Top Items:
Joseph Galante / Bloomberg:
Skype Fires Executives, Avoiding Payouts After Microsoft Buyout — Skype Technologies SA, the Internet- calling service being bought by Microsoft Corp., is firing senior executives before the deal closes, a move that reduces the value of their payout, according to three people familiar with the matter.
Discussion:
GeekWire, CNET News.com, GigaOM, @stevecheney, @danprimack, Neowin.net, Electronista, Associated Press and paidContent
Timothy B. Lee / Ars Technica:
Bitcoin prices plummet on hacked exchange — The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes. Trading was quickly suspended and visitors to the home page …
Discussion:
TechCrunch, DailyTech, VentureBeat, @sandofsky, @sethgoldin, @sanity, @kaepora, @howardlindzon, @kaepora, The Register, @i0n1c, @brucewagner, Neowin.net, Mt.Gox and @codebutler
RELATED:
Economist:
Bits and bob — Bitcoin has got geeks excited. What about economists? — from the print edition — MILTON FRIEDMAN famously called for the abolition of the Federal Reserve, which he thought ought to be replaced by an automated system that would increase the money supply at a predetermined rate and so keep a lid on inflation.
Miguel Helft / New York Times:
Tech Firms' Workers Sell Shares, Fearing a Bubble Will Burst — SAN FRANCISCO — While Silicon Valley and Wall Street debate whether a new technology bubble is in the making, some early Facebook employees are not taking any chances. They're leaving the company to cash out on millions …
Evelyn M. Rusli / DealBook:
Crashing the Party in Silicon Valley — When others were questioning whether Facebook was really worth $10 billion in February 2010, two Wall Street investors were quietly buying chunks of its shares at a $15 billion valuation. — The investors, Frank Mazzola and Emilio DiSanluciano …
Discussion:
Howard Lindzon, @howardlindzon, @stevecheney and @speechu
Mike Rosenberg / Mercury News:
So far only elation, not border war, from neighbors over Apple mega-campus — The humongous Apple (AAPL) mother ship campus will one day call Cupertino home, but it'll sit so close to Sunnyvale and Santa Clara that residents there will be able to look out their windows and catch a glimpse …
Discussion:
AppleInsider and Electronista
Edmund Lee / AdAge:
Display's New Kingpin: Facebook's No. 1 — Social Network's $2.19 Billion Puts It at Top of the Digital Heap, Leaping Google, Yahoo — but It's Still a Bit Player When Compared to TV — Facebook doesn't really have to try to become the biggest player in digital media; it simply is.
Discussion:
SAI
Mark Gurman / 9 to 5 Mac:
All new Mac Pros and upgraded Mac minis with Sandy Bridge and Thunderbolt in early August? — CNET's Brian Tong claims that Apple is gearing up to launch a revamped Mac Pro and an upgraded Mac mini in either late July or early August - more likely in August.
Discussion:
@brian_tong, MacRumors, MacStories, AppleInsider, I4U News, TUAW and Crave, Thanks:markgurman
Steven Musil / CNET News:
Google adds rainbow to search bar for gay pride month — There's a rainbow at the end of some Google searches. — To mark June as Gay and Lesbian Pride month, the search giant is adding a rainbow to the right side of the search bar when users search for “gay,” “lesbian,” “transgender,” or related terms.
Discussion:
On Top Magazine, @fashionoverload and @henderlicious
Josh Constine / Inside Facebook:
Facebook Users Want Professional Networking: BranchOut Nears a Million New Users Within a Week — After six months of testing different gamification and viral mechanics, professional social networking Facebook app BranchOut seems to have found the right design.
Ben Gilbert / Mumblings and other nonsense:
My experience (or lack thereof) with “The AOL Way” — Earlier this year, on the first day of February, an alleged internal document from my employer, AOL, leaked. As Business Insider reported at the time, this was supposedly AOL's “Master Plan” for content creation and management …
