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11:40 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 …
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
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 …
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
Eric Bangeman / Ars Technica:
Microsoft adds Yahoo! to shopping cart
Discussion: PC World and TechCrunch UK
Dan Farber / Between the Lines:
Why Microhoo: To stop the Google machine
Discussion: BuzzMachine and /Message
Henry Blodget / Silicon Alley Insider:
Microsoft Bids $31 for Yahoo (MSFT/YHOO)
Matt Asay / The Open Road:
Open-source silver lining in Microsoft's $44.6 billion wedding vow to Yahoo?
Discussion: Open Source and CNET News.com
Miguel Helft / New York Times:
Microsoft Bids $44.6 Billion for Yahoo
Discussion: Journalistopia
Eric Savitz / Tech Trader Daily:
Microsoft Offers To Buy Yahoo For $31 A Share; Deal Would Be Worth …
Discussion: WebProNews
Miguel Helft / New York Times:
Microsoft Bids $44.6 Billion for Yahoo
Discussion: LAPTOP Magazine
Nicholas Carlson / Valleywag:   Ballmer's letter to the Yahoo Board
Michael Liedtke / Associated Press:
Yahoo's Semel Steps Down As Chairman
Discussion: TechCrunch
CNN:
Microsoft proposes to buy Yahoo for $31/share
Discussion: Google Blogoscoped
DealBook:
Microsoft's Letter to Yahoo
Discussion: 451 CAOS Theory
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 …
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 …
RELATED:
David Kaplan / paidContent.org:
MSFT-YHOO: Combo Would Hasten The Mainstreaming Of Digital Advertising
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 Mark Evans
 
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 More Items: 
BBC:
New cable cut compounds net woes
Joshua Topolsky / Engadget:
Is this a ‘sign’ of things to come for Vista?
Discussion: Tech Blog
The Jeff Pulver Blog:
Announcing the launch of pulverTV: The First 100% “Indie Internet TV” Channel
Peter Kafka / Silicon Alley Insider:
Google: MySpace Deal Hurting Us (NWS)
Joe Minihane / Gadget news and reviews:
New Playstation 3 this autumn?  —  Our man in the US has hunted …
Discussion: Electronista, Engadget and Gizmodo
 Earlier Items: 
Thomas Ricker / Engadget:
MacBook Air splayed — multi-touch trackpad controller chip same as iPhone
Discussion: Gizmodo, Cult of Mac and Gadget Lab
Reuters:
Walking in rhythm is safe, even with earbuds: study
Kelly Fiveash / The Register:
Shell IT staff disgusted at mega profits
Royal Pingdom:
Is Digg digging its own grave?
Discussion: Mashable!
 

 
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

Todd Spangler / Variety:
YouTuber MrBeast announces a deal with Prime Video for Beast Games, a reality-competition show with 1,000 contestants, promising the winner a $5M cash prize

 
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