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5:10 PM ET, July 1, 2008

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 Top Items: 
MSDN Blogs:
Powerset joins Live Search  —  We're excited to announce that we've reached an agreement to acquire Powerset, a San Francisco-based search and natural language company.  —  Powerset will join our core Search Relevance team, remaining intact in San Francisco.
RELATED:
Mark Johnson / Powerset:
Microsoft to Acquire Powerset 2  —  We're excited to announce officially that Microsoft has signed an agreement to acquire Powerset.  —  Powerset has always been a small company with big dreams, with the ultimate goal of changing the way humans interact with computers through language.
Discussion: CNET News.com
Michael Arrington / TechCrunch:
Ok, Now It's Done.  Microsoft To Acquire Powerset  —  Microsoft will announce today that they have acquired San Francisco based semantic search engine Powerset.  The acquisition price is not being disclosed, but our understanding from sources close to the deal is that the previously rumored $100 million is “roughly accurate.”
Catherine Holahan / Business Week:
Microsoft's Plan B for Search  —  Moving past the Yahoo saga, the software giant is buying semantic search engine Powerset as a way of closing the gap with Google  —  Still smarting from a failed attempt to buy Yahoo! (YHOO), Microsoft (MSFT) is trying another tactic to gain on Google (GOOG) in Web search.
Discussion: paidContent.org and Beyond Search
Marshall Kirkpatrick / ReadWriteWeb:
Gnip: Grand Central Station for the Social Web  —  Ping, ping, ping!  That's the sound made day and night by the new social media technologies rapidly proliferating around the web... and the machines are getting tired.  Polling for updates to user data streams, wishing they spoke the same language …
RELATED:
Michael Arrington / TechCrunch:
Gnip Launches To Ease The Strain On Web Services  —  MyBlogLog founder Eric Marcoullier sold his company to Yahoo in January 2007 for an estimated $10 million.  He left Yahoo in July 2007 with the seed of a new idea germinating in his head - “Make data portability suck less.”
Joseph Smarr / Plaxo's Personal Card:
Gnip launches and Plaxo's pulse is racing
Discussion: VentureBeat
Joshua Topolsky / Engadget:
AT&T announces iPhone 3G pricing plans  —  Finally, a piece of news we can actually do something with.  AT&T today announced its pricing structure for the next iteration of Apple's iPhone.  There's not much that's surprising here — new customers and those eligible for an upgrade will be able …
RELATED:
Peter Svensson / Associated Press:
AT&T offers new option of iPhone without contract
Discussion: TechSpot
The Official Google Blog:
Google learns to crawl Flash  —  Google has been developing a new algorithm for indexing textual content in Flash files of all kinds, from Flash menus, buttons and banners, to self-contained Flash websites.  Recently, we've improved the performance of this Flash indexing algorithm by integrating Adobe's Flash Player technology.
RELATED:
Adobe:
Adobe Advances Rich Media Search on the Web
Mathew / mathewingram.com/work:
News flash: Flash websites still suck
Discussion: Mashable!, TG Daily and Blogging Pro
Matt Richtel / Bits:
A Cringing Quarter for Venture Capitalists  —  As I reported Saturday, venture capitalists experienced a very poor second quarter.  The industry's trade association said Tuesday that for the first time since 1978, not a single venture-backed company went public in the quarter.
RELATED:
Paul Kedrosky's Infectious Greed:
The VC Asset Class Crisis Thing
Discussion: PE Hub Blog
Joe Sharkey / New York Times:
Bag Helps Laptop Pass Air Security  —  For years at airport security checkpoints, passengers have heard the refrain, almost a dirge: “Laptops must be removed from their cases and placed on the belt.”  —  Get ready for a change.  The Transportation Security Administration has given the go-ahead …
techzoom.net:
Understanding the Web browser threat: Examination of vulnerable online Web browser populations and the “insecurity iceberg”  —  Stefan Frei 1, Thomas Dübendorfer 2, Gunter Ollmann 3, Martin May 1  — Computer Engineering and Networks Laboratory (CSG), ETH Zurich  — IBM Internet Security Systems, IBM ISS
RELATED:
Robert Vamosi / Defense in Depth:
Researchers: 637 million browser users at risk
Discussion: TG Daily
Microsoft:
Microsoft Advances Volume Purchasing With Select Plus Offering  —  Built on customer criteria, Select Plus facilitates centralized and decentralized purchasing of Microsoft software and services with a single, organizationwide agreement.  —  The new Microsoft Select Plus Volume Licensing …
Discussion: One Microsoft Way
RELATED:
Dan Frommer / Silicon Alley Insider:
That 3G iPhone Not $199 For Everyone; Bernstein Hikes Apple Estimates  —  New details today on Apple's (AAPL) iPhone pricing and U.S. launch, as well as a bullish report from Bernstein's Toni Sacconaghi, once an iPhone skeptic.  —  The iPhone 3G will go on sale at AT&T stores beginning at 8 …
RELATED:
Eric Savitz / Tech Trader Daily:
Apple: Bernstein Ups Target; Boosts iPhone Unit Forecast
Discussion: Electronista
Anuj Srivastava / Inside AdSense:
We're retiring AdSense Referrals  —  We're constantly looking for ways to improve AdSense by developing and supporting features which drive the best monetization results for our publishers.  Sometimes, this requires retiring existing features so we can focus our efforts on the ones that will be most effective in the long term.
