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CircleID:
New Top-Level Domains Approved by ICANN — The Board of ICANN today gave final approval to the most dramatic change to the Internet in four decades — allowing the expansion of new Top-Level Domains (TLDs). This monumental decision will allow companies and organizations to turn their own brands …
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Stephen Shankland / CNET News.com:
New Net addresses mean new trademark issues — ICANN announced new generic top-level domains (GTLDs) at a news conference in Singapore. From left to right are outgoing Chairman Peter Dengate Thrush, Chief Executive Rod Beckstrom, and Senior Vice President of Services Kurt Pritz, who led the GTLD effort.
Discussion:
Guardian, Digital Media, PC World, Inquirer, Gizmodo, Softpedia News, Pocket-lint, Tnooz, memeburn and Neowin.net
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:
The Register, PC World, Disruptors, GeekWire, PhoneArena, @stevecheney, GigaOM, @danprimack, Neowin.net, CNET News.com, Electronista, Associated Press and paidContent
Om Malik / GigaOM:
Revealed: Facebook's music plans involve Spotify, others — For the past few months, I have been hearing about Facebook and Spotify getting a lot closer as companies, with a much tighter integration between the two services. However, Facebook's musical ambitions go beyond Spotify and include other music services and applications.
Discussion:
Shiny Shiny and The Next Web
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, The Register, Softpedia News, It's All Trivial …, DailyTech, Techie Buzz, @sandofsky, @sethgoldin, @sanity, @kaepora, @kaepora, @i0n1c, @brucewagner, VentureBeat, Neowin.net, @codebutler, @howardlindzon and Mt.Gox
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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 …
Verne G. Kopytoff / New York Times:
Japanese ‘K’ Computer Is Ranked Most Powerful — SAN FRANCISCO — In the rankings of the world's most powerful supercomputers, a Japanese machine has earned the top spot with a performance that essentially laps the competition. — The computer, known as “K Computer,” …
Discussion:
CNET News.com, TechEye, Computerworld, Penn Olson and insideHPC
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.
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
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 and Softpedia News, more at Mediagazer »
Philip Elmer-DeWitt / Fortune:
The 3 most undervalued tech stocks: Google, Apple, IBM — By the same “PEG” measure, the 3 most overvalued are Amazon, Cisco and Netflix — Click to enlarge. Date: NASDAQ. Chart: PED — Here's a simple exercise suggested by one of my readers. — Take a stock you're interested …
