Techmeme
May 18, 2012, 9:40 AM

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 …
Jennifer Van Grove / VentureBeat:
Watch Facebook's historic IPO live on the NASDAQ's website  —  Facebook has priced its shares at $38 and will raise up to $18.4 billion in the largest technology IPO in U.S. history.  Those who don't want to miss a single moment of the watershed occasion are in luck, as the NASDAQ will be live streaming Facebook's big debut.
Jennifer Van Grove / VentureBeat:
Reuters:
GM ad move followed failed Facebook pitch: sources  —  (Reuters) - Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.  —  GM announced the decision to drop Facebook paid ads on Tuesday in what was the first highly visible crack in Facebook's strategy …
Salvador Rodriguez / Los Angeles Times:
Eduardo Saverin congratulates Mark Zuckerberg over Facebook  —  Facebook co-founder Eduardo Saverin congratulated his fellow co-founder and company CEO Mark Zuckerberg for a job well done, crafting a dorm room start-up into the largest tech company IPO in history in just eight years.
Miyoung Kim / Reuters:
Samsung gets 9 million preorders for new Galaxy phone: report  —  (Reuters) - Samsung Electronics Co has received some 9 million pre-orders for its third-generation Galaxy S smartphone from more than 100 global carriers, the Korea Economic Daily reported on Friday.
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 …
Dustin Curtis:
Twitter is tracking you on the web  —  In a blog post today announcing Twitter's new tailored suggestions system is something that has me absolutely shocked: an overt admission that Twitter is transparently tracking your movements around the web.  Othman Laraki, on the Twitter blog:
Austin Carr / Fast Company:
J. Crew CEO, Apple Board Member Mickey Drexler Reveals Steve Jobs' iCar Dream, Confirms “Living Room” Plans  —  J. Crew CEO and Apple board member Mickey Drexler offers an insider's perspective on Steve Jobs's vision: “Steve's dream before he died was to design an iCar.”
Chris Ziegler / The Verge:
RIM, Motorola told Apple they could find a nano-SIM compromise: here it is  —  Eventually, the committee chairman decided to hold an informal vote by show of hands whether each of the two proposals adequately met the jamming requirement.  For the Apple design, seven voting members said it did not, 28 said it did.
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.
Kara Swisher / AllThingsD:
Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal — Half Now, Then Half of What's Left After Eventual IPO  —  Yahoo is in the final stages of selling a large chunk of its stake in the Alibaba Group back to the company — in a complex deal that is set to include a multi-billion-dollar share buyback …
James Raybould / Linkedin Blog:
The Top 10 tech startups best positioned to strike engineering gold  —  In today's Silicon Valley, engineering talent is as sought after by companies as gold was by the first prospectors in the Wild West.  Talent is a company's most important asset, so we decided to use LinkedIn's data insights …
Zack Whittaker / ZDNet:
UK government staff caught snooping on citizen data  —  Don't worry about hackers illegally accessing government systems.  It turns out government workers and civil servants who are trusted with private citizen data are more likely to access your data illegally.
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 …
Eric Pfanner / New York Times:
Building the Next Facebook a Tough Task in Europe  —  PARIS — The coffee machine spits out doses of espresso.  Young men in shorts and loafers line up on a leatherette sofa, balancing Macs or iPads on their knees, discussing bands or business plans.  Some speak French, others English.
Jamillah Knowles / The Next Web:
UK Pirate Party sees more than 1.8m visits in 24 hours after ISPs block The Pirate Bay website  —  The move to stop Pirate Bay in the UK means that ISPs are now blocking the site due to an order from the High Court.  Tough times for pirates, but high times for the UK Pirate Party (PPUK) …

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