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9:05 AM 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:
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.
Duncan Riley / TechCrunch:
WOW.  Microsoft Offers $44.6 Billion To Acquire Yahoo  —  It's been rumored for a long time, but now it's reality.  —  Microsoft has made an unsolicited $44.6 billion bid for Yahoo.  The bid, which would consist of cash and Microsoft stock, values Yahoo shares at $31 a share, a 62% premium on Thursdays closing price.
Chris Liddell / Microsoft:
Media Alert: Press Conference Call to Discuss Microsoft Proposal to Acquire Yahoo! Inc.  —  Conference call to provide press, analysts with details about the proposal.  —  REDMOND, Wash., Feb. 1, 2008 - Microsoft Will Host a Conference Call Today to Discuss its Proposal to Acquire Yahoo! Inc. with:
DealBook:
Microsoft Makes $44.6 Billion Bid for Yahoo  —  Microsoft said Friday that it would offer $44.6 billion for Yahoo, the ailing search giant.  The surprise offer of $31 a share represents a 62 percent premium to Thursday's clsoing share price.  Yahoo shareholders could elect to receive either cash or stock.
Miguel Helft / New York Times:
Microsoft Bids $44.6 Billion for Yahoo  —  SAN FRANCISCO — Microsoft said Friday that it has made an offer to buy Yahoo for about $44.6 billion, or $31 a share, in a mix of cash and stock.  —  The offer represents a 62 percent premium over Yahoo's closing stock price of $19.18 on Thursday.
Discussion: Paul Mooney
Chris Isidore / CNNMoney.com:
Microsoft bids $45 billion for Yahoo  —  Software giant makes cash and stock offer of $31 a share, a 62% premium from Yahoo's closing price on Thursday.  —  NEW YORK (CNNMoney.com) — Microsoft made an unsolicited $44.6 billion cash and stock bid for Yahoo Friday, a deal that could shake …
Discussion: Domain Name Wire
Thomas Ricker / Engadget:
Microsoft offers $44.6 Billion for Yahoo  —  Microsoft just announced what has been rumored forever: a formal offer for Yahoo.  Microsoft's proposal to Yahoo's board of directors represents $31 per share (a 62% premium over yesterday's closing price) or about $44.6 Billion.
Fred / A VC:
You Had To See This Coming - MSFT To Buy YHOO
Wall Street Journal:
Microsoft Bids for Yahoo
Discussion: Valleywag
Kara Swisher / BoomTown:
Chatty Zuckerberg Tells All About Facebook Finances  —  Want to know about how privately held Facebook is doing from a financial point of view?  —  Well, just ask Mark Zuckerberg!  —  This afternoon, at an all-hands meeting held in a Palo Alto, Ca. theater near the social networking site's headquarters …
RELATED:
Erick Schonfeld / TechCrunch:   Facebook Finances Leaked
RELATED:
Michael Masnick / Techdirt:
Surprise, Surprise, Social Networking Ads Suck
Yahoo! Finance:
Google Announces Fourth Quarter and Fiscal Year 2007 Results
Saul Hansell / Bits:   Google's Loss Is Murdoch's Gain
Duncan Riley / TechCrunch:
As Twitter Service Woes Continue, Japanese Money Looks Likely  —  Twitter dumped Joyent as its hosting provider late yesterday (see our report here) and it was presumed by some that the switch away form Joyent was due to the poor reliability of the service.  We later learnt that Twitter …
Discussion: The Last Podcast
RELATED:
Michael Arrington / TechCrunch:
Yahoo To Announce Large Video Acquisition—Maven Networks For $150 Million.  —  We've gotten word that Yahoo will make an acquisition announcement of a video startup today or tomorrow.  At first we thought the target might be Metacafe, which was almost acquired by Yahoo just following the Google/YouTube deal in 2006.
RELATED:
Royal Pingdom:
Is Digg digging its own grave?  —  Digg has a problem.  That problem is that the more users Digg gets, an increasing amount of the stories that reach the Digg front page are bound to be unavailable, brought down by the storm of visitors from Digg.  —  If Digg keeps growing …
Discussion: Mashable!
 
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Scott Beale / Laughing Squid:
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Discussion: Boing Boing, TechWeb and Valleywag
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From Mediagazer:

Charlotte Tobitt / Press Gazette:
Ofcom rules that five GB News programs presented by Conservative politicians have broken its due impartiality rules and puts the channel “on notice”

Benjamin Mullin / New York Times:
Authentic Brands licenses Sports Illustrated's publishing rights to The Players' Tribune owner Minute Media for 10 years, with plans to keep the print edition

Patrick Frater / Variety:
Tencent Music reports Q4 revenue down 7% YoY to $971M and a $198M profit; in 2023, paying subscribers rose 21% YoY to 107M and net profit rose 36% YoY to $735M

 
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