Techmeme
May 18, 2012, 9:55 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.
Livestream:
NASDAQ Live  —  NASDAQ Live is a dedicated channel broadcasting IPOs, bell ringing ceremonies and tastemaker interviews.  NASDAQ Live is a dedicated channel broadcasting IPOs, bell ringing ceremonies and tastemaker interviews.  Watch here, or Like us on http://Facebook.com/NASDAQ
More: VentureBeat, GigaOM and BitsTweets: @emilychangtv
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.
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 …
Jennifer Van Grove / VentureBeat:
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:
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.
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.”
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 …
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.
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.
Somini Sengupta / New York Times:
Reticent Rich: Preferred Style in Silicon Valley  —  MENLO PARK, Calif. — Wealth is here if you know where to find it.  —  Fabulous home theaters are tucked into the basements of plain suburban houses.  Bespoke jeans that start at $1,200 can be detected only by a tiny red logo on the button.
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 …
CB Insights:
2012 Venture Capital Funding to Facebook Mafia Up 137% vs. 2011.  Greylock is Most Active VC FB Mafia Investor So Far.  —  The Facebook Mafia isn't waiting for an IPO to strike out on their own as company alumni have already raised $271 million of venture capital funding since 2006.
Pui-Wing Tam / Wall Street Journal:
More Start-Ups Join the $1 Billion Club of Valuations  —  Pinterest Is Latest Start-Up Hitting Rich Valuation; Venture Activity Rivals Dot-Com Boom Days  —  The coveted club of Silicon Valley start-ups worth a billion dollars is quickly losing its exclusivity.
Tweets: @hunterwalk

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