Top Items:


Microsoft to buy semantic search engine Powerset for $100M plus — Microsoft, the software giant flush with billions of dollars in its warchest, has agreed to buy Silicon Valley semantic search engine Powerset, we've learned. — The purchase price is rumored to be slightly more than $100 million.
RELATED:


More on Yahoo's Reorg: Dietzen Is Garlinghouse Replacement — As BoomTown reported last night, the Yahoo (YHOO) reorg will be unveiled later this morning, with the slate of execs that this column outlined last week in its gory-oops, I mean, glorious-detail.
RELATED:

Yahoo! Announces Realignment to Support Core Strategies — Centralizes Audience Product Development; Forms New U.S. Region; — Realigns Technology Organization — SUNNYVALE, Calif.—(BUSINESS WIRE)—Yahoo! Inc. (Nasdaq:YHOO - News), a leading global Internet company …


Yahoo Reorg Is On: New Jobs For Ash Patel, Hilary Schneider (YHOO) — As Kara Swisher predicted earlier, Yahoo has announced changes to its org chart. — Three new teams will report to president Sue Decker: Audience products, led by Ash Patel, who previously led Platforms and infrastructure …


Internet overhaul wins approval — A complete overhaul of the way in which people navigate the internet has been given the go-ahead in Paris. — The net's regulator, Icann, voted unanimously to relax the strict rules on so-called “top-level” domain names, such as .com or .uk.
Discussion:
Techdirt, Andy Beal's Marketing Pilgrim, DSLreports, CircleID, Mashable!, Agence France Presse, Digital Daily and Lockergnome
RELATED:

Biggest Expansion to Internet in Forty Years Approved for Implementation — Paris, France: The Board of ICANN today approved a recommendation that could see a whole range of new names introduced to the Internet's addressing system. — “The Board today accepted a recommendation …

.confusion: ICANN opens up Pandora's Box of new TLDs
Discussion:
Slashdot


Google's multi-million dollar welcome to new CFO — Google finally named a replacement for its outgoing chief financial officer, George Reyes. He is Patrick Pichette who comes to the search juggernaut after seven years at Bell Canada. — So how do you make a new top executive feel at home …
RELATED:

Microsoft tries to hit VMware where they ain't — In Field of Dreams, Kevin Costner is wary of building a baseball diamond on his farm, which is already near foreclosure. But a voice tells him, “If you build it, they will come.” — Microsoft has the same vision for its virtualization technology.
RELATED:


MySpace Opens Up The Data Pipe With Full Launch Of Data Availability — MySpace was the first of the Big Three to announce tools for third party sites to integrate MySpace user data into their services (called, collectively, Data Availability). A day later Facebook announced Facebook Connect …


Apple Orders Lots More iPhones; More iPods, Macs (AAPL) — Last time FBR Research analyst Craig Berger checked in with Apple's suppliers, he reported that Apple had slightly cut its iPhone build orders, and could cut them again. — Good news: Now he says Apple has revised those orders …


Bill Gates and the Greatest Tech Hack Ever — Bill Gates has pulled off one of the greatest hacks in technology and business history, by turning Microsoft's success into a force for social responsibility. Imagine imposing a tax on every corporation in the developed world …


Google Tests the New iGoogle — Announced in April, the new version of iGoogle that brings social applications is tested in a small number of randomly selected Google accounts. — The new iGoogle places the tabs on the left-hand side of the page and you can expand the tabs to see the list …

I've Seen the Future, and It Has a Kill Switch — It used to be that just the entertainment industries wanted to control your computers — and televisions and iPods and everything else — to ensure that you didn't violate any copyright rules. But now everyone else wants to get their hooks into your gear.

Microsoft Reaches for Clouds and Deepens Mobile Possibilities With Planned MobiComp Acquisition — Company's expertise in mobile personal data protection and management to come to Microsoft. — Microsoft Corp. today announced it intends to acquire MobiComp, a company that helped pioneer …