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9:20 PM ET, August 1, 2007

Techmeme

 Top Items: 
Merissa Marr / Wall Street Journal:
Disney to Buy Club Penguin  —  Seeking to bolster its online presence among kids, Walt Disney Co. said it is buying the popular Club Penguin virtual community for $350 million in cash.  —  Disney said it had agreed to pay up to another $350 million to Club Penguin's founders …
Discussion: 901am, BloggingStocks and alarm:clock
RELATED:
Staci D. Kramer / paidContent.org:
Disney Acquires Club Penguin In Deal Valued At $700 Million; To Be Branded 'Disney's Club Penguin'  —  On a call with Disney CEO Bob Iger now while he announces the company's acquisition of Club Penguin, which he describes as a perfect fit.  It's a cash payment of $350 million and an opportunity …
Michael Arrington / TechCrunch:   Extremely Happy Feet: Disney Acquires Club Penguin For Up To $700 million
Business Wire:   The Walt Disney Company Acquires Club Penguin
Dylan Tweney / Epicenter:
Stanford Summit: The Killer App for Virtual Reality Is Civility
Discussion: VC Ratings
Mathew / mathewingram.com/work:
At least it won't be called ClubMouse
Discussion: CenterNetworks
RELATED:
Joshua Topolsky / Engadget:
Lufthansa to add in-flight broadband by 2008 for long-hauls  —  Lufthansa is apparently continuing the airborne scramble to get customers connected, announcing that with the help of T-Mobile it will be reinstating its broadband service (formerly from Connexion) to its long-haul flights by 2008.
Matt Hamblen / Computerworld:
American Airlines to test in-flight Wi-Fi
Discussion: Engadget
John Blau / InfoWorld:
Lufthansa seeks to restore in-flight Internet
Discussion: CrunchGear and dailywireless.org
Peter Lauria / New York Post:
DISCOVERY BUYS GREEN  —  Discovery Communications has scooped up a companion Web site to its upcoming Planet Green cable network, agreeing to buy Treehugger.com for about $10 million, The Post has learned.  —  The deal, expected to be announced today, marks the first acquisition for Discovery under …
RELATED:
Wall Street Journal:
Murdoch Wins His Bid for Dow Jones  —  Bancroft Family Agrees  —  To $5 Billion Offer  —  After Deal on Fees  —  A New Owner for Journal  —  A century of Bancroft-family ownership at Dow Jones & Co. is over.  —  Rupert Murdoch's News Corp. sealed a $5 billion agreement to purchase …
RELATED:
Vidya Lakshmipathy / Forrester Research:
The Mobile Web Versus The Web On An iPhone: iPhone Wins In A Blowout  —  EXECUTIVE SUMMARY  —  On June 29, 2007, Apple released the highly anticipated iPhone to the public.  Forrester evaluated the iPhone's capabilities, and we believe that the iPhone signals the beginning of the end …
RELATED:
Dave Winer / Scripting News:
Forrester is wrong, imho
Discussion: Silicon Alley Insider
Eric Bangeman / Ars Technica:
FTC complaint flags NFL, MLB, studios for overstating copyright claims  —  Any fan of the NFL can almost recite the warning by memory: "This telecast is copyrighted by the NFL for the private use of our audience.  Any other use of this telecast or any pictures, descriptions …
Michael Arrington / TechCrunch:
Amazon To Launch Payments Services; Will Compete With PayPal and Google Checkout  —  Look for a launch announcement by Amazon this week or next of a new web service around payments, adding to their S3 (storage), EC2 (virtual server) and other services.  They've been quietly testing the service …
Reuters:
Google wary of behavioral targeting in online ads  —  MOUNTAIN VIEW, California (Reuters) - Google Inc. is looking to find more links between the searches its users do in order to better target advertising, but the company is reluctant to go much further than that in tracking their behavior.
Erin McMahon-Lyman / eMediaWire:
Canaan Partners Expands its Digital Media Portfolio and Leads $10M Investment in Associated Content  —  Firm to Drive Growth of Innovative, Online Content Publishing Company  —  Menlo Park, CA (PRWEB) August 1, 2007 — Canaan Partners, a $2.4 billion global venture capital firm …
John C. Dvorak / PC Magazine:
Bubble 2.0 Coming Soon  —  Every single person working in the media today who experienced the dot-com bubble in 1999 to 2000 believes that we are going through the exact same process and can expect the exact same results—a bust.  It's déjà vu all over again.
Discussion: Slashdot and digg
Serdar Yegulalp Mitch Wagner / InformationWeek:
Linux Vs. Mac: Which Is The Better Alternative To Microsoft Windows?  —  If you're a Vista-wary Windows user who would rather switch than fight, should you move to a Linux distro or Apple's OS X?  We asked a Mac fan and a Linux advocate to lead a guided tour of each OS.
Discussion: TechSpot News and Slashdot
Christopher Grant / Joystiq:
65nm 360 chips in production 'last two quarters' - 45nm on the way  —  Though we're pretty confident the Xbox 360 price drop is coming sooner than "this Fall" - more like August 12th, if you want to be specific - we've had the entire Fall season marked on our Microsoft Executive Swimsuit calendar with "65nm chips" reminders.
Ethan Smith / Wall Street Journal:
Digital-Music Holdout AC/DC Spurns iTunes, Signs With Verizon  —  AC/DC, one of the last high-profile holdouts in the digital-music era, is finally making its 17-album catalog available to online music buyers.  But in a twist that highlights shifting power dynamics in the world of digital music retailing …
Eric Bangeman / Ars Technica:
Console mod-chippers busted in nationwide raids  —  Federal agents have carried out a series of raids against individuals and businesses in 16 states as part of an investigation into the distribution and sale of mod chips.  Dubbed "Operation Tangled Web", the 32 search warrants were executed …
Discussion: TechSpot News
Bluetooth.com:
BLUETOOTH SIG ADOPTS NEW CORE VERSION 2.1 + EDR  —  New Spec Makes Device Set-Up Faster, Easier and Increases Battery Life  —  The Board of Directors of the Bluetooth Special Interest Group (SIG), the more than 8,000-member strong trade association responsible for advancing Bluetooth wireless technology …
Digital Music News:
GoFish Abandons Bolt Purchase, Licensing Issues Blamed  —  Video-sharing destination GoFish is now abandoning its purchase of Bolt, according to sources to Digital Music News.  The acquisition, first reported in February, involved a stock-for-stock transaction valued at $30 million.
 
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Smartsheet makes Deloitte Fast 500 List  —  For the fifth year in a row, Smartsheet ranks on the list of the fastest-growing companies in North America.
Zoho:
CRMs Aren't Just for Salespeople: 7 Reasons Marketers Need CRMs  —  Consider, for a moment, how your business uses its Customer Relationship Management (CRM) system.  At many businesses that have CRMs …
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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.
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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
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 More Items: 
Brian Prince / eWEEK.com:
SecureWorks Offers Free Security Tools
Michael Hoffman / DailyTech:
Acer: No Demand For Linux PCs in U.K.
Discussion: Download Squad and ZDNet
Sir Elton John / The Sun:
Why we must close the net
Discussion: CNET News.com
Mike Sachoff / WebProNews:
CBS Partners With Mobile Advertisers
Discussion: alarm:clock
Spencer D. Chin / TMCnet:
Skype to Offer SpinVox Voice-to-Screen Messaging
Joel Hruska / Ars Technica:
Microsoft HD Photo considered for standardization by JPEG committee
Discussion: Engadget and Gizmodo
Henry Blodget / Silicon Alley Insider:
How's IAC's Ask Doing? Not Well. Forecast Bad, Too.
Discussion: WebProNews
Thomas Ricker / Engadget:
ATI graphics to support DisplayPort 1.1 in early 2008
 Earlier Items: 
Dan Frommer / Silicon Alley Insider:
Sprint Pulls Out Of Cable Spectrum Venture
Business Wire:
Red Herring Launches Digital Edition Powered by Olive Software
John Koblin / New York Observer:
Google Gobbles More Space In West Chelsea
Larry Dignan / Between the Lines:
How will Yahoo address social networking?
Eric Miraglia / Yahoo! User Interface Blog:
YUI 2.3.0: Six New Components and a Prettier Face
Joe Fay / The Register:
Dancing Ballmer subjected to Zune dance therapy
Kim Zetter / Wired News:
Scan This Guy's E-Passport and Watch Your System Crash
Discussion: Engadget, Bits and digg