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8:15 PM ET, May 3, 2008


 Top Items: 
Ina Fried / Beyond Binary:
Microsoft pulls its Yahoo offer  —  Microsoft is withdrawing its offer for Yahoo after talks between the two companies broke down on Saturday, a source told CNET on Saturday.  —  Microsoft hiked its offer to $33 a share, but Yahoo was holding out for $37 a share, the source said.
Michael Arrington / TechCrunch:
Breaking: Microsoft Walks  —  Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo.  Talks between the two companies and their advisors broke down earlier today, according to a source close to Microsoft, after a failure to come to agreement on price and other terms.
Discussion: Silicon Alley Insider and WinExtra
John Paczkowski / BoomTown:
BREAKING: MICROSOFT WALKS  —  After a months-long standoff, Microsoft has abandoned its bid for Yahoo, people involved in the discussions today.  Microsoft confirmed to BoomTown that talks between the two companies, which began in earnest Friday, collapsed Saturday afternoon when they could not agree on a price.
Jon Stokes / Ars Technica:
Intel: “Web 2.0"-style cloud computing just a passing vapor  —  Let's say that you're Intel, and you spent $5.5 billion in capital expenditures in 2007, much of it on the 45nm transition, and all of it for the purpose of beating rivals at delivering performance-per-watt increases across a range …
Hollywood Newsroom:
Exclusive: Tom Cruise buys Google Adwords, to launch new web site.  In two days, his official web site is gonna...  ITEM: Tom Cruise is buying Google Adwords.  His Scientology handlers must be working on his SEO optimization; type in “Tom Cruise” in Google Search …
Michael Arrington / TechCrunch:
Urgent Changes Are Needed To Facebook Messaging  —  Facebook email, which they call messages, is becoming completely unusable as a personal or business productivity tool.  When I first joined Facebook it was fine.  I only had a few friends on the service, and people didn't do much with it except to occasionally say hi.
Steven Musil / CNET
Cubans line up to buy their first legal PCs  —  Perhaps the days of looking at Cuba as the island that technology forgot are beginning to wane.  —  Late last month, President Raul Castro's government lifted the ban on ordinary citizens from owning a cell phone and getting cell service …
Discussion: Gizmodo and Engadget
Will Weissert / Associated Press:
Cuba puts first computers on sale to the public
Discussion: CrunchGear and WebGuild
Brad Stone / New York Times:
Friends May Be the Best Guide Through the Noise  —  CATHY BROOKS is a typically unapologetic Silicon Valley Web addict.  Last week alone, she produced more than 40 pithy updates on the text messaging service Twitter, uploaded two dozen videos to various video sharing sites …
Dan Farber / Outside the Lines:
YouTube disappears from the screen temporarily  —  At 7:00 a.m. PDT I was heading for my video page on YouTube and ran into this message:  —  I was getting to other sites just fine, so it's safe to assume it's a Google problem.  YouTube receives 10 hours of video per minute and is by far the leader in the crowded field.
Ben Jones / TorrentFreak:
MPAA Silently Drops Case Against BitTorrent Site  —  For those that don't remember, lets recap.  It was a little over three years ago that Hollywood took their first blast against a BitTorrent site in Europe with a lawsuit against DVDr-core.  The notification (see end) …
Discussion: Mashable!
Kara Swisher / BoomTown:
MicroHoo: Hasta La Vista, Hotmail?  —  Yesterday, BoomTown wrote a piece about Yahoo's worries about the scrutiny that the monopolistic combination of Yahoo Mail and Microsoft's Hotmail would get if it merged with the software giant.  —  The issue-which has not gotten a lot of attention …
Steven Hodson / WinExtra:
What is cloud computing?  —  With sometimes what seems to be breakneck speed things change in technology with old concepts being thrown to the curb and new ones rushing in to fill the void.  Along with those new technologies come all the buzzwords used by marketing departments or folks looking …
Discussion: Profy.Com
Arn / MacRumors:
AT&T Disables Free iPhone Wi-Fi (For Now)  —  On Wednesday, we reported that AT&T had begun offering free Wi-Fi access to iPhone users at many of their national Wi-Fi hotspots, including Starbucks and Barnes & Noble locations.  —  No official announcement had been made, however, and AT&T representatives reportedly declined to comment.
Discussion: Chris Pirillo, Gear Diary and Engadget
Brady Forrest / O'Reilly Radar:
Mondrian, Just the First Internal Google Tool Be Released Via App Engine?  —  Guido van Rossum, creator of Python and Google employee, has released a version of the internal Google code-checking tool Mondrian via the Python mailing list (text after the jump).
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Ryan Block / Engadget Mobile:
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