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5:55 PM ET, January 7, 2009

Techmeme

 Top Items: 
New York Times:
Satyam Chief Admits Huge Fraud  —  NEW DELHI — Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, significantly inflated its earnings and assets for years, the chairman and co-founder said Wednesday …
RELATED:
Larry Dignan / Between the Lines:
Satyam fallout: Should customers stick?  Full text of chairman's stunning letter  —  Indian outsourcing company Satyam has cooked books, a $1 billion cash sink hole and its chairman and founder B Ramalinga Raju has fabricated figures.  Meanwhile, Merrill Lynch has bailed on being an adviser …
Discussion: AnshuBlog
Wall Street Journal:
Satyam Rocked by Fraud  —  Overstated Profits Raise Investor Concern About India Oversight  —  By NIRAJ SHETH and JACKIE RANGE in New Delhi and ROMIT GUHA in Bangalore, India  —  The chairman of one of India's largest information technology companies admitted he concocted key financial results including …
Michael Arrington / TechCrunch:
Investment Group Makes Run For Yahoo, Using Microsoft's Money  —  Interest in troubled Internet giant Yahoo has not waned, it just took a break for the holidays.  A group of well known Silicon Valley executives and top investment bankers are putting together a Yahoo takeover deal …
Renai LeMay / CNET News:
Windows 7 beta: First impressions  —  Windows 7 could be one of Microsoft's greatest operating systems, if it fulfills the promise shown by the unofficial beta version (build 7000) we have been testing for the past couple of days.  —  Let me preface these quick impressions of Redmond's latest opus …
RELATED:
Emil Protalinski / One Microsoft Way:
Windows 7 build 7000 64-bit version hits torrent sites
Discussion: Engadget
Zach Epstein / Boy Genius Report:
Microsoft may begin offering Windows 7 upgrades as early as July
Mark Zuckerberg / Facebook Blog:
A Great Start to 2009  —  Today, we reached another milestone: 150 million people around the world are now actively using Facebook and almost half of them are using Facebook every day.  This includes people in every continent—even Antarctica.  If Facebook were a country …
RELATED:
Nick O'Neill / All Facebook:   Facebook Hits 150 Million Users, Adding 450,000 Users Per Day
PR Newswire:
EMC Announces Preliminary Fourth-Quarter Financial Results in Line with Previous Guidance  —  Expects Record Quarterly Revenues of Approximately $4 Billion; Announces Program to Reduce Cost Structure by Approximately $350 Million in 2009, Increasing to $500 Million in 2010
RELATED:
Elinor Mills / CNET News:
Yelp user faces lawsuit over negative review  —  San Franciscan Christopher Norberg went to a chiropractor after being injured in a car accident in 2006.  After a disagreement with the chiropractor over billing, he posted a negative review of the business on Yelp suggesting that the doctor was dishonest.
IEBlog:
IE8 Blocker Toolkit Available Today!  —  We believe IE8 helps make browsing the web faster, easier, safer and more reliable.  To help our users be more secure and up-to-date, we will distribute IE8 via Automatic Update (AU) and the Windows Update (WU) and Microsoft Update (MU) sites much like we did for IE7.
RELATED:
Sun Microsystems:
Sun Microsystems Expands Cloud Computing Offerings with Acquisition of Q-layer  —  Q-layer Technology Simplifies Cloud Computing Development and Deployment  —  Sun Microsystems, Inc. (NASDAQ: JAVA) today announced it has acquired Q-layer, a cloud computing company that automates the deployment …
Philip Elmer-DeWitt / Apple 2.0:
Pogue rocks Macworld with “Where is Steve?”  —  David Pogue, New York Times' tech columnist, creator of the Missing Manual series, and frustrated Broadway producer, led his Macworld Live! feature presentation in San Francisco Wednesday with a musical riff on Steve Jobs' non-attendance.
Discussion: AppleInsider and TUAW
Danny Sullivan / Search Engine Land:
Bush: Fix Your “Miserable Failure” Googlebomb Legacy Before Obama Takes Office  —  Few realize that outgoing US president George W. Bush has left behind a unique legacy for future presidents, including Barack Obama — that they are all condemned to rank tops for a search on “miserable failure” in major search engines.
Ritsuko Ando / Reuters:
Verizon says in mobile search deal with Microsoft  —  Verizon Communications Inc (VZ.N) said it agreed to a mobile search deal with Microsoft Corp (MSFT.O) and that details will be announced later on Wednesday.  —  Chief Executive Ivan Seidenberg said Microsoft Chief Executive Steve Ballmer …
Gareth Beavis / TechRadar.com:
Asus planning Eee phone... with Android?  —  CES 2009: CEO commends Apple's iPhone too  —  Johnny Shih, CEO of Asus, has announced that the company is looking at an Eee-branded phone... and that it may run Android as well.  —  Speaking to TechRadar at Asus' keynote speech at CES 2009 …
Kevin C. Tofel / jkOnTheRun:
Netgear's MBR624GU 3G Router  —  The Netgear press event just finished up and among the new products is the MBR624GU router.  Using a USB dock, you can plug your existing 3G USB adapter in the backside of this puppy and share your wireless broadband connection.
