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11:00 PM ET, May 3, 2008

Techmeme

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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 News.com.
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Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated)  —  Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo.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 …
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 …
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.
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)”
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
Om Malik / GigaOM:
Microsoft To Yahoo: Take a Hike!  —  A few days ago I had pointed out that Microsoft's bid for Yahoo was a checkmate kind of a move: Yahoo couldn't win from this attack.  Today, by pulling its bid for the Sunnyvale, Calif.-based search company, Microsoft proved that again …
Discussion: Mark Evans and Changing Way
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.
Discussion: HipMojo.com
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 …
Yahoo!:
Yahoo! Issues Statement in Response to Microsoft
Discussion: Geek Speaker and VoIP Blog
Ina Fried / Beyond Binary:
Microsoft says proxy battle not worth it
Discussion: paidContent.org and BloggingStocks
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 News.com:
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
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Will Weissert / Associated Press:
Cuba puts first computers on sale to the public
Discussion: CrunchGear
 
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 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.
 Earlier Items: 
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MPAA Silently Drops Case Against BitTorrent Site
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Hiptop 3:
Video on the Sidekick LX
Discussion: Engadget Mobile and Gizmodo
BBC:
Spam reaches 30-year anniversary
Jaunted:
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Hiptop 3:
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From Mediagazer:

David Case / GlobalPost:
Global Post staff pay tribute to slain colleague, journalist James Foley

Joe Pompeo / Capital New York:
Former NYT communications chief Robert Christie joins Alibaba as VP of International Media

Agence France-Presse:
Anti-graft officers raid Hong Kong media tycoon's home

 
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