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July 14, 2012, 11:00 AM

Top News

Om Malik / GigaOM:

In Memoriam: Even in losing, how Digg won — The Digg Townhall meeting broadcast live from the Democratic National Convention in Denver, Colorado. 2008. Photo courtesy of Eric Magnuson, via Flickr — Having spent a major part of the week sitting on a beach, practically disconnected …

More: Marketing Pilgrim and Los Angeles Times. Tweets: @qthrul

Aubrey Sabala / TechCrunch:

Thumbs Up: Digg Wasn't A Failure, It Was A Beginning — “Don't let him climb a wall. We haven't finalized his life insurance plan.” — That was one of the first directions I was given at Digg when I started in early 2008. “Him” was Kevin Rose, the founder of the widely popular social news site, and I was on my third day.

More: AllThingsD, ZeroPaid.com, Internet Evolution and Tech Cocktail

Paul Tassi / Forbes:

Facebook Didn't Kill Digg, Reddit Did — Yesterday's news that social media site Digg had been sold for $500K was at the same time shocking, and not surprising at all. The news was somewhat expected at some point given the site's steep decline in popularity and visitors over the past few years.

More: VentureBeat, Betabeat, Mixed Media, blogs.ft.com, Digits and SocialTimes. See also Mediagazer

Spencer E. Ante / Digits:

Kevin Rose: Digg Failed Because ‘Social Media Grew Up’ — In his first interview since the remains of fallen social media Digg star were sold to Betaworks, Digg's founder Kevin Rose said he sold some company shares during the its venture-capital financing rounds but “did not make a lot of money.”

More: Venture Capital Dispatch, CNET, Ted's Take, Datamation.com and SocialTimes. See also Mediagazer

Kevin Rose / Google+:

If you haven't heard the news, I'm thrilled to announce that Digg is now in the hands of Betaworks — (makers of bitly, chartbeat, news.me, and other great products). I've been a big fan of John Borthwick ( http://foundation.kr/11/ ) for awhile now and I'm excited to see where his team takes the product!

More: Pulse2 Technology … and The TechBlock. Tweets: @scottbeale, @drewcurtis and @rossneumann

Dalton Caldwell:

Announcing an audacious proposal — The overwhelmingly positive response to my blogpost, What Twitter could have been has been inspiring. The post has generated 80K pageviews thus far. Without really meaning to, I touched a nerve. The responses to my post largely fell into two camps.

More: GigaOM. Tweets: @semil, @hunterwalk, @gruber, @jason, @davewiner, @daltonc, @carnage4life and @mathewi

Colleen Taylor / TechCrunch:

Dalton Caldwell's ‘Alternative to Advertising Hell’: Making People Actually Pay For A Web Service

Dan Frommer / SplatF:

This guy wants to build a new, better Twitter

Ryan Holmes / Fortune:

The Facebook tweak that killed a billion-dollar industry — Facebook is known for operating in a perpetual beta state, making major changes not infrequently. Problem is, that can stifle a quickly growing niche. — FORTUNE — Mark Zuckerberg is famous for keeping Facebook (FB) in a state of permanent beta.

More: Mashable!, MediaFile and Ted's Take

Kyle McDonald / Wired:

When Art, Apple and the Secret Service Collide: ‘People Staring at Computers’ — Steve Jobs, staring at the first version of Photo Booth. All watercolors courtesy of David Pierce. — I really wasn't expecting the Secret Service. — Maybe an email, or a phone call from Apple.

More: ANIMAL, PetaPixel, Gawker, The Verge and ifoAppleStore

Dan Levine / Reuters:

RIM hit with $147.2 million verdict in wireless patent lawsuit — (Reuters) - A northern California jury directed Research in Motion Ltd to pay $147.2 million in patent litigation over a remote management system for wireless devices, according to an attorney for the plaintiff, Mformation Technologies Inc.

More: Market Wire, The Next Web, Engadget, Bloomberg, MobileSyrup.com and digitaltrends.com

Reuters:

Google's Nexus tablet selling fast across retail chains — (Reuters) - Google Inc's “Nexus 7” tablet is off to an encouraging start, with major retailers running out of the gadgets as the Internet company's first entry in an increasingly crowded market showed up in U.S. stores on Friday.

More: iDownloadBlog.com, Android News, Rumours …, Droid Life, BGR and Computerworld

Salvador Rodriguez / Los Angeles Times:

Google begins shipping Nexus 7

Chance Miller / BriefMobile:

Samsung Launches Its First Retail Store in North America, Looks a Lot Like an Apple Store — Apple often accuses Samsung of copying its devices, but Samsung has just taken it a step farther. The company has just opened its first North American retail store in Burnaby's Metropolis at Metrotown …

More: iDownloadBlog.com, PadGadget, Business Insider, Gotta Be Mobile, BGR and Android Phone Fans

Horace Dediu / asymco:

How many Lumia phones were sold in the US? — Nielsen and comScore survey US consumers through different methodologies, however they both try to paint a picture of the smartphone patterns of ownership and consumption. — I regularly report on comScore's data as it's published on a monthly basis.

More: AppleInsider, The Nokia Blog, PhoneArena, Daring Fireball, The TechBlock, Pocketnow, Business Insider and CNET

David Kravets / Wired:

Millions Will Flow to Privacy Groups Supporting Weak Facebook Settlement — Privacy and consumer groups are urging a federal judge to sign off on a controversial Facebook settlement over its “Sponsored Stories” advertising program which will net them a combined payout of $10 million …

Ben Kuchera / Penny Arcade Report:

Ads up, games down: The ugly, profitable details about Xbox Live advertising — Xbox Live is the online platform for the Xbox 360 that allows people to play against each other online, chat across games, and manage their friend list. Xbox Live is also a for-pay service …

More: Kotaku, The Next Web and Slashdot

Todd Bishop / GeekWire:

Xbox 360 marks 18 months atop U.S. console market

More: Softpedia News and WebProNews

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