Techmeme: Pandora Prices IPO At $7 To $9 Per Share At Valuation Over $1B, Raising $141.6M (Leena Rao/TechCrunch)

12:55 AM ET, June 3, 2011

Top Items:

Nicholas Carlson / The Business Insider:

Groupon Files For $750 Million IPO; Lost $413 Million In 2010 — Groupon just filed an S-1 with the SEC in order to raise $750 million in an IPO. In the filing Andrew Mason wrote the following letter to potential investors: Dear Potential Stockholders, On the day of this writing …

Peter Kafka / AllThingsD:

Where Did Groupon's Billion Dollars Go? — In January, Groupon raised $950 million. By the end of March, it had $209 million in cash. — What happened to all that money? — The company's IPO filing spells that out: Almost all of it went right back out the door, to employees and early investors.

Discussion: GigaOM, PE Hub Blog, TechCrunch, SAI and DailyFinance.com

John Cook / GeekWire:

Groupon files for $750 million IPO despite $522 million deficit — IPO fever continues to spread through the ranks of technology companies. The latest to catch the bug is Groupon, which today announced that it plans to raise up to $750 million through an initial public offering.

Discussion: ReadWriteWeb, AllThingsD, BetaNews, internetnews.com, BGR, @dhh, GigaOM, FT Tech Hub, SAI, Tech Trader Daily, Digital Trends, WebProNews and CenterNetworks

Sam Gustin / Epicenter:
Sweet Deal: Groupon IPO Could Value Company at Over $15 Billion

Discussion: PE Hub Blog, Everything Ventured and At Your Servers

Shira Ovide / Deal Journal:
Groupon IPO: Shades of Google's 'Don't Be Evil' Manifesto

Discussion: VentureBeat

Brad Stone / @bradstone: Here's the Groupon S1: http://1.usa.gov/lE03ar. Lost $420 million last year, $117 million in the first quarter of '11.

Greg Sandoval / Technology News:

Apple signs Universal Music to iCloud — Apple has cut a licensing deal with Universal Music Group that will enable Apple's online music store to offer songs from the largest of the four top record companies, sources with knowledge of the talks told CNET. — The agreement means Apple …

Alex Pham / Company Town:

Major labels, music publishers lining up behind Apple's iCloud — Apple Inc. has just sewn up its contracts with the four major record labels Thursday for a cloud music service, with agreements from music publishers to follow on Friday, according to sources familiar with the negotiations.

Discussion: AppleInsider, paidContent, Gizmodo, Apple Headlines, Edible Apple, Gadgetsteria, SAI, MacStories, Geek.com, iLounge, MacRumors and Engadget

Jacqui Cheng / Ars Technica:

iCloud cost pegged at $25 per year, all 4 major labels signed — As the WWDC 2011 keynote draws near, more details are emerging about Apple's new iCloud service. According to sources “familiar with the negotiations” who spoke with the L.A. Times, Apple plans to charge $25 per year to use the service …

Discussion: 9 to 5 Mac, L.A. Times Tech Blog and Gizmodo

Jay Yarow / SAI: Silicon Alley Insider:

Apple Execs Are Absolutely Giddy Right Now Says Goldman Sachs — Goldman Sachs analyst Bill Shope has a report out on Apple this morning that is very bullish. — He met with COO Tim Cook, retail SVP Ron Johnson, and CFO Peter Oppenheimer. — Shope says, “the company appeared …

Discussion: 9 to 5 Mac, Shiny Objects, TiPb, GigaOM, AppleInsider, TUAW, App Advice and MacStories

Eric Slivka / MacRumors:
Apple Executives Optimistic About Future of iOS, Expect Tablet Market to Surpass PCs

Discussion: SAI

Daniel Eran Dilger / AppleInsider:

WWDC 2011 banners at Moscone Center show new iCloud icon — Apple is working to prepare San Francisco's Moscone Center West for the company's 2011 Worldwide Developer Conference to be held next week. — This morning, workers were putting the finishing touches on the giant white Apple logos …

Arik Hesseldahl / AllThingsD:

Adobe CEO: The Flash Argument With Apple Is Over — Adobe CEO Shantanu Narayen says the argument with Apple over supporting its Flash software on the iPad and iPhone devices is over. “It's an argument that the press likes to continue bringing up,” he said in an on stage conversation with Wall Mossberg at the All Things D conference.

Discussion: AllThingsD, Digits, BGR, MacDailyNews, Electronista, CNET News, VentureBeat and The Tech Trade

Tricia Duryee / AllThingsD:
Adobe CEO: Android Will Overtake iPad Just Like it Did the iPhone (Video)

Discussion: AppleInsider

Joe Mullin / paidContent:

What's In Facebook's Pile Of Evidence Against Paul Ceglia? — Earlier today, Facebook offered a significant new filing in the Ceglia case. The documents show that Facebook has hired a bevy of experts and investigators to look over Ceglia's past, and every shred of evidence he's offered the court.

