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5:42 AM ET, August 26, 2006


 Top Items: 
John Leyden / The Register:
Fugitive CEO tracked down to Sri Lanka after Skype call  —  A hi-tech chief executive turned fugitive has been tracked down in Sri Lanka by a private investigator after 10 days on the lam.  —  Jacob "Kobi" Alexander, 54, faces fraud charges over a stock options scandal involving the voicemail software firm he founded, Comverse.
Report: Fugitive top hi-tech exec tracked down in Sri Lanka  —  The founder of Israeli hi-tech giant Comverse, who fled the United States ten days ago, was tracked down in Sri Lanka by an Israeli private investigator, the Ma'ariv daily newspaper reported on Thursday.
Discussion: Webtown
Eric Bangeman / Ars Technica:
Fugitive exec nabbed after Skype call  —  Kobi Alexander, the founder of Comverse, was nabbed in Negombo, Sri Lanka yesterday by a private investigator.  He is wanted by the US government in connection with financial fraud charges.  He is accused of profiting from some very shady stock-option deals …
Discussion: Engadget and .:UNEASYsilence:.
Spammers manipulate stock markets  —  Spam messages that tout stocks and shares can have real effects on the markets, a study suggests.  —  E-mails typically promote penny shares in the hope of convincing people to buy into a company to raise its price.  —  People who respond to the …
Ina Fried / CNET
Microsoft's Zune aims to be social butterfly  —  update Microsoft's forthcoming Zune player is shooting to be the life of the party, allowing users to create mobile social networks and stream music to nearby friends or strangers, according to a government regulatory filing.
Matt Marshall / SiliconBeat:
Former Tribe leader Pincus back at helm; pledges "new direction"  —  Mark Pincus has just taken back the helm at San Francisco social networking company, Tribe.  We heard about this months ago, but Mark would never say anything publicly, so we just kept waiting.
Valleywag:   Tribe update #1: Yes, Virginia, there is a takeover.
Nathan Weinberg / InsideMicrosoft:
MICROSOFT CAVES ON RIBBON COMPLAINTS  —  In what is a bit of an unfortunate decision, Microsoft has announced it is modifying the way the Ribbon in Office 2007 performs, giving into complaints from users that the Ribbon was taking up too much screen space.  This despite the fact …
Robert A. / psp3d:
Hacking Wireless Networks With The PSP  —  Hacking Wireless Networks With The PSP  —  Hacking Wireless Networks With The PSP  —  Is the PSP spurring a new generation of safety concerns?  —  One doesn't often associate a child bearing a portable gaming console as a potential hacker, or, worse, a terrorist.
Scott Carlson / Chronicle of Higher Education:
U. of California Will Provide Up to 3,000 Books a Day to Google for Scanning, Contract States  —  A mere two months after the University of California begins its book-digitization project with Google, the university may provide the search company with a whopping 3,000 books a day for scanning.
Discussion: Television Archiving
Jane Martinson / Guardian:
Google's geeky queen of the search-o-sphere  —  The internet executive is on a constant search for the 'next big thing' - just now she has TV stations worried  —  Marissa Mayer should be spending today programming some LED light strings for an art installation in her home.
Richard MacManus / Read/WriteWeb:
Windows Live breaks into Alexa Top 10  —  Despite all the broohaha over whether Spaces is the biggest blog service on the planet, it's apparent that Windows Live is making an impact on the Web.  After being around for less than a year, Alexa now ranks (and all its sub-domains) as the 10th biggest property on the Web.
Ryan Block / Engadget:
FairUse4WM strips Windows Media DRM!  —  So far as the yet very quiet forums are claiming, a new app called FairUse4WM can be used to strip Windows Media DRM 10 and 11 (i.e. PlaysForSure, but not WM DRM 9).  Yes, yes, we know, we've heard this song and dance before.
Skeptic / Dead2.0:
Should VCs fund bloggers' wet dreams?  —  The term "blogging" alone is enough to cause a ruckus in some circles.  Some people think it's a personal thing, others think it's the opposite.  Some are motivated by ego.  Wait, no, all are motivated by ego.  And as I've previously reported …
Discussion: Om Daily
Om Malik / GigaOM:
Get a gig on GigaOM Jobs  —  Paidcontent, the digital media and content publication was one of the first to realize that niche job boards were the future, and introduced its Digital Media Jobs board, when we were rank amateurs in comparison.  Since then vibrant communities like 37Signals …
Discussion: CrunchNotes and PostBubble
Mike / Techdirt:
Rethinking The Music Industry Business Model... Finally Going Mainstream  —  from the can't-stop-the-trend dept  —  For all the complaints we have about the way the RIAA conducts its business, we have always been optimistic that things would get sorted out eventually.
Discussion: Newsome.Org
Smith / Z-List Local Celebrity:
A magazine for friends.  —  click for the larger version  —  MySpace weighs up spin-off magazine  —  Mark Sweney  —  Friday August 25, 2006  —  News Corporation is considering a spin-off print magazine for fans of its social networking website MySpace.
John Paczkowski / Good Morning Silicon Valley:
Welcome to the staff of MySpace magazine. Don't buy a house.
Discussion: Techdirt
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Katie Fehrenbacher / GigaOM:
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Evidence-destroying defendant severely sanctioned in P2P file-sharing case
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From Mediagazer:

Roger Yu / USA Today:
Gannett to buy Milwaukee-based Journal Media Group for $280M in cash deal, expected to close in early 2016

Martin Vacher / Spotify:
Discover Weekly reaches one billion tracks streamed in 10 weeks

Piya Sinha-Roy / Reuters:
InStyle to send branded cardboard VR headsets to subscribers for its November 360-degree cover

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