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10:20 AM ET, May 15, 2008

Techmeme

 Top Items: 
Joseph Weisenthal / paidContent.org:
BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium  —  CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash.  The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night's closing price of $7.95.
RELATED:
Peter Kafka / Silicon Alley Insider:
LIVE CALL: CBS Buying CNET For $1.8 Billion  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?  —  If you take the JANA team's argument at face value …
PR Newswire:
CBS Corporation To Acquire CNET Networks, Inc.  —  CBS to Become a Top Ten U.S. Internet Company with Unparalleled Content and Reach, Boasting Approximately 200 Million Monthly Unique Users Worldwide  —  CNET Networks' CNET, ZDNet, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET …
Margaret Kane / CNET News.com:
CBS to buy CNET Networks  —  CBS has agreed to acquire CNET Networks in a deal valued at $1.8 billion, the companies said Thursday.  —  The purchase price comes to $11.50 per share, representing a 44 percent premium over Wednesday's closing price of $7.95.
Allen Stern / CenterNetworks:
Live Reporting: CBS/CNET Acquisition Call  —  Below are our live notes from the conference call regarding CBS' plan to acquire CNET.  —  8:57 - call has concluded - read up from the bottom.  —  8:55 Doug Mitchelson Deutsche Bank - when you look out 3-5 years, do you think this deal will bring you enough scale?
Allen Stern / CenterNetworks:   Breaking: CBS to Acquire CNET for $1.8 Billion
Eric Savitz / Tech Trader Daily:
At The Churchill Club: The Top 10 Tech Trends  —  I'm at the Fairmont Hotel in San Jose tonight, for the Churchill Club's annual Top 10 Tech Trends Dinner.  This is the club's 10th annual tech trend panel.  Making the picks:  — Steve Jurvetson, Draper Fisher Jurvetson.  — Vinod Khosla, Khosla Ventures.
Wall Street Journal:
Icahn Will Launch Proxy Contest To Unseat Yahoo's Entire Board  —  Billionaire investor Carl Icahn is launching a proxy contest to unseat Yahoo Inc.'s board of directors, according to a person close to the matter — a move aimed at pressuring the Internet company to reach out to Microsoft Corp. to re-start sale discussions.
RELATED:
Brian Caulfield / Forbes:
Advice For Jerry Yang  —  Steve Kirsch is one of a handful of people who can appreciate what Yahoo! Chief Executive Jerry Yang is facing right now.  —  The entrepreneur and former chief executive of Infoseek, a search engine that has withered away since being acquired by Disney, thinks Yahoo! …
Michael Arrington / TechCrunch:
Confirmed: Comcast Bought Plaxo, Deal Closed Today  —  The rumors were accurate: Comcast will announce their acquisition of social contact list Plaxo today.  Financial terms are not being disclosed, but the purchase price is between $150 and $170 million.  Plaxo, which was founded in 2002 …
RELATED:
John / Plaxo's Personal Card:
Comcast to Acquire Plaxo; Pulse to Become Central to Creating Unified “Social Media” Experience Across the Web, the TV (and more)  —  Big doings at Plaxo today!  We are really excited to announce some of the biggest news in the history of Plaxo: We have just signed an agreement** to be acquired by Comcast …
Philip Elmer-DeWitt / Apple 2.0:
Anatomy of a rumor: The Atom-powered Newton iPhone  —  As Winston Churchill might have put it, an Apple rumor can fly halfway around the world before truth has a chance to get its boots on.  —  Case in point: the iPhone mini-tablet story that broke Wednesday afternoon in Germany.
RELATED:
Mike Jones / Official Google Maps API Blog:
Introducing the Google Maps API for Flash  —  Here at Google, we receive a lot of feature requests - and it feels great every time we fulfill one of them.  The ability to utilize the power of Google Maps from Flash is one of those requests that has been popping up on blog posts and other forums since …
RELATED:
Henry Mitchell / Google LatLong:
Explore places with photos, videos, and more
Associated Press:
Nintendo hit with $21 million patent infringement  —  LUFKIN, Texas - Nintendo of America Inc. was ordered to pay a small East Texas gaming company $21 million Wednesday for infringing on a patent while designing controllers for its popular Wii and GameCube systems.
Discussion: CNET News.com and Gizmodo
RELATED:
Thomas Ricker / Engadget:
Nintendo ordered to pay $21 million to patent troll
Discussion: Electronista
Scott M. Fulton, III / BetaNews:
Android faces a tougher battle, with Verizon and Mozilla backing LiMo  —  The road ahead for Google's Linux platform for mobile devices just got a little cloudier, with two of the companies whose allegiance it would need to ensure its success, this morning announcing they're backing its principal competitor.
RELATED:
Cade Metz / The Register:
Verizon shuns Android for LiMo
Discussion: Ars Technica
Stephen Shankland / CNET News.com:
Ask.com to buy Dictionary.com owner  —  Ask.com, the fourth-ranked search engine, plans to increase its heft through an agreement to acquire Lexico Publishing Group, which operates the Dictionary.com, Thesaurus.com, and Reference.com Web sites.  —  Ask.com didn't release terms of the acquisition …
RELATED:
Staci D. Kramer / paidContent.org:
Lexico, Dictionary.com Being Acquired By Ask.com; Price In $100 Million Range
Mark Hendrickson / TechCrunch:
Amazon Funds Animoto Music Video Creator  —  Amazon has taken a special interest in one of its web service customers: Animoto, the machine-driven music video creator that launched last August and now has over 160,000 users.  The online retail giant has decided to fund the startup with an undisclosed amount of money.
Discussion: The Next Web, VentureBeat and Mashable!
Stephen Baker / Blogspotting:
The Twitter Story I've been working on  —  Here it is.  Got held up a bit because BW Online wanted to run an edited version.  This is what I sent Tuesday night.  Please suggest fixes and adds.  —  It's easy to laugh at nonsense on Twitter, the micro-blogging rage. “my nose is leaking,” …
 
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 More Items: 
David Eaves / SEOCO:
Yahoo! Gets With The IP Delivery
DigiTimes:
Fujitsu announces Intel Atom-based UMPC
InfoWorld:
Sharp reveals progress in consumer-use fuel cells
Discussion: Engadget
Andrew Lavallee / Wall Street Journal:
Embarq to End Wireless Resale Deal With Sprint
Discussion: DSLreports and mocoNews.net
Ionut Alex Chitu / Google Operating System:
Google Doctype, an Encyclopedia for Web Developers
Liz Gannes / NewTeeVee:
NBC Direct, Take Two, Out for Testing
Discussion: Beet.TV
Mark Hendrickson / TechCrunch:
Strands Absorbs Another Personal Finance Company
Discussion: GigaOM and CenterNetworks
Eric Lempel / PlayStation.Blog:
Firmware (v2.35) Coming Soon
 Earlier Items: 
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces
Richard Verrier / Los Angeles Times:
Actors don't want to lose grip on Web clips
Discussion: Podcasting News
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me
Discussion: Smart Mobs
Janet / Small Business Blog Attard:
Overstock.com Drops NY Affiliates
Mike Ricciuti / Webware.com:
Adobe set to test new Flash Player
Walter S. Mossberg / Personal Technology:
Cellphone Headsets With Less Bulk, Background Noise
Ionut Alex Chitu / Google Operating System:
Google Spreadsheets Can Be Edited by Anyone
Mark Cuban / Blog Maverick:
Beating Google ?  —  Is there anything more fun than sitting around …
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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