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9:30 AM ET, July 20, 2007

Techmeme

 Top Items: 
Justin Smith / Inside Facebook:
Breaking: Facebook Acquires Parakey  —  Just received word from Facebook that the company has made its first acquisition: Parakey, a startup founded by Blake Ross and Joe Hewitt, co-founders of Mozilla Firefox.  Ross and Hewitt will join Facebook immediately to work on the Facebook Platform.
RELATED:
Duncan Riley / TechCrunch:
Could Facebook Become The Next Microsoft?  —  Amongst all the noise today over Facebook's acquisition of Parakey, little has been said on what the acquisition means for Facebook in the broader sense.  Robert Scoble says that Facebook is the new data black hole, noting that many of his favorite apps are now appearing on Facebook.
Dave McClure / Master of 500 Hats:
Kottke is wrong — Facebook isn't AOL; it's Visual Basic.  —  For about a year or two, i've been meaning to do a followup piece on how Google, Microsoft, & Yahoo all screwed the pooch by not building out a REAL web application OS worth developing apps for, but i'm too late.  —  GYM is Old & Busted.
Michael Arrington / TechCrunch:
FaceBook's First Acquisition: Parakey  —  Their first acquisition: Facebook has bought Parakey, the yet-to-launch "web operating system" created by Firefox co-founders Blake Ross and Joe Hewitt.  The price isn't being disclosed, but Facebook should be issuing a press release this afternoon.
Robert Scoble / Scobleizer:
Facebook: the new data black hole  —  Oh, my.  —  I added the Wordpress Facebook Application a few days ago.  Now my blog, and your comments, are showing up on my Facebook Profile Page.  Along with my Twitters.  My Flickr photos.  My Google Reader items.  My Kyte videos.  And a bunch of other things.
BBC:
Facebook buys start-up Parakey  —  Social networking site Facebook has bought internet start-up, Parakey, run by two of the co-creators of the popular web browser, Mozilla Firefox.  —  Parakey is described as a platform that "bridges the gap between information on the web and the desktop".
Discussion: Dave Naylor a UK SEO
Blake Ross:   Facebook Goes Public (withnewsaboutitsrecentacquisitionofPar akey, Inc.)
Matt Marshall / VentureBeat:
Facebook's first acquisition: secretive start-up Parakey
Discussion: ParisLemon
Google:
Google Announces Second Quarter 2007 Results  —  Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter ended June 30, 2007.  —  "Our performance once again demonstrates the strength of our core search and ads business.  The growth in our global traffic combined …
RELATED:
Miguel Helft / New York Times:
Google Earnings Up 28% but Miss Expectations
Saul Hansell / New York Times:
The Food Line at the Googleplex Did Seem Rather Long
Discussion: CNET News.com
Microsoft:
Microsoft's Annual Revenue Surpasses $50 Billion  —  Double-digit revenue and EPS growth fueled by Windows Vista and the 2007 Microsoft Office system  —  Segment Revenue/Operating Income(Loss)  —  Microsoft Corp. today announced revenue of $13.37 billion for the quarter ended June 30 …
RELATED:
irconnect.com:
Ask.com to Give People Unmatched Privacy Control  —  Ask.com(R), a leading search engine and wholly-owned business of IAC (Nasdaq: IACI), today announced it will soon be implementing a new product called AskEraser that will offer its searchers unmatched control over their privacy when searching for information on the Web.
RELATED:
Barry Schwartz / Search Engine Land:
Ask.com To Launch AskEraser To Erase Search History & New Data Retention Policy  —  Ask.com announced that they will be launching "AskEraser" in the near future, a feature to allow you to erase your search history.  Ask also said it will be implementing a new 18 month data retention policy …
Duncan Riley / TechCrunch:
YouTube: Now With Customizable Player  —  YouTube has launched a new "custom player" feature that allows users to customize embedded YouTube videos.  —  Users are able to customize player features including the name of the player, color theme, layout (a standard layout or one with related videos to the right), and content.
Discussion: Beet.TV
RELATED:
Aoife White / Associated Press:
EU OKs German online search-engine grant  —  BRUSSELS, Belgium - The European Union on Thursday authorized Germany to give $165 million for research on Internet search-engine technologies that could someday challenge U.S. search giant Google Inc.  —  The Theseus research project …
RELATED:
europa.eu:   State aid: Commission endorses €120 million aid for German R&D project THESEUS
Paul McDougall / InformationWeek:
Microsoft Hit With A Second Xbox 360 Class Action Suit  —  The suit alleges that the Xbox 360 console scratches expensive game discs, making them impossible to use.  —  Microsoft has been hit with a new class action lawsuit alleging that the company's Xbox 360 console damages game discs.
RELATED:
John Biggs / CrunchGear:
Class Action Suit Against Microsoft Alleges XBox 360 Skwatches Disks …
Discussion: Inquirer
Simon Carless / Gamasutra:
Breaking: Silicon Knights Files Lawsuit Against Epic  —  According to a statement from Epic's Mark Rein sent to leading news outlets including Gamasutra, the Unreal Engine 3 creator is the subject of a lawsuit from licensee Silicon Knights regarding UE3-utilizing Xbox 360 title Too Human.
RELATED:
Brian Crecente / Kotaku:
Breaking: Silicon Knights: Epic Sabotaged Us
Discussion: digg
Jack Ewing / Business Week:
Why Nokia Is Leaving Moto in the Dust  —  Phones for high- and low-end consumers, a great supply chain, and lots of cash—the Finnish company has it all (except the iPhone)  —  Pop singer Alicia Keys and Ramkishen Pyarelal, proprieter of a Mumbai tea stall, may not have a lot in common.
Paul Miller / Engadget:
iPhone says "Hello World," here come the 3rd party apps  —  If there wasn't a vast, cold expanse of internet in the way, we could just hug those iPhone Dev Wiki folks.  Apparently a particularly dedicated hacker who goes by "Nightwatch" has compiled and launched the iPhone's very first independent …
Discussion: digg
Jonathan Richards / Times of London:
Digital DNA could finger Harry Potter leaker  —  A few lines of 'digital DNA' could allow the publishers of Harry Potter to find and finger the person apparently responsible for leaking the final adventures of the boy wizard.  —  A leaked version of what is claimed to be the latest Harry Potter novel …
 
