Top Items:
Leena Rao / TechCrunch:
LinkedIn Closes At $94 Per Share, With $8.9 Billion Market Cap — After opening to $83 per share and a market cap of $7.8 million, LinkedIn closed at $93.86 per share, giving the company a valuation of $8.9 billion. Although the professional social network priced at $45 per share …
Discussion:
Internet Evolution and Fortune
RELATED:
Sam Gustin / Epicenter:
Red-Hot LinkedIn IPO Heats Up Tech Bubble Talk — (Updated at 4 p.m. EDT with closing stock price and commentary.) — LinkedIn went public Thursday and, as expected, soared in its debut. But the social network for professionals outdid even the wildest expectations in what has become …
Discussion:
Wall Street Journal, ReadWriteWeb, Pulse2, The Tech Trade, SAI, NetworkEffect and Gawker
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.
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.
Discussion:
VentureBeat, Deal Journal, GigaOM, ITworld.com, The Tech Trade, VatorNews and @pkedrosky
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:
PR Newswire, AppleInsider, MacRumors, GigaOM, Engadget, CNET News, BGR, Gizmodo, BGR, DailyTech, TechSpot, TUAW, Startup Meme, Pulse2, Sidecut Reports, 9 to 5 Mac, Droid Life, IntoMobile, Android and Me, Apple Bitch, SlashGear, FierceWireless, GottaBeMobile, I4U News, PhoneArena, Android Phone Fans, iLounge, Crave and Android Police
RELATED:
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.
Discussion:
ReadWriteWeb, BetaNews, TechCrunch, SAI, Between the Lines Blog, Pulse2, SlashGear and TiPb
RELATED:
Neil Hughes / AppleInsider:
Apple's cloud streaming could rely on small, locally stored song segments
Discussion:
CNET News, Evolver.fm, Digital Trends, App Advice, Gizmodo, Cult of Mac, TUAW, GigaOM, iClarified, MacStories, MacRumors and Appolicious Advisor
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 …
Discussion:
Computerworld, Fast Company, L.A. Times Tech Blog, CNN, Technologizer, Engadget, paidContent, MediaMemo, Guardian, Ubergizmo, Between the Lines Blog, Gadgetell, VatorNews, Daring Fireball, Digital Trends, VentureBeat, GMSV, paidContent:UK, USA Today, Pulse2, GeekWire, Geek.com, ReadWriteWeb, 9 to 5 Mac, Hardware 2.0 Blog, Techland and The Next Web, more at Mediagazer »
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:
GigaOM, VatorNews, MediaPost, Tech Trader Daily, SAI, PhoneArena, WinRumors, VentureBeat, Between the Lines Blog, WMPoweruser.com, TechEye, Android and Me, Computerworld, Pulse2, PC World, ReadWriteMobile, msnbc.com, Engadget, PC Magazine, Fortune, I4U News, Guardian, SlashGear and GottaBeMobile
RELATED:
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.
Discussion:
Gizmodo, All Facebook, TechNet Blogs, Pulse2, Digital Life and Digital Trends
RELATED:
Todd Bishop / GeekWire:
Facebook to use Microsoft's PhotoDNA technology to combat child pornography
Discussion:
The Official Microsoft Blog, The Microsoft Blog and WinExtra
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.”
Discussion:
Ars Technica, AppleInsider, Digital Trends, LAPTOP Magazine, Ed Bott's Microsoft …, Gadget Lab, MacStories, Pulse2, I4U News, SecurityWeek, MacRumors, Hardware 2.0 Blog, MacNN, FreakGeeks and Geek.com
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.
Discussion:
The Register, Pulse2, Geek.com, OSNews, IntoMobile, Gadgets DNA, Fudzilla, Techland and @r
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 …
Discussion:
Digits, The Not-So Private Parts, MediaPost, Venture Capital Dispatch, Geek.com and Adotas
Ina Fried / Mobilized:
Qualcomm Bringing Augmented Reality Software Kit to the iPhone — Although its chips don't power the iPhone, Qualcomm has decided to bring its augmented reality software kit to Apple's phones in an effort to make it more attractive to developers. — Qualcomm released free software tools …
Discussion:
9 to 5 Mac, AppleInsider and MacRumors
Nick Besbeas / The LinkedIn Blog:
LNKD: Changing the way professionals do business — Today marks an important milestone in LinkedIn's history - we started trading at the New York Stock Exchange (NYSE) - following our recent IPO filing. Our stock symbol is LNKD (as you may have guessed from this post) …
Discussion:
Venture Capital Dispatch, Mashable!, TechCrunch, Betabeat, The Huffington Post, Digital Trends and NetworkEffect
RELATED:
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 …
Discussion:
MediaPost, The Not-So Private Parts, PC World and Bloomberg
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:
Chester Yung / MarketWatch:
China Mobile, Apple reach consensus on 4G iPhone
Discussion:
The Toybox Blog, Bloomberg, Redmond Pie, MacRumors, AppleInsider, Apple Bitch and IntoMobile
Matt Brian / The Next Web:
Internet Explorer emerges as only browser not vulnerable to huge memory leak — The developer teams at Microsoft may have something to smile about this morning after it has emerged that the company's Internet Explorer browser is one of the only modern web browsers that is not susceptible …
Discussion:
Web Browser
Declan McCullagh / CNET News:
Senators press Apple, Google on location privacy — Apple and Google returned to Capitol Hill this morning to defend themselves against accusations from U.S. politicians who claim that the companies aren't doing enough to protect their customers' location privacy.
Discussion:
Google Public Policy Blog, PC World and Electronista
Chris Morris / Gamasutra:
Sony Tells Dev Partners PlayStation Store To Return May 24 — Barring any additional problems, Sony plans to bring the PlayStation Store back online next Tuesday, May 24, according to a memo sent to Sony's game developer and publishing partners. — The company has sent a tentative publishing schedule …
Discussion:
PC Magazine, Giant Bomb, CNET News, VentureBeat, The Toybox Blog, ZDNet, GameLife, SlashGear, Electronista, Ubergizmo, Geek.com, Kotaku, USA Today, VG247 and Neowin.net
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.
Discussion:
CNET News, Millennial Media, ReadWriteWeb and Electronista
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
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.
Discussion:
ReadWriteWeb, IntoMobile, App Advice, Yodel Anecdotal, MacRumors and SAI
