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8:50 PM ET, July 8, 2010

Techmeme

 Top Items: 
Marshall Kirkpatrick / ReadWriteWeb:
Facebook's Location Feature Gets More Hands on Deck With Acquisition of Ex-Googler Startup NextStop  —  Facebook will unveil its entry into the location-based social networking space someday and today's acquisition of innovative trip-sharing service NextStop will undoubtedly influence what Facebook users eventually get to see.
RELATED:
Kim-Mai Cutler / VentureBeat:
Facebook acquires activity-recommendations startup Nextstop  —  Facebook is adding another talent acquisition to the mix.  It has acquired Nextstop, a San Francisco-based startup for recommending things to do or places to go.  —  “This was a difficult decision for us,” the company said in a statement.
Mic Wright / Electricpig.co.uk:
New iPod Touch: 5MP camera and FaceTime incoming?  Britain's top sellers say so  —  The new iPod Touch will come packing a 5MP camera with HD video shooting skills, according to John Lewis which has just spilled the new specs at its Xmas in July event in central London.
RELATED:
Katie Marsal / AppleInsider:
Purported next-gen iPod touch parts suggest forward-facing camera
Discussion: Computerworld and SlashGear
Brian Krebs / Krebs on Security:
Pirate Bay Hack Exposes User Booty  —  Security weaknesses in the hugely popular file-sharing Web site thepiratebay.org have exposed the user names, e-mail and Internet addresses of more than 4 million Pirate Bay users, according to information obtained by KrebsOnSecurity.com.
Siobhan Gorman / Wall Street Journal:
U.S. Plans Cyber Shield for Utilities, Companies … The federal government is launching an expansive program dubbed “Perfect Citizen” to detect cyber assaults on private companies and government agencies running such critical infrastructure as the electricity grid and nuclear-power plants, according to people familiar with the program.
Anand Srinivasan / Go Rumors:
Microsoft Lays Claim To iPad's Page Curling Feature  —  The Courier may be dead, but we are still getting to see the innovations built by Microsoft back when development on Courier was still in its prime.  A patent application filed by Microsoft back in January 2009 describes the page curl feature …
Om Malik / NewTeeVee:
Hulu May Launch Ad-Free Premium App  —  The TV streaming service Hulu, which recently launched a paid subscription product, Hulu Plus is not averse to the idea of launching an even more expensive ad-free version, CEO Jason Kilar told me on Wednesday in a chat.
Dan Frommer / Silicon Alley Insider:
iPhone Developer Brags: $1,400 In iAd Revenue In One Day At $150 eCPM  —  Apple's iAds have started rolling out, and at least one iPhone developer is enjoying early returns, boasting of making $1,400 in ad revenue on the first day.  —  San Diego-based Jason Ting started selling an app yesterday …
Brier Dudley / The Seattle Times:
Experian: Bing gains 7 percent, Google down 1 point in U.S.  —  This may not be enough to improve Microsoft morale after the Kin debacle and stealthy layoffs, but the company's search effort showed a healthy gain in the latest report from Experian Hitwise.  —  Bing share of U.S. searches grew 7 percent …
Kara Swisher / BoomTown:
Exclusive: Yahoo Makes Another Major Product Exec Hire From Microsoft  —  After a query from BoomTown, Yahoo confirmed this afternoon that it had hired former Microsoft online exec Bill Shaughnessy (pictured here) as SVP of Product Management.  —  Shaughnessy will start next week and report …
Discussion: paidContent and TechCrunch
RELATED:
John Battelle / John Battelle's Searchblog:   Is Yahoo Dead?  I Don't Think So.  Who Else With This Scale Can Be Neutral?
Ryan Lawler / NewTeeVee:
New Apple TV Will Push 99 Cent Streaming TV Rentals  —  Apple is about to get a lot more serious about its “hobby” with the next release of its Apple TV set-top box, as sources say that the software company will look to push a new streaming rental service that will offer up individual TV episodes for 99 cents.
Discussion: CrunchGear and Gizmodo
Mathew Ingram / GigaOM:
Is It Time to Stop Blogging and Start an Email Newsletter?  —  When entrepreneur Jason Calacanis shut down his blog in 2008 and replaced it with a subscription-only email newsletter, his move seemed to be more of a personal response to abusive reader comments rather than a leading indicator of a trend …
Discussion: MediaPost and Inc.com, Thanks:lippard
Adam Z Lein / pocketnow.com:
Actually KIN Sold More Than 503 Devices  —  There's a rumor being perpetuated by Daring Fireball that Microsoft only sold 503 KIN devices.  Many other sites are picking up this posting as though it were true.  What I find interesting is that the KIN registers its Facebook app on Facebook …
RELATED:
Eric Zeman / InformationWeek:   Does It Matter How Many Kins Microsoft Sold?
Daniel Wallis / Reuters:
Venezuela arrests two for banking rumor Tweets  —  (Reuters) - Venezuelan police said on Thursday they arrested two people for spreading false rumors on the micro-blogging site Twitter aimed at destabilizing the Latin American country's banking system.  —  While Venezuela's big banks …
Discussion: The Next Web
Economist:
You bet  —  Attempts to ban online gaming are doomed to fail.  Better to legalise, tax and regulate the habit  —  PROHIBITION destroyed America's once-robust brewing industry, made smugglers rich and did nothing to curb drinking.  Outlawing drugs has been a similarly spectacular failure.
Leena Rao / TechCrunch:
comScore: Android Continues To Gain Smartphone Market Share  —  ComScore just released its smartphone market share numbers for March through May, and unsurprisingly the trend continues from previous months.  Android phone saw the most significant growth in market share in May …
Wall Street Journal:
Facebook Touts Selling Power of Friendship  —  In Bid to Boost Revenue, Site Pitches ‘Social Context’ Ads to Major Marketers  —  Facebook Inc. is trying to rev up its advertising business with a little help from your friends.  —  The social-networking site is aggressively pitching …
Discussion: MediaPost, Digits and Go Rumors
RELATED:
Don Dodge / Don Dodge on The Next Big Thing:   How did your name get on a Facebook ad?
Austin Carr / Fast Company:
Twitter Now the World's Fastest Growing Search Engine  —  What is your search engine of choice?  Google?  Yahoo?  Bing?  Try Twitter.  —  According to cofounder Biz Stone, who spoke yesterday at the Aspen Ideas Festival, Twitter now reaches some 800 million search queries per day.
RELATED:
Nicholas Carlson / Silicon Alley Insider:
Reality Check: Twitter's Huge Search Query Numbers Are Very Inflated
Discussion: Digits
Reuters:
Google confident of getting China Web license  —  Idaho (Reuters) - Google Inc chief executive Eric Schmidt said on Thursday he is confident the company will secure a license to operate a website in China, amid speculation Beijing will reject its application.
MG Siegler / TechCrunch:
Foursquare's Next Game: Choose Your Own Adventure?  —  Foursquare is growing quickly, gaining momentum from mainstream deals, and now they have the money in the bank to keep it up.  But the big question remains: can they keep it up in the face of major competition?
 
