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11:10 AM ET, July 18, 2008

Techmeme

 Top Items: 
Rafat Ali / paidContent.org:
Google Buys Russian Contextual Ad Firm From Rambler For $140 Million  —  We have recently written about a flurry of Russian online deals, and this is among the bigger ones that have happened in the last year or so: Google has bought contextual advertising company ZAO Begun from it parent …
RELATED:
Jon Murchinson / Google:
Google To Acquire Russian Context Ads Service Begun  —  Combination Will Create New Opportunities for Russian Users, Publishers and Advertisers  —  Google (NASDAQ: GOOG) announced today that it has signed an agreement with Rambler Media to acquire ZAO Begun ("Begun"), a leading Russian …
Discussion: Search Engine Land
Svetlana Gladkova / Profy.Com:
Google Monopolizes Contextual Ads Market Further - Buys Russian Begun
Discussion: Mashable!
Mike Butcher / TechCrunch:   Google Buys Russian Contextual Ads Service for $140m
Edward Kirk / iPhone Alley - RSS:
AT&T Finally Announces Free Wi-Fi For iPhone Users  —  in - news - AT&T - free stuff - Wi-Fi  —  Fantastic news from a friend with sharp eyes.  AT&T has finally done something great for iPhone owners.  No, they're not unlocking the iPhone.  They're not giving it away for free, although it does involve “free”.
PR Newswire:
Legg Mason Capital Management to Support Yahoo! Directors at Yahoo! 2008 Annual Meeting  —  BALTIMORE, July 18 /PRNewswire-FirstCall/ — Bill Miller, Chairman and Chief Investment Officer of Legg Mason Capital Management (NYSE: LM - News), has released the following statement:
RELATED:
Charles Cooper / CNET News.com:
Icahn's latest lament: Et tu, Legg Mason?  —  This wasn't the sort of reaction Carl Icahn was expecting from his former buddies on Wall Street.  Legg Mason Capital Management, which controls about 4.4 percent of outstanding Yahoo stock, plans to back management at the company's shareholders meeting next month.
Peter Kafka / Silicon Alley Insider:
Yahoo On Icahn: Seriously, Why Would You Ever Trust This Spent, Doddering Old Man?
Discussion: BoomTown and Between the Lines
Saul Hansell / Bits:
Google Deliberately Sells Fewer Ads — and May Have Gone Too Far  —  Listening to Google's executives on their conference call with investors Thursday afternoon, you'd never know that the company's second-quarter results fell short of expectations and its shares plummeted 10 percent in after-hours trading.
Discussion: p2pnet, Furrier.org and New York Times
RELATED:
Google Investor Relations:
GOOGLE ANNOUNCES SECOND QUARTER 2008 RESULTS
Stephen Shankland / CNET News.com:
Schmidt: YouTube + ads = ‘holy grail’
Sarah Lacy / Business Week:
On-Demand Computing: A Brutal Slog  —  The tough reality of the on-demand game is taking its toll on software companies hoping to make a mint distributing their wares via the Web  —  The Internet revolutionized the distribution of software—perhaps a bit too much.
Discussion: Rough Type and Beyond Search
Om Malik / GigaOM:
Why Silicon Valley Should Be Worried  —  We have short memories in Silicon Valley, which is both a blessing and a curse.  We forget the bad times as quickly as we forget the good times.  —  At the turn of the century, everything went to hell with the dot-com bust.
RELATED:
SmoothSpan Blog:
Google Anti-Gravity Ray is Fading
Noam Cohen / Bits:
Wikipedia Tries Approval System to Reduce Vandalism on Pages  —  Wikipedia is considering a basic change to its editing philosophy to cut down on vandalism.  In the process, the online encyclopedia anyone can edit would add a layer of hierarchy and eliminate some of the spontaneity that has made the site …
Adrian Kingsley-Hughes / Hardware 2.0:
iPhone 3G GPS - Is it too small in the antenna department to be any good?  —  Ever since reading David Pogue's review of iPhone 3G I've been puzzling over something he said in relation to the GPS receiver.  Specifically, is it too small in the antenna department to be any good?
James Sherwood / The Register:
Brits won't get PS3 movie, TV downloads until 2009  —  If you're a European resident itching to download video content through the PlayStation Network, then Sony's not your PAL - literally.  —  The President of Sony Computer Entertainment Europe, David Reeves, has confirmed that the PS3 video store …
Discussion: last100
Microsoft:
Microsoft's Annual Revenue Reaches $60 Billion  —  Fastest annual revenue growth since 1999 fuels 32% increase in earnings per share  —  Segment Revenue/Operating Income (Loss)  —  Listen to the Webcast Earnings Release  —  Microsoft Corp. today announced revenue of $15.84 billion …
RELATED:
Stacey Higginbotham / Business Week:
Venture Capital Loves Virtual  —  An army of startups developing tools to enhance our virtual lives attracted $345 million in venture investment in the first half of the year  —  Startups selling virtual goods and offering virtual experiences are raking in the venture capital these days.
Discussion: DealBook
RELATED:
louisgray.com:
Twitter Chokes Unauthenticated API Requests By IP, Sites Gasp for Air  —  Twitter's struggles with handling high user load have been well documented.  To help the embattled site stay up between Fail Whales, they've at times reduced features to just try and keep afloat, blocking the replies tab …
Michael Masnick / Techdirt:
Locksmiths Pissed Off At Geeks For Letting Out The Secret: Lockpicking Is Easy  —  from the without-the-internet,-we'd-all-be- safe dept  —  As I've mentioned before, back in high school, I had an art teacher who taught me both how to pick locks and how to make lockpicks (it was a fun class).
Discussion: Gizmodo
DigiTimes:
New Apple notebook orders to buoy up Taiwan PCB makers sales and profit  —  As Apple is said to have increased its procurement of notebook-use printed circuit boards (PCB) by 20% on quarter in the third quarter, with most of the ordered PCBs being high-interconnect density (HDI) boards …
Michael Arrington / TechCrunch:
Amazon To Target $5.5 Billion Textbook Market With New Kindle?  —  Earlier this week Crunchgear broke the news on two new upcoming Kindle models: a smaller form factor Kindle to be released this year ahead of the holidays, and a large screen (probably 8.5×11) to come sometime next year.
Discussion: SmoothSpan Blog
Eric Eldon / VentureBeat:
PodTech purchased by ViewPartner for less than half a million, ending a bloody story  —  PodTech, a company that publishes online and downloadable videos about new technology, has been sold — for less than half a million dollars, I've learned — to ViewPartner, a communications technology company.
RELATED:
Mathew / mathewingram.com/work:   Podtech failure: Scoble's lessons
 
