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6:55 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 …
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 …
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
Randall Stross / New York Times:
Just Browsing?  A Web Store May Follow You Out the Door  —  IF you try on a sweater in a department store dressing room, but choose not to buy it, a persistent sales clerk won't pursue you into the street yelling, “Hey, are you sure?”  Nor will you receive a call at your home the next …
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 …
Sarah Lacy / TechCrunch:
Is Sequoia China in Trouble?  —  BEIJING, CHINA- Starbucks is a franchise in China that worked.  The company opened locations at the bottom of all the major tourist hotels and downtown areas where returning Chinese, expats and business people traveling to China would pop in for some familiarity …
Thanks:atul
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
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 …
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
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.
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
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 More Items: 
Andrew Warner / Mixergy.com:
PR Lies Destroy Your Understanding of How Business Really Works.
Discussion: CenterNetworks
Elizabeth Woyke / Forbes:
Google's Gaffes  —  Two of the Internet giant's open competitions …
 Earlier Items: 
Tomio Geron / Venture Capital Dispatch:
Backed Into A Corner, Child Star Twitter Speaks!
Nick O'Neill / All Facebook:
Facebook Prepares To Launch Live Video Chat Product