Boot up: Apple's projector plans, angry birds maker ' seeks $ 1.2bn valuation ' and more

A quick burst 6 links you to chew over, as picked by the technology team

Nilay Patel: "there is a fundamental problem with patents in the United States.

"It is us.

"I think all of us: the companies and people who directly interact with the patent system, the media reports about interactions, analysts and experts who inform the media, and finally the big, active and vocal readership that we try and service with our reporting. As a group, we have accepted and let be the lazy conventional wisdom that the patent system is broken beyond repair, a relic from an earlier time, which has been replaced by the rapid pace of technical innovation, especially in the software, and that it should perhaps be scrapped entirely. "

Apple has "plans to integrate mini-or pico-projectors in similar future iOS devices at the same time introducing a likely Projector Accessories for led"

"Rovio entertainment Oy, Finnish creator of" Angry birds "mobile phone game, is in negotiations to receive funding, which would value the company at about $ 1.2 billion, two people with knowledge of the discussion said".

Zuckerberg calls a Chill feature "lame". Here is the response: "Chills so what will we do? We have already removed this feature. " Lame.

How Google + hope to beat Facebook: undercutting it. "launch of its Google + social gaming platform, Google has found a way to differentiate itself from Facebook. In the case of transactions in the game will Google only charging a 5 percent Commission for game developers instead of 30 percent to Facebook charges. "

"Today we are adding games to Google +. With Google + project, we want to bring nuance and richness of genuine sharing on the Internet. But sharing is about more than just conversations. The experience we have together is just as important for our relations. We want to play games online as fun, and just as meaningful as a player in real life. "

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Spotify swept in the dotcom bubble with $ 1 billion valuation

Spotify is internet the latest company to get swept away in the current dotcom bubble, with streaming music service reportedly involved in a new funding round that values of $ 1 billion (£ 616 m).

The site early digital music is reported searches around 100 m $ in funding from Facebook investor Digital Sky technologies (DST) and Silicon Valley firm Kleiner Perkins, who owns an equity stake in Twitter and FarmVille creator Zynga.

Loss-making Spotify is based to its long-awaited launch of the United States. Online Jukebox hope to build on its rapid European expansion, with around 10 million people use its advertising-funded service free of charge. Fewer than 1 million people pay for Spotify's premium service.

Spotify and DST refused to comment on.

Kleiner Perkins, which has led investment rounds for Amazon and Google, is for the purposes of refusing entry pays $ 50 m for just under 5% of Spotify.

High-profile Russian investor DST, which has poured money into daily deals site Groupon property among other highly esteemed internet startups, is also reported to be involved in the funding round – which would be Spotifys largest to date.

Five-year-old Spotify $ 1 billion (£ 616 m) price tag is the latest in a flurry of sky-high valuations of internet companies, which have given rise to the case of a new goldrush similar to the dotcom bubble of a decade ago.

Facebook frenzy triggered last month with its $ 50bn valuation, and in the last few weeks have been Twitter is said to be worth up to $ 10bn, social-gaming firm Zynga $ 9bn and the Groupon property $ 15bn.

Spotify, meanwhile, has been the talk of its growth in the defeat of its long-delayed expansion in the United States. Four major music labels — Universal Music Group, Sony, EMI and Warner Music Group – has to date been reluctant to seal distribution deals with the online Jukebox due to concerns about its "freemium" business model.

Convert one in ten music fans into paying customers have so far not convinced all four major labels of Spotifys free streaming charm. Earlier this week, it was reported that both EMI and Sony had completed a great deal of U.S. expansion with Spotify, but that Universal-which is the world's largest music label and Warner still was not on board.

The latest audited financial statements with Spotify, for 2009, Show it lost £ 16. 6 m in the United Kingdom on the revenue of £ 11. 3 m.

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