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10:35 PM ET, September 29, 2008

Techmeme

 Top Items: 
Bobbie Johnson / Guardian:
Cloud computing is a trap, warns GNU founder Richard Stallman  —  Web-based programs like Google's Gmail will force people to buy into locked, proprietary systems that will cost more and more over time, according to the free software campaigner  —  The concept of using web-based programs …
RELATED:
Nick / Rough Type:
Shooting at clouds  —  Free software activist Richard Stallman …
Discussion: eWeek
Eric Savitz / Tech Trader Daily:
Apple Falls Sharply; RBC, Morgan Stanley Cut Ratings  —  Apple (AAPL) shares are down sharply Monday morning after analysts at RBC Capital and Morgan Stanley cut their ratings on the stock.  — RBC Capital's Mike Abramsky cut his rating on the stock to Sector Perform from Outperform …
RELATED:
MG Siegler / VentureBeat:
Apple stock plunging, Google stock diving, Yahoo stock melting  —  It appears as if the bad overall economy is nailing some key tech stocks this morning.  Apple, Google and Yahoo are all down significantly right now in early afternoon trading on the stock market.
Philip Elmer-DeWitt / Apple 2.0:
Why Apple shares took a nosedive  —  Apple shares suffered their sharpest fall in eight years Monday morning on the word of two analysts — including one whose record predicting the company's performance is mixed at best.  —  By 10:10 a.m ET the stock had dropped 16%, wiping out more than $18 billion …
Erick Schonfeld / TechCrunch:
VCs (And Startups) Won't Be Immune To The Credit Crunch  —  So far the downward spiral of credit and financial markets seems to have left venture capital firms and startups relatively unharmed.  Even though the IPO market closed completely in the second quarter (and opened again only slightly in the third) …
RELATED:
Rafe Needleman / CNET News:
How start-ups can survive  —  In 2001, the first dot-com economy collapsed.  New companies couldn't raise funds to continue operating.  Existing companies couldn't go public or get bought.  My employer (Red Herring) folded, as did hundreds of other businesses.
Business Week:
The 25 Most Influential People on the Web  —  Each year, we turn to readers and BusinessWeek staff for the Best of the Web list, asking them to contribute names for a list of the Internet's movers and shakers.  Take a look at the slide show to see which people have the most impact on the Web these days.
XOHM™ WiMAX:
XOHM WIMAX BROADBAND SERVICE DEBUTS IN BALTIMORE  — New 4G wireless era dawns as unique business model revolutionizes mobile Internet access  — Service-plan innovation includes $50 “Pick 2 for Life” offer without usage limitations  —  A next-generation 4G wireless network based …
RELATED:
Elizabeth Woyke / Forbes:   Always On Laptops  —  Road warriors, rejoice!
Kip Kniskern / LiveSide:
What happened to Hotmail?  —  Last week, after receiving a “tip” from Microsoft's PR firm Waggener Edstrom, we posted on the coming rollout of a new version of Hotmail.  Our readers were quick to try and catch the new version in the wild, checking out different Bay numbers like the junior sneaky geniuses we know you are.
Om Malik / GigaOM:
Sept 29th: The Day of Unlucky Sevens  —  Does anyone else find it weird that the rejection of the $700 billion bailout plan was a day of unlucky sevens?  The Dow Jones Industrial Average declined 777.7 for the day.  —  I wrote over the weekend a post that rounded up what some of the big technology companies …
RELATED:
Ina Fried / Beyond Binary:
Tech stocks hammered as bailout fails in House
Discussion: Data Center Knowledge
Marshall Kirkpatrick / ReadWriteWeb:
AP: The Modern Newsroom Looks Like a Little RSS Reader  —  The 20th century news and stock ticker used to be one of the most archetypal images of newsrooms all around the world.  It was timely and exciting, if a bit impersonal, for editors to watch the wires for breaking news …
Discussion: ap.org and paidContent.org
Brier Dudley / Brier Dudley's blog:
Nice timing: Microsoft discloses executives raises, bonuses  —  The big winner this year appears to be Chief Operating Officer Kevin Turner, who received the biggest bonus and salary award.  —  But all the top executives at Microsoft received raises and higher bonuses in fiscal 2008 than in fiscal 2007.
Kara Swisher / BoomTown:
Yusuf Mehdi Gets a Big New Job at MSN-But Still No Digital Head in Sight  —  Longtime Microsoft exec Yusuf Mehdi (pictured here) is taking over a big part of Microsoft's online services portfolio-including marketing, online audience business development and product management for MSN and the search properties.
Brad Burnham / Union Square Ventures:
Why The Flow Of Innovation Has Reversed  —  I had a beer recently with Dave McClure of 500 Hats.  As is always the case when I get together with Dave, we had a long, rambling and enjoyable conversation about how the Web is changing the way businesses get built.  —  At some point, I said that the vector of innovation has changed.
Discussion: Startup Chatter
Google Mac Blog:
Introducing Top Draw  —  Top Draw is an image generation program just launched in the Google Mac Playground.  By using simple text scripts, based on JavaScript, Top Draw can create surprisingly complex and interesting images.  Even cooler is that the program has built-in support for installing any image of yours as your desktop image.
Discussion: Cult of Mac, MacUser and Lifehacker
Reuters:
Nokia CTO Bob Iannucci to step down  —  Nokia's (NOK1V.HE: Quote, Profile, Research, Stock Buzz) Chief Technology Officer Bob Iannucci will step down from his position for personal reasons effective immediately, a spokesman for the world's top cell-phone maker said on Monday.
Discussion: Engadget and mocoNews.net
Darryl K. Taft / eWeek:
Microsoft, Xerox Invest in Innovation  —  Lead Microsoft and Xerox technologists tout the benefits of research in the quest to deliver the next big thing in IT and computing at the Massachusetts Institute of Technology Emerging Technologies event.  Signifying its commitment to invest …
Ernesto / TorrentFreak:
The Pirate Bay Clashes with Book Publishers  —  Swedish book publishers have presented a study in which they show how widespread book piracy is in Sweden.  The publishers think that this copyright infringement has a disastrous effect on their income, while The Pirate Bay is surprised …
Discussion: Epicenter
Office of Attorney General Rob McKenna:
Fright Fight: Washington Attorney General leading battle against scareware with Microsoft  —  New lawsuits announced today under state's improved anti-spyware law  —  SEATTLE - Attorney General Rob McKenna stood at the frontlines with Microsoft Corp. in the war against spyware in 2006.
Eric Savitz / Tech Trader Daily:
Nasdaq's Plunge: Large-Cap Tech Takes A Mammoth Hit; Top 10 Most Actives Lost $111 Billion In Market Cap  —  On one of the stock market's ugliest days in years, the Nasdaq most active list is dominated by the biggest, most liquid technology names, all of which suffered major declines.
Discussion: Microsoft Watch and Voices
Sandisk:
SANDISK ANNOUNCES WORLD'S LARGEST MOBILE PHONE MEMORY CARD CAPACITY WITH 16GB MICROSDHC AND M2  —  Best Buy Mobile and Verizon Wireless Stores Are First to Carry New 16GB Capacity  —  Milpitas, Calif. September 29, 2008 - SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory products …
Discussion: Crave, Unwired View, jkOnTheRun and Engadget
Don Reisinger / TechCrunch:
YouTube Gets More Competitive With Upload Redesign, Larger File Sizes  —  YouTube has been criticized in the past for not offering the experience already being offered on services like Viddler or Vimeo where users can upload large file sizes and input video information while it's being uploaded.
Matthew Taylor / Guardian:
MI6 seeks recruits on Facebook  —  MI6 is using the social networking site Facebook to recruit the next generation of spies.  The Secret Intelligence Service, which has traditionally scoured the country's elite universities for recruits, launched a series of online adverts this month as part …
Michael Arrington / TechCrunch:
Ukrainian Startup MP3Count Springs Up To Sell Music For Pennies  —  The legal travails of Russian music download service AllOfMP3, which sold music for a few cents per download, are well known.  Whether or not it was legal under Russian law, the site was shut down after massive U.S. government pressure …
Discussion: SitePoint Blogs
Robert Vamosi / Defense in Depth:
How ‘carders’ trade your stolen personal info  —  Debit cards and PINs are hot subjects on the criminal underground forums these days, Tom Rusin said on a recent visit to CNET.  Rusin is president of North American operations at Affinion Group, a company that monitors the criminal underground …
Sam Oliver / AppleInsider:
Apple updates App Store to address developer misuse  —  Apple over the weekend instated a series of changes to the way its App Store operates in an effort to knock out loopholes that were being exploited by some developers seeking an unfair advantage.  —  Reviews
Laurie J. Flynn / New York Times:
Chip Maker Rambus Wins Battles, but Faces Bigger War  —  LOS ALTOS, Calif., — Craig Hampel has spent the last two years trying to design the next leap in memory chip technology, one that will allow computers to display more detailed graphics even faster.  —  Now comes the hard part …
Discussion: Docu-Drama
Alex Pham / L.A. Times Tech Blog:
Mattel says it will appeal Scrabulous ruling  —  Mattel, which owns the international rights to Scrabble, said today it would appeal last week's court ruling in India that the Scrabulous online word game did not violate Mattel's copyrights.  —  The court did, however, say Scrabulous infringed …
 
