Top Items:
Kara Swisher / BoomTown:
Memo to Mark: BoomTown Is Baaaack and We're Still Dubious! — Please see this disclosure related to me and Google. — Well, we're glad it's done, our conflict of interest shoved aside by the hey-big-spenders at Microsoft and we can again resume our incredulous analysis of the insane $15 billion valuation of Facebook.
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MEETblog:
Facebook Rumors: Making Friends with More investors — Two hedge funds from New York have apparently jumped into the Facebook deal.We've got our ear to the ground to figure out who it is but each put in about $250 million—for $500 million total—at the same valuation as Microsoft Corp.
Discussion:
Techdirt, Business Week, Wall Street Journal, paidContent.org, The Secret Diary of Steve Jobs, TechCrunch, Sramana Mitra on Strategy, Silicon Alley Insider, O'Reilly Radar, PE HUB, Valleywag, Andy Beal's Marketing Pilgrim, Technology Live, Read/WriteWeb, Screenwerk, Between the Lines, Epicenter, All Facebook, Webware.com, 901am, Search Engine Land, Microsoft News Tracker, Inside Facebook and mathewingram.com/work
Michael Arrington / TechCrunch:Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company
Microsoft:
Microsoft Reports 27% Revenue Growth; Fastest First Quarter Since 1999 — Broad-based strength drives operating income and EPS growth each in excess of 25% — Segment Revenue/Operating Income(Loss) — Microsoft Corp. today announced revenue of $13.76 billion for the quarter ended September 30 …
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Saul Hansell / Bits:
Microsoft's $30 Billion Vista Bump — It turns out someone does like Windows Vista, along with Office and the other stuff Microsoft sells. Indeed, the company sold $1.1 billion more of that stuff in the second quarter than analysts expected. The company's profits rose by 23 percent.
Discussion:
eWEEK.com
Investor Relations:
CNET Networks Announces Sale of Webshots to American Greetings — CNET Networks, Inc. (NASDAQ:CNET), a leading interactive media company, today announced the sale of its Webshots business to American Greetings, effective immediately, for approximately $45 million in cash.
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Computerworld:
In Depth: Apple's Leopard leaps to new heights — A refined look, revamped apps and new options build on an already solid OS foundation — It's been two years, five months and 26 days since Apple Inc. last released a new operating system — the longest gap between releases since the company first released Mac OS X six years ago.
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David Kravets / Threat Level:Apple's Leopard Falls Prey to Torrent Feeding Frenzy
Discussion:
TECH.BLORGE.com
Mike Masnick / Techdirt:
An Open Letter To Jeff Bezos: Please Stop Pissing Off People Over Amazon Prime — from the pretty-pretty-pretty-please dept — Back in May, we tried to alert you to a serious customer service problem that your company is facing concerning the way you are marketing Amazon Prime.
David Chartier / Infinite Loop:
Leopard backpedals again: No more iPhone note syncing — Looks like Apple now believes that it has said a little too much with the new Leopard feature pages. Yesterday it backpedaled on letting us use an AirPort Disk with Time Machine, and now it appears as though all references to the iPhone …
Rob Greenlee / Zune Insider:
Zune 1-Click Podcast Subscriptions — Podcasters can now plan to display a Zune icon or chicklet graphic on their websites to enable an easy "1-Click Podcast Subscription" process for podcast listeners or viewers. This 1-Click process will launch the new Zune Marketplace software and place …
Stuart Elliott / New York Times:
Yahoo Executive Joins Nintendo — Nintendo of America is underlining its commitment to trying to broaden the market for video games beyond the traditional younger, male player by hiring a sales and marketing chief with extensive experience with mainstream brands.
Gregg Keizer / Computerworld:
Mozilla can live without Google's money, Baker says — Thunderbird spin-off should find its own revenue, the Mozilla CEO adds — Mozilla Corp. will walk away from Google Inc. and the millions it collects from the search company each year, if that's what it takes to stay independent …
Discussion:
WebProNews
Erick Schonfeld / TechCrunch:
CNET's Shiny New $250 Million Credit Line: What Will They Use It For? — Update: See announcements here. CNET has sold Webshots for $45 million in cash as well as other announcements. They have not announced a stock buyback or any acquisitions, but its clear that they are preparing to make some moves with all this cash.
Discussion:
Silicon Alley Insider
