Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur’s Time

For the PR boost alone, it might be worth it.
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This Year at SXSW, the Next Killer App … Maybe Isn’t

This year’s digital festival in Texas doesn’t have a clear breakout theme as yet.
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Why Didn’t Apple Sell More iPhone 5s Opening Weekend? How Do We Know It Didn’t?

Were iPhone 5 sales constrained by unexpectedly heavy demand, component shortages, or tactical choice? Or were they really constrained at all?
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Apple’s New iPhone 5 Ads Are Way Smarter Than the “Genius” Campaign

Shiny new ads for a shiny new iPhone.
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iPhone 5 a Hit Based on Key “Line Length” Metric

The lines for the iPhone 5 are 83 percent longer than they were for the iPhone 4S, says Piper Jaffray.
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Get Ready to Party Like It’s Windows 95

Microsoft will officially launch Windows 8 on Oct. 25, and Steve Ballmer says it’ll be the biggest introduction in decades.
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After Pinterest, Japan’s Rakuten Makes Another U.S. E-Commerce Investment — This Time in Daily Grommet

Are you ready for “Citizen Commerce”?
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Back to School: Summer Ends as Tech Giants Get Ready for a Device Rumble

School days, school days, dear old golden rule days. Readin’ and ’ritin’ and ’rithmetic, taught to the tune of the memory stick.
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Voices

Private Spacecraft Lifts Off Toward Space Station

The first private spacecraft aiming to dock with the international space station blasted off from Florida early Tuesday with split-second precision, but the biggest tests for the mission are still days ahead.

News Byte

Sony PlayStation Vita Launches in U.S., Europe

Sony’s new handheld gaming product, the PlayStation Vita, goes on sale today in Europe and the U.S. Following its initial launch in Japan in December, the device was plagued by some reported bugs, including crashes and gameplay lags, but Sony quickly issued a software update to address the issues. As The Wall Street Journal’s Katie Boehret notes in her review of the Vita, the 3G and Wi-Fi capable Vita costs $299; the Wi-Fi-only version costs $249.

Mossberg on Jobs (Video)

DARPA: That’s Mach 20, Baby