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9:30 PM ET, June 28, 2008

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Want Some Facebook Stock At A $3 Billion Valuation?  We Know Who To Call.  —  Facebook may have talked a few investors, including Microsoft, Hong Kong billionaire Li Ka-shing and Germany's Samwer brothers, into investing in the company's preferred stockat a $15 billion valuation.
RELATED:
Peter Kafka / Silicon Alley Insider:
For Sale: Facebook Shares, 67% Off  —  What is Facebook really worth?  We know it's not worth $15 billion — earlier this week a federal court, ruling on the ConnectU case, confirmed that the company has already placed a different value on its shares than the one they publicly announced as part of last fall's Microsoft deal.
Discussion: HipMojo.com and Valleywag
Dave Winer / Scripting News:
State of the Twitter, June 2008  —  June was a terrible month in TwitterLand.  The service was down a lot.  It's basically down right now, has been for days — since the Replies tab doesn't work.  —  I've never seen anything like it.  A service so many people use that can't stay up.
RELATED:
Muhammad Saleem / ReadWriteWeb:   FriendFeed: One Feature to The Tipping Point
Rafat Ali / paidContent.org:
NBC's Totalitarian Olympics: More on Restrictions; Online Video Only After TV Broadcast  —  And here I was rejoicing that finally we could do away with the lame soft-focus athlete stories and parochial commentary from NBCU with this Olympics: Yes, the company will have 2,200 hours of live competition …
Discussion: Reuters and Silicon Alley Insider
RELATED:
David Bauder / Associated Press:
NBC offers wide online access for Beijing Olympics  —  NEW YORK - NBC is making more than 2,200 hours of live competition from Beijing available online, giving Olympic junkies more action than they could ever devour in a day.  —  After barely tipping its toe in the digital world during past Olympics …
Discussion: HipMojo.com and Mashable!
The Technium:
The Google Way of Science  —  There's a dawning sense that extremely large databases of information, starting in the petabyte level, could change how we learn things.  The traditional way of doing science entails constructing a hypothesis to match observed data or to solicit new data.
Discussion: Data Mining and A Networked World
The Boy Genius / Boy Genius Report:
Motorola Blaze for Verizon: the touch screen war hasn't stopped yet  —  Ooooh!  It's purdy and shiny.  Yes, yes, y'all — another Motorola scoop.  This time, we're switching gears from non-autofocusness to touch screens.  There's also very little doubt the Motorola Blaze isn't coming to Big Red.
Discussion: Engadget and Gizmodo
Matt Cutts / The Official Google Blog:
Using data to fight webspam  —  This post is the latest in an ongoing series about how we harness the data we collect to improve our products and services for our users.  - Ed.  —  As the head of the webspam team at Google, I'm in charge of making sure your search results are as relevant and informative as possible.
1938 Media:
Open Letter To Shel Israel - It's Over  —  When I first started my career, you made it a point to bury me online, and more importantly back channel as well.  This is a fact.  You and your crew went out of your way to take food off my plate.  I never forgot that, and now you have something you'll never forget.
Discussion: Scripting News
Mike Speiser / Laserlike:
Optimal startup burn rate and the Kelly criterion  —  In my last post, The Product, Part II: Technical architecture and the innovator's paradox I talked about the importance of staying in the game and linked to a Wikipedia article on the Kelly criterion.  In the comments, entrepreneur …
Discussion: yardley.ca and Texas Startup Blog
Michael Arrington / TechCrunch:
Yahoo Loses One Of Their Top Deal Guys - One More Exec Gone  —  As anyone could guess, the Yahoo executive exodus continues.  Kent Goldman, Yahoo's Director of Corporate Development and one of their top deal guys, is rumored to be leaving the company.  Goldman joined Yahoo in 2004 as Director …
Discussion: HipMojo.com and Startup Meme
Charlie Sorrel / Gadget Lab:
The Brains Behind the Image Fulgurator  —  Julius von Bismarck's ‘Image Fulgurator’ projects stealth images into the photographs of strangers, while keeping those images invisible to human eyes.  Depending on whom you ask, it's either a clever hack or an obnoxious intrusion.  Naturally, we had to find out more.
Discussion: Digg
Engadget:
Bill Gates: top ten greatest hits (and misses) - the Microsoft years  —  Damn, Bill, you have come a LONG way.  Look at you there back in '82, you handsome devil.  As part of our tribute, let's take a quick look back at the top ten greatest (and not so great) products created on Bill-time, shall we?
RELATED:
Bob F / I, Cringely . The Pulpit | PBS:   Go Home, Bill  —  This is the last week of full-time work …
 
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 More Items: 
Davidw / Joho the Blog:
[reboot] Jyri Engestrom on “Nodal Points”
Discussion: Infocult
Enigmax / TorrentFreak:
Malaysian Government Orders Torrent Sites Shutdown
Discussion: Mashable! and Digg
Vinicy Chan / Reuters:
China Mobile says iPhone talks scale biggest hurdle
Ken Belson / New York Times:
With Wireless Network, City Agencies Have More Eyes in More Places
 Earlier Items: 
Matt Richtel / New York Times:
Venture Investors Wrap Up an Unusually Bleak Quarter
Chris Albrecht / GigaOM:
Meet Tech Teentrepreneur Daniel Brusilovsky
Liz Gannes / NewTeeVee:
Chad Hurley: How We Did It  —  YouTube CEO Chad Hurley …