Top Items:
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, Andy Beal's Marketing Pilgrim, Sramana Mitra on Strategy, Screenwerk, Valleywag, Silicon Alley Insider, O'Reilly Radar, Read/WriteWeb, Between the Lines, Technology Live, Epicenter, 901am, All Facebook, Webware.com, Search Engine Land, Microsoft News Tracker and Inside Facebook
RELATED:
Matt Asay / The Open Road:
Microsoft on Facebook: The internal memo from Kevin Johnson — Microsoft just bought a small stake in Facebook for $240 million (more than Facebook's 2006 revenues, which is interesting) on a $15 billion valuation. Kevin Johnson, president of Microsoft's Platform and Services Division …
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.
Eric Eldon / VentureBeat:
Facebook roundup: Hedge funds invest $500 million, and more — Two un-named hedge funds may have invested $250 million each into Facebook, according to Forbes blogger Elizabeth Corcoran. — These deals apparently happened in tandem with the $240 million that Microsoft invested into Facebook, announced yesterday.
Discussion:
Valleywag
Michael Arrington / TechCrunch:Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company
Erick Schonfeld / TechCrunch:Facebook Taps Into Hedge Funds For $500 Million More?
Discussion:
Marc's Voice
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 …
RELATED:
Larry Dignan / Between the Lines:Microsoft reports impressive fiscal first quarter
Discussion:
Tech Check with Jim Goldman
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.
RELATED:
David Kravets / Threat Level:Apple's Leopard Falls Prey to Torrent Feeding Frenzy
Discussion:
TECH.BLORGE.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.
RELATED:
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.
PR Newswire:
Vonage and Verizon Resolve Patent Dispute — In June 2006, Verizon Services Corp. brought a lawsuit against Vonage Holdings Corp. to enforce several Verizon patents relating to Voice over Internet Protocol (VoIP) services. — In March 2007, a jury held that Vonage is infringing three valid Verizon patents.
Discussion:
Ars Technica, Between the Lines, Silicon Alley Insider, Engadget and IP Telephony, VoIP, Broadband
Wsus / WSUS Product Team Blog:
WDS revision update, expanded applicability rules, auto-approve revisions — Some customers have reported that update package for KB917013 was being deployed to WSUS clients without having approved the update for installation on their WSUS servers. The original update release …
Discussion:
Christopher Null, The Register, Computerworld, All about Microsoft, BetaNews, Sadjad's space, The Mac Observer, Hardware 2.0, Neowin.net and Zoli's Blog
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.
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 …
Frank Ahrens / Washington Post:
Apple in a Fight for Rights to TV Shows — Apple's Steve Jobs helped save a sinking music industry, with his iPod and iTunes digital music store. Struggling record labels swallowed hard and accepted his 99-cents-per-song pricing because they had little choice.
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 …
