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7:50 PM ET, February 20, 2008

Techmeme

 Top Items: 
Robert X. Cringely / InfoWorld:
Look before you leak  —  I bet you thought people banked in the Cayman Islands because they serve fruity cocktails with tiny parasols in them while you're waiting for your checks to clear.  Well, you're only partly right.  The other reason people keep accounts in the Caymans is to avoid paying taxes …
RELATED:
David F. Gallagher / Bits:
Wikileaks Site Has a Friend in Sweden
Frank Caron / Ars Technica:
XNA games coming to the Zune, Xbox Live Arcade  —  This morning at the Game Developers Conference in San Francisco, Microsoft announced the next step in its Xbox Live and XNA initiative: the Zune will be entering the fray as new third pillar of XNA software support, with over 1,000 games for the device by year end.
RELATED:
N'Gai Croal / Level Up:
Exclusive: Nintendo Announces Plan to Launch Its WiiWare Download Service for Original Games on May 12th.  Demos Not Included.  —  Where did you first find out about Nintendo's WiiWare service for original downloadable games?  Yep, right here on Level Up, where North American president …
MG Siegler / VentureBeat:
Nintendo's WiiWare platform to let independent developers get their game on
Om Malik / GigaOM:
Google & Its 99 Broadband Balloons  —  Google, according to The Wall Street Journal is thinking about teaming up with Space Data Corp., a company that sends balloons carrying small (micro) base stations about 20 miles up in the air for providing connectivity to truckers and oil companies.
RELATED:
Brandi Stewart / Fortune Small Business:
eBay seller strike starts, listings dip  —  EBay's listings appear to be down 3% since this week's seller strike began, but separating the boycott's effects from standard daily fluctuations is a tricky task.  —  (FORTUNE Small Business) — Monday marked the start of a week-long eBay (EBAY …
Nivi / Venture Hacks:
T-Shirts for VCs  —  Hilarious new t-shirts for the “top 2/20%” (get it?) of the population from VC Wear.  —  There are more awesome t-shirts at VC Wear as well as a Powerpoint Pitch and a Buy it (the company) Now button.  —  There's truth in every t-shirt.
Discussion: Valleywag
Ashkan Karbasfrooshan / HipMojo.com:
Why Most VC-Backed, Ad-Supported Companies Are Doomed to Fail  —  Most of the web projects out there are ad-supported, or intend to be ad-supported.  —  While a lot of companies are bootstrapped, most are financed by angel investors or venture capitalists.
Ryan Block / Engadget:
Microsoft announces games for Zune via XNA Studio  —  Looks like games are coming for the Zune after all!  Microsoft just announed XNA Studio developers will be able to use the Zune as a multiplayer wireless mobile gaming platform.  Details are sparse at this point, but it looks like it's …
Ina Fried / CNET News.com:
Gates on Yahoo: It's the people  —  PALO ALTO, Calif.—Bill Gates is willing to pay a lot for engineering talent.  —  Asked what makes Yahoo worth more than $40 billion, Gates pointed not to the company's products, its huge base of advertisers or its market share, but rather to the company's engineers.
RELATED:
Greg Sterling / Search Engine Land:
Gates On Yahoo Acquisition: It's The Engineers We Want
Discussion: CNET News.com
Brad Linder / Download Squad:
Microsoft releases Windows XP SP3 RC2  —  Microsoft has released Windows XP Service Pack 3 Release Candidate 2 to the general public.  For the last few weeks the latest pre-release version of SP3 was only available to about 15,000 beta testers.  But now you can download the update from Microsoft's servers using Windows Update.
Discussion: WinBeta
RELATED:
Nick White / Windows Vista Team Blog:
Update on Windows Vista SP1 Prerequisite KB937287
Reuters:
Sprint expected to undercut rivals' call plans  —  NEW YORK (Reuters) - No. 3 U.S. mobile service provider Sprint Nextel Corp (S.N) is expected to offer flat-rate calling plans at up to a 40 percent discount to its rivals, hurtling the industry into a price war, analysts said on Wednesday.
Henry Blodget / Silicon Alley Insider:
How Much Will Yahoo's New Severance Plan Cost Microsoft?  —  Yahoo's new severance/retention plan is the envy of every employee on earth (details here).  So how much will it cost an acquirer?  At least $1 billion and possibly as much as $3 billion.  —  The most expensive aspects …
Shel / Global Neighbourhoods:
Forrester's New Online Communities Report  —  I was interviewed for the new Forrester Report on Online Communities that was released yesterday.  Actually, as I recall, Jeremiah asked folks on Twitter for a definition of online communities and he liked mine.  He was the report's primary author.
Doug Aamoth / CrunchGear:
Wired tells us how to convert HD DVD to Blu-ray  —  Holy crap, this almost seems like more trouble than it's worth but if you're looking to convert your “old” HD DVDs to Blu-ray, Wired's How-To Wiki has got you covered.  You'll need a fast Windows machine, an HD DVD drive, a Blu-ray burner …
Jonathan Richards / Times of London:
Hacker breaks link between iTunes and the iPod  —  Software letting iTunes users copy music and video to mobile phones has been released by the hacker known as DVD Jon  —  A notorious Norwegian hacker known as DVD Jon is preparing for another run-in with the music industry after he released software …
 
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 More Items: 
Darren Rowse / ProBlogger Blog Tips:
Conversations with an Underground Text Link Seller
Allen Stern / CenterNetworks:
In My Job Engagement Means.... (fill in the blank)
Discussion: NewTeeVee
Enigmax / TorrentFreak:
Norwegian Police Deal Massive Blow to MPAA Lawyer
Discussion: Digg
ReadWriteWeb:
Link Attraction Factors: Getting Dugg and Going Viral
Discussion: The Last Podcast
Matt Buchanan / Gizmodo:
Next-Gen Microsoft PC Concept Attaches to Your Neck Like a Symbiote …
Nancy Gohring / InfoWorld:
BlackBerry network down again on Wednesday
Discussion: CNET News.com
Roy Mark / eWeek:
Bain-3Com Deal Hits the China Skids
Discussion: Valleywag
Erick Schonfeld / TechCrunch:
NewsClipper Brings All The News Video from Around the Web to One Place
 Earlier Items: 
Niro / Nir Ofir:
Olympic committe says yes to bloggers!?! No!
Robert Vamosi / CNET News.com:
The myth of the Ninja Hacker
Discussion: eWeek
Chris Williams / The Register:
Shamed ‘alternative medicine’ quack silences web critic
Discussion: Techdirt
Brooke Crothers / CNET News.com:
Dell launches Inspiron notebooks with ‘Penryn’ chip
Ernesto / TorrentFreak:
EU Invests $22 Million in Next-Generation BitTorrent Client
Chris Williams / The Register:
BBC mulls dropping Flash as iPlayer meets iPhone
Discussion: Adobe, last100 and All News Feeds
Thomas Ricker / Engadget:
HP's UMPC 2133 to cost $630 when shipping in April?
Michael Arrington / TechCrunch:
GenieTown Launches To Tackle Local Services