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3:30 AM ET, September 30, 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:
Larry Borsato / Industry Standard:
Cloud computing: Trap or treasure?  —  Richard Stallman thinks that free software is a good thing.  But when it comes to free Web-based software, it's a different story.  He thinks it's a trap, and “worse than stupidity”.  —  It helps to know that Richard Stallman is the founder …
Discussion: mathewingram.com/work
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 10:30 a.m ET the stock had dropped 16%, wiping out more than $18 billion …
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.
Eric Savitz / Tech Trader Daily:
Apple Falls Sharply; RBC, Morgan Stanley Cut Ratings
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.
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.
Cecilia Kang / Washington Post:
Sprint Xohm Plans to Limit Bandwidth for Heavy Internet Usage  —  In Sprint Nextel's unveiling of its new Xohm WiMax service in Baltimore, it also revealed rules for using its service that one public interest group warns may prevent users from full and unfettered access to the Web.
Discussion: Technologizer and TECH.BLORGE.com
RELATED:
DSLreports:
XOHM: P2P May Be Throttled - Consumer groups react badly to new XOHM fine print...
Discussion: Boy Genius Report and Free Press
Dan Frommer / Silicon Alley Insider:
Sprint's WiMax: Comcast Who? We'll Choke BitTorrent If We Want To
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
Eric Savitz / Tech Trader Daily:
Nasdaq's Plunge: Large-Cap Tech Takes A Mammoth Hit; Top 10 …
Discussion: Microsoft Watch and Voices
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.
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.
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.
Paul McNamara / PC World:
Google Has Gone and Redefined ‘Beta’  —  The question of why so many Google products are classified “beta” — and classified thusly for so long — has knocked around the tech press for some time.  However, no one really seemed to know the answer, at least no one outside of Google.
Discussion: TECH.BLORGE.com
Ashlee Vance / Bits:
I.B.M. Puts iPhone in the Lotus Position  —  Apple's push to make the iPhone a desired device among the world's largest companies should receive a boost this week thanks to I.B.M.  —  At long last, I.B.M. has issued software which will bring the e-mail, calendar and contacts functions handled …
Discussion: CNET News
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:
Philipp Lenssen / Google Blogoscoped:
An Investigation Into Communication Between NSA and Google  —  A PDF file published at GovernmentAttic.org contains, according to its description, the “NSA [US National Security Agency] administrative processing file for FOIA [Freedom of Information Act] request for records on Google and contracts With Google”.
David Chartier / Ars Technica:
Hands on: Nero's LiquidTV, TiVo for your PC  —  Nero today announced LiquidTV, a combination software and hardware product that brings the entire TiVo experience out of the living room and onto Windows PCs.  Offered as a mix of TiVo software and a handful of unique features …
Rafe Needleman / CNET News:
Whole Travel launches good site at bad time  —  I'm not sure if this is a service I would choose to launch this week: Whole Travel is a new site, launching Tuesday, that's focused on “sustainable” or “green” travel.  Given that most of us are likely to have a lot less green in the coming months, I worry about the concept.
Discussion: TechCrunch
Elizabeth Woyke / Forbes:
Always On Laptops  —  Road warriors, rejoice!  Constantly connected laptops are finally here.  —  The catch: Users will have to choose between two competing technologies, WiMax and HSPA, in a match-up that could rival Betamax V. VHS.  —  The two technologies are poised to go head to head.
Discussion: Sidecut Reports
GSMArena.com:
LG KC780 makes a go at the thinnest 8-megapixel cameraphone title  —  The LG KC780 8 megapixel cameraphone is now officially confirmed, as we managed to snatch a press photo of the upcoming slider.  We don't have the specs of the KC780, but we know that it's being touted by LG as the slimmest 8 megapixel phone to-date.
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: mocoNews.net and Engadget
Jason Kincaid / TechCrunch:
NIN Edition of Tap Tap Revenge Brings Licensed Content To Apple's App Store  —  In what may well stand as a defining moment in the maturation of Apple's App Store, Tapulous has announced that it has partnered with the band Nine Inch Nails to release a premium version of its popular game Tap Tap Revenge some time in October.
Discussion: Gizmodo
John Mahoney / Gizmodo:
Why Android Will Soon Kick Ass  —  When the T-Mobile G1 was shown off in NYC last week, it didn't have the gusto of a Stevenote.  There was no “boom!”—no “one more thing!”  And as a result, many (including us) felt a bit underwhelmed, and were quick to interpret the device's inconsistent GUI …
Discussion: Digg
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 and Digg
 
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 More Items: 
Dan Goodin / The Register:
Nasty web bug descends on world's most popular sites
Discussion: webmonkey and Jeremiah Grossman
PC Pro:
Council sells security hole on Ebay
Discussion: Slashdot
Michael Arrington / TechCrunch:
Ukrainian Startup MP3Count Springs Up To Sell Music For Pennies
Discussion: SitePoint Blogs
BIZ / Twitter Blog:
The Debate: A Twitter Play-by-Play
Discussion: Mashable!
Dan Fernandez / Channel 9:
Norman Guadagno: Announcing Visual Studio Team System 2010
Discussion: BetaNews and Bink.nu
Darryl K. Taft / eWeek:
Microsoft, Xerox Invest in Innovation
Discussion: Paul Mooney
Saul Hansell / Bits:
British Telecom Wants to Watch
Discussion: Search Engine Land
 Earlier Items: 
Alex Pham / L.A. Times Tech Blog:
Mattel says it will appeal Scrabulous ruling
Marshall Kirkpatrick / ReadWriteWeb:
AP: The Modern Newsroom Looks Like a Little RSS Reader
Robert Vamosi / Defense in Depth:
How ‘carders’ trade your stolen personal info
Google Mac Blog:
Introducing Top Draw
Discussion: MacUser, Cult of Mac and Lifehacker
Brad Burnham / Union Square Ventures:
Why The Flow Of Innovation Has Reversed
Discussion: Startup Chatter
 

 
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Keith J. Kelly / New York Post:
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