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5:50 PM ET, May 4, 2008

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Danny Sullivan / Search Engine Land:
Leaving Las Yahoo: Microsoft's $5 Billion Mistake?  —  If Microsoft's walkaway from the Yahoo deal is indeed a ploy to save $5 billion, Microsoft CEO Steve Ballmer may have proven himself pennywise and pound foolish.  He was prepared to spend billions to finally make Microsoft a serious rival to Google.
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Erick Schonfeld / TechCrunch:
Does Ballmer Need To Go?  —  Microsoft's dramatic decision this weekend to withdraw its offer for Yahoo and not pursue a hostile bid raises a whole host of questions.  What happens to Yahoo now?  What happens to Microsoft?  Or is this just a tactic to drive down the price of Yahoo's shares …
Discussion: DealBook and BoomTown
Miguel Helft / New York Times:
After Deal Dies, Yahoo Weighs Its Next Move  —  SAN FRANCISCO — How low will Yahoo's stock go on Monday?  And how long will it stay there?  —  These questions are high in the minds of Yahoo shareholders, and probably its management, as the company considers its options after Microsoft's decision …
Discussion: Digital Daily
Steve / The Secret Diary of Steve Jobs:
Ballmer now looking for other companies to not buy  —  So Peter Oppenheimer has been our point man watching the Microhoo deal, and he's predicted all along that it wouldn't ever take place, for reasons I first pointed out in my now-classic essay entitled Monkey Boy's three-legged race.
Discussion: About Mobility Weblog
Who da'Punk / Mini-Microsoft:
Microsoft Walks On By - Yahoo!  —  Well slap my ass and call me Judy!  Microsoft is walking away from acquiring Yahoo!  —  Hot Damn and Yahoo! … While sanity did not prevail in making this crazy offer, sanity prevailed in not doing whatever it took to make the Yahoo! acquisition happen.
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 …
The Gillmor Gang:
Gillmor Gang Emergency Edition 05.03.08
Dawn Kawamoto / CNET News.com:   Report: A peek behind the Yahoo-Microsoft meltdown
Kara Swisher / BoomTown:
Yahoo's Nightmare Scenario: I'm From Google and I'm Here to Help!
Yahoo!:
Yahoo! Issues Statement in Response to Microsoft
Discussion: InformationWeek
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) …
RELATED:
Darren Murph / Engadget:
Lenovo IdeaPad U110 unboxing and hands-on
Discussion: Tech Blog
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.
Enigmax / TorrentFreak:
Nine Inch Nails Give Away New Single on Facebook  —  In March, the Nine Inch Nails released their album ‘Ghosts’ under a non-commercial Creative Commons license, meaning that it can be shared freely.  The band confirmed that they had uploaded the album themselves to sites like The Pirate Bay, Waffles.fm and What.cd.
RELATED:
BLABBERMOUTH.NET:
NINE INCH NAILS: New Song Available For Free Download
Discussion: Podcasting News
Paul Kedrosky's Infectious Greed:
Analysis of the Microsoft Decision, Part II: What's Next?  —  So, what happens next?  Microsoft has walked away from Yahoo, or at least from its current takeover offer, and is saying it will move forward organically — and said word with its reek of cattle feces is appropriate here.
Discussion: CNET News.com
Tech-On! : tech news:
Sony Unveils Ultrasmall Hybrid Fuel Cell  —  Sony Corp prototyped a fuel-cell system small enough to fit in one hand.  The size of the system is about 50 × 30mm, which was realized by combining a fuel cell, Li-polymer secondary battery, control circuit and so forth.
Discussion: Engadget, Gizmodo and Digg
Corvida / SheGeeks:
Twitter 101: Clarifying The Rules For Newbies  —  Lots of Twitter guides tell you what you should do, but rarely explain how it should be done.  —  When joining Twitter, finding a “tweeting”, or messaging, balance will be rocky at first.  Don't worry, that's expected and we've all been through it.
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Ethan Malasky on Developing Secure AIR Applications  —  Ethan Malasky gave a talk on the tour about Developing Secure AIR Applications.  In the talk he covers how to update and deploy AIR applications securely …
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UltraExplorer, An Awesome Alternative to Windows Explorer  —  This weekend, I decided to look for an alternative to Windows Explorer.  Although Windows Explorer gets the job done, there's just a lot …
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Timothy Ferriss and The 4-Hour Workweek  —  Timothy Ferriss, author of the #1 NY Times bestseller, The 4-Hour Workweek explains how you can automate and outsource the process of becoming prosperous …
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 More Items: 
Ryan Block / Engadget Mobile:
HTC Touch Diamond shots and specs: this week's big announcement?
Joe Sharkey / New York Times:
The Camera That Wears a Badge
Discussion: Digg
 Earlier Items: 
Reuters:
D.Telekom eying possible Sprint buy: report