Top Items:
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LinkedIn IPO Shares Pop 84 Percent On First Trade, Opens With $7.8B Market Cap — This is a big day for professional social network LinkedIn, which was founded in 2003. After filing its S-1 with the SEC in January, the company has begin trading its shares, under the symbol LNKD, on the New York Stock Exchange this morning.
Discussion:
Guardian, Bloomberg, ReadWriteWeb, Wall Street Journal, Digital Trends, Mashable!, TechEye, CNNMoney.com, Deal Journal, The Tech Trade, The Huffington Post, SAI, NetworkEffect, Between the Lines Blog, BBC, Marketing Pilgrim, NBC Bay Area, @leenarao, @anildash, Reuters and L.A. Times Tech Blog
RELATED:
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The Case Against LinkedIn's $4 Billion Valuation — A swarm of investors is buying into LinkedIn's I.P.O. and its soaring valuation. — Shares of LinkedIn, a professional social network, opened at $83 in trading on the New York Stock Exchange on Thursday, nearly double its offering price.
Discussion:
GeekWire and Fast Company
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CONGRATULATIONS, LINKEDIN! You Just Got Screwed Out Of $130 Million
Discussion:
GigaOM, VatorNews and Deal Journal
Nick Besbeas / The LinkedIn Blog:
LNKD: Changing the way professionals do business
LNKD: Changing the way professionals do business
Discussion:
Betabeat, TechCrunch, NetworkEffect and Wall Street Journal
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Whoa! Apple Patent Confirms iTunes Cloud Media Services — In January we pointed to a possible HP music cloud service that could debut with their future TouchPad tablet due to their 3par acquisition. Such a service had the potential of upsetting Apple's iTunes kingdom.
Discussion:
Between the Lines Blog, Gizmodo, 9 to 5 Mac, SAI, thinq_, Cult of Mac and everythingiCafe
RELATED:
Neil Hughes / AppleInsider:
Apple's cloud streaming could rely on small, locally stored song segments
Apple's cloud streaming could rely on small, locally stored song segments
Discussion:
Evolver.fm, Digital Trends, App Advice, GigaOM, MacRumors, iClarified and MacStories
Gartner:
Gartner Says 428 Million Mobile Communication Devices Sold Worldwide in First Quarter 2011, a 19 Percent Increase Year-on-Year — Apple, Samsung and HTC Reported Strongest Results in an Increasingly Smartphone-Dominated Market — Worldwide mobile communication device sales …
Discussion:
VentureBeat, PC World, ReadWriteWeb, PC Magazine, Fortune, SAI, GigaOM, Between the Lines Blog, msnbc.com, WMPoweruser.com, WinRumors, TechEye, Android and Me, Guardian, TekGadg, Reuters, PhoneArena, BGR, Engadget, SlashGear, Neowin.net, 9 to 5 Mac, Windows Phone Sauce and MobileBurn.com
RELATED:
Electronista:
Gartner: Android hits 36%, just 1.6m Windows Phones sold
Gartner: Android hits 36%, just 1.6m Windows Phones sold
Discussion:
BetaNews, Inquirer, BGR, eWeek, Gizmodo, Gartner, GottaBeMobile, Crave and IntoMobile
Amazon.com:
Amazon.com Now Selling More Kindle Books Than Print Books — Kindle with Special Offers for only $114 is already the bestselling member of the Kindle family — (NASDAQ:AMZN)—Amazon began selling hardcover and paperback books in July 1995. Twelve years later in November 2007 …
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Apple to support reps: “Do not attempt to remove malware” — Apple is actively conducting an internal investigation into the Mac Defender malware attack I wrote about yesterday (here and here). An internal document with a Last Modified date of Monday, May 16, 2011 notes that this is an “Issue/Investigation In Progress.”
Discussion:
LAPTOP Magazine, MacRumors, Gizmodo, Geek.com, TUAW, MacStories and MacNN
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Facebook's New Way to Combat Child Pornography — As online photo sharing has exploded so has, tragically, the distribution of child pornography. But while the rise of the Internet and digital cameras have revived a scourge that had nearly been eliminated in the late 1980s, new technology may also help to beat it back again.
Discussion:
GeekWire, TechNet Blogs, All Facebook, Digital Trends, WinExtra, Digital Life, WinRumors and The Next Web
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China Mobile's Four Million iPhone Users Still Waiting for Official Apple Deal — Five years after beginning talks with Apple, China Mobile, China's largest wireless phone operator, is still negotiating to add the iPhone to its smartphone lineup. It's been slow going, to be sure, but some progress has been made.
Discussion:
Tech Trader Daily and Electronista
RELATED:
Chester Yung / MarketWatch:
China Mobile, Apple reach consensus on 4G iPhone
China Mobile, Apple reach consensus on 4G iPhone
Discussion:
Bloomberg, IntoMobile, Redmond Pie, AppleInsider, MacRumors, FreakGeeks, iLounge, Apple Bitch, 9 to 5 Mac and MacStories
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‘Like’ Button Follows Web Users — Internet users tap Facebook Inc.'s “Like” and Twitter Inc.'s “Tweet” buttons to share content with friends. But these tools also let their makers collect data about the websites people are visiting. — These so-called social widgets …
Discussion:
Venture Capital Dispatch, Adotas, The Blog Herald, Fast Company and Geek.com
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Microsoft Says Intel Exec Was Wrong About Windows 8 — Yesterday, Intel senior vice president Renee James spilled some details about Microsoft's next version of Windows, claiming that the ARM version won't run legacy Windows apps (which were designed only to run on Intel's x86 family of processors).
