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1:55 PM ET, May 30, 2007

Techmeme

 Top Items: 
BBC:
Music site Last.fm bought by CBS  —  Social music site Last.fm has been bought by US media giant CBS Corporation for $280m (£140m), the largest-ever UK Web 2.0 acquisition.  —  The online network was founded in the UK five years ago and it now has more than 15 million active users.
RELATED:
Joseph Menn / Los Angeles Times:
CBS to buy social network  —  It is expected to pay $280 million for the Last.fm site, which caters to music fans.  —  CBS Corp. is buying a popular social-networking website organized around musical tastes for $280 million, combining a traditional broadcast giant with an early leader in online radio.
Richard Jones / Last.fm:
Last.fm Acquired By CBS  —  Today, Last.fm was acquired by CBS, a company who had the first commercial radio station in the US, ran a record label (CBS Records), and amongst other things are responsible for several respected TV series (CBS on Wikipedia).  —  The team here have spent a lot …
Reuters:
CBS buys online music network Last.fm  —  LONDON (Reuters) - CBS Corp said on Wednesday it had paid $280 million in cash for the popular music social network service Last.fm.  —  CBS said in a statement the online service had more than 15 million active users in more than 200 countries …
Discussion: alarm:clock euro and CrunchGear
Pete Cashmore / Mashable!:
WOW: CBS Acquires Last.fm for $280 Million  —  I did not expect this one: despite ongoing rumors that Viacom would snap up the music site for a massive $450 million, CBS will announce today the acquisition of Last.fm for $280 million, according to an unverified source.  The aim is to attract young people to the CBS brand.
Fred / A VC:
CBS Buys Last.fm
Discussion: alarm:clock
Larry Larsen / Channel 10:
First Look: Microsoft Surfacing Computing!  —  About a year ago I gave a presentation to a group of journalists about gadgets of the future and showed a video about a theoretical multi-touch computing system.  When asked when we would see something like that in the wild, I optimistically ballparked 5-7 years.
RELATED:
Glenn Derene / Popular Mechanics:
Microsoft Surface: Behind-the-Scenes First Look (with Video)  —  The software giant will announce at the D5 conference today that it's built a new touchscreen computer—a coffee table that will change the world.  Go inside its top-secret development with PopularMechanics.com …
Microsoft:
Microsoft Launches New Product Category: Surface Computing Comes …
Derick Mains / Apple:
Apple Launches iTunes Plus  —  Higher Quality DRM-Free Tracks Now Available on the iTunes Store Worldwide  —  Apple® today launched iTunes® Plus—DRM-free music tracks featuring high quality 256 kbps AAC encoding for audio quality virtually indistinguishable from the original recordings …
RELATED:
Arn / MacRumors:
Apple Releases iTunes 7.2, Launches iTunes Plus (DRM Free) [Now Available]  —  Apple released iTunes 7.2 updated in the Mac OS X Software Update tonight, which offers support for "iTunes Plus", Apple's new DRM-free $1.29 offerings announced in April.  —  With iTunes 7.2, preview …
Tom Spring / Today @ PC World:
Apple Launches iTunes Plus with DRM-Free Tracks
Discussion: TechSpot News
Wall Street Journal:
The Shape of Computers to Come?  —  The Latest Products Seek  —  To Explore New Forms, Uses  —  It's time for computer designers to think outside the box.  From Microsoft Corp. to Silicon Valley start-ups, technology companies are introducing computers with fundamentally new forms.
RELATED:
USA Today:
Table is set for computing
Miguel Helft / New York Times:
Take Note: Computing Takes Up Pen, Again
Discussion: Tech_Space
RELATED:
Blog.Photobucket.com:
Important Photobucket Announcement
Christopher Soghoian / slight paranoia:
A Remote Vulnerability in Firefox Extensions  —  See a demo of the attack against Google Browser Sync: (12MB Quicktime).  —  Executive Summary  —  A vulnerability exists in the upgrade mechanism used by a number of high profile Firefox extensions.  These include Google Toolbar …
Discussion: Zero Day
RELATED:
Ryan Singel / Threat Level:
Google, Yahoo, Facebook Extensions Put Millions of Firefox Users At Risk  —  Firefox browser users love the myriad of third-party extensions that tweak the open-source browser's performance, but some of the most popular of those extensions have created a security hole so wide even a newbie AOL hacker …
Brian Krebs / Security Fix:
A New Vector For Hackers — Firefox Add-Ons
Discussion: JD on EP
RELATED:
Brent Schlender / Fortune:
The trouble with Apple TV  —  Steve Jobs' latest is a dud - and that speaks volumes, says Fortune's Brent Schlender.  —  (Fortune Magazine) — Let's pause for a moment amid the worshipful buzz before the launch of Apple's iPhone in June to consider the heretical notion that Steve Jobs might be promising more than he can deliver.
Discussion: MacDailyNews and MacSlash
John Battelle / John Battelle's Searchblog:
DEATH OF JOURNALISM - BLAME GOOGLE?  NO. ASK GOOGLE TO LEAD?  YES.  —  Thanks to commentor Kimo for pointing me to this SF Gate Op Ed, written by Neil Henry, a former colleague at the Graduate School of Journalism.  —  Snip: … I can't disagree more with what Neil is saying in this first part …
James Brightman / Business Week:
PS3 Price Cut Too Little Too Late  —  Dropping the price of the PS3 won't ease Sony's woes, says BoA analyst  —  According to Bank of America's Michael L. Savner, a price drop on the PlayStation 3 later this summer or fall would likely not be enough to stimulate sales of Sony's console significantly.
 
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 More Items: 
ChannelWeb Breaking News:
Review: Vista, XP Users Equally At Peril To Viruses, Exploits
Discussion: Ars Technica
Between the Lines:
D5: Microsoft CEO Steve Ballmer on the hot seat
Discussion: AppleInsider and Webware.com
Crayton Harrison / Bloomberg:
AT&T Says Expectations for Apple IPhone Are `Too Low' (Update2)
Eric Eldon / VentureBeat:
Q&A with iLike's Ali Partovi, on Facebook
Blake Snow / Next Generation:
Bungie: Graphical Improvements Coming to Halo 3
Agence France Presse:
Japanese mobile users to get advance quake warnings
 Earlier Items: 
Joseph Thornley / Pro PR:
Mike Arrington brings TechCrunch to mesh
Discussion: IP Democracy and mesh blog
GamePolitics.com:
ANOTHER N.Y. Game Bill - Democratic Proposal Could Turn Retailers into Felons
Discussion: Game | Life
Nick Gonzalez / TechCrunch:
Grateful Dead Fan Site Reborn as Social Network
Discussion: ClickZ News Blog
Caroline McCarthy / CNET News.com:
In defense of Twitter  —  Editor's note: CNET News.com …
Ryan Singel / Wired News:
Which ISPs Are Spying on You?  —  The few souls that attempt …
 

 
From Mediagazer:

Ravi Somaiya / New York Times:
New York Times to cut 100 jobs through buyouts and layoffs, NYT Opinion to be shuttered

Steve Pond / The Wrap:
PBS, CBS Are Big Winners at News and Documentary Emmy Awards

Brooks Barnes / New York Times:
‘Twilight’ to Be Revived in Short Films on Facebook

 
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