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Techmeme
May 21, 2012, 9:10 PM
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Felix Salmon:
Morgan Stanley's $2.4 billion Facebook short  —  Matt Levine had a very wonky post on Friday afternoon about the dynamics of the Facebook IPO in general and of the very misunderstood greenshoe option in particular.  Now that we've all had a nice relaxing weekend, it's maybe worth revisiting that greenshoe …
Hayley Tsukayama / Washington Post:
Facebook closes at $34, far below IPO price  —  After a brutal day of trading, Facebook closed at $34.03, down nearly 11 percent and well below the company's initial offering price of $38.  —  Shares opened below the break-even mark and never recovered Monday.
Steven Sinofsky / MSDN Blogs:
Enhancing Windows 8 for multiple monitors … Connecting multiple monitors to a PC is one of the easiest ways to enhance your Windows experience.  Plug in a second monitor and you instantly double your working surface.  I've had a multi-monitor setup for the past 10 years …
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 …
Seth Weintraub / 9to5Mac:
Apple CFO Peter Oppenheimer sends brochure to Cupertino neighbors inviting feedback on new 'Campus 2′  —  Apple is currently involved in an outreach program to new neighbors in its planned “Campus 2″ area.  A brochure was mailed this week to residents surrounding the new campus …
Jordan Kahn / 9to5Mac:
Sony releases ‘Music Unlimited’ Spotify competitor as iOS app  —  Looking to rival competitors like Spotify and MOG, Sony today launched its Music Unlimited streaming service as an iOS app.  We told you back in January that it was coming, but today the free app officially hits the App Store …
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.
Nate Anderson / Ars Technica:
Supreme Court declines to hear $675,000 file-swapping case  —  Boston student Joel Tenenbaum may be in for a second federal trial.  —  Appeal denied  —  United States Supreme Court  —  The Supreme Court this morning declined (PDF) to hear the appeal of admitted file-swapper Joel Tenenbaum …
John Cook / GeekWire:
Google pays $10M for TeraHop patents: Sale to help investors in fraud case recoup cash  —  Big technology companies are searching everywhere for patents, looking to protect themselves from future litigation.  Now, Google has emerged as the buyer of a patent portfolio in a complex fraud case …
Josh Constine / TechCrunch:
After Walking Away From Acquisition Talks With Facebook, Ark Opens Its People Search Engine  —  Following a jam-packed beta test and a jaw-dropping $4.2 million seed round, Ark people search is open for sign ups...at least for the next three days.  Ark lets you sift through profiles on Facebook …
More: GigaOM and CNET
Josh Lowensohn / CNET:
ITC once again sides with Apple, RIM in Kodak patent spat  —  The U.S. International Trade Commission today once again said Apple and Research In Motion are not infringing on a patent held by Eastman Kodak.  —  ITC administrative law judge Thomas Pender today posted his initial determination …
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 …
Matthew Panzarino / The Next Web:
Google giving Cornell University 22k square feet of free office space at its NYC HQ for 5 years  —  Google's Larry Page today announced that the company would be giving over the use of 22,000 square feet of its New York City headquarters to CornellNYC Tech, while the university builds its new campus on Roosevelt Island.
Liz Gannes / AllThingsD:
Google Voice Founder Tackles Conference Calls  —  Uberconference debuts today as a new interface for conference calls — you know, those terrifically annoying occurrences that people in business deal with on a daily basis.  —  What's notable about the product is it comes from Craig Walker …
More: TechCrunch
Ellis Hamburger / The Verge:
Spotify expands to Australia and New Zealand  —  Spotify has just announced that it's expanding to Australia and New Zealand starting today, a few months after it announced availability in Germany.  All three tiers of Spotify (free, unlimited, and premium) will be available in New Zealand and Australia …
Alexia Tsotsis / TechCrunch:
Fab Seeking To Raise $100M At A Super Fab Valuation  —  Earlier today we spoke to Fab.com CEO Jason Goldberg at TechCrunch Disrupt, on the anniversary of his company's pivot from gay social network to design-focused flash sales site, and a week after its mini-pivot to curated social shopping site.
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.
Cecilia Kang / Washington Post:
FTC names Internet privacy expert as senior adviser  —  The Federal Trade Commission has named an Internet privacy expert to advise on mobile privacy and competition issues as the agency takes on high-profile investigations of potential harm to consumers by the Web's biggest firms.
Brier Dudley / The Seattle Times:
Q&A: T-Mobile CEO on layoffs, iPhone, mergers and more  —  After a detour through Dallas, Philipp Humm is finally getting to reshape T-Mobile USA.  —  Humm reinvigorated T-Mobile's German business before parent company Deutsche Telekom sent him to Bellevue in 2010, to rev up America's fourth largest wireless company.

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From Mediagazer

Jennifer Jacobs / CBS News:
US officials discussed firing Stars & Stripes publisher Max Lederer ahead of his Sept. 30 retirement, which was provoked by differences with the Trump admin

Charlotte Klein / New York Magazine:
A look at upcoming changes to 60 Minutes under Nick Bilton, including making greater use of its archive and potentially turning interviews into podcasts

Georg Szalai / The Hollywood Reporter:
Charter closes its $34.5B Cox acquisition, announced in May 2025, uniting two of the biggest US cable and broadband providers, and completes its Liberty deal

More News

Earlier Picks

Foo Yun Chee / Reuters:
EU offers Google last chance in antitrust case
Marguerite Reardon / CNET:
Cable companies expand free Wi-Fi
Jon Russell / The Next Web:
Google Chrome overtakes Internet Explorer as the Web's most used browser
Daniel Terdiman / CNET:
Leap Motion: 3D hands-free motion control, unbound
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