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1:35 PM ET, January 7, 2009

Techmeme

 Top Items: 
New York Times:
Satyam Chief Admits Huge Accounting Fraud  —  NEW DELHI — Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, significantly inflated its earnings and assets for years, the chairman and co-founder said Wednesday …
RELATED:
Romit Guha / Wall Street Journal:
Satyam's Chairman Resigns  —  BANGALORE — Satyam Computer Services Ltd. Chairman B. Ramalinga Raju Wednesday resigned admitting to falsifying company accounts and inflating revenue and profit figures over several years, sending the company's shares plunging 78%.
Sumeet Chatterjee / Reuters:   Accounting scandal at Satyam could be India's Enron
Sun Microsystems:
Sun Microsystems Expands Cloud Computing Offerings with Acquisition of Q-layer  —  Q-layer Technology Simplifies Cloud Computing Development and Deployment  —  Sun Microsystems, Inc. (NASDAQ: JAVA) today announced it has acquired Q-layer, a cloud computing company that automates the deployment …
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Jim Goldman / Tech Check with Jim Goldman:
A Smaller CES, But Big Tech News Still Expected  —  () ], Intel [INTC Loading...  () ], Sony [SNE Loading...  () ] and so many others didn't make their fortunes focused on today and tomorrow.  —  They're all about the future, which is particularly important in today's current economic climate.
Discussion: Reuters, Beyond Binary, LiveSide and Gearlog
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Ritsuko Ando / Reuters:
Verizon says in mobile search deal with Microsoft  —  Verizon Communications Inc (VZ.N) said it agreed to a mobile search deal with Microsoft Corp (MSFT.O) and that details will be announced later on Wednesday.  —  Chief Executive Ivan Seidenberg said Microsoft Chief Executive Steve Ballmer …
Sinead Carew / Reuters:
Verizon Wireless plans to support Kindle rivals
Elinor Mills / CNET News:
Yelp user faces lawsuit over negative review  —  San Franciscan Christopher Norberg went to a chiropractor after being injured in a car accident in 2006.  After a disagreement with the chiropractor over billing, he posted a negative review of the business on Yelp suggesting that the doctor was dishonest.
Renai LeMay / CNET News:
Windows 7 beta: First impressions  —  Windows 7 could be one of Microsoft's greatest operating systems, if it fulfills the promise shown by the unofficial beta version (build 7000) we have been testing for the past couple of days.  —  Let me preface these quick impressions of Redmond's latest opus …
Mark Zuckerberg / Facebook Blog:
A Great Start to 2009  —  Today, we reached another milestone: 150 million people around the world are now actively using Facebook and almost half of them are using Facebook every day.  This includes people in every continent—even Antarctica.  If Facebook were a country …
Brad Stone / New York Times:
Want to Copy iTunes Music?  Go Ahead, Apple Says  —  SAN FRANCISCO — In moves that will help shape the online future of the music business, Apple said Tuesday that it would remove anticopying restrictions on all of the songs in its popular iTunes Store and allow record companies to set a range of prices for them.
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Market Wire:
T-Mobile USA to Offer Customers the Thinnest and Lightest Full-QWERTY BlackBerry Smartphone  —  New BlackBerry Curve 8900 Smartphone Delivers GPS, Wi-Fi, Enhanced Multimedia Capabilities and More  —  BELLEVUE, WASHINGTON and WATERLOO, ONTARIO—(Marketwire - Jan. 7, 2009) -
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IEBlog:
IE8 Blocker Toolkit Available Today!  —  We believe IE8 helps make browsing the web faster, easier, safer and more reliable.  To help our users be more secure and up-to-date, we will distribute IE8 via Automatic Update (AU) and the Windows Update (WU) and Microsoft Update (MU) sites much like we did for IE7.
RELATED:
Thomas Ricker / Engadget:
Asus' Eee Keyboard revealed  —  The Eee train won't stop until all consumer electronics have been assimilated.  Today Asus introduced the world to the Eee Keyboard, a full-sized keyboard with built-in PC including WiFi (and Ethernet), speaker, mic, and 5-inch interactive display and touchscreen.
RELATED:
Constantinos Michael / Google Mobile Blog:
Getting directions to businesses now easier on Google Maps for mobile  —  One of my favorite things about Google Maps for mobile is finding businesses on the go.  Today we launched a server-side change that makes it easier to get directions to businesses.  You can now get directions to restaurants …
Kevin C. Tofel / jkOnTheRun:
Forget SDHC: SDXC Holds 2-Terabytes  —  Still struggling to remember the difference between SD and SDHC?  Then you don't want to hear about SDXC, which is a new standard from the SD Association.  Secure Digital eXtended Capacity is the new name and with it comes huge leaps in flash storage capacity.
Eric Savitz / Tech Trader Daily:
Intel: Q4 Revs Fell 20%; Well Below Previous Guidance  —  Intel (INTC) this morning said it expects Q4 revenue of about $8.2 billion, down 20% sequentially and 23% year over year, and below its previous projection of $9 billion, plus or minus $300 million, which it provided on November 12.
Simon Sage / IntoMobile:
LG Announces Watch Phone … Like we mentioned last night, LG has announced their 3G HSDPA, video conferencing watch phone today, model number LG-GD910, which is due for Europe this year.  Just about as stylish as the Prada Link, isn't it?  The CEO was a little tenative to show off the features …
Discussion: Gearlog
James Falconer / IntoMobile:
HTC Posts Increased Revenues for 2008  —  HTC has posted their 2008 numbers, and if you're a fan/fanboy/fangirl of the company... You will want to give me a high five. *high five*  —  Digitimes reports the details: … Moving forward to 2009, HTC is aiming for revenue growth of around 20%.
Declan McCullagh / CNET News:
Obama picks RIAA's favorite lawyer for a top Justice post  —  As a presidential candidate, Barack Obama won applause from legal adversaries of the recording industry.  Stanford law professor Larry Lessig, the doyen of the “free culture” movement, endorsed the Illinois senator, as did Google CEO Eric Schmidt and even the Pirate Party.
InfoWorld:
Recession be damned!  IT security spending up for some  —  The economy may be in tatters, along with legions of IT security budgets.  But a new report from Forrester Research suggests security spending is actually on the rise in some enterprises.  —  The Cambridge, Mass.-based research …
Discussion: eWeek
Erick Schonfeld / TechCrunch:
Power.com And Facebook Are Friends Again (Almost)  —  After being sued by Facebook in December for violating its terms of use, social-networking aggregator Power.com is now close to settling the dispute, we have been able to confirm.  The final settlement terms are still being ironed out, but are being reviewed by both sides.
Elaine Chow / Gizmodo:
Sony Walkman X-Series Is Surfable, Touchable and Shuts Up the World Around You  —  Sony's Walkman NWZ-X1000 features an OLED touchscreen, Wi-Fi and built-in noise cancellation and could re-seat the brand as the world's music player of choice... if it doesn't come with typical Sony prices.
Kim Zetter / Threat Level:
Weak Password Brings ‘Happiness’ to Twitter Hacker  —  An 18-year-old hacker with a history of celebrity pranks has admitted to Monday's hijacking of multiple high-profile Twitter accounts, including President-Elect Barack Obama's, and the official feed for Fox News.
Om Malik / GigaOM:
Bad Things (or Layoffs) Happen to Other People  —  Americans, by nature, are an optimistic bunch.  Even in tough times, there is something to be optimistic about.  Where others see the glass half empty, we see it as half full.  That is probably the only reasonable explanation for the findings …
 
