead of its public release sometime this month (July).  The golden master download is available from Apple's Mac Developer website.  The build number is 11A511.
Discussion: MacRumors, CNET News, BGR, Macworld and TUAW, Thanks:computer_slave
RELATED:
Sarah Perez / ReadWriteWeb:
Thanks to Google Plus, Picasa Gets Unlimited Storage for Photos & Videos, Also Better Tagging  —  With the launch of Google Plus, there may be some confusion as to how the photos uploaded to the social network (Google+) integrate with Google's online photo-sharing service (Picasa), especially in terms of storage limits.
Discussion: Technologizer and Liliputing
Henry Blodget / The Business Insider:
Facebook Goddess Sheryl Sandberg On Short List To Replace Tim Geithner As Treasury Secretary  —  Yesterday, word was leaked that Treasury Secretary Tim Geithner is considering quitting soon, which immediately triggered speculation about who would replace him.  —  One of the names that came up?
Discussion: James Pethokoukis
Richard Lawler / Engadget:
Consortium including Apple, EMC, Ericsson, Microsoft, RIM and Sony snags Nortel patents for $4.5 billion  —  News that Google had competition for a bundle of patents being sold by bankrupt Nortel Networks surfaced a week ago and now it's official; a consortium of companies including Apple …
RELATED:
Rafe Needleman / CNET News:
Developer API for Google+: It's coming  —  Google's new social network, Google+, has only been public for two days, and developers are already interested in access to the service so they can roll out add-ons and improvements.  —  Fortunately for them, and ultimately for Google+ users, developer access is coming.
RELATED:
Chris Thompson / About Foursquare:
Did Google just sneak a foursquare competitor under our noses?
Discussion: Fast Company and Pulse2
Phil Nickinson / Android Central Podcast:
Verizon Droid 3 specs revealed, show a 4-inch Gingerbread world phone  —  Hey, look at that.  It's the Verizon Droid 3 specs — and lined up next to the Droid 2 and Droid X2 for good measure.  Let's just give 'em the full rundown.  —  The Droid 3 looks like it'll launch with Android 2.3 Gingerbread.
Dick Craddock / The Windows Blog:
Instant email: how we made Hotmail 10x faster  —  We announced last week a new version of SkyDrive, in which SkyDrive was redesigned from the ground up to have great performance on modern browsers.  Like the SkyDrive team, we've also been hard at work on ways to speed up Hotmail.
Twittereng / Twitter Engineering:
Fast Core Animation UI for the Mac  —  Starting today, Twitter is offering TwUI as an open-source framework (https://github.com/twitter/ twui) for developing interfaces on the Mac.  —  Until now, there was not a simple and effective way to design interactive, hardware-accelerated interfaces on the Mac.
Discussion: Daring Fireball
Michael de la Merced / DealBook:
Go Daddy to Sell Itself to K.K.R. and Silver Lake  —  The Go Daddy Group, the controversial giant of Internet address registration companies, said on Friday that it will sell itself to a group led by Kohlberg Kravis Roberts and Silver Lake.  —  While the company did not disclose financial terms of the deal …
Graham Spencer / MacStories:
The New York Times Enables In-App Subscriptions For Their iPad And iPhone Apps  —  The New York Times has today released an update for their iPad and iPhone apps that now enables users to purchase in-app subscriptions for their content that is behind a paywall.
Betina Chan-Martin / Hulu Blog:
TV Just Got A Whole Lot More Social  —  Do you remember when?  —  I knew Dwight's stint as manager of the Scranton office would end with hilarious results.  But did I see that coming?  Not in a million years.  But of course, the moment he strutted out with his holster (and gun!) …
Max Wang / DigiTimes:
Apple likely to dethrone HP as leading portable PC vendor  —  Apple is likely to replace Hewlett-Packard (HP) as the global number one notebook vendor in 2012 if tablet PCs are included in the calculation of global notebook shipments, according to industry sources.
Simon Mackie / GigaOM:
Chrome breaks 20 percent global browser market share  —  Google's Chrome browser is continuing to grow in popularity.  According to StatCounter, a website analytics company, Chrome is now used by a fifth of Internet users worldwide, taking 20.7 percent of the global browser market in June, up from just 2.8 percent in June 2009.
 
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 More Items: 
Ryan Lawler / GigaOM:
Hulu halts Facebook Connect after exposing user data
Discussion: Engadget, AVRev.com and Hulu Blog
Rachel Chitra / Reuters:
Nokia to exit Japan cellphone market by August: report
Discussion: CNET News, SlashGear and PhoneArena
Alistair Barr / Reuters:
Facebook set for $1 billion in social-gaming revenue
CNNMoney.com:
Google braces for illegal drug ad fine
Discussion: The Next Web
Leena Rao / TechCrunch:
LinkedIn Cuts Off API Access To BranchOut, Monster's BeKnown And Others For TOS Violations
Greg Sandoval / CNET News:
Spotify, Facebook in talks on music service
Liz Gannes / AllThingsD:
Even as It Makes Credits Mandatory for Games, Facebook Downplays Its Payment Ambitions
 Earlier Items: 
Gautham Nagesh / Hillicon Valley:
Google hiring 12 lobbying firms as FTC readies antitrust probe
Discussion: paidContent, 9to5Google and Reuters, Thanks:gnagesh
Megan Garber / Nieman Journalism Lab:
A year after its big redesign, how Google News is thinking about the best ways to present news stories
Discussion: MediaPost
Connie Loizos / PE Hub Blog:
Kleiner Perkins and Andreessen Horowitz: Separated at Birth?
The New York Observer:
Steal This Start-Up! No Longer Content to Write Checks, VCs Are Giving Away Their Best Ideas
Mike Shields / digiday:DAILY:
Tumblr is Blowing Up — So When Will Its Business?
Discussion: Betabeat