Techmeme
August 4, 2012, 5:55 PM

Top News

Ian Sherr / Wall Street Journal:
Apple's Secrets Revealed at Trial  —  SAN JOSE, Calif.—Apple Inc., one of the world's most secretive companies, is finding there's a price in pushing its grievances against rival Samsung Electronics Co. in federal court: disclosure.  —  In just the first few days of its patent trial this week …
Ina Fried / AllThingsD:
Top Apple Executive Saw Market for 7-Inch Tablet in 2011, Said Company Should Do One  —  Apple executive Eddy Cue sent an e-mail in January 2011 to CEO Tim Cook and others recommending that the company build its own 7-inch tablet.  —  “I believe there will be a 7-inch market and we should do one …
DealBook:
Trading Program Ran Amok, With No ‘Off’ Switch  —  When computerized stock trading runs amok, as it did this week on Wall Street, the firm responsible typically can jump in and hit a kill switch.  —  But as a torrent of faulty trades spewed Wednesday morning from a Knight Capital Group trading program …
More: Slate and Reuters
John Biggs / TechCrunch:
Grum: Inside The Takedown Of One Of The World's Biggest Spam Networks  —  As Spring cracked the Moscow frosts and March rains doused the streets, a computer in an innocuous server farm somewhere in the heart of the city winked to life.  It was 2007, a year when many people became truly invested in online life.
Mat Honan / Emptyage:
Yes, I was hacked.  Hard.  —  So maybe you saw my Twitter going nuts tonight.  Or you saw Gizmodo's Twitter account blow up.  Or you saw this in AllThingsD.  Or this in the DailyDot.  Although embarrassing, Twitter was the least of it.  In short, someone gained entry to my iCloud account …
Emil Protalinski / ZDNet:
More: CNET
Josh Lowensohn / CNET:
iPhone 5 event rumors pump eBay smartphone trade-ins  —  The online sales site says that more people than usual are trading in their smartphones on rumors that Apple has a new iPhone just around the corner.  —  Follow @Josh  —  iPhone 4's lined up at an Apple store when the product launched in 2010.
Kevin Fitchard / GigaOM:
Look Ma, TV!  First broadcast TV phone appears on MetroPCS  —  Starting now, MetroPCS is in the free-to-air TV business, but the sets it's selling are rather small, fitting not only into the palm of your hand but within the confines of a smartphone screen.  MetroPCS on Friday began selling …
Marguerite Reardon / CNET:
Forty percent of eligible Kansas City homes qualify for Google Fiber in first week  —  Kansas Citians are hot for Google Fiber.  Analysts say that more than 7,000 households have already pre-registered for the new broadband service and 40 percent of designated ‘fiberhoods’ have qualified to get the service.
Jennifer Van Grove / VentureBeat:
Dalton Caldwell's App.net, a social utopia, makes its alpha debut  —  A select bunch of social media idealists are now taking up residence at App.net, the would-be status update safe house for consumers running away from advertisers and developers seeking refuge from hostile platforms like Facebook and Twitter.
More: Forbes and Business Insider.  Tweets: @daltonc and @daltonc

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Chris Foresman / Ars Technica: