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7:50 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 …
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
PR Newswire:
American Airlines Selects AirCell to Launch In-Flight Wi-Fi Service Over U.S.  —  American Airlines Becomes First Airline to Launch AirCell's High-Speed Broadband Internet Service on Aircraft Flying Over U.S.; Conquering the Last Frontier for Internet Access
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
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:
Rafat Ali / paidContent.org:
Discovery Buys Green Lifestyle Blog/Site Treehugger For About $15 Million  —  Discovery Communications has bought out the popular green-lifestyle and news site Treehugger.  Terms were not disclosed, but our sources say that piece is around $15 million, and that includes performance based earnout as well.
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:
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 …
RELATED:
Tom Spring / PC World:
AC/DC Bypasses iTunes: Should Apple Care?
Discussion: Computerworld
Stuff.co.nz:
The future according to Sony  —  UPDATED What are the challenges ahead for the PlayStation 3?  Warwick Light, of Sony Computer Entertainment New Zealand, discusses them with GERARD CAMPBELL.  —  Warwick Light, Sony Computer Entertainment New Zealand's head of marketing, calls the PlayStation 3 an "incredible transformer".
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
PC Advisor:
Improved Xbox 360 processor planned  —  Chartered hints at 45nm Xbox chip  —  Sumner Lemon  —  Singaporean contract chip maker Chartered Semiconductor Manufacturing will produce a 45-nanometre (nm) processor designed for video-game consoles, probably an upcoming version of the processor used in Microsoft's Xbox 360.
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 …
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 …
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
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.
Larry Dignan / Between the Lines:
How will Yahoo address social networking?  —  The due date for Yahoo CEO Jerry Yang's strategic plan isn't here yet, but that hasn't stopped the handicapping.  Bear Stearns analyst Robert Peck has a 22 page report addresses Yahoo's options.  —  His conclusions:
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 …
Discussion: Engadget, Phone Scoop and jkOnTheRun
 
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 More Items: 
Spencer D. Chin / TMCnet:
Skype to Offer SpinVox Voice-to-Screen Messaging
Eric Bangeman / Ars Technica:
Console mod-chippers busted in nationwide raids
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
Dan Frommer / Silicon Alley Insider:
Sprint Pulls Out Of Cable Spectrum Venture
Digital Music News:
GoFish Abandons Bolt Purchase, Licensing Issues Blamed
Business Wire:
Red Herring Launches Digital Edition Powered by Olive Software
John Koblin / New York Observer:
Google Gobbles More Space In West Chelsea
 Earlier Items: 
logitech.com:
One Size Does Not Fit All: Logitech G9 Laser Mouse Lets Gamers Tune …
Erin McMahon-Lyman / eMediaWire:
Canaan Partners Expands its Digital Media Portfolio and Leads …
eWEEK.com:
IBM to Consolidate 3,900 Servers onto 33 Mainframes
Discussion: The Register and CNET News.com
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
Tom Krazit / CNET News.com:
Apple unloads torrent of patches, plus the first iPhone update
Michael Arrington / TechCrunch:
New Study: Top 50k blogs had $500 million in 2006 Revenue