Techmeme: Prominent Facebook Underwriters Cut Their Price Targets (Alexandra Scaggs/Wall Street Journal)

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September 4, 2012, 9:10 PM

Top News

Josh Constine / TechCrunch:

Facebook Cancels Secondary Offering, Zuck And Board Members Won't Sell To Keep Shares Off The Market — With its share price ailing, Facebook doesn't want to flood the market with any more stock, so it has cancelled its secondary offering and will instead pay for taxes on its RSUs with cash …

More: Business Insider, Forbes, Wall Street Journal, CNET, Tech Trader Daily and Mashable!. Thanks:@joshconstine

Jay Yarow / Business Insider:

Mark Zuckerberg Commits To Not Selling Stock For A Year — Some news out of Facebook tonight. — Mark Zuckerberg has committed to not selling any shares for the next year in a filing with the SEC. — Facebook board members Marc Andreessen and Donald Graham will be selling some Facebook shares, but only to cover a tax bill.

More: CNET, AllThingsD, U.S. Securities …, VentureBeat, Business Insider and Forbes. Tweets: @fmanjoo

Mark Cuban / blog maverick:

Facebook Handled their IPO Exactly Right — Andrews Ross Sorkin wrote a piece for the NY Times that was just ridiculous. He put the blame squarely on the back of the CFO of FB. Talk about getting it 180 degrees wrong. — Have you ever been to an auction where the selling party told …

More: btanen, MarketBeat, TheStreet.com, Forbes, Washington Post, DealBook, DailyFinance.com and Internet Evolution

Alexandra Scaggs / Wall Street Journal:

Prominent Facebook Underwriters Cut Their Price Targets — Analysts with the two biggest underwriters for Facebook Inc.'s initial public offering cut their price targets on the stock, helping to push the shares to new lows. — Scott Devitt, an analyst with lead Facebook underwriter Morgan Stanley …

More: TechCrunch, AllThingsD, Forbes, AllFacebook and Business Insider

Felix Salmon / Seeking Alpha:

The Facebook Investors' Lament

More: Forbes, SiliconBeat and The Verge

Arik Hesseldahl / AllThingsD:

FBI Says AntiSec Hackers Lied About List of iPhone ID Numbers — The FBI has shot down today's claim by the AntiSec hacking group that it breached an agency-owned computer and stole a database said to contain some 12 million unique ID numbers for iPhones and iPads around the world.

More: VentureBeat, Techdirt, BBC, TechCrunch, CNET, Guardian, Examiner, 9to5Mac, InfoWorld, Betabeat, Hillicon Valley, The Verge, The Next Web, DailyTech, MacRumors, Gawker, Neowin, Computerworld, Wired, RazorianFly, SlashGear and IntoMobile

Aldo Cortesi:

The UDID leak is a privacy catastrophe — 04 September 2012 — Something I've been worrying about for a long time has just happened: Antisec has leaked a database with more than a million UDIDs. The UDID issue has been a bit of a white whale of mine - I've written many blog posts …

More: Mashable!, The Register, RazorianFly, Wired, TechCrunch, Computerworld, InfoWorld, Network World, Liquidmatrix Security Digest, Techland and SC Magazine

Josh Ong / The Next Web:

AntiSec hackers leak 1,000,001 Apple device IDs allegedly obtained from FBI breach

Jim Dalrymple / The Loop:

Apple announces special event for September 12 — Apple on Tuesday sent out invites for an upcoming event happening in San Francisco on September 12, 2012. The invitation I received says the event will take place at the Yerba Buena Center for the Arts at 10:00 am.

Perry Chen / Kickstarter Blog:

Accountability on Kickstarter — Yesterday, NPR's “All Things Considered” asked, “When a Kickstarter campaign fails, does anyone get their money back?” The story questioned what would happen if a Kickstarter project failed to follow through on its promises.

More: CNET and VentureBeat. Tweets: @markmilian

Aarti Shahani / NPR:

When A Kickstarter Campaign Fails, Does Anyone Get Their Money Back?

