Techmeme
November 7, 2013, 4:15 PM

Top News

Stephen Gandel / Fortune:
In Twitter IPO, Wall Street reserved best info for top clients  —  Twitter's investment bankers are telling their clients one thing while Main Street hears a different story.  —  FORTUNE — Once again, Wall Street is telling its top paying clients one thing, and the rest of us are getting a different story.
Ingrid Lunden / TechCrunch:
Twitter begins trading, surges 73% to $44.90 per share  —  Twitter Flies On Its First Day As A Public Company: Shares Pop 74% On First Trades, Debuts At $45.10 And $31.8B Valuation  —  From a humble beginning as a failing podcast startup to an online conversation service now used …
Dan Primack / Fortune:
Twitter leaves more than $1 billion on the table  —  Twitter made a ton of money from its IPO, but its bankers got the better deal.  —  FORTUNE — Twitter began trading this morning at $45.10 per share, after pricing its IPO last night at $26 per share.  Or, put another way, Twitter (TWTR) left more than $1.3 billion on the table.
Yoree Koh / Wall Street Journal:
The Architect Behind Twitter's IPO … The architect of Twitter Inc.'s initial public offering is a 42-year-old finance whiz with a knack for finding calm amid chaos.  —  For four months, Twitter Chief Financial Officer Mike Gupta steered the social-media company through the IPO process …
More: CNBCTweets: @wsj, @yoreekoh and @hunterwalk
DealBook:
Mark Gurman / 9to5Mac:
Apple Stores to soon offer iPhone 5s & 5c screen replacements, other repairs  —  Apple is gearing up to soon begin hardware repairs for the iPhone 5s and iPhone 5c in its chain of retail stores, according to sources with knowledge of the upcoming initiative.
Charlie Savage / New York Times:
C.I.A. Is Said to Pay AT&T for Call Data  —  WASHINGTON — The C.I.A. is paying AT&T more than $10 million a year to assist with overseas counterterrorism investigations by exploiting the company's vast database of phone records, which includes Americans' international calls, according to government officials.
Cade Metz / Wired:
See What's Inside the PlayStation 4 With These Exclusive Photos  —  Sony engineering director Yasuhiro Ootori looks over a PlayStation 4 — after taking it apart, piece by piece.  —  The PlayStation 4 — in one piece — and its controller, the DualShock 4.
Kevin C. Tofel / Gigaom:
Google starts testing ART, a potential replacement for Dalvik in Android  —  After a 2010 spat over how Java works in Android with Oracle, Google is moving on to a new way for apps run on mobile devices.  Dubbed ART, the new runtime environment is available as a preview option in Android 4.4.
Catherine Shu / TechCrunch:
Internet Archive Seeking Donations To Rebuild Its Fire-Damaged Scanning Center  —  The non-profit Internet Archive suffered a major setback this morning when a fire broke out at its San Francisco office, causing an estimated $600,000 in damages.  Fortunately there were no injuries and no data was lost …
Reuters:
China military hackers persist despite being outed by U.S.: report  —  (Reuters) - The disclosure early this year of a secretive Chinese military unit believed to be behind a series of hacking attacks has failed to halt the cyber intrusions, a U.S. computer security company and congressional advisory panel said on Wednesday.
Ellis Hamburger / The Verge:
Minting Cash: how Square designed a product with no design at all  —  Is the best interface no interface?  —  Robert Andersen was feeling flustered.  Square founder Jack Dorsey had asked him to design a product that was so simple, it wouldn't even have an interface.  “Square Cash” would let people send money over email.

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