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8:20 PM ET, January 7, 2009

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Investment Group Makes Run For Yahoo, Using Microsoft's Money  —  Interest in troubled Internet giant Yahoo has not waned, it just took a break for the holidays.  A group of well known Silicon Valley executives and top investment bankers are putting together a Yahoo takeover deal …
RELATED:
Henry Blodget / Silicon Alley Insider:
Yahoo Shareholder Ridicules Microsoft-Financed Buyout Plan (YHOO)  —  TechCrunch's Michael Arrington says a bunch of Valley folks are looking to borrow $20 billion from Microsoft to buy Yahoo for about $15 a share.  * Yahoo's search business would be sold to Microsoft, Yahoo's management would get canned, etc.
New York Times:
Satyam Chief Admits Huge Fraud  —  NEW DELHI — Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, significantly inflated its earnings and assets for years, the chairman and co-founder said Wednesday …
Discussion: Bloomberg and Wall Street Journal
RELATED:
Larry Dignan / Between the Lines:
Satyam fallout: Should customers stick?  Full text of chairman's stunning letter  —  Indian outsourcing company Satyam has cooked books, a $1 billion cash sink hole and its chairman and founder B Ramalinga Raju has fabricated figures.  Meanwhile, Merrill Lynch has bailed on being an adviser …
Discussion: AnshuBlog and Irregular Enterprise
Renai LeMay / CNET News:
Windows 7 beta: First impressions  —  Windows 7 could be one of Microsoft's greatest operating systems, if it fulfills the promise shown by the unofficial beta version (build 7000) we have been testing for the past couple of days.  —  Let me preface these quick impressions of Redmond's latest opus …
RELATED:
Emil Protalinski / One Microsoft Way:
Windows 7 build 7000 64-bit version hits torrent sites
Discussion: All about Microsoft
Zach Epstein / Boy Genius Report:
Microsoft may begin offering Windows 7 upgrades as early as July
PC World:
LG Display on Verge of Launching 15-Inch OLED  — LG Display is on the verge of beginning commercial production of a 15-inch OLED (organic light emitting diode) panel that's suitable for use in televisions and laptop computers, the company said Wednesday.  —  The screen, which is being shown …
RELATED:
RELATED:
Eric Savitz / Tech Trader Daily:
CES: Panasonic Makes The Case For 3D Televisions
Discussion: VentureBeat and Gizmodo
One Laptop per Child:
Refocusing on our mission  —  It pains me to post this, and we have striven to avoid this over the past few months, but it is unavoidable.  We are streamlining our operations this month, cutting staff by roughly 50% and laying out broad targets for the coming year.  Here is Nicholas's announcement on the upcoming changes:
Discussion: PC World and CNET News
RELATED:
Ryan Paul / Ars Technica:
OLPC downsizes half of its staff, cuts Sugar development
Discussion: OStatic blogs
Elinor Mills / CNET News:
Yelp user faces lawsuit over negative review  —  San Franciscan Christopher Norberg went to a chiropractor after being injured in a car accident in 2006.  After a disagreement with the chiropractor over billing, he posted a negative review of the business on Yelp suggesting that the doctor was dishonest.
Patrick Thibodeau / Computerworld:
Stimulus math: $30B in spending equals 950k tech jobs  —  ‘Shovel-ready’ projects would likely get first dibs  —  For every $1 billion that the federal government spends on tech as part of a stimulus package, it will create or retain approximately 31,000 jobs, according …
Discussion: The Register and CNET News
RELATED:
Roy Mark / eWeek:
Telcos to Lose in Broadband Slowdown
Discussion: WebProNews
Adam Lashinsky / Fortune:
Google news  —  (Fortune Magazine) — You'd think the executives at Google would be chortling over the latest headlines involving newspapers: The Christian Science Monitor eliminates its print edition; Tribune Co. declares bankruptcy; Detroit's two dailies slash home delivery to three days a week.
Mark Zuckerberg / Facebook Blog:
A Great Start to 2009  —  Today, we reached another milestone: 150 million people around the world are now actively using Facebook and almost half of them are using Facebook every day.  This includes people in every continent—even Antarctica.  If Facebook were a country …
Philip Elmer-DeWitt / Apple 2.0:
Pogue rocks Macworld with “Where is Steve?”  —  David Pogue, New York Times tech columnist, creator of the Missing Manual series, and frustrated Broadway producer, led his Macworld Live! feature presentation in San Francisco Wednesday with a musical riff on Steve Jobs' non-attendance.
Discussion: AppleInsider and TUAW
Danny Sullivan / Search Engine Land:
Bush: Fix Your “Miserable Failure” Googlebomb Legacy Before Obama Takes Office  —  Few realize that outgoing US president George W. Bush has left behind a unique legacy for future presidents, including Barack Obama — that they are all condemned to rank tops for a search on “miserable failure” in major search engines.
Glenn Fleishman / Ars Technica:
