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1:30 PM ET, May 26, 2009

Techmeme

 Top Items: 
Peter Kafka / MediaMemo:
Da!  Facebook Takes $200 Million From Russian Investors At $10 Billion Valuation  —  Facebook is indeed taking money from Russian investors Digital Sky Technologies.  As previously reported, the social network is selling $200 million of preferred stock at a $10 billion valuation …
RELATED:
Jeremy Horwitz / iLounge:
iPod nano 5G, Next-Gen iPhone Design Changes Revealed?  —  You know that we don't run future iPod stories without having a lot of faith in the information.  Thus far, our source has a perfect track record for accuracy.  Based on the information we've received, this is what the fifth-generation iPod nano …
Mike / Nokia Conversations:
Ovi Store goes live  —  GLOBAL - Today is one of those monolithic milestones for Nokia and the advancement of mobiles, as Ovi Store has officially gone live.  It's a moment that many believe (including all of us here on Conversations) is set to spark a rapid evolution in the way we all use …
RELATED:
Robin Wauters / TechCrunch:
Nokia Ovi Store Launch Is A Complete Disaster  —  This was supposed to be a glorious day for mobile phone giant Nokia.  The Finnish company got out-innovated by Apple a couple of years ago with the introduction and subsequent success of the iPhone and the iTunes App Store …
Biz / Twitter Blog:
Twitter Goes Hollywood?  —  The web is abuzz today with talk of a “Twitter TV show.”  I'm even getting folks asking me if they can audition.  Indeed, there are a lot of interesting developments happening in the television space—MTV, G4, CNN, E! and various independent production companies …
RELATED:
MG Siegler / TechCrunch:
Twitter May Not “Transform Television,” But Its Jump Is Interesting
The Mac Observer:
Psystar Files Bankruptcy, Stalls Apple's Case  —  Unauthorized Mac clone maker Psystar has filed for Chapter 11 bankruptcy protection in Florida, temporarily slowing down Apple's legal case against it.  The filing may be an indication that the company's financial backers have pulled out …
Aoife White / Associated Press:
EU pushes music industry to open up online rights  —  BRUSSELS -  —  EU antitrust regulators told the music industry Tuesday to move quickly and change licenses that currently restrict online music stores such as iTunes from offering the same songs for sale across Europe.
RELATED:
Matthew Newman / Bloomberg:
Apple May Start Selling Music Across EU on iTunes
Discussion: iLounge and Edible Apple
Robin Wauters / TechCrunch:
OpenX Keeps On Growing, Raises $10 Million More  —  We've talked about online ad server OpenX quite a bit in the past, and for good reason.  The company, formerly known as Openads, is led by former AOL CEO Jonathan Miller (Chairman) and ex-Yahoo exec Tim Cadogan (CEO) and has in the past shown it's serious …
RELATED:
Paul Bonanos / GigaOM:
OpenX Aims to Hold Off Google, Takes $10.4M Third Round
Monica Chen / DigiTimes:
Microsoft and Intel looking to limit netbook sizes to 10.2-inch for Windows 7  —  Microsoft and Intel have reached a consensus to decrease the upper screen-size limit for netbook PCs equipped with Windows 7 from 12.1 inches to 10.2 inches, according to sources at Taiwan-based ODM notebook makers …
Tom Yager US / Computerworld:
iPhone 3.0 betaphiles upset the Apple cart  —  Tom Yager asseses version 3.0 of the iPhone OS  —  At least I have an excuse.  Running pre-release operating systems and firmware in production settings is part of my job description.  I accept that “beta” items are exempt from expectations …
Discussion: Softpedia News
Katie Hafner / New York Times:
Texting May Be Taking a Toll  —  They do it late at night when their parents are asleep.  They do it in restaurants and while crossing busy streets.  They do it in the classroom with their hands behind their back.  They do it so much their thumbs hurt.  —  Spurred by the unlimited texting …
Adam Lashinsky / Fortune:
Palm fights back (against Apple)  —  The beleaguered handset maker says its new smartphone, the Pre, is an iPhone killer.  Apple isn't laughing.  —  (Fortune Magazine) — Not much rattles Apple.  Disciplined and focused, the company lavishes attention on its own elegant products and rarely deigns to discuss rivals.
Kara Swisher / BoomTown:
People Networks President Joanna Shields Leaving AOL (With Full Memo)  —  According to an internal memo obtained by BoomTown, Joanna Shields, who came to AOL via its troubled acquisition of the Bebo social networking site, will be returning to London to spend more time with her family, including her husband, whom she recently married.
Discussion: paidContent
Mark Wilson / Gizmodo:
Why I Won't Be Syncing Facebook with My Palm Pre  —  I'm looking forward to finally get my hands on the Palm Pre.  But according to the PreCentral forums, the way it handles contacts may make the platform unusable.  —  Just like on the Android-wielding G1, if you sync your Pre to your Gmail account …
Discussion: Palm WebOS and PreCentral.net
Stan Schroeder / Mashable!:
Twollars: An Innovative Approach to Fundraising on Twitter  —  Twollars is a really interesting service; both because it has a genius idea behind it, but also because it raises some questions about the economy of micropayments through microblogging in general.
Discussion: Softpedia News
Adrian Kingsley-Hughes / Hardware 2.0:
Windows Vista SP2 ready for download (and Windows Server 2008)  —  Have you been waiting patiently for Vista Service Pack 2 to be available?  Your wait is over!  —  Here are the downloads - Windows Vista and Windows Server 2008:  — Windows Server 2008 Service Pack 2 and Windows Vista Service Pack 2 …
Ellen Nakashima / Washington Post:
Obama Set to Create A Cybersecurity Czar With Broad Mandate  —  Shielding Public, Private Networks Is Goal  —  President Obama is expected to announce late this week that he will create a “cyber czar,” a senior White House official who will have broad authority to develop strategy to protect …
Gene Marks / Business Week:
Beware Social Media Marketing Myths  —  MySpace, Twitter, and Facebook are all the rage, but for most business owners there are better ways to stay close to customers  —  Comedian Jim Gaffigan has a suggestion for preparing a Hot Pockets frozen entrée: “Take out of package.  Place directly in toilet.”
Jeffrey M. O'Brien / Fortune:
Amazon's next revolution  —  CEO Jeff Bezos used the web to shake up book retailing.  Now he's using the Internet to sell electronic books on his Kindle e-reader.  A look at Amazon's latest effort to transform the book business, writ digital.  —  (Fortune Magazine) …
Harry McCracken / Technologizer:
How Long Did It Take for the World to Identify Google as an AltaVista Killer?  —  Earlier this week, I mused about the fact that folks keep identifying new Web services as Google killers, and keep being dead wrong.  Which got me to wondering: How quickly did the world realize that Google …
Discussion: Beyond Search
Brandon LeBlanc / The Windows Blog:
Clarification on the Date for Bi-hourly Shutdowns for the Windows 7 Beta  —  Over the weekend, some of you may have received an email from us reminding you that the Windows 7 Beta expires on August 1st, 2009.  In that email, we ask that if you are still on the Windows 7 Beta …
Discussion: BetaNews, AppScout and WinBeta
Sarah Lacy / TechCrunch:
When 1.3 Billion People Are Too Many  —  There's one big Web 2.0 question we'll never know the answer to: Could YouTube have survived on its own?  —  There are a handful of industry-changing Web 2.0 names including MySpace, Facebook, YouTube, Twitter, and LinkedIn.
 
