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7:35 AM ET, August 5, 2008

Techmeme

 Top Items: 
Jacqui Cheng / Infinite Loop:
Steve Jobs: MobileMe “not up to Apple's standards”  —  In an internal e-mail sent to Apple employees this evening, Steve Jobs admitted that MobileMe was launched too early and “not up to Apple's standards.”  The e-mail, seen by Ars Technica, acknowledges MobileMe's flaws and what could have been done to better handle the launch.
Eric Eldon / VentureBeat:
Facebook to let employees sell some stock — at internal $4 billion valuation  —  Facebook has an internal valuation of $4 billion, as we've previously reported.  It will begin letting current employees sell 20 percent of their fully vested stock options at that valuation, starting this fall, I've learned from well-connected sources.
RELATED:
Eric Eldon / VentureBeat:
LinkedIn, like Facebook, is letting employees sell some stock early  —  LinkedIn is letting employees sell up to twenty percent of their vested stock options at a $500 million valuation, I've learned from a source.  Another source tells me that the plan was announced at a recent company meeting, but they didn't give me the details.
Peter Kafka / Silicon Alley Insider:
Is Facebook Letting Employees Cash Out?  —  Facebook employees are in an enviable position: Each of them owns a small piece of a company that's worth billions of dollars, which means each of them is looking at the prospect of a windfall — one day.  But until Facebook sells or goes public …
Jon Stokes / Ars Technica:
Larrabee: Intel's biggest leap since the Pentium Pro  —  Since the primitive 4004 chip first designed for a line of calculators, Intel has been a processor company.  And in all of the company's decades of processor design and fabrication, Intel has seen only one truly disruptive change …
Discussion: Electronista, Forbes and GigaOM
RELATED:
Michael Arrington / TechCrunch:
Adaptive Path Releases Aurora To “Inspire And Engage” Community  —  Aurora (Part 1) from Adaptive Path on Vimeo.  —  Adaptive Path, a product development and consulting service in San Francisco, is releasing a new web interface concept called Aurora this evening.
RELATED:
Dan Harrelson / Adaptive Path:   Aurora: Open Source Design
Brad Stone / Bits:
Friendster Lives: New Cash, New C.E.O. and a New Strategy?  —  Don't count Friendster out yet.  —  The pioneering social network, surpassed by MySpace and Facebook in most of the world, is still going strong in Asia, and now it plans to build on its success there.
RELATED:
Jessica E. Vascellaro / Wall Street Journal:
New Friendster CEO Has Asia Focus  —  Former Google Executive To Lead Social Network Through New Chapter  —  Friendster Inc. — the most popular social network in the Asian-Pacific area — is adopting a new strategy focused on the region.  —  The social-networking site plans to announce Tuesday …
Discussion: TechCrunch and paidContent.org
Kaspersky Lab Weblog:
Social engineering on Twitter  —  This week it's Twitter's turn to host an attack - one that is targeting both Twitter users and the Internet community at large.  In this case it's a malicious Twitter profile twitter.com/[skip]/ with a name that is Portuguese for ‘pretty rabbit’ which has a photo advertising a video with girls posted.
Don Reisinger / Mashable!:
Why Apple and Facebook Need to Leave Apps Alone  —  According to numerous reports, Apple has taken down a popular free application called Box Office just days after it removed NetShare, then allowed it back onto the App Store over the weekend, only to take it down once again.
RELATED:
Brooke Crothers / CNET News.com:
Micron preps 256GB solid state drive  —  Micron Technology announced Tuesday that it will ship a series of solid state drives next quarter ranging up to 256 gigabytes in capacity, but at one-third the price per gigabyte of existing drives.  —  Micron's RealSSD-branded products are targeted …
Discussion: Gizmodo and Computerworld
Peter Kafka / Silicon Alley Insider:
Shawn Fanning's Incredible Shrinking Pay Day: EA Bought Game Company for $15M, Not $30M  —  From the can't-believe-everything-you- read department: Earlier this year, reports circulated (which we repeated) that Napster founder Shawn Fanning had finally made some real money by selling …
Discussion: Valleywag
Alana Semuels / L.A. Times Tech Blog:
Why is Sanjay Jha so popular on Google?  —  Who the heck is Sanjay Jha?  He had risen to the top of Google's Hot Trends rankings, which means he was being searched for vigorously.  —  People were probably looking for the Sanjay Jha who until recently was chief operating officer of Qualcomm, the San Diego-based chip maker.
RELATED:
The Technium:
A Trillion Hours  —  The web is pretty big.  Researchers at Google won't say how many pages Google indexes, but they recently said that their inspection of the web reveals that it has more than one trillion unique urls.  It's difficult to know what to count as a unique page, because as they explain …
Robert Vamosi / CNET News.com:
Black Hat 2008 promises to be big  —  Las Vegas - Black Hat 2008 is bigger, and some might say better.  Occupying most of the third and fourth floors of the convention hall at Caesar's Palace, the conference started on Saturday with two and four day training sessions which continue through Tuesday.
Eric Goldman / Technology & Marketing Law Blog:
“DVR as a Service” Isn't Copyright Infringement—Cartoon Network v. CSC Holdings  —  The Cartoon Network LP v. CSC Holdings, Inc., No. 07-1480-cv(L) & 07-1511-cv(CON) (2d Cir. Aug. 4, 2008)  —  The Second Circuit has issued an interesting and potentially important ruling that Cablevision's DVR …
Discussion: Informationoverlord
 
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 More Items: 
Thomas Claburn / InformationWeek:
Online Threats Cost Consumers $8.5 Billion Over Last Two Years
Theo Valich / TG Daily:
Nvidia interview Â"E3 was a disaster Nvision is the new E3Â"
Discussion: The Tech Report and WinBeta
Andrew Edgecliffe-Johnson / Financial Times:
Music industry ‘should embrace illegal websites’
Discussion: p2pnet, CrunchGear, Slashdot and Digg
David Griner / The Social Path:
Is Google's PG-13 virtual world doomed to be NC-17?
Wall Street Journal:
Web Piracy: The Enemy Within?
Discussion: Valleywag
Tenzin Pema / Reuters:
Internet companies agree on China code of conduct: report
John Casasanta / tap tap tap:
Donkeys and Pickaxes  —  iPhone App Store Sales Figures & Some Thoughts...
Anita Hamilton / Time:
Can the iPhone Rule Gaming?
 Earlier Items: 
Nate Anderson / Ars Technica:
Google backs ISP-guaranteed minimum data rates
Doc Searls Weblog:
The inhospitality business  —  When you charge somebody for a service …
Joe Sharkey / New York Times:
What a Chic New Bag. And X-Ray Friendly, Too.
Tracey John / MTV Multiplayer:
‘Diablo III’ Designer Turns Tables, Judges Fans' Screenshots
Discussion: Destructoid, Kotaku and Slashdot
MG Siegler / VentureBeat:
Got iBugs? Get your iPhone 2.0.1 software now
eWeek:
Linux to Outsell Windows in Mobile Internet Device Market
Discussion: PalmAddicts
Kara Swisher / BoomTown:
Yahoo Shareholder Vote Number-Crunching- Whither Cap Re's No Vote?
David Kravets / Threat Level:
Judge Hints at Mistrial in RIAA v. Jammie Thomas