Techmeme: Facebook Reaches New High Of $87.5 Billion (Jackie Cohen/All Facebook)

5:45 AM ET, May 28, 2011

Top Items:

MG Siegler / TechCrunch:

A Bit More On WWDC, The Mythical iPhone “4S”, and iOS 5 — With WWDC quickly approaching, the rumor mills are heating up with what we should expect at Apple's annual conference known for big announcements. We've learned a little bit more that speaks to what to expect — including a couple of big, widely-requested things.

Discussion: Electronista, AllNewsMac, Redmond Pie, Edible Apple, CNET News, TiPb, TUAW, GottaBeMobile, AppleInsider, Computerworld, MacRumors, SlashGear, Neowin.net, MacStories, RazorianFly, App Advice, everythingiCafe and iClarified

Eric Slivka / MacRumors:

iOS 5 to Bring Revamped Notification System and Widgets? — TechCrunch reports on some of the discussion surrounding Apple's apparent efforts to encourage members of the international press to attend its Worldwide Developers Conference (WWDC) early next month, disagreeing with the assessment …

Discussion: Neowin.net and SAI

Horace Dediu / asymco:

Microsoft has received five times more income from Android than from Windows Phone … HTC Pays Microsoft $5 Per Android Phone, Says Citi. — A rough estimate of the number of HTC Android devices shipped is 30 million. If HTC paid $5 per unit to Microsoft, that adds up to $150 million Android revenues for Microsoft.

Jay Yarow / SAI: Silicon Alley Insider:
HTC Pays Microsoft $5 Per Android Phone, Says Citi

Reuters:

Exclusive: Hackers breached U.S. defense contractors — (Reuters) - Unknown hackers have broken into the security networks of Lockheed Martin Corp (LMT.N) and several other U.S. military contractors, a source with direct knowledge of the attacks told Reuters.

Discussion: Software as Services Blog and Examiner

Brooke Crothers / CNET News:

A MacBook with Apple inside? Intel begs to differ — Rumors about Apple developing a MacBook with one of its own chips—not Intel's—were advanced on Friday, based on a post at a Japanese-language Web site. An Intel executive had some thoughts on the subject.

Discussion: Fast Company and Geek.com

Sam Oliver / AppleInsider:
Rumor: Apple testing new MacBook Air powered by same A5 processor as iPad 2

Discussion: AllNewsMac, TUAW, 9 to 5 Mac, The Register, TG Daily, iClarified, RazorianFly, TiPb, SlashGear, Electricpig.co.uk, I4U News, SAI, Shiny Objects, SocialSteak, MacDailyNews, MacStories, O'Grady's PowerPage, Geeky-Gadgets, thinq_, Apple Bitch and MacRumors

Kim-Mai Cutler / Inside Mobile Apps:

Paypal-Google Lawsuit Reveals More About How Android Market Deal Went Awry — Mobile developers for months have wondered why a long anticipated Paypal integration in Android Market never came to fruition. With Paypal owner eBay's recent lawsuit against Google, we now have a partial answer.

Discussion: Techdirt, gigaom.com and TechSpot

Erick Schonfeld / TechCrunch:
Google Responds To PayPal Lawsuit: People Have The Right To Seek Better Jobs

Discussion: AllThingsD, TechnoBuffalo, Technology Review, Pulse2, Tech Trader Daily, Android and Me and NYConvergence.com

Glenn Peoples / Billboard.Biz:

How Many Millions Did Amazon Lose on Two Days of 99 Cent Lady Gaga Sales? — Christmas came early for Lady Gaga fans this week, as Amazon sold downloads of the singer's brand-new LP, “Born This Way,” for just 99 cents on Monday and Thursday of this week. — Industry sources told Billboard.biz …

Discussion: AllThingsD

Jackie Cohen / All Facebook:

Facebook Reaches New High Of $87.5 Billion — Facebook stock closed at $35 in an auction on SharesPost yesterday. That means the company's value has reached a new high of $87.5 billion, assuming the company still has 2.5 billion outstanding shares. — This closing price marks a $3 rise …

Discussion: TechCrunch

Joe Mullin / paidContent:

Facebook: Ceglia Lawsuit Is A Fraud, Contract Is A ‘Cut-And-Paste Job’ — Last month, Paul Ceglia's lawsuit saying he owns half of Facebook got the attention of the national and international press, mainly because the suit includes several alleged email exchanges between Facebook founder Mark Zuckerberg and Ceglia.

Discussion: SAI, Between the Lines Blog, Digital Trends, Pulse2 and Bits

MG Siegler / TechCrunch:

Facebook Still Has No iPad App But They're Building A Desktop Software Team?! — Facebook has no iPad app. It's ridiculous. Their iPhone app is the most downloaded app in the history of apps. And third-party iPad apps (many of which aim to trick users) constantly dominate the top 10 lists for both free and paid apps.

Philip Elmer-DeWitt / Fortune:

Why it's harder to make money on Android than on Apple's iOS — Out of 72,000 paid apps in Google's Android Market, only two have sold more than 500,000 copies — 80% of Android paid apps have sold fewer than 100 copies. Source: Distimo — The Utrecht-based analytics company Distimo generated …

Peter Kafka / AllThingsD:
Android Users Like Apps, But Don't Like Paying For Them

Discussion: MobileBurn.com, Pulse2 and GMSV

Austin Carr / Fast Company:

Teen Who Sold White iPhone Kits Reveals How Apple Hunted Him Down — One of the last followers of tech news to hear the reports Thursday that Apple had sued Fei Lam, the 17-year-old Queens high school student who infamously sold White iPhone conversion kits to eager buyers tired of waiting on Apple's release, was Fei Lam.

Discussion: Redmond Pie, Digital Trends, Betabeat, TUAW, AppleInsider, IntoMobile, MacRumors and Neowin.net

Jonathan S. Geller / BGR:

Apple to announce back to school special at WWDC? $200 off an iPad or free iPod touch? — One of our Apple sources has informed us that they've been hearing Apple's yearly back-to-school special will be announced at WWDC next month. We have been told Apple will continue to offer educational discounts …

Discussion: everythingiCafe, Examiner, AllNewsMac, Pulse2, I4U News, TUAW, MacStories, MacHackPC, iLounge, iPodNN, App Advice and MacRumors

Chris Good / The Atlantic Online:

Sony Exec to Testify About PlayStation Network Hack — Congress has been looking into the theft of millions of credit card numbers from Sony's PlayStation Network, and, until now, Sony has declined to testify about it. — That will change next week. Sony will send Tim Schaff …

Discussion: PC Magazine, Reuters, Geeky-Gadgets, Neowin.net, VG247 and Gamasutra

Mariko Yasu / Bloomberg:
Sony to Partially Restart PlayStation Network Operations in Asia Tomorrow

Discussion: Redmond Pie, The Digital Home, Digital Trends, The Register, PC Magazine, BBC, Between the Lines Blog, Neowin.net and Engadget

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