More: PandoDaily, AllThingsD, Betabeat, TechCrunch, BRYCE DOT VC, Geek News Central and The Atlantic Online

Paul Marks / New Scientist:

Honeytrap reveals mass monitoring of downloaders — Anyone who has downloaded pirated music, video or ebooks using a BitTorrent client has probably had their IP address logged by copyright-enforcement authorities within 3 hours of doing so. So say computer scientists who placed …

More: digitaltrends.com, BBC, SECURECOMM 2012, Ars Technica, The Next Web, Softpedia News, TechSpot, TorrentFreak, Inquirer and IntoMobile

Tom Warren / The Verge:

Windows Phone 8 to include ‘Rooms’ group chat with calendar, photos, and notes sharing — Microsoft's Windows Phone 8 operating system will include a new Rooms feature that will allow friends and family to chat in a virtual room and share data. Sources close to Microsoft's Windows Phone 8 plans …

More: CITEworld, Mashable!, TechCrunch, WMPoweruser, WParea.de, Gotta Be Mobile, Mobile Marketing Watch and Neowin

Neil Hughes / AppleInsider:

Galaxy S III passes Apple's iPhone 4S, becomes top selling US smartphone — For the first time since it launched last October, Apple's iPhone 4S was not the top selling smartphone in the U.S., as the newly released Samsung Galaxy S III took the top spot in the month of August.

More: CNET, Business Insider, Computerworld, The Register, Softpedia News, Digits, Guardian, GigaOM, BGR and SlashGear. Tweets: @panzer

Ki Mae Heussner / GigaOM:

As ed tech heats up, Desire2Learn raises $80M in its first VC round — Since launching in 1999, Desire2Learn, a Canadian ed tech company that shares a hometown with Research in Motion, has bootstrapped its way to profitability. — But after more than a decade of going it alone …

More: VentureBeat, Bloomberg, NEA, Globe and Mail, Desire2Learn and TechCrunch

Nilay Patel / The Verge:

The end of Android tablets: can Google match Amazon's success before Microsoft closes the window? — This Thursday, we expect that Amazon will be unveiling a least one new Kindle Fire alongside a new e-reader. If you believe Amazon's somewhat fuzzy math, the Kindle Fire is far and away …

Tweets: @charlesarthur and @akipekka

Roger Yu / USA Today:

Voice mail in decline with rise of text, loss of patience — Technology's ceaseless pursuit of efficiency appear to be claiming another victim: voice mail. — With the rise of texting, instant chat and transcription apps, more people are ditching the venerable tool that once revolutionized …

More: PC Magazine

Brad Molen / Engadget:

Pantech Flex coming to AT&T on September 16 for $50, offers ICS and new ‘Easy Experience’ mode — We've already been alerted to the existence of a Pantech phone by the name of Flex, but we only got teased with the fact that it's heading to AT&T and will offer LTE connectivity and few (if any) other details.

More: BGR, AT&T, Ubergizmo, The Verge, 9to5Google, dailywireless.org, CNET, GadgeTell and LAPTOP Magazine

Nitasha Tiku / Betabeat:

Uber Is Close to Launching a Taxi App to Hail and Pay for Yellow Cabs in New York City — A source has informed Betabeat that Uber—the pricey, San Francisco-based request-a-ride app for black cars—plans on an imminent launch for a similar service for yellow cabs in New York City.

More: The Verge, VentureBeat and New York Times

Mary Jo Foley / ZDNet:

Windows Server 2012 launches as cornerstone of Microsoft's ‘Cloud OS’ — Summary: Microsoft is making available the final Windows Server 2012 bits for test and/or purchase as of September 4. — Microsoft launched Windows Server 2012 on September 4, making the final, released …

More: NYT Bits, The Official Microsoft Blog, Aidan Finn, IT Pro, The Register, Electronista, Cisco Blog, Microsoft Corporation, Computerworld, TechNet Blogs, InfoWorld and Engadget

Reuters:

Sony eschews cheap tablets as it pursues Samsung — (Reuters) - Sony Corp on Tuesday said it won't be drawn into price competition on tablet PCs amid a plethora of cheap models from other makers as it pursues Android rival Samsung Electronics with a new tablet out this month.

More: GadgeTell

Peter Kafka / AllThingsD:

Warner Bros. Takes Another Crack at Flixster — And UltraViolet — Making movies is hard. Making movie-recommendation services is a lot easier. — But Warner Bros. is trying to do both. And the newest version of Flixster, the recommendation service it bought last year, is pretty interesting.

More: The Verge, VentureBeat and TechCrunch

Enigmax / TorrentFreak:

Pirate Bay Founder Will Be Deported, Cambodian Authorities Confirm — Last week, police arrested Pirate Bay co-founder Gottfrid Svartholm in the Cambodian capital Phnom Penh. — Svartholm was arrested in his $750 per month rented apartment above the Cadillac Bar on the riverfront.

More: The Phnom Penh Post, Reuters, Associated Press, The Verge, BBC and Ars Technica

Dan Seifert / The Verge:

Acer reportedly launching one Windows Phone 8 and five Android devices in 2013 — Acer is on board to launch a suite of new Android smartphones and one new Windows Phone 8 device next year, according to a report from DigiTimes and confirmed by The Register.

More: TechnoBuffalo

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