Top Items:
Joseph Weisenthal / paidContent.org:
The Next Chapter: Best Buy To Acquire Napster For $121 Million — Napster (NSDQ: NAPS) has fallen into the arms of a surprise buyer: Best Buy. The big-box electronics giant will pay $121 million or $2.65 per share. Shares of Napster closed at $1.36 on Friday, so this is nearly a double …
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Peter Kafka / Silicon Alley Insider:
Sold! Best Buy Swallows Napster For $121 Million (BBY) — Looks like Chris Gorog really was serious about selling off perenially troubled Napster (NAPS), after all. He's selling the company to Best Buy (BBY) for $121 million. That's $2.65 per share, which works out to be $54 million net of cash.
Business Wire:
Sign In — MINNEAPOLIS & LOS ANGELES—(BUSINESS WIRE)—Best Buy Co., Inc. (NYSE:BBY - News) and Napster Inc. (NASDAQ:NAPS - News) announced today that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash.
Peter Kafka / Silicon Alley Insider:
WSJ.Com's Redesign Sneak Peek: See Tuesday's Paper Today — We don't know what Tuesday's Wall Street Journal will tell us (we're guessing there may be some Wall Street news) but we do know Tuesday's WSJ.com will look like: A lot like Monday's WSJ.com, but easier to look at.
Discussion:
Epicenter, Between the Lines, Valleywag, Data Center Knowledge, Tech Ticker, Sean Percival's Blog and The Inquisitr
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Staci D. Kramer / paidContent.org:
WSJ.com Relaunches During Financial News Meltdown; Glossy New Look …
WSJ.com Relaunches During Financial News Meltdown; Glossy New Look …
Michael Arrington / TechCrunch:
Facebook Isn't A Social Network. And Stop Trying to Make New Friends There — A controversy is brewing over a popular Facebook application called PackRat, where users collect sets of illustrated cards for points and levels. The company behind the application, Alamofire …
Discussion:
Profectio
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Steve O'Hear / The Social Web:
Facebook: no social networking here — One of the delightful things about creating a new web application or service is the way in which end users find unintended ways of utilizing said service. That's a common story we hear from those who've created cutting-edge and disruptive products …
Pallab Ghosh / BBC:
Web ‘must separate rumour’ from science — The internet needs a way to help people separate rumour from real science, says the creator of the World Wide Web. — Talking to BBC News Sir Tim Berners-Lee said he was increasingly worried about the way the web has been used to spread disinformation.
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Noam Cohen / New York Times:
Link by Link: Don't Buy That Textbook, Download It Free — SQUINT hard, and textbook publishers can look a lot like drug makers. They both make money from doing obvious good — healing, educating — and they both have customers who may be willing to sacrifice their last pennies to buy what these companies are selling.
Robert Andrews / paidContent.org:
Newspapers Around World Oppose Yahoo-Google Ad Deal — The World Association of Newspapers (WAN) this morning asked the US Department of Justice, the European Commission and the Competition Bureau of Canada to block the deal under which Google will supply some advertising to Yahoo (NSDQ: YHOO).
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Yukari Iwatani Kane / Wall Street Journal:
Apple's Latest iPhone Sees Slow Japan Sales — Two months after its launch, the latest version of Apple Inc.'s iPhone is showing strong sales around the world — except in Japan. — Apple's partnership with Japan's third-largest mobile operator, Softbank Corp., to sell the iPhone 3G certainly created a buzz.
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Larry Dignan / Between the Lines:
VMware gets cloud friendly — VMware said Monday that it will launch a cloud computing initiative to bring enterprise class service to customers with more than 100 partners. — The effort, called vCloud Initiative, will be launched at VMworld in Las Vegas (statement, Techmeme).
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Sarah Perez / ReadWriteWeb:
Podcaster Developer Uses Little-Known “Ad Hoc” Mode To Distribute Banned iPhone App — Over the weekend, a debate raged across the tech blogosphere concerning the risks involved in developing for the iPhone platform. — What prompted the debate in the first place was Apple's decision …
Discussion:
Podcasting News, TeleRead, MacDailyNews, MacRumors iPhone Blog, PalmAddicts, Apple Watch and The iPhone Blog
Nate Anderson / Ars Technica:
Everyone but Apple joins new “buy once, play anywhere” group — Buying a movie online is simple; it's watching it on the device you want that's hard. The movie studios have been reluctant to allow DVD burning from online stores (and when they do, it doesn't always work) …