Techmeme
August 21, 2012, 12:50 AM

Top News

Rocky Agrawal / VentureBeat:
Groupon is threatening small merchants with lawsuits  —  This is a guest post, written by analyst and frequent VentureBeat contributor Rocky Agrawal.  —  Desperate times call for desperate measures.  —  I've noticed an uptick in recent months of the emails I'm getting from small businesses claiming …
Jack Marshall / Digiday:
How Eduardo Saverin Sold Facebook Ads in 2004  —  The knock on Facebook is often that it doesn't have its ad strategy figured out.  That might be, but the company courted advertisers pretty much from the get-go.  —  As captured in “The Social Network,” Facebook's then-CFO Eduardo Saverin …
Ryan Mac / Forbes:
Early Facebook Investor and Board Member Peter Thiel Sells Nearly All Of His Company Shares  —  Billionaire Peter Thiel sold nearly all of his remaining Facebook shares last week according to a financial document filed today with the Securities and Exchange Commission.
Eric Slivka / MacRumors:
Apple Becomes Most Valuable Publicly-Traded Stock Ever  —  Milestones for Apple's stock are falling rapidly in recent days, with another strong performance today pushing Apple past Microsoft for the title of most valuable publicly-trade stock ever, a distinction Microsoft has held since December 1999.
Brian X. Chen / NYT Bits:
AT&T's FaceTime Restrictions Could Be Violating F.C.C. Rules  —  When Apple releases its next version of its mobile operating system iOS this fall, iPhone customers will have the option to place FaceTime video calls over the cellular network, whereas before they could do so only on Wi-Fi.
Graham Spencer / MacStories:
The Rise Of Third Party Services And Fall Of Google In iOS  —  When Apple introduced iOS 6 to the world at this year's WWDC, one of the most talked about moves was Apple's decision to step away from their partnership with Google Maps and create their own maps app.
More: iClarified
Steven M. Davidoff / DealBook:
How Instagram Could Have Cut a Better Deal  —  In hindsight, perhaps Instagram should have cut a different deal with Facebook.  —  In April, Facebook agreed to acquire Instagram, the hot social media photo-sharing site, in a deal valued at the time at about $1 billion.
Declan McCullagh / CNET:
Google: Time to ditch our current software patent system?  —  Google's public policy director says at an Aspen conference that “these patent wars are not helpful to consumers.”  —  ASPEN, Colo. — Google suggested today that it might be time for the U.S. to ditch software patents.
Jim Dalrymple / The Loop:
Apple stores see 300 million visitors in FY 2012, 50,000 Genius Bar visits a day  —  Apple opened its 374 and 375 retail store worldwide this weekend in Canada.  While meeting with Apple, I was able to get a few details about how the retail operation is going overall.
Iain Thomson / The Register:
Anonymous takes down UK government websites in Assange attack  —  He's not the messiah; he's a very naughty boy  —  Anonymous is claiming to have begun shutting down UK government websites in protest of the treatment of Julian Assange.  —  At around 8pm UT, the UK Justice Department website went …
Frederic Lardinois / TechCrunch:
Motorola's New Patent Lawsuit Against Apple: The Details  —  On Friday, Google's Motorola Mobility filed a new lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington, seeking to ban the imports of virtually every Apple product into the U.S. At the time …
Dan Primack / Fortune:
Exclusive: Returns for brand-name VC funds  —  Beyond the dotcom-era benchmarks.  —  FORTUNE — It's no secret that venture capitalists were hit hard by last decade's dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater.
More: GeekWireTweets: @arrington

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Earlier Picks

Jon Russell / The Next Web:
iFixit: