Techmeme
July 27, 2012, 11:35 PM

Top News

New York Times:
Apple Officials Said to Consider Stake in Twitter  —  Apple, which has stumbled in its efforts to get into social media, has talked with Twitter in recent months about making a strategic investment in it, according to people briefed on the matter.  —  While Apple has been hugely successful …
Wall Street Journal:
Apple, Google Line Up to Bid for Kodak's Patents  —  Battle lines are forming in Eastman Kodak Co.'s patent sale ahead of Monday's initial bid deadline.  —  At least two groups are expected to bid on Kodak's trove of 1,100 patents, with a bevy of technology and patent heavyweights picking sides …
Ina Fried / AllThingsD:
Apple's Mountain Lion Off to a Roaring Start  —  Thanks to its easy download and low price, Apple's Mountain Lion appears on pace to be one of the most quickly adopted operating systems in history.  —  After just its first 48 hours on the market, Apple's new Mountain Lion already accounts …
Aaron Souppouris / The Verge:
Google+ traffic soars: 66 percent increase in nine months  —  Traffic analytics site ComScore has revealed a large increase in visits to Google+.  According to ComScore, the number of unique visitors to the social network has increased by 66 percent over the last nine months …
Jason Schreier / Kotaku:
Multiple Law Firms Are Now Investigating Zynga For Possible Stock Shenanigans  —  Bad news just got worse for the makers of FarmVille.  It looks like a whole lot of lawyers are about to pounce on one of gaming's biggest companies.  —  Following news that Zynga insiders sold large amounts …
Ingrid Lunden / TechCrunch:
Apple Buys Samsung's Android Security Partner AuthenTec For $356M  —  Amid fierce smartphone competition between Samsung and Apple that has spilled into a multinational patent battle, it looks like Apple may have opened yet another front on the M&A side: it is buying mobile security company AuthenTec …
Larry Dignan / ZDNet:
Drew Olanoff / The Next Web:
Bitly is working on an “Internet attention ranking engine” called Realtime  —  Bitly, the company that basically ushered the world into short links on sites like Twitter, is playing around with a new service, launching it under its “Bitly Labs” umbrella.  —  It's called Realtime, and is available at http://www.rt.ly
More: The Verge, bitly blog and The Next WebThanks:@alex
Nick Bilton / NYT Bits:
Pinwheel Becomes Findery After Court Injunction  —  What a difference a single letter can make.  —  Two start-ups have been caught in a legal battle over the name Pinweel and Pinwheel since late February.  The subtle difference: the letter “h.”  —  Pinweel, the one without the h, is a photo-sharing app co-founded by Richard Bulman.
American Banker:
VeriFone CEO on Square's Latest Funding Round?  ‘Pets.com’  —  Square is close to raising $200 million, according to reports, for an implied valuation of $3.25 billion — nearly as much as its well-entrenched point of sale competitor VeriFone, which is currently worth about $3.7 billion.
More: Business InsiderTweets: @karaswisher
Brendan Sasso / Hillicon Valley:
Senate amendment would allow Facebook users to share Netflix videos  —  A proposed amendment to a Senate cybersecurity bill would allow Facebook users to opt-in to automatically share which videos they have watched on Netflix.  —  The Senate could vote on the amendment, filed by Sen. Patrick Leahy …

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John Ribeiro / Computerworld:
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