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 More Items: 
Todd R. Weiss / LinuxWorld.com:
SCO loses another round in Unix fight, to pay Novell $2.55M
Discussion: TG Daily and InfoWorld
Robb Topolski / Public Knowledge:
George Ou: Protocol Agnostic doesn't mean Protocol Agnostic
Ionut Alex Chitu / Google Operating System:
Google Docs in Full Screen
Marshall Kirkpatrick / ReadWriteWeb:
Corporate Social Networks Are A Waste of Money, Study Finds
DigiTimes:
Intel Bloomfield CPU pricing reveals pleasant surprise
Discussion: Engadget
Daisy Whitney / TVWeek.com:
Hulu Users Happy With Site and Tech-Savvy but Not Numerous
Gregg Keizer / Computerworld:
iPhone 3G shortage to last two to four weeks, analyst says
Allan Leinwand / GigaOM:
Why Metered Broadband Is Bad for Microsoft, Google & Us
 Earlier Items: 
Ryan Kim / San Francisco Chronicle:
Ubisoft exec: 'Now it's like a pipe-fitters show in the basement'
Discussion: GamesIndustry.biz
Frederic Lardinois / ReadWriteWeb:
Twinkle: Location Aware Twitter Client
Norman Chan / Maximum PC:
Take That, Jessica Chobot and Olivia Munn! …
Discussion: Gizmodo and Engadget
Joshua Topolsky / Engadget:
Unlocked iPhone 3G available for direct shipment from Hong Kong, no catch at all
Karl Bode / DSLreports:
Nation's Largest ISPs Crafting Fake National Broadband Policy …
Frederic Lardinois / ReadWriteWeb:
Google Gears Coming to Gmail and Google Calendar Soon
Todd Bishop / Todd Bishop's Microsoft Blog:
PS3 sales rise on Metal Gear Solid 4 demand
Corvida / SheGeeks:
Twitter's New Redesign