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4:55 PM ET, October 10, 2008

Techmeme

 Top Items: 
Eric Eldon / VentureBeat:
The Sequoia “RIP: Good Times” presentation: Here it is  —  Silicon Valley has been trying to digest news of a secret meeting held by top venture firm Sequoia Capital earlier this week.  At the meeting, leading Sequoia partners laid out bleak short and long-term scenarios for the world economy …
RELATED:
Michael Arrington / TechCrunch:
An Ignoble But Much Needed End To Web 2.0, Marked By A Party In Cyprus  —  In May 2007 I wrote “Times are good, money is flowing, and Silicon Valley sucks” in a post about how, in my opinion, Silicon Valley was ripe for a downturn.  —  This week, without any doubt, we got that downturn.
Apple:
MacBook Pro: Distorted video or no video issues  —  Symptoms  —  In July 2008, NVIDIA publicly acknowledged a higher than normal failure rate for some of their graphics processors due to a packaging defect.  At that same time, NVIDIA assured Apple that Mac computers with these graphics processors were not affected.
RELATED:
Electronista:
MS may have “standing offer” to buy RIM  —  The recent plunge in Research in Motion's shares may help trigger a takeover by Microsoft, Canaccord Adams analyst Peter Misek says.  The financial expert believes that Microsoft has a “standing offer” to buy out the BlackBerry maker at a value …
RELATED:
Michael / MobileDevicesToday:
Microsoft and RIM? show me the synergy please
Wojtek Dabrowski / Reuters:
Plunge in RIM's shares could attract takeover bid
The Boy Genius / Boy Genius Report:
BlackBerry super-phone in the works, Storm 2 and 3 coming soon  —  We don't have too much info to go off of at this point in time, but if you are still waiting to get your hands on the Pearl Flip 8220, Curve 8900, Bold, or Storm, we're about to screw you up real quick.
RELATED:
Simon Sage / IntoMobile:
RIM Frankensteining Storm and Bold to make near-HD monster?
Discussion: Electronista
Erick Schonfeld / TechCrunch:
Google Employees Watch In Horror As 60 Percent Of Their Stock Options Drown  —  The entire stock market is taking another drubbing today, and Google is no exception.  Its shares tried to rally in the morning, but are now trading below the $329 they closed at yesterday.
Waxy.org:
Memeorandum Colors: Visualizing Political Bias with Greasemonkey  —  Like the rest of the world, I've been completely obsessed with the presidential election and nonstop news coverage.  My drug of choice?  Gabe Rivera's Memeorandum, the political sister site of Techmeme …
Discussion: ReadWriteWeb and webmonkey
Darren Murph / Engadget:
Walmart has a change of heart, decides to maintain DRM servers  —  Back by popular demand, it's the Walmart DRM servers!  You heard right — just days after Wally World announced its plans to turn the screw on its digital rights management servers, we're now being shown a big “just kidding.”
Brian Morrissey / Adweek:
Google Readies iPhone Ad Options  —  NEW YORK As Apple continues to flood the market with more iPhones, Google is readying new options for advertisers to target iPhone owners directly.  —  In meetings with agencies, Google has presented a new option to show different ads in response to searches made from iPhones.
David Kaplan / paidContent.org:
YouTube Starts Running Full Length CBS Shows  —  YouTube, hoping to counter the competition from sites like the NBC/News Corp. JV Hulu, has started running full-length episodes of CBS (NYSE: CBS) programming.  Executives at the Google-owned video site told Reuters that CBS would handle ad sales …
Richard Behar / Fox News:
World Bank Under Cyber Siege in ‘Unprecedented Crisis’  —  The World Bank Group's computer network — one of the largest repositories of sensitive data about the economies of every nation — has been raided repeatedly by outsiders for more than a year, FOX News has learned.
Chris Gaither / L.A. Times Tech Blog:
Tim O'Reilly to software developers: Get serious  —  Computer-book publishing magnate Tim O'Reilly is urging young geeks to stop making software that lets you throw sheep at your friends on Facebook or drink beer on your iPhone and to instead start making a difference in the world.
Discussion: larry borsato
Caroline McCarthy / The Social:
Zuckerberg: Be patient, we're opening up  —  LONDON—These are tough times for Facebook founder Mark Zuckerberg.  The economy is in the tank, Madison Avenue still doesn't have full faith in the social network's ability to generate ad revenue, and entertainment-industry analysts estimate …
Eric Savitz / Tech Trader Daily:
Apple: Enough Is Enough  —  Has Apple (AAPL) hit rock bottom?  —  Oppenheimer's Yair Reiner thinks maybe it has.  This morning, Reiner repeated his Outperform rating on the stock, though he cut his price target to $145 from a no longer realistic $213.  He's also trimmed estimates …
Discussion: The Mac Observer
Mark Hendrickson / TechCrunch:
Mahalo Sets Out To Liveblog The World  —  When Mahalo launched about 16 months ago, we called it a human-powered search engine and began thinking of it as a Google competitor.  But it's so-called “guide pages” for topics as diverse as the Boston Marathon and Patriotic Drunk Rednecks provide …
Discussion: HipMojo.com
RELATED:
Rafe Needleman / Webware.com:
Mahalo gets live news ticker
Discussion: L.A. Times Tech Blog
Vasanth Sridharan / Silicon Alley Insider:
Ning Launches OpenSocial Support.  Will They Support Facebook Next?  —  Ning, the roll-your-own social network, is finally integrating with the Google-led OpenSocial coalition, meaning that developers who have written for one of the other OpenSocial networks (MySpace, hi5, Friendster, etc.) …
Discussion: Beet.TV
RELATED:
Eric Eldon / VentureBeat:
Social network provider Ning opens access to OpenSocial developers
Leander Kahney / Cult of Mac:
Likely Feature List of New MacBooks  —  Pictures: Fantasic mockups by Miguel Suárez  —  This is guesswork, but here's the likely feature list of the new MacBooks due October 14:  —  * Penryn Core 2 Duo chips: 2.4GHz, 2.66GHz, 2.8GHz, and 3.06GHz.  —  * 2GB of RAM (MacBook); 4GB of RAM (MacBook Pro).
Discussion: TG Daily
Richard MacManus / ReadWriteWeb:
Zoho Mail Gets Offline Support via Google Gears - Ahead of Gmail  —  Innovative Web Office startup Zoho has beaten Google to the punch again, announcing offline support for the newly public Zoho Mail tonight.  Ironically Zoho is using Google Gears to enable offline functionality in Zoho Mail …
Royal Pingdom:
Is LinkedIn having scaling issues?  —  LinkedIn, the popular social network for professionals, has had several periods of downtime lately.  The last one came last evening (US time), and lasted just over an hour.  —  The website's recurring availability issues are making us wonder if LinkedIn …
bce.ca:
Bell announces strategic 3G wireless network investment, maximizing consumer choice in mobile data and confirming its path forward to 4G LTE wireless  —  MONTREAL, Quebec, Oct. 10 2008 — Bell today announced a significant strategic investment in its Third Generation (3G) …
Discussion: Boy Genius Report
RELATED:
Robin Goad / Hitwise Intelligence:
Facebook is number 2 website, but the growth of social networks is slowing  —  Of the 10,583,351 websites visited by UK Internet users in September, Facebook was the second most popular after Google UK.  The number one social network in Britain received 3.16% of all UK Internet visits last month, equivalent to one in every 32.
 
