Top Items:

Time Warner to Sell 5% AOL Stake to Google for $1 Billion — Rebuffing aggressive overtures from Microsoft, Time Warner has agreed to sell a 5 percent stake in America Online to Google for $1 billion in cash as part of an expanded partnership between AOL, once the dominant company on the Internet, and Google, the current online king.
RELATED ITEMS:

Google to Buy 5% Of AOL for $1 Billion — Google Inc. is buying a 5 percent stake in Dulles-based America Online Inc. for $1 billion as part of a far-reaching business and advertising partnership aimed at boosting AOL's financial prospects as the Internet service struggles with the loss of millions of subscribers.
Discussion:
Somewhat Frank ~ Blog

What Google Gave up to Get AOL — Microsoft may not have been able to get the deal done with AOL but what Google gave up to make it happen is turning out be pretty interesting. Here are some details from the New York Times (registration required). … And according to the Los Angeles Times

Time Warner Picks Its Partner — NEW YORK - Time Warner has picked its partner—it's going to marry off its AOL unit to Google for a dowry of $1 billion for 5% of the company, plus a share of ad revenue. That has the Google gang smiling, the jilted Microsoft suitors scowling and a lot …
Discussion:
The Unofficial Google Weblog

Hello, facilities? Ballmer needs a new office chair. Yes, again.

YOW. DON'T JUMP THE SHARK, GOOGLE
Discussion:
Susan Mernit's Blog, business2blog, IP Democracy, mathewingram.com/work and The Kelsey Group

Exclusive: TypePad outage update and details — Popular blog hosting provider TypePad.com was unavailable to its members for 18 hours today as a result of a failed storage upgrade during scheduled maintenance late last night. I visited Six Apart's headquarters in San Francisco earlier …
RELATED ITEMS:

TypePad down: A reminder of why open standards matter — Right now, as I type this blog, TypePad is down and I'm rather certain of it; there are thousands of TypePad users every where that are steaming mad. If you're one of the many TypePad users who has chosen to host their blog …

TypePad is Back Up — The TypePad application is back up, and users can now log in.

THINGS I DON'T LIKE ABOUT THE XBOX 360 — This list may be things I don't like, but I still think the Xbox 360 is a winner. Actually, most of these issues were addressed in last night's live broadcast - so you'll be able to hear the responses directly from an Xbox Live team member as soon as we get the audio posted:
RELATED ITEM:

Google releases GTalk API, Puts Gun To Skype's Head — Google releases GTalk API, Taunts Skype — Google has just released a set of components called Libjingle that allow third party applications to interact with Google Talk. The components, which include some source code …
Discussion:
Web 2.0 Explorer, Things That, StyleMac.com, Scripting News, Google Talkabout and The Unofficial Apple Weblog

An Unlikely Trendsetter Made Earphones a Way of Life — IN the late 1960's, Andreas Pavel and his friends gathered regularly at his house here to listen to records, from Bach to Janis Joplin, and talk politics and philosophy. In their flights of fancy, they wondered why it should not be possible …

DualCor Technologies cPC — DualCor Technologies in January will unveil the cPC, a full-fledged handheld Windows XP Tablet computer that also runs Windows Mobile 5.0 operating system for its smart phone functionality. The cPC is 6.5 inches long, 3.3 inches wide, 1.2 inches thick and has a 5-inch diagonal screen.
Discussion:
michael parekh on IT, jkOnTheRun, Daily Wireless, Mobile Analyst Watch and Life On the Wicked Stage

Stretchable silicon could be next wave in electronics — The next wave in electronics could be wavy electronics. — Researchers at the University of Illinois at Urbana-Champaign have developed a fully stretchable form of single-crystal silicon with micron-sized, wave-like geometries …

Apple axes 'iRingTones' project — Screw the carriers. OK, we won't — Exclusive Apple has canned a software project that was guaranteed to prove controversial, just weeks ahead of its slated announcement at MacWorld Expo next month. — The project would have seen Apple move …

Third NTP Patent Rejected, Boosting Research in Motion's View — Dec. 16 (Bloomberg) — The U.S. Patent and Trademark Office issued what it called a non-final rejection of a third patent owned by NTP Inc. involved in the company's litigation against BlackBerry e-mail device maker Research In Motion Ltd.
Discussion:
Patently-O

iTunes lyrics fight ends in apology — That rarest of all things in the acrimonious disputes between copyright holders and technology developers emerged Thursday: an apology. — Last week, music publisher Warner/Chappell Music sent a threatening letter to independent Austrian programmer Walter Ritter …

Microsoft Sued Over Patent Infringements — SAN JOSE, Calif. - Visto Corp., a maker of mobile e-mail technology, has sued Microsoft Corp. for allegedly infringing on three of its patents related to how information is handled between servers and handheld devices such as cellular phones.
RELATED ITEM:

Patent Lawsuit Seeks to Block Microsoft's Wireless E-Mail Service
Discussion:
Good Morning Silicon Valley