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9:15 AM ET, May 15, 2008

Techmeme

 Top Items: 
Joseph Weisenthal / paidContent.org:
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.
RELATED:
Peter Kafka / Silicon Alley Insider:
LIVE CALL: CBS Buying CNET For $1.8 Billion  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?  —  If you take the JANA team's argument at face value …
Discussion: HipMojo.com and paidContent.org
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, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET …
Margaret Kane / CNET News.com:
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.
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.
Wall Street Journal:
Icahn Will Launch Proxy Contest To Unseat Yahoo's Entire Board  —  Billionaire investor Carl Icahn is launching a proxy contest to unseat Yahoo Inc.'s board of directors, according to a person close to the matter — a move aimed at pressuring the Internet company to reach out to Microsoft Corp. to re-start sale discussions.
RELATED:
Brian Caulfield / Forbes:
Advice For Jerry Yang
Los Angeles Times:
Icahn expected to nominate directors for Yahoo board
Discussion: Business Week
Michael Arrington / TechCrunch:
Confirmed: Comcast Bought Plaxo, Deal Closed Today  —  The rumors were accurate: Comcast will announce their acquisition of social contact list Plaxo today.  Financial terms are not being disclosed, but the purchase price is between $150 and $170 million.  Plaxo, which was founded in 2002 …
RELATED:
John / Plaxo's Personal Card:
Comcast to Acquire Plaxo; Pulse to Become Central to Creating Unified “Social Media” Experience Across the Web, the TV (and more)  —  Big doings at Plaxo today!  We are really excited to announce some of the biggest news in the history of Plaxo: We have just signed an agreement** to be acquired by Comcast …
Vindu Goel / Bits:
It's Complaxtic: Comcast Buys Plaxo to Boost Video Sharing
Discussion: Kelsey Group Blogs
Jack Schofield / Guardian Unlimited:
Intel disclaims ZDNet report over larger iPhone or internet tablet  —  The Mac rumour sites have been buzzing about the idea of a MID (Mobile Internet Device) that could be considered an ultramobile Mac or large iPhone, especially since it was apparently “confirmed” by Hannes Schwaderer from Intel Germany.
RELATED:
Matt Buchanan / Gizmodo:
Intel Germany CEO Spills on Atom-Based Mini-Tablet iPhone
Discussion: PalmAddicts
Mike Ricciuti / Webware.com:
Adobe set to test new Flash Player  —  Adobe on Thursday is expected to launch a beta test program for the latest version of its Flash Player software.  —  Flash Player 10, developed under the code name Astro, includes better support for 3D animation and video hardware acceleration, among other improvements.
RELATED:
Stephen Shankland / CNET News.com:
Ask.com to buy Dictionary.com owner  —  Ask.com, the fourth-ranked search engine, plans to increase its heft through an agreement to acquire Lexico Publishing Group, which operates the Dictionary.com, Thesaurus.com, and Reference.com Web sites.  —  Ask.com didn't release terms of the acquisition …
RELATED:
Staci D. Kramer / paidContent.org:
Lexico, Dictionary.com Being Acquired By Ask.com; Price In $100 Million Range
Discussion: Silicon Alley Insider
Mark Cuban / Blog Maverick:
Beating Google ?  —  Is there anything more fun than sitting around, growing your hair, drinking a Bud while listening to Jethro Tull and pondering how to change the balance of power in the search world and unseat Google ?  —  Better search ?  Too subjective.  Better monetization ?  After the fact.
Mark Hendrickson / TechCrunch:
Amazon Funds Animoto Music Video Creator  —  Amazon has taken a special interest in one of its web service customers: Animoto, the machine-driven music video creator that launched last August and now has over 160,000 users.  The online retail giant has decided to fund the startup with an undisclosed amount of money.
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces  —  Web 2.0 has brought many wonderful innovations and ideas to the Internet.  We can no longer imagine the web without a social dimension, and we can no longer imagine an online world that is read-only - it is now a read/write web full of user-generated content.
Janet / Small Business Blog Attard:
Overstock.com Drops NY Affiliates  —  Legislators, Heads Up: Before you enact laws that you think might bring in more money to your coffers, consider what those laws do to the small businesses in your state - and how much you'll lose in both sales tax and income tax when those small businesses …
Discussion: WebProNews and Andy Beard
RELATED:
Saul Hansell / Bits:
Overstock.com Throws New York Affiliates Overboard to Avoid Sales Tax
Mike Jones / Official Google Maps API Blog:
Introducing the Google Maps API for Flash  —  Here at Google, we receive a lot of feature requests - and it feels great every time we fulfill one of them.  The ability to utilize the power of Google Maps from Flash is one of those requests that has been popping up on blog posts and other forums since …
 
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 More Items: 
Avram Piltch / LAPTOP Magazine:
Eee PC Keyboard Different on Black/White Models
Liz Gannes / NewTeeVee:
NBC Direct, Take Two, Out for Testing
Discussion: Beet.TV
Mark Hendrickson / TechCrunch:
Strands Absorbs Another Personal Finance Company
Discussion: CenterNetworks and GigaOM
Eric Lempel / PlayStation.Blog:
Firmware (v2.35) Coming Soon
Leigh Holmwood / Guardian:
Kangaroo targets autumn rollout
Discussion: paidContent
Pete Metzger / Los Angeles Times:
Iron Man and Speed Racer: The Videogame
Discussion: Computerworld
Richard Verrier / Los Angeles Times:
Actors don't want to lose grip on Web clips
Discussion: Podcasting News
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me
Discussion: Smart Mobs
 Earlier Items: 
Scott M. Fulton, III / BetaNews:
Android faces a tougher battle, with Verizon and Mozilla backing LiMo
Charles Cooper / Coop's Corner:
If Gates is right, how much longer for keyboards & mice?
Dave Rubert / NaviGadget:
Asus P560  —  In addition to P320 and ZX1 Asus seems …
Walter S. Mossberg / Personal Technology:
Cellphone Headsets With Less Bulk, Background Noise
James Sherwood / The Register:
Atari unveils Wii Fit rival
Discussion: Joystiq, Switched and TG Daily
Ionut Alex Chitu / Google Operating System:
Google Spreadsheets Can Be Edited by Anyone
eMarketer:
Social Networking Ad Spending Update
The Boy Genius Report:
AT&T limits iPhone purchases to one per customer
 

 
From Mediagazer:

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

Alex Weprin / The Hollywood Reporter:
Proxy filing for TKO Group Holdings: Endeavor's Ari Emanuel received a pay package of nearly $65M in 2023, the year that Endeavor merged UFC and WWE

 
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