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8:20 AM ET, January 25, 2009

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Twitter Raising New Cash At $250 Million Valuation  —  Twitter, which just recently turned down a half billion dollar acquisition offer from Facebook (albeit to be paid mostly with Facebook stock), is dipping back into the venture capital market, we've heard from a source with knowledge of the deal.
Robert Darnton / New York Review of Books:
Google & the Future of Books  —  How can we navigate through the information landscape that is only beginning to come into view?  The question is more urgent than ever following the recent settlement between Google and the authors and publishers who were suing it for alleged breach of copyright.
Leslie Berlin / New York Times:
Cellphones as Credit Cards?  Americans Must Wait  —  A wave of a cellphone replaces the swipe of a credit card in a pilot program involving MasterCard PayPass, right.  At left, a phone is used to pay for items at a Tokyo candy stand.  Account information can be embedded in the phone.
Discussion: Phone Arena and textually.org
Robert Scoble / Scobleizer:
Facebook screws iFart author  —  You couldn't make this stuff up if you tried.  —  OK, I'm on the phone with Joel Comm right now.  He's been doing business online since 1995.  He's the co-creator of Yahoo Games.  He wrote the Adsense Code, which got onto New York Times best selling list.
Michael Arrington / TechCrunch:
Stories From The Tell-All MySpace Book  —  Wall Street Journal editor Julia Angwin's tell-all book about MySpace is set for official publication on March 17, 2009.  We've got our hands on a draft of the 268 page book.  Some of the more interesting stories are below (you can pre-order it here).
Discussion: All Facebook
Erick Schonfeld / TechCrunch:
Video: Steve Jobs Giving His First Big Demo  —  Twenty five years ago today, on January 24, 1984, Steve Jobs gave the first on-stage demonstration of the Macintosh computer to a packed auditorium.  The technology was much different then, but it was the same Steve Jobs: a masterful showman able …
RELATED:
Bobbie Johnson / Guardian:
30 seconds that changed the world: how Apple's Macintosh changed computer screens forever  —  Even by Apple's standards, the past few weeks have been turbulent.  The company delivered its final address, after 24 years, to the crowd at the annual Macworld conference, and then faced the news …
Dean Takahashi / VentureBeat:
Microsoft's Chris Early, head of Games for Windows Live, among the layoffs  —  The fallout from the layoffs announced by Microsoft on Thursday continues: Among the casualties is Chris Early, general manager of Games for Windows Live, the online gaming service for gamers who play on personal computers.
Daniel Jacobs / International Business Times:
Hacker wins court review  —  A British court ruled on Friday that a man who hacked into US military computers will be giving permission for a judicial review against his extradition to the United States.  —  Hacker Gary McKinnon, 42, who had been diagnosed recently with Asperger's syndrome …
Discussion: DailyTech and CNET News
Rich Karpinski / TELEPHONY Magazine:
Comcast's Congestion Catch-22  —  A deeper look at what Comcast is doing with the latest version of its congestion management system uncovers little ill intent, despite yet another FCC slam.  But a Pandora's Box of implications has been opened that in an increasingly IP-centric world may be hard to close up again.
Discussion: Slashdot
Dan Frommer / Silicon Alley Insider:
What A Nigerian Facebook Scam Looks Like  —  Facebook is arguably one of the safer corners of the Internet, with fairly complex security and privacy controls.  But when passwords get busted, even on Facebook, not everyone is whom they're pretending to be.  Like a Nigerian scammer …
Discussion: louisgray.com
Loïc Le Meur / Loic Le Meur Blog:
The New Twhirl (preview release) for Team Seesmic-Twhirl  —  We are as excited as you are about Twhirl and are happy to announce a new version today which we will be circulating as a preview to get your help and feedback.  We are gathering a “circle of friends” for Twhirl and Seesmic …
 
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 More Items: 
Justin Gardner / Donklephant:
Obama To Launch Recovery.gov
Discussion: Mashable!
Computerworld:
Microsoft may shutter Popfly Web mashup tool
Discussion: PC World
GamePolitics News:
Proposed Oklahoma Tax Break Excludes M-Rated Games
Discussion: Destructoid and Kotaku
Jeff Jedras / PC World:
IBM Confirms Layoffs
Discussion: Computerworld
Chris O'Brien / Mercury News:
Silicon Valley entrepreneurs still thinking big
John Resig:
OCR and Neural Nets in JavaScript
Discussion: Ajaxian
Michael Liedtke / Associated Press:
Others could follow Google's move to reset options
 Earlier Items: 
Digital Music News:
ASCAP Targets “Copy Left / Free Culture” Enemy...
Discussion: TeleRead
Devin Coldewey / CrunchGear:
YouTube officially enables HQ in embedded videos
Adrian Covert / Gizmodo:
Palm Pre: The Definitive FAQ
Discussion: IntoMobile and John Tokash