Check out Mini-Techmeme for simple mobiles or Techmeme Mobile for modern smartphones.
10:50 PM ET, May 3, 2008


 Top Items: 
Ina Fried / Beyond Binary:
Microsoft pulls its Yahoo offer  —  Update 5 p.m. PDT: Microsoft has made its move official.  Click here for the story and here for the text of a letter Ballmer sent to Yang.  —  Microsoft is withdrawing its offer for Yahoo after talks between the two companies broke down on Saturday, a source told CNET
Michael Arrington / TechCrunch:
Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated)  —  Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo.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 …
Kara Swisher / BoomTown:
BREAKING: MICROSOFT WALKS  —  After a months-long standoff, Microsoft (MSFT) has abandoned its bid for Yahoo (YHOO), people involved in the discussions today.  —  Microsoft confirmed to BoomTown that talks between the two companies, which have been taking place all week, collapsed Saturday when they could not agree on a price.
New York Times:
Microsoft Withdraws Its Bid for Yahoo  —  Microsoft said Saturday that it was abandoning its blockbuster bid to acquire Yahoo after the two companies could not agree on a price.  —  The breakdown in the talks followed a meeting on Saturday morning in Seattle between Microsoft's chief executive …
Paul Kedrosky's Infectious Greed:
Analysis of the Microsoft Decision, Plus Yahoo's Hari-Kari  —  Here is my first-cut analysis of what has happened here:  — On the friendly front, Yahoo drew a hard line at $37 per share, well above the $33 that Microsoft now says it told Yahoo this week it was willing to go
MG Siegler / VentureBeat:
Yahoo breaks the wrist, Microsoft walks away  —  Microsoft is pulling its offer to buy Yahoo and walking away, a source tells CNET [it is now confirmed, update below].  The two sides, which had been in negotiations this weekend hoping for a deal, possibly as early as next week …
Michael Arrington / TechCrunch:
Email From Steve Ballmer To All Microsoft Employees  —  The following email was sent to all Microsoft employees from CEO Steve Ballmer at 5:17 pm PDT (see Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal):  —  To: “Microsoft - All Employees (QBDG)”
Discussion: VentureBeat and Beyond Binary
Drew Cullen / The Register:
Microsoft walks away from Yahoo!  —  Yahoo! Google strategem pays no dividends  —  Microsoft today abandoned attempts to buy Yahoo!, after a short weekend of negotiations in which it raised its offer by $5bn to $33 a share.  —  Microsoft still thinks the deal makes sense but not at the price that the Yahoo! board wants.
Yahoo! Issues Statement in Response to Microsoft  —  SUNNYVALE, Calif., May 03, 2008 (BUSINESS WIRE) — Roy Bostock, Chairman of Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company issued the following statement today in response to Microsoft Corporation's announcement that it has withdrawn its proposal to acquire Yahoo!:
Discussion: Geek Speaker and VoIP Blog
Ina Fried / Beyond Binary:
Microsoft says proxy battle not worth it
Discussion: and BloggingStocks
Om Malik / GigaOM:
Microsoft To Yahoo: Take a Hike!
Discussion: Mark Evans
John Paczkowski / Digital Daily:
Ballmer to Yang: Dear Jerry, Drop Dead
Henry Blodget / Silicon Alley Insider:
Microsoft Walking From Yahoo Deal, Will Not Pursue Hostile
Discussion: Tech Trader Daily and DealBook
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 …
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, Engadget and WebGuild
Will Weissert / Associated Press:
Cuba puts first computers on sale to the public
Discussion: CrunchGear
 Archived Page Info: 
This is a snapshot of Techmeme at 10:50 PM ET, May 3, 2008.

View the current page or another snapshot:

 Techmeme Sponsor Posts: 
Explore 3 futuristic Microsoft hardware labs  —  Explore a few of Microsoft's mind-blowing hardware labs, where a brilliant, diverse and cross-disciplinary cast of scientists make essential contributions to devices of today and tomorrow.
CEO Fraud: A First Hand Encounter  —  “CEO Fraud” is a sophisticated social engineering attempt to swindle money from companies — and it's working.  The FBI reports that over 7,000 victims have lost $750 million in the last 2 years from this scam.
It's All About Relationships When Selling Your Startup  —  What is actually required for a startup to get to an M&A?  While the popular image may be Facebook buying Instagram over one weekend, that's not how it usually happens.
Connect project management and issue tracking with our Task and Bug Linking feature  —  When it comes to building and distributing software, both development and testing go hand in hand.
Sponsor Techmeme
 See Also: 
Techmeme: site main
Techmeme River: reverse chronological Techmeme
Techmeme Mobile: for phones
Techmeme Leaderboard: Techmeme's top sources
Techmeme RSS feed
Techmeme on Twitter
 More Items: 
Brad Stone / New York Times:
Friends May Be the Best Guide Through the Noise
Arn / MacRumors:
AT&T Disables Free iPhone Wi-Fi (For Now)
Michael Arrington / TechCrunch:
Urgent Changes Are Needed To Facebook Messaging
Steven Hodson / WinExtra:
What is cloud computing?
Discussion: Profy.Com
Brady Forrest / O'Reilly Radar:
Mondrian, Just the First Internal Google Tool Be Released Via App Engine?
Hollywood Newsroom:
Exclusive: Tom Cruise buys Google Adwords, to launch new web site.
Ben Jones / TorrentFreak:
MPAA Silently Drops Case Against BitTorrent Site
Discussion: Mashable!
 Earlier Items: 
Antone Gonsalves / InformationWeek:
Apple Gets Top Marks For Tech Support
Sarah Perez / ReadWriteWeb:
Greasemonkey Scripts For the Social Media Addict
Hiptop 3:
Video on the Sidekick LX
Discussion: Engadget Mobile and Gizmodo
Spam reaches 30-year anniversary
Airport WiFi: Boingo Giving You 15 Minutes Free
Dan Farber / Outside the Lines:
YouTube disappears from the screen temporarily
Hiptop 3:
Sidekick Gekko/Aspen Screenshot

From Mediagazer:

Justin Ellis / Nieman Lab:
News organizations including BuzzFeed, The New York Times and The Washington Post have signed up to use Twitter's new product, Moments

Emily Nussbaum / New Yorker:
As TV evolves, viewers struggle with whether to embrace or resist its commercialism

Benjamin Mullin / Poynter:
NYT creates separate editorial group for production of print edition

Sister Sites:

 Must-read media news
 Politics, opinion, and current events
 Celebrity news and gossip