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9:15 PM ET, October 24, 2007

Techmeme

 Top Items: 
Brad Stone / New York Times:
Microsoft to Pay $240 Million for Stake in Facebook  —  Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook.  —  The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook.
RELATED:
Ina Fried / CNET News.com:
Source: Microsoft wins Facebook bid battle  —  Update: 12:30 p.m. see bottom.  —  After weeks of speculation, Microsoft appears to have won a battle with Google over who would get a stake in Facebook, according to a source familiar with the situation.  —  Microsoft and Facebook were close to a deal, according to the source.
Erick Schonfeld / TechCrunch:
Facebook Takes the Microsoft Money And Runs.  —  While the storyline would have been more dramatic if Facebook had spurned its current ad-serving partner Microsoft for Google, it is confirmed that Microsoft has won the deal.  It will invest $240 million in Facebook and expand its existing relationship …
Robert Scoble / Scobleizer:
Microsoft wins Facebook bid?  Here's the insider scoop on why...  Last night I was hanging around at the Ritz near my house.  That's where Jerry Yang, CEO of Yahoo spoke yesterday, and where the Right Media conference is going on right now.  —  I talked with several people …
Peter Lauria / New York Post:
ONLINE FACEOFF  —  M'SOFT AND GOOGLE DUKE IT OUT OVER HOT SITE  —  Google is threatening to once again beat rival Microsoft to the deal punch, this time in the white-hot Facebook investment sweepstakes.  —  Microsoft and Google are each vying to take a stake of between 5 percent and 10 percent …
Michael Arrington / TechCrunch:
Liveblogging The Facebook Press Conference  —  Facebook is holding a press conference at 2 pm PST to discuss and presumably confirm the Microsoft investment.  We'll be liveblogging the event here.  Stay tuned.  —  Press Release On The Investment: … - Sphere It -
Mary Jo Foley / All about Microsoft:
Are you surprised? Microsoft beats Google with Facebook deal
Discussion: CNET News.com and Rev2.org
Peter Kafka / Silicon Alley Insider:
Microsoft Facebook Call: Live Updates
Discussion: Valleywag
Duncan Riley / TechCrunch:
Google Declares Jihad On Blog Link Farms  —  A major Google page rank update has punished large scale blog link farms and similar sites indulging in heavy cross linking by dramatically cutting their Google page rank scores.  —  There is some suggestion that the changes may be related …
RELATED:
Andy Beard / Niche Marketing:
Digg Favorites Slapped By Google  —  For a company such as Google with a stock price based extensively on anticipated growth and public sentiment, it doesn't take a huge swing in goodwill to have a dramatic effect on valuation.  Google has just slapped their biggest fans.
Barry Schwartz / Search Engine Land:
Google's PageRank Update Goes After Paid Links?  —  Seems like there is a PageRank update taking place now that seems to be impacting sites that sell links.  Can't say that we were not warned about this?  Danny Sullivan wrote Official: Selling Paid Links Can Hurt Your PageRank Or Rankings …
Robert Scoble / WebProNews:   Google Page Rank's Been Dead for Quite Some Time
Peter Kafka / Silicon Alley Insider:
Google's PageRank Shuffle: Big Sites Say Bye-bye, Traffic?
Discussion: Geek News Central
Robby Stein / Official Gmail Blog:
Sync your inbox across devices with free IMAP  —  There are two online petitions I've signed in my life.  One was for a "Xena: Warrior Princess" movie.  The other, which I signed a few months before starting at Google, was for Gmail IMAP.  As some of you know, IMAP is the best way to access …
RELATED:
Michael Garrett / Profy.Com:
Gmail Users Get IMAP Support
Discussion: CNET News.com
Eric Savitz / Tech Trader Daily:
Google Analyst Day: CEO Eric Schmidt  —  The last speaker at the Google (GOOG) analyst meeting today is CEO Eric Schmidt.  —  Schmidt says it has become clear we are at the beginning of a massive transition to cloud computing.  A global transition from one form of information sharing to another, of one form of computing to another.
Discussion: Between the Lines and WebProNews
RELATED:
Ben Worthen / Business Technology:
Is Google Causing Microsoft to Drop its Prices?
Discussion: eWEEK.com
 
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 More Items: 
Allen Stern / CenterNetworks:
Facebook and Microsoft Conference Call - Live Notes on Twitter
Matthew Moskovciak / Crave:
Samsung combo player news; BD-P2400 officially canceled
Discussion: Gadgetell
USA Today:
Readers want to know what you Digg
Discussion: 10e20
Tom Foremski / Silicon Valley Watcher:
Is GOOG Shafting Its AdSense Partners?
Business Wire:
Akamai Reports Third Quarter 2007 Financial Results
Annalise Walliker / NEWS.com.au:
Local whiz speeds up broadband by 200 times
Discussion: DSLreports
Erick Schonfeld / TechCrunch:
Social Site Rankings (September, 2007)
Discussion: Search Engine Land
Brian Bergstein / Associated Press:
Cheap laptops arrive for tryout in India
Discussion: Engadget and Gizmodo
 Earlier Items: 
Donna Bogatin / Insider Chatter:
Judy's Book: What's On Sale? WE ARE! Ten Reasons Why
The 463:
Hi there.  I'm the Internet. …
Robert Vamosi / CNET News.com:
Security features expected within Mac OS X Leopard
Discussion: Infinite Loop
The Boeing Company:
Boeing Tests HALE Hydrogen Propulsion System Using Ford-Developed Engine
Discussion: Gizmodo and DailyTech
Anick Jesdanun / Associated Press:
Insider Domain Name Snatching Probed
Nicholas Deleon / CrunchGear:
Blu-ray outsells HD DVD nearly 2-to-1... then came Transformers
Discussion: Gadgetell
Justin Smith / Inside Facebook:
Breaking: Facebook Announces Facebook Platform for Mobile; Facebook for Blackberry
Jason / Signal vs. Noise:
Why Enterprise Software Sucks