Yahoo Executive Joins Nintendo  —  Nintendo of America is underlining its commitment to trying to broaden the market for video games beyond the traditional younger, male player by hiring a sales and marketing chief with extensive experience with mainstream brands.

Source:   New York Times
Author:   Stuart Elliott
Link:   http://www.nytimes.com/2007/10/25/business/media…

Oink founder: We’re just like Google  —  An IT consultant suspected of operating one of the world’s biggest pirate music websites from a Middlesbrough bedsit said he had done nothing wrong.  —  Alan Ellis, 24, was arrested on Tuesday as part of an Interpol-led operation to shut …

Source:   Telegraph
Author:   Paul Stokes
Link:   http://telegraph.co.uk/news/main.jhtml?xml=/news/2007…

Microsoft on Facebook: The internal memo from Kevin Johnson  —  Microsoft just bought a small stake in Facebook for $240 million (more than Facebook’s 2006 revenues, which is interesting) on a $15 billion valuation.  Kevin Johnson, president of Microsoft’s Platform and Services Division …

Source:   The Open Road
Author:   Matt Asay
Link:   http://blogs.cnet.com/8301-13505_1-9804329-16.html

Facebook Rumors: Making Friends with More investors  —  Two hedge funds from New York have apparently jumped into the Facebook deal.We’ve got our ear to the ground to figure out who it is but each put in about $250 million—for $500 million total—at the same valuation as Microsoft Corp.

Source:   MEETblog
Link:   http://blogs.forbes.com/meetblog/2007/10/facebook…

Comcast Reports Third Quarter 2007 Results  —  13% growth in Cable Operating Cash Flow  —  Board of Directors authorizes $7 billion increase to Share Repurchase  —  Repurchased $1.9 billion year to date or 70 million Comcast shares  —  Financial Tables

Source:   Comcast
Link:   http://www.cmcsk.com/phoenix.zhtml?c=118591&p=irol…

Facebook Raises Another $500 Milion  —  Forbes’ Elizabeth Corcoran, reporting from the magazine’s MEET Conference in L.A., says Facebook raised another $500 million yesterday in addition to Microsoft’s $240 million.  The money is supposed to have come from two NYC-based hedge funds …

Source:   Silicon Alley Insider
Author:   Peter Kafka
Link:   http://www.alleyinsider.com/2007/10/facebook-raises…

More gnashing of teeth after Microsoft update brings PCs to a standstill  —  Resource-hogging search app sprung on reluctant admins  —  Something seems to have gone horribly wrong in an untold number of IT departments on Wednesday after Microsoft installed a resource-hogging search application …

Source:   The Register
Author:   Dan Goodin
Link:   http://www.theregister.co.uk/2007/10/25…

Reports of PodTech’s demise are bull####  —  It’s amazing.  A fake blogger, Fake Steve Jobs, reports that PodTech is closing down.  This is total, 100% bull####.  Not even deserving of a response.  I’m not leaving PodTech.  When, er if, I am you’ll read it here on my blog.

Source:   Scobleizer
Author:   Robert Scoble
Link:   http://scobleizer.com/2007/10/25/reports-of-podtechs…

PodTech Heading Towards The Deadpool?  —  Fake Steve Jobs aka Daniel Lyons has written that he’s heard that PodTech will be closing up shop with an announcement imminent.  —  We can’t confirm the rumor although I have pinged Robert Scoble asking him to comment.  If we get a response we’ll publish it.

Source:   TechCrunch
Author:   […]

Oh snap!  Faceberg raises another $500 million  —  Word up.  Hot on the heels of the big investment by the Borg only a few hours ago, Facebook has now landed another $500 million from two hedge funds in New York.  At the same $15 billion valuation.  It is on, people.

Source:   The Secret Diary of […]