Techmeme: Hey, People Buying YELP At $25 A Share, What On Earth Are You Thinking? (Henry Blodget/Business Insider)

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March 3, 2012, 10:30 AM

Top News

Mark Gurman / 9to5Mac:

iPad 3 prices and features matrix revealed — iPad 3 price matrix will be the same as iPad 2, above — One of the remaining mysteries ahead of the iPad 3 launch next week are the prices and configurations. If you don't like surprises we have good news.

More: Forbes, The Verge, App Advice, PhoneArena, OS X Daily, PadGadget, CNET, Geek.com, Electronista, Gotta Be Mobile, iDownloadBlog.com, The TechBlock and MacRumors

Eric Slivka / MacRumors:

iPads Running iOS 6.0 at Apple's Campus Showing Up in Web Logs — With iOS 5.1 apparently sitting in a holding pattern awaiting the launch of the iPad 3, it should be no surprise that work is well underway on iOS 6.0, the next major update which should appear to the public later this year if past history is any indication.

Joshua Topolsky / The Verge:

Exclusive: Valve said to be working on ‘Steam Box’ gaming console with partners, could announce at GDC — Recently there's been chatter that Valve — the company behind the massively popular gaming service Steam — has been considering getting into the hardware business.

More: VG247, Kotaku, GeekWire and MCV: Home Stream. Tweets: @joshuatopolsky

Henry Blodget / Business Insider:

Hey, People Buying YELP At $25 A Share, What On Earth Are You Thinking? — The king of online local restaurant reviews, Yelp, went public this morning. — Its stock is now trading at $25 a share, ~70 percent above the price institutional investors paid for it last night.

More: Real Dan Lyons

Wall Street Journal:

Yelp IPO Renews Web Boom

Om Malik / GigaOM:

What do Yelp and Twitter have in common?

More: ReadWriteWeb and TechCrunch. Tweets: @jspepper

Alexia Tsotsis / TechCrunch:

Google's Plan To Compete With Apple's Multi-Platform Siri? Google “Assistant” — The tech world woke up today to reports of an imminent Apple TV, as Apple works to solidify deals with content providers. The rumored television product could indeed be ground-breaking, not just for television, but for computing as a whole.

More: WebProNews

Drew Olanoff / The Next Web:

Google+ adds new mask effects for Hangouts, so go turn yourself into a cat — I'm a huge fan of Google+ Hangouts and I think that the company is really onto something when it comes to interaction over video. It beats the absolute crap out of a Skype conversation, and has fun effects like Apple should be creating for Facetime.

More: ReadWriteWeb. Thanks:@thatdrew

Sebastian Anthony / ExtremeTech:

Vortex radio waves could boost wireless capacity “infinitely” — After four years of incredulity and not-so-gentle mocking, Bo Thide of the Swedish Institute of Space Physics and a team in Italy have finally proven that it's possible to simultaneously transmit multiple radio channels over exactly the same wireless frequency.

More: Gizmodo, BBC, PC Pro, TechSpot, Electronista, TechEye, The Register and Slashdot

Mathew Ingram / GigaOM:

Twitter and Facebook share a problem: Proving social ads work — There's a been a big focus recently on the advertising strategy at both Twitter and Facebook, with two in-depth profiles of Twitter in the Wall Street Journal and BusinessWeek that spent a lot of time talking about the company's ad model …

Wall Street Journal:

Twitter's Slow Road to IPO

More: PandoDaily

Josh Constine / TechCrunch:

Giant Bing Search Box Appears On Facebook's Logout Page — Soon when you logout of Facebook, you could be greeted with a full recreation of the Bing home page, complete with pretty photo and an active search box. Facebook has wasted no time launching the new logout page ad unit it unveiled on Wednesday.

More: The Next Web, Softpedia News, WebProNews, gHacks Technology News, The Verge and Friending Facebook Blog

Matthew Panzarino / The Next Web:

Apple's App Store hits 25B downloads right when we predicted, at a rate of 48.6M a day — Apple has announced that there has been 25 billion downloads from the App Store to date. The countdown to 25,000,000,000 apps began on February 17th when Apple said it would give away a $10K gift card …

More: App Advice, iDownloadBlog.com, MacRumors, 9to5Mac, Engadget, WebProNews, AppleInsider, Electronista and The Verge

Brendan McGarry / Bloomberg:

Air Force Gives $9 Million Award for as Many as 18,000 IPads — The U.S. Air Force awarded a $9.36 million contract to buy as many as 18,000 Apple Inc. (AAPL) iPad 2s in one of the military's largest orders of computer tablets. — Air Mobility Command announced the award today …

More: Digital Trends, TechPinions, AllThingsD, Electronista, CNET, Computerworld, The TechBlock, MacRumors, Cel mai citit blog …, iClarified, iLounge and The Verge

Eliot Van Buskirk / Evolver.fm:

Beyond Oblivion: How a Promising Music Startup Imploded — Beyond Oblivion was supposed to save the music industry. — Instead, it lived up to its name, collapsing in dramatic fashion at the end of 2011 when investors lost their patience with a company that kept promising and never delivering.

More: Business Insider and AllThingsD

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