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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 …
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LinkedIn's Founder, Biggest Backers Will Own $2.5 Billion Stake After IPO
Discussion:
Wall Street Journal
Henry Blodget / SAI:
CONGRATULATIONS, LINKEDIN! You Just Got Screwed Out Of $130 Million
CONGRATULATIONS, LINKEDIN! You Just Got Screwed Out Of $130 Million
Discussion:
The Register, Deal Journal, @pkedrosky, Peter Yared's Musings, VentureBeat, VatorNews, Neowin.net, ITworld.com, GigaOM, PSFK, Silicon Valley Watcher, silicontap.com, The Tech Trade, GMSV and DealBook
Liz Gannes / NetworkEffect:
SecondMarket Unseals LinkedIn Pricing Now That It's Public
SecondMarket Unseals LinkedIn Pricing Now That It's Public
Discussion:
FT Tech Hub, Wired In Blog| BNET, Betabeat and BoomTown
Evelyn M. Rusli / DealBook:
LinkedIn's Surge Sets Stage for More Internet I.P.O.'s
Sam Gustin / Epicenter:
Red-Hot LinkedIn IPO Heats Up Tech Bubble Talk
Red-Hot LinkedIn IPO Heats Up Tech Bubble Talk
Discussion:
Wall Street Journal, broadstuff, NetworkEffect, Gawker, ReadWriteWeb, The Tech Trade, SAI, Pulse2 and Guardian
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Scoop: Microsoft closes consumer skunkworks unit — A little more than three years after opening Pioneer Studios, a skunkworks operation to develop consumer electronics and experiences, Microsoft has closed the unit, CNET has learned. — Pioneer was the brainchild of J Allard …
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Screenshots of Apple's impressive new Daily Download iPad app, more Apple Store 2.0 news — We've gotten our hands on the internal Apple RetailMe iPads and have been rifling through the interesting new features that debuted for Retail employees on Monday. First is obviously the Daily Download …
Discussion:
Fortune, MacStories, Softpedia News, I4U News and iClarified
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Nokia To Use ST-Ericsson Chips For Windows Phone 8 Handsets — When Nokia debuts its hotly-anticipated new smartphones running on Microsoft's Windows Phone operating system, at least some of the devices will be powered by silicon from ST-Ericsson, said Carlo Bozotti, the Chief Executive …
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Google Is Serious: You Can Kill Chrome's URL Bar — We wrote about this feature a few months ago and now we are seeing a first implementation of it. The URL bar in Chrome is still active by default, but there is a flag to hide it. Chrome is serious about keeping the URL bar flexible …
Discussion:
Gizmodo, Ars Technica, Technologizer, The Next Web, Lifehacker, ReadWriteWeb and Slashdot
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Wal-Mart to carry TouchPad, 32GB set at $599 [exclusive] — HP's distribution advantage over some other tablet manufacturers is hard to deny. They have massive inroads with traditional electronics retailers like Best Buy and Amazon, their own online store, and a good relationship …
Discussion:
The Tech Report, IntoMobile, SlashGear, netbooknews.com, CrunchGear, Engadget and Electronista
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Porn, piracy, and personal data: Universities providing more than just education... UPDATE, 5/19/11 2:13PM EST: It appears word is getting around to some of the schools I've linked to in this post, as links are beginning to die off (which is a good thing for the universities taking care of business).
Jack Purcher / Patently Apple:
Apple Patent Reveals Aperture Coming to Touch Display Devices — A number of patents have surfaced over the last two years concerning light pens and apps moving to touch screens. While one of the first detailed patents surfaced in 2009 in relation to business forms, we've since seen …
Discussion:
TUAW, PadGadget, App Advice and MacStories
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Facebook to use Microsoft's PhotoDNA technology to combat child pornography — Facebook will be the first company outside of Microsoft to roll out the Redmond company's PhotoDNA technology — a move that the companies are describing as a big step in the fight against child pornography …
Discussion:
PC Magazine, TechNet Blogs, Gawker, Pulse2, Digital Life, The Official Microsoft Blog, The Microsoft Blog, The Next Web and WinExtra
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HTML5: It's Last Call for Comments — After more than 3 years of development and discussion by the World Wide Web Consortium (W3C) Working Group on the subject, the draft specifications document for HTML version 5 will now be moved into Last Call status after a 63 to 2 vote, with 3 abstentions.