Discussion:
eWeek, Hardware 2.0 Blog, The Register, Gizmodo, Engadget, SlashGear, Electronista, DailyTech, WinRumors, GottaBeMobile, Windows 8 News, Windows 8 News, Softpedia News, Fudzilla and Ars Technica
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Apple signs EMI, cloud-music deals nearly done — Apple is closing in on obtaining the necessary agreements with the top four record companies that will enable the company to launch a fully licensed cloud-music service, according to sources with knowledge of the talks.
Discussion:
Mobile Marketing Watch, CNN, App Advice, PC Magazine, Ars Technica, SAI, GigaOM, PC World, DailyTech, IntoMobile, techblog.dallasnews.com, Geek.com, Fortune, FierceMobileContent, TechCrunch, Softpedia News, I4U News, 9 to 5 Mac, Digital Trends, Disruptors, GottaBeMobile, Pocket-lint, BGR, MacStories, SlashGear, Computerworld, TiPb, Guardian, O'Grady's PowerPage, The Brooks Review, hypebot, TUAW, AppleInsider, Electronista and Engadget, more at Mediagazer »
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Apple's retail stores turn 10: Crow for sale — Apple's retail stores turn 10 and what looked like a boondoggle—and potentially a disaster in the making—has turned out to be one of the company's most brilliant moves. — On May 19, 2001 Apple opened stores in Glendale, Calif. and McLean …
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Apple causes ‘religious’ reaction in brains of fans, say neuroscientists — In a recently screened BBC documentary, UK neuroscientists suggested that the brains of Apple devotees are stimulated by Apple imagery in the same way that the brains of religious people are stimulated by religious imagery.
Discussion:
Techland, Gadgets DNA, Crave, Fudzilla and @r
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Google warns against facial recognition database — Google's Executive Chairman Eric Schmidt has warned Governments against ‘foolish’ legislation - and said facial recognition is too creepy even for Google — Eric Schmidt: 'I am incredibly optimistic about what is going to be possible in the next decade …
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Android grabs 53% of global smartphone market share; iOS 50% of application revenues — A new report published by Millennial Media paints a picture of the global smartphone landscape in April of 2011. The company found that Android continued its domination in pure market share, holding a 53% of impressions on the company's network.
Discussion:
Millennial Media, CNET News, ReadWriteWeb and Electronista
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Khosla Ventures Is Raising, Like, A Billion Dollars — Venture capital firm Khosla Ventures is raising $1 billion for its new fund, Khosla Ventures IV, an SEC filing reveals. From the looks of it, the new fund will be roughly the same size as the previous one (raised in September 2009).
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Google to acquire Modu patents for $4.9 million — Google was recently granted permission to purchase a patent portfolio previously held by Modu, a now defunct Israeli cell phone maker that couldn't find a market for its minuscule mobile phones. Modu emerged in 2008 touting …
Discussion:
Globes Online
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Yahoo! Messenger brings cross-platform video calling to iPad 2 — Fans of the Yahoo! Messenger messaging platform can now enjoy video calling on iPad 2. The version 2.1 update, now available free from the App Store, is a universal binary that supports both the iPhone's smaller screen and iPad's larger canvas.
Discussion:
MacRumors, SAI, IntoMobile and Yodel Anecdotal
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Lawsuit claims AT&T overcharges iPhone data users up to 300% — A new lawsuit alleges AT&T is regularly overcharging iPhone and iPad customers for data usage, in some cases up to 300% more. — Lawyers for the lawsuit said they spent $80,000 testing devices in preparation for their day in court.
Discussion:
GottaBeMobile, PhoneArena and Electronista, Thanks:scottwickham
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Octopart, The Little Startup That Hung In There — Looking for a transistor or a relay? Or possibly an oscilloscope? More than likely you'll end up at Octopart, a vintage Y Combinator startup that launched in 2007. — The company is a search engine for electronic parts …
Mike Masnick / Techdirt:
Bezos: Attempts To Collect State Sales Tax On Amazon Sales Is Unconstitutional — For quite some time now, we've covered how various states have tried to avoid laws that say mail order companies don't need to collect sales tax in states where they have no staff (while individuals are supposed …
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Paper.li Upgrades Social News Curation Platform, Adds Eric Hippeau As An Advisor — Paper.li this morning announced new curation and management capabilities for its publishing platform, which basically allows individuals and publishers like HBO create personalized online newspapers …
Discussion:
SAI
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Samsung Galaxy Tab 10.1 pre-orders start at $499.99 — Samsung's Galaxy Tab 10.1 Android Honeycomb tablet is now available for pre-order from J&R. The 16GB tablet is priced at $499.99 while the 32GB version will set you back an additional $100. Here's a quick rundown of its specs …
Discussion:
wirelessgoodness.com and GottaBeMobile