Techmeme
July 13, 2012, 10:50 AM

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.
Alexia Tsotsis / TechCrunch:
Digg Sold To LinkedIn AND The Washington Post And Betaworks  —  Sun Valley and self-driving cars aside, the story of the day today is that social news site Digg has sold its remaining assets for $500K to the NYC-based tech firm Betaworks.  While that number is indeed in the ballpark …
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.
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 …
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 …
Tom Warren / The Verge:
Microsoft may scrap full retail edition of Windows 8, offer OEM and upgrade only  —  Microsoft is reportedly planning to kill its retail full edition of Windows 8, offering simplified upgrade and System Builder options for home users.  The software maker has typically sold upgrade, full …
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.
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.
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 and The Verge
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 …
Mark Gurman / 9to5Mac:
New Food and Drink category goes live in the App Store  —  Earlier this month, Apple promised that a new Food and Drink section would be going live in the App Store in the coming weeks.  Like clockwork, Apple's new App Store section has gone live.  The new section currently holds nearly 3000 apps …
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] …
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.

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Ben Kuchera / Penny Arcade Report: