Top Items:
Michael Arrington / TechCrunch:
Decision Time For Facebook: Term Sheet Received At $2 Billion Valuation — Facebook has been pitching for a new round of funding these last few months to bridge itself to an IPO sometime in the future. We've known that since October, when (former) CFO Gideon Yu was in Dubai.
Discussion:
Venture Capital Dispatch, Silicon Alley Insider, Electricpig.co.uk, AppScout, Smalltalk Tidbits … and DealBook, Thanks:mrinaldesai
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Eric Eldon / VentureBeat:
Facebook rejects funding at $4 billion valuation, may not raise more — Facebook chief executive Mark Zuckerberg just had a board-level conversation about possibly accepting money at a $4 billion valuation, but decided against doing so. — Facebook isn't commenting directly …
Discussion:
All Facebook, Silicon Alley Insider, CNET News, Deal Journal, A VC, Wall Street Journal and Pulse2, Thanks:bobcaswell
Om Malik / GigaOM:
For Twitter The Only Way Is Up — Earlier this evening along with a select few journalists, I got a chance to interact with French Minister for Digital Development, Mrs. Nathalie Kosciusko-Morizet, who is in town to learn about latest developments in Silicon Valley and learn …
Eyal Sela / ProductiveWise:Has Twitter Reached its peak? Google Insights Suggests it May Have
Discussion:
GMSV
Marguerite Reardon / CNET News:
Nokia's net profit falls 90 percent — If you were wondering how bad things have gotten for the mobile handset market, just take a look at Nokia, the world's largest maker of cell phones. — The company on Thursday reported a 90 percent fall in first-quarter net profits as the global recession took …
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Arn / MacRumors:
Apple Researching Movement-Aware Interfaces for iPhones, Depicts Front-Facing Video Camera — Apple has been conducting ongoing research into how to further improve their mobile device interfaces as evidenced by a couple of patent applications published over the past couple of weeks.
RELATED:
Sam Oliver / AppleInsider:Apple exploring motion-adaptive iPhone with video chat
Discussion:
O'Grady's PowerPage
Bloomberg:
Sun Said to Be Willing to Resume IBM Talks With Assurances Deal Will Close — Sun Microsystems Inc. would be willing to resume takeover talks with International Business Machines Corp. if IBM makes a stronger commitment to close the acquisition, two people familiar with the matter said.
Discussion:
Data Center Knowledge, CNET News, The Register, Tech Trader Daily, TechCrunch and Between the Lines
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Larry Dignan / Between the Lines:
Sun to IBM: We're willing to talk again; Big Blue not interested — Updated: Sun Microsystems will reportedly be willing to resume takeover talks with IBM if Big Blue says it'll commit to closing the deal. — Bloomberg reports the news based on two people familiar with the matter (Techmeme).
Farhad Manjoo / Slate:
Do You Think Bandwidth Grows on Trees? — User-generated content may have changed the Internet, but sites like YouTube are suffocating under the costs of storing it. — Everyone knows that print newspapers are our generation's horse-and-buggy; in the most wired cities, they've been pummeled by competition from the Web.
Reuters:
eBay to Buy South Korea's Gmarket — SEOUL (Reuters) - eBay Inc offered to buy South Korean online retailer Gmarket Inc for up to $1.2 billion, making it the leader in the world's sixth-largest e-commerce market. — The U.S. online auctioneer said it already secured 67 percent of Gmarket …
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Eric Savitz / Tech Trader Daily:
Activision Jumps; Sees Q1 Ahead Of Previous Guidance — Activision Blizzard (ATVI) shares are heading higher this morning after the company this morning said its March quarter results will beat previous guidance. The old guidance was for GAAP revenues of $860 million and profits of 8 cents a share …
Clay Shirky:
The Failure of #amazonfail — In 1987, a teenage girl in suburban New York was discovered dazed and wrapped in a garbage bag, smeared with feces, with racial epithets scrawled on her torso. She had been attacked by half a dozen white men, then left in that state on the grounds of an apartment building.
Scott M. Fulton, III / BetaNews:
One extra week for Microsoft to defend tying IE to Windows — After a Financial Times report this morning cited April 28 as the deadline for Microsoft to comply with a request by the European Commission to respond to its latest Statement of Objections, reporters close to the story wondered why that seemed like one week too many.
Discussion:
Neowin.net
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Kelly Fiveash / The Register:Microsoft gets second extension in IE EU antitrust brouhaha
Discussion:
All about Microsoft
Chris Morris / CNBC.com:
GameStop Wants Cheaper Consoles, Predicts Hot Titles — Consumers hoping for a price cut on video game hardware have a new—and powerful—ally. — While the video game industry has proved relatively resistant to the recession so far, the CEO of GameStop [GME Loading...
Discussion:
Gamasutra, Joystiq, VG247, Kotaku, GameBizBlog, GamesIndustry.biz, GoNintendo and Edge Online
Anthony Ha / VentureBeat:
Add Zoho to other sites with Zoho Gadgets — Zoho provides useful and free Web applications for productivity and business, just like Google does. But Zoho has done a particularly impressive job integrating all these applications together. Now it's integrating those apps with non-Zoho websites …
Peter Kafka / MediaMemo:
Gannett's Disappearing Ad Revenue Bodes Badly For Newspapers — Yesterday we got a sense of how bad the first quarter was for the magazine business. Today we get a report card from the newspaper industry, and it's equally grim. — If you're one of the few people gambling on Gannett …
Discussion:
Smalltalk Tidbits …
Claire Cain Miller / Bits:
Twitter Wants Distribution Deals, Not a Buyout — Yes, Twitter is talking to big Internet companies about forming partnerships with them. No, it is not looking to sell itself. — That is the latest from Fred Wilson, the Union Square Ventures partner who was an early investor in Twitter …
Robin Wauters / TechCrunch:
TwitPic Hits 1 Million Users, Brick Wall — Sharing photographs and other images on Twitter is a fairly natural and thus wildly popular extension of the micro-sharing service's main reason for being. We've earlier noticed how TwitPic seems to have emerged as the leader of the pack.
Discussion:
AppScout
Arik Hesseldahl / Business Week:
Mac vs. PC: What You Don't Get for $699 — A 17-in. PC may cost a lot less than a 17-in. Mac. But you get less, too, including security, multimedia tools, and, some say, satisfaction — I'm a sucker for a well-made TV ad. — Inspired by the Nike (NKE) “Just Do It” and “Air Jordan” …
Steve Espinosa / Silicon Alley Insider:
How Twitter Will Win Local Search — (This post was originally published on Local Search News) — Almost everything on Twitter is inherently local. The simple question “What are you doing?” implies that because, unless you are at home watching TV, you are doing something that is local …
Discussion:
Beyond Search
Joseph Menn / Financial Times:
Yahoo ready to sell Hot Jobs — Three months into her stint at the head of Yahoo, Carol Bartz is hastening her drive to streamline operations by disposing of ancillary businesses. — The Silicon Valley company is seeking buyers for the HotJobs employment site, people familiar …
