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May 21, 2012, 2:00 PM
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Henry Blodget / Business Insider:
Well, Now That Everyone Has Sobered Up, Let's Figure Out What Facebook Is Actually Worth...  Thank goodness that's over.  —  The Facebook IPO could have been a major disaster for millions of individual investors.  —  If the stock had “popped” to a truly ludicrous level on IPO day …
More: Guardian and CNET
Mike Isaac / AllThingsD:
On Day Two, Facebook Shares Open More Than 10 Percent Off  —  After opening at a share price of $36.53, shares of Facebook stock dipped by more than 10 percent below the company's initial public offering price of $38, trading as low as $33 at one point on Monday morning.
Dan Scholnick / TechCrunch:
How The Media (Including TechCrunch) Is Wrong About Facebook's IPO  —  Judging by many of the headlines on Friday, you might think that Facebook's IPO was a miserable failure.  The Wall Street Journal declared, “Facebook's IPO Sputters,” and our very own TechCrunch declared that bankers were “struggling” to keep the share price up.
More: CNET, Inquirer and The Register.  Tweets: @om
Jon Russell / The Next Web:
Google Chrome overtakes Internet Explorer as the Web's most used browser  —  Google Chrome has been long expected to leapfrog Microsoft's Internet Explorer (IE) to take its position as the Web's most used browser and, according to data from Statcounter, the momentous change of leadership happened last week.
Ingrid Lunden / TechCrunch:
Motorola Mobility Says $12.5B Google Deal To Close Tuesday Or Wednesday.  Layoffs Coming?  —  Google has reached the final regulatory hurdle to its $12.5 billion acquisition of Motorola Mobility, with China approving the transaction over the weekend, and today Motorola Mobility filed an 8-K form …
Foo Yun Chee / Reuters:
EU offers Google last chance in antitrust case  —  (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine.
Brad Stone / Business Week:
Michael Moritz to Step Back at Sequoia Capital  —  Michael Moritz, the prominent Silicon Valley investor who has backed companies such as Google (GOOG), LinkedIn, PayPal, and Yahoo (YHOO), is stepping back from some of his responsibilities at his firm, Sequoia Capital, and has disclosed …
Daniel Terdiman / CNET:
Leap Motion: 3D hands-free motion control, unbound  —  The startup's technology puts sub-millimeter accuracy at user fingertips, offers control gestures like pinch-to-zoom, and promises new applications that make the Kinect and its kin look like yesterday's news.
Marguerite Reardon / CNET:
Cable companies expand free Wi-Fi  —  BOSTON—The nation's biggest cable operators are banding together to offer free Wi-Fi access to their broadband customers in more than 50,000 hotspots around the country.  —  On Monday, Bright House Networks, Cablevision, Comcast, Cox Communications …
Scott Thurm / Wall Street Journal:
Apple's Cook Tops the List of Highest-Paid CEOs  —  Steve Jobs left big shoes.  Apple Inc. is betting $378 million that Tim Cook is the right guy to fill them.  —  That is the value of the annual pay package Mr. Cook was awarded last August, when he was named Apple chief executive, about two months before Mr. Jobs died.
Josh Constine / TechCrunch:
Google Missed The Boat On Buying Twitter.  “Hasn't Been Interested Since They Committed To Google+” -Fred Wilson  —  Michael Arrington says Dick Costolo gave Google the chance to buy Twitter, but the search giant passed.  Fred Wilson, Union Square Ventures founder and former Twitter board member …
John Paczkowski / AllThingsD:
Carriers Willing to Live With High iPhone Subsidies for Now  —  Much as U.S. wireless carriers would like to reduce the high subsidies they pay on Apple's iPhone, there's little chance that they'll do so anytime soon.  —  Why?  —  They're far too worried about what would happen to their customer-retention rates if they did so.
Robert McMillan / Wired:
How Apple and Microsoft Armed 4,000 Patent Warheads  —  In many ways, Scott Widdowson is your typical electrical engineer.  Most days, when the weather's good, he bikes the 15 miles along the Ottawa River to his company's offices in the west end of the Canadian capital.
More: CNET
Liz Gannes / AllThingsD:
GitHub Now Has a Windows Client  —  GitHub, the collaboration and version control site for open source and corporate developers, today is launching a Windows client.  This is a significant move for the company as 50 percent of its traffic comes from Windows, despite the lack of any core tools for it …
Matthew Panzarino / The Next Web:
How Pixar's Toy Story 2 was deleted twice, once by technology and again for its own good  —  “That's when we first noticed it, with Woody.”  —  “[Larry Cutler] was in that directory and happened to be talking about installing a fix to Woody or Woody's hat.
David Carr / New York Times:
The Atavist Matures as a Publisher and a Platform  —  It sounds like the setup for a very old, stale joke.  Three guys walked into a bar in Brooklyn to complain about the state of journalism ... except by the time these guys were done chatting and plotting, they had come up with an actual business.

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This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, May 21, 2012.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
A judge approves Paramount's settlement with 12 state AGs who tried to block its WBD deal, and Paramount tentatively sets October 6 to close the acquisition

Los Angeles Times:
California Governor Gavin Newsom signs a bill that creates refundable tax credits for local news outlets based on the number of journalists they employ

Alex Weprin / The Hollywood Reporter:
Condé Nast CEO Roger Lynch is stepping down after 7.5 years to become the CEO and chairman of Mattel; lead independent director Mike Perlis will be interim CEO

More News

Earlier Picks

Kara Swisher / AllThingsD:
Fat Lady Finally Sings: Yahoo and Alibaba Officially Shake on $7 Billion Stock Sale Deal [UPDATED]
Sean Buckley / Engadget:
Customs slowly letting HTC handsets into the US, can't say which ones
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