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6:55 PM ET, September 29, 2008

Techmeme

 Top Items: 
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:
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 …
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.
Ina Fried / Beyond Binary:   Tech stocks hammered as bailout fails in House
Om Malik / GigaOM:
Sept 29: The Day of Unlucky Sevens
Discussion: Google Watch and New York Times
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 and WebGuild
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.
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.
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 …
RELATED:
ap.org:
More than 500 newspapers sign up for AP Member Marketplace
Discussion: paidContent.org
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 …
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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
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.
RELATED:
Chris Williams / The Register:
EU bids to dominate future nebulous buzzword  —  'We don't know what Web 3.0 is, but we must have it'  —  The European Commission has called out for help on how it can “put Europe into the lead of the transition to Web 3.0”.  It doesn't seem sure what web 3.0 is or could be in the future - it just knows it wants it.
RELATED:
EU Press Room:   Commission consults on how to put Europe into the lead of the transition to Web 3.0
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) …
Discussion: CNET News, GigaOM and Guardian
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
Saul Hansell / Bits:
British Telecom Wants to Watch  —  While Internet providers in the United States have backed off, for now, from the idea they may be able to make money by selling information on where their customers surf on the Internet, British Telecom is still moving forward with the idea.
Discussion: Search Engine Land
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
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
Jessica Guynn / L.A. Times Tech Blog:
Facebook hires general counsel as it continues to grow  —  Young upstart Facebook is growing up at Internet speed.  —  The latest sign: Its freshly installed management team has hired a legal gun with a loaded resume that includes serving as a White House lawyer who helped coordinate …
Kris Pigna / PC Magazine:
New ‘Grand Theft Auto’ Makes Cocaine Sales a Game  —  Earlier this week, news broke that Grand Theft Auto: Chinatown Wars — the forthcoming DS rendition of Rockstar's immensely popular crime series — would feature a drug-selling mini-game, where players could earn money peddling six different kinds of narcotics around town.
Discussion: Reuters, Negative Approach and GMSV
Ryan Paul / Ars Technica:
Classmate PC gets a boost with million-unit Venezuelan order  —  The government of Venezuela has announced plans to order more than one million Classmate PC laptops from Portugal as part of a broad economic agreement between the two countries.  The government of Venezuela aims …
Charlie Sorrel / Gadget Lab:
LG Teaser Shows 3G Netbook: The Momo  —  LG is planning the release of a new netbook with 3G internet inside.  The X110 Momo is listed on LG's site as “coming soon”, and includes the standard netbook features: 1.6GHz Atom processor, 1.3MP webcam, a 10" screen, optional Bluetooth, an SD card reader and Windows XP Home Basic.
Philip Elmer-DeWitt / Apple 2.0:
Rumor: An iPhone for Verizon in 2009  —  Chalk this one up to wishful thinking.  —  A leading Apple blog posted a rumor Sunday that the iPhone — which is currently available in the United States only through AT&T Wireless — could be coming to Verizon, perhaps as early as January 2009.
Fred Aun / ClickZ:
High Online Video Ad Costs Could Drop  —  Online video ads cost advertisers substantially more than display or text advertising, but prices might drop as its novelty fades, says a new report by eMarketer.  —  Citing research by Bain and Company for the Interactive Advertising Bureau (IAB) …
Discussion: Portfolio, HipMojo.com and Lost Remote
Kunal Gangar / techtickerblog.com:
Meizu M8 to launch in December  —  Meizu M8's launch speculation will come to an end soon.  Taiwan based distribution company, Geek IT Stores has taken up the mantle to launch Meizu's so-called iPhone Killer with ‘complete fanfare’ in the Chinese market which will be followed up with Indian market.
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 …
 
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 Techmeme Sponsor Posts: 
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Queensland Government partners with Microsoft to bring Office 365 to 149,000 government employees  —  Queensland, the second-largest state in Australia, will partner with Microsoft to bring Office 365 …
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 More Items: 
Stephen Shankland / CNET News:
Analysts: Google Maps wins, rivals ‘stagnate’
Discussion: TechCrunch and WebProNews
Alex Pham / L.A. Times Tech Blog:
Mattel says it will appeal Scrabulous ruling
Vishesh Kumar / Wall Street Journal:
AT&T Switches Satellite-TV Provider
Don Reisinger / TechCrunch:
YouTube Gets More Competitive With Upload Redesign, Larger File Sizes
Discussion: Podcasting News, CNET News and AppScout
Robert Vamosi / Defense in Depth:
How ‘carders’ trade your stolen personal info
Matt Marshall / VentureBeat:
Stock market plunges badly as bailout stalls in House …
Discussion: TG Daily
 Earlier Items: 
OPEN Forum:
Think Local, Act Conversational - It Just Might Save Your Business
Discussion: Screenwerk
Peter Kafka / Silicon Alley Insider:
eMusic CEO David Pakman Out
Discussion: CNET News and paidContent.org
Mike Butcher / TechCrunch UK:
DropSend sold - but how easy is it to flip a web app these days?
Discussion: paidContent
Joe Wilcox / Microsoft Watch:
The Great Windows-Mac Laptop War
Discussion: MacRumors and TechBlog
 

 
From Mediagazer:

David Carr / New York Times:
Aereo Case Will Shape TV's Future

Hussain Al-Qatari / Associated Press:
Kuwait court shuts 2 newspapers over coup articles

Alexis Sobel Fitts / Columbia Journalism Review:
Early reception of Showtime documentary demonstrates difficulty of covering climate change

 
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