How Yahoo Killed Flickr And Lost The Internet 
Facebook Buys Instagram For $US1b [Updated] 
It's Time For Apple To Stop Patent Trolling 
The Slow, Painful Decline Of Sony: A Tale Told In Three Microcosms 
Did Steve Jobs Leave A Special Four-Year Plan For Apple? 
Google's Biggest Acquisitions So Far, And What They Became 
Web startups are made out of two things: people and code. The people make the code, and the code makes the people rich. Code is like a poem; it has to follow certain structural requirements, and yet out of that structure can come art. But code is art that does something. It is the assembly of something brand new from nothing but an idea.
According to that movie from 2010, Justin Timberlake persuaded Mark Zuckerberg to screw his friend (and Facebook cofounder) Eduardo Saverin out of the company. Here’s the cutthroat email fact behind the movie fiction.
Facebook has announced that it will be selling an extra 50.6 million shares, at a price likely to fall between $US34 and $US38 per share, reports TechCrunch. That should snag them at least another $US13.1 billion — and probably push their final valuation north of the expected $US100 million.
When Facebook stocks begin trading on the market — most likely this Friday — Wall Street hotshots and ordinary folks will be clamouring to get in on the action. Don’t worry if you don’t have a broker and a fancy investment portfolio, because there are plenty of companies more than happy to help you get a single share — for a price.
Remember when Foxconn got loose lips and started popping off about a certain Apple HDTV that’s in development? Seems like someone at Apple put the fear of god into its manufacturing partner, because all of a sudden, Foxconn is claiming that they had “neither confirmed, nor speculated” about any such thing.
Lots of companies will make a fortune from The Voice, including broadcaster Nine (which can sell ads at high rates thanks to the weekly 2 million+ TV audience) and Universal (which signs up the winning artists). But it’s only just becoming evident just how much coin Apple will also score via iTunes sales on the series. Here’s how — and why fans shouldn’t give Apple more than one bite of the cherry.
Looks like GAME Australia didn’t quite find a buyer in time. As Mark over at Kotaku reports, the local operation of the game retailer has followed its UK parent into administration. No clear word yet on the outcome, though Gus at Lifehacker has some tips for consumers affected by the decision. [Kotaku]
Working conditions in Foxconn’s Chinese manufacturing plants have been the turd floating around Apple’s Scrooge McDuck swimming pool of money for a while. Now Apple is reportedly partnering with Foxconn to improve working conditions in its plants, and they’re splitting the cost to get there.
The verdict is in for the Oracle vs Google trial on whether Java was used improperly in the development of Android. The answer? Yes, sort of.
