Top Items:
Kara Swisher / BoomTown:
Huffington Post Nabs $25 Million in Funding-Here's a BoomTown Interview With Oak Investment's Fred Harman — The Huffington Post will announce this morning that it has raised $25 million, in a single investment from Oak Investment Partners. — The large round by Oak, which was led by Palo Alto …
RELATED:
David Kaplan / paidContent.org:Huffington Post Closes $25 Million Third Round; Plans Include ‘Focused Acquisitions’
Discussion:
BoomTown
Brad Stone / New York Times:
Facebook Aims to Extend Its Reach Across the Web — PALO ALTO, Calif. — Facebook, the Internet's largest social network, wants to let you take your friends with you as you travel the Web. But having been burned by privacy concerns in the last year, it plans to keep close tabs on those outings.
RELATED:
Rick Turoczy / ReadWriteWeb:Facebook Connect Readies for Broader Distribution with Digg and Hulu
Discussion:
Paying Attention
Stuart Cohen / Business Week:
Open Source: The Model Is Broken — The open-source business model that relies solely on support and service revenue streams is failing to meet the expectations of investors — For anyone who hasn't been paying attention to the software industry lately, I have some bad news.
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Amy Schatz / Wall Street Journal:
FCC Head Pushes Free Web Plan — Outgoing Federal Communications Commission Chairman Kevin Martin is pushing for action in December on a plan to offer free, pornography-free wireless Internet service to all Americans, despite objections from the wireless industry and some consumer groups.
Sakthi Prasad / Reuters:
Redstone sells Midway Games to ease debt: report — (Reuters) - Media mogul Sumner Redstone has sold his controlling stake in video game company Midway Games Inc (MWY.N: Quote, Profile, Research, Stock Buzz) to a private investor to ease his debt load, the Wall Street Journal said.
RELATED:
Richard Bennett / The Register:
Bittorrent declares war on VoIP, gamers — The next internet meltdown — Gamers, VoIP and video conference users beware. The leading BitTorrent software authors have declared war on you - and any users wanting to wring high performance out of their networks.
Discussion:
Slashdot
The Boy Genius / Boy Genius Report:
BlackBerry Storm OS 4.7.0.76, other versions left dead in their tracks — What's that? You somehow got a hold of the 4.7.0.75 OS for the BlackBerry Storm? Well, in this heavily-connected world we call BG Land, you're already rockin' something old. We're running 4.7.0.76 on our Storm …
Michael Masnick / Techdirt:
More Judges Realizing That Statutory Damages In Copyright Suits Out Of Line — from the bringing-some-sanity-back dept — The heart of Charles Nessons' case against the RIAA is that the copyright law cited to attack file-sharers is unconstitutional due to the ridiculous statutory fines put on copyright infringement.
Discussion:
Recording Industry vs …
Thomas Ricker / Engadget:
The Simpsons mocks (m)Apple — Few have been spared the satire of Matt Groening's long running animated sitcom. Last night, The Simpsons took on Apple, or uh, Mapple for a full 6 minutes of lampoonery — a pretty harsh ride at a two-joke per minute pace. It all starts when the Springfield mall gets …
New York Times:
CNN Pitches a Cheaper Wire Service to Newspapers — CNN, in the afterglow of an election season of record ratings for cable news, is elbowing in on a new line of business: catering to financially strained newspapers looking for an alternative to The Associated Press.
Discussion:
Beyond Search, Recovering Journalist, paidContent.org, BuzzMachine, Romenesko, Lost Remote and Gawker
Robert Scoble / Scobleizer:
Nokia's touchiest week — We've arrived in Barcelona, Spain for Nokia World, a week where Nokia talks to its top customers. — When we got here a Nokia executive met me and bragged that the Internet has no clue what they will announce this week. I asked “what about the touch screen cell phone that I've seen rumors about?”
Discussion:
CrunchGear, Electronista, Ryan Stewart, SlashPhone, Unwired View, Roland Tanglao's Weblog and deal architect
Yahoo!:
Yahoo! Reviews A Year in Search — Through Billions of Searches in 2008, People Sought to Make Sense of — the World Around Them, Witnessing a Year of Passionate Politics, Olympic — Records, New Celebrities on the Rise and Market Meltdowns — Today Yahoo! Inc (NASDAQ:YHOO) …
Mike Butcher / TechCrunch UK:
Trutap decimates headcount, keeps skeleton staff, looks for sale — Trutap, a leading UK mobile startup, is to let go almost 80% of its staff after failing to hit its window for a second round of funding. The blow comes only a month after the launch of its latest software application …
