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1:45 PM ET, February 10, 2008

Techmeme

 Top Items: 
Michael Arrington / TechCrunch:
Microsoft's $80 billion (and growing) Yahoo Headache  —  The buyer in any public-public merger generally sees a stock price hit - they're offering a premium over what the market thinks the seller is worth, and the market takes that out of the buyer's hide.  But Microsoft lost nearly $40 billion …
RELATED:
Philg / Philip Greenspun's Weblog:
Microsoft is 2000 times less effective than Google; Yahoo Board seems to be insane  —  With Windows Vista continue to disappoint users and PC hardware designers continuing to produce ugly oversized desktops, Microsoft has apparently decided that Internet applications are the path to more revenue.
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 and Between the Lines
New York Times:
Yahoo Expected to Reject Microsoft's Takeover Bid  —  Yahoo's board plans to reject Microsoft's $44.6 billion hostile bid in a letter on Monday, saying the offer undervalues Yahoo, people involved in the discussions said Saturday.  —  Microsoft, which hopes Yahoo will help it compete …
Wall Street Journal:
Yahoo to Reject Microsoft Bid
Michael Arrington / TechCrunch:
Yahoo's Bold Whimper
Cleve Nettles / 9 to 5 Mac:
$100 price drop on iPhones and iPods coming in the next two months  —  We just got a tip that Apple is planning on dropping the prices again on the iPhone and iPod line within the next month or two - perhaps at the late February event, perhaps as late as mid-April.
RELATED:
Brian Caulfield / Forbes:
Sorry, First Adopters—Better iPhone Is On The Way  —  Apple outraged many of its fans last year when Chief Executive Steve Jobs dropped the price of the 8 gigabyte model of the phone by $200 just two months after putting the phone on sale in June.  They were angered again last month …
John Markoff / New York Times:
Mashups Are Breaking the Mold at Microsoft  —  REDMOND, Wash. — TUCKED away in a building on this forested corporate campus, John Montgomery and his team of 17 programmers might be more at home in Silicon Valley than at Microsoft.  —  Compared with its tenacious Internet competitors like Google and Yahoo …
RISE Security:
ASUS Eee PC rooted out of the box  —  We recently acquired an ASUS Eee PC (if you want to know more about it, a lot of reviews are available on internet).  The first thing we did when we put our hands at the ASUS Eee PC was to test its security.  The ASUS Eee PC comes with a customized version …
Roi Carthy / TechCrunch:
uTest Now Open for Business: Get Paid to Find Software Bugs  —  It's open bug hunting season over at uTest which is rolling out its QA marketplace and community.  —  The startup is trying a crowdsourcing approach to testing software bugs.  Anyone can sign up to test software …
Discussion: JasonKolb.com
Karen Hamblen / Symbian OS:
LG Electronics announces new Symbian smartphone with GPS  —  Uniquely designed ‘LG-KT610’ combines high performance with stylish form-factor  —  LG Electronics, a worldwide technology and design leader in mobile communications and Symbian Limited, the market leader in open mobile operating systems …
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:
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.
Discussion: TreeHugger and Web Worker Daily
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.
Jacqui Cheng / Ars Technica:
Blog, Social Network buzz correlates to better album sales  —  The amount of online “chatter” about an upcoming album release directly correlates to higher physical album sales, according to two researchers with New York University's Stern business school.  Professor Vasant Dhar …
Discussion: Mashable! and Digg
 
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 More Items: 
Sarah Perez / ReadWriteWeb:
Tiinker is the Anti-Digg  —  Whereas the social news service …
Joe Nocera / New York Times:
A Tight Grip Can Choke Creativity
Rafat Ali / paidContent.org:
WGA Tentative Agreement: Language on New Media
 Earlier Items: 
Danny Sullivan / Daggle:
Read The Wall Street Journal For Free
Discussion: Joe Duck
Nicholas Deleon / CrunchGear:
Tentative deal reached in writers strike: Guild leaders say it …
Ernesto / TorrentFreak:
Mininova Launches Music Torrent Streaming
Discussion: Mininova blog, Mashable! and Digg
 

 
From Mediagazer:

Andrew Beaujon / Poynter.:
Reporter quits Sun-Times, cites ‘chilling effect in the newsroom’

Billy Penn:
Jim Brady and colleagues launch mobile-focused Philadelphia news site Billy Penn

Keith J. Kelly / New York Post:
More than 300 New York Times staffers express interest in buyouts

 
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