Techmeme
May 17, 2012, 4:11 AM

Top News

Amit Singhal / The Official Google Blog:
Introducing the Knowledge Graph: things, not strings  —  Search is a lot about discovery—the basic human need to learn and broaden your horizons.  But searching still requires a lot of hard work by you, the user.  So today I'm really excited to launch the Knowledge Graph …
Sue Marek / FierceWireless:
Verizon will kill ‘grandfathered’ unlimited data plans, push users to data share  —  Verizon Wireless (NYSE:VZ) plans to eliminate the $30 per month unlimited data plan that it still provides to 3G customers who were “grandfathered” into the plan because they were data customers prior …
Neal Gompa / ExtremeTech:
Japanese researchers transmit 3Gbps using terahertz frequencies  —  Researchers at the Tokyo Institute of Technology have developed a new wireless transmission system that works above all currently regulated spectrum frequencies.  The new system works at the range of 300GHz to 3THz (terahertz) …
Enigmax / TorrentFreak:
Pirate Bay Under DDoS Attack From Unknown Enemy  —  Although Pirate Bay downtime happens a handful of times each month, it rarely persists for more than a few hours.  When it goes beyond that the steady flow of reader emails to TorrentFreak quickly transforms itself into a torrent.
Kim-Mai Cutler / TechCrunch:
Sleepover Time!  All-Night Hackathon Precedes Facebook IPO At Headquarters  —  Carrying on in the esteemed tradition of Facebook hackathons, there will be an all-nighter on Thursday at the company's Menlo Park headquarters that culminates with CEO Mark Zuckerberg ringing in the NASDAQ bell ahead …
Brian Ashcraft / Kotaku:
Toyota Just Turned the Nintendo DS into a Navigational System  —  If Japan uses the Nintendo DS in schools, then why not in cars?  Toyota's newest Smart Navi car navigational system enables drivers to turn the Nintendo DS into a navi remote control.  —  No, no, no not drivers.  Passengers.
Colleen Taylor / TechCrunch:
Palantir Technologies Nabs $56M In New Funding, SEC Filing Shows  —  Palantir Technologies, the big data analysis company founded in 2004 by a team of ex-PayPal employees including Peter Thiel, has raised $56 million in new funding, according to a document filed today with the Securities and Exchange Commission.
Reuters:
Samsung loses $10 billion market value on Apple order report  —  (Reuters) - Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant's market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida.
Don Reisinger / CNET:
Facebook's latest filing: Insiders are cashing in  —  Facebook today revealed that it will have more shares than expected available to investors when it goes public on Friday.  But the social network won't be the one cashing in on it.  —  Facebook will now offer up to 484.4 million shares …
Robin Wauters / The Next Web:
Fotolia scores $300m in equity, debt financing from PE firm KKR in exchange for 50% stake  —  First stock imagery site Shutterstock files for a $115 million IPO, and now rival Fotolia is selling 50 percent (note: link goes to a paywalled Financial Times article) of the company to private equity firm Kohlberg Kravis Roberts & Co. (KKR).
Rebecca Mackinnon / Foreign Policy:
The Rise of Europe's Private Internet Police  —  Activists are fighting to rein them in.  —  In 2005, Peter Mahnke, a resident of the English town of St. Margaret's, Middlesex, set up a community website.  For the past seven years, he and a handful of local volunteers have been publishing regular updates …
David Meyer / GigaOM:
Rocket caught copying Fab code in Nigerian push  —  In recent days, Berlin clone factory Rocket Internet has had a register-your-interest page up for its new Nigerian site, Sabunta.  It's a clothing store and, once launched, it will probably look like Rocket's many other Zappos clones.
More: Portfolio
Mike Isaac / AllThingsD:
In the Race to Win Social Video, Is One App Gaming the System Too Much?  —  There's a popular maxim in Silicon Valley: Find your user base and the revenues will come later.  —  For a while, it seemed to be the easiest way for a founder to explain his or her way out of a proper business model.
More: BetaKit.  Thanks:@mikeisaac
Sarah Perez / TechCrunch:
Path CEO Dave Morin Joins Eventbrite Board  —  Path co-founder and CEO Dave Morin is joining the board of the event ticketing startup Eventbrite, the company is announcing today.  The news of the appointment follows what has been, so far, quite a busy year for the startup …
Ki Mae Heussner / GigaOM:
Bloglovin, a prettier take on RSS and Tumblr, gets Betaworks investment  —  When Mattias Swenson, Patrik Ring and their three co-founders first decided to launch a startup out of high school, the plan was to work on it for a year and then move on with their lives.
Larry Dignan / CNET:
Netflix: Disgruntled customers rejoining service  —  A third of Netflix's new customers are people who quit the service and signed up again in less than a year, says the company's CFO at an investor conference.  A Netflix executive said today the company has taken its brand hit for pricing changes last year …
Sarah Perez / TechCrunch:
Mobile Payments Startup Jumio Takes On Card.io With Credit Card Scanning Toolkit For App Developers  —  Mobile payments and identity verification company Jumio is introducing its Netswipe Mobile SDK today, which allows developers to add credit card scanning functionality to their mobile applications.

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