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3:45 PM ET, May 17, 2009

Techmeme

 Top Items: 
Matt Marshall / VentureBeat:
Facebook raises $150 million more to cash out employees  —  Facebook has almost finished raising $150 million in capital, in an extraordinary move by the company to buy out shares of hundreds of regular employees.  —  Hundreds of the Palo Alto, Calif.'s employees have now toiled at the company …
Kos / Daily Kos:
Clinging to a dead biz model for dear life  —  For two lawyers who supposedly specialize in media and First Amendment law, these guys were so full of stupid I'm embarrassed for them.  You see, they have just the legislative solutions to the newspaper industry's ills!
Thanks:atul
RELATED:
Jeff Jarvis / BuzzMachine:
First, stop the lawyers  —  There's some dangerously wrong-headed lobbying from media lawyers in today's Washington Post arguing for new laws to protect old media from new technology.  Bruce Sanford and Bruce Brown of Baker Hostetler argue that Congress should:
Discussion: Daggle and Techgeist
Erick Schonfeld / TechCrunch:
Jump Into The Stream  —  Once again, the Internet is shifting before our eyes.  Information is increasingly being distributed and presented in real-time streams instead of dedicated Web pages.  The shift is palpable, even if it is only in its early stages.  Web companies large and small are embracing this stream.
Discussion: Opinionated, Thanks:bobcaswell
RELATED:
John Borthwick / Silicon Alley Insider:
The Rise Of Social Distribution Networks
Thanks:atul
Steven A. Ballmer / New York Times:
Meetings, Version 2.0, at Microsoft  —  This interview of Steven A. Ballmer, the chief executive of Microsoft, was conducted and condensed by Adam Bryant.  —  Q. Are there areas you want to improve as a leader?  —  A. I race too much.  My brain races too much, so even if I've listened …
Jim / craigslist blog:
Target Practice  —  South Carolina Attorney General Henry McMaster today announced that our recent improvements, which go far beyond measures he himself personally endorsed with his own signature six months ago, not only aren't good enough, but actually require a criminal investigation:
Discussion: Pulse2
RELATED:
JKK / jkkmobile:
Asus Eee T91 dissected  —  Lets see...  SSD is 50mm so we should be able to use 3rd party SSDs for Dell mini 9.  —  Right from GPS board is place for SIM card reader.. so if you swap GPS card with 3G + GPS and solder the SIM slot you get internal 3G pretty easily.
Negatendo.Net:
Wolfram|Alpha and Screen Scraping  —  Perhaps the oddest thing about Wolfram|Alpha is that the text that appears in query results is not text at all, but is in fact made up of dynamically generated GIFs:  —  The Wolfram|Alpha FAQ claims: … Of course, a sentiment like that would make any web designer jump off a bridge.
PC World:
Intel Could Face Civil Charges in Europe  —  Siobhan Chapman, Computerworld UK  —  Intel's record $1.44 million fine for breaching competition laws will open the floodgates for civil actions, a competition lawyer has said.  —  The European Commission issued its biggest ever competition fine to Intel …
Discussion: Pulse2 and CNET News
Jason Kincaid / TechCrunch:
The Music Store Apple Forgot About  —  Last January Apple released iLife '09, the latest addition to its highly regarded multimedia suite that ships with every new Mac.  At the time, much of the media attention went to iPhoto and iMovie, which introduced impressive facial recognition and video stabilization respectively.
Discussion: digg.com
Michael Masnick / Techdirt:
New Danger Mouse CD Released As A Blank CD-R Due To Legal Fight With EMI  —  If you follow copyright issues, you're no doubt aware of Danger Mouse.  He's the DJ who got quite a lot of attention a few years back for creating one of the very first mainstream mashups — mixing the Beatle's …
Discussion: Gizmodo, BBC, 9 to 5 Mac, Boing Boing and NPR
Meg / meish dot org:
Game Web 2.Over?  —  This collage of web 2.0 logos should be pretty familiar to many people by now.  It's been knocking about for a few years, ever since the whole Web 2.0 Koolaid (what's the British equivalent?  Ribena?) started flowing.  —  During that time, I've seen it printed …
 
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 More Items: 
New York Times:
Geffen Is Seen as Still Eager for Times Stake
Kevin Kelleher / GigaOM:
Tech IPOs Are Back — But Only for Those That Don't Need Cash
Thanks:atul
Peter Kafka / MediaMemo:
Why Online Video Ads Still Don't Work
Leena Rao / TechCrunch:
Not A Typo: Six Apart Opens Up Suite Of Products For Rival WordPress
Discussion: Network Solutions and ReadWriteWeb, Thanks:atul
Janko Roettgers / NewTeeVee:
Vuze Looks For Money In Porn
 Earlier Items: 
Randall Stross / New York Times:
Just Browsing? A Web Store May Follow You Out the Door
Sarah Lacy / TechCrunch:
Is Sequoia China in Trouble?
Thanks:atul
Nicholas Kolakowski / eWeek:
Google Outage Shows the Cloud May Not Be Enterprise-Ready
Discussion: HighTouch
Robin Wauters / TechCrunch:
This Is Getting Ridiculous: Cat Amasses Half A Million Twitter Followers In 3 Months