Top Items:


Apple's App Store could emerge as $1.2B business by 2009 — Investment bank Piper Jaffray is urging investors who typically focus only on Apple's hardware announcements to also pay attention to the company's iPhone software strategy, particularly its upcoming App Store, which could balloon into a $1 billion market by next year.
Discussion:
MacRumors iPhone Blog, DailyTech, mathewingram.com/work, Pulse 2.0, SmoothSpan Blog and Macsimum News
RELATED:

WWDC survey suggests 70% of planned iPhone apps may be free — If a survey of developers attending Apple's Worldwide Developers Conference this week is of any indication, the average cost of a third-party iPhone application will fall well below $3.00, with the vast majority being made available at no cost at all.
Discussion:
PC World, The Unofficial Apple Weblog, Insanely Great Mac, InformationWeek and IntoMobile

Piper Jaffray Mint Announces Apple App Store $1.2 Billion Commemorative Coin
Discussion:
VentureBeat


Starbucks and AT&T reach deal with T-Mobile — NEW YORK (Reuters) - Starbucks Corp (SBUX.O), AT&T Inc (T.N) and T-Mobile (DTEGn.DE) have reached a deal to resolve T-Mobile's claim that the coffee chain secretly colluded with AT&T to offer free Wi-Fi Internet access in its cafes despite …
RELATED:

T-Mobile, AT&T, Starbucks Make Nice about Wi-Fi
Discussion:
Electronista

Microsoft testing prototype of Facebook-like social network — At the request of its SharePoint and Office product development teams, Microsoft 's Office Labs operation has created and is testing a prototype of an internal social network that can provide employees with feeds and updates about their colleagues.
Discussion:
Webware.com, The Inquisitr, DailyTech, All about Microsoft, WebProNews, Electronista, Pulse 2.0 and Microsoft Research

Court Rules That Selling Promo CDs Is Perfectly Legal — There was a big win for copyright and the concept of the first sale doctrine today, as a court has ruled that record labels cannot stop the sale of a promo CD just because it's stamped with a message that says “not for resale.”
Discussion:
Electronic Frontier Foundation
RELATED:

SIA Forecast: Semiconductor Sales on Record Pace Despite Slower Growth — SAN JOSE, Calif. - June 11, 2008- Healthy demand from key end-markets will keep worldwide semiconductor sales at record levels through 2011, the Semiconductor Industry Association said today.
RELATED:

Moving Away From WiMax, Nortel Shifts Focus to LTE — Nortel Networks Corp. said Wednesday it is reducing its investment in developing the ultrafast wireless Internet technology called WiMax to focus its research dollars on a competing technology preferred by major U.S. and European carriers known as LTE.
RELATED:

A Nortel Comeback? Verizon Deal Cheers Stock
Discussion:
BloggingStocks


Mac OS X Snow Leopard Drops PowerPC Support? — LogicielMac publishes a screenshot of the system requirements for Mac OS X Snow Leopard which was seeded to developers this week. The requirements list the following: — An Intel Processor — An internal, external, or shared DVD drive


Apple Introduces iPhone 3G Videoconferencing Kit, ZOMG! — Those of you complaining about the lack of front camera and videoconferencing in the new iPhone, stop saying words. This July 11 you will be able to buy the Apple Videoconferencing Kit for iPhone 3G at just $29.

RHX: Lessons Learned — We are just beyond the first year anniversary of RHX, Red Hat's program for open source software vendors. Rumors of its death have been greatly exaggerated. RHX is different now. The team is smaller and the target market is different; but, fundamentally, RHX is smarter.

The truth about last year's Xbox 360 recall — ANAHEIM, Calif. — When Microsoft Corp. announced a mammoth global recall of its Xbox 360 a year ago, the software giant never disclosed the exact source of the game console's heat problem that led to the fiasco.


Google Co-Founder Books a Space Flight — Space tourists are getting their own ride. Space Adventures, a Virginia company that arranges passage for wealthy explorers to ride on Russian Soyuz rockets to the International Space Station, plans to buy a Soyuz flight all its own in 2011, with the option of buying more.


And, The Really Big Thing About The New iPhone Is... GPS. Geo-anything. Location based services. — Now that the dust over the iPhone 3G launch has settled, it seems that people have divided into two camps; one is welcoming the new features, claiming that the perfect phone just got more perfect …


Turning the TV into a ‘social-media center’ — LOS ANGELES—Boxee wants to give Steve Ballmer what he wants. — The Microsoft CEO complained recently how unsocial the television set is compared to the Web. — “My son will stay up all night basically playing Xbox Live with friends …


At Glassdoor, Find Out How Much People Really Make At Google, Microsoft, Yahoo, And Everywhere Else. — The idea behind Glassdoor is simple: You tell me your salary, and I'll tell you mine. The stealth startup, which raised $3 million from Benchmark Capital last March, just went live.
Discussion:
Forbes, Salon, Associated Press, GMSV, AppScout, The Local Onliner, Computerworld, Todd Bishop's Microsoft Blog, Ars Technica, BetaNews, Alec Saunders SquawkBox, Screenwerk, Lifehacker, Download Squad, Web Strategy, CNET News.com, Switched, The Inquisitr, Startup Meme, STARTUP CHATTER, Tech Ticker and Epicenter


Firefox 3 gets a third release candidate — If you were planning to host a Firefox 3 launch party this week, keep that bubbly on ice a bit longer. — Mozilla is expected to release Firefox 3 Release Candidate 3 perhaps later today. Windows and Linux users won't feel a thing; the new browser is considered stable on those platforms.

CDs Have Another Thing To Fear: Vinyl? — There has been no doubt that CD sales have been declining due to the growth of digital music. Well, CDs are now being flanked by an old format: vinyl. Although vinyl LPs have always enjoyed a niche popularity with dance djs and indie rock fanatics …