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7:30 PM ET, June 29, 2011

Techmeme

 Top Items: 
Kara Swisher / AllThingsD:
Exclusive: Myspace to Be Sold to Specific Media for $35 Million  —  Closing another chapter on one of the Internet's most iconic properties, Myspace has been sold to to Specific Media, an advertising network, for $35 million.  —  Sources close to the situation said the deal is being completed today …
RELATED:
Alexia Tsotsis / TechCrunch:
MySpace Acquired: Email From CEO Mike Jones To Employees  —  Myspace CEO Mike Jones just sent out this mass internal email and press release confirming the company's sale to Specific Media earlier this morning.  Kara Swisher is reporting that the sale was for $35 million.
Discussion: Neowin.net, Geekosystem and Techie Buzz
Alexia Tsotsis / TechCrunch:
He's Bringing Myspace Back: Justin Timberlake Takes A Stake  —  You know what isn't cool?  $35 million isn't cool ... So in a move that makes truth stranger than fiction, Justin Timberlake, who played Facebook president Sean Parker in a movie called The Social Network, has taken an ownership stake …
Lee Brenner / hypervocal:
Was MySpace Downfall Inevitable? Plenty of Blame to Go Around
Bloomberg:
HP Is In Talks to License WebOS Software  —  Hewlett-Packard Co. (HPQ), the world's largest maker of personal computers, is in talks to license its webOS mobile software, Chief Executive Officer Leo Apotheker said in an interview.  —  “We are talking to a number of companies,” …
Florian Mueller / FOSS Patents:
Samsung files ITC complaint against Apple:long-time partners heading for ugly divorce?  —  The ITC website shows that yesterday Samsung filed complaint no. 337-2824 concerning the following types of products: Mobile Electronic Devices, Including Wireless Communication Devices …
Mark Gurman / 9 to 5 Mac:
New MacBook Airs with OS X Lion, Thunderbolt and Sandy Bridge in mid-July  —  Apple's new MacBook Air line has been expected for weeks now, with evidence supporting a refresh coming by way of constraints at global retailers and most recently at major Apple reseller BestBuy.com.
RELATED:
Neil Hughes / AppleInsider:
Supply of Apple's white MacBook severely constrained ahead of Lion debut  —  Availability of Apple's current $999 white MacBook, built with hardware that is now getting long in the tooth, has become constrained, potentially signaling a forthcoming update to the entry-level notebook.
Gina Trapani / Smarterware:
What Google+ Learned from Buzz and Wave  —  After a half day of using Google+ with the limited number of people I know in the field test so far, I like it a lot.  I will love Google+ when and if all my friends show up and stick around.  —  I've been been watching Google flail around social web apps …
RELATED:
MG Siegler / TechCrunch:
While We Await The Native App, The Google+ iPhone Mobile Web App Is Pretty Solid
Nick Bilton / Bits:
More Secrecy in Silicon Valley  —  Last week I took a trip to Silicon Valley, zigzagging around to meet with start-ups, venture capitalists and the big technology companies that inhabit the area.  My goal with these meetings was to get a glimpse of new themes and services consumers can expect to see soon.
Discussion: Digits
Rob Beschizza / Boing Boing:
Amazon: associates program in California to be terminated  —  Amazon announced today that its Associates program is to be terminated in California, in response to a new sales tax bill there.  The move appears to be pre-emptive hardball to try and avert the bill being signed into law.
Abdur Chowdhury / Twitter Blog:
Global pulse  —  During major events, people use Twitter to share news and thoughts with friends, family and followers around the world.  Messages originating in one place are quickly spread across the globe through Retweets, @replies and Direct Messages.  We see this behavior during everything …
James Galbraith / Macworld:
Thunderbolt RAID dramatically faster than FireWire 800  —  A first lab test of the Promise Pegasus R6  —  The wait for Thunderbolt-ready peripherals is over.  Four months after the debut of Thunderbolt in Apple's revamped MacBook Pro lineup, storage devices that support Intel's new interconnect technology have finally arrived.
Walter S. Mossberg / AllThingsD:
TouchPad Needs More Apps, Reboot To Rival iPad  —  A small army of multitouch tablet computers has been launched this year to take on Apple's iPad, which has managed to sell 25 million units and attract 90,000 tablet-specific apps in just about 15 months, and is already in its second generation, the iPad 2.
Discussion: Engadget, BGR and Wired
Zach Epstein / BGR:
Apple iPhone 3GS to be free on contract following iPhone 5 launch, analyst says  —  Apple is set to finally hit the $0 on-contract mark with its entry-level iPhone 3GS once it launches the next-generation iPhone 5 later this year.  In a note to investors on Wednesday, RBC Capital Markets …
Ben Horowitz / ben's blog:
Why the Browser Matters … Before my partner Marc Andreessen and his friends at the University of Illinois invented the browser in 1993, most people thought only scientists and researchers would use the Internet.  The Internet was thought to be too arcane, insecure and slow to meet real business needs.
Alexis Madrigal / The Atlantic Online:
Biz Stone Isn't So Sure About Twitter's Cozy Relationship With the State Department  —  ASPEN — Twitter has played a celebrated role in the uprisings across the Middle East and North Africa this year that have come to be known as “the Arab spring.”  The social network has been one of activists …
Discussion: FT Tech Hub and ITworld.com
John Biggs / Gadgetwise:
A Cheaper Way to Navigate Abroad, No Costly Data-Roaming Required  —  A few years ago I took a trip to Europe and brought along my new iPhone for a bit of sightseeing.  With international roaming charges so high I reduced my e-mail and Web browsing to a mere trickle, thinking I'd save a bit of money.
Gavin Clarke / The Register:
Microsoft hires Disney man for consumer crusade  —  Corporate mission: to be less stodgy  —  Microsoft has raided the Walt Disney Corporation to fill a position tasked with flogging Windows 8 to consumers buying PCs and tablets next year.  —  The company appointed former Disney director …
Discussion: Electronista, Neowin.net and WinRumors
Marc Andreessen / ben's blog:
Meet Our New Special Advisor, Larry Summers  —  This is a guest post by Marc Andreessen, co-founder and General Partner of Andreessen Horowitz  —  Today I'm delighted to announce that economist and former US Treasury Secretary Larry Summers is joining our team as a part-time Special Advisor.
Leena Rao / TechCrunch:
Accel Puts $34 Million In Online Payments Platform Braintree  —  It's no secret that Accel is making major investments in the online payments space, funding both Wonga and e-payments company Yapstone.  And today the venture firm is announcing a $34 million Series A investment in Chicago-based online payments company Braintree.
David / Signal vs. Noise:
Wizards of bulls**t: How Forbes turned $6.5 million into $20 billion  —  Forbes is reporting that Facebook's Zuckerberg is now richer than the Google's Sergey and Larry.  How did that happen?  By using the most naive form of financial extrapolation and calling it fact.
Discussion: Redmond Pie and The Seattle Times
Sam Biddle / Gizmodo:
AntiSec Slams Arizona Cops (Again) with Super Personal Data Spill  —  Looks like last week's “Chinga La Migra” strike against the Arizona Border Police was only part one—the sequel's landed today, and this time it's personal.  Like, really personal: Anonymous is claiming social security numbers, girlfriend pics, and more.
Dan Frommer / The Business Insider:
Square Raises $100 Million Round At $1+ Billion Valuation, Led By Kleiner Perkins  —  Square, the mobile payments company led by Twitter founder Jack Dorsey, is raising $100 million in new financing, led by big-time VC firm Kleiner Perkins, the WSJ reports.  —  The round values Square …
Terril Yue Jones / Reuters:
Hewlett-Packard to develop cloud products in China: CEO  —  (Reuters) - Hewlett-Packard Co, the world's No.1 PC maker, plans to develop cloud computing products in China, Chief Executive Leo Apotheker said on Wednesday.  —  Apotheker also said at a news conference in Beijing that a dispute with Oracle Corp …
Michael Arrington / TechCrunch:
Animoto In It To Win It, Takes $25 Million In Third Venture Round  —  Well, apparently Animoto is going for it.  This jewel of a startup, which lets people easily create professional-looking videos from audio and video clips and pictures, has raised a third round of funding - $25 million in a round led by Spectrum Equity Investors.
Todd Bishop / GeekWire:
AmazonFresh app debuts on Microsoft's Windows Phone  —  AmazonFresh, the online retailer's grocery delivery service, released a mobile app today, developed on its behalf by digital agency Metia/Seattle.  Nope, it's not for Android, or even iPhone, neither of which has a full-fledged AmazonFresh app yet.
 
