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3:55 AM ET, May 4, 2008

Techmeme

 Top Items: 
Microsoft:
Microsoft Withdraws Proposal to Acquire Yahoo!  —  Microsoft Corp. today announced that it has withdrawn its proposal to acquire Yahoo! Inc.  —  Microsoft Corp. (NASDAQ: MSFT) today announced that it has withdrawn its proposal to acquire Yahoo! Inc. (NASDAQ: YHOO).
RELATED:
Yahoo!:
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Internet company issued the following statement today in response to Microsoft Corporation's announcement that it has withdrawn its proposal to acquire Yahoo!:
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Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated)  —  Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo.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 …
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.
New York Times:
Microsoft Withdraws Its Bid for Yahoo  —  Microsoft said Saturday that it was abandoning its blockbuster bid to acquire Yahoo after it raised its offer by $5 billion but Yahoo rejected it as still too low.  —  The about-face followed a meeting on Saturday morning in Seattle between Microsoft's …
Kara Swisher / BoomTown:
Yahoo's Nightmare Scenario: I'm From Google and I'm Here to Help!  —  Here's what a top-notch source at Yahoo joked to me tonight, after Microsoft walked away from its unsolicited takeover bid to acquire the long-troubled Internet giant.  —  “Google is now officially our best friend.”  —  Oh no.
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 said 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.
Kara Swisher / BoomTown:
MicroHoo: The Odd Couple Meetings Led Nowhere  —  After today's events, I guess you could say Yahoo and Microsoft tried, holding a series of meetings about a possible takeover that ended up proving exactly how incompatible the companies were.  —  Kind of like Oscar Madison and Felix Unger, but not funny in any way at all.
Discussion: Paul Kedrosky's …
Michael Arrington / TechCrunch:
Yahoo's Tough Week Ahead  —  At around 4:30 California time today news broke that Microsoft has formally withdrawn its offer to acquire Yahoo (see Ballmer's email to Microsoft employees here).  —  Among other things, that ends a three month stock party where the market value of Yahoo jumped …
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!
Discussion: Mark Evans and Changing Way
Yi-Wyn Yen / Fortune:
Blame it on Google  —  Microsoft CEO Ballmer said the software …
Discussion: MacDailyNews and CNNMoney.com
Michael Arrington / TechCrunch:
Email From Steve Ballmer To All Microsoft Employees
Dawn Kawamoto / CNET News.com:   Report: A peek behind the Yahoo-Microsoft meltdown
BBC:
Microsoft walks away from Yahoo
Discussion: TECH.BLORGE.com
Henry Blodget / Silicon Alley Insider:
Microsoft Walking From Yahoo Deal, Will Not Pursue Hostile
John Paczkowski / Digital Daily:   Ballmer to Yang: Dear Jerry, Drop Dead
Ina Fried / Beyond Binary:
Microsoft says proxy battle not worth it
Discussion: paidContent.org and BloggingStocks
MG Siegler / VentureBeat:
Yahoo breaks the wrist, Microsoft walks away
Discussion: CenterNetworks and Profy.Com
Drew Cullen / The Register:
Microsoft walks away from Yahoo!
Discussion: HipMojo.com
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 …
 
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 More Items: 
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?
 Earlier Items: 
Hollywood Newsroom:
Exclusive: Tom Cruise buys Google Adwords, to launch new web site.
Ben Jones / TorrentFreak:
MPAA Silently Drops Case Against BitTorrent Site
Jon Stokes / Ars Technica:
Intel: “Web 2.0"-style cloud computing just a passing vapor
Steven Musil / CNET News.com:
Cubans line up to buy their first legal PCs
 

 
From Mediagazer:

Joe Pompeo / Capital New York:
NYT considering shorter print edition at roughly half the price with unlimited digital access

Jeff Bercovici / Forbes:
Contently Launches A Nonprofit Arm To Do Investigative Journalism

Richard Ackland / Guardian:
WikiLeaks gag order: open justice is threatened by super-injuctions

 
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