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11:00 AM ET, October 25, 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:
Terrence Russell / Epicenter:
Three Reasons Microsoft Underpaid For Facebook  —  It's official — the truth is less profitable than fiction.  Facebook has secured the cornerstone of its $15 billion valuation with today's Microsoft alliance.  But at $240 million, that's only a 1.6% slice of a much larger pie.
Steve / The Secret Diary of Steve Jobs:
Oh snap!  Faceberg raises another $500 million  —  Word up.  Hot on the heels of the big investment by the Borg only a few hours ago, Facebook has now landed another $500 million from two hedge funds in New York.  At the same $15 billion valuation.  It is on, people.
Michael Arrington / TechCrunch:
Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company  —  Yesterday came news that Microsoft invested $240 million into Facebook, valuing the company at $15 billion.  —  How much is $15 billion?  It's hard to understand how much money that really is.
Peter Kafka / Silicon Alley Insider:
Facebook Raises Another $500 Milion
MEETblog:
Facebook Rumors: Making Friends with More investors
Cynthia Brumfield / IP Democracy:
FSJ: Facebook Has Raised Another $500 Mil.
Discussion: Mashable!
David Pogue / New York Times:
Apple Offers New Goodies in Leopard System  —  If you're a computer company, what on earth do you add to the sixth annual version of your operating system?  —  It's not as though there are any glaring holes left.  Nobody is still crying out for a better way to organize photos.
RELATED:
Walter S. Mossberg / Wall Street Journal:
Leopard: Faster, Easier Than Vista  —  Upgrade of Apple's OS  —  Isn't Revolutionary,  —  But It Beats Microsoft's  —  The Mac is on a roll.  Apple Inc.'s perennially praised but slow-selling Macintosh computers have surged in popularity in the past few years, with sales growing …
USA Today:
Leopard, Apple's new Mac operating system, hits all the right spots  —  When Steve Jobs unleashes Mac OS X Leopard on Friday, Mac fans and others considering an Apple computer for the first time will have questions.  Is the new Leopard operating system worth the $129 upgrade price?
Discussion: TechBlog, Switched, ParisLemon and Gizmodo
Ryan Block / Engadget:
Leopard reviews coming in, usual suspects agree: it's all gravy
Discussion: David Schatsky and Valleywag
Robert Scoble / Scobleizer:
Reports of PodTech's demise are bull####  —  It's amazing.  A fake blogger, Fake Steve Jobs, reports that PodTech is closing down.  This is total, 100% bull####.  Not even deserving of a response.  I'm not leaving PodTech.  When, er if, I am you'll read it here on my blog.
Discussion: WebProNews and Mashable!
RELATED:
Steve / The Secret Diary of Steve Jobs:
PodTech: RIP  —  Well, they've had a good run but apparently the Casa de Scoble is heading for the big sleep.  Or is it the dirt nap?  I can never remember.  No announcement yet but we hear it's imminent.  Word is that Scoble was planning to bail in January anyway but now he won't have to.
Duncan Riley / TechCrunch:
PodTech Heading Towards The Deadpool?  —  Fake Steve Jobs aka Daniel Lyons has written that he's heard that PodTech will be closing up shop with an announcement imminent.  —  We can't confirm the rumor although I have pinged Robert Scoble asking him to comment.  If we get a response we'll publish it.
Greg Sterling / Search Engine Land:
Live Search Almost Certainly Coming To Facebook  —  During this afternoon's Microsoft-Facebook conference call the question was asked whether the new deal would include paid search.  Microsoft's Kevin Johnson and Facebook's Owen Van Natta declined to directly answer the question …
Discussion: WebProNews and LiveSide
RELATED:
Dan Goodin / The Register:
More gnashing of teeth after Microsoft update brings PCs to a standstill  —  Resource-hogging search app sprung on reluctant admins  —  Something seems to have gone horribly wrong in an untold number of IT departments on Wednesday after Microsoft installed a resource-hogging search application …
RELATED:
Sadjad's space:
Windows Desktop Search 3.01 in now Mandatory
Discussion: Neowin.net
Megan McCarthy / Valleywag:
Jackpot: Mark Zuckerberg, the $5 billion man  —  One thing has been overlooked in today's Facebook valuation announcement — how much the major players can now claim to be worth.  A source tells us that Facebook founder Mark Zuckerberg owns about 30 percent of the company …
Discussion: Mark Evans, PDA, HipMojo.com and Digg
RELATED:
Opera:
Opera Link: your stuff everywhere  —  Opera connects mobile and desktop worlds  —  Oslo, Norway and Mountain View, CA - October 25, 2007  —  Opera, the only company that puts the Web on any device, today released Opera Link.  Wherever you are, whatever Opera browser you use …
RELATED:
Mark Hendrickson / TechCrunch:
Synchronize Your Browsing Habits with Opera Link
Discussion: Lifehacker, CNET News.com and Mashable!
Belo Corporate Press Releases:
Belo Reports Results for Third Quarter 2007  —  DALLAS — Belo Corp. (NYSE: BLC) today reported net earnings per share of $0.18 for the third quarter of 2007 as compared to $0.19 for the third quarter of 2006.  The third quarter of 2007 included approximately $2.3 million in transaction costs related …
Richard Waters / MSNBC:
Google bullish on advertising system  —  Google executives promised an acceleration in the recent efficiency gains seen in its search advertising system on Wednesday, potentially opening an even wider gap as rivals Yahoo and Microsoft struggle to catch up.  —  The confident prediction …
Discussion: Search Engine Land
Stephen C. Miller / New York Times:
Copy Video From Your PC, and Then Watch It on Your TV  —  SanDisk's Sansa TakeTV is aimed at people who want to take digital video from their computers and watch it on their TVs, without getting too high-tech about it.  —  The heart of TakeTV is a U.S.B. flash drive that can store videos copied from your computer's hard drive.
Discussion: The Mossberg Solution
RELATED:
Andy Plesser / Beet.TV:
Cable Operators Might "Throttle" Joost, Keith Kocho Tells Beet.TV
Discussion: Daily Feed
 
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 More Items: 
BBC:
Virtual worlds threaten 'values'
David Kaplan / paidContent.org:
Earnings: Scripps Posts Higher Q3 Revenue And Profits, While …
Scott Morrison / SmartMoney.com:
Google In 'Good Shape' Awaiting OK On DoubleClick Buy - CEO
Discussion: Search Engine Land
Wagner James Au / GigaOM:
Lord Of The Rings Online: MMORPG Meets Web 2.0
Discussion: Wonderland and Xconomy
Paul Stokes / Telegraph:
Oink founder: We're just like Google
Discussion: TorrentFreak and p2pnet
Jibi / The Boy Genius Report:
RIM updates Yahoo and Google Talk IM clients
Securitydude / Network Observations:
Outrage: An Open Letter to the FCC
 Earlier Items: 
Scott Karp / Publishing 2.0:
Facebook, Defined Networks, and the Inverse of Metcalfe's Law
Mike Masnick / Techdirt:
UK Considers Forcing ISPs To Block File Sharing
Ina Fried / ZDNet:
Ballmer: Calling on mobile
Mark Hendrickson / TechCrunch:
Friendster Announces Developer Platform; Can You Say "Commodity"?
Cade Metz / The Register:
Google funds hold Firefox fate (for sure)
Nick / Rough Type:
The science of blog reading
Discussion: Tech IT Easy and broadstuff