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Business Wire:
Yahoo!'s Board of Directors Responds to Latest Microsoft Letter — The Board of Directors of Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today sent the following letter to Steve Ballmer, Chief Executive Officer of Microsoft Corporation. — Dear Steve:
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Larry Dignan / Between the Lines:
Yahoo vs. Microsoft: Thanks for the letter Steve; Now give us more money or get lost — Yahoo on Monday responded to Microsoft's weekend “negotiate or we're launching a proxy war or pulling our offer” love letter. The gist: Get lost. — Give credit to Yahoo for sheer moxie (or maybe it's stupidity).
Discussion:
Gizmodo
Miguel Helft / New York Times:
Yahoo Reveals Details of Its New Ad Sales System — SUNNYVALE, Calif. — Yahoo is beginning to pull the wraps off an online advertising system that the company said would help it and its partners drive sales of graphical and other premium ads. — Yahoo said the system …
Mary Jo Foley / All about Microsoft:
Yang hits back at Ballmer; mentions antitrust concerns — That didn't take long. Two days after Microsoft CEO Steve Ballmer sent a three-week acquisition ultimatum to Yahoo's board, Yahoo answered with its own letter. — Signed by CEO Jerry Yang and Chairman of Yahoo Board Roy Bostock …
Reuters:
Yahoo not opposed to Microsoft deal: source — NEW YORK (Reuters) - Yahoo is not opposed to a deal with Microsoft but Microsoft should pay more than $31 a share if it wants to buy the company, Yahoo plans to say in a letter to Microsoft, a person familiar with the matter said on Sunday.
Kara Swisher / BoomTown:
MicroHoo: Visualizing Whirled Peas — Oops, I mean world peace. Or at least, some kind of forward momentum in the increasingly tiresome Yahoo-Microsoft takeover tango. — I know this is how it always has to proceed in these kind of deals. But, for some reason, this particular movie …
Michael Arrington / TechCrunch:
Comcast, Twitter And The Chicken (trust me, I have a point) — I've had a very odd weekend. — First, I've taken a dozen or so phone calls from concerned relatives and friends over this NYTimes article. But a bigger issue is that the Internet was down in the house starting late Friday night, so I haven't been online much.
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BBC:
Europe clears mobiles on aircraft — The use of mobiles on planes flying in European airspace is being backed by the European Commission. — The decision means that mobiles could be used once a plane has reached an altitude of 3,000m or more. — It follows six months of consultation …
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Caroline McCarthy / The Social:
For Facebook Chat, a quiet and cautious Sunday debut — Facebook chose a Sunday afternoon, when much of the tech blogger corps was pleasantly enjoying real life (we can hope), to start rolling out its previously announced instant-messaging client. That's likely no coincidence …
Discussion:
Lonely CEO Media
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Larry Dignan / Between the Lines:
Facebook rolls out chat...slowly — Facebook quietly launched its chat feature over the weekend, but the company plans a slow rollout. — In a blog post, Facebook noted: … I'm not one of the lucky few that have chat enabled, but plan to use it once it lands.
Justin Smith / Inside Facebook:Facebook Chat Launches - Tour & First Impressions
Discussion:
ReadWriteWeb, CrunchGear, TechRadar.com, Mashable!, TechCrunch, Search Marketing Gurus, CNET News.com, Webware.com, All Facebook, Internet Marketing … and Digg
Harry McCracken / Techlog:
The Frustratingly Unfulfilled Promise of Google Gears — Back on May 30th of last year, Google released Google Gears, a browser plug-in designed to help Web-based applications work even when they couldn't connect to the Internet. I was pretty jazzed up about it, and so were my PCW colleagues …
Steve Lohr / Bits:
Aiming for a Virtual End to PC Headaches — So-called virtual machine software, which allows a computer to simultaneously run different operating systems and applications, is already having a big impact in corporate data centers. And the leader in virtual software for server computers …
Los Angeles Times:
Cash scarcer for new technology firms — More Web start-ups are on the rocks as investors appear to be warier about their bets. — In recent months, some start-up technology companies have died or gone into comas after running out of money, a possible early sign that the resurgence in venture investment may be coming to an end.
Discussion:
Screenwerk
Henry Blodget / Silicon Alley Insider:
Internet Irony: Amazon Getting Disrupted By Apple, BitTorrent, Pirate Bay, et al — Barnes & Noble? Tower Records? Buggy-whip makers? Amazon (AMZN) feels your pain. — A decade after Amazon's explosive entrance into book and music retailing dented big media retailers and put smaller ones …
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Liz Gannes / NewTeeVee:
Joost CEO Admits to Trimming Head Count, But Not Global Vision — Joost CEO Mike Volpi refuted a widely circulated report that his company was scaling back to focus on the U.S. market in an interview with Om tonight. Om surmises that the company has reduced head count by 35 to 40 to about 100, though Volpi wouldn't give a number.
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