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11:05 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.
Discussion: Joe Duck
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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 …
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!
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
Jesusdiaz / Gizmodo:
MSI Wind Running Mac OS X Also Thinks It's a Mac Pro  —  It's not even out yet and people have already hacked Mac OS X to run on the MSI Wind.  Like with other non-Apple Leopard boxes, the little computer believes it is a Mac Pro, which is OK because we all want to be Mac Pros when we grow up.
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.
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
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
 
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 More Items: 
Davidw / Joho the Blog:
[reboot] Jyri Engestrom on “Nodal Points”
Discussion: Infocult
Vinicy Chan / Reuters:
China Mobile says iPhone talks scale biggest hurdle
Bob F / I, Cringely . The Pulpit | PBS:
Go Home, Bill  —  This is the last week of full-time work …
Michael Arrington / TechCrunch:
Yahoo Loses One Of Their Top Deal Guys - One More Exec Gone
Discussion: HipMojo.com and Startup Meme
 Earlier Items: 
Ken Belson / New York Times:
With Wireless Network, City Agencies Have More Eyes in More Places
Matt Richtel / New York Times:
Venture Investors Wrap Up an Unusually Bleak Quarter
Chris Albrecht / GigaOM:
Meet Tech Teentrepreneur Daniel Brusilovsky
Michael Arrington / TechCrunch:
EMI Music Sues Hi5, VideoEgg and Ten Defendants To Be Named Later