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 More Items: 
David A. Utter / WebProNews:
Google Lawyer Settles With SEC
Discussion: PC World
Phil Butler / Read/WriteWeb:
Powerset and hakia - Quest For The Semantic Web
Ryan Singel / Threat Level:
Nearly Ten Percent of Companies Have Fired Bloggers, Survey Claims
Discussion: MediaVidea
Kelly Hill / RCR Wireless News:
Sprint Nextel, Clearwire in mobile WiMAX tie-up
RSnake / ha.ckers.org web application security lab:
Firefox Implements httpOnly And is Vulnerable to XMLHTTPRequest
Richard Mitchell / Xbox 360 Fanboy:
OXM rumor: MGS4 on 360 a few months after PS3
Discussion: CrunchGear, Kotaku, Joystiq and digg
iDefense Public Vulnerability Disclosures:
Opera Software Opera Web Browser BitTorrent Dangling Pointer Vulnerability
 Earlier Items: 
Nick Gonzalez / TechCrunch:
Velvet Puffin Finds Another Way to Bridge the Web and Desktop
Discussion: Social Media
Internet Stocks on Seeking Alpha:
Google Q2 2007 Earnings Call Transcript
Seth Godin / Seth's Blog:
Jobs of the future, #1: Online Community Organizer
Discussion: Web Strategy and Bokardo
Vidura Panditaratne / Press Esc:
Multi-gigabit wireless "within three years"
Discussion: Ars Technica
Ross Mayfield / Ross Mayfield's Weblog:
CEO 2.0  —  As a company founder, as I've written before …
Dan Fost / The Technology Chronicles:
The rebirth of advertising  —  To hear my buddy Barry Soicher tell it …
Discussion: Beet.TV
AMD:
AMD Reports Second Quarter Results
 

 
From Mediagazer:

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

Jesse Whittock / Deadline:
Wondery UK hires ex-head of studios for Spotify UK and Ireland as its head of podcasts, and launches its paid, ad-free subscription service Wondery+ in the UK

 
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