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8:45 PM ET, August 1, 2007

Techmeme

 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 …
Discussion: 901am, BloggingStocks and alarm:clock
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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 …
Michael Arrington / TechCrunch:   Extremely Happy Feet: Disney Acquires Club Penguin For Up To $700 million
Business Wire:   The Walt Disney Company Acquires Club Penguin
Dylan Tweney / Epicenter:
Stanford Summit: The Killer App for Virtual Reality Is Civility
Discussion: VC Ratings
RELATED:
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.
Matt Hamblen / Computerworld:
American Airlines to test in-flight Wi-Fi
Discussion: Engadget
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 …
RELATED:
Om Malik / GigaOM:
Have Skype SMS your Voicemail text: By Late 2007  —  Thanks to a deal between Skype and SpinVox, Skype customers can [now] soon get their voicemail messages converted to text and sent to their mobile phones via SMS.  The service launches soon [today], and will be available in English, Spanish, French and German.
RELATED:
Spencer D. Chin / TMCnet:
Skype to Offer SpinVox Voice-to-Screen Messaging
RELATED:
Tom Spring / PC World:
AC/DC Bypasses iTunes: Should Apple Care?
Discussion: Computerworld
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 …
RELATED:
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 …
Tom Krazit / CNET News.com:
Apple unloads torrent of patches, plus the first iPhone update  —  If you own a Mac or an iPhone, chances are you'll need to download at least one of the security updates issued by Apple late Tuesday.  —  Dozens of vulnerabilities and bugs were covered by a total of six downloads for Mac OS 10.3.9 …
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 …
RELATED:
Dave Winer / Scripting News:
Forrester is wrong, imho
Discussion: Silicon Alley Insider
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 …
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 …
PC Advisor:
Improved Xbox 360 processor planned  —  Chartered hints at 45nm Xbox chip  —  Sumner Lemon  —  Singaporean contract chip maker Chartered Semiconductor Manufacturing will produce a 45-nanometre (nm) processor designed for video-game consoles, probably an upcoming version of the processor used in Microsoft's Xbox 360.
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.
Discussion: TechSpot News and Slashdot
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 …
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
Sir Elton John / The Sun:
Why we must close the net  —  Web rant ... Sir Elton says the internet is destroying music  —  POP legend Sir Elton John wants the internet CLOSED DOWN.  —  Never one to keep his opinions to himself, the Rocket Man has waded into cyberspace with all guns blazing.
Discussion: CNET News.com
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.
 
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 More Items: 
Joel Hruska / Ars Technica:
Microsoft HD Photo considered for standardization by JPEG committee
Discussion: Engadget and Gizmodo
Henry Blodget / Silicon Alley Insider:
How's IAC's Ask Doing? Not Well. Forecast Bad, Too.
Discussion: WebProNews
Thomas Ricker / Engadget:
ATI graphics to support DisplayPort 1.1 in early 2008
Dan Frommer / Silicon Alley Insider:
Sprint Pulls Out Of Cable Spectrum Venture
Digital Music News:
GoFish Abandons Bolt Purchase, Licensing Issues Blamed
Business Wire:
Red Herring Launches Digital Edition Powered by Olive Software
John Koblin / New York Observer:
Google Gobbles More Space In West Chelsea
 Earlier Items: 
Larry Dignan / Between the Lines:
How will Yahoo address social networking?
logitech.com:
One Size Does Not Fit All: Logitech G9 Laser Mouse Lets Gamers Tune …
Eric Miraglia / Yahoo! User Interface Blog:
YUI 2.3.0: Six New Components and a Prettier Face
Joe Fay / The Register:
Dancing Ballmer subjected to Zune dance therapy
Kim Zetter / Wired News:
Scan This Guy's E-Passport and Watch Your System Crash
Discussion: Engadget, Bits and digg
Mark Hendrickson / TechCrunch:
TC Interns' 10 Favorite Facebook Applications