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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Peter Kafka / Silicon Alley Insider:
Facebook Raises Another $500 Milion — Forbes' Elizabeth Corcoran, reporting from the magazine's MEET Conference in L.A., says Facebook raised another $500 million yesterday in addition to Microsoft's $240 million. The money is supposed to have come from two NYC-based hedge funds …
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.
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:
eWEEK.com, Michael Gartenberg, GottaBeMobile.com, FORTUNE: Apple 2.0, Wired News, MacDailyNews, The Mac Observer and Digg
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:
Read/WriteWeb, franticindustries, JD on EP, Valleywag, WinExtra, The Last Podcast, GracefulFlavor and Mashable!
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.
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.
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Terrence Russell / Epicenter:
Three Reasons Microsoft Paid so Little 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.
Discussion:
Tech Check with Jim Goldman, :Ben Metcalfe Blog, Blogcosm, Googling Google, 1000 Flowers Bloom and TechCrunch
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, Web Strategy, The Mac Observer, Mark Evans, Los Angeles Times, Associated Press, Techdirt, Tom Raftery's Social Media, Search Engine Roundtable, BloggingStocks, MarketingVOX, Soaring on Ridgelift, TechSpot News, Tech Talk with Dean Takahashi, Geek Speaker, Joe Duck, Nate Elliott, Todd Watson, The Secret Diary of Steve Jobs, Online Dating Insider, Innovation in Software, Download Squad, HipMojo.com, iMedia Connection, Bloggers Blog, Silicon Alley Insider, TechBlog, TechCrunch, rexblog.com, Clickety Clack, VentureBeat, Wikinomics, Business Week, Slashdot, 901am, InsideMicrosoft, Search Engine Watch Blog, Bloomberg, Digital Daily, The Last Podcast, Wall Street Journal and paidContent.org
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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Larry Dignan / Between the Lines:
BEA: We're worth $21 a share — BEA Systems' board of directors says it will negotiate with Oracle-or other third parties-with opening bids at $21 a share, $4 a share higher than Oracle's current offer. — For those keeping score at home. Oracle made its offer Oct. 9 and the two have been volleying letters ever since.
Discussion:
eWEEK.com
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Andy Greenberg / Forbes:
Google Scares The Search Crowd — Google, for online businesses, has the impact that Alan Greenspan once had on the financial markets. Online companies pounce on every whisper or cryptic comment from Google about how it ranks pages as an indicator—up or down—of how online traffic will flow for millions of Web sites.
Discussion:
WebProNews, Search Engine Watch Blog, Search Engine Roundtable, MarketingVOX and Elliott C. Back
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Comcast:
Comcast Reports Third Quarter 2007 Results — 13% growth in Cable Operating Cash Flow — Board of Directors authorizes $7 billion increase to Share Repurchase — Repurchased $1.9 billion year to date or 70 million Comcast shares — Financial Tables
Dominic Kennedy / Times of London:
Labour 'conspired with phone companies to keep prices high' — Labour conspired with mobile-phone companies to let them impose high bills on consumers for international calls, according to documents obtained by The Times. — Frank messages involving civil servants and a minister detail …
Discussion:
The Register
Greg Sterling / Search Engine Land:
Live Search Almost Certainly Coming To Facebook — During this afternoon's Microsoft-Facebook conference call, the question was asked whether the new deal would include paid search. Microsoft's Kevin Johnson and Facebook's Owen Van Natta declined to directly answer the question …
RELATED:
Brad Stone / New York Times:Microsoft Buys Stake in Facebook
Discussion:
Profy.Com, CNNMoney.com, Business Week, ContentBlogger, MediaBytes with Shelly …, CNET News.com, Lost Remote and Macsimum News
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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BBC:
Virtual worlds threaten 'values' — The growing number of toy-themed virtual worlds aimed at young people risks undermining the basic human values we wish to instill in children. — So said industry veteran Lord Puttnam opening a London conference devoted to discussing virtual worlds.
Discussion:
Wonderland
