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6:35 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.
PR Newswire:
Facebook and Microsoft Expand Strategic Alliance  —  Microsoft to take equity stake in Facebook; companies expand advertising deal to cover international markets.  —  PALO ALTO, Calif. and REDMOND, Wash. /PRNewswire-FirstCall/ — Facebook® and Microsoft Corp. today announced that Microsoft …
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: LiveSide
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 …
Wall Street Journal:
Microsoft Bets On Facebook Stake And Web Ad Boom
Ina Fried / CNET News.com:
Source: Microsoft wins Facebook bid battle
Wall Street Journal:
Facebook Is Close to Choosing Microsoft or Google for Deal
Robert Scoble / Scobleizer:
Microsoft wins Facebook bid? Here's the insider scoop on why...
Peter Kafka / Silicon Alley Insider:
Microsoft Facebook Call: Live Updates
Discussion: Valleywag and eWEEK.com
Eric Bangeman / Ars Technica:
Microsoft antes up $240 million for a piece of the Facebook action
Discussion: Search Engine Land and Searchviews
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 …
Discussion: Wired News and The Mac Observer
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: Gizmodo
Ryan Block / Engadget:
Leopard reviews coming in, usual suspects agree: it's all gravy  —  It's not like we really expected scathing, Apple-coring criticism from the likes of the same motley crew Apple supplied pre-release iPhones to (namely: Walt Mossberg of WSJ, David Pogue of NYT, and Ed Baig of USA Today …
Discussion: Valleywag
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.
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.
Discussion: ParisLemon and Valleywag
RELATED:
Cynthia Brumfield / IP Democracy:   FSJ: Facebook Has Raised Another $500 Mil.
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
Nick / Rough Type:
The science of blog reading  —  The problem of detecting contaminants in a public water system is analogous to the problem of figuring out what's going on in the blogosphere, write a team of Carnegie-Mellon researchers in an award-winning paper called Cost-effective Outbreak Detection in Networks:
Discussion: broadstuff and Tech IT Easy
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 …
Mark Hendrickson / TechCrunch:
Friendster Announces Developer Platform; Can You Say "Commodity"?  —  Good thing we launched the CrunchBase widget, because you may need it to refresh your memory about a certain social networking company called Friendster that's announcing its own developer platform today (okay okay …
Discussion: Today @ PC World and VC Circle
Darren Rowse / ProBlogger Blog Tips:
ProBlogger - PageRank 4  —  Wow - this is an interesting one.  —  ProBlogger's page rank is currently at a 4 - and so is Digital Photography School.  —  I'd heard blogs had been penalized in their page rank recently for selling text links - bizarre thing is that neither of these two blogs sell links.
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 More Items: 
Mark Hendrickson / TechCrunch:
Synchronize Your Browsing Habits with Opera Link
Discussion: CNET News.com and Mashable!
Cade Metz / The Register:
Google funds hold Firefox fate (for sure)
Richard MacManus / Read/WriteWeb:
Al Gore's Current: Re-defining TV, Using the Web
TubeMogul.com:
Web Video Marketing - Best Practices
Discussion: Contentinople and Mashable!
Saul Hansell / Bits:
Deutsche Telekom Prepares for Two-Tier Internet
David Berlind / Berlind's Testbed:
BricaBox to be like the Wordpress of structured data & mashes 3rd …
Discussion: innonate
Tom Foremski / Silicon Valley Watcher:
Is GOOG Shafting Its AdSense Partners?
 Earlier Items: 
Business Wire:
Akamai Reports Third Quarter 2007 Financial Results
Annalise Walliker / NEWS.com.au:
Local whiz speeds up broadband by 200 times
CNET News.com:
Is Google's PageRank algorithm changing?
Martin Crutsinger / Associated Press:
US to Drive Global Copyright Enforcement
Discussion: Techdirt and Copyrightings
Eric Savitz / Tech Trader Daily:
Google Analyst Day: CEO Eric Schmidt
The 463:
Hi there.  I'm the Internet. …
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
BuzzFeed reaches a deal to sell Hot Ones owner First We Feast for $82.5M in cash to a consortium of investors led by an affiliate of Soros Fund Management

Katie Robertson / New York Times:
Sources: Patrick Soon-Shiong told LA Times opinion leaders not to publish an editorial critical of Trump's cabinet picks without publishing an opposing view

Brian Steinberg / Variety:
Warner Bros. Discovery announces a restructuring to create two separate units: one for linear TV networks and one for production studios and streaming platforms

 
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