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12:35 PM ET, May 30, 2007

Techmeme

 Top Items: 
BBC:
Music site Last.fm bought by CBS  —  Social music site Last.fm has been bought by US media giant CBS Corporation for $280m (£140m), the largest-ever UK Web 2.0 acquisition.  —  The online network was founded in the UK five years ago and it now has more than 15 million active users.
RELATED:
Joseph Menn / Los Angeles Times:
CBS to buy social network  —  It is expected to pay $280 million for the Last.fm site, which caters to music fans.  —  CBS Corp. is buying a popular social-networking website organized around musical tastes for $280 million, combining a traditional broadcast giant with an early leader in online radio.
Richard Jones / Last.fm:
Last.fm Acquired By CBS  —  Today, Last.fm was acquired by CBS, a company who had the first commercial radio station in the US, ran a record label (CBS Records), and amongst other things are responsible for several respected TV series (CBS on Wikipedia).  —  The team here have spent a lot …
Reuters:
CBS buys online music network Last.fm  —  LONDON (Reuters) - CBS Corp said on Wednesday it had paid $280 million in cash for the popular music social network service Last.fm.  —  CBS said in a statement the online service had more than 15 million active users in more than 200 countries …
Pete Cashmore / Mashable!:
WOW: CBS Acquires Last.fm for $280 Million  —  I did not expect this one: despite ongoing rumors that Viacom would snap up the music site for a massive $450 million, CBS will announce today the acquisition of Last.fm for $280 million, according to an unverified source.  The aim is to attract young people to the CBS brand.
Fred / A VC:
CBS Buys Last.fm
Discussion: alarm:clock
Larry Larsen / Channel 10:
First Look: Microsoft Surfacing Computing!  —  About a year ago I gave a presentation to a group of journalists about gadgets of the future and showed a video about a theoretical multi-touch computing system.  When asked when we would see something like that in the wild, I optimistically ballparked 5-7 years.
RELATED:
Glenn Derene / Popular Mechanics:
Microsoft Surface: Behind-the-Scenes First Look (with Video)  —  The software giant will announce at the D5 conference today that it's built a new touchscreen computer—a coffee table that will change the world.  Go inside its top-secret development with PopularMechanics.com …
USA Today:
Table is set for computing  —  Microsoft Chairman Bill Gates once talked about putting a PC on every desk.  Now Gates is talking about turning the desk itself — or a tabletop — into a computer.  Microsoft is set to announce an ambitious new computing category today called "surface computing" to try to make it happen.
Microsoft:
Microsoft Launches New Product Category: Surface Computing Comes to Life in Restaurants, Hotels, Retail Locations and Casino Resorts  —  First commercially available surface computer from Microsoft breaks down barriers and provides effortless interaction with information using touch, natural gestures and physical objects.
Wall Street Journal:
The Shape of Computers to Come?  —  The Latest Products Seek  —  To Explore New Forms, Uses  —  It's time for computer designers to think outside the box.  From Microsoft Corp. to Silicon Valley start-ups, technology companies are introducing computers with fundamentally new forms.
Michel Marriott / New York Times:
Touch Screen in a Table Is the Latest Wrinkle in Computers
Discussion: Fast Company Now
Jessica Mintz / Associated Press:
Microsoft Unveils New Surface Computer
Discussion: Michael Gartenberg
Derick Mains / Apple:
Apple Launches iTunes Plus  —  Higher Quality DRM-Free Tracks Now Available on the iTunes Store Worldwide  —  Apple® today launched iTunes® Plus—DRM-free music tracks featuring high quality 256 kbps AAC encoding for audio quality virtually indistinguishable from the original recordings …
Discussion: Engadget, Apple 2.0, MacUser and Gadgetell
