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3:15 PM ET, May 19, 2011

Techmeme

 Top Items: 
Sam Gustin / Epicenter:
LinkedIn IPO Pops Over 100 Percent  —  LinkedIn, the social network for professionals, went public Thursday and, as expected, soared in its debut.  In midday trading, LinkedIn shares [LNKD] had soared over 100 percent, providing a windfall for the Wall Street insiders who participated in the offering.
RELATED:
Henry Blodget / SAI:
CONGRATULATIONS, LINKEDIN!  You Just Got Screwed Out Of $130 Million  —  The stock of social-network LinkedIn has had a heck of an IPO debut this morning, popping 90%+ above the IPO price.  —  That means folks like us get to write breathless stories about how much money investors are making and how everyone's partying like it's 1999.
Ari Levy / Bloomberg:
LinkedIn's Founder, Biggest Backers Will Own $2.5 Billion Stake After IPO  —  LinkedIn Corp.'s founder Reid Hoffman and its three top venture backers will own a combined stake of about $2.5 billion after an eight-year wait for the first initial public offering by a major U.S. social-media site.
Discussion: Wall Street Journal
Leena Rao / TechCrunch:
LinkedIn IPO Shares Pop 84 Percent On First Trade, Opens With $7.8B Market Cap
Evelyn M. Rusli / DealBook:
LinkedIn Soars in Debut
Discussion: GeekWire and Bloomberg
SAI: Silicon Alley Insider:
CHART OF THE DAY: Where LinkedIn's Revenue Comes From
Discussion: SAI
Jack Purcher / Patently Apple:
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.
RELATED:
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 …
RELATED:
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 …
Ed Bott / Ed Bott's Microsoft Report Blog:
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.”
RELATED:
Sinead Carew / Reuters:
Verizon to offer family data plans  —  (Reuters) - Verizon Wireless will offer family plans for data services supporting multiple devices including smartphones and tablet computers, according to a top executive of parent company Verizon Communications.  —  Verizon Wireless plans …
Discussion: Engadget, Crave, GottaBeMobile and I4U News
RELATED:
Electronista:   Verizon reiterates iPhone 5 is dual-mode, due alongside AT&T
Riva Richmond / Gadgetwise:
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.
John Paczkowski / Digital Daily:
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:
Amir Efrati / Wall Street Journal:
‘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 …
Trevor Mogg / Digital Trends:
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.
Matt Warman / Telegraph:
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 …
Christian Zibreg / 9 to 5 Mac:
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.
Andrew Munchbach / BGR:
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.
Matt Rosoff / SAI: Silicon Alley Insider:
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).
Larry Dignan / Between the Lines Blog:
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 …
Greg Sandoval / CNET News:
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.
Robin Wauters / TechCrunch:
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).
Discussion: GMSV
Susan Decker / Bloomberg:
Google Rejects Skyhook's Allegations Over Phone-Location Service  —  Google Inc. rejected allegations that it undermined plans by Samsung Electronics Co. and the former Motorola Inc. to use a competing location-finding service on Android-based mobile phones.
Discussion: Search Engine Land, BGR and IntoMobile
Todd Haselton / BGR:
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: IntoMobile
Larry Hryb / Xbox Live's Major Nelson:
New Xbox 360 System Update Brings Expanded PayPal Functionality  —  I am happy to announce that, as a part of a new Xbox 360 System Update, we're expanding our integration with PayPal to allow U.S. and international Xbox LIVE users to make purchases on their Xbox 360 consoles with their PayPal accounts.
 
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 More Items: 
Reuters:
European start-ups shy away from IPO frenzy
Sarah Perez / ReadWriteWeb:
63% of Younger Generation Eager for NFC & Mobile Payments
Jim Dalrymple / The Loop:
Lawsuit claims AT&T overcharges iPhone data users up to 300%
Discussion: GottaBeMobile, Thanks:scottwickham
Robin Wauters / TechCrunch:
Paper.li Upgrades Social News Curation Platform, Adds Eric Hippeau As An Advisor
Discussion: SAI and AllTwitter
Zach Epstein / BGR:
Google to acquire Modu patents for $4.9 million
Discussion: Globes Online
 Earlier Items: 
Mike Masnick / Techdirt:
Bezos: Attempts To Collect State Sales Tax On Amazon Sales Is Unconstitutional
Michael Arrington / TechCrunch:
Octopart, The Little Startup That Hung In There
Josh Constine / Inside Facebook:
1.65 Billion Likes of TV Shows Indicates Facebook's Importance to Television
Nia Williams / Reuters:
UK backs revamp of 300-year-old copyright laws
Omar El Akkad / Globe and Mail:
Google's big bet on Canada
Sarah Lacy / TechCrunch:
Attn Entrepreneurs: Mark Zuckerberg Isn't the Role Model. Reid Hoffman Is.
Discussion: Fortune and PE Hub Blog