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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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:
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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 …
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.
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:
Computerworld
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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 …
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 …
Discussion:
Digital Daily, Mercury News, Seattle Post-Intelligencer, Valleywag, Business Week, Wall Street Journal and CNET News.com
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Sue Polinsky / Download Squad:
At the Top of Google — I haven't met two small business owners in a meeting where one doesn't ask how to get his or her site to the top of the Google search results list. There are transparent reasons for wanting to be first: you get more clicks, your business seems important …
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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.
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David Pogue / New York Times:
Apple Offers New Goodies in Leopard System
Apple Offers New Goodies in Leopard System
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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.
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 …
Ben Worthen / WSJ.com:
Is Google Causing Microsoft to Drop its Prices? — Google chief Eric Schmidt didn't come out and say it, but the implication seems clear to us: Google Apps is forcing Microsoft to cut the price it charges for its Office software. — Schmidt was speaking to journalists at Google's Mountain View …
Bill Ray / The Register:
How many $$$s does Apple make from an iPhone? — Apple's figures came out on Tuesday, revealing that all is going well in Cupertino, but analysts crawling over the details are trying to work out if they reveal anything else besides - such as the revenue cut Apple is getting from every iPhone in use.
Discussion:
Bits