Here’s the latest action:

Is this the new Apple netbook? — Cult of Mac published an image from “a trusted contributor.” But no, it actually turned out to be a student-created wooden model. Oops.

RIM’s BlackBerry Curve unseats Apple’s iPhone in sales — One of the big drivers of this victory? An aggressive “buy one get one free” campaign by Verizon.

FTC looks at overlap of Apple and Google boardsThe question is whether those ties reduce competition between the two tech giants and amount to an antitrust violation.

Emulex rejects Broadcom’s $764 million takeover bid
— Chip-maker Broadcom had hoped to consolidate costs and get into the board business, but Emulex managers say the price was too low.

Real estate search startup Zillow sees a surge in traffic — Its workforce is growing too, with the company now employing 140 people, almost the level employed before it laid off 40 people last fall.

States’ Attorneys General meet with Craigslist over sex ads — Craigslist released a statement expressing optimism about reducing illegal activity on the site but did not mention eliminating the erotic services section.

Is ownership passe?TNL.net argues that services like Netflix and the iTunes music store mark a shift away from ownership and toward a rental society.

Does ISP traffic justify proposed Internet data caps?
— The fact that the United States’ major broadband service providers all had strong first quarter earnings implies that the current cap-less, metered billing system is working all right.

Twitter shuts down StatTweets, application for getting sports scores — Twitter says the app violated its terms of services. The biggest issue seems to be the creation of 650 accounts for tracking various teams.

Philanthropic investment group Omidyar Network makes layoffs — A former Omidyar investment manager says several positions (“including my own”) have been eliminated “to better reflect current market conditions.”