RELATED:
Arn / MacRumors:
Apple Releases iTunes 7.2, Launches iTunes Plus (DRM Free) [Now Available]  —  Apple released iTunes 7.2 updated in the Mac OS X Software Update tonight, which offers support for "iTunes Plus", Apple's new DRM-free $1.29 offerings announced in April.  —  With iTunes 7.2, preview …
Tom Spring / Today @ PC World:
Apple Launches iTunes Plus with DRM-Free Tracks
Discussion: TechSpot News
Marcus Adolfsson / TreoCentral:
Palm's Foleo a "smartphone companion product"?  —  According to a RSS news feed from Palm, their mystery "3rd category" device is a compact smartphone companion product named Foleo that let's you view and edit emails using a large screen and fullsize keyboard.
RELATED:
Ryan Block / Engadget:
Palm Foleo and Linux OS for summer is what Hawkins is announcing at D?
Discussion: Guardian Unlimited and jkOnTheRun
Christopher Soghoian / slight paranoia:
A Remote Vulnerability in Firefox Extensions  —  See a demo of the attack against Google Browser Sync: (12MB Quicktime).  —  Executive Summary  —  A vulnerability exists in the upgrade mechanism used by a number of high profile Firefox extensions.  These include Google Toolbar …
Discussion: Security Fix
RELATED:
Ryan Singel / Threat Level:   Google, Yahoo, Facebook Extensions Put Millions of Firefox Users At Risk
Business Wire:
Fox Interactive Media Agrees to Acquire Photobucket and Flektor, Inc.  —  Web's Fastest-Growing Personal Media Site and Next Generation Web-Based Photo and Video Service to Join News Corporation's Leading Network of Internet Brands  —  "The acquisition of these two companies is a perfect strategic fit …
Miguel Helft / New York Times:
Take Note: Computing Takes Up Pen, Again  —  For more than two decades, the dream of controlling a computer with a pen has seduced and, more often than not, frustrated some of the biggest luminaries in the technology pantheon, including Bill Gates and Steve Jobs.
RELATED:
Matt Marshall / VentureBeat:
LiveScribe lets the paper do the talking, and thinking
Joseph Thornley / Pro PR:
Mike Arrington brings TechCrunch to mesh  —  The mesh conference kicked off with a keynote conversation between TechCrunch founder Mike Arrington and mesh co-founder Mathew Ingram.  —  Some things that stuck with me:  — "I know that when I write a post, it's far better to be first than to be second.
Discussion: IP Democracy, mesh blog and hyku | blog
Brent Schlender / Fortune:
The trouble with Apple TV  —  Steve Jobs' latest is a dud - and that speaks volumes, says Fortune's Brent Schlender.  —  (Fortune Magazine) — Let's pause for a moment amid the worshipful buzz before the launch of Apple's iPhone in June to consider the heretical notion that Steve Jobs might be promising more than he can deliver.
Discussion: MacDailyNews
 
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 More Items: 
Blake Snow / Next Generation:
Bungie: Graphical Improvements Coming to Halo 3
Agence France Presse:
Japanese mobile users to get advance quake warnings
Discussion: mocoNews.net and MobileCrunch
GamePolitics.com:
ANOTHER N.Y. Game Bill - Democratic Proposal Could Turn Retailers into Felons
Discussion: Kotaku and Joystiq
Nick Gonzalez / TechCrunch:
Grateful Dead Fan Site Reborn as Social Network
Discussion: ClickZ News Blog
Caroline McCarthy / CNET News.com:
In defense of Twitter  —  Editor's note: CNET News.com …
Ryan Singel / Wired News:
Which ISPs Are Spying on You?  —  The few souls that attempt …
 Earlier Items: 
Bruce Johnson / Google Web Toolkit Blog:
Google Web Toolkit 1.4 Release Candidate
Michael Barbaro / New York Times:
Is Wal-Mart Too Cheap for Its Own Good?
Discussion: BloggingStocks and Glass House
PC Pro:
IT staff confess to perusing confidential data
Jeremy Reimer / Ars Technica:
Microsoft exec: Future versions of Windows to be "fundamentally redesigned"
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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