Top Items:
Steve / The Secret Diary of Steve Jobs:
Oh snap! Faceberg raises another $500 million — Word up. Hot on the heels of the big investment by the Borg only a few hours ago, Facebook has now landed another $500 million from two hedge funds in New York. At the same $15 billion valuation. It is on, people.
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Brad Stone / New York Times:
Microsoft to Pay $240 Million for Stake in Facebook — Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook. — The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook.
Discussion:
Don Dodge on The Next …, CNET News.com, CNNMoney.com, The Mac Observer, Los Angeles Times, Web Strategy, Mark Evans, Techdirt, Associated Press, TechCrunch, Tom Raftery's Social Media, Search Engine Roundtable, BloggingStocks, MarketingVOX, Soaring on Ridgelift, TechSpot News, Geek Speaker, Tech Talk with Dean Takahashi, Joe Duck, Todd Watson, The Secret Diary of Steve Jobs, Online Dating Insider, Silicon Alley Insider, Innovation in Software, Download Squad, HipMojo.com, Bloggers Blog, TechBlog, iMedia Connection, Bloomberg, Business Week, rexblog.com, Clickety Clack, VentureBeat, Wikinomics, InsideMicrosoft, paidContent.org, Digital Daily, Slashdot, 901am, Search Engine Watch Blog, The Last Podcast and Wall Street Journal
Terrence Russell / Epicenter:
Three Reasons Microsoft Underpaid For Facebook — It's official — the truth is less profitable than fiction. Facebook has secured the cornerstone of its $15 billion valuation with today's Microsoft alliance. But at $240 million, that's only a 1.6% slice of a much larger pie.
Michael Arrington / TechCrunch:
Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company — Yesterday came news that Microsoft invested $240 million into Facebook, valuing the company at $15 billion. — How much is $15 billion? It's hard to understand how much money that really is.
David Pogue / New York Times:
Apple Offers New Goodies in Leopard System — If you're a computer company, what on earth do you add to the sixth annual version of your operating system? — It's not as though there are any glaring holes left. Nobody is still crying out for a better way to organize photos.
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Walter S. Mossberg / Wall Street Journal:
Leopard: Faster, Easier Than Vista — Upgrade of Apple's OS — Isn't Revolutionary, — But It Beats Microsoft's — The Mac is on a roll. Apple Inc.'s perennially praised but slow-selling Macintosh computers have surged in popularity in the past few years, with sales growing …
Discussion:
Michael Gartenberg, eWEEK.com, FORTUNE: Apple 2.0, Wired News, MacDailyNews, The Mac Observer, MacUser and Digg
USA Today:
Leopard, Apple's new Mac operating system, hits all the right spots — When Steve Jobs unleashes Mac OS X Leopard on Friday, Mac fans and others considering an Apple computer for the first time will have questions. Is the new Leopard operating system worth the $129 upgrade price?
Robert Scoble / Scobleizer:
Reports of PodTech's demise are bull#### — It's amazing. A fake blogger, Fake Steve Jobs, reports that PodTech is closing down. This is total, 100% bull####. Not even deserving of a response. I'm not leaving PodTech. When, er if, I am you'll read it here on my blog.
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Steve / The Secret Diary of Steve Jobs:
PodTech: RIP — Well, they've had a good run but apparently the Casa de Scoble is heading for the big sleep. Or is it the dirt nap? I can never remember. No announcement yet but we hear it's imminent. Word is that Scoble was planning to bail in January anyway but now he won't have to.
Discussion:
franticindustries, JD on EP, WinExtra, Mashable!, Valleywag, GracefulFlavor and The Last Podcast
Duncan Riley / TechCrunch:
PodTech Heading Towards The Deadpool? — Fake Steve Jobs aka Daniel Lyons has written that he's heard that PodTech will be closing up shop with an announcement imminent. — We can't confirm the rumor although I have pinged Robert Scoble asking him to comment. If we get a response we'll publish it.
Brad Stone / New York Times:
Microsoft Buys Stake in Facebook — Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook. — The two companies said on Wednesday that Microsoft would pay $240 million for a 1.6 percent stake in Facebook.
Discussion:
Profy.Com, Business Week, ContentBlogger, MediaBytes with Shelly …, CNET News.com, Lost Remote and Macsimum News
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Dan Goodin / The Register:
More gnashing of teeth after Microsoft update brings PCs to a standstill — Resource-hogging search app sprung on reluctant admins — Something seems to have gone horribly wrong in an untold number of IT departments on Wednesday after Microsoft installed a resource-hogging search application …
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Megan McCarthy / Valleywag:
Jackpot: Mark Zuckerberg, the $5 billion man — One thing has been overlooked in today's Facebook valuation announcement — how much the major players can now claim to be worth. A source tells us that Facebook founder Mark Zuckerberg owns about 30 percent of the company …
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Business Wire:
BEA Board Sets $21.00 Per Share Value Position — SAN JOSE, Calif.—(BUSINESS WIRE)—The Board of Directors of BEA Systems (NASDAQ: BEAS - News) today issued the following statement: — "We continue to believe that Oracle's unsolicited proposal to acquire BEA at $17.00 per share significantly …
Opera:
Opera Link: your stuff everywhere — Opera connects mobile and desktop worlds — Oslo, Norway and Mountain View, CA - October 25, 2007 — Opera, the only company that puts the Web on any device, today released Opera Link. Wherever you are, whatever Opera browser you use …
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Mark Hendrickson / TechCrunch:
Friendster Announces Developer Platform; Can You Say "Commodity"? — Good thing we launched the CrunchBase widget, because you may need it to refresh your memory about a certain social networking company called Friendster that's announcing its own developer platform today (okay okay …
Discussion:
All Facebook, Mashable!, Performancing.com, Today @ PC World, Digital Trends and VC Circle
Belo Corporate Press Releases:
Belo Reports Results for Third Quarter 2007 — DALLAS — Belo Corp. (NYSE: BLC) today reported net earnings per share of $0.18 for the third quarter of 2007 as compared to $0.19 for the third quarter of 2006. The third quarter of 2007 included approximately $2.3 million in transaction costs related …