Michael Arrington / TechCrunch:
Engadget's Ryan Block and Peter Rojas To Team On New Startup  —  Engadget's editor-in-chief Ryan Block will be leaving parent company AOL shortly, sources say, to launch a new startup.  Partnering with him on the new company will be Peter Rojas, Engadget's former editor-in-chief (pictured left below, next to Block).
Jesusdiaz / Gizmodo:
Crash Bandicoot Comes Racing to iPhone 2.0  —  It looks like the iPhone gaming scene is getting more solid by the day: Crash Bandicoot is the latest famous franchise that is going to appear at the app store in the form of Crash Bandicoot Nitro Kart, a racing game that—looking at the demo video …
Michael Learmonth / Silicon Alley Insider:
Hulu: A Consumer Success But Still A Small Business  —  Since Hulu launched three months ago, it has become a consumer success, joining Nielsen's top-10 video sites, and serving more video in May than ABC.com.  —  What does that mean in terms of gross ad sales for the NBC U - News Corp. JV?
Frederic Lardinois / ReadWriteWeb:
Mozilla Releases Weave 0.2: Filling in for Browser Sync  —  Not too long ago, Google announced that it was going to stop the development of its Browser Sync project.  Browser Sync automatically synchronized bookmarks between different computers.  Mozilla just announced a new version …
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 Techmeme Sponsor Posts: 
Adobe AIR Team Blog:
HTC Hero: The first Android device with Flash  —  Adrian Ludwig from Adobe shared some very exciting news when he recently demoed Flash Player running inside of the new HTC Hero web browser.
Channel 9:
This Week C9: Speech Recognition, Army of 1, TweetCraft and more  —  This week on Channel 9, Dan and Brian discuss the week's top developer news, including:  — Joel Bennett - Control your PC with your voice and PowerShell, via Alvin Ashcraft
Microsoft Startup Zone:
Business plans, business models, who needs them?  —  For a long time I have wanted to write a post about the irrelevance of business plans.  Twitter got VC funding with no business plan and no business model.
OSCON:
OSCON Early Registration Extended  —  Open source technologies are some of the most economical choices you can make for your business and we've just made it a little easier to get the info you need to maximize …
Zoho Blogs:
Announcing The Social Way To Get Things Done: Zoho Projects 2.0  —  Today we're excited to end the ‘mystery’ and announce Zoho Projects 2.0.  What is so exciting about this launch?  It will change how teams get work done.
Intel Software Network Blogs:
Among the Computing Greats- A night at the ACM Awards  —  My background and inclination, lead me to want to report on my recent trip to the ACM Awards like I would the Oscar's... “Dr. Andrew Chien was looking debonair …
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 More Items: 
Justin Berka / Infinite Loop:
MS's Remote Desktop Connection 2 for Mac finally out of beta
Smashing Magazine:
Should Links Open In New Windows?
Discussion: WinExtra
PC World:
Sonnet Ups Fusion F2 Portable RAID to 1TB
Discussion: Computerworld
Wendy Davis / MediaPost Publications:
NebuAd Rebuffed By Additional ISPs Due To Privacy Issues
Brian Caulfield / Forbes:
Apple Spurns Intel, For Now
Deborah Gage / San Francisco Chronicle:
McAfee study takes surfers to depths of spam
Scott Moritz / Fortune:
Howard Stern may have a Sirius dilemma
Marguerite Reardon / CNET News.com:
Skype taps former Motorola exec for COO post
 Earlier Items: 
Michael Masnick / Techdirt:
RIAA Also Tells Judge That Proof Shouldn't Be Necessary To Sue For Infringement
Ryan Paul / Ars Technica:
Four things that need fixing to secure the future of the web
Discussion: Xconomy
Jeffrey R. Young / Chronicle of Higher Education:
Textbook Piracy Grows Online, Prompting a Counterattack From Publishers
PR Newswire:
TripAdvisor Acquires VirtualTourist and OneTime
Jibi / BlackBerryNews.com:
EXCLUSIVE: BlackBerry Thunder now the BlackBerry 9500, OS 4.7.0
Business Technology:
Most Corporate Blogs Are Unimaginative Failures
Kevin Carmony / Kevin Carmony's Blog:
Xandros Acquires Linspire Assets in Secret Backroom Deal