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3:50 PM ET, May 15, 2008


 Top Items: 
Joseph Weisenthal /
BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium  —  CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash.  The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night's closing price of $7.95.
PR Newswire:
CBS Corporation To Acquire CNET Networks, Inc.  —  CBS to Become a Top Ten U.S. Internet Company with Unparalleled Content and Reach, Boasting Approximately 200 Million Monthly Unique Users Worldwide  —  CNET Networks' CNET, ZDNet,,, CNET News, UrbanBaby, BNET …
Margaret Kane / CNET
CBS to buy CNET Networks  —  CBS has agreed to acquire CNET Networks in a deal valued at $1.8 billion, the companies said Thursday.  —  The purchase price comes to $11.50 per share, representing a 44 percent premium over Wednesday's closing price of $7.95.
Peter Kafka / Silicon Alley Insider:
CBS Buying CNET For $1.8 Billion; CBS Predicts $1 Billion Interactive Revenues By 2010  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?
Marshall Kirkpatrick / ReadWriteWeb:   CBS Pays $1.8 Billion for CNet: CNet Shows How It's Done
Michael Arrington / TechCrunch:
Dear Yahoo: You're Fired  —  As expected, Carl Icahn presented an alternate slate of directors for the upcoming Yahoo shareholder meeting.  The letter to Yahoo Chairman Roy Bostock says it all:  —  Carl C. Icahn  —  ICAHN CAPITAL LP  —  767 Fifth Avenue, 47th Floor  —  New York, NY 10153
Lauren Pollock / Wall Street Journal:
Icahn Moves to Oust Yahoo Board  —  Billionaire Hopes to Revive a Deal with Microsoft  —  Billionaire investor Carl Icahn officially launched a proxy contest to unseat Yahoo Inc.'s board, writing in a letter to Chairman Roy Bostock “the board of directors of Yahoo has acted irrationally …
Brian Caulfield / Forbes:
Advice For Jerry Yang  —  Steve Kirsch is one of a handful of people who can appreciate what Yahoo! Chief Executive Jerry Yang is facing right now.  —  The entrepreneur and former chief executive of Infoseek, a search engine that has withered away since being acquired by Disney, thinks Yahoo! …
Anthony Ha / VentureBeat:
Yahoo: I have seen the future of search, and it's ... a monkey?  —  As the corporate battle for control of Yahoo continues, the company's search team is working busily to make the target of all the backroom shenanigans (namely, Yahoo's search technology and web portal) more powerful by opening it up to third-party developers.
Discussion: eWeek and Computerworld
How Apple is changing DRM  —  As more stores and record labels abandon digital rights management, Apple may have an alternative plan for subscription services, writes Tim Anderson  —  When Apple approached record companies about selling their music digitally five years ago, they …
Henry Blodget / Silicon Alley Insider:
Amazon Kindle a $750 Million iPod-Like Business By 2010 (AMZN)  —  The Kindle could contribute 3% of Amazon's overall revenue in two years, argues Citi analyst Mark Mahaney, who has a born-again relationship with the device.  Combining device and book sales in an iPod/iTunes-like model …
Michael Arrington / TechCrunch:
Amazon May Sell $750 Million In Kindles by 2010 (That's A Lot Of Kindles)  —  The Kindle, Amazon's ugly but useful ebook reader that launched in November 2007, may be a burgeoning hit, says Citigroup Analyst Mark Mahaney.  Citi expects Amazon to generate between $400 million and $750 million …
Philip Elmer-DeWitt / Apple 2.0:
Anatomy of a rumor: The Atom-powered Newton iPhone  —  As Winston Churchill might have put it, an Apple rumor can fly halfway around the world before truth has a chance to get its boots on.  —  Case in point: the iPhone mini-tablet story that broke Wednesday afternoon in Germany.
Eric Savitz / Tech Trader Daily:
At The Churchill Club: The Top 10 Tech Trends  —  I'm at the Fairmont Hotel in San Jose tonight, for the Churchill Club's annual Top 10 Tech Trends Dinner.  This is the club's 10th annual tech trend panel.  Making the picks:  — Steve Jurvetson, Draper Fisher Jurvetson.  — Vinod Khosla, Khosla Ventures.
Adobe Labs:
Beta Release Notes  —  These release notes document known issues related to the beta versions of Adobe® Flash® Player 10, code named “Astro”.  The current beta build  —  Please uninstall any versions of the Flash Player before updating your installation.  —  Overview
Charlie Cheever / Facebook Developers:
Thoughts on Privacy  —  As developers, you're probably curious about the recent initiatives we and other companies in the industry have taken to help you build applications that let users take their information around the web.  We wanted to give you a little more information on how we're thinking …
Discussion: TechCrunch and The Social
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 More Items: 
Matthew Moskovciak / CNET
TiVo extends lifetime subscription offer
Josh Catone / ReadWriteWeb:
iSlsk Brings Filesharing to the iPhone
Discussion: TorrentFreak
Eric Bangeman / Ars Technica:
Jammie Thomas judge: “error of law” may result in new trial
Anthony James / Yanko Design:
Old / New Phone  —  They are getting older by the second.
Ronen Halevy /
Free RIM BlackBerry Wallet Application!  - Store Personal Information Securely
The Industry Standard:
The Industry Standard's Top 25 B-to-Z List Blogs
Discussion: Zoli's Blog
Deutsche Telekom Says 100,000 iPhones Sold In Germany So Far
Discussion: Infinite Loop
Nick Jakobi / Official Google Blog:
Demographics now available in YouTube Insight
 Earlier Items: 
Ryan Paul / Ars Technica:
Thunderbird 3 fledges with first alpha release
Discussion: david ascher
Karl / DSLreports:
Comcast Gets Investigated While Cox Gets Free Pass …
Joel Hruska / Ars Technica:
Strong passwords no panacea as SSH brute-force attacks rise
Greg Sterling / Search Engine Land: Buying Lexico, Owner Of
Paul Miller / The Semantic Web:
Commercialising the Semantic Web
Discussion: Venture Chronicles
Thomas Ricker / Engadget:
Nintendo ordered to pay $21 million to patent troll
Stephen Baker / Business Week:
Why Twitter Matters  —  Can the fledgling microblogging service become …
Mike Jones / Official Google Maps API Blog:
Introducing the Google Maps API for Flash