Techmeme
May 17, 2012, 9:55 PM

Top News

Facebook Newsroom:
Facebook Announces Pricing of Initial Public Offering  —  Facebook (NASDAQ: FB) today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.  The shares are expected to begin trading on the NASDAQ Global Select Market …
Lee Spears / Bloomberg:
Facebook Raises $16 Billion In Biggest Technology IPO On Record  —  Facebook Inc. (FB) raised $16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range.  —  The social network, led by 28-year-old Mark Zuckerberg …
Dan Primack / Fortune:
Facebook IPO: Who got rich(er)?  —  Counting down the big Facebook winners.  —  FORTUNE — Facebook (FB) has priced its highly-anticipated IPO at $38 per share, with a large number of shares coming from company insiders.  —  So here's a quick list of who made what, based on the assumption …
Othman Laraki / Twitter Blog:
New tailored suggestions for you to follow on Twitter  —  Every day, hundreds of thousands of people sign up for Twitter to get closer to the things they care about — friends, businesses, celebrities, news and information from all over.  If you've used Twitter for awhile …
Nick Bilton / Bits:
Twitter Implements Do Not Track Privacy Option  —  It's no secret that Facebook is worth about $100 billion because it collected personal data about its users.  A lot of data.  —  Although Twitter tracks its users too — albeit in a much less aggressive way — the company has decided to take a different route.
Cathy Avgiris / Comcast Voices:
Comcast to Replace Usage Cap With Improved Data Usage Management Approaches  —  Today, the way people use video and access information has changed dramatically.  Four years ago, when we first instituted a broadband Internet data usage threshold, the iPhone had just been introduced …
Aaron Ricadela / Bloomberg:
Hewlett-Packard Said to Consider Cutting as Many as 25,000 Jobs  —  Hewlett-Packard Co. (HPQ) is considering cutting as many as 25,000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said.
Ingrid Lunden / TechCrunch:
Schumer And Casey's Ex-PATRIOT Act: Details Of How They Plan To Get Saverin's $67M And More  —  Charles Schumer and Bob Casey, the two U.S. Senators behind the Ex-PATRIOT act — a proposal to go after early Facebook backer Eduardo Saverin and others like him that have renounced U.S. citizenship …
Brian X. Chen / Bits:
Verizon Clarifies: Unlimited Data Plans Will Die Slow Death  —  Verizon on Wednesday outlined its goals with shared data plans, and some news organizations incorrectly reported that it was killing unlimited data plans the instant that shared data plans were introduced.
Vlad Bobleanta / Unwired View:
What app problem?  Microsoft is developing a service to migrate all your Android apps to a new Windows Phone  —  According to a patent application filed in November 2010, Microsoft is working on a service that would let you migrate apps and app data between devices and even between different mobile operating systems.
Evelyn M. Rusli / DealBook:
Spotify's Financing Is Said To Lift Value to $4 Billion  —  Spotify is in the process of raising a new round of financing that would value the popular online music service at up to $4 billion, according to people with knowledge of the matter, in the latest eye-popping Internet company valuation.
Derrick Harris / GigaOM:
Scoop: Google, Microsoft both targeting Amazon with new clouds  —  Google is hard at work on a cloud computing offering that will compete directly with the popular Amazon EC2 cloud, according to a source familiar with Google's plans.  Not to be outdone, other sources have confirmed Microsoft …
More: CNET and WebProNews
Jason Del Rey / AdAge:
Amazon to Sell Ads on Kindle Fire Welcome Screen — If You Have $600K  —  Amazon Seeks Big Money as It Brings Advertising to its Hottest Tablet  —  The Kindle Fire is Amazon.com's best-selling product, the company said in its first-quarter-earnings release.  And it's being treated that way by the Amazon ad sales team.
More: GeekWire and Business InsiderThanks:@learmonth
Aamir Usman / Shoutpedia:
Apple is Filtering “Jailbreak” Term in the US iTunes Store  —  Apple is reportedly filtering the “Jailbreak” term from the iTunes items.  All the categories are affected with this filter including Apps, songs, albums, podcast episodes, and iTunes U episodes.
Ansuya Harjani / CNBC:
India Set to Overtake US as Facebook's Largest Market  —  India is set to overtake the U.S. as the world's largest Facebook market by number of users as early as 2015, according to social media analysts, driven by the growing internet penetration in the country, particularly on the mobile platform.
Ellen Nakashima / Washington Post:
White House's cybersecurity official retiring  —  The White House's cybersecurity coordinator said Thursday that he is stepping down at the end of this month after a 2 1 / 2-year tenure in which the administration has increased its focus on cyber issues but struggled to reach agreement …

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