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9:35 AM ET, May 15, 2008


 Top Items: 
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 …
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.
Discussion: and Valleywag
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.
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 …
Allen Stern / CenterNetworks:   Live Reporting: CBS/CNET Acquisition Call
Allen Stern / CenterNetworks:
Breaking: CBS to Acquire CNET for $1.8 Billion
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.
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! …
Los Angeles Times:
Icahn expected to nominate directors for Yahoo board
Discussion: and 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 …
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 …
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.
Arn / MacRumors:
Intel Confirms Atom-based Larger iPhone (Mini-Tablet)?
Matt Buchanan / Gizmodo:
Intel Germany CEO Spills on Atom-Based Mini-Tablet iPhone
Discussion: PalmAddicts
Mike Ricciuti /
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.
Stephen Shankland / CNET to buy owner  —, the fourth-ranked search engine, plans to increase its heft through an agreement to acquire Lexico Publishing Group, which operates the,, and Web sites.  — didn't release terms of the acquisition …
Staci D. Kramer /
Lexico, Being Acquired By; Price In $100 Million Range
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.
Discussion: The Next Web, VentureBeat and Mashable!
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.
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: 
Associated Press:
Nintendo hit with $21 million patent infringement
Discussion: Engadget, CNET and Gizmodo
Ionut Alex Chitu / Google Operating System:
Google Doctype, an Encyclopedia for Web Developers
Discussion: Nelson's Weblog and Ajaxian
Stephen Baker / Blogspotting:
The Twitter Story I've been working on
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
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces
 Earlier Items: 
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
Janet / Small Business Blog Attard: Drops NY Affiliates
Scott M. Fulton, III / BetaNews:
Android faces a tougher battle, with Verizon and Mozilla backing LiMo
Walter S. Mossberg / Personal Technology:
Cellphone Headsets With Less Bulk, Background Noise
Ionut Alex Chitu / Google Operating System:
Google Spreadsheets Can Be Edited by Anyone
Social Networking Ad Spending Update