Techmeme
May 9, 2012, 11:15 AM

Top News

Henry Blodget / Business Insider:
How Goldman Sachs Blew The Facebook IPO  —  IPOs are wildly profitable deals for Wall Street investment banks, and they come with huge bragging rights.  —  So it's no surprise that the biggest Wall Street banks fought over the Facebook IPO for years.  —  The inside story of the Facebook …
Dana Wollman / Engadget:
HP unveils Envy Spectre XT Ultrabook, other thin-and-lights in various sizes  —  What's that?  You're hungry for more HP laptops?  Good!  Because we're not nearly done yet!  The company just expanded its line of Ultrabooks from two to five, and that's not even counting this guy.
Chris Ziegler / The Verge:
Nano-SIM update: Apple design modified to fix concerns, standard will be decided this month  —  We just spoke with SIM card maker (and pioneer) Giesecke & Devrient here at CTIA about progress on the creation of the 4FF standard — the so-called nano-SIM — over which Apple and Nokia have been warring in recent months.
Spencer E. Ante / Wall Street Journal:
Foursquare Joins the Coupon Craze  —  Foursquare doesn't want to be another popular—but unprofitable—social network.  Its new plan to make money?  Personalized coupons.  —  The company, which lets users alert their friends to their location by “checking in” via smartphone from coffee shops …
Sam Oliver / AppleInsider:
Apple's next iPhone coming in September, 7-in. iPad launching in August - report  —  Pegatron has reportedly landed orders for Apple's next-generation iPhone, rumored to launch in September, while Foxconn will allegedly manufacture a new 7-inch iPad arriving in August.
Sarah Lacy / PandoDaily:
Sources Say AOL Seeking Buyers for Engadget and TechCrunch.  Arrington “Not In The Least Bit Interested”  —  We weren't sure about this one at first, but now we have two independent sources confirming that AOL is exploring the sale of its cornerstone technology sites Engadget and TechCrunch.
Mathew Ingram / GigaOM:
Twitter: We're still the free-speech wing of the free-speech party  —  As various levels of government both in the U.S. and around the world have stepped up their attempts to track down dissidents through social networks, the pressure has intensified on companies like Twitter and Facebook …
Aden Fine / ACLU:
Jon Brodkin / Ars Technica:
How Amazon saved Zynga's butt—and why Zynga built a cloud of its own  —  Five years ago, the social gaming company Zynga was cruising along with a fairly standard IT infrastructure.  Servers were racked and stacked in a retail data center where Zynga rented space.
Kara Swisher / AllThingsD:
Loeb Again Calls for Thompson Firing From Yahoo, as Former eBay Boss Support Him  —  As expected, Yahoo activist shareholder Daniel Loeb released a new letter on the bio controversy he set off at Yahoo, again calling for the firing of CEO Scott Thompson.  —  “It seems farcical to us …
More: Bloomberg and CNET
Mike Swift / Mercury News:
Facebook spawns ecosystem of startups  —  To get the true measure of what's often called “The Facebook Effect,” look beyond the company.  Generally ignored in the klieg lights focused on Facebook's IPO is a growing ecosystem of other startups that are using the social network's 900 million users to launch their own businesses.
Andrew Sinkov / Evernote Blogcast:
Evernote for Mac Update: Card View, Word Count, New Save Features, and More  —  Today, Evernote for Mac gets a pretty great update (v 3.1) full of new features, redesigned screens and stability improvements.  We've added a completely new Card View, word and character counts for notes, easier attachment export, and much more.
Kelly Fiveash / The Register:
Virgin Media site goes titsup in Pirate Bay payback attack  —  Anonymous claims takedown victory  —  Virgin Media's main website dropped off the interwebs on Tuesday with hackivist collective Anonymous claiming responsibility for the DDoS attacks in response to the company's recent cut-off of The Pirate Bay.
Christina Farr / VentureBeat:
As venture capitalists turn their backs on China, funding dries up  —  Venture capital investment is hitting the skids in China, the world's largest Internet market.  —  VC investment fell to its lowest level in six years this quarter, as reported by Dow Jones VentureSource.
Darrell Etherington / BetaKit:
Flint Launches image-Based Mobile Payment App, Raises $3M Series A  —  The race to find the mobile payments solution that works best for every type of business is on, and San Francisco-based Flint Mobile thinks it has the ideal offering for small businesses who operate mostly on the go.
Andrew Wallenstein / Variety:
Garth Ancier advises Intel on virtual-MSO plan  —  Tech giant taps TV biz vet to help set deals with content companies  —  Hollywood and Silicon Valley may be worlds apart, but Intel Corp. is relying on a TV-biz veteran to bridge the gap.  —  Sources say former BBC Worldwide America CEO Garth Ancier …
Vlad Savov / The Verge:
Evo 4G LTE out on May 18th for $199.99 from Sprint  —  Sprint has just confirmed the official release date for the Evo 4G LTE: May 18th for $199.99 on a two-year contract.  Pre-orders for the dual-core Snapdragon S4-equipped handset were already open since May 7th, so now all those who put …
Elinor Mills / CNET:
Thousands of Twitter passwords exposed  —  Twitter is investigating the release of what appear to be thousands of user account passwords and e-mail addresses.  —  “We are currently looking into the situation.  In the meantime, we have pushed out password resets to accounts that may have been affected …

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