Booting Up: iPhone Details Edition

iphone 4 top new 1 Booting Up: iPhone Details EditionFacebook seeks acquisitions. [Bloomberg]

“A growing number of middle managers are stepping out of their corporate nests to join start-ups, as the new technology boom continues to gather steam.” [WSJ]

New iPhone details leak: one of them will be a cheaper version of the iPhone 4. [Reuters]

Report: Tumblr speaking with investors about a $800 million valuation. [BI]

Motorola’s main value lies in just 18 patents. [Bloomberg]