Top Items:
Eric Eldon / VentureBeat:
Facebook to let employees sell some stock — at internal $4 billion valuation — Facebook has an internal valuation of $4 billion, as we've previously reported. It will begin letting current employees sell 20 percent of their fully vested stock options at that valuation, starting this fall, I've learned from well-connected sources.
Discussion:
Digital Daily, Pulse 2.0, Valleywag, Webware.com, Furrier.org, The Social Times and WebProNews
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Peter Kafka / Silicon Alley Insider:
Is Facebook Letting Employees Cash Out? — Facebook employees are in an enviable position: Each of them owns a small piece of a company that's worth billions of dollars, which means each of them is looking at the prospect of a windfall — one day. But until Facebook sells or goes public …
Eric Eldon / VentureBeat:
LinkedIn, like Facebook, is letting employees sell some stock early — LinkedIn is letting employees sell up to twenty percent of their vested stock options at a $500 million valuation, I've learned from a source. Another source tells me that the plan was announced at a recent company meeting, but they didn't give me the details.
Discussion:
paidContent.org
Kara Swisher / BoomTown:
Yahoo Shareholder Vote Number-Crunching- Whither Cap Re's No Vote? — There is a mini-tempest brewing over how shares were tallied in the Yahoo annual meeting last Friday, specifically around whether a group of votes withheld by one of Yahoo's major shareholders was not counted …
Alana Semuels / L.A. Times Tech Blog:
Why is Sanjay Jha so popular on Google? — Who the heck is Sanjay Jha? He had risen to the top of Google's Hot Trends rankings, which means he was being searched for vigorously. — People were probably looking for the Sanjay Jha who until recently was chief operating officer of Qualcomm, the San Diego-based chip maker.
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Philipp Lenssen / Google Blogoscoped:
Google Translation Center, a New Human Translations Service in the Making — Google is working on a new service called Google Translation Center. Just a short while ago, we noticed that “center” had been added to Google's robots.txt file, and now co-editor Tony Ruscoe discovered the link …
Discussion:
TechCrunch, Search Engine Watch Blog, CNET News.com, WebProNews, InformationWeek, Global by Design, Googling Google and The Inquisitr
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MG Siegler / VentureBeat:
Got iBugs? Get your iPhone 2.0.1 software now — It's been just over three weeks since the launch of the iPhone 3G and the 2.0 software for the iPhone. If there is one thing that everyone can agree on, it's that the software is fairly buggy. — Today comes the first update …
Jon Stokes / Ars Technica:
Larrabee: Intel's biggest leap since the Pentium Pro — Since the primitive 4004 chip first designed for a line of calculators, Intel has been a processor company. And in all of the company's decades of processor design and fabrication, Intel has seen only one truly disruptive change …
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Eric Savitz / Tech Trader Daily:
Appeals Court: Cablevision Can Offer Network DVR; Big Win For Cable; Bad News For Content, Satellite Cos — In a stunning ruling that has huge implications for the cable industry, the U.S. Court of Appeals in New York has cleared the way for Cablevision (CVC) to offer so called “network DVRs …
David Kravets / Threat Level:
Judge Hints at Mistrial in RIAA v. Jammie Thomas — DULUTH, Minnesota — The federal judge who presided over the nation's only peer-to-peer copyright-infringement trial announced from the bench here Monday that he is likely to declare a mistrial. — “Certainly, I have sent a signal …
Peter Kafka / Silicon Alley Insider:
Shawn Fanning's Incredible Shrinking Pay Day: EA Bought Game Company for $15M, Not $30M — From the can't-believe-everything-you- read department: Earlier this year, reports circulated (which we repeated) that Napster founder Shawn Fanning had finally made some real money by selling …
Joop Dorresteijn / The Next Web:
Feedburner hack: how to get 2500 subscribers overnight (video) — Established blogs like ReadWriteWeb and Techcrunch proudly show a Feedburner chicklet that displays the sites popularity. But beware - since people are more likely to subscribe to a site with a bigger amount of readers, some sites manipulate the counter.
Mark Wilson / Gizmodo:
Apple Yanks Another Popular App from iTunes, This Time Box Office — Last week, Apple quietly stopped distributing NetShare, put it back up, and now appears to have pulled it again. But what could we expect? It was a piece of software allowing users to transform their iPhones into Wi-Fi hotspots.
Caroline McCarthy / The Social:
In online ad space, blank-faced hipsters in panties prove powerful — It's no surprise to anyone who reads blogs about celebrity gossip, nightlife, indie music, or pretty much any other niche of pop culture: American Apparel, the Los Angeles-based retailer infamous for bringing back the '80s aerobics look …
Discussion:
Valleywag
Kit Eaton / Gizmodo:
MPAA Want to Bung-Up “Analog Hole,” Disable Piracy-Enabling Cable Box Outputs — Movies movies movies... we all love a good show, but the lovely MPAA is up to some pretty strange shenanigans to ensure that you get to see some shows just once—until they're out on DVD at least.
Discussion:
Digital Media Wire
Theo Valich / TG Daily:
AMD Fusion details leaked: 40/32 nm, dual-core CPU, RV800 graphics — Taipei (Taiwan) - AMD pushed Fusion as one of the main reasons to justify its acquisition of ATI. Since then, AMD's finances have changed colors and are now deep in the red, the top management has changed …
ChinaTechNews.com:
Microsoft May Become First Defendant In Chinese Anti-monopoly Lawsuit — As China's first anti-monopoly law went into effect on August 1, 2008, Microsoft (MSFT) has been targeted by Chinese IT companies for suspected monopolistic activities and may become the first defendant in a Chinese anti-monopoly lawsuit.
Discussion:
Tech Beat
