Top Items:
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:
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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.
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.
Michael Arrington / TechCrunch:
Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company
Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company
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, FORTUNE: Apple 2.0, MacDailyNews, Wired News, 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?
Ryan Block / Engadget:
Leopard reviews coming in, usual suspects agree: it's all gravy — It's not like we really expected scathing, Apple-coring criticism from the likes of the same motley crew Apple supplied pre-release iPhones to (namely: Walt Mossberg of WSJ, David Pogue of NYT, and Ed Baig of USA Today …
Discussion:
Valleywag
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.
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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.
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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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 …
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 …
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 …
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 …