Social networking company Facebook recently held acquisition talks with Twitter, the micro-blogging company, the Financial Times said.

The negotiations, put a valuation of as much as $500 million on Twitter, which has become one of Silicon Valley’s most closely watched start-ups, the paper said.

The talks, which were first reported by the AllThingsD blog, were confirmed to the paper by two people familiar with the situation.

Facebook offered to pay for the acquisition in stock, the paper said, citing a person close to the situation.

Blockbuster Inc on Monday said it would roll out a new digital media player that brings fewer, but more recent titles from the Internet to consumers’ televisions than a six-month old offering from rival Netflix Inc.

The MediaPoint player by broadband device maker 2Wire allows Blockbuster customers to download high-definition quality movies to their TVs via broadband lines for $1.99 apiece, after an initial $99 for the box and 25 films.

Consumers have 30 days to watch a film once it is downloaded to the set-top box, and must finish watching it within 24 hours of pushing the “play” button.

Facebook has a won $873 million judgment against a Canadian man who bombarded the popular online hangout with sexually explicit “spam” messages.

The victory, sealed with a judge’s order issued last Friday, probably won’t yield a windfall for privately held Facebook Inc., whose revenue this year is expected to range between $250 million to $300 million.

Court records indicate the alleged spammer, Adam Guerbuez of Montreal, has been difficult to find since Facebook sued him four months ago.

But Facebook is hoping the size of the judgment will scare off other spammers who might be tempted to target the Palo Alto, Calif.-based company’s audience of more than 120 million users.

Source: AP

High definition Blu-ray disc players may be one of the holiday season’s best sellers, but they will still fall short of expectations, due to the tough economy, the head of Sony’s U.S. electronics unit said.

Sales of the next-generation movies players, developed by Sony and sold under brands including Panasonic and Samsung, could benefit from a late shopping spurt as budget conscious U.S. consumers find deals, Stan Glasgow told Reuters in an interview on Thursday.

But they will not meet the worldwide target of 5 million units, most of which had been expected to sell in the United States.

“It’s not that far off of it,” he said. “Maybe 10 percent off of what we had thought. It’s truly one of the items that has performed well during this economic mess.”

After the U.S. Thanksgiving holiday on November 27, electronics retailers are expected to slash prices of Blu-ray players — which originally sold for as high as $1,500 in 2006, — to as low as $150 per unit, experts said.

Sales of Blu-ray players, which promise higher quality video and audio to viewers with HD televisions, have been hampered by retail prices on movie discs, which can top $30 a piece.

A Web site owned by Sony Corp is expected on Monday to unveil a slew of new Internet programs in the latest move by a division of a major media company to bolster online entertainment.

The shows on Crackle.com include sketches by L.A. comedy troupe “The Groundlings,” and a five-minute talk show called “Anytime with Bob Kushell” hosted by a Hollywood writer.

Crackle and parent company Sony Pictures Entertainment, the media wing of Sony Corp., have borrowed from television by rolling out Web shows in “seasons,” marking a change of the haphazard way “webisodes” often appear online as soon as they are made.

Crackle’s new season begins on December 1. The shows, which use the kinds of production techniques that Sony Pictures puts into movies and TV, resemble other online programing by staying short, often no more than five minutes long.

The Pentagon has banned, at least temporarily, the use of external computer flash drives because of a virus threat officials detected on Defense Department networks.

While defense officials would not publicly confirm the ban, messages were sent to department employees informing them of the new restrictions. As part of the ban, the Pentagon was collecting any of the small flash drives that were purchased or provided by the department to workers, according to one message distributed to employees.

Workers are being told there is no guarantee they will ever get the devices back and it is not clear how long the ban will last.

Pentagon spokesman Bryan Whitman would provide no details on the virus Friday, but he described it as a “global virus” that has been the subject of public alerts.

Hundreds of people lined up at some Verizon Wireless stores on Friday to buy the BlackBerry Storm, the first touch-screen phone from Research In Motion that aims to compete with Apple’s iPhone.

