Techmeme
July 13, 2012, 12:30 PM

Top News

Wall Street Journal:
Betaworks to Pay $500,000 for Fallen Social Media Star Digg  —  New York technology development firm Betaworks has agreed to buy news-sharing website Digg, in an attempt to revive a company that was early to social media but outmaneuvered by rivals like Facebook Inc. and Twitter Inc.
Megan Garber / The Atlantic Online:
The Burying of Digg, by the Numbers  —  The social news site, in a different time, tried to sell itself for $300 million.  —  This afternoon, Digg announced that it's been acquired by the incubator Betaworks — for a purchase price, The Wall Street Journal reports, of $500,000.
Jordan Kahn / 9to5Mac:
Apple's in-app purchasing process circumvented by Russian hacker  —  Today we received some disturbing tips that a Russian developer has published a method of obtaining in-app purchases from iOS apps for free.  First noticed by Russian blog i-ekb.ru, the “in-app proxy"method does not require a jailbreak …
Nielsen Blog:
Two Thirds of New Mobile Buyers Now Opting For Smartphones  —  During Q2 2012 smartphone penetration continued to grow, with 54.9 percent of U.S. mobile subscribers owning smartphones as of June 2012.  This growth is driven by increasing smartphone purchases: 2 out of 3 Americans who acquired …
Bloomberg:
Diller Says Aereo Will Expand To Most Large U.S. Cities  —  Aereo Inc., the online television service backed by Barry Diller, will expand from New York to other large U.S. cities following a favorable court ruling, the 70-year-old billionaire said.  —  “We're going to really start marketing …
Business Week:
The Education of Groupon CEO Andrew Mason  —  There's an excellent Japanese restaurant in Chicago's Wicker Park neighborhood.  The place has been around for years and still draws a crowd, a trendy mix of tattooed hipsters and business-casual professionals.  Black-clad waiters …
Somini Sengupta / New York Times:
U.S. Pursues Richard O'Dwyer as Intermediary in Online Piracy  —  Richard O'Dwyer, an enterprising 24-year-old college student from northern England, has found himself in the middle of a fierce battle between two of America's great exports: Hollywood and the Internet.
The Official Google Blog:
Street View goes on a road trip through California's national parks  —  One hot summer day in Yosemite National Park in Northern California, I sat under a tree along a lazy river in awe of the natural beauty around me.  I looked out at the majestic granite mountains, the chirping birds …
Rob Walker / New York Times:
Can Tumblr's David Karp Embrace Ads Without Selling Out?  —  It's been said (by Steve Jobs, no less) that good design is not just about how a thing looks but rather about how a thing works.  But maybe design is also about how a thing feels.  —  The design of Tumblr, the blogging tool and social network, is guided by feeling.
More: Digiday
Emil Protalinski / ZDNet:
Android Forums hacked: 1 million user credentials stolen  —  Summary: Phandroid's AndroidForums.com has been hacked.  The database that powers the site was compromised and more than 1 million user account details were stolen.  If you use the forum, make sure to change your password asap.
Eric Slivka / MacRumors:
Retina MacBook Pro Shipping Estimates Improving for the First Time  —  For the first time since its launch just over one month ago, Apple's Retina MacBook Pro has begun to see improvements in shipping estimates for new orders placed through the company's online store.
Steve Stecklow / Reuters:
FBI probes China's ZTE over Iran tech deals: report  —  (Reuters) - The FBI has opened a criminal investigation into ZTE Corp over the Chinese company's sale of banned U.S. computer equipment to Iran and its alleged subsequent attempts to cover it up and obstruct a Department of Commerce probe, the Smoking Gun website reported.
Connie Guglielmo / Forbes:
Apple, Challenged By Greenpeace, Says It Has A Plan To Run Greener Data Centers  —  Greenpeace International gave Apple a mixed review over its clean energy plans for its data centers, the huge servers farms that power its iCloud and its other online services like iTunes …
Sarah Perez / TechCrunch:
Jetpac's Social Travel iPad App Grabs $2.4 Million From Khosla Ventures, Jerry Yang And Others  —  Jetpac, a gorgeous social travel application for iPad, has just scored $2.4 million in Series A funding from Khosla Ventures, Morado Venture Partners, Yahoo co-founder Jerry Yang and [redacted] …
More: Tnooz and VentureBeat

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Mark Gurman / 9to5Mac: