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Yahoo to Acquire Xoopit for About $20 Million — Yahoo plans on announcing Thursday that it has bought Xoopit for a price in the $20 million range, according to several sources, one of its first acquisitions in a long while. — Reached late this afternoon by BoomTown, a Yahoo (YHOO) …
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GigaOM, TechCrunch, CNET News, Digits, Softpedia News, Silicon Alley Insider, paidContent, Seeking Alpha and AppScout


Artists Find Backers as Labels Wane — There was a time when most aspiring musicians had the same dream: to sign a deal with a major record label. — Now, with the structure of the music business shifting radically, some industry iconoclasts are sidestepping the music giants and inventing …


Ning Raises $15 Million More at a-Yes, Really-$750 Million Valuation — In a quiet fund-raising effort, Ning has raised $15 million more, a round that is valuing the social networking start-up at an eye-popping $750 million valuation. — In its last fundraising $60 million round a little …
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Silicon Alley Insider, Venture Capital Dispatch, TechCrunch, 901am, Pulse2, Softpedia News, blogs.ft.com, VentureBeat, paidContent, Andy Beal's Marketing Pilgrim and Beet.TV, Thanks:atul

Apple Reports Third Quarter Results — Best Non-Holiday Quarter Revenue and Earnings in Apple History — Apple® today announced financial results for its fiscal 2009 third quarter ended June 27, 2009. The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share.
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Adknowledge buys Super Rewards, expands to virtual goods advertising — Offer-based advertising company Super Rewards has been bought by advertising conglomerate Adknowledge in one of the largest acquisitions to date among companies that build services on social networking platforms.


Video First Look: BlackBerry Storm 9550 in Action! — ** Video Removed as per the Request of the Hockey Lovers in Waterloo. Give Jim a Team Already and Make it Seven! — * update: wow, apologies in the video for flipping around the device so much in my hands. must have had too much green tea this afternoon.

Hon Hai Suspends Security Official Following Suicide of IPhone Employee — Hon Hai Group, the world's largest contract-manufacturer of electronics, suspended a security official at one of its subsidiaries after the death of an employee who lost a prototype of an Apple Inc. iPhone.
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Exclusive: MySpace Mail Slated To Launch This Week — This Thursday, MySpace plans to roll out its own webmail, paidContent has learned from sources familiar with the plans. The News Corp (NYSE: NWS). social network, like competitor Facebook, allows messaging—a much-used service …


AT&T to Power Upcoming E-Reader — AT&T said Wednesday that it will provide the 3G data connectivity for Plastic Logic's e-reader when the device becomes available next year. — All Things D — Plastic Logic CEO Richard Archuleta shows off the company's e-reader at the D conference in May.
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Plastic Logic, Brainstorm Tech, Open Sources's blog, DSLreports, Bits, Inc.com, Electronista, MediaMemo, paidContent, TeleRead, MobileContentToday, Obsessable and Gearlog


Probably Not The Palm Pre Chart Roger McNamee Wants To See — “You know the beautiful thing: June 29, 2009, is the two- year anniversary of the first shipment of the iPhone,” Elevation Partners (which owns a huge portion of Palm) co-founder Roger McNamee told Bloomberg in March.


Sam Raimi plays ‘Warcraft’ — Director signs on for live-action adaptation of vidgame — Sam Raimi has signed on to direct “Warcraft,” the live-action film adaptation of the fantasy videogame franchise “World of Warcraft.” — Legendary Pictures and vidgame publisher Blizzard Entertainment …
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PC World, AppScout, Mashable!, /Film, Tech Central, MTV Multiplayer, Kotaku, The Register and bit-tech.net

When will you get Windows 7 RTM? — When will I get Windows 7 RTM? — I recognize this is an important question to have answered. Many of you have said you want to know exactly when you will be able to get your hands on RTM. Last Monday, I gave an update on RTM to close out some myths.
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All about Microsoft, BetaNews, PC World, DailyTech, virtualization.info, Softpedia News, Computerworld Blogs, Gear Diary, HotHardware.com News, Guardian, ChannelWeb, The Register, TechSpot, Computerworld, Electronista, Full of I.T., internetnews.com, jkOnTheRun, Donna's SecurityFlash, CNET News, Engadget, GottaBeMobile.com, Gizmodo, ithinkdifferent and Windows 7 Center, Thanks:anandiyer


Synaptics moves to cell phones with 10-finger touch screens — The Apple iPhone popularized the multitouch screens that you can swipe with your hands, but the underlying technology came from Synaptics, which supplied the touch-based components that made it possible to control a phone's features …
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Technologizer, GigaOM, Gizmodo, Liliputing, SlashGear, Engadget, GottaBeMobile.com and Electronista

The tech jobs that the cloud will eliminate — InfoWorld - As if outsourcing, virtualization, utility computing, automation, hosted applications, and a recession weren't enough to stress out the average IT professional, there's the emerging threat of cloud computing to take away even more IT jobs.


Navigon launches MobileNavigator for iPhone, for North America — Navigon AG on Wednesday announced the launch of its MobileNavigator software for North America, for the iPhone. It costs $70 until August 15, when the price rises to $100. — MobileNavigator doesn't require …
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Technologizer, MacRumors, Gizmodo, Gadget Venue, Mashable!, iLounge, dailywireless.org and PE Hub News

HTC to offer Qualcomm BMP-based handsets, hike adoption of Android — Taiwan-based High Computer Tech (HTC) will launch a high-profile 3G handset based on Qualcomm's Brew Mobile Platform (BMP) in September or October targeting the consumer segment, according to industry sources in Taiwan.
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last100, The Register, InformationWeek, SlashGear, Phone Arena, Android Phone Fans and I4U News


How Much Is That Apple Tablet Going To Cost? Not $399 Or $499. — There are always good bits of data you can pry from Apple's cold fingers during the Q&A sessions of its quarterly earnings conference calls. Today was no different. — As usual, a question came up about Apple entering the …

Aptina to be sloe supplier of 1.3-megapixel CIS for new Xbox 360, say sources — Aptina has won exclusive rights to supply 1.3-megapixel CMOS image sensors (CIS) for a new version of the Xbox 360 console under Microsoft's Project Natal technology, and shipments of the new Xbox 360 are slated …


iControl raises $23M third round for broadband home management — iControl Networks, a Palo Alto-based startup, has closed a C round of funding that adds $23 million to bring the company's total funding to more than $45 million. The company makes home security and energy control systems …
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VatorNews


Samsung one ups LG, announces the world's thinnest watchphone, S9110 — As much as Samsung loves to claim a “world's first” every single day of the week, I know they love to beat LG more than anything. Today is no different, folks. Samsung has unveiled an 11.98mm watchphone by the name of S9110.


Dell Drops Adamo Price to Compete with MacBook Air — Dell has dropped the prices of their Adamo ultraportables, matching the low-end MacBook Air. The higher-end Adamo, however, is still more expensive than Apple's top of the line model. Apocalypse is, no doubt, very near.


HTC Hero review — There's no underestimating the appeal of the HTC Hero; since we shot our unboxing video and preliminary hands-on at the end of last week it's been watched more than 300,000 times. The third Android device to reach the market, the Hero promises not only an updated camera and design …
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iMAndroid


Facebook Video: Now Serving 1 Billion Views A Month, Including This Amazing Zuck Impression — For the last few months Facebook has been regularly posting promotional videos to its Career site, introducing prospective applicants to all the neat things that go on behind the scenes.


Intel appeals to EU court over antitrust fine — BRUSSELS (Reuters) - U.S. chipmaker Intel Corp on Wednesday appealed to Europe's second highest court against an antitrust finding and a 1.06 billion euro ($1.50 billion) fine levied by EU regulators. — “We believe the European Commission misinterpreted …
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DailyTech


Google Docs, Slowly Morphing into Google Drive — The new interface of Google Docs, which is slowly rolled out to all users, brings the service one step closer to an online storage service. The “items by type” menu replaced “PDFs” with “Files”, suggesting that Google Docs will allow users to upload any type of files.


How The Times' Home Page Gets Made — By most counts, New York Times deputy managing editor Jonathan Landman still considers the front page of the printed newspaper a sacred space, a place where editors and reporters display their best work and uphold the tradition of The Times' quality reporting.
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Silicon Alley Insider