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1:20 PM ET, July 20, 2011

Techmeme

 Top Items: 
Apple:
Apple Updates MacBook Air With Next Generation Processors, Thunderbolt I/O & Backlit Keyboard  —  Apple® today updated the MacBook Air® with next generation processors, high-speed Thunderbolt I/O technology, a backlit keyboard and Mac OS® X Lion, the world's most advanced operating system.
RELATED:
MG Siegler / TechCrunch:
The MacBook Is Dead.  Long Live The (New) MacBook Air.  —  “At this point, I'm thinking Apple should just replace the standard MacBook with the Air.”  —  Yes, I just quoted myself.  But I have a good reason.  I wrote that on October 21 of last year, after one day of playing with the just-released new MacBook Air.
Nilay Patel / This is my next:
Apple kills white MacBook, 11.6-inch Air is the new entry level Mac  —  Say goodbye to the plastic MacBook: it's no more.  The $999 11.6-inch MacBook Air is Apple's only entry-level machine now — and with the bump to a 1.6GHz Core i5 processor, it's probably just as capable as the old 2.4GHz Core 2 Duo MacBook.
Apple:
Mac OS X Lion Available Today From the Mac App Store  —  CUPERTINO, California—July 20, 2011—Apple® today announced that Mac OS® X Lion, the eighth major release of the world's most advanced operating system with more than 250 new features, is available today as a download from the Mac® App Store™ for $29.99.
RELATED:
Walter S. Mossberg / AllThingsD:
Apple's Lion Brings PCs Into Tablet Era  —  With its iPhones and iPads, Apple has led people toward a new way of operating digital devices that relies on direct manipulation of items with finger gestures, not a mouse and scroll bars.  App icons are arrayed front and center …
Alexia Tsotsis / TechCrunch:
Google+ Now The Top Free App In The Apple App Store  —  After less than 24 hours of being live, the Google+ iPhone app has hit the number one free spot in the Apple app store, beating out “Draw ‘n’ Go: Awesomeness!” for the top slot.  —  This is quite impressive considering that the app …
RELATED:
Kyung Lah / CNN:
Chairman: Google should have gone social earlier  —  Tokyo (CNN) — Looking back on his decade as Google's CEO, Eric Schmidt said the company should have focused more on connecting people — a hole that allowed the emergence of rival internet giant Facebook.
Discussion: SlashGear and The Next Web
Paul Allen / Google+:
Google+ Update: Membership May Pass 18 Million Mark Today  —  The viral growth of Google+ has slowed somewhat over the past few days, but my new-and-improved 1,000 surname model shows that more than 750,000 people joined the site on Monday, bringing the total user base to just under 18 million.
Apple:
Apple Updates Mac mini  —  Apple® today updated the Mac® mini with next generation Intel core processors, new discrete graphics, high-speed Thunderbolt I/O technology and Lion, the world's most advanced operating system.  The new Mac mini delivers up to twice the processor …
RELATED:
Matt Burns / TechCrunch:
Apple Updates The Mac Mini: Intel Sandy Bridge CPUs, Thunderbolt, And Even A OS X Lion Server Model
Discussion: CNET News, Gizmodo and The Next Web
Ross Miller / This is my next:
Apple 27-inch Thunderbolt Display now available: FaceTime HD camera, 2.1 speaker system, and $999 price tag  —  New Mac Minis?  MacBook Airs?  Apple knows what you're really wanting is an excuse to upgrade your almost-but-not-quite two-year-old Cinema Display — only now, it looks like Apple's opted for new naming convention.
RELATED:
Apple:
Apple Introduces World's First Thunderbolt Display
Discussion: Digital Trends and Gizmodo
Lee Youkyung / YONHAP NEWS:
Samsung to release Galaxy S2 in U.S. next month  —  Samsung Electronics Co. will release its flagship Galaxy S2 smartphone in the U.S. market next month, the chief of its mobile business division said Wednesday, a move that will likely pit the product against the forthcoming iPhone.
RELATED:
Kevin C. Tofel / GigaOM:   Who's on pace to sell 1M phones a day? (Hint: Not Apple)
Ryan Lawler / GigaOM:
Tango raises $42M, will fight Skype on the desktop  —  How hot is the mobile video chat market?  So hot that one of the leading technology companies in the space, Palo Alto, Calif.-based Tango, has raised $42 million aimed at rapidly growing its workforce to compete with startups like ooVoo and industry heavyweights like Skype.
Leena Rao / TechCrunch:
