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April 18, 2012, 2:40 PM
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Wall Street Journal:
In Facebook Deal for Instagram, Board Was All But Out of Picture  —  On the morning of Sunday, April 8, Facebook Inc.'s youthful chief executive, Mark Zuckerberg, alerted his board of directors that he intended to buy Instagram, the hot photo-sharing service.
Evelyn M. Rusli / DealBook:
With Instagram Deal, Facebook Shows Its Worth  —  To win over Instagram, Facebook was forced to show its hand.  —  In early April, Facebook bought the photo-sharing service for $1 billion, agreeing to pay roughly 30 percent in cash and 70 percent in stock, according to people briefed on the negotiations.
More: The Next Web, CNET and Business Insider.  Tweets: @pkafka
Dieter Bohn / The Verge:
Sources: current Windows Phone devices will not get ‘Apollo’ upgrade  —  Earlier today, a developer evangelist for Microsoft was quoted as saying that all Windows Phone devices would get an upgrade to the “next major version” of the operating system.  Now, a trusted source close to Microsoft tells us …
Sergey Brin / Google+:
I believe the internet has been one of the greatest forces for good in the world over the past quarter century.  So when the Guardian requested that I speak to them over the past few months about internet freedom, I decided it was important to participate.  —  I think the article is a pretty …
Tricia Duryee / AllThingsD:
Square's Next Round Could Swipe a $4 Billion Valuation  —  Square is seeking to raise a fresh round of capital at a massive valuation of up to $4 billion, according to multiple sources familiar with the situation.  —  If the company is successful, it will have quadrupled …
Walt Mossberg / AllThingsD:
Permission to Procrastinate: Wait to Get a New Laptop  —  If you're thinking of buying a new laptop this spring, my advice is to think again.  Unless your laptop is on its last legs and you have to move quickly, there are compelling reasons to wait until at least the summer, and probably the fall …
Brent Schlender / Fast Company:
The Lost Steve Jobs Tapes  —  A treasure trove of unearthed interviews, conducted by the writer who knew him best, reveals how Jobs's ultimate success at Apple can be traced directly to his so-called wilderness years.  —  If Steve Jobs's life were staged as an opera, it would be a tragedy in three acts.
Mark Sullivan / PC World:
3G and 4G Wireless Speed Showdown: Which Networks Are Fastest?  —  We tested 3G and 4G wireless data transfer speeds—indoors and out—for AT&T, Sprint, T-Mobile, and Verizon, at multiple locations in 13 major cities.  Here's what we found.  —  It's been a year since we looked closely …
Brandon Bailey / Mercury News:
Larry Page evasive with Oracle's lawyer, but admits Google never obtained Java license  —  SAN FRANCISCO — Google (GOOG) CEO Larry Page completed his testimony in federal court Wednesday morning after an hour of laborious grilling by an attorney for tech rival Oracle (ORCL) …
Biz Stone / Obvious:
Why Obvious Invested in Neighborland  —  We need only glance at the headlines—from Arab Spring to Occupy—to understand that people are passionate about connecting over issues.  We all have issues, big and small.  Toppling oppressive regimes and protesting corruption are appropriately top of mind.
Ben Kuchera / Penny Arcade Report:
The ugly side of Kickstarter: the risks in backing game dev campaigns are greater than you think  —  The Penny Arcade Report has an email address for story leads and tips, and a significant percentage of those “tips” are solicitations for coverage of indie game Kickstarter projects.
Ina Fried / AllThingsD:
Verizon Aims New Data Package at Global Travelers  —  Aiming to make international cellphone use slightly less excruciatingly expensive, Verizon Wireless announced a new $25 plan that gives users 100 megabytes of data when traveling; it will be available in 120 countries.
Leena Rao / TechCrunch:
Uber Experiments With Lower-Priced Taxis In Chicago Through Newly Launched Labs Group, ‘Garage’  —  Back when Uber launched in San Francisco, it was heralded as a service that would disrupt the taxi industry by providing black cars on-demand via mobile phones.
Robert McMillan / Wired:
Amazon's Secretive Cloud Carries 1 Percent of the Internet  —  An Amazon data center in Sterling, Virginia.  Photo: Eric Hunsaker/Flickr  —  Amazon's cloud computing infrastructure is growing so fast that it's silently becoming a core piece of the internet.
Erin Bury / BetaKit:
Coursera Launches Online Education Platform with $16 Million in Funding  —  Online educational marketplaces are on the rise, with tools like Udemy and Khan Academy allowing people of all ages to become an expert in any topic.  New company Coursera is targeting higher education …
Alexis Madrigal / The Atlantic Online:
The Jig Is Up: Time to Get Past Facebook and Invent a New Future  —  After five years pursuing the social-local-mobile dream, we need a fresh paradigm for technology startups.  —  We're there.  The future that visionaries imagined in the late 1990s of phones in our pockets and high-speed Internet in the air: Well, we're living in it.
Dan Primack / Fortune:
K9 Ventures digs for $40 million bone  —  “Super angel” Manu Kumar is raising a new fund.  —  K9 Ventures is seeking to raise around $40 million for its second investment fund, Fortune has learned.  —  The Palo Alto, Calif.-based firm was founded several years ago by serial entrepreneur Manu Kumar …
Elad Blog:
VC Signaling Coming Home To Roost  —  VC SIGNALING IS SCREWING UP THE ABILITY OF SOME COMPANIES TO RAISE A SERIES A … Dear Entrepreneur - remember that TechCrunch story you placed about your funding round that mentioned the VCs who invested in your seed round?
Colleen Taylor / TechCrunch:
Backed With $1.5M, CircleUp Aims To Be The AngelList For Consumer And Retail Startups  —  The funding environment for technology-focused startups these days is getting to be a bit ridiculous, so some tech industry folks may need to use their imaginations for a second to understand this concept.
Zach Epstein / BGR:
AT&T to launch HTC One X on May 6th for $199.99, pre-orders begin April 22nd [video]  —  AT&T announced on Wednesday that the HTC One X smartphone will launch on May 6th for $199.99 on contract.  Pre-orders will begin on April 22nd, in line with an earlier report from BGR.
Michael Gorman / Engadget:
Verizon selling 700MHz spectrum, but only if government approves its AWS purchase  —  Seems odd that Verizon would decide to sell off some of it's wireless spectrum considering it told the FCC that it doesn't have enough space for its future LTE needs.  Yet Big Red's doing just that …
More: CNET, PC World and BetaNews

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This is a Techmeme archive page. It shows how the site appeared at 2:40 PM ET, April 18, 2012.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Michael M. Grynbaum / New York Times:
Memo: CBS News President and CEO Wendy McMahon is stepping down from the network, saying “it's become clear the company and I do not agree on the path forward”

Andrew Webster / The Verge:
Netflix says Season 56 of Sesame Street will be available on Netflix “later this year”; Sesame Street had searched for a streamer since Max dropped it in 2024

New York Times:
Kara Swisher and Scott Galloway re-sign their Vox Media deal using a novel revenue-sharing contract with no guaranteed payments, potentially earning them ~$70M

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