Techmeme
November 26, 2012, 4:40 AM

Top News

Fred Wilson / A VC:
What Has Changed  —  As I read this post in the WSJ about the changing nature of VC funding of consumer web companies, I thought that we may be looking at the symptoms and not the disease.  As the WSJ notes, VC funding of consumer web and mobile companies is down 42% in this first nine months of 2012 (vs the first nine months of 2011).
Wall Street Journal:
Japan's Masayoshi Son Picks a Fight With U.S. Phone Giants  —  In Japan, Masayoshi Son is known as the eccentric Internet billionaire who upended the country's telecom industry.  In the U.S., he is about to become the cash-strapped underdog who picked a fight with two corporate giants—AT&T Inc. and Verizon Wireless.
More: PhoneArenaTweets: @spencerante and @erichippeau
Nick Wingfield / New York Times:
Nintendo Confronts a Changed Video Game World  —  TUCKED in the woods here, west of State Route 520, is a little piece of the Mario Kingdom.  —  Behind the unassuming doors is the business built by Mario, the pudgy plumber, and Luigi, his lanky brother, as well as characters like Link …
Dave Winer / Scripting News:
Bullet points on Ev's new startup  —  I listened to a podcast interview between Evan Williams and Jeffrey Zeldman yesterday.  It had a few bits about Medium, which is his new startup.  I am interested in know what his thinking is on this — as we've been exploring the same territory for a number of years …
Tweets: @scottros and @jayrosen_nyu
Leena Rao / TechCrunch:
E-Commerce Spending On Black Friday Tops $1B For The First Time; Amazon Is The Most Visited Retailer  —  We've seen the reports that Black Friday online sales increased this year, but the numbers are finally in. comScore is reporting that U.S. retail e-commerce spending was $1.042 billion on Black Friday …
Emil Protalinski / The Next Web:
Google shuts down dedicated Motorola Mobility sites for Asia, Europe, Middle East, and Africa  —  Soon after purchasing Motorola Mobility for $12.5 billion, Google announced it would make deep cuts into the company's staff, reducing headcount by some 4,000.  As part of that effort …
Matt Harris / For The Win:
Square Puck  —  There's a famous/trite expression, commonly cited in the venture business, about how you want to skate to where the puck is going, not to where it is right now.  As I watch the payments industry grapple to deal with the phenomenon of Square's micro-merchant processing business …
Tweets: @saif_ajani and @rkhanna
John Markoff / New York Times:
Scientists See Promise in Deep-Learning Programs  —  Using an artificial intelligence technique inspired by theories about how the brain recognizes patterns, technology companies are reporting startling gains in fields as diverse as computer vision, speech recognition and the identification …
Natasha Lomas / TechCrunch:
ABI: Cumulative Mobile App Revenues To Exceed $30B By End Of 2012, Nearly Double 2011 Figure; Now “Major Digital Industry”  —  How much money have mobile apps made?  By the end of the year the cumulative revenues of the global mobile app market will have exceeded $30 billion, says analyst ABI Research.

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