Techmeme
August 13, 2012, 4:35 AM

Top News

Dalton Caldwell:
We did it.  —  As I write this, join.app.net just met our 500K goal, with 38 hours left.  —  Data Export  —  When you are logged into the App.net alpha, we provide a button which will email you a .zip file of all of your content in a structured format.  If you are an alpha tester, go ahead and try it out.
Vlad Savov / The Verge:
App.net passes $500,000 funding goal in quest to do Twitter the right way  —  Dalton Caldwell's ambitious attempt at a new kind of social network has just achieved its no less daring goal of half a million US dollars in pledged funding.  The requisite threshold for funding App.net was crossed …
Adam Rifkin / TechCrunch:
Facebook Is The Ant; Zynga Is The Grasshopper  —  Facebook and Zynga have experienced similar roller coaster-like devaluation from their peak stock valuations, and they've been partners for years, which is why MarkZ and MarkP often get lumped together in the same sentence by fearful investors whose stock …
Tweets: @edzitron and @semil
Somini Sengupta / New York Times:
A Steep Climb Back for Facebook's Stock  —  SAN FRANCISCO — The Facebook spring is over.  The dog days of August have taken hold.  —  In May, when investors tripped over themselves to buy a piece of Facebook, not even the skeptics predicted what has happened.
More: bub.blicio.usTweets: @davewiner
Shira Ovide / Wall Street Journal:
Groupon Sales Force Cracks Under Pressure  —  Groupon Inc. is facing a new hurdle: strains on its sales force.  —  Such pressures are a boon to people like Mike Silagadze.  The chief executive of education-software firm Top Hat Monocle Inc. said that over the past month …
Joe Pollicino / Engadget:
Barnes & Noble cuts prices across its Nook lineup, vies for your budget tablet affection  —  In what could be seen as a response to the positive reaction that Google's $200 Nexus 7 has garnered, Barnes & Noble has just cut down the prices on all three of its Android-based, seven-inch Nook Tablets.
Enigmax / TorrentFreak:
Demonoid Domains Go Up For Sale  —  With an army of passionate fans, Demonoid was spoken about fondly by many in the torrent community.  Just two weeks ago it was one of the world's largest and most thriving torrent sites but a DDoS and hacker attack followed by a police raid brought it to its knees.
Kevin Rawlinson / The Independent:
Google chiefs could face MPs over tax avoidance schemes  —  Google chiefs face the prospect of being hauled before MPs to explain themselves over their tax avoidance schemes, the Independent has learned.  A member of the Treasury Select Committee called the company's practices …
More: The Verge and TechCrunchTweets: @dolgione
Chloe Albanesius / PC Magazine:
Etsy Cracks Down on Drug Paraphernalia, Other Restricted Items  —  Etsy is a haven for homemade goods, but the online shopping site clarified this week that its stores are not the place to be selling drug paraphernalia and other questionable material.  —  The company said it has spent several …

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