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12:05 PM 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.
Staci D. Kramer /
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.
Larry Dignan / Between the Lines:   We've been acquired: CBS buys CNET
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! …
Joseph Weisenthal /
Icahn Confirms Stake And Proxy Fight; Pushing For Microsoft; Mark Cuban On List
Andrew Ross Sorkin / New York Times:   Icahn Proposes Dissident Yahoo Board
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.
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.
Michael Liedtke / Associated Press: acquires, other references  —  SAN FRANCISCO - has bought a stable of Internet reference sites that includes in its latest effort to distinguish itself from online search leader Google Inc. and other much larger rivals.
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.
Adobe Labs:
Beta Release Notes
Hank Williams / Why does everything suck?:
Adobe Introduces P2P Flash Player, Kills CDNs
Discussion: Adobe, Compiler and The Mac Observer
Roy Bostock / PR Newswire:
Associated Press:
Nintendo hit with $21 million patent infringement  —  LUFKIN, Texas (AP) — 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: DailyTech, CrunchGear, TechSpot and Gizmodo
Thomas Ricker / Engadget:
Nintendo ordered to pay $21 million to patent troll
Discussion: CNET and Electronista
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 …
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 …
Michael Arrington / TechCrunch:
Amazon May Sell $750 Million In Kindles by 2010 (That's A Lot Of Kindles)  —  The Kindle, Amazon's ugly but useful ebook reader that launched in November 2007, may be a burgeoning hit, says Citigroup Analyst Mark Mahaney.  Citi expects Amazon to generate between $400 million and $750 million …
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 …
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 for Software Systems aimed …
Discussion: IP Democracy and Associated Press
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 More Items: 
Ryan Paul / Ars Technica:
Thunderbird 3 fledges with first alpha release
Live from Berkman@10: The Future of the Internet
Discussion: CNET
Emil Protalinski / One Microsoft Way:
Microsoft: XP had 24% more vulnerabilities than Vista in '07
Joel Hruska / Ars Technica:
Strong passwords no panacea as SSH brute-force attacks rise
Moonlight release puts Silverlight on Linux
Paul Miller / The Semantic Web:
Commercialising the Semantic Web
Discussion: bytes|genes
Frank Jordans / Associated Press:
Swiss man soars above Alps with jet-powered wing
Discussion: Switched
 Earlier Items: 
David Eaves / SEOCO:
Yahoo! Gets With The IP Delivery
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
Stephen Baker / Blogspotting:
The Twitter Story I've been working on
Mark Hendrickson / TechCrunch:
Amazon Funds Animoto Music Video Creator
Discussion: VentureBeat and The Next Web
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces
Seth Schiesel / New York Times:
O.K., Avatar, Work With Me
Discussion: Smart Mobs