Top Items:
New York Times:
Palm Is Said to Sell Stake to Equity Firm in Revamping — Palm Inc., the struggling hand-held device company that makes the Treo, reached a deal yesterday to sell a quarter of the company to Elevation Partners, a private equity firm, for about $325 million as part of a plan to reorganize the company …
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Rafat Ali / mocoNews.net:
Palm to Sell 25 Percent Stake To Elevation, For $325 Million — Palm, facing increasing competition in the industry, is selling a 25 percent stake to Elevation Partners, the private-equity firm that has Bono as a partner and a bunch of former Apple Inc. executives, reports WSJ.
Business Wire:
Palm Announces Strategic Recapitalization With Elevation Partners; World-Class Additions to the Board and Executive Leadership — Shareholders to Receive Distribution of $9 per Share in Cash — SUNNYVALE, Calif.—(BUSINESS WIRE)—Palm, Inc., (Nasdaq:PALM - News) today announced …
BBC:
Launch date for iPhone revealed — Apple has confirmed that its much-anticipated iPhone product will launch on 29 June in the US. — The date was given in a series of TV adverts broadcast on Sunday, and was later confirmed by a spokesman for the California-based company.
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John Markoff / New York Times:
Fever Builds for iPhone (Anxiety Too) — During an onscreen demonstration of the iPhone in Apple's sprawling retail store here recently, an employee, clad in a black T-shirt, of course, surprised a potential customer. — Nonplused, the customer stammered, "You mean it's a cellphone, too?"
Discussion:
Apple 2.0, Gizmodo, Engadget, Apple Gazette, textually.org, The Unofficial Apple Weblog, Mobilitee, Incremental Blogger and digg
Michael Arrington / TechCrunch:
Microsoft: Silicon Valley Team Building Stealth Search Engine — Microsoft has gathered a team of twenty or more "rock star" developers who've been tasked at building their next generation search engine, a source has told us. The team, which supposedly came together recently …
Guy Kawasaki / How to Change the World:
By the Numbers: How I built a Web 2.0, User-Generated Content, Citizen Journalism, Long-Tail, Social Media Site for $12,107.09 — Because of Truemors, I've learned a lot about launching a company in these "Web 2.0" times. Here's quick overview "by the numbers." — 0. I wrote 0 business plans for it.
Brooks Barnes / Wall Street Journal:
Hearst-Argyle, YouTube to Share Revenue From TV Video Clips — Hearst-Argyle Television Inc., one of the nation's largest operators of local TV stations, will distribute news, weather and entertainment video to Google Inc.'s YouTube in a revenue-sharing agreement.
Discussion:
splashcastmedia.com, Lost Remote, paidContent.org, Media 3.0 with Shelly Palmer and Reel Pop
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Marc Andreessen / blog.pmarca.com:
Bubbles on the brain — It has become commonplace in Silicon Valley and in the blogosphere to take the position that we are in another bubble — a Web 2.0 bubble, or a dot com bubble redux. — I don't think this is true. — Let's examine the theory of a new bubble from a few different angles.
Discussion:
Guardian Unlimited, MYBLOG by Ouriel, A VC, Vecosys, GigaOM, Marshall Kirkpatrick, mathewingram.com/work and Paul Kedrosky's …
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Drew / Dembot:
Rocketboom Sponsorship Launch — Tomorrow on Monday we will be launching a new sponsorship model on Rocketboom! — Just over a year ago, we ran out money for Rocketboom. … The plan had materialized months prior but I never wanted to take the risk. I certainly was into the excitement, but what if no one bid?
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Robert Scoble / Scobleizer:
The better iPhone: Nokia N95? — Mauricio Idarraga at Puremobile.com sent me a Nokia N95. He wrote in the letter that came with the phone: … I'm in love already. No, not with Mauricio. Heheh. Of course PureMobile is now going to get all my cell phone business. But rather, I'm in love with the Nokia N95.
Cleve Nettles / 9 to 5 Mac:
Some VERY Interesting iPhone Developments — More info from around the proverbial "industry water cooler" has come out today on the iPhone. Some interesting tidbits are starting to put the puzzle pieces together on how the iPhone will operate with the Macintosh OS (and Windows).
Ryan Singel / Wired News:
Desperate Botnet Battlers Call for an Internet Driver's License — SAN FRANCISCO — Frontline internet-crime fighters from security companies, law enforcement agencies, banks and e-commerce sites huddled at a secretive conference last week to confer on new tactics in the war on cybercrime.
Richard MacManus / Read/WriteWeb:
Amazon Comes to Twitter — The use cases for Twitter, the IM/blogging hybrid that has taken the blogger world by storm, continues to grow. Tonight I spotted Amazon.com using Twitter to announce Gold Box deals. I found out about this via (what else) Twitter, when bloggersblog pinged it …
