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, A VC, GigaOM, Marshall Kirkpatrick, mathewingram.com/work and Paul Kedrosky's …
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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.
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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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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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.
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, Gizmodo, Apple Gazette, Engadget, textually.org, The Unofficial Apple Weblog, Incremental Blogger and digg
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!
