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3:05 PM ET, September 29, 2008

Techmeme

 Top Items: 
Eric Savitz / Tech Trader Daily:
Apple Falls Sharply; RBC, Morgan Stanley Cut Ratings  —  Apple (AAPL) shares are down sharply Monday morning after analysts at RBC Capital and Morgan Stanley cut their ratings on the stock.  — RBC Capital's Mike Abramsky cut his rating on the stock to Sector Perform from Outperform …
RELATED:
Dan Frommer / Silicon Alley Insider:
Apple Plunges After Downgrades: Slowing Demand, Crappy Economy  —  Apple (AAPL) shares are down 14% to around $110 — their lowest since May, 2007 — after Morgan Stanley and RBC both downgraded the stock this morning.  Why?  Mostly slowing demand and lousy economic conditions.
MG Siegler / VentureBeat:
Apple stock plunging, Google stock diving, Yahoo stock melting
Discussion: BoomTown and Silicon Alley Insider
Larry Dignan / Between the Lines:
Apple: Is it really recession proof? Wall Street says no
Discussion: Apple 2.0
Bobbie Johnson / Guardian:
Cloud computing is a trap, warns GNU founder Richard Stallman  —  Web-based programs like Google's Gmail will force people to buy into locked, proprietary systems that will cost more and more over time, according to the free software campaigner  —  The concept of using web-based programs …
RELATED:
Eric Krangel / Silicon Alley Insider:
Open Source Guru Richard Stallman: Cloud Computing “Worse Than Stupidity”  —  The backlash to the cloud computing hype is snowballing.  Now it's open source guru/fanatic Richard Stallman trashing the concept.  Stallman to The Guardian:  —  “It's stupidity.  It's worse than stupidity: it's a marketing hype campaign,”
Discussion: eWeek
Nick / Rough Type:
Shooting at clouds  —  Free software activist Richard Stallman …
Discussion: WebGuild
XOHM™ WiMAX:
XOHM WIMAX BROADBAND SERVICE DEBUTS IN BALTIMORE  — New 4G wireless era dawns as unique business model revolutionizes mobile Internet access  — Service-plan innovation includes $50 “Pick 2 for Life” offer without usage limitations  —  A next-generation 4G wireless network based …
RELATED:
Leslie Cauley / USA Today:
Sprint takes wireless service to the max in Baltimore  —  Monday, Sprint will launch wireless WiMax services in Baltimore, marking the beginning of what could become a new era in mobile broadband.  —  The mobile data network — which will be marketed under the Xohm brand name …
Sam Oliver / AppleInsider:
Apple updates App Store to address developer misuse  —  Apple over the weekend instated a series of changes to the way its App Store operates in an effort to knock out loopholes that were being exploited by some developers seeking an unfair advantage.  —  Reviews
Brad Burnham / Union Square Ventures:
Why The Flow Of Innovation Has Reversed  —  I had a beer recently with Dave McClure of 500 Hats.  As is always the case when I get together with Dave, we had a long, rambling and enjoyable conversation about how the Web is changing the way businesses get built.  —  At some point, I said that the vector of innovation has changed.
Ina Fried / Beyond Binary:
Visual Studio 2010 to come with ‘black box’  —  Updated 9:56 a.m. PDT: Added screen shot and a link to Microsoft's Visual Studio 2010 page.  —  Airplanes are equipped with recorders that capture both cockpit audio and flight data, so in the event that something goes wrong, investigators can try to determine the source of the problem.
Discussion: eWeek, InformationWeek and BetaNews
RELATED:
Jessica Guynn / L.A. Times Tech Blog:
Facebook hires general counsel as it continues to grow  —  Young upstart Facebook is growing up at Internet speed.  —  The latest sign: Its freshly installed management team has hired a legal gun with a loaded resume that includes serving as a White House lawyer who helped coordinate …
Charlie Sorrel / Gadget Lab:
LG Teaser Shows 3G Netbook: The Momo  —  LG is planning the release of a new netbook with 3G internet inside.  The X110 Momo is listed on LG's site as “coming soon”, and includes the standard netbook features: 1.6GHz Atom processor, 1.3MP webcam, a 10" screen, optional Bluetooth, an SD card reader and Windows XP Home Basic.
Matthew Taylor / Guardian:
MI6 seeks recruits on Facebook  —  MI6 is using the social networking site Facebook to recruit the next generation of spies.  The Secret Intelligence Service, which has traditionally scoured the country's elite universities for recruits, launched a series of online adverts this month as part …
Discussion: The Social Web and p2pnet
RELATED:
Fred Aun / ClickZ:
High Online Video Ad Costs Could Drop  —  Online video ads cost advertisers substantially more than display or text advertising, but prices might drop as its novelty fades, says a new report by eMarketer.  —  Citing research by Bain and Company for the Interactive Advertising Bureau (IAB) …
