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1:50 PM ET, March 25, 2011

Techmeme

 Top Items: 
Ben Parr / Mashable!:
Color to Get Major Update, Fix ‘Loneliness’ Problem  —  Color, the dynamic photo-sharing app that made a splash with its launch yesterday, is already hard at work on the next version of its app.  The update will directly address user criticism about the app's apparent lack of utility when a user's friends aren't nearby.
RELATED:
Mike Melanson / ReadWriteWeb:
Color CEO: The Tech Justifies the $41 Million  —  Last night, an app called Color hit the app stores for both iOS and Android.  It made a big splash for a number of reasons, not the least of which being its $41 million prelaunch funding.  It has all-star founders who have an impressive track record.
Henry Blodget / SAI:
Here's What No One Seems To Understand About Color's $41 Million Round  —  A startup named Color has raised $41 million of capital.  —  This news has obsessed the tech world and beyond for the past 48 hours, with the majority of the peanut gallery huffing and snorting about how it's obviously ridiculous and a clear sign of a bubble.
Seth Weintraub / 9 to 5 Mac:
iPad 2′s thinner glass is remarkably stronger than iPad 1  —  Remember when we discovered that the iPad 2 glass was about 27% thinner than iPad 1?  The natural assumption was that the iPad 2 would be weaker than iPad 1 when it came to its glass front end.  The iPhone repair experts at iFixyouri wanted to test that theory...
Bill Gurley / abovethecrowd.com:
The Freight Train That Is Android  —  “People get ready, there's a train a comin'” - The Impressions From Zacks via Yahoo: Mark Vickery, On Thursday March 24, 2011, 4:58 pm EDT “BlackBerry maker Research In Motion (NasdaqGS: RIMM - News) beat its fiscal 4Q EPS estimates by 2 cents per share …
Discussion: TechCrunch
Kevin C. Tofel / GigaOM:
Here's Why Google Is Holding Honeycomb Back  —  Google's Honeycomb version of Android may have left the hive for a few tablets, but don't expect to see any new ones announced in the near future: the company has decided not to release the platform's source code to the community just yet.
Discussion: Gadgetell, Mashable! and ThinkMobile
RELATED:
Business Week:
Google Holds Honeycomb Tight
Bloomberg:
Kodak Says $1 Billion at Stake in Apple, RIM Patent Dispute  —  A victory for Eastman Kodak Co. (EK) in its patent fight with Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM) may add more than $1 billion in revenue from royalty payments, Chairman and Chief Executive Officer Antonio Perez said.
Jim Moran / Yipit Blog:
Dead Heat: Groupon Down Another 32% in March, LivingSocial Ties It Up  —  We were all surprised to see Groupon's US revenue decline 30% in February, but apparently that's just the beginning.  —  Yipit, as a daily deal aggregator, indexes offers from more than 400 services, including Groupon and LivingSocial.
Discussion: @fmanjoo, Screenwerk and CNET News, Thanks:jdmoran
David Carnoy / Crave: The gadget blog:
Nook Color Android app store coming in April along with Flash support  —  According to the HSN Web site, Barnes & Noble is launching the Nook Store in April and giving Flash support to the Nook Color.  —  While plenty of people have “rooted” their Nook Colors with custom firmware that allows …
RELATED:
Steven Sande / TUAW:
Wooden iPad 2 cover outsmarts Apple's Smart Cover  —  As if I don't already have a serious love affair with Apple's iPad 2 Smart Cover, now Holland-based Miniot is about to release a beautiful wooden iPad 2 cover.  —  The cover is carved from a single piece of wood and works similarly to the Smart Cover.
Bob Warfield / SmoothSpan Blog:
The Art of Riding the Bubble  —  People are increasingly asking whether there is a Bubble underway in the tech business.  The answer is that by the time you know there is a Bubble it's probably too late to do anything about it.  But if all you're doing is asking whether there is a Bubble, the Bubble is probably not here, yet.
Sam Schechner / Wall Street Journal:
New Cable Fight at Hand  —  TV Networks Cry Foul as Time Warner Cable Offers Channels via iPads at Home  —  Time Warner Cable Inc. is digging in its heels in a dispute with several big media companies over whether it can beam live TV channels to Apple Inc. iPads, exposing tensions between …
RELATED:
Jonathan S. Geller / BGR:
RIM opens up BlackBerry PlayBook to support Android apps
Greg Sandoval / Media Maverick:
Google begins testing Google Music internally  —  Google has begun testing Google Music internally, a sign that the much anticipated service is nearly ready to launch.  —  Google employees have begun a process commonly referred to in Silicon Valley as dog fooding, when employees try …
Robin Wauters / TechCrunch:
Facebook Tries To Squash 21 Squatted Domain Names  —  Facebook is trying to gain ownership over 21 domain names that include the term ‘facebook’, including KillFacebook.com, FacebookStuff.com and FacebookSafety.com.  —  The domain names are all currently owned by a company called Domain Asset Holdings …
Discussion: All Facebook
Federico Viticci / macstories:
Apple Releases iOS 4.3.1 [Direct Links]  —  Apple just released iOS 4.3.1.  It's available now in iTunes if you check for updates.  The new version of iOS fixes graphic glitches for iPod touch 4G owners, resolves issues when authenticating with enterprise services and other bugs when activating …
Discussion: MacStories, Thanks:viticci
Bloomberg:
Buffett Says Social-Networking Sites Overpriced Ahead of IPOs  —  Warren Buffett, the billionaire stock picker and takeover specialist, said investors should be wary of valuations for social networking websites as some of the industry's biggest companies prepare to sell shares.
Stacey Higginbotham / GigaOM:
Are Crappy Startups Wall Street's Fault?  —  Is Wall Street blocking the next Google from even getting off the ground?  Yes, according to a new report from the Kauffman Foundation, which says that high-paying jobs in the financial sector have bled the prospective pool of startup founders and employees until it's pretty shallow.
Eric Pfanner / New York Times:
Advertisers in Europe May Face Limits in Use of Keywords  —  PARIS — An adviser to the highest European Union court recommended Thursday that some restrictions be placed on the rights of advertisers to use the names of rivals as keywords to generate sponsored links on Internet search engines.
Discussion: PC World and Tech Report
Michael Arrington / TechCrunch:
DST's Yuri Milner Buys $70 Million Home In Silicon Valley  —  Yuri Milner, founder of Moscow-based venture firm DST, has purchased quite a home in Silicon Valley, say multiple sources.  The 25,000 square foot home, built just a few years ago, sits on a tidy 11 acres.  The price?  $70 million.
Discussion: Gawker and The Tech Trade
 
