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2:40 PM 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:
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 …
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) …
Discussion: Screenwerk
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.
Discussion: Zenrob and WebMetricsGuru
RELATED:
Between the Lines:
Putting data mining in perspective  —  Steve Lohr of the New York Times has an well reported story on the how various corporations, cities, crime fighters, financial institutions and even cement companies are using data mining to improve performance.  Data mining isn't new to the world, but it is becoming more mainstream, Lohr reports.
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.
Discussion: cruel to be kind
Michael Fitzgerald / New York Times:
Prototype: Why Work Is Looking More Like a Video Game  —  WORK is not play.  But maybe it should be.  —  In fact, Paul Johnston has remade his company on the idea that business software will work better if it feels like a game.  Mr. Johnston is not some awkward adolescent …
Discussion: michael parekh on IT and Slashdot
Clay Shirky / Many-to-Many:
The (Bayesian) Advantage of Youth  —  A couple of weeks ago, Fred Wilson wrote, in The Mid Life Entrepreneur Crisis "...prime time entrepreneurship is 30s.  And its possibly getting younger as web technology meets youth culture."  After some followup from Valleywag, he addressed the question …
Discussion: A VC, robhyndman.com and New York Times
Gizmodo:
Gallery: Giz Hearts Maker's Faire  —  That's Lisa and yours truly at the Flickr/Yahoo! booth, where they'd take a polaroid and scan it using some custom ware on a Sharp photocopier directly to Flickr.  —  And here's my photo stream of 90 photos from the amazing and completely overwhelming Maker's Faire.
Discussion: Gadget Lab and I4U News
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 …
Discussion: Download Squad
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:
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
Computerworld:
New and 'improved' Gozi Trojan version on the loose  —  Stealthier Russian Trojan on the loose since April  —  Jaikumar Vijayan Today's Top Stories or Other Security Stories  —  A new, stealthier version of a previously known Russian Trojan horse program called Gozi has been circulating …
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," …
 
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 Techmeme Sponsor Posts: 
Smartsheet:
Smartsheet's CEO: Our Software Market Is Still in Its Early Stages  —  During a talk with TheStreet, Mark Mader argues his firm's work execution platform still has a lot of headroom to displace manual business processes.
Zoho:
3 ways to bring in high-quality leads  —  This is a guest post by JotForm.  —  Gathering high-quality leads to convert into paying customers isn't the easiest thing to do.  From spambots to poorly created lead …
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's why gamers should go with a processor that has high IPC and can hit the highest frequencies  —  Adding core count for core count's sake does not create a better gaming experience
Mattermost:
Open source ChatOps is here  —  Mattermost ChatOps brings you an end-to-end open source ChatOps suite that makes bringing your DevOps systems together simple, prescriptive, and open.
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 More Items: 
broadbandreports.com:
Citywide Wi-Fi: Boon or Bust?
Miguel Helft / New York Times:
Internet Giants Vie to Snap Up Web Ad Firms
Dennis Howlett / AccMan:
Intuit's blow out quarter
Kristen Nicole / Mashable!:
The Pirate Bay to Launch YouTube Killer
Donna Bogatin / Digital Markets:
Why Google Fears Microsoft, big time
Discussion: p2pnet, Newsome.Org and OnoTech
Andy Plesser / Beet.TV:
The Simpsons Are Coming to AOL as Part of New NBCu/News Corp Alliance
 Earlier Items: 
Stan Schroeder / franticindustries:
What do acquisitions mean for everyday users?
Steven Lee Myers / New York Times:
Estonia Computers Blitzed, Possibly by the Russians
Mark Coker / VentureBeat:
Elementeo's 13-year-old CEO, highlight of TiECON
Gregg Keizer / Computerworld:
Symantec false positive cripples thousands of Chinese PCs
Discussion: C.I.S.R.T. and Slashdot
Nick Gonzalez / TechCrunch:
SharedReviews Paid Opinions