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5:55 PM ET, November 4, 2011

Techmeme

 Top Items: 
Alexia Tsotsis / TechCrunch:
Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap  —  After some timing drama, daily deal site Groupon finally has begun trading on the NASDAQ this morning, in the most hotly anticipated and largest Internet company IPO since Google.
RELATED:
Henry Blodget / Business Insider:
GROUPON (GRPN): Is Groupon Stock Overvalued?  —  And, it's off!  —  Groupon priced its IPO last night at $20 a share and started trading this morning around $30.  —  So, it's already been a hell of a ride.  —  Right now, the big institutional investors who got the stock at $20 and swore …
Mathew Ingram / GigaOM:
All the Groupon IPO really proves is that the bubble is back  —  After a wave of reports that Groupon would have to drop the price on its initial public offering or even cancel it altogether because of skepticism about the company and its business model, the pendulum of optimism swung back again …
Phil Goldstein / FierceWireless:
U.S. Cellular: We said no to Apple's iPhone  —  U.S. Cellular turned down Apple's (NASDAQ:AAPL) iPhone because it did not make sense for the company economically, CEO Mary Dillon said on the company's third-quarter earnings conference call.  —  Dillon said that the carrier had the opportunity …
John Paczkowski / AllThingsD:
Apple Headed for 60 Percent of Handset Industry Operating Profits  —  With the iPhone, Apple is doing to the smartphone business what it has done to the PC business with the Mac: Generating a disproportionate share of profits relative to revenue.  —  In its third quarter …
RELATED:
Zach Epstein / BGR:
iPhone 4S now No.1 smartphone at top-3 U.S. carriers, iPhone 4 still hot  —  Apple looks to be following up its surprising miss in the September quarter with a huge holiday quarter for its popular iPhone line.  According to Canaccord Genuity's checks, Apple's iPhone 4S was the best-selling smartphone …
Discussion: 9to5Mac
Business Week:
Apple's Supply-Chain Secret?  Hoard Lasers  —  The iPhone maker spends lavishly on all stages of the manufacturing process, giving it a huge operations advantage  —  About five years ago, Apple design guru Jony Ive decided he wanted a new feature for the next MacBook …
Kevin C. Tofel / GigaOM:
Here's the secret to Amazon's, B&N's tablet strategy  —  Barnes & Noble is holding a press event on Nov. 7, where it's expected to launch a successor to its popular Nook Color.  Details and specifications of the new Nook Tablet have already leaked to the web: The 7-inch slate gains performance …
RELATED:
Phil Nickinson / Android Central:
Nook Color dropping to $199; new software update brings Hulu Plus, music
Florian Mueller / FOSS Patents:
European Commission investigating Samsung over possible abuse of FRAND patents against Apple  —  Samsung's various attempts to shut down Apple products — most recently the iPhone 4S — with patents declared essential to the 3G industry standard have now given rise to an antitrust investigation by Europe's top competition “watchdog”.
RELATED:
Eric Slivka / MacRumors:
Apple's New Fifth Avenue Store Cube Fully Revealed [Update: Video]  —  While Apple's Fifth Avenue retail store in Manhattan is not set to reopen until 10:00 AM this morning, crews have completed their work on the revamped glass cube, fully revealing the streamlined design for the first time.
Peter Burrows / Bloomberg:
Apple's First Freebie IPhone Pits Once-Premium Brand Against Bargain Fare  —  Apple Inc. (AAPL)'s iPhone 3GS model is more than two years old and shunned by gadget snobs, and yet it's turning into one of the company's bigger weapons against devices running Google Inc. (GOOG)'s Android software this holiday season.
Kara Swisher / AllThingsD:
Yahoo's Activist Shareholder Loeb Now Targeting Jerry Yang and Wants Him Off the Board  —  Third Point's Daniel Loeb — the smack-tastic hedge fund manager who has bought up a 5.1 percent stake in the Silicon Valley Internet giant and has been hitting some of Yahoo's board upside the head …
Discussion: Tech Trader Daily and DealBook
RELATED:
Kimberly Dozier / Associated Press:
AP Exclusive: CIA following Twitter, Facebook  —  McLEAN, Virginia (AP) — In an anonymous industrial park in Virginia, in an unassuming brick building, the CIA is following tweets — up to 5 million a day.  —  At the agency's Open Source Center, a team known affectionately as the …
Alison Flood / Guardian:
