Techmeme
May 23, 2012, 8:55 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.
Wall Street Journal:
Inside Fumbled Facebook Offering  —  Less than three days before Facebook Inc.'s initial public offering, Chief Financial Officer David Ebersman decided to boost the number of shares the company would offer investors by 25%, said people familiar with the planning.
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.
Shane Richmond / Telegraph:
Jonathan Ive interview: Apple's design genius is British to the core  —  Apple's design guru Jonathan Ive, who receives a knighthood today for creating products such as the iPad, tells Shane Richmond why this country's industrial heritage lies behind his success.
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.
Matt McGee / Search Engine Land:
Bing's Visual Search Is Gone (Has Been For A While, Actually)  —  The fact that almost no one noticed might be one reason why Bing has dropped its Visual Search feature ... something that apparently happened months ago.  —  To be clear, this isn't traditional image search that we're talking about …
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
New York Times:
Google Privacy Inquiries Get Little Cooperation  —  Secrets spilled across the computer screen.  —  After months of negotiation, Johannes Caspar, a German data protection official, forced Google to show him exactly what its Street View cars had been collecting from potentially millions of his fellow citizens.
Jerry Hirsch / Los Angeles Times:
Plan for self-driving cars passes California Senate hurdle  —  Legislation allowing for the use of self-driving cars such as this Toyota Prius modified by Google passed the California State Senate (Getty Images / May 21, 2012)  —  A bill that allows for the use of self-driving cars …
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, IntoMobile and The VergeThanks:@malliegator
Om Malik / GigaOM:
Kickstarted: my conversation with Kickstarter founder Perry Chen  —  We are on the cusp of a big economic shift.  I believe that the industrial era is coming to an end and Kickstarter just might be the most visible representation of that.  When I look at Kickstarter, I see small businesses that have been funded by their customers.
More: Mashable!

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