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4:30 PM ET, May 16, 2009

Techmeme

 Top Items: 
Matt Marshall / VentureBeat:
Facebook raises $150 million more to cash out employees  —  Facebook has almost finished raising $150 million in capital, in an extraordinary move by the company to buy out shares of hundreds of regular employees.  —  Hundreds of the Palo Alto, Calif.'s employees have now toiled at the company …
Discussion: Silicon Alley Insider
Meg / meish dot org:
Game Web 2.Over?  —  This collage of web 2.0 logos should be pretty familiar to many people by now.  It's been knocking about for a few years, ever since the whole Web 2.0 Koolaid (what's the British equivalent?  Ribena?) started flowing.  —  During that time, I've seen it printed …
Wolfram:
Live, from Champaign!  —  Wolfram|Alpha just went live for the very first time, running all clusters.  —  This first run at testing Wolfram|Alpha in the real world is off to an auspicious start, although not surprisingly, we're still working on some kinks, especially around logging.
RELATED:
Larry Dignan / Between the Lines:
Wolfram/Alpha launches: Can it break out of niche-ville?
Discussion: Technologizer
C.K. Sample III / Sample the Web:
Fun with Wolfram Alpha
Michael Masnick / Techdirt:
New Danger Mouse CD Released As A Blank CD-R Due To Legal Fight With EMI  —  If you follow copyright issues, you're no doubt aware of Danger Mouse.  He's the DJ who got quite a lot of attention a few years back for creating one of the very first mainstream mashups — mixing the Beatle's …
Robin Wauters / TechCrunch:
This Is Getting Ridiculous: Cat Amasses Half A Million Twitter Followers In 3 Months  —  Ok, I dig Twitter and I understand why celebrities - who continue to flock to the service as if their careers and social status depend on it - manage to attract massive amounts of users following …
Jeff Jarvis / BuzzMachine:
First, stop the lawyers  —  There's some dangerously wrong-headed lobbying from media lawyers in today's Washington Post arguing for new laws to protect old media from new technology.  Bruce Sanford and Bruce Brown of Baker Hostetler argue that Congress should:
RELATED:
Washington Post:
Laws That Could Save Journalism
Thanks:atul
Michael Arrington / TechCrunch:
Longer Queries Driving Down Ad Impressions?  How About Bankrupt Advertisers?  —  Comscore has a fascinating post today talking about the relative decline in paid search ad clicks when compared to search query volume in the U.S. Search queries are up 68% in the last year, but paid clicks are up only 18% in the same period.
Discussion: Traffick
RELATED:
Michael Arrington / TechCrunch:
Digg Chief Architect Joe Stump Teams With Social Thing's Matt Galligan To Found Crash Corp.  —  It must be something in the air.  Spring perhaps.  But when high level employees start to leave perfectly good startups before a liquidity event, there's usually something pretty important that they think they need to work on.
Discussion: joestump.net and VTOR, Thanks:blogfisher
RELATED:
Jolie O'Dell / ReadWriteWeb:
Digg Lead Architect & Socialthing!  Founder Start Mobile Gaming Company
Discussion: Mashable!, Thanks:bobcaswell
MG Siegler / TechCrunch:
Apple Is Indeed Talking About Opening iPhone Background Tasks  —  As great as the iPhone is, it has one glaring weakness: The inability to run third-party applications in the background.  That badly cripples certain types of apps, such as those that do instant messaging, music streaming and location-based services.
Discussion: Daring Fireball
RELATED:
John Borthwick / Silicon Alley Insider:
The Rise Of Social Distribution Networks  —  Over the past year there has been a rapid shift in social distribution online.  I believe this evolution represents an important change in how people find and use things online.  —  At betaworks I am seeing some of our companies get 15-20% …
Thanks:atul
Nicholas Kolakowski / eWeek:
Google Outage Shows the Cloud May Not Be Enterprise-Ready  —  Table of Contents:  —  Google and other cloud-based services have been experiencing outages of several hours' duration throughout 2009.  While that may be fine for members of the general public, who can live with e-mail occasionally …
Andrew Warner / Mixergy.com:
PR Lies Destroy Your Understanding of How Business Really Works.  - With Owen Byrne  —  You know that much of what you learned about how businesses were built is bull, right?  It's a collection of anecdotes created by PR people whose job is to promote their clients-not to give us an honest business education.
Discussion: CenterNetworks
 
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 More Items: 
Elizabeth Woyke / Forbes:
Google's Gaffes  —  Two of the Internet giant's open competitions …
Tomio Geron / Venture Capital Dispatch:
Backed Into A Corner, Child Star Twitter Speaks!
Chris Dannen / Fast Company:
10 Questions About the Facebook Hack Attacks
Discussion: eWeek
David Eaves / eaves.ca:
Vancouver enters the age of the open city
Discussion: The Open Road, Open Source and open
Joe Wilcox:
Is Twitter @replies Change Ashton Kutcher's Fault?
Discussion: WebProNews and Pulse2
 Earlier Items: 
Nick O'Neill / All Facebook:
Facebook Prepares To Launch Live Video Chat Product
Discussion: Inside Facebook, NewTeeVee and Mashable!, Thanks:mrinaldesai
Gregg Keizer / Computerworld:
Google's Chrome was ‘hackable’ at Pwn2Own contest
Jacqui Cheng / Ars Technica:
crackho.com DNS prank ruffles Sarah Palin's feathers
Discussion: digg.com
Eric Eldon / VentureBeat:
Google improves Blog Search, but not by much
Tom Steinert-Threlkeld / Between the Lines:
Jeff Bezos, meet Tony Hsieh.  Zappos Moving into Electronics.  And More.