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1:20 PM ET, October 25, 2007

Techmeme

 Top Items: 
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.
RELATED:
Peter Kafka / Silicon Alley Insider:
Facebook Raises Another $500 Milion  —  Forbes' Elizabeth Corcoran, reporting from the magazine's MEET Conference in L.A., says Facebook raised another $500 million yesterday in addition to Microsoft's $240 million.  The money is supposed to have come from two NYC-based hedge funds …
MEETblog:
Facebook Rumors: Making Friends with More investors  —  Two hedge funds from New York have apparently jumped into the Facebook deal.We've got our ear to the ground to figure out who it is but each put in about $250 million—for $500 million total—at the same valuation as Microsoft Corp.
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:
Ryan Block / Engadget:
Leopard reviews coming in, usual suspects agree: it's all gravy
Discussion: 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: Valleywag, 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?
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.
RELATED:
Nick / Rough Type:
The "$15 billion" nonsense  —  So Microsoft, under fierce pressure, cuts a complicated deal with Facebook that, among other things, grants the software giant expanded rights to serve ads on the fast-growing social network and requires it to inject $240 million into Facebook's cash-strapped coffers …
Discussion: Profy.Com and CNNMoney.com
Andy Greenberg / Forbes:
Google Scares The Search Crowd  —  Google, for online businesses, has the impact that Alan Greenspan once had on the financial markets.  Online companies pounce on every whisper or cryptic comment from Google about how it ranks pages as an indicator—up or down—of how online traffic will flow for millions of Web sites.
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 …
Business Wire:
BEA Board Sets $21.00 Per Share Value Position  —  SAN JOSE, Calif.—(BUSINESS WIRE)—The Board of Directors of BEA Systems (NASDAQ: BEAS - News) today issued the following statement:  —  "We continue to believe that Oracle's unsolicited proposal to acquire BEA at $17.00 per share significantly …
Discussion: Tech Trader Daily
RELATED:
Larry Dignan / Between the Lines:
BEA: We're worth $21 a share
Discussion: eWEEK.com
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:
BBC:
Virtual worlds threaten 'values'  —  The growing number of toy-themed virtual worlds aimed at young people risks undermining the basic human values we wish to instill in children.  —  So said industry veteran Lord Puttnam opening a London conference devoted to discussing virtual worlds.
Discussion: Wonderland
Paul Stokes / Telegraph:
Oink founder: We're just like Google  —  An IT consultant suspected of operating one of the world's biggest pirate music websites from a Middlesbrough bedsit said he had done nothing wrong.  —  Alan Ellis, 24, was arrested on Tuesday as part of an Interpol-led operation to shut …
Stuart Elliott / New York Times:
Yahoo Executive Joins Nintendo  —  Nintendo of America is underlining its commitment to trying to broaden the market for video games beyond the traditional younger, male player by hiring a sales and marketing chief with extensive experience with mainstream brands.
Discussion: Silicon Alley Insider
Chris Preimesberger / eWEEK.com:
EMC Files Another Rosy Quarterly Report  —  VMware, storage hardware and services lead the financial way for storage infrastructure giant.  —  EMC's storage infrastructure juggernaut racked up its 17th consecutive quarter of double-digit top-line growth in its Q3 earnings report issued Oct. 25.
Discussion: InfoWorld and Reuters
 
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 More Items: 
Staska / Unwired View:
APPLE'S TOUCH SURFACE KEYBOARD WITH TACTILE FEEDBACK
Discussion: Engadget and Gizmodo
Guardian:
Google Earth used to target Israel
Bill Ray / The Register:
How many $$$s does Apple make from an iPhone?
Dominic Kennedy / Times of London:
Labour 'conspired with phone companies to keep prices high'
Discussion: The Register
Andy Beal / Andy Beal's Marketing Pilgrim:
Why Microsoft Needed Facebook & Google Didn't
Discussion: Mashable!
Thomas Ricker / Engadget:
Wal-Mart now selling Toshiba's A2 HD DVD player for $198?
Discussion: CrunchGear
Comcast:
Comcast Reports Third Quarter 2007 Results
Chris Soghoian / CNET News.com:
Congressman to Comcast: Stop interfering with BitTorrent
 Earlier Items: 
Associated Press:
Yahoo Chairman Semel exercises options
Opera:
Opera Link: your stuff everywhere
Wagner James Au / GigaOM:
Lord Of The Rings Online: MMORPG Meets Web 2.0
Discussion: Xconomy and Wonderland
Jibi / The Boy Genius Report:
RIM updates Yahoo and Google Talk IM clients
Securitydude / Network Observations:
Outrage: An Open Letter to the FCC
Mike Masnick / Techdirt:
UK Considers Forcing ISPs To Block File Sharing
Megan McCarthy / Valleywag:
Jackpot: Mark Zuckerberg, the $5 billion man
Discussion: Mark Evans, PDA and Digg
Mark Hendrickson / TechCrunch:
Friendster Announces Developer Platform; Can You Say "Commodity"?