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10:05 AM ET, January 25, 2009

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Twitter Raising New Cash At $250 Million Valuation  —  Twitter, which just recently turned down a half billion dollar acquisition offer from Facebook (albeit to be paid mostly with Facebook stock), is dipping back into the venture capital market, we've heard from a source with knowledge of the deal.
Robert Darnton / New York Review of Books:
Google & the Future of Books  —  How can we navigate through the information landscape that is only beginning to come into view?  The question is more urgent than ever following the recent settlement between Google and the authors and publishers who were suing it for alleged breach of copyright.
Erick Schonfeld / TechCrunch:
Video: Steve Jobs Giving His First Big Demo  —  Twenty five years ago today, on January 24, 1984, Steve Jobs gave the first on-stage demonstration of the Macintosh computer to a packed auditorium.  The technology was much different then, but it was the same Steve Jobs: a masterful showman able …
RELATED:
Dave Winer / Scripting News:
What made the Mac different  —  Rex Hammock: “It's hard to convey to my kids how radically different the Mac was from any consumer-oriented computer that came before.”  —  So here's a list of things, off the top of my head, that made the Mac radically different from any other computer, 25 years ago, from my point of view.
Discussion: ReadWriteWeb and Quick Online Tips
Leslie Berlin / New York Times:
Cellphones as Credit Cards?  Americans Must Wait  —  A wave of a cellphone replaces the swipe of a credit card in a pilot program involving MasterCard PayPass, right.  At left, a phone is used to pay for items at a Tokyo candy stand.  Account information can be embedded in the phone.
Discussion: Phone Arena and textually.org
Robert Scoble / Scobleizer:
Facebook screws iFart author  —  You couldn't make this stuff up if you tried.  —  OK, I'm on the phone with Joel Comm right now.  He's been doing business online since 1995.  He's the co-creator of Yahoo Games.  He wrote the Adsense Code, which got onto New York Times best selling list.
Michael Arrington / TechCrunch:
Stories From The Tell-All MySpace Book  —  Wall Street Journal editor Julia Angwin's tell-all book about MySpace is set for official publication on March 17, 2009.  We've got our hands on a draft of the 268 page book.  Some of the more interesting stories are below (you can pre-order it here).
Discussion: All Facebook
Kara Swisher / BoomTown:
Carol Bartz's First-Week-at-Yahoo Memo to the Troops  —  With Yahoo earnings expected to be dismal when the company reports fourth quarter earnings this Tuesday afternoon, new Yahoo CEO Carol Bartz is going to have to hang tough.  —  And she certainly seems capable of that.
Discussion: Silicon Alley Insider
Dean Takahashi / VentureBeat:
Microsoft's Chris Early, head of Games for Windows Live, among the layoffs  —  The fallout from the layoffs announced by Microsoft on Thursday continues: Among the casualties is Chris Early, general manager of Games for Windows Live, the online gaming service for gamers who play on personal computers.
Rich Karpinski / TELEPHONY Magazine:
Comcast's Congestion Catch-22  —  A deeper look at what Comcast is doing with the latest version of its congestion management system uncovers little ill intent, despite yet another FCC slam.  But a Pandora's Box of implications has been opened that in an increasingly IP-centric world may be hard to close up again.
Discussion: Slashdot
Dan Frommer / Silicon Alley Insider:
What A Nigerian Facebook Scam Looks Like  —  Facebook is arguably one of the safer corners of the Internet, with fairly complex security and privacy controls.  But when passwords get busted, even on Facebook, not everyone is whom they're pretending to be.  Like a Nigerian scammer …
Discussion: louisgray.com
Justin Gardner / Donklephant:
Obama To Launch Recovery.gov  —  Most the following video is about the American Recovery and Reinvestment Plan, but the big idea here is that along with the passage of the stimulus plan comes a new website (just a landing page so far) that will keep track of where and how tax dollars are being spent.
Discussion: Mashable!
 
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 More Items: 
Daniel Jacobs / International Business Times:
Hacker wins court review
Discussion: DailyTech and CNET News
Computerworld:
Microsoft may shutter Popfly Web mashup tool
Discussion: PC World
Jeff Jedras / PC World:
IBM Confirms Layoffs
Discussion: Computerworld
Chris O'Brien / Mercury News:
Silicon Valley entrepreneurs still thinking big
John Resig:
OCR and Neural Nets in JavaScript
Discussion: Ajaxian
 Earlier Items: 
Michael Liedtke / Associated Press:
Others could follow Google's move to reset options
Digital Music News:
ASCAP Targets “Copy Left / Free Culture” Enemy...
Discussion: TeleRead
Devin Coldewey / CrunchGear:
YouTube officially enables HQ in embedded videos
Adrian Covert / Gizmodo:
Palm Pre: The Definitive FAQ
Discussion: IntoMobile and John Tokash
 

 
From Mediagazer:

Agence France-Presse:
Radio Free Europe/Radio Liberty head Stephen Capus says the US government turned off satellite services that transmit its Russian-language program into Russia

Alex Weprin / The Hollywood Reporter:
Memo: Vanity Fair Editor Radhika Jones tells staff that she will step down this spring after seven years of leading the Condé Nast-owned magazine

Ethan Shanfeld / Variety:
Director Carl Rinsch pleads not guilty to fraud and money laundering after allegedly taking $11M from Netflix for an unfinished series; trial is set for Sept. 8

 
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