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12:10 PM ET, January 25, 2009

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Twitter Raising New Cash At $250 Million Valuation  —  Twitter, which just recently turned down a half billion dollar acquisition offer from Facebook (albeit to be paid mostly with Facebook stock), is dipping back into the venture capital market, we've heard from a source with knowledge of the deal.
Robert Darnton / New York Review of Books:
Google & the Future of Books  —  How can we navigate through the information landscape that is only beginning to come into view?  The question is more urgent than ever following the recent settlement between Google and the authors and publishers who were suing it for alleged breach of copyright.
Erick Schonfeld / TechCrunch:
Video: Steve Jobs Giving His First Big Demo  —  Twenty five years ago today, on January 24, 1984, Steve Jobs gave the first on-stage demonstration of the Macintosh computer to a packed auditorium.  The technology was much different then, but it was the same Steve Jobs: a masterful showman able …
RELATED:
Dave Winer / Scripting News:
What made the Mac different  —  Rex Hammock: “It's hard to convey to my kids how radically different the Mac was from any consumer-oriented computer that came before.”  —  So here's a list of things, off the top of my head, that made the Mac radically different from any other computer, 25 years ago, from my point of view.
Discussion: ReadWriteWeb and Quick Online Tips
Robert Scoble / Scobleizer:
Facebook screws iFart author  —  You couldn't make this stuff up if you tried.  —  OK, I'm on the phone with Joel Comm right now.  He's been doing business online since 1995.  He's the co-creator of Yahoo Games.  He wrote the Adsense Code, which got onto New York Times best selling list.
Kara Swisher / BoomTown:
Carol Bartz's First-Week-at-Yahoo Memo to the Troops  —  With Yahoo earnings expected to be dismal when the company reports fourth quarter earnings this Tuesday afternoon, new Yahoo CEO Carol Bartz is going to have to hang tough.  —  And she certainly seems capable of that.
Discussion: Silicon Alley Insider
Leslie Berlin / New York Times:
Cellphones as Credit Cards?  Americans Must Wait  —  A wave of a cellphone replaces the swipe of a credit card in a pilot program involving MasterCard PayPass, right.  At left, a phone is used to pay for items at a Tokyo candy stand.  Account information can be embedded in the phone.
Discussion: Phone Arena and textually.org
Michael Arrington / TechCrunch:
Stories From The Tell-All MySpace Book  —  Wall Street Journal editor Julia Angwin's tell-all book about MySpace is set for official publication on March 17, 2009.  We've got our hands on a draft of the 268 page book.  Some of the more interesting stories are below (you can pre-order it here).
Discussion: All Facebook
Jesse Stay / louisgray.com:
Learn More About Who You Follow With TweepSearch  —  By Jesse Stay of Stay N' Alive (Twitter/FriendFeed)  —  Damon Cortesi, the man behind TweetStats, DM Whacker, and First Follow, has just made my life a whole lot easier by allowing me to learn more about the people I follow through search.
Ellen Messmer / Network World:
Downadup/Conflicker worm: When will the next shoe fall?  —  Concerns raised about second-stage payload  —  Watch a slideshow of the 10 worst moments in network security history.  —  “It has the potential to infect about 30% of Windows systems online, a potential 300 to 350 million PCs,” …
Discussion: Slashdot
Dean Takahashi / VentureBeat:
Microsoft's Chris Early, head of Games for Windows Live, among the layoffs  —  The fallout from the layoffs announced by Microsoft on Thursday continues: Among the casualties is Chris Early, general manager of Games for Windows Live, the online gaming service for gamers who play on personal computers.
Samantha M. Shapiro / New York Times:
Revolution, Facebook-Style  —  Only a few hours after Israel's first air strike against Hamas positions in the Gaza Strip late last month, more than 2,000 protesters marched through the streets of downtown Cairo, carrying Palestinian flags.  This began what would become weeks of protests …
 
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 More Items: 
Daniel Jacobs / International Business Times:
Hacker wins court review
Discussion: DailyTech and CNET News
Rich Karpinski / TELEPHONY Magazine:
Comcast's Congestion Catch-22
Discussion: Slashdot
Justin Gardner / Donklephant:
Obama To Launch Recovery.gov
Discussion: Slashdot and Mashable!
Dan Frommer / Silicon Alley Insider:
What A Nigerian Facebook Scam Looks Like
Discussion: louisgray.com
Computerworld:
Microsoft may shutter Popfly Web mashup tool
Discussion: PC World
 Earlier Items: 
Jeff Jedras / PC World:
IBM Confirms Layoffs
Discussion: Computerworld
Chris O'Brien / Mercury News:
Silicon Valley entrepreneurs still thinking big
John Resig:
OCR and Neural Nets in JavaScript
Discussion: Ajaxian
Digital Music News:
ASCAP Targets “Copy Left / Free Culture” Enemy...
Discussion: TeleRead
 

 
From Mediagazer:

Mark Stenberg / Adweek:
Sources: Amazon plans to shut its FAST service Freevee in the coming weeks, as part of a broader effort to focus its ad and product efforts on Prime Video

Corbin Bolies / The Daily Beast:
Newsmax joins the New York Post's editorial board and other right-leaning outlets criticizing a pair of Florida bills making it easier to sue for defamation

Amelia Pollard / Bloomberg:
Filing: a US court gives Audacy, the second-largest radio broadcaster in the US, approval to exit bankruptcy, slashing ~$1.7B of its debt in a restructuring

 
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