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1:40 PM ET, May 1, 2011

Techmeme

 Top Items: 
Steven Levy / Epicenter:
The Little Red (Face)Book  —  When I spoke at Facebook about In The Plex recently, rumors were swirling that the social networking giant was about to enter China, supposedly in a partnership with the search engine Baidu.  So I made sure that my talk to a dining hall full of FB'ers included …
Mark Suster / Both Sides of the Table:
The Future of Advertising will be Integrated  —  Banner Ads.  They first started in 1994 and are therefore almost as old as the Web itself.  They were very effective back then, with the original ad garnering a 78% click-through rate (CTR)!  I guess from there we had nowhere to go but down.
Kasper Jade / AppleInsider:
Apple preparing to introduce Sandy Bridge iMacs early next week - sources  —  Apple as early as next week will deliver a much-needed refresh to its iMac line of all-in-one desktops, adopting Intel's newest family of Core processors and the latest in personal computing I/O technology, AppleInsider has learned.
Ryan Singel / Epicenter:
Shed a Tear: The Age of Broadband Caps Begins Monday  —  Come Monday, AT&T will begin restricting more than 16 million broadband users based on the amount of data they use in a month.  The No. 2 carrier's entry into the broadband-cap club means that a majority of U.S. broadband users …
Chris Kohler / GameLife:
Sony Details PlayStation Network Revival, ‘Welcome Back’ Gift  —  Sony will turn on most features of the PlayStation Network within a week and offer its customers a selection of free downloads, it said early Sunday morning.  —  The PlayStation maker's online service for its PlayStation 3 …
RELATED:
Leena Rao / TechCrunch:
Intuit's GoPayment Cuts Transaction Fees, Pricing Now More In Line With Square  —  Inuit's GoPayment reader, which competes directly with Square, is about to become more attractive to small businesses today.  The company has made the decision dropped the transaction fee ($0.15 per transaction) …
Michael Geist Blog:
Wikileaks on New Zealand Copyright: US Funds IP Enforcement, Offers to Draft Legislation  —  This week I published multiple posts Wikileaks cables revelations on the U.S. lobbying pressure on Canadian copyright including attempts to embarrass Canada, joint efforts with lobby groups such as CRIA …
Discussion: ZeroPaid.com
Mike Swift / Mercury News:
Google emails highlight value of location data  —  Larry Page's Memorial Day weekend email was terse — “Can I get a response on this?”  — but the scramble it set off among top Google (GOOG) executives on a Saturday afternoon illustrates the critical importance the company places on the data …
Discussion: SAI
Mathew Ingram / GigaOM:
Hey Apple, Sony and Amazon: Crisis Response is Real Time Now Too  —  We've seen a trifecta of failures and/or screwups over the past couple of weeks, from three of the world's technology giants: Apple was shown to be keeping a log of the location of millions of iPhone users …
RELATED:
Jason Snell / Macworld:
Apple's unique brand of crisis management
Discussion: TUAW
Lee Mathews / Geek.com:
Leaked Windows 8 builds reveal Windows Store and its logo  —  While those screenshots of the supposed “Windows App Store” turned out, as expected, to be fakes, there's no doubt Microsoft is working on something along those lines to deliver in Windows 8.  In fact, some of the bits are already …
Sean Hollister / Engadget:
FCC opens floor for public comment on AT&T / T-Mobile deal  —  Since the world's engineers haven't yet come up with a way to read minds over the internet (or at all, last we checked), we're not sure what you think about the proposed marriage of T-Mobile to AT&T. We're pretty sure …
RELATED:
Matthew Lasar / Ars Technica:   Opponents: kill AT&T bid for T-Mobile, Qualcomm licenses at same time
Peter Kafka / MediaMemo:
Barack Obama Wants You To Watch His Funny YouTube Video  —  The White House Correspondent's Dinner, an annual tradition where the media and political elite meet to roast each other, with mixed results, just finished up.  Saturday Night Live's Seth Meyers hosted the event …
Ben Popper / Betabeat:
Village Voice Admits To Spamming Reddit, Begs Forgiveness  —  The power of a social news site comes principally from its community, so when users feel like their service is being manipulated, they take it very personally.  —  Two weeks ago a rag tag team of anonymous Redditors discovered …
Discussion: @kn0thing
Marco Arment / Marco.org:
What Safari's “Reading List” in Lion means for Instapaper  —  Mac Rumors reports on a new Safari feature in Lion called Reading List: … I've known about this for a little while (I'm not privy to the Lion betas since I only have the iOS developer membership, but friends have told me), and I'm not worried about it.
 
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 More Items: 
Tomio Geron / Social Markets:
How Like.com Shut Down A Competitor-And Broke Up Its Funding Round
Discussion: K9 Ventures
Michael Rose / TUAW:
Rumor: Evidence for a Castle in the ‘iCloud’ for Lion
Discussion: MacRumors, Gizmodo and 9 to 5 Mac, Thanks:miketrose
Spencer Ackerman / Wired.com:
Unfollowed: How a (Possible) Social Network Spy Came Undone
 Earlier Items: 
J. David Goodman / New York Times:
Trying to Stir Up a Popular Protest in China, From a Bedroom in Manhattan
Alexia Tsotsis / TechCrunch:
The Pitfall Of Twitter's ‘Promoted Trends’ #RoyalWedding