Zillow Soars 200 Percent In First Trade With Over $1 Billion Valuation  —  Shares of real estate listings site Zillow began trading on the NASDAQ under the symbol ‘Z’ today, opening at $60 per share.  This gives the company a whopping $1.6 billion valuation.
Apple:
Apple Reports Third Quarter Results  —  CUPERTINO, California—July 19, 2011—Apple® today announced financial results for its fiscal 2011 third quarter ended June 25, 2011.  The Company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share.
RELATED:
MG Siegler / TechCrunch:
The Key Subtle Notes From Apple's Earnings Call
Discussion: eWeek, msnbc.com, Fortune and Macworld
RELATED:
Darren Murph / Engadget:
Netflix to stream natively from HDMI-equipped tablets (updated)
Nathan Myhrvold / Bloomberg:
Myhrvold: Tech Giants Discover Value of Patents  —  Myhrvold: Tech Giants Discover Value of Patents  —  Patents rarely make headlines, but they did this month when Nortel Networks Corp., the defunct Canadian telecommunications giant, auctioned off its patent portfolio and drew …
Discussion: open and Paul Kedrosky's …
Larissa Fontaine / Google Book Search Blog:
Pottermore and Google team up to enable Harry Potter ebooks push to Google Books libraries  —  When JK Rowling's new website Pottermore opens its doors this Fall, we'll provide services to help fans make the most of their ebook purchasing experience.  Pottermore and Google are teaming …
Ina Fried / AllThingsD:
T-Mobile to Offer Lower Rate Plans to Those Who Bring Own Phone (Or Pay Full Price)  —  T-Mobile is rolling out a set of new “value” rate plans that cut the monthly costs for people that either have their own phone or are willing to pay full price in exchange for the lower service fees.
Peter Kafka / AllThingsD:
Amazon Pulls a Netflix, Adds (Old) CBS Shows  —  Amazon, which is trying to build up a digital video service that can rival the one Netflix has built, has added a bunch of TV shows from CBS — just like Netflix did earlier this year.  —  The deal is more or less a replica of the pact CBS …
Colleen Taylor / GigaOM:
VC funding for web reaches 10 year high  —  Venture capital investments continued to grow at a rapid clip in the second quarter of 2011, with VC firms investing $7.5 billion across 966 deals, according to the latest MoneyTree report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA.)
Mark Gurman / 9to5Mac:
China not only fakes iPhones... but Apple Stores, too!  —  China might be known as the home of the fake iPhone, but what about whole stores?  Surprising almost no one, China is indeed home to the fake Apple Store.  These pictures from BirdAbroad (via IFOAppleStore), show a fake Apple Store complete …
Phil Goldstein / FierceWireless:
Reports: Google interested in scooping up InterDigital  —  Google (NASDAQ:GOOG) is in talks with InterDigital about possibly purchasing the wireless technology and licensing firm, according to multiple reports, a day after InterDigital said it is exploring strategic options, including a possible sale.
Steve Lohr / New York Times:
U.S. to Close 800 Computer Data Centers  —  The federal government plans to shut 40 percent of its computer centers over the next four years to reduce its hefty technology budget and modernize the way it uses computers to manage data and provide services to citizens.
Discussion: Gizmodo
Michelle Nichols / Reuters:
Tech-savvy Taliban fights war in cyberspace  —  (Reuters) - The war in Afghanistan entered cyberspace on Wednesday when the tech-savvy Taliban said their phones, email and website had been hacked to spread a false report that the movement's spiritual leader, Mullah Omar, was dead.
Discussion: Digital Trends
 
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 More Items: 
Leena Rao / TechCrunch:
Facebook For Latinos Quepasa Buys myYearbook For $100 Million In Cash And Stock
Sarah McBride / Reuters:
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The Rise and Fall of the Cisco Empire
Paul Ford / New York Magazine:
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 Earlier Items: 
Audrey Watters / Hack Education:
The Wrath Against Khan: Why Some Educators Are Questioning Khan Academy
Seth Weintraub / 9to5Mac:
Adobe makes its first foray into the Mac App Store with Photoshop Elements
Joseph Volpe / Engadget:
Baidu Browser tips hat to old Steve Jobs quote, copies Chrome's special sauce
Dan Primack / Fortune:
Twitter's new plan: Commerce?