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 More Items: 
Staci D. Kramer / paidContent.org:
Interview: Google's David Eun: 'We're Monetizing More Than Anyone Else Is Making'
Discussion: NewTeeVee
Michael Lynton / The Huffington Post:
Guardrails for the Internet: Preserving Creativity Online
Discussion: DSLreports and open
Financial Times:
Newspapers' future  —  With each month, newspapers look less …
Discussion: BuzzMachine and MediaFile
Mikael Ricknäs / Network World:
Practical speeds to make mobile bandwidth claims clearer
Discussion: GigaOM
zunescene.com:
Zune Upgrade Plan Coming June 2009
Discussion: Gizmodo and SlashGear
Michael Learmonth / AdAge:
The CBS-CNet Integration, One Year Later
Heather Timmons / New York Times:
Phone Carriers Take a Step to a Merger
Discussion: TechSpot and VoIP Watch
Monica Chen / DigiTimes:
Intel delays debut of Core i5 platform until early September
Discussion: The Tech Report and Maximum PC all
 Earlier Items: 
Daniel Robinson / iTnews Australia:
Intel releases multi-core developer tools
Om Malik / GigaOM:
On the Web, Growth Costs Real Money
GamesIndustry.biz:
Epic founder expects photo realism in 10-15 years
SmoothSpan Blog:
10 Things You Don't Need to Do In the Clouds
Discussion: Between the Lines, Thanks:atul
Jason Kincaid / TechCrunch:
The App Store Hype Gets A Dose Of Reality
Paul Boutin / VentureBeat:
Video parodies Microsoft's vision of the future
Discussion: CloudAve
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Authentic Brands licenses Sports Illustrated's publishing rights to The Players' Tribune owner Minute Media for 10 years, with plans to keep the print edition

Charlotte Tobitt / Press Gazette:
Ofcom rules that five GB News programs presented by Conservative politicians have broken its due impartiality rules and puts the channel “on notice”

Todd Spangler / Variety:
YouTuber MrBeast announces a deal with Prime Video for Beast Games, a reality-competition show with 1,000 contestants, promising the winner a $5M cash prize

 
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