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Apple could buy the mobile phone industry — The second quarter ends in less than two weeks. When it does, I expect Apple will have over $70 billion in Cash, Cash Equivalents, Short-term marketable securities and long-term Marketable Securities. That figure has been growing predictably.
Discussion:
PhoneArena, Shiny Shiny, Redmond Pie, TiPb, AppleInsider, Daring Fireball, iPhone Download Blog, TG Daily, TUAW, SAI, The Next Web, Fortune, Electronista, SlashGear and MacDailyNews

LulzSec - 1000th tweet statement — Dear Internets, This is Lulz Security, better known as those evil bastards from twitter. We just hit 1000 tweets, and as such we thought it best to have a little chit-chat with our friends (and foes). For the past month and a bit …
Discussion:
Neowin.net, Examiner, @youranonnews, Ars Technica, ITProPortal, GamePro.com, Techland, Techie Buzz, OSNews, CBS News, Computerworld, PC Magazine, WebProNews, The Atlantic Wire, Disruptors, Betabeat and blog.chron.com
RELATED:


LulzSec: We Are NOT Attacking Anonymous
Discussion:
L.A. Times Tech Blog, TG Daily and Laughing Squid


Apple Releases New iPad 2 Ad, ‘Now’ — Apple just posted this new television ad for the iPad 2 on Apple's iPad page and YouTube channel. The ad illustrates life is different “now” that we have the iPad 2. The ad shows off the Wall Street Journal, Spin magazine, The King's Speech, FaceTime, iTunes U, the iBookstore, and Star Walk.
Discussion:
PadGadget, AppleInsider, @asymco, Electronista and TUAW


Facebook PR: Tonight We Dine In Hell! — There's currently something going on in the outskirts of the tech world that's a bit sensitive, so no one really likes to talk about it: we (journalists, bloggers, etc) are at war with the PR industry. — That sentence alone will throw the PR flacks into a tizzy.
Discussion:
Inside Mobile Apps, Electronista, @parislemon, @tolles, GigaOM, ITProPortal, parislemon and IndustryGamers, more at Mediagazer »


Fake Identities Were Used on Twitter in Effort to Get Information on Weiner — At least three months before the revelation that former Representative Anthony D. Weiner was sending lewd messages and photos to women online, a small group of self-described conservatives was monitoring his exchanges with women on Twitter.


Microsoft gets antitrust approval to buy Skype — (Reuters) - Microsoft has won U.S. antitrust approval to buy the Internet phone service Skype, the Federal Trade Commission said in a website posting on Friday. — Microsoft announced in May it was buying Skype for $8.5 billion …
Discussion:
All about Microsoft Blog, L.A. Times Tech Blog, TechCrunch, WinRumors, LiveSide.net, Neowin.net, WMPU, The Microsoft Blog, Engadget and The Loop


Web apps get the ultimate endorsement: Windows 8 — With the Internet's importance steadily gaining, it's not as if Web programmers needed an ego boost. But Microsoft has given them a major one anyway with a radical change coming in Windows 8. — The next-gen Windows will come …


iOS 5 supports speedy Nitro JavaScript for full-screen Web apps — With the release of iOS 5 for the iPhone and iPad this fall, Apple will bring the Nitro JavaScript engine to full-screen Web applications saved to a user's home screen. — Currently, full-screen Web applications fail to use …
Discussion:
TUAW, The Register, Ars Technica, TiPb, MacRumors, iClarified and CNET News


Vancouver Rioters Hunted On Facebook, Twitter and Tumblr — There's little anonymity left in rioting these days. Thanks to cameraphones and tagging, police will be able to identify some of the Vancouver hooligans who set fires, smashed storefronts and overturned cars in Stanley Cup related rioting.
Discussion:
Toronto Star, The Lede, ongoing, Mashable!, GigaOM, The Next Web and SFGate


Microsoft and ChevronWP7 team up for new Windows Phone 7 developer unlock tool … Microsoft and the ChevronWP7 unlock team are teaming up to produce a low-cost developer unlock tool. — The tool will make Windows Phone development more accessible and allow developers to avoid …
Discussion:
ChevronWP7, LiveSide.net, Geek.com, Redmond Pie, SocialTimes.com, WPCentral.com, WMPU, Windows Phone Secrets and MobileCrunch


Square to Investors: $1 Billion Valuation? That's So Last Week. Make It $2 Billion. — Square is still working on raising its $50 million-or-so next round of venture capital, and we've heard from several sources why it's taking so long. It seems Square is no longer content …
Discussion:
SAI


Falcone's LightSquared in Deal With Sprint — Billionaire Philip Falcone's LightSquared Inc. reached a 15-year deal with Sprint Nextel Corp. (S) to share network expansion costs and equipment, and to provide high-speed wireless service to the phone company.
Discussion:
PhoneArena, Engadget, PhoneNews.com, dailywireless.org, Light Reading, FierceWireless, GottaBeMobile, GigaOM, Phone Scoop, DSLreports, BGR and Electronista


Everything That's Wrong With Research In Motion — An Ex-Employee Tells All — Research In Motion's collapse can be traced straight to the top of the company, where its execs are woefully out of touch with consumers, says a former employee who wrote us last night.
Discussion:
@jeff, @gussent, The Business Insider, ITworld.com, PE Hub Blog, MobileCrunch, Electronista and MacDailyNews
RELATED:

RIM Co-CEOs Balsillie and Lazaridis Defend Corporate Structure
Discussion:
9 to 5 Mac, TechSpot, PhoneArena, AllThingsD, The Loop, Digital Trends, paidContent and Bloomberg

Time Warner Cable Considering Billing Web Customers by Usage, CEO Says — Time Warner Cable Inc. (TWC), the second- largest U.S. cable-television operator, is testing technology to measure consumption-based billing for broadband Internet use, said Chief Executive Officer Glenn Britt.
Discussion:
Adweek, Neowin.net, DSLreports, MediaPost and Company Town


New Malware Steals Your Bitcoin — In a sure sign that the virtual currency Bitcoin has hit the mainstream, a new Trojan horse program discovered in the wild Thursday seeks out and steals victims' Bitcoin wallets, the same way other malware goes for their banking passwords or credit card numbers.
Discussion:
The Register, ITProPortal, VentureBeat, F-Secure Antivirus …, Techdirt, Fast Company, Zero Day Blog, BetaNews, PC Magazine, Gawker and Gizmodo

a three-dimensional platform — Firefox now includes, on all desktop platforms, support for a technology known as WebGL. WebGL allows web developers to use accelerated 3D graphics, including textures and shaders; it exposes the same capabilities used by games like Doom 3 and (optionally) …
Discussion:
Softpedia News
RELATED:

Apple signs up for WebGL graphics in iAds
Discussion:
Electronista, MarketingVox News & Trends and BetaNews


AOL Hell: An AOL Content Slave Speaks Out — I got the job through a friend. The job was this: I would write about TV for a section of the AOL Television website. In theory, this sounded great. In exchange for writing about “The Simpsons” and other TV shows, I would be making $35,000 a year …


In a first, a Nook beats the Kindle in our e-book reader Ratings — The Barnes & Noble Nook Simple Touch Reader is more than merely a worthy competitor to the Kindle, as I wrote when I saw the e-book reader demonstrated late last month. Now that we've tested the device in our labs …
Discussion:
Softpedia News, SlashGear, CNN, TechFlash, Pulse2, Electronista, AllThingsD, Mashable!, msnbc.com, SAI, BGR and eWeek