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Techmeme
August 19, 2012, 10:00 PM
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Eugene Wei / Remains of the Day:
The Facebook - Amazon comparison  —  Henry Blodget gives some healthy perspective on Facebook's stock price in Dear Facebook Employees Here's the Truth About Your Stock Price.  Don't I wish that Business Insider had a social reader on Facebook so I could see how many Facebook employees had read the article.
Tweets: @infoarbitrage and @pkafka
Henry Blodget / Business Insider:
And Now Facebook's Bankers Are Divvying Up The $100 Million They Made Shorting Facebook's Stock  —  Boy it doesn't suck to be a banker.  —  Every time I forget how much it doesn't suck, I'm reminded of some other magical cash-printing tool I had forgotten about that allows Wall Street to coin money no matter what.
Amy Feldman / Reuters:
Crowdfunded businesses may owe taxes, too  —  (Reuters) - When Julie Uhrman, chief executive of gaming start-up Ouya Inc, went looking for funding to launch a new video gaming console, she turned to crowdfunding site Kickstarter Inc.  —  The goal: $950,000.
Tweets: @glennf
Wall Street Journal:
Forget the Web, Start-Ups Get Real  —  Entrepreneurs Design Appliances, Guitars as Economics of Electronics Change  —  A long-shunned Silicon Valley technology sector - consumer-electronics start-ups - is showing some surprising signs of life.  One San Francisco couple is making …
Tweets: @laureni
Dante D'Orazio / The Verge:
AT&T kills on-contract pricing for tablets, effective today  —  Subsidized pricing for tablets has never made much sense — saving $100 upfront in exchange for getting locked in to a very expensive data plan isn't what we'd call a good deal — and now AT&T is getting rid of the option for good.
Katie Fehrenbacher / GigaOM:
A rare look inside Facebook's Oregon data center [photos, video]  —  Follow along our tour as we take you on a rare journey through Facebook's first data center in Prineville Oregon, which houses its Open Compute servers.  We'll bring you along the air flow route, and down into the secret server room:
Tweets: @omelnikov
Colleen Taylor / TechCrunch:
Report: Leaked Memo Indicates Hulu CEO Jason Kilar May Be On His Way Out  —  An internal memo from web streaming company Hulu purportedly obtained by show business industry publication Variety indicates that the company's CEO Jason Kilar may be on his way out the door.
More: Variety

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This is a Techmeme archive page. It shows how the site appeared at 10:00 PM ET, August 19, 2012.

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From Mediagazer

Gene Maddaus / Variety:
In a Truth Social post, Trump endorses a US tax incentive for film and TV production; the MPA has worked with Jon Voight to push for a 20% credit on labor costs

Daniel Thomas / Financial Times:
Sources: WPP plans to cut up to 1,000 more jobs in H2 2026, after cutting ~11,000 jobs since the start of 2025, as AI reshapes the ad industry

Sam Blum / Inc:
A profile of The Onion, which is set to become an eight-figure business this year, driven by its ~85K paying subscribers, and how it plans to reimagine Infowars

More News

Earlier Picks

Tim Stevens / Engadget:
Apple responds to iPhone text message spoofing, reminds us how secure iMessage is
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