All Things Digital

While the “news” that Google was in “late-stage” talks to acquire Twitter, which TechCrunch reported last night, certainly sounds exciting, it isn’t accurate in any way, according to a number of sources BoomTown spoke to close to the situation.

In fact, Twitter and Google have simply been engaged in “some product-related discussions,” according to one source, around real-time search and the search giant better crawling the microblogging service.

More importantly, said another source about the idea of an imminent acquisition or serious acquisition or even early talks: “Seriously, no negotiations, no deal, nada.”

So for all those Twitterers madly typing 140 characters and caught up in the grand idea of Twoogle, we return you to your regularly scheduled tweeting.

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BoomTown’s been just one week gone and yet another goofy, traffic-generating debate “erupts” in the blogosphere involving the usual suspects and the favored hyped Silicon Valley company of the moment, Twitter. The new bone being gnawed on is something I can hardly grasp the point of–some drivel argument about what constitutes the authority of a tweet. While tweet status would seem only important to, say, a Warner Bros. cartoon character like Sylvester, all I can think is: Who cares? That’s because the fact remains that Twitter is simply an unknown to most average people in a way other tech trends have not been.

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Yesterday, the one-man-band of a tech blogger, Michael Arrington, let loose with yet another outrageously indignant diatribe–this time that he and his TechCrunch site would forthwith break all news embargoes. Not content with the traffic generated last week by his obviously faked Wrestlemania bout with French entrepreneur Loïc Le Meur about the lazy-lunching Europeans, he moved on to a riff on PR people versus journalists. (What next for the Geraldo Rivera of investigative tech blogging? A withering prosecution of Yahoo CEO Jerry Yang in the HOV lane on Highway 101 in Sunnyvale without a hybrid? Quelle scandale!)

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Last night, BoomTown was at the Horn Group offices in San Francisco to appear on a lively panel called “Is Social Media Killing PR?”

Focused on the “future of the media ecosystem,” it was inspired by recent blog rants by Jason Calacanis, Robert Scoble and Michael Arrington, all of whom have taken potshots at the PR industry as unnecessary or broken in the new social media order.

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Happy days aren’t here again, it seems.

Still, I am not quite sure what to make of his big, happy smile on Seesmic founder Loïc Le Meur’s face, which went with a story in the New York Times about start-ups cutting costs.

In fact, the whole Seesmic crew is grinning awfully hard, putting a very game face on recent layoffs that cut the staff at the video blog service by more than a third.

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As the economy continues its very drastic downward slide–part of a binge and purge cycle that is almost classic in its psychology–it is, of course, no surprise to see Web 2.0 finally wise up.

While the quarter-dropping-in-the-slot was a bit slow, I think no one now doubts the impact of the tech and Internet business, going forward.

Of course, this change in tone is a good thing and much needed, given how frothy things had become in Silicon Valley over the last two years.

In other words, the recent excess is not the culprit, although its departure is a very good thing.

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With more critics piling onto the just-say-no-to-Yahoogle bandwagon–questioning the controversial ad deal for Yahoo to outsource some of its search ads to Google–sources said some top Google execs are now hightailing it to Washington, D.C., to smooth over any regulatory feathers the company might have ruffled with its aggressive, damn-the-torpedoes approach to pushing the deal forward.

Meanwhile, Yahoo creates a don’t-worry-jack digital ad council.

So why is BoomTown still worried?

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Earlier today, BoomTown broke the stunning-for-blogs news that ContentNext, owner of the popular online digital media news site paidContent, was being bought by the Guardian Media Group for about $30 million in an earn-out acquisition.

But the deal–which comes after the mid-May sale of Ars Technica to Condé Nast for a reported $25 million–begs the question of which tech blog might be next to be acquired.

And, after much noisy poking around today, BoomTown is giving the nod to one of the sector’s larger and splashier sites: TechCrunch.

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Thanks to TechCrunch’s Michael Arrington for pointing us to “Weekend King,” a San Francisco-made movie, which sounds just delicious from the trailer below.

It’s about a repulsive but rich computer programmer named Rupert Coleman from Silicon Valley who buys a bankrupt town in Utah and hopes to become its beloved ruler

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Another day, another tech blog eruption featuring Michael “The Volcano” Arrington of TechCrunch and, this time, Wired’s Betsy “Ain’t-Backing-Down” Schiffman.

When last we checked in with Arrington, he was elegantly telling Chris Shipley that her longstanding tech conference might want to take a dirt nap. Specifically: “Demo needs to die.”

But that’s not all!

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“Demo needs to die,” said TechCrunch Editor Michael Arrington yesterday.
Oh, my. Oh, dear. Not more bloody tangoing!?!
The pugnacious tech blogger–who was last seen slapping around other tech bloggers who deigned to also raise money for their ventures, much as he has been doing–made this classy statement in an interview with Daniel Terdiman of CNET’s [...]

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So what prompted TechCrunch Editor Michael Arrington to pen a pugnacious piece on how blogs should not be raising so much venture capital and instead roll themselves into a “Dream Team,” with the unusual title of “More Bloggers Raising Money. Here Comes Politics. And Here Comes My Rant” yesterday?
Well, besides garnering Arrington a big dollop [...]

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I could not agree more with both Michael Arrington of TechCrunch and Valleywag’s Owen Thomas, an unlikely and motley trio we three, when I say: Leave Sarah Lacy alone.

OK, the interview she did with Facebook Founder and CEO Mark Zuckerberg at SXSW on Sunday was a little silly at times and she probably annoyed people [...]

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What a slimy mess the “Here Comes Another Bubble” is leaving in its wake as it travels all over the Web.
Today, Daryl Lang of PDNPulse, a blog from Photo District News, reported that it contacted more photographers whose pictures were used in the popular Web 2.0-mocking video by the San Francisco-based singing group, the [...]

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Good god, Google at $2,000 a share?

Oh, it’s just that Web sprite Henry Blodget, at it again, over at his blog on his site Silicon Alley Insider.

The former Wall Street analyst enjoyed brief fame in the last Internet mania for predicting that Amazon stock would go to $400 a share (and it did–but not for long!). Then later, he got investigated for touting stocks publicly that he disdained privately and, thus, was barred from the securities industry for life.

Yesterday, the can’t-help-himself Blodget wrote a much-noticed post arguing that the search giant’s stock could go nuclear.

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