Top Items:
Robert X. Cringely / InfoWorld:
Look before you leak — I bet you thought people banked in the Cayman Islands because they serve fruity cocktails with tiny parasols in them while you're waiting for your checks to clear. Well, you're only partly right. The other reason people keep accounts in the Caymans is to avoid paying taxes …
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Reuters:
Sharper Image files for Chapter 11 bankruptcy — NEW YORK (Reuters) - Retailer Sharper Image Corp has filed for Chapter 11 bankruptcy protection, citing declining sales, three straight years of losses and litigation involving its Ionic Breeze air purifiers.
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Adam Frucci / Gizmodo:
Sharper Image Files for Bankruptcy; You'll Need to Go Elsewhere to Try Out a Massage Recliner — When I was a kid and would get dragged to the mall by my parents, I would always gravitate to stores like Sharper Image. These gadget-stuffed stores probably never actually got a sale out of me …
Brad Linder / Download Squad:
Microsoft releases Windows XP SP3 RC2 — Microsoft has released Windows XP Service Pack 3 Release Candidate 2 to the general public. For the last few weeks the latest pre-release version of SP3 was only available to about 15,000 beta testers. But now you can download the update from Microsoft's servers using Windows Update.
Discussion:
WinBeta
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Brandi Stewart / Fortune Small Business:
eBay seller strike starts, listings dip — EBay's listings appear to be down 3% since this week's seller strike began, but separating the boycott's effects from standard daily fluctuations is a tricky task. — (FORTUNE Small Business) — Monday marked the start of a week-long eBay (EBAY …
Discussion:
ReadWriteWeb, Tech Confidential, Download Squad, Mashable!, Silicon Alley Insider and MarketingShift
Reuters:
Sprint expected to undercut rivals' call plans — NEW YORK (Reuters) - No. 3 U.S. mobile service provider Sprint Nextel Corp (S.N) is expected to offer flat-rate calling plans at up to a 40 percent discount to its rivals, hurtling the industry into a price war, analysts said on Wednesday.
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Ina Fried / CNET News.com:
Gates on Yahoo: It's the people — PALO ALTO, Calif.—Bill Gates is willing to pay a lot for engineering talent. — Asked what makes Yahoo worth more than $40 billion, Gates pointed not to the company's products, its huge base of advertisers or its market share, but rather to the company's engineers.
Discussion:
Between the Lines, The Technology Chronicles, Network World, Valleywag and Associated Press
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Greg Sterling / Search Engine Land:Gates On Yahoo Acquisition: It's The Engineers We Want
Discussion:
CNET News.com
Ryan Block / Engadget:
Microsoft announces games for Zune via XNA Studio — Looks like games are coming for the Zune after all! Microsoft just announed XNA Studio developers will be able to use the Zune as a multiplayer wireless mobile gaming platform. Details are sparse at this point, but it looks like it's …
Ernesto / TorrentFreak:
EU Invests $22 Million in Next-Generation BitTorrent Client — A few weeks ago we reported that the EU Greens launched a pro-filesharing campaign named “I Wouldn't Steal”. In a continued effort to support the development of P2P technology, the European Union has now invested $22 million …
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Thomas Ricker / Engadget:
HP's UMPC 2133 to cost $630 when shipping in April? — A report by the Commercial Times says that HP will launch its 8.9-inch UMPC in April for “more than” NT$20,000 or about $630 bucks. Sure sounds like the UMPC 2133 we showed you yesterday, eh? That's about right when you compare it to the $300, entry-level 7-inch Eee PC.
Discussion:
Electronista, UMPCPortal, The Mobile Gadgeteer, The Boy Genius Report, Mobility Site, The Register and Digg
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Om Malik / GigaOM:
Google & Its 99 Broadband Balloons — Google, according to The Wall Street Journal is thinking about teaming up with Space Data Corp., a company that sends balloons carrying small (micro) base stations about 20 miles up in the air for providing connectivity to truckers and oil companies.
Michael Arrington / TechCrunch:
GenieTown Launches To Tackle Local Services — Palo Alto-based Genie Town launches this morning. They're trying to crack the local services nut - a huge market, but one that a lot of the big guys are eyeing, too. — The company says they are addressing the long tail of local services.
Discussion:
Tech Confidential, Insider Chatter, Screenwerk, Rational rants, 901am, CenterNetworks, bub.blicio.us, VentureBeat and Mashable!
Ashkan Karbasfrooshan / HipMojo.com:
Why Most VC-Backed, Ad-Supported Companies Are Doomed to Fail — Most of the web projects out there are ad-supported, or intend to be ad-supported. — While a lot of companies are bootstrapped, most are financed by angel investors or venture capitalists.
Discussion:
Tech Confidential
Niro / Nir Ofir:
Olympic committe says yes to bloggers!?! No! — The IOC Blogging Guidelines just fell into my mailbox. It was clear to me the the Olympic committee must adjust it's rules to the emerging world of social media, blogging, photo sharing and video sharing and to use it as an advantage.
Discussion:
ReadWriteWeb
Jason / Signal vs. Noise:
The New Backpack's First 24 Hours — Yesterday's big Backpack update was a huge success. It was the best day in Backpack's history — even better than the last big update in July '07 and add anywhere in Oct '07. — We usually don't share numbers, but we thought we'd break tradition …
Brooke Crothers / CNET News.com:
Dell launches Inspiron notebooks with ‘Penryn’ chip — As expected, Dell is now offering Inspiron notebook PCs with the Intel Core 2 Duo “Penryn” chip as an optional configuration. This is the first time that Dell has included the 45-nanometer processor as an option in the consumer-oriented Inspiron line.
Chris Williams / The Register:
BBC mulls dropping Flash as iPlayer meets iPhone — iDontbelieveit! — The BBC is considering ditching Adobe's Flash system for its iPlayer streams to improve the video quality of the on-demand service, it said on Tuesday. — The news came alongside an announcement that iPlayer …