More than 200 people had waited at a Verizon store in mid-town Manhattan early in the morning, many of whom were turned away after it ran out of the new phones less than an hour after opening at 8 a.m. The angry customers caused a ruckus and police came to restore order.

Verizon said hundreds of others were in lines outside its stores up and down the U.S. east coast, but added that it had “plenty of phones” and would keep getting more shipments. It declined to give specifics on inventory levels.

A Florida teenager committed suicide by drug overdose in front of a webcam streaming live video to the Internet and some viewers may have egged him on, authorities said on Friday.

Abraham Biggs Jr., 19, was found in the bedroom of his home in Pembroke Pines, Florida, on Wednesday and an autopsy showed he died of a toxic combination of opiates and benzodiazepine, a drug used to treat anxiety and insomnia, the Broward County Medical Examiner’s Office said.

“We have ruled it a suicide. Part of the terminal event was recorded on a website and there was streaming video,” said Dr. Steve Cina, deputy chief medical examiner of Broward County.

A police spokesman said detectives were investigating the case but would not release any details.

Biggs had written blogs about his intentions and some of the viewers who were watching the event live may have goaded him on, Cina said.

Microsoft Corp. is giving an early holiday gift to people who pay for all-you-can-listen access to the Zune digital music store: 10 songs to keep each month, included in the $14.99 monthly subscription fee.

The decision may appeal to people who have been reluctant to test out the subscription model, preferring to own their music instead of rent it. Microsoft’s Zune Pass, RealNetworks Inc.’s Rhapsody and others give users unlimited access to millions of songs in exchange for a monthly fee. But as soon as the user stops paying, the music stops playing unless he or she forks over extra money to buy each track.

With the new Zune Pass perk, subscribers can use the Zune desktop software as usual to buy individual songs, and the service keeps track of how many free ones remain for the month. In most cases, the song will come in the MP3 format, which can be freely copied to multiple devices and computers.

If Google delivers useless search results, just erase them and you won’t see them again.

That’s possible under a new system Google Inc. unveiled Thursday. Hoping to give its search engine a more personal touch, Google now lets users reshuffle results so their favorite Web sites get top billing and disliked destinations get discarded the next time they enter the same request.

It marks the first time that the Internet’s most popular search engine has allowed its audience to alter the order of search results.

Although the revisions won’t affect Google’s closely guarded formulas for ranking Web sites, the Mountain View-based company isn’t ruling out eventually tapping into collective wisdom of the crowds to tweak its Internet-searching algorithms.

For now, Google simply wants to make specific sets of results more useful to each individual that comes to its search engine, said Marissa Mayer, who oversees the company’s search products. Users will have to have a personal login to take advantage of the editing feature.

“It should make the search results more dynamic,” she said.

Gmail’s interface was revolutionary when it was first released, but the design was a bit too plain for a lot of users. After a short while, users started to develop Greasemonkey scripts and Firefox plugins that could bring some more excitement to the standard Gmail theme. Today, however, Google itself announced that will be rolling out over 30 different themes for Gmail in the next couple of days.

A few lucky Gmail users are already seeing a ‘Themes’ tab appear in their settings menu, though as is typical for Google, it might take a day or two before this new feature has been rolled out to all users.

Windows HPC hits top 10 among supercomputers - Network World
Microsoft on Tuesday hit another high-performance computing milestone by placing its server for the first time in the top 10 on the list of the Top 500 super computers as judged by Top500.org.

Just a year ago, the best Microsoft could do was 116th place based on rankings from Top500.org, which has been benchmarking supercomputers since 1993 with its bi-annual tests it calls “runs.”

Windows HPC Server 2008, a 64-bit system that shipped Nov. 1, came in at No. 10, achieving 180.6 teraflops with 77.5% efficiency at the Shanghai Supercomputer Center and Dawning Information Industry Co.

Despite the high ranking, Microsoft’s biggest high-performance computing challenge is likely in front of the vendor – creating easy-to-use developer tools for writing applications for the platform.