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AOL to Acquire Global Social Media Network Bebo — NEW YORK—(BUSINESS WIRE)—AOL announced today that it has entered into an agreement to acquire Bebo (http://www.bebo.com), a leading global social media network. Together with its AIM and ICQ personal communications network …
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Bebo: By the (Not So Big) Numbers — What's AOL getting for its $850 million in cash to purchase of social-networking site, Bebo? — A very attractive social-networking service and a very experienced exec who has been running it. — But, perhaps more importantly for those who focus on pesky numbers …


AOL Buys Bebo For $850 Million — I'm not going to say that we told you so, but we told you so. — AOL has acquired social networking site Bebo for $850 million in cash. AOL CEO Randy Falco (left in picture) sent an email to all AOL employees this morning. Allen Stern's press call notes are here.
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Fortune, paidContent.org, TechCrunch UK, CenterNetworks, Silicon Alley Insider, PE Hub Blog, Patricia Handschiegel and broadstuff


AOL to Acquire Social Media Network Bebo — AOL has entered into an agreement to acquire Bebo, a leading global social media network. Founded in 2005, Bebo now has 40 million members worldwide. Together with AIM and ICQ, AOL will have a social network of approximately 80 million unique users worldwide …

Bebo To AOL for $850 Million
Discussion:
paidContent.org, eWeek, Silicon Alley Insider, Between the Lines, VentureBeat, HipMojo.com, Valleywag, The Register, WebProNews, Fred Destin and The Drama 2.0 Show

Let's Justify Facebook's $300-Per-User Valuation
Discussion:
Mashable!

Analyzing AOL-Bebo; Impact on Yahoo-Microsoft?
Discussion:
HipMojo.com


Yahoo Embraces The Semantic Web - Expect The Internet To Organize Itself In A Hurry — Yahoo's embrace of all things open continues today - expect an announcement in an hour or so that they are expanding their Open Search Platform that we wrote about last month.
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The Yahoo! Search Open Ecosystem — A few weeks ago, we began talking about the new Yahoo! Search open platform. Today, we're releasing more details about two important components of the initiative — the developer platform as well as our support of a number of semantic web standards.

And Nerds Became Kings: Yahoo! to Announce Semantic Web Support
Discussion:
Search Engine Land


Apple TV DVR interface revealed in patent filings — A series of Apple patent filings published this week reveal a version of the Apple TV media device capable of browsing and recording live television programming in addition to serving up pre-aired content from the company's iTunes Store.
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“A Listers” Are Beta Junkies — I know Louis Gray is a huge fan of FriendFeed but with all due respect, his enthusiastic post today on how a bunch of “elite bloggers” (aka A-Listers) have flocked to FriendFeed strikes me as, well, promotional. — A more accurate assessment may be that FriendFeed …
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iPhone 2.0 “sneak peek” — There has been a lot of talk about the new iPhone firmware and its enterprise capabilities. Well, the iPhoneDevTeam has cracked the 2.0 (actually 1.2) firmware and created a version of the firmware that works with any GSM SIM card without difficult incantations and installations.

Nerve-tapping neckband allows ‘telepathic’ chat — A neckband that translates thought into speech by picking up nerve signals has been used to demonstrate a “voiceless” phone call for the first time. — With careful training a person can send nerve signals to their vocal cords without making a sound.
Discussion:
Good Morning Silicon Valley, Crave, Today @ PC World, Gizmodo, Switched, Boing Boing Gadgets and Coolest Gadgets
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Source: Yahoo in informal talks with Microsoft — Microsoft and Yahoo are holding informal merger discussions, marking a shift from the “radio silence” that previously existed between the two companies, according to a source familiar with the talks. — A lot has changed over the past two weeks …


The Lost Features of Google — Google created tons of products in the past. And some of them, they removed again after finding that they didn't work, required too many resources, didn't take off, or were overshadowed by legal concerns. Here are some of the “lost” Google services and features.

DirecTV to Start On-Demand — In its yearslong battle with cable-TV operators, DirecTV Group Inc.'s Achilles' heel has been its inability to offer any sort of video-on-demand service. The company intends to change that. — The No. 1 satellite-TV provider by subscribers is testing …

Harvard Graduate School of Arts and Sciences hacking incident — A Harvard Graduate School of Arts and Sciences (GSAS) Web server that contained summaries of GSAS applicant data for entry to the Fall 2007 academic year, summaries of GSAS housing applicant data for the 2007-08 and 2006-07 academic years …

Our solutions for ad serving — Earlier this week, we completed our acquisition of DoubleClick. Together, we're now focused on building a full suite of products and tools that help publishers of all sizes improve productivity, manage their inventory, generate additional revenue opportunities …
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eWeek, Googling Google, CNET News.com, The Register, BetaNews, Andy Beal's Marketing Pilgrim, Search Engine Land, Compiler and 901am