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8:20 PM ET, October 24, 2007

Techmeme

 Top Items: 
Ina Fried / CNET News.com:
Source: Microsoft wins Facebook bid battle  —  Update: 12:30 p.m. see bottom.  —  After weeks of speculation, Microsoft appears to have won a battle with Google over who would get a stake in Facebook, according to a source familiar with the situation.  —  Microsoft and Facebook were close to a deal, according to the source.
RELATED:
Brad Stone / New York Times:
Microsoft to Pay $240 Million for Stake in Facebook  —  Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook.  —  The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook.
PR Newswire:
Facebook and Microsoft Expand Strategic Alliance  —  Microsoft to take equity stake in Facebook; companies expand advertising deal to cover international markets.  —  PALO ALTO, Calif. and REDMOND, Wash. /PRNewswire-FirstCall/ — Facebook® and Microsoft Corp. today announced that Microsoft …
Erick Schonfeld / TechCrunch:
Facebook Takes the Microsoft Money And Runs.  —  While the storyline would have been more dramatic if Facebook had spurned its current ad-serving partner Microsoft for Google, it is confirmed that Microsoft has won the deal.  It will invest $240 million in Facebook and expand its existing relationship …
Peter Lauria / New York Post:
ONLINE FACEOFF  —  M'SOFT AND GOOGLE DUKE IT OUT OVER HOT SITE  —  Google is threatening to once again beat rival Microsoft to the deal punch, this time in the white-hot Facebook investment sweepstakes.  —  Microsoft and Google are each vying to take a stake of between 5 percent and 10 percent …
Robert Scoble / Scobleizer:
Microsoft wins Facebook bid?  Here's the insider scoop on why...  Last night I was hanging around at the Ritz near my house.  That's where Jerry Yang, CEO of Yahoo spoke yesterday, and where the Right Media conference is going on right now.  —  I talked with several people …
Michael Arrington / TechCrunch:
Liveblogging The Facebook Press Conference  —  Facebook is holding a press conference at 2 pm PST to discuss and presumably confirm the Microsoft investment.  We'll be liveblogging the event here.  Stay tuned.  —  Press Release On The Investment: … - Sphere It -
Discussion: The Universal Desktop
Peter Kafka / Silicon Alley Insider:
Microsoft Facebook Call: Live Updates
Discussion: Valleywag
Caroline McCarthy / CNET News.com:   Microsoft acquires equity stake in Facebook, expands advertising partnership
Larry Dignan / Between the Lines:   Microsoft's $240 million says Facebook no fad after all
Mary Jo Foley / All about Microsoft:
Are you surprised? Microsoft beats Google with Facebook deal
Discussion: Rev2.org and CNET News.com
Andy Beal / Andy Beal's Marketing Pilgrim:
Facebook Sells 1.6% to Microsoft for $240 Million
Discussion: Microsoft and GigaOM
Richard MacManus / Read/WriteWeb:   Microsoft Beats Google on Facebook Deal; Valuation $15 Billion
Duncan Riley / TechCrunch:
Google Declares Jihad On Blog Link Farms  —  A major Google page rank update has punished large scale blog link farms and similar sites indulging in heavy cross linking by dramatically cutting their Google page rank scores.  —  There is some suggestion that the changes may be related …
RELATED:
Andy Beard / Niche Marketing:
Digg Favorites Slapped By Google  —  For a company such as Google with a stock price based extensively on anticipated growth and public sentiment, it doesn't take a huge swing in goodwill to have a dramatic effect on valuation.  Google has just slapped their biggest fans.
Barry Schwartz / Search Engine Land:
Google's PageRank Update Goes After Paid Links?  —  Seems like there is a PageRank update taking place now that seems to be impacting sites that sell links.  Can't say that we were not warned about this?  Danny Sullivan wrote Official: Selling Paid Links Can Hurt Your PageRank Or Rankings …
Peter Kafka / Silicon Alley Insider:
Google's PageRank Shuffle: Big Sites Say Bye-bye, Traffic?
Discussion: Geek News Central
Robert Scoble / WebProNews:   Google Page Rank's Been Dead for Quite Some Time
Robby Stein / Official Gmail Blog:
Sync your inbox across devices with free IMAP  —  There are two online petitions I've signed in my life.  One was for a "Xena: Warrior Princess" movie.  The other, which I signed a few months before starting at Google, was for Gmail IMAP.  As some of you know, IMAP is the best way to access …
RELATED:
The 463:
Hi there.  I'm the Internet.  I like romantic dinners, long walks on the beach and....  It won't make you dinner or rub your feet, but nearly one in four Americans say that the Internet can serve as a substitute for a significant other for some period of time, according to a new poll released today …
 
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 Techmeme Sponsor Posts: 
Microsoft:
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The customer service lessons we must all learn from that Comcast call  —  By now, you've probably heard the call that hijacked the Internet last week.  If not, let me warn you.  It is painful - incredibly painful.
Pure Storage:
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 More Items: 
Tom Foremski / Silicon Valley Watcher:
Is GOOG Shafting Its AdSense Partners?
InfoWorld:
SCO gets 'potential' $36M offer to sell Unix business
Annalise Walliker / NEWS.com.au:
Local whiz speeds up broadband by 200 times
Discussion: DSLreports
CNET News.com:
Is Google's PageRank algorithm changing?
Erick Schonfeld / TechCrunch:
Social Site Rankings (September, 2007)
Discussion: Search Engine Land
Brian Bergstein / Associated Press:
Cheap laptops arrive for tryout in India
Discussion: Engadget and Gizmodo
Eric Savitz / Tech Trader Daily:
Google Analyst Day: CEO Eric Schmidt
Donna Bogatin / Insider Chatter:
Judy's Book: What's On Sale? WE ARE! Ten Reasons Why
 Earlier Items: 
The Boeing Company:
Boeing Tests HALE Hydrogen Propulsion System Using Ford-Developed Engine
Discussion: Gizmodo and DailyTech
Anick Jesdanun / Associated Press:
Insider Domain Name Snatching Probed
Dan Primack / PE HUB:
JibJab Raises $3 Million
Nicholas Deleon / CrunchGear:
Blu-ray outsells HD DVD nearly 2-to-1... then came Transformers
Discussion: Gadgetell
Justin Smith / Inside Facebook:
Breaking: Facebook Announces Facebook Platform for Mobile; Facebook for Blackberry
Jason / Signal vs. Noise:
Why Enterprise Software Sucks
Eric Savitz / Tech Trader Daily:
Google Analyst Day: Jonathan Rosenberg On Search, Apps; New Versions …
 

 
From Mediagazer:

Jeremy Greenfield / Forbes:
Survey: Book Buyers Leaving Amazon Because of Hachette Dispute

Dean Starkman / Columbia Journalism Review:
Bloomberg struggles to break out of the box

Lucia Moses / Digiday:
NowThis News pivots for the Vine and Instagram era

 
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