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1:40 AM ET, August 2, 2007

Techmeme

 Top Items: 
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 …
RELATED:
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 …
Michael Arrington / TechCrunch:
Extremely Happy Feet: Disney Acquires Club Penguin For Up To $700 million  —  Club Penguin, a social network/virtual world that has been on the market for some time, was acquired by The Walt Disney Company and announced today.  An earlier deal with Sony fell apart over valuation …
Business Wire:
The Walt Disney Company Acquires Club Penguin
Discussion: paidContent.org
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.
John Blau / InfoWorld:
Lufthansa seeks to restore in-flight Internet
Discussion: CrunchGear and dailywireless.org
Matt Hamblen / Computerworld:
American Airlines to test in-flight Wi-Fi
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: CostPerNews, Zoli's Blog, Slashdot and digg
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:
Sir Elton John / The Sun:
Why we must close the net  —  Web rant ... Sir Elton says the internet is destroying music  —  POP legend Sir Elton John wants the internet CLOSED DOWN.  —  Never one to keep his opinions to himself, the Rocket Man has waded into cyberspace with all guns blazing.
Brian Prince / eWEEK.com:
SecureWorks Offers Free Security Tools  —  Researchers from SecureWorks have created two new tools to address security issues.  They will be presenting the tools at the Black Hat convention, which runs July 28-Aug. 2 in Las Vegas.  —  The first tool, known as CaffeineMonkey …
RELATED:
Gregg Keizer / Computerworld:   Mozilla to give away own security testing tools
Tom Spring / PC World:
AC/DC Bypasses iTunes: Should Apple Care?  —  Is iTunes headed down the "Highway to Hell" as Aussie rock band AC/DC puts it?  Recently recording artists and music services are giving iTunes some push back and a run for its money.  —  Today the band AC/DC says it's bypassing Apple's iTunes …
Discussion: CrunchGear
RELATED:
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.
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
Nate Anderson / Ars Technica:
Ringtones in your home: a review of Ringboxx  —  Meet the Ringboxx  —  Consider the Ringboxx.  Like the original iPod, it does a single job well—in this case, bringing ringtones to the home phone—and it comes in white.  Instant recipe for success?  —  Home Phone Tunes hopes so.
Nicole Lee / Crave: The gadget blog:
Motorola rolls out six budget handsets  —  Six new unannounced handsets have shown up on Motorola's image gallery, and they all appear to be budget candybar devices.  Not too much information on these phones aside from model numbers (Motorola W206, W213, W156, W160, W175 and W18), and we don't even know where they'll be headed.
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 …
Eli Brandt / Google LatLong:
How long will it take at rush hour?  —  Let's say you want to leave from Berkeley to catch the sunset from the beach at Half Moon Bay, to relax on the sand and watch the sun sink into the Pacific.  We all know Google Maps will tell you how to get there.  Now it's better at helping you decide when to leave to catch your sunset on time.
Discussion: Global Nerdy and Googlified
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.
 
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 More Items: 
Anne Broache / CNET News.com:
House panel approves legal shield for bloggers
Cade Metz / The Register:
Google: Kill all the patent trolls
Guy Kawasaki / How to Change the World:
On the Other Hand: The Flip Side of Entrepreneurship by Glenn Kelman
Josh Catone / Read/WriteWeb:
Operator11: Live Netcasting Gets Social
Josh Wolf / CNET News.com:
Facebook and journalism
Discussion: Pandora
Michael Hoffman / DailyTech:
Acer: No Demand For Linux PCs in U.K.
Mike Sachoff / WebProNews:
CBS Partners With Mobile Advertisers
Discussion: alarm:clock
Spencer D. Chin / TMCnet:
Skype to Offer SpinVox Voice-to-Screen Messaging
 Earlier Items: 
Dave Winer / Scripting News:
Forrester is wrong, imho
Joel Hruska / Ars Technica:
Microsoft HD Photo considered for standardization by JPEG committee
Discussion: Engadget and Gizmodo
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
Serdar Yegulalp Mitch Wagner / InformationWeek:
Linux Vs. Mac: Which Is The Better Alternative To Microsoft Windows?
Discussion: TechSpot News and Slashdot
Larry Dignan / Between the Lines:
How will Yahoo address social networking?
Bluetooth.com:
BLUETOOTH SIG ADOPTS NEW CORE VERSION 2.1 + EDR
Michael Arrington / TechCrunch:
Amazon To Launch Payments Services; Will Compete With PayPal and Google Checkout