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1:35 AM ET, June 29, 2008


 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
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: and Valleywag
Rafat Ali /
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 …
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: 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.
Muhammad Saleem / ReadWriteWeb:   FriendFeed: One Feature to The Tipping Point
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
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
New NoiseRiver App Adds Interest Filters to FriendFeed Stream … As FriendFeed has grown its user base, the number of people to follow and items they add to their personal streams is increasing.  Some are finding the resulting noise to be too much in its native form.
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.
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: Lockergnome, 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.
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: and Texas Startup Blog
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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 …
Michael Arrington / TechCrunch:
Yahoo Loses One Of Their Top Deal Guys - One More Exec Gone
Discussion: and Startup Meme
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
Quentin Carnicelli / Under The Microscope:
Announcing LiveDiscKit  —  Way back in January, we showed off LiveDisc …
Michael Arrington / TechCrunch:
EMI Music Sues Hi5, VideoEgg and Ten Defendants To Be Named Later