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1:20 PM ET, May 4, 2008

Techmeme

 Top Items: 
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Internet company issued the following statement today in response to Microsoft Corporation's announcement that it has withdrawn its proposal to acquire Yahoo!:
RELATED:
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 today announced that it has withdrawn its proposal to acquire Yahoo!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 (NASDAQ: MSFT) today announced that it has withdrawn its proposal to acquire Yahoo!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).
The Gillmor Gang:
Gillmor Gang Emergency Edition 05.03.08  —  The Gillmor Gang - Mike Arrington, Doc Searls, Dan Farber, Dana Gardner, Robert Anderson, and Robert Scoble - turn off the lights on the Microsoft/Yahoo deal?  Recorded Saturday, May 3, 2008.  —  This entry was posted on Saturday, May 3rd, 2008 at 8:44 pm and is filed under Gillmor Gang.
Discussion: Outside the Lines
DealBook:
Guessing Yahoo's Opening Stock Price  —  Update: We've added more predictions below.  Well, Yahoo seems to have gotten what it wanted.  —  The company managed to fend off Microsoft's unwanted advances, even after the software giant sweetened its bid by $5 billion — an amount Yahoo felt still wasn't enough.
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.
Ina Fried / Beyond Binary:
OK, so what's Microsoft's plan B?  —  With Yahoo apparently off the table, it's time to see what Microsoft's back-up plan looks like.  —  Microsoft has said for some time that it has a strategy with or without Yahoo, but it's a strategy clearly in need of a jump-start.
Wall Street Journal:
Microsoft Withdraws Yahoo Offer After Attempt to Bridge Gap in Price  —  Microsoft Corp. said it abandoned its offer for Yahoo Inc., as the two companies failed to bridge a gap between them on price.  —  Microsoft Saturday released a letter from Chief Executive Steve Ballmer …
Dawn Kawamoto / CNET News.com:
Report: A peek behind the Yahoo-Microsoft meltdown  —  Curious how Microsoft's multi-multi-multi-billion dollar buyout bid for Yahoo sputtered, then crashed?  —  Kara Swisher's BoomTown column in All Things Digital has an interesting account of the missteps, sidesteps …
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 …
Yi-Wyn Yen / Fortune:
Blame it on Google  —  Microsoft CEO Ballmer said the software giant decided to walk away from a bid because Yahoo would become ‘undesirable’ if it formed an alliance with Google.  —  (Fortune) — Google proved to be the final straw that broke Microsoft CEO Steve Ballmer's back.
Discussion: MacDailyNews and CNNMoney.com
Kara Swisher / BoomTown:
Yahoo's Nightmare Scenario: I'm From Google and I'm Here to Help!
Paul Kedrosky's Infectious Greed:
Analysis of the Microsoft Decision, Plus Yahoo's Hari-Kari
Discussion: broadstuff
Michael Arrington / TechCrunch:
Email From Steve Ballmer To All Microsoft Employees
Michael Arrington / TechCrunch:
Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated)
New York Times:
Microsoft Withdraws Its Bid for Yahoo
BBC:
Microsoft walks away from Yahoo
Discussion: Gizmodo and TECH.BLORGE.com
Daniel Cochlin / Daily Mail:
Robobug goes to war: Troops to use electronic insects to spot enemy ‘by end of the year’  —  It may have seemed like just another improbable scene from a Hollywood sci-fi flick - Tom Cruise battling against an army of robotic spiders intent on hunting him down.
Discussion: Digg
Darren Murph / Engadget:
Lenovo IdeaPad U110 overview and video  —  After giving the new IdeaPad U110 its 15 minutes of fame in front of the camera, we got down to business.  The 11.1-inch ultraportable is built like a tank — a really, really lightweight tank.  The uniquely-designed lid and (overly) …
Discussion: Guardian Unlimited
RELATED:
Darren Murph / Engadget:
Lenovo IdeaPad U110 unboxing and hands-on
Discussion: Tech Blog
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 More Items: 
Reuters:
D.Telekom eying possible Sprint buy: report
Brad Stone / New York Times:
Friends May Be the Best Guide Through the Noise
 Earlier Items: 
Arn / MacRumors:
AT&T Disables Free iPhone Wi-Fi (For Now)
Michael Arrington / TechCrunch:
Urgent Changes Are Needed To Facebook Messaging
 

 
From Mediagazer:

Lisa O'Carroll / Guardian:
Met probes claims that Sun paid some public officials more than £10k a year

Victor Fiorillo / The Philly Post:
Mass Layoffs Imminent at Inquirer, Daily News?

Will Rahn / The Daily Caller:
Media Matters tax-exempt status may face new scrutiny from Congress

 
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