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.
Wall Street Journal:
Palm to Sell 25% Stake, Overhaul Board — Palm Inc., facing mounting competition in the smart-phone market, is selling a 25% stake to a private-equity partner that will bring former Apple Inc. executives to the maker of hand-held electronic devices. — Under the transaction …
Thomas Ricker / Engadget:
Palm sells 25% stake to Bono and former Apple execs — The wires are alight with news that Palm will be announcing a deal to sell a 25% stake to Elevation Partners. The private equity firm where Bono is a founding partner will shell-out $325 million for the privilege of helping Palm reorganize.
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.
Discussion:
MediaVidea
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Macenstein:
Apple's "iPhone ad slip up" reveals "mystery app" — In looking through Apple's newly posted iPhone ads on their site, I noticed something interesting. — In every shot we have ever seen of the iPhone's main menu thus far, there are 3 rows of icons for applications (2 rows of 4 icons …
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 …
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.
Discussion:
Guardian Unlimited, MYBLOG by Ouriel, GigaOM, Marshall Kirkpatrick, Paul Kedrosky's … and mathewingram.com/work
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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.
Guy Kawasaki / How to Change the World:
By the Numbers: How I built a Web 2.0, User-Generated Content, Citizen Journalism, Long-Tail, Social Media Site for $12,107.09 — Because of Truemors, I've learned a lot about launching a company in these "Web 2.0" times. Here's quick overview "by the numbers." — 0. I wrote 0 business plans for it.
Discussion:
Roam4free
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.
Brooks Barnes / Wall Street Journal:
Hearst-Argyle, YouTube to Share Revenue From TV Video Clips — Hearst-Argyle Television Inc., one of the nation's largest operators of local TV stations, will distribute news, weather and entertainment video to Google Inc.'s YouTube in a revenue-sharing agreement.
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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?"
Discussion:
Apple 2.0, Engadget, Gizmodo, textually.org, The Unofficial Apple Weblog, Incremental Blogger and digg
Ryan Singel / Wired News:
Desperate Botnet Battlers Call for an Internet Driver's License — SAN FRANCISCO — Frontline internet-crime fighters from security companies, law enforcement agencies, banks and e-commerce sites huddled at a secretive conference last week to confer on new tactics in the war on cybercrime.
Drew / Dembot:
Rocketboom Sponsorship Launch — Tomorrow on Monday we will be launching a new sponsorship model on Rocketboom! — Just over a year ago, we ran out money for Rocketboom. … The plan had materialized months prior but I never wanted to take the risk. I certainly was into the excitement, but what if no one bid?
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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.
Michael Arrington / TechCrunch:
Plazes CEO Busted By His Own Product — The Next Web Conference was held in Amsterdam last Friday (June 1). The organizers had a last minute speaker back-out: Plazes CEO Felix Petersen emailed them the day before the conference to say that he couldn't make it because they were dealing …
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Boris Veldhuijzen van Zanten / The Internet …:Foot in mouth... We have a little rule in the office.
Discussion:
Mashable!