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Day in the life of a recruiter with an idealist mindset: When hiring is slow  —  Back to another day in this dull economic climate.  Hiring freezes and layoffs are happening everywhere, while more and more candidates …
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 More Items: 
Janice Tibbetts / canada.com:
Facebook firing sparks ethics debate
Discussion: p2pnet
Dianne See Morrison / mocoNews.net:
China Issues Long-Awaited 3G Licenses
Dean Takahashi / VentureBeat:
LG shows off watch phone, mobile digital TV, and wireless video networking
Discussion: Reuters and Crave
Yahoo! Finance:
Time Warner Updates 2008 Business Outlook for Certain Financial Measures
Richard MacManus / ReadWriteWeb:
Report: Cloud-Based Email Cheapest Option for Most Companies
Jack Neff / AdAge:
J&J's BabyCenter to Close Online Store
Discussion: paidContent.org
Chris Ziegler / Engadget Mobile:
UiRemote is like a remote... in your iPhone
Discussion: Electricpig.co.uk
 Earlier Items: 
Kelvin Soh / Reuters:
Is it the end of the desktop PC?
Discussion: CloudAve
Mark Wilson / Gizmodo:
Asus T91: Your 1-inch Thick Convertible Eee PC
Michael Arrington / TechCrunch:
Here Come The 12 Inch Netbooks, And Intel Isn't Happy About It
Guardian:
The shape of things to come