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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 …
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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.
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GigaOM, Guardian, Softpedia News, SAI, TechCrunch, PE Hub Blog, MediaPost and DailyFinance.com

Groupon files for $750 million IPO despite $522 million deficit
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IBD Click, AllThingsD, Digital Trends, ReadWriteWeb, @dhh, GigaOM, WebProNews, FT Tech Hub, Tech Trader Daily, SAI, internetnews.com, BetaNews, BGR and CenterNetworks

Groupon IPO: Shades of Google's 'Don't Be Evil' Manifesto
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VentureBeat

Sweet Deal: Groupon IPO Could Value Company at Over $15 Billion
Discussion:
PE Hub Blog, Everything Ventured and At Your Servers


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 …
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Music Ally, Fortune, Media Decoder, SocialTimes.com, Disruptors, The Next Web, Billboard.Biz, Pocket-lint, Geeky-Gadgets, O'Grady's PowerPage, Digital Trends, TiPb, Examiner, GottaBeMobile, The Next Web, Shiny Objects, Ubergizmo, Neowin.net, CNET News, iPhone in Canada Blog, SlashGear, MacDailyNews, VentureBeat, Electronista, TechCrunch, iLounge, MacStories, MacRumors and Computerworld
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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.

iCloud cost pegged at $25 per year, all 4 major labels signed
Discussion:
9 to 5 Mac, L.A. Times Tech Blog, Gizmodo and MacStories


Adobe CEO: Android Will Overtake iPad Just Like it Did the iPhone (Video) — Adobe's Shantanu Narayen debunked a myth today at D that there's an ongoing feud between it and Apple over running Flash on iOS. — Still, he didn't hesitate downplaying Apple's early lead in the tablet market …
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App Advice, Computerworld, Pocket-lint and AppleInsider
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Adobe CEO: The Flash Argument With Apple Is Over
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Engadget, Inquirer, Cult of Mac, Adobe, BGR, AllThingsD, MacDailyNews, Electronista, CNET News, Digits and VentureBeat

Windows 8: The Beginning of the End of Windows — I have a longstanding rule for evaluating new tech products: Don't judge anything by the demo. I've seen far too many product previews that hid fundamental flaws in usability. Until you can touch and play with the product on your own …


Google's CEO steps into spotlight — In his most extensive public comments since becoming Google's (GOOG) CEO, Larry Page on Thursday delivered a carefully crafted response to critics who say the company is too free-spending, too unfocused and too aloof to investors and Wall Street.
Discussion:
Agence France Presse, Reuters and Sacramento Bee


HTC takes the Sense UI open-source and reaches out to developers — After re-introducing unlockable bootloaders last week, HTC has announced a new developer initiative called HTCdev, which would offer mobile app developers with various tools and resources to build apps tailor made for HTC Sense phones.
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Geeky-Gadgets, Engadget, Gadgetsteria, AndroidOS.in, Softpedia News, PR Newswire and ReadWriteWeb


AT&T's Ralph De La Vega on the T-Mobile Deal, Service Issues, Spectrum Shortage — Trying to buy T-Mobile USA for $39 billion. Looking to fend off new competition with Verizon over the iPhone. The looming spectrum crunch and the shift away from unlimited data pricing.
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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 …
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AppleInsider, 9 to 5 Mac, TiPb, Shiny Objects and GigaOM
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Apple Executives Optimistic About Future of iOS, Expect Tablet Market to Surpass PCs
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SAI


Start-up Offers New Hires $10,000, and All the Accoutrements of Hipsterdom — Earlier this year, my colleague Claire Cain Miller and I reported on the fierce recruiting wars among tech companies as they competed to hire and retain talented software developers and engineers.

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.
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Inquirer, TechEye, TorrentFreak, Softpedia News, The Register, Geek.com, thinq_, ITProPortal, Naked Security and Disruptive Telephony

Sony probing claim hackers stole user information — LONDON - Sony has been hit by a second massive data breach, hackers claim, another potential embarrassment for a company that is struggling to restore its image following the loss of millions of credit card numbers through its PlayStation Network.
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Guardian
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Sony hacked again: 1m compromised, claims LulzSec
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This is my next, Geek.com, PC Magazine, Pocket-lint, Disruptors, Ars Technica, Reuters, Telegraph, Eurogamer, VentureBeat, Mashable!, CNET News, Bits, Techland, Gadgetsteria, @lulzsec, The Next Web, @ioerror and Joel Housman


Gmail Hack Targeted White House — People who work at the White House were among those targeted by the China-based hackers who broke into Google Inc.'s Gmail accounts, according to one U.S. official. — The hackers likely were hoping the officials were conducting administration business …
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Fast Company, Reuters, ITProPortal, The Next Web and Digital Trends


Note to Self: If the Halls Clear at Conferences, IPOs Are Near — In Silicon Valley the terms of venture capital deals, the prices of valuations and the real stories of ousters are routinely dished, whether they always show up in the press or not. Sure it's all off the record or on background …


Killer App: Army Tests Smartphones for Combat — The Army plans to hold desert trials in the U.S. next week to test off-the-shelf iPhones, Androids and tablet computers for use in war. — Starting Monday, the Army will also stress-test a variety of applications that could allow troops …


The Billion-Dollar Startup Club: Then and Now — “A million dollars isn't cool. You know what's cool? A billion dollars.” — Once news of Groupon's IPO filing subsides, look out for headlines that Airbnb has joined the billion-dollar club. The social bed and breakfast startup …


Amazon May Soon Need to Collect Sales Tax — A proposal in the U.S. Senate aims to end the longtime exemption for e-commerce — California visitors to Wal-Mart Stores' (WMT) website must pay $214 to buy a Philips Electronics (PHG) 22-inch LCD HDTV, one of the hottest-selling flat-panel televisions on the Web.
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Gizmodo