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5:00 PM ET, February 1, 2008

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 Top Items: 
Microsoft:
Microsoft Proposes Acquisition of Yahoo! for $31 per Share  —  Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders …
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Erick Schonfeld / TechCrunch:
What Would a Combined Microsoft-Yahoo Look Like?  —  Microsoft's $31 a share offer for Yahoo is made possible by Yahoo's slumping shares (Yahoo's stock was trading at about $31 a year ago).  While Yahoo has rejected Microsoft's entreaties in the past, with Terry Semel stepping down as chairman …
Kara Swisher / BoomTown:
Microsoft to Yahoo: Two Days to Respond or Else!  —  Sources at Yahoo tell me that Microsoft made its most recent overtures right after Yahoo announced its earnings Tuesday and then told Yahoo execs they had two days to respond or Microsoft would go public with the offer.
Discussion: eWeek
Michael Liedtke / Associated Press:
Microsoft offers $44.6B for Yahoo  —  SAN FRANCISCO - Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.
Yahoo!:
Yahoo! Board of Directors to Evaluate Unsolicited Proposal From Microsoft  —  Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said that it has received an unsolicited proposal from Microsoft to acquire the Company.  The Company said that its Board of Directors will evaluate …
Miguel Helft / New York Times:
Microsoft Bids $44.6 Billion for Yahoo  —  SAN FRANCISCO — In a bold move to counter Google's online pre-eminence, Microsoft said Friday that it had made an unsolicited offer to buy Yahoo for about $44.6 billion in a mix of cash and stock.  —  If consummated, the deal would redraw …
Danny Sullivan / Search Engine Land:
MSFT + YHOO: What Would Microsoft Yahoo Look Like?  —  So the conference call has happened, and despite saying it has a plan to digest Yahoo, Microsoft didn't share that with the world.  Indeed, at one point it was said any plan depended on what Yahoo's leadership would suggest.  That means it's time for What If.
Duncan Riley / TechCrunch:
WOW.  Microsoft Offers $44.6 Billion To Acquire Yahoo  —  Update: More on the deal here and here (email from Ballmer to all MS employees)  —  It's been rumored for a long time, but now it's reality.  —  Microsoft has made an unsolicited $44.6 billion bid for Yahoo.
Joseph Weisenthal / paidContent.org:
MSFT-YHOO: Analysts' First Take: Agreement Likely; Major Premium For Yahoo's Core Assets  —  Flash analyst commentary on the deal is starting to come in.  Expect a lot more discussion today and in the days ahead.  We'll update as we get more:  — Imran Khan, JP Morgan: Quick reactions …
Saul Hansell / Bits:
Microsoft Is Building a Spaceship Out of Spare Parts  —  I used to write about bank mergers, and those always struck me as taking two aircraft carriers and building a new one out of the parts.  —  For Microsoft, trying to build a new Internet portal-search engine-advertising network-cloud computing company …
Long Zheng / istartedsomething:
Microsoft + Yahoo = Big Mess?  —  Everyone on the sideline seems to be very excited about possible Yahoo and Microsoft merger, but I'm not so sure it's going to turn out pretty.  Microsoft has a history of making acquisitions, and few comes to mind of anywhere close to a success.
Larry Dignan / Between the Lines:
Microsoft makes bid for Yahoo; May change the search game; Bid could rise  —  Microsoft said Friday that it is making an unsolicited offer of $31 a share, or $44.6 billion, to buy Yahoo in a move that would give the software giant more market share and become a significant threat to Google.
Robert Scoble / Scobleizer:
Microsoft to buy Yahoo: Ray Ozzie roars  —  OK, everyone is already talking about Microsoft buying Yahoo.  —  But what I find interesting is that Bill Gates is out and now Ray Ozzie is roaring.  Microsoft has been so damn boring since I left in June of 2006.  This shoots the boring in the head.
