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7:50 PM ET, February 1, 2008

Techmeme

 Top Items: 
Microsoft:
Microsoft Proposes Acquisition of Yahoo! for $31 per Share  —  Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders …
RELATED:
Kara Swisher / BoomTown:
Microsoft to Yahoo: Two Days to Respond or Else!  —  Sources at Yahoo tell me that Microsoft made its most recent overtures right after Yahoo announced its earnings Tuesday and then told Yahoo execs they had two days to respond or Microsoft would go public with the offer.
Henry Blodget / Silicon Alley Insider:
Hold Everything!  We May Get Another YHOO Bidder!  *  —  A Valley source is hearing that a major private-equity firm was just days away from making its own bid for Yahoo when the Microsoft bomb hit this morning.  (The same source now reports that TWO firms were circling, both big New York-based shops).
Discussion: Joe Duck and broadstuff
Scott Gilbertson / Compiler:
Flickr Rebellion Brews at Specter of M$ Acquisition  —  A small but vocal minority on Flickr are already staging online protests at the prospect of a Microsoft takeover.  Flickr is one of several popular Web 2.0 websites owned by Yahoo that loyal users fear will suffer under Microsoft ownership.
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 …
Jim Badenhausen / Yahoo!:
Media Response  —  02-01-08 Yahoo! Board of Directors to Evaluate Unsolicited Proposal From Microsoft  —  Media Hotline  —  Robinson Lerer & Montgomery for Yahoo! Inc.  —  FAQ: Unsolicited Proposal From Microsoft  —  Q1.  How is Yahoo! responding to Microsoft's proposal?
Discussion: Mashable!
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 …
Michael Liedtke / Yahoo! Finance:
Microsoft Makes $42B Bid for Yahoo  —  Microsoft Makes $42B Bid for Yahoo; Executives Hope Deal Can Help Them Topple Google  —  SAN FRANCISCO (AP) — Unable to topple Google Inc. on its own, Microsoft Corp. is trying to force crippled rival Yahoo Inc. into a shotgun marriage …
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 …
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.
John Gruber / Daring Fireball:
Microsoft Offers $44.6 Billion for Yahoo … My guess: Sold.  That's a big premium over Yahoo's current share price, and I don't see Yahoo getting there on their own any time soon.  —  Engineering-wise, it's interesting.  Yahoo's stuff is almost all written in PHP, and runs on FreeBSD and Red Hat Linux servers.
Discussion: Digital Daily
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 …
Long Zheng / istartedsomething:
Microsoft + Yahoo = Big Mess?
Discussion: Brandon LeBlanc
Tim O'Reilly / O'Reilly Radar:   Microsoft's Bid for Yahoo!: The Long View
Peter Kafka / Silicon Alley Insider:
Ballmer To Microsoft Troops: Listen Up, Too
Discussion: Valleywag
Paul Kedrosky's Infectious Greed:
Microsoft/Yahoo: Killing the Deal, 101
Discussion: Webomatica
Robert Scoble / Scobleizer:
Microsoft to buy Yahoo: Ray Ozzie roars
Discussion: All about Microsoft
Elinor Mills / CNET News.com:
Google's rise key to potential Microsoft-Yahoo merger
Discussion: Forbes and Valleywag
John Oates / The Register:
Euro lawyers see tortuous road ahead for Microsoft's Yahoo! bid
Ashkan Karbasfrooshan / HipMojo.com:
Google's Investment in AOL Set Stage for MSFT/Yahoo! Merger/Acquisition
Henry Blodget / Silicon Alley Insider:
YHOO/MSFT Bidding War? MSFT to Raise Offer? Doubtful
Discussion: HipMojo.com
Bill Tancer / Hitwise Intelligence:
Microsoft and Yahoo!: Putting the Offer in Perspective
Discussion: PC World
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.
RELATED:
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.
CNN:
Third undersea Internet cable cut in Mideast  —  (CNN) — An undersea cable carrying Internet traffic was cut off the Persian Gulf emirate of Dubai, officials said Friday, the third loss of a line carrying Internet and telephone traffic in three days.  —  Ships have been dispatched to repair …
RELATED:
BBC:
New cable cut compounds net woes
Discussion: Computerworld and GigaOM
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.
Max Freiert / Compete Blog:
Microsoft values Yahoo Visitors at $1,200 Each  —  The big news of the day is Microsoft's $45 billion dollar bid for Yahoo.  While the blogosphere will be abuzz with predictions of how this will shake up the online landscape, there's a very real impact on pure “traffic ownership.”
Discussion: Epicenter
Joshua Topolsky / Engadget:
Two videos of E-Lead's Noahpad in action  —  If our description from CES of the perplexing (and frankly inconvenient) navigation associated with E-Lead's Noahpad wasn't enough to truly depict what is going on with this thing, then perhaps these videos will help.
Discussion: GottaBeMobile
Sarah Perez / ReadWriteWeb:
Social Search is Coming  —  In a recent interview with VentureBeat, Marissa Mayer, Google's VP of Search Products & User Experience, spoke of Google's interest in social search and their future plans in that area.  Social search, which may be the defining quality of Google's next generation …
 
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 More Items: 
Mark Cuban / Blog Maverick:
Music and Movies - Give Away the Soundtrack
Discussion: Techdirt
Roland Piquepaille / Emerging Technology Trends:
Cellphones to monitor highway traffic
Discussion: SMS Text News and IntoMobile
Erick Schonfeld / TechCrunch:
Why Does the Wall Street Journal Hate the Web?
Discussion: WebProNews
Jason Chen / Gizmodo:
More Windows Mobile 6.1 Details Leaked in Screenshots
Nilay Patel / Engadget:
Sony 25MP full-frame DSLR hands-on
Discussion: I4U News
Eric Bangeman / Ars Technica:
Whoops—Italy inadvertently legalizes some P2P music
Discussion: Electronista and BetaNews
Ryan Block / Engadget:
Dell Latitude E-series leaked
Discussion: CNET News.com
Gary Krakow / TheStreet.com:
Apple's iPod Classic Could Be Harmful to Your Headphones
Discussion: Gizmodo and CrunchGear
 Earlier Items: 
Paula Rooney / Open Source:
Yahoo! buy would give Microsoft ownership of open source e-mail, projects, code.
Enigmax / TorrentFreak:
Rambo's Armed Guard Anti-Piracy Measures Torn Apart By Industry Insider
Discussion: p2pnet
comScore:
comScore Releases Rankings of Top U.S. Internet Properties Based …
Discussion: LiveSide and Digital Daily
Joe Eitel / Inventor Spot:
Blinger is Like Having A Portable Handheld ATM
Discussion: Gizmodo
Michael Masnick / Techdirt:
Forget Publicists, All The Cool Kids Have Online Reputation Managers
Discussion: Profy.Com
Joe Minihane / Gadget news and reviews:
New Playstation 3 this autumn?  —  Our man in the US has hunted …
Thomas Ricker / Engadget:
MacBook Air splayed — multi-touch trackpad controller chip same as iPhone
Reuters:
Walking in rhythm is safe, even with earbuds: study
Discussion: Infinite Loop, Engadget and iLounge
 

 
From Mediagazer:

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

 
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