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11:25 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:
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.
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.
Fred / A VC:
You Had To See This Coming - MSFT To Buy YHOO  —  I was going to buy Yahoo! the other day.  Mark and I were emailing.  I was asking how much Yahoo!'s core search business was worth if it was given over to Google.  He though maybe as much as $9/share.  I looked into the value of Yahoo! Japan and Alibaba.
Danny Sullivan / Search Engine Land:
Microsoft Makes $45 Billion Bid To Buy Yahoo  —  Microsoft is to bid $31 per share to Yahoo's board of directors to purchase the company, a deal potentially worth $45 billion.  Below, more details, some history and analysis.  We'll also keep updating this story, and we'll have a separate post linked …
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 …
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 …
Discussion: GigaOM, TechBlog and Paul Mooney
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.
Drew Hasselback / FP Posted:
Text of Microsoft's letter to Yahoo!'s board  —  Here is the text of the letter that Microsoft sent to Yahoo!'s Board of Directors:  —  January 31, 2008  —  Board of Directors  —  Yahoo! Inc.  —  701 First Avenue  —  Sunnyvale, CA 94089  —  Attention: Roy Bostock, Chairman
Discussion: InfoWorld
Dan Farber / Between the Lines:
Why Microhoo: To stop the Google machine  —  I am on the conference call with Steve Ballmer (CEO), Chris Liddell (CFO), Kevin Johnson (President PSD), and Ray Ozzie (Chief Software Architect).  Chairman Bill Gates is sitting this one out, a sign of his pending departure from the day-to-day grind in Redmond.
Discussion: /Message
Miguel Helft / New York Times:   Microsoft Bids $44.6 Billion for Yahoo
Henry Blodget / Silicon Alley Insider:
Microsoft Bids $31 for Yahoo (MSFT/YHOO)
Wall Street Journal:
Microsoft Bids for Yahoo
Discussion: Feld Thoughts and Valleywag
DealBook:
Microsoft's Letter to Yahoo
Discussion: 451 CAOS Theory
CNN:
Microsoft proposes to buy Yahoo for $31/share
Discussion: WebProNews
Eric Savitz / Tech Trader Daily:
Microsoft Offers To Buy Yahoo For $31 A Share; Deal Would Be Worth …
Discussion: WebProNews
Nicholas Carlson / Valleywag:   Ballmer's letter to the Yahoo Board
Michael Liedtke / Associated Press:
Yahoo's Semel Steps Down As Chairman
Discussion: TechCrunch
DealBook:
Microsoft Makes $44.6 Billion Bid for Yahoo
Discussion: Profy.Com and VoIP Watch
Nathan Weinberg / InsideMicrosoft:
Microsoft Offers To Buy Yahoo
Discussion: eWeek
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 …
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 …
Discussion: Engadget
RELATED:
Haroon Malik / Gizmodo:
Slim PS3 is Heading for Shelves this Autumn?
Discussion: Electronista
Peter Kafka / Silicon Alley Insider:
Google: MySpace Deal Hurting Us (NWS)  —  Ominous note for News Corp. and its MySpace property: During yesterday's Q4 earnings call, Google laid part of the blame for its miss directly at the social network's feet.  —  Google went out of its way not to say that out loud, and instead talked about …
RELATED:
Eric Savitz / Tech Trader Daily:
Google: Social Networking Inventory Not Monetizing As Well As …
InfoWorld:
Flash price drop spurring innovation  —  A massive decline in the price of NAND flash memory, the chips that store photos in digital cameras and music in iPods, is prompting innovation among companies trying to increase sales.  —  A few of the items users are likely to see more widespread …
Discussion: Electronista and TechSpot News
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 Joyeur
 
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 More Items: 
David Kaplan / paidContent.org:
MSFT-YHOO: Combo Would Hasten The Mainstreaming Of Digital Advertising
Shel / Global Neighbourhoods:
A few clarifications about FastCompany TV & GNTV
Thomas Ricker / Engadget:
MacBook Air splayed — multi-touch trackpad controller chip same as iPhone
Discussion: Gizmodo, CrunchGear and Gadget Lab
Reuters:
Walking in rhythm is safe, even with earbuds: study
 Earlier Items: 
Kelly Fiveash / The Register:
Shell IT staff disgusted at mega profits
Royal Pingdom:
Is Digg digging its own grave?
Discussion: Mashable!
MG Siegler / VentureBeat:
Strike this: Video sites you can make money from (or not)
Discussion: Beet.TV
Cade Metz / The Register:
Google approaching world domination
 

 
From Mediagazer:

Michael Calderone / The Huffington Post:
New Politico Editor Susan Glasser praises newsroom's clear-cut mission, acknowledges need to adapt constantly

Ben Sisario / New York Times:
BMI Reports a Record $977 Million in Revenue

Tampa Bay Times:
Tampa Bay Times cuts employee pay 5% starting Sept. 29, warns of job losses, reduces severance after Oct. 1

 
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