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2:00 PM 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.
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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.
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?
Staci D. Kramer / paidContent.org:
CBS-CNET: Interview: Leslie Moonves, CEO, CBS: ‘Right Opportunity, Right Time, Right Price’  —  Just got off the phone with CBS CEO Leslie Moonves in his first interview following the announcement that CBS (NYSE: CBS) will acquire CNET (NSDQ: CNET) for $1.8 billion in cash.
Marshall Kirkpatrick / ReadWriteWeb:
CBS Pays $1.8 Billion for CNet: CNet Shows How It's Done
Discussion: Laughing Squid
PR Newswire:
Icahn Sends Open Letter to Board of Directors of Yahoo!  —  SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS RELATED TO THE SOLICITATION OF PROXIES BY Carl C. Icahn AND HIS AFFILIATES FROM THE STOCKHOLDERS OF YAHOO! INC. FOR USE AT ITS ANNUAL MEETING …
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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! …
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
Andrew Ross Sorkin / New York Times:   Icahn Proposes Dissident Yahoo Board
Joseph Weisenthal / paidContent.org:
Icahn Confirms Stake And Proxy Fight; Pushing For Microsoft; Mark Cuban On List
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
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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.
RELATED:
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 …
Discussion: Podcasting News
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Michael Arrington / TechCrunch:
Amazon May Sell $750 Million In Kindles by 2010 (That's A Lot Of Kindles)
Discussion: Portfolio.com and TeleRead
Guardian:
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 …
Karl / DSLreports:
Comcast Gets Investigated While Cox Gets Free Pass - New data from Glasnost project shows depth of Cox BitTorrent blocking....  Earlier this month I directed your attention to a new test dubbed the Glasnost Project, a Java applet project by the Max Planck Institute in Germany …
RELATED:
Peter Svensson / Associated Press:   Study: Cox, Comcast Internet subscribers blocked
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: CNET News.com and Electronista
RELATED:
Greg Sterling / Search Engine Land:
Ask.com Buying Lexico, Owner Of Dictionary.com  —  In a move that is interesting and perhaps even surprising for several reasons, IAC/Ask is buying Lexico Publishing Group, which owns and operates “iconic” domains Dictionary.com, Thesaurus.com and Reference.com.
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 More Items: 
The Industry Standard:
The Industry Standard's Top 25 B-to-Z List Blogs
Discussion: Zoli's Blog and deal architect
SHARP World Index:
Sharp Achieves the World's Highest Power Density for Direct …
Emil Protalinski / One Microsoft Way:
Performance and reliability update for Vista RTM released
CNN:
Deutsche Telekom Says 100,000 iPhones Sold In Germany So Far
Discussion: Infinite Loop and iLounge
Enigmax / TorrentFreak:
iSlsk Brings File-Sharing to iPhone
Discussion: ReadWriteWeb and errrick
Jack Schofield / Guardian Unlimited:
Dell leads in UK market as PC sales grow 14% in first quarter
Discussion: TechRadar.com
Ryan Paul / Ars Technica:
Thunderbird 3 fledges with first alpha release
Joel Hruska / Ars Technica:
Strong passwords no panacea as SSH brute-force attacks rise
 Earlier Items: 
Hank Williams / Why does everything suck?:
Adobe Introduces P2P Flash Player, Kills CDNs
InfoWorld:
Moonlight release puts Silverlight on Linux
Discussion: OSDir.com and eWeek
Paul Miller / The Semantic Web:
Commercialising the Semantic Web
Discussion: bytes|genes
David Eaves / SEOCO:
Yahoo! Gets With The IP Delivery
Cade Metz / The Register:
Verizon shuns Android for LiMo
Ionut Alex Chitu / Google Operating System:
Google Doctype, an Encyclopedia for Web Developers
Discussion: Compiler and Nelson's Weblog
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me
Mike Jones / Official Google Maps API Blog:
Introducing the Google Maps API for Flash
 

 
From Mediagazer:

Ernesto Londoño / Washington Post:
Post reporter, other Americans appear to have been detained in Iran

Peter Lauria / BuzzFeed:
Why Harry Potter And The Simpsons Are Key To A Fox-Time Warner Deal

CNN:
Journalist working for CNN abducted in Ukraine

 
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