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12:25 PM ET, May 7, 2008

Techmeme

 Top Items: 
Larry Alder / Official Google Blog:
Investing in the future of the open Internet  —  As you may have read, Google, Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have entered into an agreement to invest $3.2 billion in a new wireless broadband company.
RELATED:
Erick Schonfeld / TechCrunch:
$3.2 Billion WiMax Deal Goes Through.  Take Cover.  —  The deal to combine Sprint Nextel's and Clearwire's fledgling WiMax businesses that was rumored last March is finally expected to go through.  Comcast and Intel are supposed to put in $1 billion each; Time Warner, $550 million; Google …
Discussion: eWeek
Eric Savitz / Tech Trader Daily:
Sprint, Clearwire Make It Official, Form WiMax Venture  —  Sprint (S) and Clearwire (CLWR) this morning made it official, an announced the combination of their two projects to launch a nationwide wireless broadband service using WiMax technology.  —  The WSJ had most of the terms in their story yesterday …
Clearwire News Room:
Sprint and Clearwire to combine WIMAX businesses, creating a new mobile broadband company  —  Intel, Google, Comcast, Time Warner Cable and Bright House Networks to Invest  —  $3.2 Billion in Combined Company, at Target Price of $20.00 per Share  —  Formation of New Company Brings Together …
Michelle Chapman / Associated Press:
Clearwire, Sprint Nextel to form $14.55B wireless company
Discussion: The Tech Report
Wall Street Journal:
Sprint Nears Deal With Clearwire
Yuri Kageyama / Associated Press:
Bill Gates says Microsoft going ‘independent’ way  —  TOKYO - Microsoft Chairman Bill Gates said Wednesday the company isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo.  —  He said in Tokyo that the company put “a lot of effort” …
Discussion: Mashable!, BetaNews and SarahLacy.com
RELATED:
Michael Arrington / TechCrunch:
Microsoft's Corporate Development Strategy Changing Daily  —  Microsoft Chairman Bill Gates told the press in Tokyo yesterday that the company “isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo.”  Their experience dealing with Yahoo, apparently, has put them off acquisitions altogether.
Discussion: Associated Press
Karl / DSLreports:
Comcast Considering 250GB Cap, Overage Fees  —  Insider provides details of new ‘protocol agnostic’ solution  —  A Comcast insider tells me the company is considering implementing very clear monthly caps, and may begin charging overage fees for customers who cross them.
RELATED:
John Timmer / Ars Technica:
Comcast mulling metered access, 250GB monthly bandwidth caps
Discussion: DSLreports
Matt Richtel / New York Times:
A $500 Million Week for Grand Theft Auto  —  SAN FRANCISCO — Grand Theft Auto IV, the latest iteration of the hit video game franchise, racked up first-week sales of $500 million, Take-Two Interactive, the game's publisher, plans to announce on Wednesday.  The report exceeded the sales expectations of analysts.
RELATED:
Steven Musil / CNET News.com:   ‘Grand Theft Auto IV’ makes a killing in first week
Arik Hesseldahl / Business Week:
Apple's Board: Still Room for Schmidt?  —  The Google CEO's spot on Apple's board could go from awkward to untenable as the search giant's mobile push brushes up against the iPhone  —  Until now, having Google Chief Executive Eric Schmidt sit on Apple's (AAPL) board of directors has made a lot of sense.
Erick Schonfeld / TechCrunch:
Is Yang Still In Control At Yahoo?  —  Here's the latest Yahoo rumor that we're chasing: The Yahoo board of directors met earlier today and authorized chairman Roy Bostock, not CEO Jerry Yang, to call Ballmer about re-starting negotiations.  In fact, this rumor may have been behind the small rally …
RELATED:
Kara Swisher / BoomTown:
Rumors of Jerry Yang's Dethroning Are Greatly Exaggerated
Discussion: Voices
Caroline McCarthy / The Social:
Brightkite: A bright future for mobile social networking?  —  “Do you have a Brightkite invite yet?”  —  I was asked that question at least three times at last month's Web 2.0 Expo in San Francisco, one of those gatherings where an invitation to the latest private-beta social network is a coveted status symbol.
CNN:
Viacom Chairman: Won't Tolerate Piracy By Video Sharing Web Sites  —  SEOUL -(Dow Jones)- Sumner Redstone, executive chairman of Viacom Inc. (VIA, VIAB) and CBS Corp. (CBS), Tuesday called on Internet operators to step up protection of content providers' copyrights and reiterated …
Matthew Moskovciak / CNET News.com:
Pioneer offers up 2 new Blu-ray players  —  Pioneer has announced two new Blu-ray players this morning, the BDP-51FD and step-up Elite BDP-05FD.  Pioneer has so far taken a decidedly high-end approach to the Blu-ray market, with the company's initial players selling for upward of $1,000.
Discussion: eWeek, Electronista and Engadget
Mary Jo Foley / All about Microsoft:
Microsoft Live Mesh to get more competition — from Sun  —  At the opening day of JavaOne on May 6, Sun officials began laying out their vision for a future cloud-computing platform, code-named Hydrazine, that Sun plans to field against competitive offerings from Microsoft, Google, Amazon and others.
Discussion: Wide Awake Developers and eWeek
Bill Ray / The Register:
BT Fusion rises again  —  Son of Fusion is here - BT has launched what it's calling “Total Broadband Anywhere”, with Windows Mobile handsets from HTC and membership of BT's FON network.  —  Last time we discussed Fusion with BT they told us it was far from dead, and while this new offering might lack …
Discussion: Electronista
 
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 More Items: 
Allan Leinwand / GigaOM:
Web 2.0, Please Meet Your Host, the Internet
Discussion: MarketingShift
Henry Blodget / Silicon Alley Insider:
$1 Billion of Cash Flow For Yahoo-Google Search Deal? Keep Dreaming
Discussion: CNET News.com
Chris Foresman / Infinite Loop:
Apple rolls out 5th beta of iPhone SDK, UIKit still in flux
Zachary Rodgers / ClickZ:
Spot Runner Adds to War Chest, May Move Into Print
Joel Hruska / Ars Technica:
AMD: Intel's misdeeds killing our long-term sustainability
Scott Ferguson / eWeek:
Dell Expands Virtualization Offerings
Discussion: The Register
Anne Broache / CNET News.com:
Ban ‘Second Life’ in schools and libraries, Republican congressman says
Nate Anderson / Ars Technica:
Senator to ISPs: “Think twice” about 'Net neutrality... or else
Discussion: CNET News.com and Digg
 Earlier Items: 
Michael Perry / Reuters:
Pope goes digital to better connect with youth
Ernesto / TorrentFreak:
Test: Does Your ISP Slow Down BitTorrent Traffic?
Discussion: DSLreports
Kristen Nicole / Mashable!:
Mozilla's Tower of Babel, Powered by Mindtouch
Discussion: VentureBeat and CenterNetworks
John Oates / The Register:
Peter Gabriel's website is back
Timothy Lee / Techdirt:
Facebook Can Be Fun, But It's Also Useful
Andy Kessler:
WSJ: The War for the Web
Nathan Willis / Linux.com:
What can you do with a second Ethernet port?
Discussion: Digg
Greg Sandoval / Washington Post:
Washingtonpost.com wants identities of readers who post comments