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3:40 PM ET, May 22, 2007

Techmeme

 Top Items: 
Howard Lindzon:
CBS Acquires Wallstrip - You Can Make Money From Blogging!!!  —  One of the most exciting days of my life for sure.  —  Today, CBS has acquired Wallstrip .  —  Lot's of people to thank.  The biggest sacrifices have come from my wife Ellen and my sweet kids Rachel and Max.  My dog Bagel is indifferent.
RELATED:
Fred / A VC:
Wallstrip Goes Through The Exit Door  —  CBS announced today that they are purchasing Wallstrip.  —  Here's the story as I see it.  Howard Lindzon is a scrappy investor and sometimes entrepreneur from Phoenix, Arizona.  He got hip to blogging several years ago and started networking around via blogs.
Liz Gannes / NewTeeVee:
CBS Does Indeed Scoop Up Wallstrip  —  Wallstrip, an online video show that takes a whimsical approach to financial news, has been bought by CBS Interactive for a price in the single-digit millions, with a multi-year commitment to continue the show and add additional financially oriented web series.
Duncan Riley / TechCrunch:   CBS/ WallStrip Deal Confirmed
Jason Chervokas / Social Media Club:
Social Media Now: How Much is DIY Talent Worth?
Michael Arrington / TechCrunch:
Silicon Valley Could Use A Downturn Right About Now  —  Silicon Valley is paradise for geeks, and people flock here from all over the world to be part of something very special.  When I speak at events here one thing I often do is ask people in the audience to raise their hand if they live in Silicon Valley.
RELATED:
Kara Swisher / BoomTown:
Message to Michael: Just Say, Well, No.
Discussion: Valleywag
Karen / Official Google Blog:
What's hot today?  —  For more than six years, we have compiled a regular list of popular searches called the Google Zeitgeist.  This has been our way to highlight the sorts of queries people type into the Google search box every day.  More recently, we unveiled Google Trends to show …
RELATED:
Barry Schwartz / Search Engine Land:
Google Meme: Hot Trends Added To Google Trends  —  Google has launched a meme-like feature to Google Trends.  The Google Trends home page now has a section named "Hot Trends," which shows the hottest queries for the day.  You can also look back historically and see the hottest queries for that day.
Jacqui Cheng / Ars Technica:
Michigan man arrested for using cafe's free WiFi from his car  —  A Michigan man is being prosecuted for using a cafe's free WiFi... from his car.  Sam Peterson was arrested under a Michigan law barring access to anyone else's network without authorization, according to Michigan TV station WOOD.
RELATED:
Patrick Center / WOOD-TV:
A wireless felony  —  Updated:  —  SPARTA — It's a lunch hour ritual at the Re-Union Street Caf.  Customers regularly log onto the internet using the caf's wireless network to check their e-mail and surf the web while they enjoy the coffee and ambience.  —  Sam Peterson II did the same thing.
John Markoff / New York Times:
Google Proposes Innovation in Radio Spectrum Auction  —  Google filed a proposal on Monday with the Federal Communications Commission calling on the agency to let companies allocate radio spectrum using the same kind of real-time auction that the search engine company now uses to sell advertisements.
RELATED:
Corey Boles / Associated Press:
Google's novel idea for FCC radio spectrum auction
Discussion: VentureBeat and Search Engine Land
Paul Sloan / Business 2.0:
The man who owns the Internet  —  Kevin Ham is the most powerful dotcom mogul you've never heard of, reports Business 2.0 Magazine.  Here's how the master of Web domains built a $300 million empire.  —  (Business 2.0 Magazine) — Kevin Ham leans forward, sits up tall, closes his eyes, and begins to type — into the air.
Business Wire:
T-Mobile Unveils a New Full-Featured Smartphone, the T-Mobile Wing  —  Latest "All-in-One" Device Helps You Stay Connected with Wi-Fi Capabilities, Full QWERTY Keyboard and Windows Mobile 6  —  BELLEVUE, Wash.—(BUSINESS WIRE)—T-Mobile USA, Inc., today announced the availability …
RELATED:
ZDNet:
Microsoft will not sue over Linux patents  —  Microsoft has said it has no immediate plans to sue after alleging patent infringements by open-source vendors.  —  In an official statement emailed to ZDNet UK, Microsoft confirmed that it would not litigate for now.
Nick Gonzalez / TechCrunch:
Justin.TV Network Launches: More Shows to Come  —  24/7 reality online TV show Justin.tv has has turned into a bit of a mini-phenomenon since launching just two months ago.  Their apartment was raided by the police, and they were later evicted by their landlord.  They were on the Today Show.
Discussion: EMAC
BBC:
Spammers plunder Plusnet e-mail  —  Customers of UK net provider Plusnet have been told to change the password for their account following a break-in by malicious hackers.  —  In the attack, the hackers gained control of a Plusnet's mail server and stole a list of e-mail addresses.
Sharon Waxman / New York Times:
Top Directors See the Future, and They Say It's in 3-D  —  If some prominent Hollywood directors and an Irish rock band have their way, moviegoers en masse will soon be heading back to the future, wearing newfangled 3-D glasses.  —  Last week the next phase in the theatrical viewing experience took …
Discussion: CinemaTech and digg
 
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 More Items: 
Matt Hines / InfoWorld:
Symantec-eBay piracy suit settled
Nate Anderson / Ars Technica:
Google to scan 800,000 manuscripts, books from Indian university
Discussion: Hindustan Times
Ryan Paul / Ars Technica:
Microsoft funds questionable study attacking GPL 3 draft process
Discussion: Channel 9
Dan Warne / APC:
First OpenOffice virus emerges
Discussion: Compiler and Slashdot
USA Today:
AT&T eager to wield its iWeapon
Discussion: Engadget and MacDailyNews
Dawn Kawamoto / CNET News.com:
Intel, STMicro to form new flash company
Matt Nauman / Mercury News:
Tesla Motors to sell batteries in $43 million deal with Think
Matthew Barakat / Associated Press:
XM restores radio service
Discussion: Engadget
 Earlier Items: 
Zoli Erdos / Zoli's Blog:
Not All Notebooks Are Created Equal
Discussion: Compiler and Zoho Blogs
CNET News.com:
Crave Talk: Channel 4's 4oD hamstrung by UK ISPs
Discussion: Slashdot
Rich Brown / CNET News.com:
Dell updates its highest-end XPS system
IFPI:
Police dawn raid stops allofmp3.com pirate vouchers scheme
Adam Liptak / New York Times:
Web Sites Listing Informants Concern Justice Dept.
Philip Elmer-DeWitt / Apple 2.0:
Apple-EMI Music Deal in Peril?
Brett Zongker / Associated Press:
Public Access Group Posts Smithsonian Images Online
Discussion: Epicenter and RSS
Emily Steel / Wall Street Journal:
CNN to Deliver More Local News On Its Web Site