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3:25 AM ET, January 23, 2008


 Top Items: 
Om Malik / GigaOM: Creator Raises $29.5M  —  Matt Mullenweg, founder of Automattic and creator of open-source blogging system WordPress, stopped by my apartment earlier this week.  Matt, who is one of my closest friends, brought his Texan sense of humor and all-around good cheer …
Matt / Photo Matt:
Act Two  —  You've probably seen the news on GigaOM, Automattic has raised a new “series B” round of funding.  We're entering what I consider Act II of the Automattic story.  I'll talk about where we're going, but first some history.  —  In 2005 Automattic was small.
Toni / Toni's Garage:
Automattic fundraising  —  As Om and Matt report, we closed a $29.5 million round of financing for Automattic today.  Coincidentally, the closing is happening during one of our bi-annual company get-togethers, so we'll be able to toast the occasion in person!
Discussion: Holy Shmoly! and True Ventures
Staci D. Kramer /   Automattic Raises $29.5 Million Second Round, After Sale Talks …
Apple Reports First Quarter Results  —  Best Quarterly Revenue & Earnings in Apple History  —  Mac, iPod & iPhone Sales Break Previous Records  —  Apple® today announced financial results for its fiscal 2008 first quarter ended December 29, 2007.  The Company posted revenue of $9.6 billion …
Dan Frommer / Silicon Alley Insider:
Apple Q1: The iPod Has Left The Building (AAPL)  —  We'll let SAI's Henry Blodget explain the pros and cons of paying attention to quarterly numbers, guidance, and whisper numbers tomorrow.  And we're not going to try to analyze why AAPL is plummeting in after-hours trading.
Discussion: Cult of Mac
Tom Krazit / CNET
Apple posts nice Q1, but pessimistic on Q2  —  Updated at 3:45 p.m. PST following the conference call, with changes throughout.  —  Apple's first quarter hit on all cylinders, as the company continued its financial run on the strength of its Mac business.  But anyone looking for reassurance …
Paul Kedrosky's Infectious Greed:
Apple: iPod Growth Asymptotically Approaches Zero
Discussion: Silicon Alley Insider
John Battelle / John Battelle's Searchblog:
GOOGLE DROPS MORE THAN 160 POINTS  —  That's not something we're used to hearing, but since its peak back in the Fall at nearly 750, Google has dropped to 584 currently, a 166 point drop (it's dropped more in after hours, all the way down to 568).  It's on a steep decline in the past few days …
Might Google Buy the New York Times?  —  The choice for the family would be basically this: double your money or double down on “young Arthur,” as the NYT's Chairman and CEO is sometimes called.  In the back of their minds, the prospect of doubling down on “young Arthur” …
Paul Boutin / Valleywag:   Bloggers hope Google will buy NY Times, hire them
Mathew /   Google to buy everything, cure cancer
James Bannan / APC:
Vista successor, Windows 7 to be released next year?  —  A recently-release roadmap for the next major Window release - Windows 7 - indicates that Microsoft is planning to release the new operating system in the second half of 2009, rather than the anticipated release date of some time in 2010.
Adrian Kingsley-Hughes / Hardware 2.0:
Could Windows 7 be the best Windows yet?  —  Given all the feedback that Microsoft has had from Vista users (both negative and positive), could Windows 7 be the best version of Windows yet?  —  Vista is turning out to be a bit of an enigma.  While sales seem strong, users seem far from satisfied with the latest offering from Redmond.
Discussion: ParisLemon and eWeek
MG Siegler / ParisLemon:
Create Your Own Reddit  —  Reddit has announced a brand new feature that they are currently testing out in closed beta - the ability for users to make their own Reddits.  Reddit has long had the “other reddits” featuring ones specializing in programming, science, politics, etc …
Discussion: The Last Podcast
Terrence Russell / Epicenter:
11th Hour Buyout to Save Scrabulous Tonight?  —  Unless a Hail Mary deal is reached, Facebook's Scrabulous application may finally get the axe tonight.  The causal gaming app has come under fire from toy makers Hasbro and Mattel, who claim that the game infringes on Scrabble's copyright.
Discussion: Insider Chatter
Maxlevchin / You've gotta be kidding me:
How to successfully launch a social networking development platform.  —  I decided to jot down some observations and thoughts on launching successful social networking development platforms... like the one facebook launched at f8, Bebo's clone of facebook's, or the one MySpace will be launching, etc.
Discussion: Futuristic Play
Staci D. Kramer /
CBS Will Try To Convert Last.FM Acquisition To Video Value  —  One of the questions that comes up repeatedly in chats about CBS: what is the company doing to move last year's $280 million acquisition beyond buzz into value?  Looks like answers may be on the way.
Justin Pope / Associated Press:
MPAA Admits Mistake on Downloading Study  —  Hollywood laid much of the blame for illegal movie downloading on college students.  Now, it says its math was wrong.  —  In a 2005 study it commissioned, the Motion Picture Association of America claimed that 44 percent of the industry's domestic losses came …
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 More Items: 
Jennifer L. Schenker / Business Week:
EA Leaps into Free Video Games
Discussion: Profy.Com
Nicholas Carlson / Valleywag:
Rackspace goes down again, loses Tumblr's business
EMC Unveils Software-as-a-service Strategy and Its First Enterprise …
Nick White / Windows Vista Team Blog:
Do the (RED) thing  —  There's been some speculation online …
Discussion: istartedsomething
Telegraph Connected:
Facebook questioned over data protection
Nicole Lee / Crave: The gadget blog:
AT&T's Mobile TV service to debut with the LG Vu?
Discussion: Gizmodo
Worm fears shut down Skype video feature
Arn / MacRumors:
New Mac OS X 10.5.2 Seed (9C20), Due Friday?
 Earlier Items: 
Nate True's Weblog:
iPhone 1.1.3 firmware behind the scenes changes
EBay's Bounce-Back Opportunity
Discussion: IDG News Service
Nilay Patel / Engadget:
Uh-oh, Optimus: United Keys partners with FoxConn to build OLED gaming keyboards
The Valley Goes to the Mountains, in Full Blogging Mode
Discussion: CNET
Anne Broache / CNET
Verizon Wireless: Calling all iPhone killers
Todd Bishop's Microsoft Blog:
Gates vs. Jobs: Keynote text analysis, 2008 edition
Discussion: Crave and Insanely Great Mac
Arn / MacRumors:
iPod Touch: ‘Mainstream Wi-Fi Mobile Platform’