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2:40 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.
RELATED:
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
RELATED:
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
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! …
Andrew Ross Sorkin / New York Times:
Icahn Proposes Dissident Yahoo Board
Discussion: Search Engine Journal
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
RELATED:
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.
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: CNET News.com and Podcasting News
RELATED:
Michael Arrington / TechCrunch:
Amazon May Sell $750 Million In Kindles by 2010 (That's A Lot Of Kindles)
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:
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 …
Peter Svensson / Associated Press:
Study: Cox, Comcast Internet subscribers blocked  —  NEW YORK (AP) — Cox Communications appears to be interfering with file-sharing by its Internet subscribers in the same manner that has landed Comcast Corp. in hot water with regulators, according to research obtained by The Associated Press.
Discussion: NewTeeVee
RELATED:
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 …
RELATED:
Hank Williams / Why does everything suck?:
Adobe Introduces P2P Flash Player, Kills CDNs  —  Today Adobe announced the public beta of a new Flash Player that is going to change the way we all use the Internet.  More importantly, the new player changes the economics of the Internet.  —  Interestingly the two really key features …
RELATED:
CNN:
Deutsche Telekom Says 100,000 iPhones Sold In Germany So Far  —  COLOGNE -(Dow Jones)- Deutsche Telekom AG (DT) Chief Executive Officer Rene Obermann said Thursday the telecommunications operator has so far sold more than 100,000 iPhones in Germany.  —  iPhone users need a T-Mobile contract …
Discussion: Infinite Loop and iLounge
 
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 More Items: 
Anthony James / Yanko Design:
Old / New Phone  —  They are getting older by the second.
Dancho Danchev / Zero Day:
DIY phishing kits introducing new features
Ronen Halevy / BerryReview.com:
Free RIM BlackBerry Wallet Application!  - Store Personal Information Securely
The Industry Standard:
The Industry Standard's Top 25 B-to-Z List Blogs
Discussion: Zoli's Blog
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
Enigmax / TorrentFreak:
iSlsk Brings File-Sharing to iPhone
Discussion: ReadWriteWeb and errrick
Thomas Mennecke / Slyck:
P2P Defendant Awarded Attorney Fees
Discussion: Ars Technica and Electronista
 Earlier Items: 
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
InfoWorld:
Moonlight release puts Silverlight on Linux
Discussion: OSDir.com
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
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:

Adam Hochberg / Poynter:
New project from Gannett uses Oculus Rift to deliver news via virtual reality

Folio:
How HBR Has Turned Its Old Content Into New Revenue

Guardian:
Iran's Jila Baniyaghoob on journalism, prison and Rouhani

 
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