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 More Items: 
Karl Bode / DSLreports:
AT&T Says They're Working On Meter Accuracy Insists They'll Work With Users On Problems
Discussion: Digital Trends, CrunchGear and Techdirt
Nivi / Venture Hacks:
So who is actually investing on AngelList?
Aaron Saenz / Singularity Hub:
Japan's Nuclear Woes Give Rise to Crowd-Sourced Radiation Maps In Asia and US
Discussion: TechCrunch and The Atlantic Online
Rhea Wessel / DealBook:
Activist Investors Turn to Social Media to Enlist Support
Jack Purcher / Patently Apple:
Apple Considers New iOS and iTunes Store UI Elements
Stephen Lawson / PC World:
Twitter Won't Be Able to Ignore China, Co-founder Says
Gabriel Perna / International Business Times:
Google Says It Won't Pull DUI Checkpoint Evasion App
Discussion: Digital Trends and PC World
 Earlier Items: 
Associated Press:
Starz becomes latest pay TV channel to ease away from embrace of Netflix, a rising competitor
Douglas MacMillan / Business Week:
AOL's New Palo Alto Offices
Discussion: SAI
Eric Chu / Android Developers Blog:
In-App Billing on Android Market: Ready for Testing
Brian X. Chen / Gadget Lab:
Nobody Needs a Tablet. So Why Are We Gobbling Them Up?
Discussion: Gadgetell, PC World and MediaVidea