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.
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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.
Discussion:
Good Morning Silicon Valley
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.
Discussion:
broadstuff, Technology Live, ParisLemon, How To Split An Atom, i-boy, Valleywag and IP Democracy
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 …
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Larry Dignan / Between the Lines:
Microsoft reports impressive fiscal first quarter — Microsoft reported a quarter that harkened back to its glory days. — On Thursday, Microsoft reported first quarter earnings of $4.29 billion, or 45 cents a share, on revenue of $13.76 billion. That sum easily beat Wall Street estimates …
Discussion:
Tech Check with Jim Goldman
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 …
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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 …
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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.
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.
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.
Larry Dignan / Between the Lines:
Vonage settles patent flap with Verizon — There are a whole lotta lawsuits being settled at Vonage. This time Vonage is settling with Verizon. — The news, announced Thursday, comes just a few weeks after Vonage settled with Sprint. — Vonage's settlement has a few conditions depending on how a U.S. Court of Appeal rules.
Brian Prince / eWEEK.com:
Trend Micro to Snap Up Provilla for DLP — Trend Micro follows acquisitions by Cisco, McAfee and Websense to add data loss prevention tools to the lineup. — Trend Micro announced plans Thursday to purchase Provilla, becoming the latest security firm to add data loss prevention tools via acquisition.
Discussion:
Ryan Naraine's Zero Day
Paul Stokes / Telegraph:
Oink founder: We're just like Google — An IT consultant suspected of operating one of the world's biggest pirate music websites from a Middlesbrough bedsit said he had done nothing wrong. — Alan Ellis, 24, was arrested on Tuesday as part of an Interpol-led operation to shut …
