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4:40 PM ET, May 15, 2008


 Top Items: 
Joseph Weisenthal /
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 …
Andrew Ross Sorkin / New York Times:
Icahn Proposes Dissident Yahoo Board
Dane Hamilton / Reuters:
Paulson hedge fund backs Icahn slate for 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
Yahoo! Search Blog:
The Monkey is Out and the Challenge is On  —  It's been three weeks since we began the limited preview of Yahoo! Search's new open developer platform, SearchMonkey.  Today, we're officially opening up the doors to all developers — professionals and hobbyists — to begin building applications …
Stephen Shankland /
Yahoo beckons coders to gussy up search results
Discussion: InfoWorld
Michael Arrington / TechCrunch:
The Social Network Wars Begin In Earnest: Facebook Bans Google Friend Connect  —  Facebook is all about openness and data portability, as long as that doesn't involve openness or portability of data, it seems.  —  Today they wrote a long 7 paragraph blog post to get a single point across …
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: 20bits and The Social
Eric Eldon / VentureBeat:   Facebook cuts off Google's Friend Connect
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.
Intel: Apple tablet comment simply untrue
Discussion: IntoMobile and Apple Gazette
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 …
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.
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 More Items: 
Jacqui Cheng / Ars Technica:
EU warns Google in advance of European Street View debut
Discussion: ZDNet Government and
Eric Bangeman / Ars Technica:
Andersen gets highest-ever attorney fees award against RIAA
Discussion: Slyck and Electronista
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
Peter Svensson / Associated Press:
Study: Cox, Comcast Internet subscribers blocked
The Industry Standard:
The Industry Standard's Top 25 B-to-Z List Blogs
Discussion: Zoli's Blog
 Earlier Items: 
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
Ryan Paul / Ars Technica:
Thunderbird 3 fledges with first alpha release
Discussion: and david ascher
Adobe Labs:
Beta Release Notes
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 …