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3:35 PM ET, April 1, 2008

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 Top Items: 
InfoWorld:
Microsoft, Yahoo agree on buyout price  —  After much internal debate and industry speculation, Yahoo today agreed to be acquired by Microsoft, adding $2.6 billion to Redmond's original offer of $44.6 billion on Jan. 31.  —  The agreement was reached near midnight last night …
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Jonathan Skillings / CNET News.com:
All the April Fools' news that's fit to print  —  The word of the day is “prank.”  Unless maybe you're one of the ones who got taken in hook, line, and sinker, in which case it's “doh!”  —  If you haven't already noticed, today is April Fools' Day, but you probably have, since most pranksters seem to get an early start.
Microsoft:
Microsoft Unveils Smartphone Advancements to Improve Ability to Work and Play With One Phone  —  Company demonstrates new version of Internet Explorer Mobile with desktop-grade Web browsing, introduces updated Windows Mobile operating system.  —  Windows Mobile is improving smartphones …
RELATED:
Microsoft:
Microsoft Announces Enterprise-Class Mobile Solution
Matthew Karnitschnig / Wall Street Journal:
Microsoft Unlikely to Raise Yahoo Offer  —  Microsoft Corp. is preparing to lay a long siege.  —  Two months after Microsoft made its $44.6 billion offer to acquire Yahoo Inc., the software maker has no plans to raise its bid, people close to the company say.
RELATED:
Kara Swisher / BoomTown:
More on MicroHoo: Irritated Investors!  Angry Arbs!  Zen Microsoft?  —  So, I was making the rounds again of my sources at Yahoo's major institutional investors yesterday and here's the overall 411: Frustration.  Confusion.  Impatience.  —  And the bottom line from several of them-if Yahoo does …
Erick Schonfeld / TechCrunch:   Microsoft Stands Firm On Yahoo Offer: “There Is No Reason To Bid Against Ourselves.”
John Biggs / CrunchGear:
Sprint Instinct: Could this thing beat the iPhone?  —  When I first saw the Instinct a few weeks ago I said “Finally.”  Finally, someone, somewhere, has created an interface and a device that follows the spirit and ease-of-use of the iPhone without resorting to wholesale mimicry.
RELATED:
Matt Buchanan / Gizmodo:
Sprint's Samsung Instinct: At Last, a Decent iPhone Competitor
Philip Elmer-DeWitt / Apple 2.0:
Analyst: Apple's U.S. consumer market share now 21 percent  —  The iPhone gets the most press and the iPod sells in the largest quantities, but it's the Macintosh that really drives Apple's growth, says Gene Munster.  —  In the second installment of a multipart report on Apple's …
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Dana Blankenhorn / Open Source:
Microsoft claims victory in ISO struggle over OOXML
Michael Arrington / TechCrunch:
Gmail April Fools Not Very Funny.  On the Upside, They Started A Wikipedia War  —  Right on schedule: Google is releasing their April Fools jokes onto us as the calendars hit April 1 on the east coast (here's last year's efforts).  Google Australia got a head start earlier today with the very funny Future Search.
RELATED:
Loren Baker / Search Engine Journal:   April Fools Day Spam Invades Google
Owen Thomas / Valleywag:
Gullible journalists agree to prank their readers  —  Nate Westheimer, a New York entrepreneur best known for holding a Silicon Alley popularity contest, attempted to persuade Valleywag to participate in an April Fools' joke.  We said we'd cover it, so here's the story: Right about now …
RELATED:
Caroline McCarthy / Webware.com:
‘Smart URL shortener’ Urlrurl rolls into beta
Discussion: Download Squad and Somewhat Frank
Marshall Kirkpatrick / ReadWriteWeb:
Flickr's New Friend Finder: Data Portability or Privacy Violation?  —  Late last night Yahoo! owned photo sharing site Flickr launched a new feature - the ability to search your Gmail, Yahoo! Mail or Hotmail contacts list for people on Flickr so you can add them as contacts.
Discussion: GigaOM
RELATED:
Matthew Rothenberg / Flickr Blog:
Find Your Friends
Discussion: LachStock
Paul Boutin / Valleywag:
YouTube kills rickrolling once and for all  —  April 1, 2008: The day a meme died.  Go to YouTube.  Click on any of the Featured Videos entries.  Every one of them redirects to the same Rick Astley clip.  The gag is called “rickrolling,” a variant of duckrolling.
