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10:50 AM ET, May 20, 2007

Techmeme

 Top Items: 
Iain Dey / Telegraph:
Yahoo may net Bebo owners $1bn  —  Yahoo is rumoured to be working on an attempted takeover of Bebo, Britain's most popular social networking site, which could turn its British-born founder into the next internet billionaire.  —  Michael Birch founded the site with his American wife, Xochi, in 2005.
RELATED:
Michael Arrington / TechCrunch:
Yahoo's Rumored $1 billion Talks With Bebo  —  Update: Recent Comscore traffic data for Bebo, MySpace and Facebook is here.  —  Rumors about social networking site Bebo being for sale come up every few months.  First it was British Telecom for $550 million in July 2006 (we started that one) …
Pete Cashmore / Mashable!:
Yahoo In Talks To Buy Bebo for $1 Billion (Rumor)  —  A huge rumor is floating around the UK this weekend, topped off with articles in the British Sunday papers: Yahoo is said to be in talks with Bebo about a $1 billion acquisition.  —  The site, launched in 2005, has been the source …
Margaret Webb Pressler / Washington Post:
For Texting Teens, an OMG Moment When the Phone Bill Arrives  —  Sofia Rubenstein, 17, got in trouble the way a lot of teens do these days.  —  Her incessant text-messaging racked up a huge phone bill on the family's wireless plan.  —  "It's whatever pops into my head.  There's no stopping it," she said.
Joe Garofoli / San Francisco Chronicle:
Chronicle to cut 25% of jobs in newsroom  —  To cut costs and try to adapt to a changing media marketplace, The Chronicle will trim 25 percent of its newsroom staff by the end of the summer.  —  "This is one of the biggest one-time hits we've heard about anywhere in the country," …
Mark Wallace / 3pointD.com:
Anshe to Launch Inter-World Financial Market  —  Virtual entrepreneur Anshe Chung will launch a virtual world-spanning financial market in early June, according to a news release on the Anshe Chung Studios site.  The service will "allow direct capital flow and investment across virtual world boundaries …
Discussion: The Other Here and Metaversed
Michael Arrington / TechCrunch:
MyMiniLife: Your Embeddable Virtual World  —  MyMiniLife is a Flash based virtual world/social network.  Users create and customize a character and then build out a virtual space, adding walls, floors, doors, windows, etc.  Users can then add customized goods ranging from lamps to cannons to the space …
Michael Arrington / TechCrunch:
Geni: Earning That $100 million Valuation  —  When genealogy site Geni announced that it had raised a venture round from Charles River Ventures valuing the two month old startup at $100 million, more than a few eyebrows were raised.  For the last couple of months, people have referred to …
Discussion: Feld Thoughts
Steve Lohr / New York Times:
Bright Ideas: Reaping Results: Data-Mining Goes Mainstream  —  RODNEY MONROE, the police chief in Richmond, Va., describes himself as a lifelong cop whose expertise is in fighting street crime, not in software.  His own Web browsing, he says, mostly involves checking golf scores.
Dennis Howlett / AccMan:
Intuit's blow out quarter  —  Intuit's blow out quarter  —  Intuit surprised everyone except Stock Market Beat with revenues and operating income up 21%.  CEO Steve Bennett was in upbeat mood: … Intuit upped its revenue guidance for the year by a handy $50 million.  What's interesting to me is the detail.
Discussion: Between the Lines
Mark Coker / VentureBeat:
Elementeo's 13-year-old CEO, highlight of TiECON  —  TiECON 2007, the big technology conference in Santa Clara, Calif., kicked off yesterday.  —  The buzz on the expo floor was about Silicon Valley gaming startup Elementeo and its precocious 13-year old founder and chief executive, Anshul Samar.
Discussion: Slashdot, cagifted.org and Zoli's Blog
Jenstar / JenSense:
Google AdSense disabling arbitrage publisher accounts as of June 1st  —  Numerous AdSense publishers have been receiving emails from Google the past couple of days stating that their use of their AdSense account is an unsuitable business model and that accounts would be disabled as of June 1st …
John Timmer / Ars Technica:
The psychology of banner ads  —  A quick test: how many of you can name the product being advertised in the banner ad at the top of the page?  Chances are, the ad's presence didn't even register with most seasoned web browsers.  But that's probably okay, at least according to research …
Charles Jade / Ars Technica:
Lawsuit over MacBook, MacBook Pro displays  —  Image of search result for an MacBook Pro LCD  —  Seeking class-action status, plaintiffs Fred Greaves and Dave Gatley tell a story in a legal filing (PDF) that will sound familiar to longtime Mac users.  It begins with a perceived problem …
Discussion: Guardian Unlimited and Apple 2.0
RELATED:
Prince McLean / AppleInsider:
Apple hit with class-action suit over MacBook, MacBook Pro displays
Discussion: MacSlash and MacDailyNews
Stan Schroeder / franticindustries:
What do acquisitions mean for everyday users?  —  This week can easily be labeled the corporate acquisition week.  Microsoft has acquired the ad network company aQuantive for $6 billion; WPP Group spent $649 million to buy digital marketer 24/7 Real Media, and now a rumor goes on about Google acquiring …
 
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 More Items: 
Rafat Ali / paidContent.org:
Industry Moves: Dan Finnegan Leaving Yahoo-Hotjobs
Miguel Helft / New York Times:
Internet Giants Vie to Snap Up Web Ad Firms
Abbey Klaassen / AdAge:
Microsoft: Avenue A/Razorfish Is Complementary to Us
Discussion: CNET News.com
Paul Sloan / The Key:
Why Microsoft's purchase of Aquantive is So Smart
Kristen Nicole / Mashable!:
The Pirate Bay to Launch YouTube Killer
Donna Bogatin / Digital Markets:
Why Google Fears Microsoft, big time
 Earlier Items: 
Andy Plesser / Beet.TV:
The Simpsons Are Coming to AOL as Part of New NBCu/News Corp Alliance
Om Malik / GigaOM:
Sometimes, a phone is just a phone
Discussion: Nokia
Steven Lee Myers / New York Times:
Estonia Computers Blitzed, Possibly by the Russians
Gregg Keizer / Computerworld:
Symantec false positive cripples thousands of Chinese PCs
Nick Gonzalez / TechCrunch:
SharedReviews Paid Opinions