Top Items:
Iain Dey / Telegraph:
Yahoo may net Bebo owners $1bn — Yahoo is rumoured to be working on an attempted takeover of Bebo, Britain's most popular social networking site, which could turn its British-born founder into the next internet billionaire. — Michael Birch founded the site with his American wife, Xochi, in 2005.
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Pete Cashmore / Mashable!:
Yahoo In Talks To Buy Bebo for $1 Billion (Rumor) — A huge rumor is floating around the UK this weekend, topped off with articles in the British Sunday papers: Yahoo is said to be in talks with Bebo about a $1 billion acquisition. — The site, launched in 2005, has been the source …
Michael Arrington / TechCrunch:
Yahoo's Rumored $1 billion Talks With Bebo — Update: Recent Comscore traffic data for Bebo, MySpace and Facebook is here. — Rumors about social networking site Bebo being for sale come up every few months. First it was British Telecom for $550 million in July 2006 (we started that one) …
Discussion:
Screenwerk
Margaret Webb Pressler / Washington Post:
For Texting Teens, an OMG Moment When the Phone Bill Arrives — Sofia Rubenstein, 17, got in trouble the way a lot of teens do these days. — Her incessant text-messaging racked up a huge phone bill on the family's wireless plan. — "It's whatever pops into my head. There's no stopping it," she said.
Discussion:
cruel to be kind
Clay Shirky / Many-to-Many:
The (Bayesian) Advantage of Youth — A couple of weeks ago, Fred Wilson wrote, in The Mid Life Entrepreneur Crisis "...prime time entrepreneurship is 30s. And its possibly getting younger as web technology meets youth culture." After some followup from Valleywag, he addressed the question …
Mark Wallace / 3pointD.com:
Anshe to Launch Inter-World Financial Market — Virtual entrepreneur Anshe Chung will launch a virtual world-spanning financial market in early June, according to a news release on the Anshe Chung Studios site. The service will "allow direct capital flow and investment across virtual world boundaries …
Michael Arrington / TechCrunch:
MyMiniLife: Your Embeddable Virtual World — MyMiniLife is a Flash based virtual world/social network. Users create and customize a character and then build out a virtual space, adding walls, floors, doors, windows, etc. Users can then add customized goods ranging from lamps to cannons to the space …
Michael Arrington / TechCrunch:
Geni: Earning That $100 million Valuation — When genealogy site Geni announced that it had raised a venture round from Charles River Ventures valuing the two month old startup at $100 million, more than a few eyebrows were raised. For the last couple of months, people have referred to …
Discussion:
Feld Thoughts
Joe Garofoli / San Francisco Chronicle:
Chronicle to cut 25% of jobs in newsroom — To cut costs and try to adapt to a changing media marketplace, The Chronicle will trim 25 percent of its newsroom staff by the end of the summer. — "This is one of the biggest one-time hits we've heard about anywhere in the country," …
Steve Lohr / New York Times:
Bright Ideas: Reaping Results: Data-Mining Goes Mainstream — RODNEY MONROE, the police chief in Richmond, Va., describes himself as a lifelong cop whose expertise is in fighting street crime, not in software. His own Web browsing, he says, mostly involves checking golf scores.
Dennis Howlett / AccMan:
Intuit's blow out quarter — Intuit's blow out quarter — Intuit surprised everyone except Stock Market Beat with revenues and operating income up 21%. CEO Steve Bennett was in upbeat mood: … Intuit upped its revenue guidance for the year by a handy $50 million. What's interesting to me is the detail.
Discussion:
Between the Lines
Mark Coker / VentureBeat:
Elementeo's 13-year-old CEO, highlight of TiECON — TiECON 2007, the big technology conference in Santa Clara, Calif., kicked off yesterday. — The buzz on the expo floor was about Silicon Valley gaming startup Elementeo and its precocious 13-year old founder and chief executive, Anshul Samar.
Miguel Helft / New York Times:
Internet Giants Vie to Snap Up Web Ad Firms — It's a good time to be an Internet advertising company. — In the struggle for advantage in the digital advertising boom, companies like Google, Yahoo, Microsoft and AOL are rapidly acquiring once-obscure firms, sometimes for eye-popping prices.
Kristen Nicole / Mashable!:
The Pirate Bay to Launch YouTube Killer — The rumors about The Pirate Bay launching a streaming video site have been put to rest. — The Pirate Bay team has confirmed in their blog that they are most definitely building a streaming video site. While the details remain sketchy for this latest project …
