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7:50 AM ET, October 25, 2007

Techmeme

 Top Items: 
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.
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Terrence Russell / Epicenter:
Three Reasons Microsoft Underpaid For Facebook  —  It's official — the truth is less profitable than fiction.  Facebook has secured the cornerstone of its $15 billion valuation with today's Microsoft alliance.  But at $240 million, that's only a 1.6% slice of a much larger pie.
Steve / The Secret Diary of Steve Jobs:
Oh snap!  Faceberg raises another $500 million  —  Word up.  Hot on the heels of the big investment by the Borg only a few hours ago, Facebook has now landed another $500 million from two hedge funds in New York.  At the same $15 billion valuation.  It is on, people.
Discussion: ParisLemon, Valleywag and Mashable!
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.
Cynthia Brumfield / IP Democracy:   FSJ: Facebook Has Raised Another $500 Mil.
Robert Scoble / Scobleizer:
Microsoft wins Facebook bid? Here's the insider scoop on why...
Wall Street Journal:
Facebook Is Close to Choosing Microsoft or Google for Deal
Peter Kafka / Silicon Alley Insider:
Microsoft Facebook Call: Live Updates
Discussion: Valleywag and eWEEK.com
David Pogue / New York Times:
Apple Offers New Goodies in Leopard System  —  If you're a computer company, what on earth do you add to the sixth annual version of your operating system?  —  It's not as though there are any glaring holes left.  Nobody is still crying out for a better way to organize photos.
RELATED:
Walter S. Mossberg / Wall Street Journal:
Leopard: Faster, Easier Than Vista  —  Upgrade of Apple's OS  —  Isn't Revolutionary,  —  But It Beats Microsoft's  —  The Mac is on a roll.  Apple Inc.'s perennially praised but slow-selling Macintosh computers have surged in popularity in the past few years, with sales growing …
USA Today:
Leopard, Apple's new Mac operating system, hits all the right spots  —  When Steve Jobs unleashes Mac OS X Leopard on Friday, Mac fans and others considering an Apple computer for the first time will have questions.  Is the new Leopard operating system worth the $129 upgrade price?
Discussion: ParisLemon and Gizmodo
Ryan Block / Engadget:
Leopard reviews coming in, usual suspects agree: it's all gravy  —  It's not like we really expected scathing, Apple-coring criticism from the likes of the same motley crew Apple supplied pre-release iPhones to (namely: Walt Mossberg of WSJ, David Pogue of NYT, and Ed Baig of USA Today …
Discussion: Valleywag
Steve / The Secret Diary of Steve Jobs:
PodTech: RIP  —  Well, they've had a good run but apparently the Casa de Scoble is heading for the big sleep.  Or is it the dirt nap?  I can never remember.  No announcement yet but we hear it's imminent.  Word is that Scoble was planning to bail in January anyway but now he won't have to.
RELATED:
Duncan Riley / TechCrunch:
PodTech Heading Towards The Deadpool?  —  Fake Steve Jobs aka Daniel Lyons has written that he's heard that PodTech will be closing up shop with an announcement imminent.  —  We can't confirm the rumor although I have pinged Robert Scoble asking him to comment.  If we get a response we'll publish it.
Discussion: Mashable!
Megan McCarthy / Valleywag:
Jackpot: Mark Zuckerberg, the $5 billion man  —  One thing has been overlooked in today's Facebook valuation announcement — how much the major players can now claim to be worth.  A source tells us that Facebook founder Mark Zuckerberg owns about 30 percent of the company …
Discussion: Mark Evans
RELATED:
Wall Street Journal:
Microsoft Bets On Facebook Stake And Web Ad Boom
Stephen C. Miller / New York Times:
Copy Video From Your PC, and Then Watch It on Your TV  —  SanDisk's Sansa TakeTV is aimed at people who want to take digital video from their computers and watch it on their TVs, without getting too high-tech about it.  —  The heart of TakeTV is a U.S.B. flash drive that can store videos copied from your computer's hard drive.
Discussion: The Mossberg Solution
RELATED:
Andy Plesser / Beet.TV:   Cable Operators Might "Throttle Joost," Keith Kocho Tells Beet.TV
Greg Sterling / Search Engine Land:
Live Search Almost Certainly Coming To Facebook  —  During this afternoon's Microsoft-Facebook conference call the question was asked whether the new deal would include paid search.  Microsoft's Kevin Johnson and Facebook's Owen Van Natta declined to directly answer the question …
Discussion: WebProNews and LiveSide
Nick / Rough Type:
The science of blog reading  —  The problem of detecting contaminants in a public water system is analogous to the problem of figuring out what's going on in the blogosphere, write a team of Carnegie-Mellon researchers in an award-winning paper called Cost-effective Outbreak Detection in Networks:
Discussion: broadstuff and Tech IT Easy
Dan Goodin / The Register:
More gnashing of teeth after Microsoft update brings PCs to a standstill  —  Resource-hogging search app sprung on reluctant admins  —  Something seems to have gone horribly wrong in an untold number of IT departments on Wednesday after Microsoft installed a resource-hogging search application …
 
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 More Items: 
Ina Fried / ZDNet:
Ballmer: Calling on mobile
Mark Hendrickson / TechCrunch:
Friendster Announces Developer Platform; Can You Say "Commodity"?
Mark Hendrickson / TechCrunch:
Synchronize Your Browsing Habits with Opera Link
Discussion: CNET News.com and Mashable!
Cade Metz / The Register:
Google funds hold Firefox fate (for sure)
Richard MacManus / Read/WriteWeb:
Al Gore's Current: Re-defining TV, Using the Web
Saul Hansell / Bits:
Deutsche Telekom Prepares for Two-Tier Internet
Michael Garrett / Profy.Com:
Gmail Users Get IMAP Support
 Earlier Items: 
Matthew Moskovciak / Crave:
Samsung combo player news; BD-P2400 officially canceled
Discussion: Gadgetell and CrunchGear
Tom Foremski / Silicon Valley Watcher:
Is GOOG Shafting Its AdSense Partners?
Annalise Walliker / NEWS.com.au:
Local whiz speeds up broadband by 200 times
CNET News.com:
Is Google's PageRank algorithm changing?
Eric Savitz / Tech Trader Daily:
Google Analyst Day: CEO Eric Schmidt
The 463:
Hi there.  I'm the Internet. …
 

 
From Mediagazer:

Juliette Garside / Guardian:
BSkyB to buy Sky Italia and Sky Deutschland for £4.9bn cash

Nick Davies / Guardian:
The pervasive power of Rupert Murdoch: an extract from Hack Attack by Nick Davies

Financial Times:
Financial Times says digital subscriptions up 33%, making up 2/3 of paying audience; overall circulation up 13%, year-on-year

 
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