Techmeme
February 2, 2012, 2:10 PM

Top News

New York Times:
From Founders to Decorators, Facebook Riches  —  David Choe was paid in Facebook stock for paintings at the company's first headquarters.  His payout may be $200 million when it goes public.  Some investors may make billions of dollars.  —  SAN FRANCISCO — The graffiti artist …
Jim Romenesko:
The graffiti artist who is about to become a Facebook millionaire  —  A front page story in today's New York Times mentions that graffiti artist David Choe took Facebook stock instead of cash for painting the walls of Facebook's first headquarters and that his shares are expected to be worth …
U.S. Securities and Exchange Commission:
Form S-1 REGISTRATION STATEMENT — Facebook, Inc.  —  Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.  If any of the securities being registered on this Form are to be offered on a delayed …
Bill Gurley / abovethecrowd.com:
Why Facebook Clearly Belongs In The 10X Revenue Club  —  Attached are my quick thoughts on the Facebook S-1 along with some quick stabs at valuation.  As a quick disclosure, Benchmark Capital has a minority position in Facebook as a result of the acquisition of FriendFeed, a company that was incubated in our offices.
Tim Carmody / Epicenter:
Facebook's ‘Letter from Zuckerberg’: The Annotated Version  —  Facebook's Form S-1 Registration Statement with the Security and Exchange Commission includes details on the IPO itself and the company's financial condition as well as a letter from founder and CEO Mark Zuckerberg to current and potential shareholders - aka the whole world.
Douglas MacMillan / Bloomberg:
Zuckerberg Controlling 57% of Facebook Seen as Risk to Investors  —  Mark Zuckerberg's majority control puts too much power in the hands of one person and may deter potential IPO investors, corporate-governance experts say  —  (Bloomberg) — Mark Zuckerberg's majority control over Facebook Inc. puts …
Joseph Menn / Reuters:
Key Internet operator VeriSign hit by hackers  —  (Reuters) - VeriSign Inc, the company in charge of delivering people safely to more than half the world's websites, has been hacked repeatedly by outsiders who stole undisclosed information from the leading Internet infrastructure company.
Ernesto / TorrentFreak:
Feds Seize Sports Streaming Domains in New Super Bowl Crackdown  —  US authorities began another round of domain name seizures a few hours ago, targeting several sports streaming sites.  —  Thus far, neither the Department of Justice nor Homeland Security's ICE unit have officially commented …
More: PC World, eWeek and TG Daily
Dieter Bohn / The Verge:
Sony posts $2 billion net loss for Q3 FY2011 results, forecasts $2.9 billion loss for full year  —  Sony has just posted its results for the third quarter of its 2011 fiscal year and as expected, the news is not great.  Sony posted an operating loss of $1.2 billion and net loss of $2 billion on revenue of $23.37 billion.
Chris Ziegler / The Verge:
Peek offers remaining hardware to hackers: ‘maybe somebody can build something great’  —  Just because the Peek service has been killed off doesn't mean the devices themselves need to be crushed and swept off into a landfill somewhere.  CEO Amol Sarva just dropped us a note to say that he's got …
More: CNET
ChangeWave Research:
ChangeWave Survey Shows Momentum for Amazon Going Forward  —  BETHESDA, MD - Despite investor disappointment at a surprising fourth quarter sales miss, a January consumer survey shows Amazon.com riding a wave of momentum in the new year, according to ChangeWave Research, a service of 451 Research.
Brent Csutoras / Search Engine Land:
StumbleUpon Kills Direct Links, iFrames Everything  —  StumbleUpon, who happens to be one of the more popular and successful social media sites with over 20 million users (doubling from 10 million in about a year and a half), recently launched one of the biggest redesigns I can remember …
Alex Leo / MediaFile:
Introducing Reuters Social Pulse  —  Today we launched Social Pulse, our new social media hub on Reuters.com designed to show you the most talked-about news, companies and influencers across the Web.  —  The first thing you'll see on the page is the news most popular in Reuters social network.
John Cook / GeekWire:
Exclusive: Amazon.com buys TeachStreet  —  TeachStreet founder Dave Schappell traveled from coast-to-coast over the past 12 months entertaining offers for his Seattle-based startup.  But, at the end of the day, he found the best fit right in his own backyard.
More: ZDNet and TeachStreet BlogThanks:@toddbishop
Matt Brian / The Next Web:
Apple grabs another gaming executive with appointment of Xbox Live marketing chief  —  Apple has named former Microsoft Product Marketing chief Robin Burrowes as the head of App Store Marketing for iTunes Europe, becoming the latest games executive to join Apple's ranks.
Matt Brian / The Next Web:
HTC acknowledges some of its Android devices may leak Wi-Fi passwords  —  HTC has acknowledged a flaw in the way that some of its handsets handle specific Android requests may expose the security credentials on Wi-Fi networks they are connected to.  —  Researchers Chris Hessing and Bret Jordan found …
Eric Slivka / MacRumors:
Apple Passes LG to Become World's Third Largest Mobile Phone Manufacturer  —  Research firm IDC today released its estimates of global mobile phone sales for the fourth quarter of and full-year 2011, finding Apple moving past LG to claim third place in the rankings for the first time.
Sarah Perez / TechCrunch:
Glassdoor Launches “Inside Connections,” A Facebook-Based Job Hunting Tool  —  The jobs and career community site Glassdoor is hoping to ride on the coattails of the Facebook IPO hotness with this evening's launch of a new Facebook-based product called “Inside Connections.”
More: WebProNews
Lauren Goode / AllThingsD:
Avid Brings Its “Pro-sumer” Video Editing App to iPad  —  Avid, maker of high-end digital video and audio production tools, is bringing its “pro-sumer” video editing software to the iPad.  —  The app is available starting Thursday as part of the Avid Studio suite.
Jon Russell / The Next Web:
South Korean man faces jail for retweeting North Korean Twitter messages  —  A 24 year old man is facing up to seven years in jail in South Korea after he retweeted messages on Twitter that were sent by neighbouring North Korea's government.  —  According to a report from the AFP …
Jordan Crook / TechCrunch:
Android Can No Longer Be Ignored, And The Crunchies Prove It  —  While sitting at the Crunchies last night something became quite apparent: almost all the big guys — even the ones who were stubborn about it — are currently available on Android.  —  And what do you know?  They won at the Crunchies!

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