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 Techmeme Sponsor Posts: 
Microsoft:
For Bing's Kevin White, red wine and data science are the perfect pairing  —  On paper, red wine and data mining hardly seem an appropriate pair.  One goes with meats, the other with user experiences.
Intel:
Intel Unveils 8-Core Processor Gaming Monster at PAX  —  Intel just announced its first 8 core, 16 thread gaming monster — otherwise known as the Intel® Core™ i7-5960X processor Extreme Edition desktop processor …
VMware:
Top Five Reasons Why Your Organization Should Consider Cloud-Based Disaster Recovery  —  Few organizations can afford the downtime caused by a disaster.  Those capable of weathering such events usually have the datacenters …
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 More Items: 
BIZ / Twitter Blog:
The Debate: A Twitter Play-by-Play
Discussion: Mashable!
Peter Suciu / VentureBeat:
Q&A with PlayFirst's John Welch on making game consoles obsolete …
Discussion: PlayFirst® and GoNintendo
Chris Williams / The Register:
EU bids to dominate future nebulous buzzword
Discussion: EU Press Room
Saul Hansell / Bits:
British Telecom Wants to Watch
Discussion: Search Engine Land
Vishesh Kumar / Wall Street Journal:
AT&T Switches Satellite-TV Provider
 Earlier Items: 
Ryan Paul / Ars Technica:
Classmate PC gets a boost with million-unit Venezuelan order
Philip Elmer-DeWitt / Apple 2.0:
Rumor: An iPhone for Verizon in 2009
Fred Aun / ClickZ:
High Online Video Ad Costs Could Drop
Discussion: HipMojo.com, Epicenter and Lost Remote
 

 
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ISIL Has Reportedly Beheaded Journalist Steven Sotloff

 
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