Discussion: NewTeeVee and theory.isthereason
Caroline McCarthy / CNET News.com:
Live, from New York, it's...Mark Zuckerberg?  —  In a surprise move that has shocked Silicon Valley, young Facebook founder Mark Zuckerberg will guest host an upcoming episode of Saturday Night Live, according to multiple sources.  —  The mild-mannered Zuckerberg, best-known …
InfoWorld:
Source: Windows XP to get reprieve for low-cost laptops  —  San Francisco - Microsoft plans to extend the availability of Windows XP for low-cost laptops beyond June 30, with an announcement expected later this week, according to a source familiar with the situation.
Jimmy Hsu / DigiTimes:
Lite-On developing BD-ROM drives for Xbox 360, sources say  —  Lite-On IT is developing built-in Blu-ray Disc-(BD) ROM drives for the Microsoft Xbox 360 game console, according to industry sources.  Lite-On declined to comment, citing client confidentiality.
Los Angeles Times:
Firms try working around visa shortage  —  Some U.S. companies open sites abroad, while others plan multiple filings as H-1B application season nears.  —  WASHINGTON — Driven crazy by U.S. immigration policy, Microsoft Corp. executives decided to drive some of their employees north.
Josh Lowensohn / Webware.com:
Scribd now offering free document scanning [Update: it's real!]  —  Update (10:06 AM): The submission process differs from the original plan.  If you have the address, please don't send anything there.  Please check the updated instructions below.  And yes—this is real.
Discussion: CyberNet and Mashable!
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Adobe AIR Team Blog:
HTC Hero: The first Android device with Flash  —  Adrian Ludwig from Adobe shared some very exciting news when he recently demoed Flash Player running inside of the new HTC Hero web browser.
Channel 10:
Deep Zoom into MJ's Life in Pictures  —  MSN has posted a cool Silverlight application that lets you deep zoom into an image of Michael Jackson only to find that the original image actually consists of thousands …
Microsoft Startup Zone:
Business plans, business models, who needs them?  —  For a long time I have wanted to write a post about the irrelevance of business plans.  Twitter got VC funding with no business plan and no business model.
Zoho Blogs:
Announcing The Social Way To Get Things Done: Zoho Projects 2.0  —  Today we're excited to end the ‘mystery’ and announce Zoho Projects 2.0.  What is so exciting about this launch?  It will change how teams get work done.
Intel Software Network Blogs:
Among the Computing Greats- A night at the ACM Awards  —  My background and inclination, lead me to want to report on my recent trip to the ACM Awards like I would the Oscar's... “Dr. Andrew Chien was looking debonair …
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OSCON Early Registration Extended  —  Open source technologies are some of the most economical choices you can make for your business and we've just made it a little easier to get the info you need to maximize …
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 More Items: 
BBC:
Tomorrow's code  —  Bill Thompson puts out a call for more programmers.
Kevin Fitchard / TELEPHONY Online:
Can Ovi improve on the walled garden?
Discussion: last100 and mocoNews.net
Allen Stern / CenterNetworks:
Last.fm Gets CBS Radio Stations
Sharon Linsenbach / eWeek:
IBM ‘Blindsided’ by Federal Contract Suspension
Discussion: InfoWorld
Andy Space / 9 to 5 Mac:
ChangeWave confirms iPhone battles BlackBerry
Discussion: Apple 2.0 and Electronista
Marshall Kirkpatrick / ReadWriteWeb:
Filter Google Reader by Item Popularity With New AideRSS Plug-in
Discussion: louisgray.com
Richard Koman / ZDNet Government:
OOXML: Unofficially yes, formal announcement Wed.
Long Zheng / istartedsomething:
Leaked new Ultimate Extras sound scheme
 Earlier Items: 
Pshapiro / Community Voices:
Google Seeks to Organize All of Human Ignorance
Discussion: ReporTwitters Blog
Philipp Lenssen / Google Blogoscoped:
Google April Fool's Jokes Galore
Stephanie Clifford / New York Times:
An Online Game So Mysterious Its Famous Sponsor Is Hidden
Discussion: CNET News.com
Daisy Whitney / TVWeek.com:
Who is Watching Hulu? Depends Who You Ask
Sarah Perez / ReadWriteWeb:
Blog Comments Still Matter
Robert Scoble / Scobleizer:
Getting to know the FriendFeed team
InfoWorld:
Steve Jobs “miracle” in the valley
Sir Richard Branson / Official Google Blog:
Announcing Project Virgle