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10:25 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:
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?
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.
Allen Stern / CenterNetworks:   Live Reporting: CBS/CNET Acquisition Call
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! …
RELATED:
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.
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
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.
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 …
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:
Philip Elmer-DeWitt / Apple 2.0:
Anatomy of a rumor: The Atom-powered Newton iPhone
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 …
RELATED:
Henry Mitchell / Google LatLong:
Explore places with photos, videos, and more
Associated Press:
Nintendo hit with $21 million patent infringement  —  LUFKIN, Texas - Nintendo of America Inc. was ordered to pay a small East Texas gaming company $21 million Wednesday for infringing on a patent while designing controllers for its popular Wii and GameCube systems.
Discussion: CNET News.com and Gizmodo
RELATED:
Thomas Ricker / Engadget:
Nintendo ordered to pay $21 million to patent troll
Discussion: Electronista
Scott M. Fulton, III / BetaNews:
Android faces a tougher battle, with Verizon and Mozilla backing LiMo  —  The road ahead for Google's Linux platform for mobile devices just got a little cloudier, with two of the companies whose allegiance it would need to ensure its success, this morning announcing they're backing its principal competitor.
RELATED:
Cade Metz / The Register:
Verizon shuns Android for LiMo
Discussion: Ars Technica
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
Stephen Baker / Blogspotting:
The Twitter Story I've been working on  —  Here it is.  Got held up a bit because BW Online wanted to run an edited version.  This is what I sent Tuesday night.  Please suggest fixes and adds.  —  It's easy to laugh at nonsense on Twitter, the micro-blogging rage. “my nose is leaking,” …
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!
 
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VMware:
Top Five Reasons Why Your Organization Should Consider Cloud-Based Disaster Recovery  —  Few organizations can afford the downtime caused by a disaster.  Those capable of weathering such events usually have the datacenters …
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Zoho on Zoho: How we use Zoho apps to run the show at Zoholics  —  Our goal for each Zoholics user event is to make it perfect for attendees - our customers who travel from all over the world to learn and make the most of Zoho apps for their business.
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 More Items: 
Frank Jordans / Associated Press:
Swiss man soars above Alps with jet-powered wing
David Eaves / SEOCO:
Yahoo! Gets With The IP Delivery
DigiTimes:
Fujitsu announces Intel Atom-based UMPC
InfoWorld:
Sharp reveals progress in consumer-use fuel cells
Discussion: Engadget
Andrew Lavallee / Wall Street Journal:
Embarq to End Wireless Resale Deal With Sprint
Discussion: DSLreports and mocoNews.net
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
 Earlier Items: 
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
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me
Discussion: Smart Mobs
Mike Ricciuti / Webware.com:
Adobe set to test new Flash Player
Stephen Shankland / CNET News.com:
Ask.com to buy Dictionary.com owner
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
Mark Cuban / Blog Maverick:
Beating Google ?  —  Is there anything more fun than sitting around …
 

 
From Mediagazer:

Brooks Barnes / New York Times:
Hollywood has worst summer since 1997 as US summer ticket sales decline 15% from 2013

Paul Bond / Hollywood Reporter:
A&E Networks agrees to pay $250M for a 10% share of Vice Media, valuing it at $2.5B

Alexis Sobel Fitts / Columbia Journalism Review:
Michael Brown shooting and the crimes journalists choose as newsworthy

 
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