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 More Items: 
Foremski / Silicon Valley Watcher:
The Lack Of Tech IPOs Is Holding Back Job Expansion Says Leading VC
Caroline McCarthy / The Social:
Toronto law firm preps Facebook privacy suit
Discussion: BetaNews
Joseph Tartakoff / paidContent:
NexTag Buys Product Reviews Site Wize
Leena Rao / TechCrunch:
U.S. Venture Capital Fundraising Up 13 Percent In First Half Of 2010 To $7.5B
Tom Wilde / Silicon Alley Insider:
Hulu, Google TV, And The Brewing TV “Desktop” Storm
Discussion: 9 to 5 Mac
 Earlier Items: 
Thomas Ricker / Engadget:
iSuppli: OLED panel shortage a concern for Android smartphone makers
Discussion: iSuppli, Electricpig and ZDNet
Michael Iams / MapQuest Blog:
MapQuest 4 Mobile iPhone Adds Spoken Street Names and Supports iOS 4
Discussion: ReadWriteWeb and The Next Web
David Barboza / New York Times:
Apple Making New Push Into China
Discussion: Cult of Mac
Brian Womack / Bloomberg:
Yahoo CFO Aims to End Buy-High, Sell-Low Track Record on Deals
Robin Wauters / TechCrunch:
Skype's Innermost Security Layers Claimed To Be Reverse-Engineered
Discussion: Softpedia News and Slashdot
Andy M. Zaky / AppleInsider:
Apple to enter a new golden age in 2010 with 70% earnings growth

Discussion: Fast Company and Fortune
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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