AT&T moves closer to offering in-home cell base stations  —  AT&T is contacting some of its customers asking if they'd like to test an in-home extension to its cellular networks powered by a subscriber's own broadband—a femtocell.  Femtocells use frequencies licensed by the carrier for data and voice …
Discussion: greg hughes
Michael Liedtke / Associated Press:
Google cuts temporary workers but murky on details  —  SAN FRANCISCO (AP) — Google Inc. has jettisoned a substantial number of temporary workers in a recent austerity drive spurred by the recession, although the Internet search leader still intends to spend billions of dollars during the next …
Discussion: Search Engine Land and VentureBeat
Maya Baratz / VentureBeat:
Who did Apple hurt with its Macworld announcements?  —  In yesterday's keynote address at Macworld, Apple unveiled a series of software product upgrade that will potentially encroach on the territory of a handful of startups and larger companies.  Should you be worried?  —  What iPhoto might maim
Discussion: Epicenter and The Open Road
Gareth Beavis / TechRadar.com:
Asus planning Eee phone... with Android?  —  CES 2009: CEO commends Apple's iPhone too  —  Johnny Shih, CEO of Asus, has announced that the company is looking at an Eee-branded phone... and that it may run Android as well.  —  Speaking to TechRadar at Asus' keynote speech at CES 2009 …
IEBlog:
IE8 Blocker Toolkit Available Today!  —  We believe IE8 helps make browsing the web faster, easier, safer and more reliable.  To help our users be more secure and up-to-date, we will distribute IE8 via Automatic Update (AU) and the Windows Update (WU) and Microsoft Update (MU) sites much like we did for IE7.
Dean Takahashi / VentureBeat:
CES: Toshiba to launch TVs with Cell microprocessor  —  In a bid to move to the high-end of high-definition TVs, Toshiba will introduce a new series of TVs in 2009 that feature the Cell microprocessor developed by Sony, Toshiba and IBM.  —  The Cell has a bunch of processors on a single chip …
Kevin C. Tofel / jkOnTheRun:
Netgear's MBR624GU 3G Router  —  The Netgear press event just finished up and among the new products is the MBR624GU router.  Using a USB dock, you can plug your existing 3G USB adapter in the backside of this puppy and share your wireless broadband connection.
Dan Goodin / The Register:
EU raids smart card chipmakers  —  (More) suspicions of price fixing  —  At least four makers of microchips have confirmed they were raided by European Commission investigators seeking information of collusion in the market for chips used in smart cards.  —  STMicroelectronics …
Discussion: EU Press Room
Stacey Higginbotham / GigaOM:
Cisco Details Consumer Push and Products  —  At a press conference at CES today, Cisco's CEO John Chambers talked about the router maker's push beyond routers and into the home.  As Om has said before, this is a well-worn path trod by Cisco in its need to continue its growth …
Discussion: NewTeeVee and Cisco
BBC:
Apple spoils iPhone forgery plans  —  Consumers are being warned to be on the lookout for fake iPhone Nanos, despite the real thing not even being released.  —  It was rumoured that Apple might be announcing a new, smaller iPhone at this year's Macworld conference.
Larry Dignan / Between the Lines:
EMC cuts 2,400 jobs  —  EMC said Wednesday that it will lay off 2,400 workers, or 7 percent of its workforce, as an effort to cut $350 million in costs in 2009 and $500 million in 2010.  —  The company also added in a statement that its fourth quarter revenue will be $4 billion, up 4 percent from a year ago.
Claire Cain Miller / Bits:
Losses for Venture Fund Investors Who Want Out  —  Investors in venture capital and private equity funds who want out are discovering that their stakes are worth less than they paid for them.  —  As returns on venture capital investments sour and investors' wealth deteriorates …
Discussion: Furrier.org
PC World:
Samsung Enters Pico-Projector Market  — The growing pico-projector market is getting a jolt here at the Consumer Electronics Show, with announcements from a range of vendors.  The latest company to enter the market is Samsung Mobile, announcing the MBP200 Pico Projector.
Discussion: Gizmodo, Gearlog, Obsessable and Engadget
Jenna Wortham / Bits:
Will iTunes Changes Hurt Competing Music Sellers?  —  Apple's announcement on Tuesday that it would drop anticopying measures from all of the music in its iTunes store is likely to shake up the digital music business in more ways than one.  —  Amazon's MP3 store, along with smaller-scale operations …
Ricky Cadden / MobileBurn.com:
Nokia N810 WiMAX Edition discontinued  —  News by Ricky Cadden on Wednesday January 07, 2009.  —  Our sources have informed us that Nokia has discontinued its N810 Internet Tablet WiMAX Edition, effective immediately.  Distributors have apparently been asked to send any remaining stock back to Nokia.
Sun Microsystems:
Sun Microsystems Expands Cloud Computing Offerings with Acquisition of Q-layer  —  Q-layer Technology Simplifies Cloud Computing Development and Deployment  —  Sun Microsystems, Inc. (NASDAQ: JAVA) today announced it has acquired Q-layer, a cloud computing company that automates the deployment …
 
