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2:30 PM ET, May 17, 2009


 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 …
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
John Borthwick / Silicon Alley Insider:
The Rise Of Social Distribution Networks
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 …
Discussion: Silicon Alley Insider and Memex 1.1, Thanks:atul
Jon Skillings / CNET News:
So.  Carolina eyes ‘criminal investigation’ of Craigslist  —  The attorney general of South Carolina is ready to launch a criminal investigation of Craigslist in connection with erotic ads appearing on the classified ads Web site.  —  Attorney General Henry McMaster had given Craigslist …
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:
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.
Discussion: bytes|genes, Screenwerk and SitePoint
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.
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: Techgeist
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 …
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 …
New York Times:
Geffen Is Seen as Still Eager for Times Stake  —  Despite falling short in two recent attempts to become a major player in The New York Times Company, David Geffen continues to be seriously interested in buying a sizable piece of the company or taking it over completely …
Leena Rao / TechCrunch:
Not A Typo: Six Apart Opens Up Suite Of Products For Rival WordPress  —  Anil Dash, chief evangelist for blogging software platform Six Apart, announced today that blogging platform has launched a a plugin that provides WordPress users with access to a suite of Six Apart's add-on features for blogs.
Discussion: Network Solutions and ReadWriteWeb, Thanks:atul
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 More Items: 
Kevin Kelleher / GigaOM:
Tech IPOs Are Back — But Only for Those That Don't Need Cash
Peter Kafka / MediaMemo:
Why Online Video Ads Still Don't Work
Janko Roettgers / NewTeeVee:
Vuze Looks For Money In Porn
Randall Stross / New York Times:
Just Browsing? A Web Store May Follow You Out the Door
Sarah Lacy / TechCrunch:
Is Sequoia China in Trouble?
 Earlier Items: 
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
Michael Arrington / TechCrunch:
Longer Queries Driving Down Ad Impressions?  How About Bankrupt Advertisers?
Andrew Warner /
PR Lies Destroy Your Understanding of How Business Really Works.
Discussion: CenterNetworks