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10:35 PM ET, June 28, 2008

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Want Some Facebook Stock At A $3 Billion Valuation?  We Know Who To Call.  —  Facebook may have talked a few investors, including Microsoft, Hong Kong billionaire Li Ka-shing and Germany's Samwer brothers, into investing in the company's preferred stockat a $15 billion valuation.
Discussion: Joe Duck
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Peter Kafka / Silicon Alley Insider:
For Sale: Facebook Shares, 67% Off  —  What is Facebook really worth?  We know it's not worth $15 billion — earlier this week a federal court, ruling on the ConnectU case, confirmed that the company has already placed a different value on its shares than the one they publicly announced as part of last fall's Microsoft deal.
Discussion: HipMojo.com and Valleywag
Rafat Ali / paidContent.org:
NBC's Totalitarian Olympics: More on Restrictions; Online Video Only After TV Broadcast  —  And here I was rejoicing that finally we could do away with the lame soft-focus athlete stories and parochial commentary from NBCU with this Olympics: Yes, the company will have 2,200 hours of live competition …
RELATED:
David Bauder / Associated Press:
NBC offers wide online access for Beijing Olympics  —  NEW YORK - NBC is making more than 2,200 hours of live competition from Beijing available online, giving Olympic junkies more action than they could ever devour in a day.  —  After barely tipping its toe in the digital world during past Olympics …
Discussion: HipMojo.com and Mashable!
Dave Winer / Scripting News:
State of the Twitter, June 2008  —  June was a terrible month in TwitterLand.  The service was down a lot.  It's basically down right now, has been for days — since the Replies tab doesn't work.  —  I've never seen anything like it.  A service so many people use that can't stay up.
RELATED:
Muhammad Saleem / ReadWriteWeb:   FriendFeed: One Feature to The Tipping Point
1938 Media:
Open Letter To Shel Israel - It's Over  —  When I first started my career, you made it a point to bury me online, and more importantly back channel as well.  This is a fact.  You and your crew went out of your way to take food off my plate.  I never forgot that, and now you have something you'll never forget.
Discussion: Scripting News
The Technium:
The Google Way of Science  —  There's a dawning sense that extremely large databases of information, starting in the petabyte level, could change how we learn things.  The traditional way of doing science entails constructing a hypothesis to match observed data or to solicit new data.
Discussion: Data Mining and A Networked World
The Boy Genius / Boy Genius Report:
Motorola Blaze for Verizon: the touch screen war hasn't stopped yet  —  Ooooh!  It's purdy and shiny.  Yes, yes, y'all — another Motorola scoop.  This time, we're switching gears from non-autofocusness to touch screens.  There's also very little doubt the Motorola Blaze isn't coming to Big Red.
Discussion: Engadget and Gizmodo
Matt Cutts / The Official Google Blog:
Using data to fight webspam  —  This post is the latest in an ongoing series about how we harness the data we collect to improve our products and services for our users.  - Ed.  —  As the head of the webspam team at Google, I'm in charge of making sure your search results are as relevant and informative as possible.
Jesusdiaz / Gizmodo:
MSI Wind Running Mac OS X Also Thinks It's a Mac Pro  —  It's not even out yet and people have already hacked Mac OS X to run on the MSI Wind.  Like with other non-Apple Leopard boxes, the little computer believes it is a Mac Pro, which is OK because we all want to be Mac Pros when we grow up.
Mike Speiser / Laserlike:
Optimal startup burn rate and the Kelly criterion  —  In my last post, The Product, Part II: Technical architecture and the innovator's paradox I talked about the importance of staying in the game and linked to a Wikipedia article on the Kelly criterion.  In the comments, entrepreneur …
Discussion: yardley.ca and Texas Startup Blog
Michael Arrington / TechCrunch:
Yahoo Loses One Of Their Top Deal Guys - One More Exec Gone  —  As anyone could guess, the Yahoo executive exodus continues.  Kent Goldman, Yahoo's Director of Corporate Development and one of their top deal guys, is rumored to be leaving the company.  Goldman joined Yahoo in 2004 as Director …
Discussion: HipMojo.com and Startup Meme
 
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 Techmeme Sponsor Posts: 
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From Marine Corps general to Microsoft VP  —  Microsoft's new VP for military affairs aims to expand the company's already broad slate of support programs for veterans.
HP:
To Handle the Big Data Deluge, HP Plots a Giant Leap Forward  —  In 1965, Gordon E. Moore published the now-famous prediction that computer processors would double in power every two years.
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Your Grandfather's Backup Tools Weren't Built for Today's Virtual Environments.  —  When the health of your business rides on the availability of your virtual machines and the applications they run …
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Customer Spotlight: How One Company Went from No CRM to Zoho CRM Power Users  —  “We had evolved our CRM from spreadsheets, to Goldmine CRM and finally to ACT CRM, but we knew we needed to move to a native cloud-based CRM”
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 More Items: 
Davidw / Joho the Blog:
[reboot] Jyri Engestrom on “Nodal Points”
Discussion: Infocult
Vinicy Chan / Reuters:
China Mobile says iPhone talks scale biggest hurdle
Bob F / I, Cringely . The Pulpit | PBS:
Go Home, Bill  —  This is the last week of full-time work …
Ken Belson / New York Times:
With Wireless Network, City Agencies Have More Eyes in More Places
 Earlier Items: 
Charlie Sorrel / Gadget Lab:
The Brains Behind the Image Fulgurator
Discussion: Digg
Matt Richtel / New York Times:
Venture Investors Wrap Up an Unusually Bleak Quarter
Chris Albrecht / GigaOM:
Meet Tech Teentrepreneur Daniel Brusilovsky
Michael Arrington / TechCrunch:
EMI Music Sues Hi5, VideoEgg and Ten Defendants To Be Named Later
 

 
From Mediagazer:

Jason Straziuso / Associated Press:
Father of Al Jazeera journalist Peter Greste says family is focusing on appeal of verdict

Mark Sweney / Guardian:
Facebook and fewer stories behind rise in web traffic, says Telegraph chief

BBC:
Russia enacts ‘draconian’ law for bloggers and online media

 
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