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4:40 PM ET, November 4, 2011

Techmeme

 Top Items: 
Alexia Tsotsis / TechCrunch:
Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap  —  After some timing drama, daily deal site Groupon finally has begun trading on the NASDAQ this morning, in the most hotly anticipated and largest Internet company IPO since Google.
RELATED:
Henry Blodget / Business Insider:
GROUPON (GRPN): Is Groupon Stock Overvalued?  —  And, it's off!  —  Groupon priced its IPO last night at $20 a share and started trading this morning around $30.  —  So, it's already been a hell of a ride.  —  Right now, the big institutional investors who got the stock at $20 and swore …
Discussion: paidContent and GigaOM Pro
Mathew Ingram / GigaOM:
All the Groupon IPO really proves is that the bubble is back  —  After a wave of reports that Groupon would have to drop the price on its initial public offering or even cancel it altogether because of skepticism about the company and its business model, the pendulum of optimism swung back again …
Business Week:
Apple's Supply-Chain Secret?  Hoard Lasers  —  The iPhone maker spends lavishly on all stages of the manufacturing process, giving it a huge operations advantage  —  About five years ago, Apple design guru Jony Ive decided he wanted a new feature for the next MacBook …
John Paczkowski / AllThingsD:
Apple Headed for 60 Percent of Handset Industry Operating Profits  —  With the iPhone, Apple is doing to the smartphone business what it has done to the PC business with the Mac: Generating a disproportionate share of profits relative to revenue.  —  In its third quarter …
RELATED:
Zach Epstein / BGR:
iPhone 4S now No.1 smartphone at top-3 U.S. carriers, iPhone 4 still hot  —  Apple looks to be following up its surprising miss in the September quarter with a huge holiday quarter for its popular iPhone line.  According to Canaccord Genuity's checks, Apple's iPhone 4S was the best-selling smartphone …
Discussion: 9to5Mac
Phil Goldstein / FierceWireless:
U.S. Cellular: We said no to Apple's iPhone  —  U.S. Cellular turned down Apple's (NASDAQ:AAPL) iPhone because it did not make sense for the company economically, CEO Mary Dillon said on the company's third-quarter earnings conference call.  —  Dillon said that the carrier had the opportunity …
Florian Mueller / FOSS Patents:
European Commission investigating Samsung over possible abuse of FRAND patents against Apple  —  Samsung's various attempts to shut down Apple products — most recently the iPhone 4S — with patents declared essential to the 3G industry standard have now given rise to an antitrust investigation by Europe's top competition “watchdog”.
RELATED:
Jonny Evans / Computerworld:   Clarification: Samsung, not Apple, subject to EU probe
Peter Burrows / Bloomberg:
Apple's First Freebie IPhone Pits Once-Premium Brand Against Bargain Fare  —  Apple Inc. (AAPL)'s iPhone 3GS model is more than two years old and shunned by gadget snobs, and yet it's turning into one of the company's bigger weapons against devices running Google Inc. (GOOG)'s Android software this holiday season.
Peter Kafka / AllThingsD:
Wait a Minute.  Does Google Really Want to Be a Cable Guy?  —  Google, which is launching a broadband service in Kansas City, has been thinking about adding cable TV to its offering there, the Wall Street Journal reports.  The search giant has been talking to the likes of Time Warner …
Discussion: PC World, Ars Technica and FierceIPTV
RELATED:
Wall Street Journal:
Google Ponders Pay-TV Business
Kimberly Dozier / Associated Press:
AP Exclusive: CIA following Twitter, Facebook  —  McLEAN, Virginia (AP) — In an anonymous industrial park in Virginia, in an unassuming brick building, the CIA is following tweets — up to 5 million a day.  —  At the agency's Open Source Center, a team known affectionately as the …
Kevin C. Tofel / GigaOM:
Here's the secret to Amazon's, B&N's tablet strategy  —  Barnes & Noble is holding a press event on Nov. 7, where it's expected to launch a successor to its popular Nook Color.  Details and specifications of the new Nook Tablet have already leaked to the web: The 7-inch slate gains performance …
RELATED:
Phil Nickinson / Android Central:
Nook Color dropping to $199; new software update brings Hulu Plus, music
Eric Slivka / MacRumors:
Apple's New Fifth Avenue Store Cube Fully Revealed [Update: Video]  —  While Apple's Fifth Avenue retail store in Manhattan is not set to reopen until 10:00 AM this morning, crews have completed their work on the revamped glass cube, fully revealing the streamlined design for the first time.
Kara Swisher / AllThingsD:
Yahoo's Activist Shareholder Loeb Now Targeting Jerry Yang and Wants Him Off the Board  —  Third Point's Daniel Loeb — the smack-tastic hedge fund manager who has bought up a 5.1 percent stake in the Silicon Valley Internet giant and has been hitting some of Yahoo's board upside the head …
Discussion: Tech Trader Daily
RELATED:
DigiTimes:
Amazon next-generation Kindle Fire likely to have 8.9-inch display  —  Amazon is likely to change its product roadmap by shifting the display size of its next-generation Kindle Fire to 8.9-inch instead of 10.1-inch as originally planned, according to sources in Amazon's supply chain.
Ryan Lawler / GigaOM:
CBS turned down an ad-based Apple TV deal  —  CBS CEO Les Moonves is known to occasionally drop pieces of information that he's not supposed to on his company's earnings calls, and this quarter was no exception.  When asked about CBS's appetite for striking deals with new streaming providers …
Elad Blog:
Why Fewer Companies Are Successfully Raising Series A Rounds  —  One big shift in the startup scene over the last 18 months is the sheer volume of startups getting started and seed funded.  If we use Y-Combinator as a proxy for the broader ecosystem (which is probably directionally correct …
Alison Flood / Guardian:
Has China found the future of publishing?  —  Self-publishing websites, where readers pay small premiums for popular authors' latest instalments, has been a spectacular success in China.  Could it work here?  —  Self-publishing: it's exploding in popularity, we all know that …
Nick Bilton / Bits:
Thailand Floods Could Affect Cloud Computing  —  Thailand is under water, and as a result, some Internet companies could be facing problems.  —  Flooding in the country has now shuttered more than 1,000 factories — some of which make computer hard drives.
Ingrid Lunden / paidContent:
BPI Asks BT To Block BitTorrent Site Pirate Bay, Or It's Court Time  —  A new twist today in the battle of media companies trying to stop their content from being distributed by illegal means online: the UK's main music trade body, the BPI, has today teamed up others in the creative industries to request BT …
Jordan Crook / TechCrunch:
Hands-On With The Samsung Focus S For AT&T  —  If the Samsung Focus Flash had you even remotely excited, then the Focus S is sure to leave you thrilled.  With almost all the same specs as baby brother, the Focus S brings a slightly larger screen and more powerful camera to an already snappy little phone.
Jason Kincaid / TechCrunch:
Ustream CEO John Ham Steps Down To Work On New Startup  —  John Ham, cofounder and longtime CEO of live streaming video service Ustream, is stepping down from the company he helped start four and a half years ago.  Ham will be replaced by cofounder Brad Hunstable, who will serve as interim CEO …
Discussion: Business Insider
 
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 More Items: 
Sinead Carew / Reuters:
Sprint says may use debt to fund Clearwire
Discussion: The Verge, GigaOM, Bloomberg and BGR, Thanks:alexdumitru
Alex Chitu / Google Operating System:
Google's Location-Based Social Annotations
John Cook / GeekWire:
My five favorite pitches from the TechStars Seattle Demo Day
Discussion: LAUNCH, Tech Cocktail and TechFlash
 Earlier Items: 
Ina Fried / AllThingsD:
Sprint CEO Hesse: “We Stand for Simplicity and Value”
Janko Roettgers / GigaOM:
Exclusive: majority of YouTube views from non-English audience
Farhad Manjoo / Slate:
It's Not Just for Baby Photos Anymore
Discussion: Gawker
Nick Bradbury:
The Long-Term Failure of Web APIs
Thanks:dsilverman
Dana Vachon / Vanity Fair:
The Code of the Winklevii  —  Remember the Winklevoss twins?
Discussion: Gawker
 

 
From Mediagazer:

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

Anja Karadeglija / The Canadian Press:
Meta clashes with Canada's CRTC over the Online News Act by declining to publicly release information about its measures to block news content on its platforms
 
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