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6:40 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:
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: Reuters
RELATED:
Philip Elmer-DeWitt / Apple 2.0:
Apple shares go their own way
Discussion: L.A. Times Tech Blog
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.
Discussion: CNET News, Valleywag and CrunchGear
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 …
Abbey Klaassen / AdAge:
YouTube Adds Full-Length CBS Content  —  Select Cable and Network Shows Will Contain In-stream Ads  —  NEW YORK (AdAge.com) — YouTube is getting its Hulu on.  The Google-owned video site has partnered with CBS to air full-length TV shows, starting today.
Discussion: Epicenter and Google Blogoscoped
RELATED:
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.
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:
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.
Loïc Le Meur / Loic Le Meur Blog:
Tough times.  Tough decisions.  —  As you will no doubt know we are all operating in some very challenging and uncertain times right now.  It's never easy to address topics like this but as a company we have felt the need to get Seesmic ready for what most are anticipating to be a bleak economic outlook …
Discussion: Webware.com and TechCrunch
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 …
RELATED:
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
Alex / Blogging On A Shoestring:
Exclusive: HTC's First WiMax Device!  —  So early yesterday evening I got a rather cryptic contact submission here on nedge2k.com regarding a new WiMax enabled HTC device.  Needless to say, this had me pretty excited.  This morning, I got the pictures and some info...so here it is!
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.”
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.
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.
John Paczkowski / Digital Daily:
Yahoo Activist: “I Sold My YHOO Stake”  —  No surprise here.  Yahoo shareholder dissatisfaction is following a trend line inverse to the company's plummeting share price.  In fact, the price has dipped so low that Ironfire Capital founder Eric Jackson-the dissident Yahoo investor who agitated …
Discussion: Epicenter, Reuters and Valleywag
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
Darren Murph / Engadget:
12.1-inch Dell E Slim laptop spotted in the wild?  —  It's hard to say what we've come across here, but if our retinas aren't deceiving us too badly, this looks to be an in the wild shot (sans blur, amazingly) of Dell's forthcoming E Slim.  If you'll recall, we caught a glimpse of said device …
Discussion: Electronista and Obsessable
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.
Colin Gibbs / RCR Wireless News:
Verizon Wireless to charge content vendors 3-cent fee for text messages  —  GOOGLE, 4INFO, OTHERS TO FACE CHARGES BEGINNING NOV. 1  —  In a move that sets a new and potentially major precedent in the text messaging services market, content and messaging companies are going to have to cough …
 
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 More Items: 
Mark Hendrickson / TechCrunch:
Fitbit Raises Healthy $2 Million From True Ventures And SoftTech VC
Discussion: CenterNetworks and Beet.TV
Kevin Young / BBC:
‘Spam attack’ halts Virgin e-mail
Devin Leonard / Fortune:
Lime Wire seeks legitimacy
Discussion: Pulse 2.0
Jeff Bercovici / Portfolio:
Hearst Folds ‘Cosmogirl’
Jessica Dolcourt / Webware.com:
Yahoo OneSearch 2.0 slowly spreads voice search
Discussion: IntoMobile
Mark Hendrickson / TechCrunch:
Mahalo Sets Out To Liveblog The World
Matt Asay / The Open Road:
Open-source innovation in a recession
Discussion: CIO.com
 Earlier Items: 
Thomas / Berry Reporter:
BLACKBERRY PEARL FLIP 8220 REVIEW WITH HANDS ON VIDEO!
Royal Pingdom:
Is LinkedIn having scaling issues?
Enigmax / TorrentFreak:
TextBook Torrents Turns The Final Page and Closes Down
Discussion: Threat Level and TeleRead
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’
 

 
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”

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

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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