Discussion:
Burningbird, Thanks:marshallk
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Apple Alumni Don't Fall Far from the Tree — A wave of star engineers has left to start mobile app companies — After selling mobile ad startup Quattro Wireless to Apple (AAPL) in late 2009, Lars Albright took a job helping the iPhone maker work with its community of mobile app developers.
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Updated: Liberty Media Offers Nearly $1 Billion For Barnes & Noble; Would Buy 70 Percent — Bankrupt Borders needs a sale the most but Barnes & Noble (NYSE: BKS), whichput itself in play last August, is the book retailer with a serious suitor—and they don't come much more serious than John Malone.
Discussion:
Wall Street Journal, Reuters, PE Hub Blog, I4U News, SAI, Voices on All Things Digital, Electronista, @eldon, Tech Trader Daily and Pulse2, more at Mediagazer »
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Google, Smartphone Contacts & Social Graphs: Has Eric Schmidt Crossed The Creepy Line Again? — Things have been a little quiet — perhaps even boring — since Eric Schmidt stepped down as Google's CEO to become the company's Executive Chairman. The strange quotes and not-so-funny attempts …
Discussion:
CNET News, This Is London, The Atlantic Wire, PC Pro, The Register and Gizmodo
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‘Neuromancer’ Goes Into Pre-Production — After years in development, Vincenzo Natali's Neuromancer is finally moving forward. According to a press release, the film has secured sales from distributors at Cannes and visual effects work has already begun. Filming will begin in 2012 …
Discussion:
Jacket Copy and I4U News
Carly Carioli / Phlog:
Google abandons master-plan to archive the world's newspapers — In an email today to publishers including the Boston Phoenix, Google told partners in its News Archive project that it would cease accepting, scanning, and indexing microfilm and other archival material from newspapers …
Discussion:
CNET News, Search Engine Land and The Next Web
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Exclusive: A First Look at AT&T's LTE Network — Yesterday, I took a tour of AT&T's Foundry space in Plano, Texas. I interviewed Jon Summers, SVP of application and service infrastructure at AT&T, with other reporters, to try to understand the shift AT&T is making in how it approaches buying goods …
Discussion:
IntoMobile, AppleInsider, SlashGear, PhoneArena, Engadget, Gizmodo, Electronista, iClarified and MacNN, Thanks:gigastacey
Karen Gullo / Bloomberg:
Apple Denies Amazon's Claim That ‘App Store’ Is Generic Term — Apple Inc., suing Amazon.com Inc. for trademark infringement, denied the retailer's claims that “app store” is a generic term and that the words together stand for a store for application programs.
Discussion:
Mobile Entertainment
Dan Goodin / The Register:
Eureka! Google breakthrough makes SSL less painful — Client-side change cuts latency by 30% — Google researchers say they've devised a way to significantly reduce the time it takes websites to establish encrypted connections with end-user browsers, a breakthrough that could make it less painful …
Discussion:
Chromium Blog and Softpedia News
Josh Ong / AppleInsider:
Apple strikes deal with Sony for streaming iTunes music service - report — Apple has reportedly inked a licensing deal with Sony Corp.'s music division to begin offering the label's catalog in the cloud, leaving Universal Music Group as the last holdout among the major record labels.
Discussion:
Bloomberg, Electronista, TechCrunch, MacStories, Pocket-lint, Gizmodo, 9 to 5 Mac, iClarified, The Next Web and CNET News
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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:
Alec Saunders, SocialTimes.com, AppleInsider, 9 to 5 Mac, MacRumors and FierceMobileContent
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Orange and Barclaycard launch ‘Quick Tap’ NFC mobile payments in the UK — Yay for the UK, it's now one step closer to catching up to the Japan of last decade. Mobile carrier Orange is today launching the UK's first mobile phone contactless payment service, dubbed Quick Tap, for purchases up to £15.
Discussion:
Orange Newsroom, The Register, Gizmodo, Electricpig.co.uk, Recombu and Softpedia News
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Nuance Plays Hardball in Voice Recognition — The speech-recognition software maker has acquired at least four companies after suing them first — When rumors swirled on May 7 that Apple (AAPL) might acquire Nuance Communications (NUAN), shares of the software company rose 10 percent to $22, within pennies of an all-time high.
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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.