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9:00 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
Wall Street Journal:
Microsoft Bids for Yahoo  —  MICROSOFT OFFERED to buy Yahoo for $44.6 billion in a cash and share deal, a move designed to help both companies compete against industry leader Google.  Yahoo shares soared 50% in premarket trading, while Google shares were down 8%.  (Statement)
Discussion: Valleywag
Fred / A VC:
You Had To See This Coming - MSFT To Buy YHOO
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
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 and Twitter Blog
RELATED:
David Young / Joyeur:
Twitter and Joyent: Update
Cade Metz / The Register:
Google approaching world domination  —  Google wants you to know it's well on its way to taking over the world.  —  This afternoon, during a quarterly earnings call with industry analysts and journalists, CEO Eric Schmidt focused on the company's “strong international growth” in 2007.
RELATED:
Yahoo! Finance:
Google Announces Fourth Quarter and Fiscal Year 2007 Results
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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 More Items: 
Kelly Fiveash / The Register:
Shell IT staff disgusted at mega profits
PR Newswire:
Kingston Technology Expands SDHC Memory Card Family With Addition …
MG Siegler / VentureBeat:
Strike this: Video sites you can make money from (or not)
Discussion: Beet.TV
Pat Phelan / Roam4free:
MAXroam, real progress this quarter
Discussion: TechCrunch UK and VoIP Watch
Andrew Parker / Financial Times:
Vodafone slashes UK data costs
Dan / UNEASYsilence:
MacBook Air in the House, Unboxing Photos
Business Wire:
Micron Offers Industry's First High Speed NAND Product
Discussion: Engadget, Gizmodo and Business Wire
SmartMoney.com:
Stifel Says EU Drafts Objections To Google-DoubleClick Deal
Discussion: WebProNews
 Earlier Items: 
Jennifer Woodard Maderazo / MediaShift:
No More Ink Stains::Why I Left Print Media for Digital
Kevin Kelleher / GigaOM:
Are the Markets Getting Too Heavy for Google to Lift?
Scott Rafer / Lookery:
New Guaranteed Payment Program
Dan Tynan / PC World:
The Next 25 Years in Tech
Andy Beard / Niche Marketing:
Techmeme PageRank Penalty?
MegaZone / TiVo Lovers Blog:
TiVo Discontinues The Series3 TCD648250B
Mathew / mathewingram.com/work:
The Pirate Bay: Is it illegal to point?
Motorola:
Motorola to Explore Structural and Strategic Realignment of its …
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

David Folkenflik / NPR:
NPR suspended Uri Berliner for five days without pay, starting on April 12, after he wrote an essay accusing NPR of losing the public's trust

Jake Kanter / Deadline:
Sources: the BBC plans to stop automatic annual pay increases for its highest-paid employees and instead hand them raises based on their performance

 
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