Discussion: All about Microsoft and WebProNews
Henry Blodget / Silicon Alley Insider:   Hold Everything! We May Get Another YHOO Bidder!*
Bill Tancer / Hitwise Intelligence:
Microsoft and Yahoo!: Putting the Offer in Perspective
Discussion: Between the Lines
Tim O'Reilly / O'Reilly Radar:   Microsoft's Bid for Yahoo!: The Long View
Saul Hansell / Bits:
An Offer Yahoo Can't Refuse
Discussion: Identity Woman
Henry Blodget / Silicon Alley Insider:   YHOO/MSFT Bidding War? MSFT to Raise Offer? Doubtful
Paul Kedrosky's Infectious Greed:   Microsoft/Yahoo: Killing the Deal, 101
Charlene Li / Groundswell:
Microsoft's bid for Yahoo!: What it means
Discussion: AppScout and CNET News.com
Elinor Mills / CNET News.com:
Google's rise key to potential Microsoft-Yahoo merger
Discussion: Forbes and Techdirt
Erick Schonfeld / TechCrunch:
Ballmer's Internal E-Mail to The Troops Explaining the Yahoo Acquisition
Michael Krigsman / IT Project Failures:
Microsoft-Yahoo: Enterprise confusion
Peter Kafka / Silicon Alley Insider:
Ballmer To Microsoft Troops: Listen Up, Too
Discussion: Valleywag
Michael Arrington / TechCrunch:
Google Gathers Social Graph Information From The Web, Launches API  —  Tens of millions of people have been busy the last few years building Facebook's most valuable asset - their social graph.  As people add friends, and those people add friends, Facebook gets to understand exactly how its users know each other.
RELATED:
Brad Fitzpatrick / Google Code Blog:
URLs are People, Too  —  So you've just built a totally sweet new social app and you can't wait for people to start using it, but there's a problem: when people join they don't have any friends on your site.  They're lonely, and the experience isn't good because they can't use the app with people they know.
Dan Farber / Between the Lines:
Google unleashes Social Graph API-indexes people connections
Discussion: bytes|genes
Erick Schonfeld / TechCrunch:
Why Does the Wall Street Journal Hate the Web?  —  Ever since the rear-guard at the Wall Street Journal won the battle to keep its news pages behind its subscription wall (although, its opinion pages are now free), they have been cracking down especially hard on anyone trying to breach that wall …
RELATED:
Doug Caverly / WebProNews:   Facebook, Wall Street Journal Partner
Google Analytics Blog:
Urchin Software Beta Now Public  —  Today we're happy to announce that the Urchin Software from Google beta is now available for download at urchin.com.  Urchin Software from Google is a web analytics product similar in scope to Google Analytics, except you install and manage the software on your own servers.
Joe Minihane / Gadget news and reviews:
New Playstation 3 this autumn?  —  Our man in the US has hunted down news of a size zero version of Sony's killer home hub.  —  Trawling the CES show last month, we happened across a rather juicy piece of gadget gossip.  —  According to a particularly well-informed insider …
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Interview with Jeremy Baines from AlertThingy  —  During our on AIR London event I sat down with Jeremy Baines from Howard/Baines to talk about their AIR application for FriendFeed, AlertThingy.
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Essential Business Server (EBS) demo with Bjorn  —  The 1st public preview and pricing was announced for SBS and EBS yesterday and I had an interview with one of the program managers for EBS.
Compete Blog:
Don't Stop Believing - How Dodge Is Making the Journey Into Digital Marketing  —  Dodge is in the midst of launching their new cross-over-utility vehicle, Journey, and is depending on more digital marketing than they ever have before.
The QuestionPro Blog:
New Ideas from QuestionPro Feedback via IdeaScale [May 06, 2008 - May 13, 2008]  —  Weighted responses … Is it possible to integrate a weighting system into the software - whereby I can weight the data …
Graphing Social Patterns:
New Speakers Added to GSP East Agenda  —  Allen Hurff, SVP Engineering at MySpace, Adam Nash, Senior Director at LinkedIn, Watercooler's Justin Smith, Lance Tokuda of RockYou, and Nick O'Neill of Social Times …
Zoho Blogs:
Login to Zoho with your Google or Yahoo! Accounts  —  Now you can login to Zoho with your Google or Yahoo! accounts.  Below the Zoho Sign-in section, you now have the option to login with your Google or Yahoo! accounts.
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 More Items: 
Jason Chen / Gizmodo:
More Windows Mobile 6.1 Details Leaked in Screenshots
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CNN:
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Gary Krakow / TheStreet.com:
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Paula Rooney / Open Source:
Yahoo! buy would give Microsoft ownership of open source e-mail, projects, code.
Enigmax / TorrentFreak:
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 Earlier Items: 
comScore:
comScore Releases Rankings of Top U.S. Internet Properties Based …
Discussion: LiveSide and Digital Daily