John P. Falcone / Webware.com:
LG Blu-ray players stream Netflix, CinemaNow, and YouTube  —  In 2008, LG's BD300 set itself apart from other Blu-ray players by becoming the first one to include compatibility with the Netflix's “Watch Instantly” streaming service.  Unfortunately, the uniqueness of the feature was short-lived …
Adam Lashinsky / Fortune:
Google news  —  (Fortune Magazine) — You'd think the executives at Google would be chortling over the latest headlines involving newspapers: The Christian Science Monitor eliminates its print edition; Tribune Co. declares bankruptcy; Detroit's two dailies slash home delivery to three days a week.
Constantinos Michael / Google Mobile Blog:
Getting directions to businesses now easier on Google Maps for mobile  —  One of my favorite things about Google Maps for mobile is finding businesses on the go.  Today we launched a server-side change that makes it easier to get directions to businesses.  You can now get directions to restaurants …
Simon Sage / IntoMobile:
LG Announces Watch Phone … Like we mentioned last night, LG has announced their 3G HSDPA, video conferencing watch phone today, model number LG-GD910, which is due for Europe this year.  Just about as stylish as the Prada Link, isn't it?  The CEO was a little tenative to show off the features …
Discussion: greg hughes, Engadget and Gearlog
Dean Takahashi / VentureBeat:
CES: Toshiba to launch TVs with Cell microprocessor  —  In a bid to move to the high-end of high-definition TVs, Toshiba will introduce a new series of TVs in 2009 that feature the Cell microprocessor developed by Sony, Toshiba and IBM.  —  The Cell has a bunch of processors on a single chip …
PC World:
Samsung Enters Pico-Projector Market  — The growing pico-projector market is getting a jolt here at the Consumer Electronics Show, with announcements from a range of vendors.  The latest company to enter the market is Samsung Mobile, announcing the MBP200 Pico Projector.
Discussion: Gizmodo, Gearlog, Engadget and Obsessable
Kevin C. Tofel / jkOnTheRun:
Forget SDHC: SDXC Holds 2-Terabytes  —  Still struggling to remember the difference between SD and SDHC?  Then you don't want to hear about SDXC, which is a new standard from the SD Association.  Secure Digital eXtended Capacity is the new name and with it comes huge leaps in flash storage capacity.
Richard Lawler / Engadget:
Sharp Aquos E Series hits the stage  —  Want Sharp's newest ASV Superlucent 1080p panel, but don't want a Blu-ray drive jammed in the back?  Say hello to the Aquos E series.  The E77U line packs 120Hz technology, a 4ms response time and Sharp's Spectral Engine XD for all manner of XD …
Discussion: Gizmodo and DisplayBlog
Tiernan Ray / Tech Trader Daily:
CES: Netgear Shows off Devices for Surfing, Storing Internet TV  —  I'm sitting in the Consumer Electronics Show presentation for Netgear (NTGR).  Vivek Pathela, VP of netgear's consumer products is taking the stage with his characteristic enthusiasm.  He mentions Netgear is introducing 15 …
Maya Baratz / VentureBeat:
Who did Apple hurt with its Macworld announcements?  —  In yesterday's keynote address at Macworld, Apple unveiled a series of software product upgrade that will potentially encroach on the territory of a handful of startups and larger companies.  Should you be worried?  —  What iPhoto might maim
Discussion: Epicenter and Slate
Glenn Fleishman / Ars Technica:
AT&T moves closer to offering in-home cell base stations  —  AT&T is contacting some of its customers asking if they'd like to test an in-home extension to its cellular networks powered by a subscriber's own broadband—a femtocell.  Femtocells use frequencies licensed by the carrier for data and voice …
Sean Fallon / Gizmodo:
Eye-Fi SD Cards Offering Direct to YouTube Uploading  —  If you are unfamiliar, Eye-Fi SD cards can add Wi-Fi to any camera (and they work pretty well to boot).  Now the company is announcing automatic uploading direct to YouTube.  —  Eye-Fi is previewing the new technology at CES this year …
 
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 More Items: 
Bloomberg:
Time Warner to Report Loss After $25 Billion Charge
Discussion: Yahoo! Finance
Ross Kirgiss / Powerhouse Media Service:
Logic Wireless Unveils World's First “Projector Phone”
Discussion: Gearlog, Engadget and Gadgetell
Eric Savitz / Tech Trader Daily:
CES: Audivox Advises Cable Users To Buy An Antenna; Plus …
Discussion: Associated Press
Claire Cain Miller / Bits:
Losses for Venture Fund Investors Who Want Out
Joseph Tartakoff / Seattle Post-Intelligencer:
Microsoft forgoes South Lake Union lease
Discussion: The Microsoft Blog and WebProNews
Dan Goodin / The Register:
EFF wins request for reexamination of ringtone patent
DealBook:
CBS's Wallstrip to Scale Back
Discussion: Silicon Alley Insider
 Earlier Items: 
Erick Schonfeld / TechCrunch:
Power.com And Facebook Are Friends Again (Almost)
Janice Tibbetts / canada.com:
Facebook firing sparks ethics debate
 

 
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”

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

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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