Techmeme
April 23, 2012, 10:00 AM

Top News

Ben Horowitz / ben's blog:
Instagram … Two years ago we invested $250,000 in Instagram.  Thanks to the spectacular vision and effort of Kevin Systrom and the Instagram team, the investment will be worth $78,000,000 when the Faceboook acquisition closes.  The work that Kevin and team did will go down as legend in the industry and we thank them immensely.
Sherry Turkle / New York Times:
The Flight From Conversation  —  WE live in a technological universe in which we are always communicating.  And yet we have sacrificed conversation for mere connection.  —  At home, families sit together, texting and reading e-mail.  At work executives text during board meetings.
Frederic Lardinois / TechCrunch:
Adobe Officially Unveils CS6 And Its $49/Month All-Inclusive Creative Cloud Subscription Service  —  Today is a big day for Adobe.  Not only is the company officially unveiling the next versions of virtually all of the applications in its Creative Suite, but Adobe is also launching its Creative Cloud online offerings.
Ken Auletta / New Yorker:
Will Stanford and Silicon Valley Transform Education? … - POLITICS - PROFILES - THE TALK OF THE TOWN - COMMENT - TABLE OF CONTENTS - THE FINANCIAL PAGE - NEWS DESK - THE POLITICAL SCENE
More: Betabeat and Ezra Klein
Brian Stelter / New York Times:
NimbleTV Aims to Stream TV on Devices  —  In a move that could hasten the slow pace of so-called TV Everywhere, a technology start-up is introducing a way to move a whole subscription's worth of TV onto the Web, with or without the subscription company's permission.
Jean-Louis Gassée / Monday Note:
Nokia: Three Big Problems  —  Nokia's results for Q1 2012 are in: They're not good.  (See the earnings release here, Management's Conference Call presentation here.)  —  Compared to the same quarter last year, Nokia overall revenue is down 29%, to $9.7B.  And the company is now losing money, $1.8B, 18.5% of revenue.
Staska / Unwired View:
HTC is developing its own CPU for lower end smartphones with ST-Ericsson  —  HTC is following in the footsteps of Apple and Samsung, and is now working on its own dedicated applications processor.  According to China Times, the Taiwanese smartphone maker has already signed memorandum …
Benjamin Jackson / The Next Web:
In its 3rd year, Kickstarter successfully raises over $119 million, taking home $6 million in commission  —  It's easy to root for Kickstarter.  The company has made it possible to bring new, innovative products to market and finance projects that would never get off the ground before the popularization of crowdfunding.

Sponsor Posts

Smartsheet:
Smartsheet Gov Achieves ‘FedRAMP Ready’ Designation  —  Built on AWS GovCloud (US), Smartsheet Gov is the only work execution platform listed in the FedRAMP marketplace for federal agencies and government contractors.
Zoho:
Introducing QA mode and brand-new updates in Goals reports  —  We're excited to share that we've launched Quality Assurance mode for A/B testing, plus new updates to goal reports.
Chromebook:
If you're over the old way of doing things  —  With Family Link on Chromebook, parents have a new, easy way to set digital ground rules and help children create healthy online habits.
Freshdesk:
Your Customers are Omnichannel, You Should Be Too  —  With Freshdesk Omnichannel Customer Support tool, find out how you can seamlessly support your customers across channels including phone, email, chat and social media.
Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

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Tom Warren / The Verge: