Techmeme
May 23, 2012, 4:08 AM

Top News

Henry Blodget / Business Insider:
EXCLUSIVE: Here's The Inside Story Of What Happened On The Facebook IPO  —  And now for some more bombshell news about the Facebook IPO...  Earlier, we reported that the analysts at Facebook's IPO underwriters had cut their estimates for the company in the middle of the IPO roadshow, a highly unusual and negative event.
Michael Wolff / Technology Review:
The Facebook Fallacy  —  Facebook is not only on course to go bust, but will take the rest of the ad-supported Web with it.  Given its vast cash reserves and the glacial pace of business reckonings, that will sound hyperbolic.  But that doesn't mean it isn't true.
Wall Street Journal:
Nasdaq: Hindsight Says to Delay IPO  —  A senior Nasdaq Stock Market executive told customers that the exchange would have put the brakes on Facebook Inc.'s initial public offering had it known the extent of the technical problems that would plague its systems and disrupt the eagerly anticipated listing.
9to5Mac:
Likely next-generation iPhone with 3.999-inch display, 1136 x 640 resolution in testing (updated: more decimals)  —  Apple is testing multiple next-generation iPhones, and we have independently heard that at least one of these devices sports a brand new display.
John Gruber / Daring Fireball:
THX1136  —  Big scoop by 9to5 Mac: … What I've heard from a couple of little birdies is only that Apple has been noodling with increasing the height of the display, keeping the width and pixel density exactly the same as on the iPhone 4 and 4S.  I had not heard an exact pixel number for the new height.
Larry Page / The Official Google Blog:
We've acquired Motorola Mobility  —  The phones in our pockets have become supercomputers that are changing the way we live.  It's now possible to do things we used to think were magic, or only possible on Star Trek—like get directions right from where we are standing; watch a video on YouTube …
Colleen Taylor / TechCrunch:
Kleiner Perkins Sued By Partner Ellen Pao For Alleged Sexual Harassment, Gender Discrimination  —  Kleiner Perkins Caulfield and Byers, one of the most storied and well-respected venture capital firms in Silicon Valley, has been sued by Ellen Pao, an investment partner with the firm.
Mazhar Mohammed / The Windows Blog:
Starting today you need Windows Phone 7.5 to use Marketplace  —  Today's the day.  This afternoon we started requiring Windows Phone 7.5 on phones to download, buy, update, or review apps in Marketplace.  As I've written previously, this change applies to both the phone and web Marketplace storefronts.
Colleen Taylor / TechCrunch:
Airtime Acquires Former Hulu CTO's Startup Erly, Raises $25M Series B Funding  —  We've learned that Airtime, the video startup founded by famed Napster alums Shawn Fanning and Sean Parker, has allegedly made its first acquisition — before truly exiting stealth mode.  The target?
Heather Kelly / VentureBeat:
Google+ wants to be your new Flickr  —  Google+ is succeeding in small bursts, feature by feature.  As a social network competing with Facebook it's a flop, but its video-chat tool Hangouts is a winner.  Now photo sharing is poised to be the service's next breakout hit …
More: Mashable! and GigaOM
Matthew Humphries / Geek.com:
VIA launches $49 Android PC  —  The Raspberry Pi has set the price bar very low for a fully functional PC, and no one has managed to get anywhere near it yet.  VIA is within spitting distance though, with the announcement today of a $49 Android PC (APC) system.
Brent Goldman / Facebook Developer Blog:
Driving mobile app installs with the App Center  —  We're excited that developers are beginning to realize the power of integrating Facebook into their mobile apps.  As of today, seven of the top 10 grossing iOS apps and five of the top 10 Android apps have integrated with Facebook.
More: CNET and The VergeThanks:@malliegator
Carl Franzen / Livewire:
Facebook Begins Testing Redesigned “Timeline” View  —  Days after it first began offering stock in a rocky initial public offering, Facebook has quietly begun testing a new look for user profiles, or “Timelines,” the company confirmed to TPM.  —  Here is a view of the new Timeline view Facebook …
Matt Thompson / The Mozilla Blog:
Introducing “Mozilla Webmaker:” helping the world make the web  —  Today, we're proud to launch “Mozilla Webmaker,” a new program to help people everywhere make, learn and play using the open building blocks of the web.  —  The goal: help millions of people move from using the web to making the web.
John Callaham / Neowin:
Up to 500 million Windows 8 users by end of 2013, says Ballmer  —  Earlier today, we reported that Microsoft CEO Steve Ballmer said that 350 million devices with Windows 7 would be sold in 2012.  Now a new report from AFP claims that Ballmer has made yet another prediction, this time on the sales of Windows 8.
Jon Fingas / Engadget:
Samsung Chromebox gets a premature outing, $330 price tag (video)  —  Samsung has been almost completely silent regarding its Chromebox since its CES outing, so we were taken aback when we were tipped off that it was hiding in plain sight on TigerDirect's web store.
Darrell Etherington / BetaKit:
Fundable Mixes Kickstarter-Style and Equity-Based Crowdfunding  —  New crowdfunding site Fundable, based out of Columbus, OH, is aiming to be among the first to take advantage of the recently passed JOBS Act to provide a platform for U.S. investors to help crowdfund small businesses in exchange for an equity stake.
Ryan Lawler / TechCrunch:
To Capture New Users, Socialcam Redesigns Its Website And Introduces A Leaderboard  —  Social mobile video startup Socialcam is rolling out a new website today, which is designed to create more engagement for users that might not have the mobile app installed.

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