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12:15 PM ET, October 9, 2008

Techmeme

 Top Items: 
Om Malik / GigaOM:
Sequoia Rings the Alarm Bell: Silicon Valley Is in Trouble  —  Updated: Sequoia Capital, arguably the smartest venture capital investor in business, is sounding the alarm and asking its portfolio companies to buckle down for what could be the worst economic downturn of their relatively short lives.
RELATED:
Michael Arrington / TechCrunch:
Angel Investor Ron Conway Emails His Portfolio Companies Over Financial Meltdown  —  Ron Conway, one of Silicon Valley's most prolific angel investors (and he was also an early investor in Google), wrote an email yesterday to the CEOs of his portfolio companies.
Fred / A VC:
Capital Efficiency Finds Its Moment  —  My partner Albert calculated early last year that it takes about 1/10th the hardware, software, bandwidth, storage, and other expenses to build a web service compared to what it took in the 99/2000 time period.  That was just as services like Amazon Web Services …
Peter Kafka / Silicon Alley Insider:
Sorry, Startups: Party's Over  —  Even the most blissed-out startup entrepreneur has got to have a sense of what's happened to the economy in the past few days — and what that's going to mean for their business.  —  But just in case they're not getting the picture, some of Silicon Valley's …
Discussion: CloudAve
Sarah Lacy / Business Week:
What Will the Crisis Mean for Venture Capital?
Discussion: JasonKolb.com and Marketing.fm
Duncan Riley / The Inquisitr:
EXCLUSIVE: Apple to launch $800 laptop  —  Some Apple retailers in the United States have been given price lists for a new Apple laptop line, and there's a big surprise: an $800 laptop.  The information comes from a source we would categorize as reliable, would have access to such information, and who has been accurate in the past.
RELATED:
Arn / MacRumors:
More ‘Brick’ MacBook Case Images?  —  An Apple.Pro blog has posted three small images of what appear to be a new MacBook case.  The casing resembles the MacBook Pro case image leaked earlier today, but clearly represents a smaller screened laptop.  Absent are the speaker grills of the earlier image.
Kasper Jade / AppleInsider:
Sources: latest MacBook Pro photo is the real deal
Discussion: The UberReview
Brian X. Chen / Wired Science:
Google's Super Satellite Captures First Image  —  This bird's-eye view of Kutztown University in Pennsylvania was the first image ever seen by the GeoEye-1, the world's highest-resolution commercial satellite sponsored by Google, when it opened its camera door earlier this week.
RELATED:
GeoEye MediaRoom:
GeoEye Releases First Image Collected by Its New GeoEye-1 Earth-Imaging Satellite
Discussion: The Register
Yi-Wyn Yen / Fortune:
Losing faith in Yahoo (again)  —  An expected slowdown in online display advertising next year spells trouble for the struggling Internet company.  —  SAN FRANCISCO (Fortune) — No tech company that relies on web-based advertising is immune to the global credit crisis, but few are as exposed to the economic meltdown as Yahoo.
RELATED:
Pia Sarkar / TheStreet.com:
Yahoo! Shares Plunge to Five-Year Low
Discussion: Epicenter and Industry Standard
Caroline McCarthy / The Social:
Digg's Kevin Rose: We've got to be more than a fanboy hub  —  LONDON—Digg founder Kevin Rose had a message for the audience at the Future of Web Apps conference on Thursday: It's time to grow up.  —  “We have to do better,” he said in his talk, called “The Future of News,” …
Discussion: Computerworld Blogs
RELATED:
Peter Kafka / Silicon Alley Insider:
Digg's Kevin Rose: We Need To Move Beyond Geeks, Microsoft Ads
Discussion: The Social and CNET News
David / TmoNews:
“Behold” the Samsung T919  —  We first got wind of this phone back in mid-August and it certainly has a lot of expectation as the first ALL-touch screen phone for T-mobile.  Dubbed the “Behold” we're still waiting on a detailed list of specs, but we know a 5mp camera, Honestly, where do they come up with these names lately?!
RELATED:
Marc Flores / Boy Genius Report:
Samsung T919 for T-Mobile launching soon
Discussion: IntoMobile and Electronista
Monica Chen / DigiTimes:
Asustek planing touch panel Eee PCs  —  Asustek Computer is planning to launch touch panel Eee PCs in the first quarter of 2009, which the company expects will help drive sales further, according to Samson Hu, general manager of Eee PC business at Asustek.  —  The company has not yet decided details …
Amazon Web Services Blog:
Amazon S3 - Busier Than Ever  —  Amazon S3 usage has grown very nicely in the last quarter and now stands at 29 billion objects, up from 22 billion just a quarter ago.  As one of the S3 engineers told me last week, that's over 4 objects for every person now on Earth!  —  Our customers are keeping S3 pretty busy too.
Larry Dignan / Between the Lines:
IBM: Beats earnings target but...  IBM said that it will beat Wall Street's earnings estimates for the third quarter, but there were enough nuggets disclosed to raise a few eyebrows.  —  First, the headlines.  IBM (statement) said it would report earnings of $2.05 a share, a good 3 cents better than estimates.
RELATED:
Matt Cutts / Gadgets, Google, and SEO:
YouTube adds “Read Comment Aloud” feature from xkcd  —  A couple weeks ago, xkcd ran this funny comic:  —  Randall Monroe, the creator of xkcd, suggested that if YouTube commenters had to listen to their comments read back to them aloud, it might lead to better discussion on YouTube.
Discussion: Yodel Anecdotal and RotorBlog.com
RELATED:
Mary Jo Foley / All about Microsoft:
No surprise: Microsoft to fine-tune UAC in Windows 7  —  In the latest post on Microsoft's “Engineering Windows 7″ blog, Microsoft officials acknowledge what everyone's been assuming: Microsoft is going to fine-tune the User Account Control (UAC) feature with Windows 7.
Discussion: Teching It Easy and WinBeta
RELATED:
Engineering Windows 7:
User Account Control
Slobodan Simic / Fudzilla:
MSI's new Wind U120 pixellized  —  Exclusive: In all its glory  —  We've managed to get our hands on some pictures of MSI's upcoming Wind U120 netbook, or as some like to call it, the Wind 2.  Still featuring a 10-inch screen, the new U120 will also be less “cute” than the previous generation as it is oriented at business users.
Discussion: Liliputing, CrunchGear and Engadget
 
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 More Items: 
Brooke Crothers / CNET News:
Eying solid-state drives, Seagate tries to quell fears
Discussion: DailyTech
Saul Hansell / Bits:
Why Netflix May Be an Online Video Leader
Mobile-review.com Âñå …:
Review of GSM/UMTS-smartphone Nokia 5800 XpressMusic (Tube)
Discussion: IntoMobile and Engadget Mobile
John Leyden / The Register:
Cisco ships Mexican drug runner music on VPN CD
Discussion: dave.fumberger.com
 Earlier Items: 
Michael Krigsman / IT Project Failures:
London Stock Exchange website reports incorrect prices
Agence France Presse:
Web traffic jam as people search for financial news
Discussion: Maximum PC all
Owen Thomas / Valleywag:
eBay founder factchecks John McCain
Discussion: Pulse 2.0 and Contentinople