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 More Items: 
Pete Williams / msnbc.com:
NBC News: Hacker attack cripples al-Qaida web communications
Discussion: CNET News
Kim-Mai Cutler / Inside Mobile Apps:
South Korea's Gamevil Launches $10 Million Fund to Find Game Developer Partners
Discussion: VentureBeat
Cliff Edwards / Bloomberg:
Sony Cooperating With U.S. Antitrust Probe of Battery Business
Discussion: Inquirer, Engadget and CNET News
Leena Rao / TechCrunch:
Zynga To Provide Customized Mobile Games And Content To AT&T Customers
Brian Oliver Bennett / LAPTOP Magazine:
Hands On with HTC Status for AT&T: Facebook Button for Easy Updates
Stephen Shankland / CNET News:
Watchdog: Facebook Credits violate antitrust law
Discussion: All Facebook and SocialTimes.com
 Earlier Items: 
Arik Hesseldahl / AllThingsD:
Oracle Wants $2.6 Billion From Google in Patent Case
Discussion: Tech Trader Daily and The Register
Douglas MacMillan / Bloomberg:
Groupon Cedes Share of Daily Deals to LivingSocial, Yipit Says
Discussion: PC Magazine, MediaPost and VentureBeat
Mark Gurman / 9 to 5 Mac:
Apple officially responds to Final Cut Pro X complaints with new FAQ website, next ‘major release’ coming with fixes