The only time the world "dead" belongs in the headline of a news story is when something that was formerly alive is no longer. A person, animal or plant. That's a legitimate use of the word in news. I can't think of another use that isn't some kind of revenge or spite. Because things that were never living can't be dead.
Fred Wilson has a blog post about this today, which means it will probably be picked up on TechMeme, where a lot of former TechCrunchers, especially Mike Arrington, Steve Gillmor and MG Siegler will probably see it.