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4:15 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: WebGuild
Eric Krangel / Silicon Alley Insider:
Open Source Guru Richard Stallman: Cloud Computing “Worse Than Stupidity”
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.
Dan Frommer / Silicon Alley Insider:
Apple Plunges After Downgrades: Slowing Demand, Crappy Economy  —  Apple (AAPL) shares are down 14% to around $110 — their lowest since May, 2007 — after Morgan Stanley and RBC both downgraded the stock this morning.  Why?  Mostly slowing demand and lousy economic conditions.
Philip Elmer-DeWitt / Apple 2.0:
Why Apple shares took a nosedive
Discussion: Between the Lines and 9 to 5 Mac
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:
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.
ap.org:
More than 500 newspapers sign up for AP Member Marketplace  —  NEW YORK — More than 500 newspapers have now signed up for AP Member Marketplace, the Web-based service that allows AP Members to exchange stories, photos and graphics, The Associated Press announced today.
Discussion: ReadWriteWeb
RELATED:
David Kaplan / paidContent.org:   AP Signs Up 500 Papers For Online News Sharing Service
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 …
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.
Robert Vamosi / CNET News:
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 …
Peter Kafka / Silicon Alley Insider:
eMusic CEO David Pakman Out  —  This one's odd: A few weeks ago eMusic CEO David Pakman was meeting with us and talking up the chances of his company, which sells digital downloads via monthly subscription service.  Now he's out, headed for an unnamed but “premier” venture capital firm, according to an eMusic press release.
Discussion: CNET News and paidContent.org
Ina Fried / Beyond Binary:
Visual Studio 2010 to come with ‘black box’  —  Updated 9:56 a.m. PDT: Added screen shot and a link to Microsoft's Visual Studio 2010 page.  —  Airplanes are equipped with recorders that capture both cockpit audio and flight data, so in the event that something goes wrong, investigators can try to determine the source of the problem.
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 and Lost Remote
Scott Ferguson / eWeek:
ARM Taps into IBM's Processor Technology  —  ARM, along with Chartered Semiconductor and Samsung, will use IBM's processor technology to develop new types of chips based on both 32- and 28-nanometer manufacturing.  The plan calls for ARM, Chartered and Samsung to develop a system-on-a-chip designs that use IBM developed technology.
Discussion: Electronista
Matt Marshall / VentureBeat:
Stock market plunges badly as bailout stalls in House — Dow down 4.4%, Nasdaq down 6%  —  U.S. stocks have plunged badly over the last half-hour, as the bailout package began to hit a snag in the U.S. House of Representatives.  It looks like they've hit a nadir, and recouped some of the losses.
Discussion: TG Daily, CNNMoney.com and Gothamist
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 …
Joe Wilcox / Microsoft Watch:
The Great Windows-Mac Laptop War  —  Windows laptops only had about 80 percent unit share at online and brick-and-mortar retail stores in June and July, according to NPD.  But measured in dollars, market share was much lower: 65 percent.  The difference in both categories largely belonged to Mac laptops.
Discussion: MacRumors, TechBlog and Technology Live
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 Joystiq
Jeremy Pepper / POP! PR Jots:
Twitteriocy  —  Twitter idiocy.  Or Twitteriocy (I'm coining a term- run with it).  It's what we are beginning to see on Twitter, and it is an easy thing to combat.  Now, while Twitter right now is the hot thing for corporations, and we have begun seeing more and more and more companies getting accounts …
Kim Hart / Washington Post:
Google Goes to Washington, Gearing Up to Put Its Stamp on Government  —  The tall buildings in Reston bear the familiar names of big government contractors: Northrop Grumman, CACI, Raytheon and Accenture.  Last month another name appeared, but not one that's typically associated with the federal market.
Discussion: Search Engine Watch and WebProNews
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 …
Discussion: dailywireless.org and TechSpot
 
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 More Items: 
Google Mac Blog:
Introducing Top Draw
Discussion: MacUser and Lifehacker
Business Wire:
ON Networks® AllScreen™ Syndication Network Expands …
Discussion: TechCrunch, Beet.TV and NewTeeVee
EU Press Room:
Commission consults on how to put Europe into the lead of the transition to Web 3.0
Discussion: The Register and Open Gardens
Don Reisinger / TechCrunch:
Analyst: Google Maps Reigns Supreme
Discussion: CNET News
Erick Schonfeld / TechCrunch:
VCs (And Startups) Won't Be Immune To The Credit Crunch
Discussion: Guardian and GigaOM
Nokia:
Nokia renews its business mobility solutions offering and strategy
Discussion: All About Symbian
OPEN Forum:
Think Local, Act Conversational - It Just Might Save Your Business
Discussion: Screenwerk
 Earlier Items: 
Ryan Lawler / Contentinople:
CDN Consolidation Poised to Begin
Discussion: Data Center Knowledge
Mike Butcher / TechCrunch UK:
DropSend sold - but how easy is it to flip a web app these days?
Discussion: paidContent
Om Malik / Business Week:
Can Browser Plug-Ins Be a Business?
 

 
From Mediagazer:

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

Jennifer Schuessler / New York Times:
PEN America cancels its 2024 literary awards ceremony, set for April 29, after months of protests over the organization's response to the war in Gaza

 
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