Pulse iPad App Gets Steve Jobs's Praise in Morning...Then Booted From App Store Hours Later After NYT Complains

Yesterday morning, the pair of Stanford University graduate students who made the hot news-reading iPad app, Pulse News Reader, were ecstatic to be mentioned first-for being among the most promising developers for the new tablet device-by Apple CEO Steve Jobs in his keynote speech at the Worldwide Developers Conference in San Francisco. But by the afternoon, that flush of entrepreneurial success had turned sour, after Apple informed the two that Pulse was being pulled from the App Store after it received a written notice from the New York Times Company declaring that "The New York Times Company believes your application named 'Pulse News Reader' infringes The New York Times Company's rights." In an unusual coincidence, the Times Web site was on prominent display on a huge screenshot of the iPad during Jobs's speech.