Discussion: Epicenter and Lost Remote
Joe Wilcox / Microsoft Watch:
The Great Windows-Mac Laptop War  —  Windows laptops only had about 80 percent unit share at online and brick-and-mortar retail stores in June and July, according to NPD.  But measured in dollars, market share was much lower: 65 percent.  The difference in both categories largely belonged to Mac laptops.
Discussion: MacRumors, TechBlog and Technology Live
Philip Elmer-DeWitt / Apple 2.0:
Rumor: An iPhone for Verizon in 2009  —  Chalk this one up to wishful thinking.  —  A leading Apple blog posted a rumor Sunday that the iPhone — which is currently available in the United States only through AT&T Wireless — could be coming to Verizon, perhaps as early as January 2009.
Kris Pigna / PC Magazine:
New ‘Grand Theft Auto’ Makes Cocaine Sales a Game  —  Earlier this week, news broke that Grand Theft Auto: Chinatown Wars — the forthcoming DS rendition of Rockstar's immensely popular crime series — would feature a drug-selling mini-game, where players could earn money peddling six different kinds of narcotics around town.
Discussion: CNET News and Joystiq
Jeremy Pepper / POP! PR Jots:
Twitteriocy  —  Twitter idiocy.  Or Twitteriocy (I'm coining a term- run with it).  It's what we are beginning to see on Twitter, and it is an easy thing to combat.  Now, while Twitter right now is the hot thing for corporations, and we have begun seeing more and more and more companies getting accounts …
Peter Kafka / Silicon Alley Insider:
eMusic CEO David Pakman Out  —  This one's odd: A few weeks ago eMusic CEO David Pakman was meeting with us and talking up the chances of his company, which sells digital downloads via monthly subscription service.  Now he's out, headed for an unnamed but “premier” venture capital firm, according to an eMusic press release.
Discussion: CNET News and paidContent.org
Leander Kahney / Cult of Mac:
Hoping Apple's ‘Brick’ Is First All-Screen Laptop  —  Here's hoping that Apple's feverishly-anticipated “Brick” project is the world's first all-screen laptop — like this mockup of the OLPC version 2 by designer Yves Behar.  —  There's slim chance, of course, but I for one would love …
OPEN Forum:
Think Local, Act Conversational - It Just Might Save Your Business  —  (6) FOUND THIS USEFUL.  DO YOU?  —  (image credit Marin IJ)  —  What do people think of when they are considering Corbet's Hardware, a local business near my home?  For that matter, what do they think of Ambrosia restaurant?
Discussion: Screenwerk
Kim Hart / Washington Post:
Google Goes to Washington, Gearing Up to Put Its Stamp on Government  —  The tall buildings in Reston bear the familiar names of big government contractors: Northrop Grumman, CACI, Raytheon and Accenture.  Last month another name appeared, but not one that's typically associated with the federal market.
Discussion: Search Engine Watch and WebProNews
Don Reisinger / TechCrunch:
Analyst: Google Maps Reigns Supreme  —  Cowen & Co., an industry analyst firm that specializes in covering Web services, released a statement today discussing its findings on the success of online mapping solutions.  —  To no one's surprise, the analyst found that Google Maps is the de facto leader …
Discussion: CNET News
Erick Schonfeld / TechCrunch:
VCs (And Startups) Won't Be Immune To The Credit Crunch  —  So far the downward spiral of credit and financial markets seems to have left venture capital firms and startups relatively unharmed.  Even though the IPO market closed completely in the second quarter (and opened again only slightly in the third) …
Discussion: Guardian and GigaOM
 
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 More Items: 
Ryan Paul / Ars Technica:
Classmate PC gets a boost with million-unit Venezuelan order
Discussion: TechSpot
David Kaplan / paidContent.org:
AP Signs Up 500 Papers For Online News Sharing Service
Stacey Higginbotham / GigaOM:
Congress Gets Closer to Forcing a Broadband Census
Discussion: Ars Technica and Free Press
Matthew Lasar / Ars Technica:
Bill would force satellite radio units to go digital
Discussion: Orbitcast
Wolfgang Gruener / TG Daily:
Samsung preps 16 GB memory modules
Discussion: Maximum PC all and TechSpot
Nokia:
Nokia renews its business mobility solutions offering and strategy
Discussion: All About Symbian
Ryan Lawler / Contentinople:
CDN Consolidation Poised to Begin
Discussion: Data Center Knowledge
 Earlier Items: 
Mike Butcher / TechCrunch UK:
DropSend sold - but how easy is it to flip a web app these days?
Discussion: paidContent
Sylvie Barak / Inquirer:
Apple sells unlocked Iphone in Hong Kong
Om Malik / Business Week:
Can Browser Plug-Ins Be a Business?