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11:05 AM 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 …
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?
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.
Allen Stern / CenterNetworks:   Live Reporting: CBS/CNET Acquisition Call
Larry Dignan / Between the Lines:   We've been acquired: CBS buys CNET
Allen Stern / CenterNetworks:
Breaking: CBS to Acquire CNET for $1.8 Billion
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! …
Roy Bostock / PR Newswire:
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 …
Discussion: Silicon Alley Insider
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.
Joseph Weisenthal /
Icahn Confirms Stake And Proxy Fight; Pushing For Microsoft; Mark Cuban On List
Discussion: eWeek, Coop's Corner and New York Times
Nancy Gohring / Computerworld:
Icahn to launch proxy fight against Yahoo
Discussion: Technology news and Electronista
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.
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.
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 …
John / Plaxo's Personal Card:
Comcast to Acquire Plaxo; Pulse to Become Central to Creating Unified …
Cade Metz / The Register:
Verizon shuns Android for LiMo  —  Sometime next year, Verizon will roll out a Linux OS as the “preferred operating system” for phones on its US wireless network.  And that Linux OS is not Google Android.  —  But the big-name telco says it has no objections to selling Android phones as well.
Discussion: Ars Technica
Scott M. Fulton, III / BetaNews:
Android faces a tougher battle, with Verizon and Mozilla backing LiMo
Andrew Greenberg / Forbes: We're Not Dead  —  Jeeves, the former mascot of struggling search engine, may be dead.  But the site itself, CEO Jim Safka would like to remind everyone, is alive, and still dutifully serving up search results.  —  Its latest sign of life?
Discussion: Cartoon Barry Blog
Thomas Ricker / Engadget:
Nintendo ordered to pay $21 million to patent troll  —  Remember Anascape Ltd, the little “gaming company” that sued Microsoft and Nintendo back in 2006 for controller patent infringement?  Well, it's payday to the tune of $21 million after a jury found Nintendo's Wii Classic, WaveBird …
Discussion: Electronista
Associated Press:
Nintendo hit with $21 million patent infringement
Discussion: CNET and Gizmodo
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 …
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me  —  WHAT'S ON TV?  —  WHEN Nintendo released the Wii 18 months ago, it upended the notion of what video games could be.  Moving beyond the sunlight-deprived young men at gaming's core, Nintendo appealed to the rest of the world with an intuitive, family-friendly entertainment experience.
Discussion: Smart Mobs
Ionut Alex Chitu / Google Operating System:
Google Doctype, an Encyclopedia for Web Developers  —  Google released Doctype (HTML version), an encyclopedia of the open web.  “The open web is the web built on open standards: HTML, JavaScript, CSS, and more.  The open web is a beautiful soup of barely compatible clients and servers.
Discussion: Compiler, Nelson's Weblog and Ajaxian
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 More Items:
Wireless Substitution: Early Release of Estimates From the National …
Paul Miller / The Semantic Web:
Commercialising the Semantic Web
Gerry Block / IGN:
Pelican Metal Gear Solid 4 Bluetooth Headset
Discussion: Gizmodo, Engadget and Tech Blog
Michael Arrington / TechCrunch:
Amazon May Sell $750 Million In Kindles by 2010 (That's A Lot Of Kindles)
David Eaves / SEOCO:
Yahoo! Gets With The IP Delivery
Fujitsu announces Intel Atom-based UMPC
Sharp reveals progress in consumer-use fuel cells
Discussion: Engadget
Stephen Baker / Blogspotting:
The Twitter Story I've been working on
 Earlier Items: 
Mark Hendrickson / TechCrunch:
Amazon Funds Animoto Music Video Creator
Liz Gannes / NewTeeVee:
NBC Direct, Take Two, Out for Testing
Mark Hendrickson / TechCrunch:
Strands Absorbs Another Personal Finance Company
Discussion: GigaOM and CenterNetworks
Eric Lempel / PlayStation.Blog:
Firmware (v2.35) Coming Soon
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces
Richard Verrier / Los Angeles Times:
Actors don't want to lose grip on Web clips
Discussion: Podcasting News
Mike Ricciuti /
Adobe set to test new Flash Player
Mark Cuban / Blog Maverick:
Beating Google ?  —  Is there anything more fun than sitting around …