Friday 8am Silicon Valley news report:

Google CEO doesn't see problem with his Apple role -SFGate

Walker told reporters that Google is "comfortable" that it doesn't generate enough revenue in the same markets as Apple for Schmidt's and Levinson's dual roles on the companies' boards to violate antitrust law.

Google’s Strength May Be Part of Microsoft Defense Strategy -NYTimes

Microsoft will argue that Internet browsing is inseparable from the Windows operating system. Microsoft will also emphasize that consumers can download and use any competing browser with Windows, and that Internet Explorer’s share of the browser market has been falling steadily.

Report: FBI Mishandles Terror Watch List -Wired

Neither the FBI or the inspector general knows how many people the FBI has put on the list, but the IG’s best estimate is the FBI has nominated between 68,000 and 130,000 known or suspected terrorist identities since 2003. Of the 68,669 known or suspected terrorist identities in the database the IG could attribute to the FBI, 35 percent were outdated or had no known link to terrorism cases.

Microsoft search to be powered by open source -cnet

Microsoft CEO Ballmer argues that Microsoft needs to be more disruptive in search, and open source is a way to start moving in that direction; prime rival Google embraces open source unreservedly.

Wireless Scorecard, We Heart Data Edition -GIGaom

It’s been a rough first three months of the year for the economy, but while overall subscriber growth at wireless carriers stayed pretty stable, wireless data revenue continued to climb.

Intel ads spotlight 'rock star' engineers -cnet

Intel's ads will try to convey the message that "gigantic advances of the digital age have been made possible by silicon...and the vast majority of this silicon has come from Intel. Our image, our brand are far too powerful to just be a microprocessor when, in fact, the greatest strength of the Intel brand will always be what is still to come," Intel said in a statement.

Who owns the facts? The AP and the "hot news" controversy -ars technica

The Court ruling created the "hot news" doctrine, in which groups like the AP are granted a pseudo-property right to breaking news stories. The right is quite limited, generally applying just in situations where another party rewrites the news "without independent investigation and verification."

Three Reasons Why Twitter Will NOT Index the Links You Share -ReadWriteWeb

Bit.ly's John Borthwick told us this morning that Bit.ly is working on part of this development but Twitter is too. Several other companies are testing some kind of API program already, so it may not be Bit.ly or just Bit.ly that becomes the center of this story long term.

Facebook’s E-mail Censorship is Legally Dubious, Experts Say -Wired

EFF lawyers suggested that the legality of Facebook’s censorship turns on Facebook’s Terms of Service, how and when the blocking takes place, and whether the messaging system affects interstate commerce (thus giving the federal government jurisdiction).

Successful SEM Means Original Thinking -search engine land

If you ever run into the limits of your industry and feel everything has already been done then all you need to do is pick up a book on another topic, read the news (outside your industry), or tie your other hobbies to your industry to find an interesting angle that has not yet been done.

Your Search Returned 12 Million Books -Slate

...the most objectionable part of the plan is the prize it grants to Google—as the only company in the world with digital access to most books. Amazon, Yahoo, Microsoft, and groups like the Open Content Alliance would be shut out of the BRR scheme. Google and the publishing industry would have free reign to raise prices on all the works in their vast catalog.