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12:20 PM ET, November 27, 2011

Techmeme

 Top Items: 
Benjamin Wallace / Wired:
The Rise and Fall of Bitcoin  —  In November 1, 2008, a man named Satoshi Nakamoto posted a research paper to an obscure cryptography listserv describing his design for a new digital currency that he called bitcoin.  None of the list's veterans had heard of him, and what little information could be gleaned was murky and contradictory.
Om Malik / GigaOM:
My 10 years of blogging: Reflections, Lessons & Some Stats Too  —  Ten years is a long time.  Sometimes it is so long that one forgets a lot more than one remembers — like the fact that it I have been blogging for a decade.  I would have totally forgotten about the amount of time that has passed …
Thanks:pkedrosky
Randall Stross / New York Times:
Digital Domain: Data Furnaces Could Bring Heat to Homes  —  TO satisfy our ever-growing need for computing power, many technology companies have moved their work to data centers with tens of thousands of power-gobbling servers.  Concentrated in one place, the servers produce enormous heat.
Michael S. Rosenwald / Washington Post:
Cloud centers bring high-tech flash but not many jobs to beaten-down towns  —  MAIDEN, N.C. — Here in this once-thriving town of furniture makers and textile mills, where Main Street businesses have vanished, nearby fast-food joints have closed and unemployment is rampant …
Discussion: Business Insider and Electronista
Steve Cheney / TechCrunch:
How to Make Your Startup Go Viral The Pinterest Way  —  On Thanksgiving, Pinterest's co-founder Ben Silbermann sent an email to his entire user base saying thanks.  It was fitting, as Pinterest was born two years ago on Thanksgiving day 2009.  Ben had been working on a website with a few friends …
Maria Popova / Brain Pickings:
Steve Jobs and NeXT: Rare PBS Documentary circa 1986  —  A startup sentiment sandwich from the master chef, or why “reality distortion” helps sales but hurts design.  —  In 1985, shortly after being fired from Apple, Steve Jobs founded NeXT, the somewhat short-lived but revolutionary company focused …
Sharif Sakr / Engadget:
Researchers put smartphones on a power diet, drastically improve battery life  —  Nokia's Asha handsets already use browser compression to reduce data costs and power consumption for customers in the developing world, but the company's Finnish neighbours over at Aalto University have taken a totally different approach.
Azi Ronen / Broadband Traffic Management:
Rumors: Akamai to Buy Cotendo for $300M  —  Asaf Gilad reports to Calcalist that 4 years old CDN startup Cotendo is about to be sold to Akamai, for $300M.No comment was received from Cotendo, and Akamai provided the expected response from a public company - “our policy is not to respond to rumors”.
Discussion: TechCrunch, Globes Online and Reuters
Leena Rao / TechCrunch:
IBM: Black Friday Online Retail Spending Up 24.3 Percent  —  Thanksgiving brought record online retail sales for the holiday, with spending up 39.3 percent over Thanksgiving 2010.  And today, IBM Coremetrics data shows a 24.3 percent growth in online sales on Black Friday compared to the same period last year.
RELATED:
Stephanie Clifford / New York Times:
Friday's Deals May Not Be the Best
Discussion: DailyFinance.com
Sharif Sakr / Engadget:
Is Samsung giving up on netbooks next year?  —  An email sent by Samsung to its trading partners appears to shut down any prospect of the manufacturer producing new netbooks after the first quarter of 2012.  The email is quoted by French site Blogeee and says that Samsung will switch its focus …
Kellex / Droid Life:
DROID 4 vs. DROID RAZR - The Evolution of DROID, Specs, and Official Pictures  —  The DROID 4 has come from out of no where to having us within just a couple of weeks away from launch.  The current target date that we have seen from Verizon is December 8, the same day that we could potentially …
Alexia Tsotsis / TechCrunch:
‘Twine’ Foreshadows A Future Where All Objects Talk To The Internet  —  Want to be notified to turn on the AC when a room reaches a certain temperature?  Or when your laundry's done?  Well MIT Media Lab alumni Supermechanical have built Twine, a sleek 2.5″ rubber square which connects …
Discussion: Daily Patricia and The Verge
 
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 More Items: 
Reuters:
Philippines say arrested hackers funded by Saudi group
Ellen Nakashima / Washington Post:
Water-pump failure in Illinois wasn't cyberattack after all
Tarmo Virki / Reuters:
Apple ahead in mobile loyalty: Gfk research firm
Devin Coldewey / TechCrunch:
Chrome Getting Native Gamepad, Webcam, And WebRTC Support In Early 2012
 Earlier Items: 
Ryan Kim / GigaOM:
AppMobi open-sources its mobile HTML5 technology
Jason Cartwright / techAU:
Microsoft Tellme is NOT the same as Siri [video]
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

 
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