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 More Items: 
Devin Leonard / Fortune:
Lime Wire seeks legitimacy
Discussion: Pulse 2.0
Jessica Dolcourt / Webware.com:
Yahoo OneSearch 2.0 slowly spreads voice search
Discussion: IntoMobile
Matt Asay / The Open Road:
Open-source innovation in a recession
Discussion: CIO.com
Thomas / Berry Reporter:
BLACKBERRY PEARL FLIP 8220 REVIEW WITH HANDS ON VIDEO!
Discussion: IntoMobile and Engadget Mobile
Dan Raywood / SC Magazine UK:
WiFi is no longer a viable secure connection
BBC:
Bank turmoil fuels phishing boom
 Earlier Items: 
Enigmax / TorrentFreak:
TextBook Torrents Turns The Final Page and Closes Down
Discussion: TeleRead
Colin Gibbs / RCR Wireless News:
Verizon Wireless to charge content vendors 3-cent fee for text messages
InfoWorld:
Microsoft elaborates on Oslo
Discussion: eWeek and All about Microsoft
Shawn Brown / Android Community:
First T-Mobile G1 user review
Discussion: Engadget
Cade Metz / The Register:
US telco: ‘Public broadband is illegal’
Kelly Hodgkins / Boy Genius Report:
Orange drops the Blackberry Bold due to quality issues
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Mark Sweney / The Guardian:
National World, one of the UK's biggest newspaper groups, gets a £56.2M buyout offer from shareholder Media Concierge, a 40% premium to its Nov. 21 stock price

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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