Top Items:
New York Times:
Palm Is Said to Sell Stake to Equity Firm in Revamping — Palm Inc., the struggling hand-held device company that makes the Treo, reached a deal yesterday to sell a quarter of the company to Elevation Partners, a private equity firm, for about $325 million as part of a plan to reorganize the company …
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Rafat Ali / mocoNews.net:
Palm to Sell 25 Percent Stake To Elevation, For $325 Million — Palm, facing increasing competition in the industry, is selling a 25 percent stake to Elevation Partners, the private-equity firm that has Bono as a partner and a bunch of former Apple Inc. executives, reports WSJ.
Discussion:
Business Wire
Thomas Ricker / Engadget:Palm sells 25% stake to Bono and former Apple execs
Discussion:
Gadget Lab
BBC:
Launch date for iPhone revealed — Apple has confirmed that its much-anticipated iPhone product will launch on 29 June in the US. — The date was given in a series of TV adverts broadcast on Sunday, and was later confirmed by a spokesman for the California-based company.
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Ryan Block / Engadget:
iPhone release date confirmed: yours on June 29th — Ready to pony the cash? Looks like our source was right: the iPhone is yours come June 29th. The commercial just aired on 60 Minutes, and now you can finally mark your calendar and get on with your life — for the next 25 days or so …
Marc Andreessen / blog.pmarca.com:
Bubbles on the brain — It has become commonplace in Silicon Valley and in the blogosphere to take the position that we are in another bubble — a Web 2.0 bubble, or a dot com bubble redux. — I don't think this is true. — Let's examine the theory of a new bubble from a few different angles.
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Gary Rivlin / New York Times:
In Silicon Valley, the Crash Seems Like Just Yesterday — GRANDPA lived through the Depression, and life thereafter was indelibly shaped by haunting memories of soup kitchens and hobos. Similarly, the digerati of Silicon Valley endured the 1990s dot-com bubble, and since then have lived with the psychic shock of its ignoble end.
Discussion:
CrunchNotes
Robert Scoble / Scobleizer:
The better iPhone: Nokia N95? — Mauricio Idarraga at Puremobile.com sent me a Nokia N95. He wrote in the letter that came with the phone: … I'm in love already. No, not with Mauricio. Heheh. Of course PureMobile is now going to get all my cell phone business. But rather, I'm in love with the Nokia N95.
Reuters:
YouTube signs licensing pact with Hearst-Argyle TV — YouTube said Sunday it has reached a revenue-sharing deal with Hearst-Argyle Television in which local TV stations will be paid when users of the video-sharing site watch their programming. — A spokesman for YouTube, a unit of Google …
Discussion:
Mashable!
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John Markoff / New York Times:
Fever Builds for iPhone (Anxiety Too) — During an onscreen demonstration of the iPhone in Apple's sprawling retail store here recently, an employee, clad in a black T-shirt, of course, surprised a potential customer. — Nonplused, the customer stammered, "You mean it's a cellphone, too?"
Boris Veldhuijzen van Zanten / The Internet …:
Foot in mouth... We have a little rule in the office. We don't do 'bad karma' things. Its very similar to 'don't be evil' from Google. So yesterday I broke this rule. I was extremely frustrated with Felix Peterson about something and poured all of my frustration into a blogpost on my personal blog.
Discussion:
Mashable!
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Peter Svensson / Associated Press:
Sony cuts price on new Blu-ray player — NEW YORK - With dominance of the market for high-definition movie discs still up in the air, Sony Corp (NYSE:SNE - news). said Monday it is including a small surprise with the new Blu-ray disc player it is shipping this week: a price tag $100 lower than previously announced.
Discussion:
Engadget
Li Yuan / Wall Street Journal:
Amp'd Mobile Files Chapter 11 — Start-up wireless carrier Amp'd Mobile Inc. filed for Chapter 11 bankruptcy protection Friday night after it ran out of cash and failed to raise additional funding in time to meet debt payments. With its filing, Amp'd Mobile becomes the latest …
Michael Arrington / TechCrunch:
Microsoft: Silicon Valley Team Building Stealth Search Engine — Microsoft has gathered a team of twenty or more "rock star" developers who've been tasked at building their next generation search engine, a source has told us. The team, which supposedly came together recently …
Discussion:
parislemon
Raju Vegesna / Zoho Blogs:
Zooomr Mark III Launches — If you are following the status of Zooomr, Mark III is up and running. If you are not, Zoli has a good writeup. — Zooomr is a photo service supported by some awesome fans across the globe. Prior to the recent Zooomr episode, I just heard about it but never paid any attention.
Joshua Karp / The Boy Genius Report:
Thieves nab $6 million worth of Vertu phones — Say what you will about the morality of grand larceny, but this thief had some pretty good taste. The BBC is reporting that four masked men in a black Subaru forced a Vertu delivery truck off the road, at which point they apparently heisted $6 million worth …