Discussion: SAI

Jonathan Stempel / Reuters:
Facebook, Zuckerberg say ownership contract forged

Discussion: L.A. Times Tech Blog, Bits, MediaFile, Between the Lines Blog, Inside Facebook, paidContent, Mashable!, SAI, Betabeat, Neowin.net, The Not-So Private Parts and Gawker

Klint Finley / ReadWriteWeb:

Github Has Surpassed Sourceforge and Google Code in Popularity — Github is now the most popular open source forge, having surpassed Sourceforge, Google Code and Microsoft's CodePlex in total number of commits for the period of January to May 2011, according to data released today by Black Duck Software.

Thanks:arpitnext

Leena Rao / TechCrunch:

Pandora Prices IPO At $7 To $9 Per Share At Valuation Over $1B, Raising $141.6M — Music streaming service Pandora has just filed a new version of its S-1 that indicates the company will be pricing its stock at $7 to $9 per share. Pandora's stock will be traded on The New York Stock Exchange under the symbol “P.”

Discussion: CNET News, StreetInsider.com, @tim, Venture Capital Dispatch, @preetatweets, SFGate and Reuters

Matt Brian / The Next Web:

Amazon enters the daily deals space with AmazonLocal — Online retail giant Amazon has become the latest company to move into the daily deals space with the launch of AmazonLocal, an online marketplace that will allow its customers to buy vouchers or deals that can be redeemed against goods …

Discussion: Examiner, SAI, Screenwerk, Marketing Pilgrim, MediaPost, BetaNews, TG Daily, WebProNews, @fredericl, Gizmodo, TechFlash and MarketingVox News & Trends, Thanks:jfalconer

Dana Wollman / Engadget:

Toshiba Thrive tablet with Android 3.1 ships in July, starts at $429 — That Toshiba Thrive tablet that surfaced on J&R's site last month? Turns out, someone got a little excited — the company just confirmed the listing went up prematurely and that the price was wrong.

Discussion: Technologizer, This is my next, Android Phone Fans, MobileWhack, Techland, SlashGear, IntoMobile, TechSpot, Electronista, TechnoBuffalo, 9to5 Google and Gizmodo

Seth Weintraub / 9 to 5 Mac:

More on Apple's Airport/Time Capsule and a possible refresh — We've been tracking Time Capsule/Airport shortages reported earlier for about a week. Our sources noted that Airport Express has been plentiful but supplies of TimeCapsule and Airport Extreme have been tightening globally the way products usually do before a refresh.

Discussion: Daring Fireball, CNET News, Ars Technica, TUAW, The Next Web, TiPb, MacNN, MacStories and MacRumors

Efim Bushmanov / skype-open-source:

Skype protocol reverse engineered, source available for download — Hello, I'am Efim Bushmanov a freelance researcher and here is my project files on skype research. — While “Wall Street Journal” makes politics and skype today's trend, i want to publish my research on this.

Discussion: The Register and Geek.com

Mark Milian / CNN:

AT&T: Our 4G will catch up to Verizon's in 2 to 3 years — Rancho Palos Verdes, California (CNN) — AT&T's data network won't be on par with Verizon Wireless' until 2013 or 2014, AT&T Mobility CEO Ralph de la Vega said on Thursday. — AT&T has yet to launch its faster fourth-generation cellular technology …

Discussion: PC Magazine

Nancy Gohring / PC World:

Motorola CEO: Open Android Store Leads to Quality Issues — Motorola's CEO blamed the open Android app store for performance issues on some phones. — Of all the Motorola Android devices that are returned, 70 percent come back because applications affect performance, Sanjay Jha …

Discussion: This is my next Podcast, Computerworld, Electronista, Gadgetsteria and The Loop

Jacques Hebert / YouTube Blog:

YouTube and Creative Commons: raising the bar on user creativity — Have you ever been in the process of creating a video and just needed that one perfect clip to make it pop? Maybe you were creating your own music video and needed an aerial video of Los Angeles at night to spice it up.

Discussion: GigaOM, Bits, Librarians Matter, paidContent, Mashable!, Google Operating System, VentureBeat, Creative Commons, ReadWriteWeb and 9to5 Google, more at Mediagazer »

Michael Gorman / Engadget:

OnLive outs universal wireless controller, seamless Facebook integration and more — we test the tablet experience on an HTC Flyer (video) — We told you that OnLive was coming to tablets, TVs, and other devices a while back, but perhaps you were vexed by the thought of controlling Duke Nukem via touchscreen or IR remote.

Discussion: GamesIndustry.biz, This is my next, VentureBeat, VG247 and Electronista

Rob Beschizza / Boing Boing:

Sony hacked again: 1m compromised, claims LulzSec — Already infamous for defacing PBS's website earlier this week, cracking outfit LulzSec today claimed a familiar scalp—whatever remains of it, anyway. This time, it's Sony Pictures Entertainment, the movie-making division.

Discussion: Geek.com, Ars Technica, Telegraph, Disruptors, This is my next, PC Magazine, VentureBeat, Reuters, CNET News, Joel Housman, Bits, Techland, Gadgetsteria, @ioerror, Mashable!, The Next Web, @lulzsec, ReadWriteWeb, TechnoBuffalo and TechSpot

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