Today in Tech: Groupon rushing IPO?

May 11, 2011: 6:30 AM ET

A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.

*All Things D reports that daily deals site Groupon wants that initial public offering (IPO) to happen sooner rather than later -- and by "sooner," we mean as early as this week. Regardless of when ever it does go public though, the company could be valued at $15 billion-plus. (All Things D)

* Paul Graham's Y Combinator startup incubator, host to such successful companies as Dropbox, Reddit, Heroku, and Scribd, accepted more than 60 startups for its summer batch, a new record. (TechCrunch)

*Why your personal information is the "new oil." (Huffington Post)

* Google announced the next major Android update, "Ice Cream Sandwich." The latest version's goal is to marry the features in both the Honeycomb tablet and Gingerbread editions in one piece of software to power various Android devices. Expect it to hit some time before the end of 2011. (All Things D)

* Also in the Google pipeline: a Chrome laptop with a "student package" price of $20 a month. Meanwhile, VentureBeat took an early look at a beta version of the company's cloud music service, which should let users store their music remotely but access it anywhere. So far, the user experience leaves a lot to be desired. (Forbes and VentureBeat)

* Zynga teamed up with Lady Gaga to offer a neighboring farm inspired by the pop artist in the FarmVille game franchise. "GagaVille," as it's being called, will highlight Gaga's quirky style and themes. In other words, expect elements like crystals, unicorns, sheep on motorcycles, as well as access to songs from her upcoming album, come May 17. (Zynga and VentureBeat)

*Apple rumor alert! Is this the seventh generation iPad Nano? If so, the tiny wafer of a digital music player will retain a form factor similar to the current version but also sneak in a low-resolution 1.3 megapixel camera. (Apple Insider)

The next iPad Nano? Photo: Apple Insider

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About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

JP Mangalindan is a San Francisco-based writer at Fortune, covering Silicon Valley. Since joining in 2010, he has written on a wide array of topics, from the turnaround of eBay to the evolution of net neutrality. A graduate of Fordham University, Mangalindan has also written for GQ, Popular Science, and Entertainment Weekly.

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