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9:05 PM ET, February 9, 2008

Techmeme

 Top Items: 
Wall Street Journal:
Yahoo to Reject Microsoft Bid  —  Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.
RELATED:
New York Times:
Yahoo Board to Reject Takeover Bid From Microsoft  —  SAN FRANCISCO — Yahoo's board of directors plans to reject Microsoft's $44.6 billion hostile bid with a letter Monday saying the offer undervalues Yahoo, a person familiar with the matter said Saturday.  —  The decision to reject the bid …
Michael Arrington / TechCrunch:
Yahoo's Bold Whimper  —  A few well connected reporters said our prediction that Yahoo would make a decision on the Microsoft offer yesterday were off, and that Yahoo would take more time to make it's move.  But it seems that Yahoo did in fact make a decision yesterday.  They will reject Microsoft's offer.
Discussion: Byte of the Apple and HipMojo.com
Henry Blodget / Silicon Alley Insider:
How Will MSFT Respond To YHOO's Counter?  —  Yahoo's “rejection” of Microsoft's $31 bid isn't a rejection but a counter-offer of $40 a share.  It remains to be seen whether the company will state this explicitly in its letter to Microsoft (unlikely), but it has already sent the message through theWall Street Journal.
Discussion: HipMojo.com
Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.”  —  The WSJ ($) reports that Yahoo will reject MSFT's offer, and will send a letter expressing that sentiment Monday.  In the meantime, however, Yahoo has used the Journal to counter Microsoft's $31 offer with a price of $40 a share.
Discussion: Reuters
Kara Swisher / BoomTown:
No More Sand for the 98-Pound Weakling of the Web  —  Well, everyone certainly misjudged Yahoo CEO Jerry Yang's resolve.  —  While BoomTown maintained from the start that the $31 a share Microsoft has bid for the Internet portal co-founded by Yang was way too cheap and wrote yesterday …
Discussion: New York Times
Kara Swisher / BoomTown:
If Yahoo Only Had the Nerve-But Will It Be a Happy Ending?  —  With this bold gesture to reject the $44.6 billion offer from Microsoft, Yahoo will need more than hope for a happy ending, because there is a very scary downside to this plucky show of courage.  —  That's because Microsoft …
Discussion: Paul Kedrosky's …
New York Times:   Yahoo Expected to Reject Microsoft's Takeover Offer
Henry Blodget / Silicon Alley Insider:
Microsoft's Colossal Strategic Mistake: “We Need to Be in Advertising”  —  We believe the Microsoft Yahoo (MSFT / YHOO) acquisition will be a disaster.  So far, in support of this conclusion, we have cited integration, execution, and operational challenges.  Now it's time to look at the bigger picture.
RELATED:
Matt Richtel / New York Times:
Facing Free Software, Microsoft Looks to Yahoo
Discussion: Mashable! and Paul Mooney
Seth Weintraub / Computerworld Blogs:
Safari is about to get crazy fast  —  When Apple chose the KHTML engine for its Safari Browser in in 2003 over the more popular Gecko engine that powers Firefox, a lot of people were surprised.  Firefox was way more popular than the Konquerer browser and had a lot more open source developers on line.
Tom Foremski / Silicon Valley Watcher:
Is Salesforce Worth $75/Share To Oracle?  —  I'm hearing from a reliable source that Salesforce.com has approached Oracle to gauge if there is any interest in a sale at $75 a share.  That would be almost a 50 per cent premium over Friday's close of $50.87.  —  The deal would make sense:
Alistair Croll / GigaOM:
Does the World Need Another Way to Search?  —  Google's dominance in online search hasn't stopped hundreds of startups from trying to build a better mousetrap.  Each is trying a new twist on search: geography, crowdsourcing, tags, user annotations, learned hierarchies and timelines.
Hannah Fairfield / New York Times:
Pushing Paper Out the Door  —  CHRIS UHLIK'S children can be found in their home computer lab almost every morning.  Nicole is writing a story about her two lizards.  Tony is playing an interactive spelling game, while Andy is learning multiplication tables.  Even 5-year-old Joceline is clicking away at a storybook game.
Rafat Ali / paidContent.org:
WGA Tentative Agreement: Language on New Media  —  In the tentative WGA-AMPTP agreement, the exact language on the most contentious issue of online residuals:  — The minimum for derivative dramatic programs is $618 for programs up to two minutes, plus $309 for each additional minute.
Discussion: Mashable! and Online Video Watch
Danny Sullivan / Daggle:
Read The Wall Street Journal For Free  —  Reading Google News today, I noticed a Wall Street Journal article about the Microsoft-Yahoo deal listed.  I'd just seen that article earlier on Techmeme, when on my work computer, where I read it after having to log-in to the WSJ using my paid subscription.
Discussion: Joe Duck
Associated Press:
Polaroid shutters the Polaroid  —  The photography company long known for its self-developing film cameras moves to focus on printers and digital technology.  —  BOSTON (AP) — Polaroid is dropping the technology it pioneered long before digital photography rendered instant film obsolete to all but a few nostalgia buffs.
RELATED:
Hiawatha Bray / Boston Globe:
Polaroid shutting 2 Mass. facilities, laying off 150
 
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 More Items: 
Jacqui Cheng / Ars Technica:
Blog, Social Network buzz correlates to better album sales
Reuters:
CNET shares, options up on Google rumor
PC World:
Lawsuit Slams iTunes Allowance Feature
Discussion: Infinite Loop
Billboard:
Timbaland Creating Mobile Album For Verizon
The Pirate Bay:
Denmark, first look  —  So what has happened in Denmark now the past days?
Discussion: Slyck and P2P Blog
Ernesto / TorrentFreak:
The Pirate Bay and Filesharers Backed by Swedish Politicians
Discussion: DSLreports and Digg
Nicholas Deleon / CrunchGear:
Tentative deal reached in writers strike: Guild leaders say it …
Ernesto / TorrentFreak:
Mininova Launches Music Torrent Streaming
Discussion: Mashable! and Digg
 Earlier Items: 
All About Symbian:
Nokia Maps 2.0 hits beta
Discussion: Engadget Mobile and Gizmodo
Patrick Wintour / Guardian:
Ministers plan clampdown on ‘unsuitable’ video games
Discussion: Kotaku and GamePolitics.com
Haroon Malik / Gizmodo:
Meizu M8 Goes on Sale to Suppliers?
Jackson West / NewTeeVee:
Politics Driving More Live, Online Video Coverage
Discussion: Mashable!
Ken Fisher / Ars Technica:
Microsoft says “sorry” with free Valentine's Zune 80 players
Erica Ogg / CNET News.com:
Nokia turns people into traffic sensors
Discussion: DSLreports, Gizmodo, Engadget and Digg
Josh Lowensohn / Webware.com:
Koolwire converts files by e-mail
Discussion: Rev2.org and Mashable!
 

 
From Mediagazer:

Ryan Chittum / Columbia Journalism Review:
The NYT's new paywall products flounder

J.K. Trotter / Gawker:
New York Times Reporter Lifted Text From Wikipedia, Too

Amazon.com:
Amazon proposes 35/35/30 split, says cheaper e-book prices offer more profit to all

 
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