Has China found the future of publishing?  —  Self-publishing websites, where readers pay small premiums for popular authors' latest instalments, has been a spectacular success in China.  Could it work here?  —  Self-publishing: it's exploding in popularity, we all know that …
Discussion: TeleRead
DigiTimes:
Amazon next-generation Kindle Fire likely to have 8.9-inch display  —  Amazon is likely to change its product roadmap by shifting the display size of its next-generation Kindle Fire to 8.9-inch instead of 10.1-inch as originally planned, according to sources in Amazon's supply chain.
Peter Kafka / AllThingsD:
Wait a Minute.  Does Google Really Want to Be a Cable Guy?  —  Google, which is launching a broadband service in Kansas City, has been thinking about adding cable TV to its offering there, the Wall Street Journal reports.  The search giant has been talking to the likes of Time Warner …
Elad Blog:
Why Fewer Companies Are Successfully Raising Series A Rounds  —  One big shift in the startup scene over the last 18 months is the sheer volume of startups getting started and seed funded.  If we use Y-Combinator as a proxy for the broader ecosystem (which is probably directionally correct …
Nick Bilton / Bits:
Thailand Floods Could Affect Cloud Computing  —  Thailand is under water, and as a result, some Internet companies could be facing problems.  —  Flooding in the country has now shuttered more than 1,000 factories — some of which make computer hard drives.
Jennifer Martinez / The Politico:
Google mulls divorcing Chamber of Commerce  —  Google is considering ditching the U.S. Chamber of Commerce out of frustration with its support for legislation that would force Internet companies to police websites that peddle pirated movies and fake Viagra.  —  The rumblings of a defection …
Discussion: Dice Blog Network
Chloe Albanesius / PC Magazine:
Eric Schmidt: Google Does Not Dominate Search, Mobile  —  Google's executive chairman, Eric Schmidt, appeared on Capitol Hill in September to answer questions about whether his company's products are anti-competitive.  He denied that Google gives its own products search preference …
Jason Kincaid / TechCrunch:
Ustream CEO John Ham Steps Down To Work On New Startup  —  John Ham, cofounder and longtime CEO of live streaming video service Ustream, is stepping down from the company he helped start four and a half years ago.  Ham will be replaced by cofounder Brad Hunstable, who will serve as interim CEO …
Discussion: Business Insider
Zachary Sniderman / Mashable!:
Occupy Wall Street Gets Its Own Social Aggregator  —  Anyone following the Occupy Movement knows that it's actually hard to follow all of the Occupy updates.  Occupationalist is a new site that is part social aggregator, part media hub for all things #occupy.
Discussion: @tekhneco
Ryan Lawler / GigaOM:
CBS turned down an ad-based Apple TV deal  —  CBS CEO Les Moonves is known to occasionally drop pieces of information that he's not supposed to on his company's earnings calls, and this quarter was no exception.  When asked about CBS's appetite for striking deals with new streaming providers …
Ingrid Lunden / paidContent:
BPI Asks BT To Block BitTorrent Site Pirate Bay, Or It's Court Time  —  A new twist today in the battle of media companies trying to stop their content from being distributed by illegal means online: the UK's main music trade body, the BPI, has today teamed up others in the creative industries to request BT …
 
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 More Items: 
Josh Lowensohn / CNET News:
Apple gives most of its top execs $60M bonuses
Heather Kelly / VentureBeat:
State of the blogosphere 2011: Using social networks for self-promotion
Discussion: Technorati, CNN and WebProNews
Sinead Carew / Reuters:
Sprint says may use debt to fund Clearwire
Discussion: The Verge, GigaOM, BGR and Bloomberg, Thanks:alexdumitru
Alex Chitu / Google Operating System:
Google's Location-Based Social Annotations
 Earlier Items: 
John Cook / GeekWire:
My five favorite pitches from the TechStars Seattle Demo Day
Discussion: LAUNCH, Tech Cocktail and TechFlash
Ina Fried / AllThingsD:
Sprint CEO Hesse: “We Stand for Simplicity and Value”
Janko Roettgers / GigaOM:
Exclusive: majority of YouTube views from non-English audience
Farhad Manjoo / Slate:
It's Not Just for Baby Photos Anymore
Discussion: Gawker and TechCrunch
Nick Bradbury:
The Long-Term Failure of Web APIs
Thanks:dsilverman
Nick O'Neill:
The Increasingly Prevalent Auto-Follow “Trick”
Discussion: TechCrunch