Top Items:
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.
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Matt Asay / The Open Road:
Microsoft on Facebook: The internal memo from Kevin Johnson — Microsoft just bought a small stake in Facebook for $240 million (more than Facebook's 2006 revenues, which is interesting) on a $15 billion valuation. Kevin Johnson, president of Microsoft's Platform and Services Division …
Discussion:
Digital Daily, Mercury News, Seattle Post-Intelligencer, Valleywag, Business Week, Wall Street Journal and CNET News.com
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:
broadstuff, Valleywag, Technology Live, ParisLemon, How To Split An Atom, i-boy, IP Democracy, Silicon Alley Insider and Mashable!
Michael Arrington / TechCrunch:Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company
PR Newswire:
Microsoft Reports 27% Revenue Growth; Fastest First Quarter Since 1999 — Broad-based strength drives operating income and EPS growth each in excess of 25% — Microsoft Corp. today announced revenue of $13.76 billion for the quarter ended September 30, 2007, a 27% increase over the same period of the prior year.
Wsus / WSUS Product Team Blog:
WDS revision update, expanded applicability rules, auto-approve revisions — Some customers have reported that update package for KB917013 was being deployed to WSUS clients without having approved the update for installation on their WSUS servers. The original update release …
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Dan Goodin / The Register:More gnashing of teeth after Microsoft update brings PCs to a standstill
Discussion:
All about Microsoft, Hardware 2.0, Sadjad's space, David Arno's Blog, David, Zoli's Blog and Slashdot
Mike Masnick / Techdirt:
An Open Letter To Jeff Bezos: Please Stop Pissing Off People Over Amazon Prime — from the pretty-pretty-pretty-please dept — Back in May, we tried to alert you to a serious customer service problem that your company is facing concerning the way you are marketing Amazon Prime.
Sue Polinsky / Download Squad:
At the Top of Google — I haven't met two small business owners in a meeting where one doesn't ask how to get his or her site to the top of the Google search results list. There are transparent reasons for wanting to be first: you get more clicks, your business seems important …
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Andy Greenberg / Forbes:Google Scares The Search Crowd
Discussion:
Search Engine Journal, WebProNews, Traffick, Search Engine Watch Blog, Search Engine Roundtable and MarketingVOX
Larry Dignan / Between the Lines:
Comcast feeling the heat from competition — Comcast added fewer Internet and video customers than expected in its third quarter. — The cable giant on Thursday reported net income of $560 million, or 18 cents a share, on revenue of $7.78 billion. Those results were in line with estimates …
Discussion:
The Technology Liberation …
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Investor Relations:
CNET Networks Announces Sale of Webshots to American Greetings — CNET Networks, Inc. (NASDAQ:CNET), a leading interactive media company, today announced the sale of its Webshots business to American Greetings, effective immediately, for approximately $45 million in cash.
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.
Blake Robinson / TechCrunch:
Patent Monkey Joins Deadpool, Only To Rise Again as Patents.com — Someone just shot the monkey. Patent Monkey, a Web-based patent database, is closing up shop and selling its assets to domain-name holding company Internet Real Estate Group (IREG) and Monster Venture Partners (MVP).
Larry Dignan / Between the Lines:
Vonage settles patent flap with Verizon — There are a whole lotta lawsuits being settled at Vonage. This time Vonage is settling with Verizon. — The news, announced Thursday, comes just a few weeks after Vonage settled with Sprint. — Vonage's settlement has a few conditions depending on how a U.S. Court of Appeal rules.
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 …
Frank Ahrens / Washington Post:
Apple in a Fight for Rights to TV Shows — Apple's Steve Jobs helped save a sinking music industry, with his iPod and iTunes digital music store. Struggling record labels swallowed hard and accepted his 99-cents-per-song pricing because they had little choice.
Computerworld:
In Depth: Apple's Leopard leaps to new heights — A refined look, revamped apps and new options build on an already solid OS foundation — It's been two years, five months and 26 days since Apple Inc. last released a new operating system — the longest gap between releases since the company first released Mac OS X six years ago.
Larry Dignan / Between the Lines:
BEA: We're worth $21 a share — BEA Systems' board of directors says it will negotiate with Oracle-or other third parties-with opening bids at $21 a share, $4 a share higher than Oracle's current offer. — For those keeping score at home. Oracle made its offer Oct. 9 and the two have been volleying letters ever since.
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