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 Techmeme Sponsor Posts: 
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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: 
Leslie Cauley / USA Today:
TV converter coupon program's out of cash; wait list started
Discussion: Tech Beat and CNET News
Dan Frommer / Silicon Alley Insider:
Seven Post-Macworld Questions For Apple (AAPL)
Mike Butcher / TechCrunch UK:
Facebook's ad page was not hacked, it's a suggestion from a user
Discussion: All Facebook
John Mahoney / Gizmodo:
Samsung P3 PMP's Widgets Vibrate When You Touch Them
Discussion: Electronista and Engadget
Caroline McCarthy / The Social:
Current Media: Nope, we're not closing an office
Bloomberg:
Time Warner to Report Loss After $25 Billion Charge
Discussion: Yahoo! Finance
Eric Savitz / Tech Trader Daily:
CES: Audivox Advises Cable Users To Buy An Antenna; Plus …
Discussion: Associated Press
 Earlier Items: 
Joseph Tartakoff / Seattle Post-Intelligencer:
Microsoft forgoes South Lake Union lease
Discussion: TechFlash and The Microsoft Blog
Simon Sage / IntoMobile:
LG Announces Watch Phone
Discussion: Engadget, greg hughes and Gearlog
Erick Schonfeld / TechCrunch:
Power.com And Facebook Are Friends Again (Almost)
Constantinos Michael / Google Mobile Blog:
Getting directions to businesses now easier on Google Maps for mobile
 

 
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Craig Timberg / Washington Post:
Post names Frederick J. Ryan Jr. as new publisher

Michael Calderone / The Huffington Post:
Bloomberg Politics Hires Slate's Dave Weigel As New Venture Prepares For Launch

The Wire:
ISIL Has Reportedly Beheaded Journalist Steven Sotloff

 
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