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2:30 PM ET, May 30, 2007

Techmeme

 Top Items: 
BBC:
Music site Last.fm bought by CBS  —  Social music site Last.fm has been bought by US media giant CBS Corporation for $280m (£140m), the largest-ever UK Web 2.0 acquisition.  —  The online network was founded in the UK five years ago and it now has more than 15 million active users.
RELATED:
Joseph Menn / Los Angeles Times:
CBS to buy social network  —  It is expected to pay $280 million for the Last.fm site, which caters to music fans.  —  CBS Corp. is buying a popular social-networking website organized around musical tastes for $280 million, combining a traditional broadcast giant with an early leader in online radio.
Richard Jones / Last.fm:
Last.fm Acquired By CBS  —  Today, Last.fm was acquired by CBS, a company who had the first commercial radio station in the US, ran a record label (CBS Records), and amongst other things are responsible for several respected TV series (CBS on Wikipedia).  —  The team here have spent a lot …
Fred / A VC:
CBS Buys Last.fm  —  I just did a search on my blog for the term "last.fm".  I've used that term so many times that there are 16 pages of search results and that's just for my blog posts.  Clearly I've been obsessed by this service from the day I started using it in the fall of 2005.
Discussion: alarm:clock
Pete Cashmore / Mashable!:
WOW: CBS Acquires Last.fm for $280 Million  —  I did not expect this one: despite ongoing rumors that Viacom would snap up the music site for a massive $450 million, CBS will announce today the acquisition of Last.fm for $280 million, according to an unverified source.  The aim is to attract young people to the CBS brand.
Reuters:
CBS buys online music site Last.fm
Discussion: CrunchGear
Caroline McCarthy / CNET News.com:
What does CBS want with Last.fm?
Discussion: VentureBeat
Reuters:
CBS tunes in Last.fm
Derick Mains / Apple:
Apple Launches iTunes Plus  —  Higher Quality DRM-Free Tracks Now Available on the iTunes Store Worldwide  —  Apple® today launched iTunes® Plus—DRM-free music tracks featuring high quality 256 kbps AAC encoding for audio quality virtually indistinguishable from the original recordings …
RELATED:
Arn / MacRumors:
Apple Releases iTunes 7.2, Launches iTunes Plus (DRM Free) [Now Available]  —  Apple released iTunes 7.2 updated in the Mac OS X Software Update tonight, which offers support for "iTunes Plus", Apple's new DRM-free $1.29 offerings announced in April.  —  With iTunes 7.2, preview …
Thomas Ricker / Engadget:   iTunes Plus and EMI's DRM-free music hands-on
Larry Larsen / Channel 10:
First Look: Microsoft Surfacing Computing!  —  About a year ago I gave a presentation to a group of journalists about gadgets of the future and showed a video about a theoretical multi-touch computing system.  When asked when we would see something like that in the wild, I optimistically ballparked 5-7 years.
RELATED:
Glenn Derene / Popular Mechanics:
Microsoft Surface: Behind-the-Scenes First Look (with Video)  —  The software giant will announce at the D5 conference today that it's built a new touchscreen computer—a coffee table that will change the world.  Go inside its top-secret development with PopularMechanics.com …
Microsoft:
Microsoft Launches New Product Category: Surface Computing Comes …
Christopher Soghoian / slight paranoia:
A Remote Vulnerability in Firefox Extensions  —  See a demo of the attack against Google Browser Sync: (12MB Quicktime).  —  Executive Summary  —  A vulnerability exists in the upgrade mechanism used by a number of high profile Firefox extensions.  These include Google Toolbar …
Discussion: CNET News.com and Zero Day
RELATED:
Ryan Singel / Threat Level:   Google, Yahoo, Facebook Extensions Put Millions of Firefox Users At Risk
Brian Krebs / Security Fix:
A New Vector For Hackers — Firefox Add-Ons
Discussion: JD on EP
Miguel Helft / New York Times:
Take Note: Computing Takes Up Pen, Again  —  For more than two decades, the dream of controlling a computer with a pen has seduced and, more often than not, frustrated some of the biggest luminaries in the technology pantheon, including Bill Gates and Steve Jobs.
Discussion: last100 and Tech_Space
RELATED:
Wall Street Journal:
The Shape of Computers to Come?
USA Today:
Table is set for computing
Business Wire:
Fox Interactive Media Agrees to Acquire Photobucket and Flektor, Inc.  —  Web's Fastest-Growing Personal Media Site and Next Generation Web-Based Photo and Video Service to Join News Corporation's Leading Network of Internet Brands  —  "The acquisition of these two companies is a perfect strategic fit …
RELATED:
Blog.Photobucket.com:
Important Photobucket Announcement
Marcus Adolfsson / TreoCentral:
Palm's Foleo a "smartphone companion product"?  —  According to a RSS news feed from Palm, their mystery "3rd category" device is a compact smartphone companion product named Foleo that let's you view and edit emails using a large screen and fullsize keyboard.
RELATED:
Brent Schlender / Fortune:
The trouble with Apple TV  —  Steve Jobs' latest is a dud - and that speaks volumes, says Fortune's Brent Schlender.  —  (Fortune Magazine) — Let's pause for a moment amid the worshipful buzz before the launch of Apple's iPhone in June to consider the heretical notion that Steve Jobs might be promising more than he can deliver.
Discussion: MacDailyNews and MacSlash
John Battelle / John Battelle's Searchblog:
DEATH OF JOURNALISM - BLAME GOOGLE?  NO. ASK GOOGLE TO LEAD?  YES.  —  Thanks to commentor Kimo for pointing me to this SF Gate Op Ed, written by Neil Henry, a former colleague at the Graduate School of Journalism.  —  Snip: … I can't disagree more with what Neil is saying in this first part …
 
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 More Items: 
Jessica Guynn / San Francisco Chronicle:
Social networking meets social change
ChannelWeb Breaking News:
Review: Vista, XP Users Equally At Peril To Viruses, Exploits
Discussion: Ars Technica
James Brightman / Business Week:
PS3 Price Cut Too Little Too Late
Between the Lines:
D5: Microsoft CEO Steve Ballmer on the hot seat
Crayton Harrison / Bloomberg:
AT&T Says Expectations for Apple IPhone Are `Too Low' (Update2)
Eric Eldon / VentureBeat:
Q&A with iLike's Ali Partovi, on Facebook
Blake Snow / Next Generation:
Bungie: Graphical Improvements Coming to Halo 3
 Earlier Items: 
Agence France Presse:
Japanese mobile users to get advance quake warnings
Joseph Thornley / Pro PR:
Mike Arrington brings TechCrunch to mesh
GamePolitics.com:
ANOTHER N.Y. Game Bill - Democratic Proposal Could Turn Retailers into Felons
Discussion: Game | Life
Nick Gonzalez / TechCrunch:
Grateful Dead Fan Site Reborn as Social Network
Discussion: ClickZ News Blog
Caroline McCarthy / CNET News.com:
In defense of Twitter  —  Editor's note: CNET News.com …
Ryan Singel / Wired News:
Which ISPs Are Spying on You?  —  The few souls that attempt …