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12:20 PM ET, November 11, 2011

Techmeme

 Top Items: 
Dieter Bohn / The Verge:
Logitech CEO: Google TV ‘cost us dearly,’ no Revue replacement coming  —  Yesterday, Logitech hosted an Analyst and Investor Day and during his remarks, CEO Guerrino De Luca pulled absolutely no punches in describing the “mistakes” the company made with its Logitech Revue Google TV set top box.
RELATED:
Tom Cheredar / VentureBeat:
Revue this: Logitech is done with Google TV after $100M loss  —  Hardware company Logitech's CEO Guerrino De Luca revealed that the company won't be producing new or refreshed Google TV set-top boxes in the future, reports The Verge.  —  In December 2010, Logitech debuted the Logitech Revue …
Discussion: Computerworld
Darren Murph / Engadget:
Apple's US online store begins selling unlocked, contract-free iPhone 4S: $649 and up  —  You can't expect to see one for “one to two weeks,” but those hellbent on holding out for an unlocked iPhone 4S here in the US of A can finally snag one without jetting off to Australia (among other places).
Wall Street Journal:
Facebook Nears Settlement on Charges It Misled Users on Privacy  —  Facebook Inc. is finalizing a proposed settlement with the Federal Trade Commission over charges that it engaged in deceptive behavior when changing its privacy settings, according to people familiar with the situation.
RELATED:
Laura Hazard Owen / paidContent:
Kindle Fire Will Have Hulu Plus App, Too  —  When Barnes & Noble (NYSE: BKS) announced the new Nook Tablet on Monday, it appeared to have an app-vantage over the Kindle Fire: Hulu Plus.  Now Amazon (NSDQ: AMZN) has announced that the Kindle Fire, too, will have Hulu Plus, and the ESPN (NYSE …
RELATED:
Stephen Schenck / pocketnow.com:
Amazon Updates Appstore in Anticipation of Kindle Fire Arrival
Discussion: Android Police and Engadget
Arnold Kim / MacRumors:
Sprint to Lock iPhone 4S SIMs Starting November 11th  —  Sprintfeed reports that Sprint will be SIM locking their iPhone 4S SIMs starting on November 11th. … The status of the Sprint iPhone 4S SIM slot has been the subject of some confusion.  One early report claimed that the Sprint iPhone 4S SIM slot would be ship unlocked.
Erica Ogg / GigaOM:
Nest and the Apple-ification of everything  —  The Nest burst onto the tech scene in the last few weeks, making waves unheard of for a product you'd never guess anyone would care about: the home thermostat.  But there's a reason the device sold out in 72 hours: the creator, Tony Fadell …
Discussion: TechCrunch
Rachel King / Between the Lines Blog:
PARC scientist recalls Jobs' famous Xerox visits (video)  —  Summary: Hear about Steve Jobs' trips to Xerox's Palo Alto Research Center, including the one where Jobs eyed the company's graphical user interface prototype — which ended up on Mac OS.  —  At a Churchill Club event in San Jose …
Discussion: 9to5Mac
Daniel Terdiman / CNET News:
Buy it now, for real: eBay to refer sales to nearby stores  —  A new feature in the RedLaser mobile app allows customers to buy items from local retailers before even going to the store.  —  SAN JOSE, Calif.—EBay knows that half of all Christmas shoppers miss its December 16 shipping deadline …
Discussion: Digital Trends and Gizmodo
Chris Chang / M.I.C. Gadget:
Thousands Line Up for Hong Kong iPhone 4S Launch (video)  —  Over three thousand people gathered outside the Hong Kong Apple store for the launch of the iPhone 4S in Hong Kong, but Apple will only allow 1,250 people to line up.  A scuffle nearly broke out, and police were called to keep everything under control.
Zack Whittaker / Between the Lines Blog:
Telefonica loses $600 million in Q3, first loss in 9 years  —  Summary: Spanish and Latin American mobile giant Telefonica reports its first quarterly loss in 9 years, after heavy layoffs hit the company harder than it previously expected.  —  European phone giant Telefonica reported …
Jeff Roberts / paidContent:
Can A Twitter Account Be A Company Trade Secret?  —  There has been an ongoing tug-of-war between journalists and publishers over who gets to keep digital possessions after a break-up.  The debate took a new twist this week after a court issued a ruling in the case of a tech reporter who walked …
Leena Rao / TechCrunch:
Forrester: U.S. Online Holiday Spending Will Grow 15 Percent To Nearly $60 Billion  —  After Q3 2011 brought a 13 percent increase in e-commerce sales, Forrester is estimating that U.S. online holiday sales will grow 15 percent this year to nearly $60 billion.
Discussion: VatorNews and AllThingsD
Erick Schonfeld / TechCrunch:
Gilt Gets A Makeover  —  Flash-sale site Gilt is rolling out a slightly new look over the next few days.  It features bigger pictures, better navigation to sister sites such as Gilt City, Gilt Taste, and Jetsetter, and new semi-permanent “Shops” where high-end brands can park their sales for longer than the typical 36-hour window.
Discussion: Social Commerce Today
Philip Elmer-DeWitt / Fortune:
Morgan Stanley: Apple's share of world's largest PC market — China — set to grow from 5% to 21%  —  Chinese consumers rate Macs as most desirable, although only 7% can afford one  —  Click to enlarge.  —  In August, according to IDC, China overtook the U.S. as the world's largest consumer of personal computers.
Jake Smith / 9to5Mac:
Users still seeing their battery life drain quickly after this morning's 5.0.1 update  —  Looking at the Apple support forums this afternoon, Apple's iOS 5.0.1 update that was released today isn't offering promised fixes of battery life (seen in the release notes) to everyone.
Todd Haselton / BGR:
Sony CEO: We're building ‘a different kind of TV set,’ just like Apple  —  All eyes have been on Apple to reinvent the television set, but Sony CEO Howard Stringer recently confirmed that Sony, too, is working on re-imagining the TV.  “There's a tremendous amount of R&D going into a different kind of TV set …
Wall Street Journal:
Citi to Sell EMI Units for $4.1 Billion  —  The protracted auction of EMI Group neared a conclusion Friday, with Citigroup Inc., owner of the storied British music company, selecting buyers for its publishing arm and recorded-music label—at a price that well exceeds many industry watchers' expectations.
Dan Frommer / SplatF:
How does Sony make money?  Life insurance!  —  Sony's consumer electronics business — led by TVs, videogames, and computers — still generates about half of the company's sales.  —  But Sony's profits these days come from what may seem like an unexpected source: Its financial services business …
Discussion: Guardian
Dan Primack / Fortune:
Exclusive: Mark Pincus memo to Zynga employees  —  Earlier today the Wall Street Journal suggested that social gaming giant Zynga had strong-armed employees into giving up previously-granted stock options.  I wrote a follow-up post, arguing that the WSJ made things sound much worse than they really were.
RELATED:
Dan Primack / Fortune:
Zynga's stock ‘scandal’
 
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 More Items: 
Business Insider:
CHART OF THE DAY: Amazingly, Ringtones Are Still A $2 Billion Business
Discussion: blog.chron.com, AllThingsD and Gizmodo
Bloomberg:
Groupon Stock Among Most-Expensive for Shorts to Bet Against
Josh Constine / TechCrunch:
1% Of Nothing Launches To Get Startups Donating Equity
Discussion: 1% of Nothing, Thanks:joshconstine
Bloomberg:
Twitter Marketing Executive Pam Kramer Said to Depart After Brief Stint
Luisa Beltran / PE Hub Blog:
Scoop: Elevation Partners Looks to Raise up to $1.9B for Growth Fund
 Earlier Items: 
Brian Ambrozy / Icrontic Gaming:
Steam user database compromised
Josh Constine / TechCrunch:
Pandora CTO Reveals Half of The U.S. Pays $0 For Music
Discussion: IntoMobile
Jessica E. Vascellaro / Wall Street Journal:
Tech Start-Ups Rethink Worth of Patents
Jason Kincaid / TechCrunch:
Google Acquires Katango, The Automatic Friend Sorter