Top Items:
Merissa Marr / Wall Street Journal:
Disney to Buy Club Penguin — Seeking to bolster its online presence among kids, Walt Disney Co. said it is buying the popular Club Penguin virtual community for $350 million in cash. — Disney said it had agreed to pay up to another $350 million to Club Penguin's founders …
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Staci D. Kramer / paidContent.org:
Disney Acquires Club Penguin In Deal Valued At $700 Million; To Be Branded 'Disney's Club Penguin' — On a call with Disney CEO Bob Iger now while he announces the company's acquisition of Club Penguin, which he describes as a perfect fit. It's a cash payment of $350 million and an opportunity …
Discussion:
VentureBeat, GigaOM, Epicenter, Virtual Worlds News, Brier Dudley's blog, Paul Kedrosky's …, Technology News Daily and Web Strategy
Michael Arrington / TechCrunch: Extremely Happy Feet: Disney Acquires Club Penguin For Up To $700 million
Dylan Tweney / Epicenter:Stanford Summit: The Killer App for Virtual Reality Is Civility
Discussion:
VC Ratings
PR Newswire:
American Airlines Selects AirCell to Launch In-Flight Wi-Fi Service Over U.S. — American Airlines Becomes First Airline to Launch AirCell's High-Speed Broadband Internet Service on Aircraft Flying Over U.S.; Conquering the Last Frontier for Internet Access
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Joshua Topolsky / Engadget:
Lufthansa to add in-flight broadband by 2008 for long-hauls — Lufthansa is apparently continuing the airborne scramble to get customers connected, announcing that with the help of T-Mobile it will be reinstating its broadband service (formerly from Connexion) to its long-haul flights by 2008.
Peter Lauria / New York Post:
DISCOVERY BUYS GREEN — Discovery Communications has scooped up a companion Web site to its upcoming Planet Green cable network, agreeing to buy Treehugger.com for about $10 million, The Post has learned. — The deal, expected to be announced today, marks the first acquisition for Discovery under …
Discussion:
CNET News.com, The Browser, Valleywag, Earth2Tech, Tech Confidential Blog and Geek Speaker
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Wall Street Journal:
Murdoch Wins His Bid for Dow Jones — Bancroft Family Agrees — To $5 Billion Offer — After Deal on Fees — A New Owner for Journal — A century of Bancroft-family ownership at Dow Jones & Co. is over. — Rupert Murdoch's News Corp. sealed a $5 billion agreement to purchase …
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Vidya Lakshmipathy / Forrester Research:
The Mobile Web Versus The Web On An iPhone: iPhone Wins In A Blowout — EXECUTIVE SUMMARY — On June 29, 2007, Apple released the highly anticipated iPhone to the public. Forrester evaluated the iPhone's capabilities, and we believe that the iPhone signals the beginning of the end …
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Eric Bangeman / Ars Technica:
FTC complaint flags NFL, MLB, studios for overstating copyright claims — Any fan of the NFL can almost recite the warning by memory: "This telecast is copyrighted by the NFL for the private use of our audience. Any other use of this telecast or any pictures, descriptions …
Discussion:
The Register, Salon: Machinist, Wendy Seltzer's Home Page, Life On the Wicked Stage, Boing Boing, Slashdot and digg
Michael Arrington / TechCrunch:
Amazon To Launch Payments Services; Will Compete With PayPal and Google Checkout — Look for a launch announcement by Amazon this week or next of a new web service around payments, adding to their S3 (storage), EC2 (virtual server) and other services. They've been quietly testing the service …
Discussion:
Read/WriteWeb, Today @ PC World, Download Squad, Valleywag, eBay Strategies, 24/7 Wall St. and The Utility Belt
Reuters:
Google wary of behavioral targeting in online ads — MOUNTAIN VIEW, California (Reuters) - Google Inc. is looking to find more links between the searches its users do in order to better target advertising, but the company is reluctant to go much further than that in tracking their behavior.
Erin McMahon-Lyman / eMediaWire:
Canaan Partners Expands its Digital Media Portfolio and Leads $10M Investment in Associated Content — Firm to Drive Growth of Innovative, Online Content Publishing Company — Menlo Park, CA (PRWEB) August 1, 2007 — Canaan Partners, a $2.4 billion global venture capital firm …
Discussion:
Epicenter, VentureBeat, HipMojo.com, alarm:clock, WebProNews, paidContent.org and Technology News Daily
John C. Dvorak / PC Magazine:
Bubble 2.0 Coming Soon — Every single person working in the media today who experienced the dot-com bubble in 1999 to 2000 believes that we are going through the exact same process and can expect the exact same results—a bust. It's déjà vu all over again.
Serdar Yegulalp Mitch Wagner / InformationWeek:
Linux Vs. Mac: Which Is The Better Alternative To Microsoft Windows? — If you're a Vista-wary Windows user who would rather switch than fight, should you move to a Linux distro or Apple's OS X? We asked a Mac fan and a Linux advocate to lead a guided tour of each OS.
Christopher Grant / Joystiq:
65nm 360 chips in production 'last two quarters' - 45nm on the way — Though we're pretty confident the Xbox 360 price drop is coming sooner than "this Fall" - more like August 12th, if you want to be specific - we've had the entire Fall season marked on our Microsoft Executive Swimsuit calendar with "65nm chips" reminders.
Discussion:
PC Advisor, Engadget, Kotaku, TechSpot News, Gizmodo, GamesIndustry.biz and DigitalBattle
Ethan Smith / Wall Street Journal:
Digital-Music Holdout AC/DC Spurns iTunes, Signs With Verizon — AC/DC, one of the last high-profile holdouts in the digital-music era, is finally making its 17-album catalog available to online music buyers. But in a twist that highlights shifting power dynamics in the world of digital music retailing …
Eric Bangeman / Ars Technica:
Console mod-chippers busted in nationwide raids — Federal agents have carried out a series of raids against individuals and businesses in 16 states as part of an investigation into the distribution and sale of mod chips. Dubbed "Operation Tangled Web", the 32 search warrants were executed …
Discussion:
TechSpot News
Bluetooth.com:
BLUETOOTH SIG ADOPTS NEW CORE VERSION 2.1 + EDR — New Spec Makes Device Set-Up Faster, Easier and Increases Battery Life — The Board of Directors of the Bluetooth Special Interest Group (SIG), the more than 8,000-member strong trade association responsible for advancing Bluetooth wireless technology …
Digital Music News:
GoFish Abandons Bolt Purchase, Licensing Issues Blamed — Video-sharing destination GoFish is now abandoning its purchase of Bolt, according to sources to Digital Music News. The acquisition, first reported in February, involved a stock-for-stock transaction valued at $30 million.
