Top Items:
Erick Schonfeld / TechCrunch:
$3.2 Billion WiMax Deal Goes Through. Take Cover. — The deal to combine Sprint Nextel's and Clearwire's fledgling WiMax businesses that was rumored last March is finally expected to go through. Comcast and Intel are supposed to put in $1 billion each; Time Warner, $550 million; Google …
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Larry Alder / Official Google Blog:
Investing in the future of the open Internet — As you may have read, Google, Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have entered into an agreement to invest $3.2 billion in a new wireless broadband company.
Anders Bylund / Ars Technica:
It's official: Sprint, ClearWire merging WiMAX operations — It's official. Sprint and ClearWire are combining their WiMAX business to form a new joint venture. Sprint will have 51 percent ownership, ClearWire 27 percent, and new investors Intel Capital, Time Warner Cable, Bright House, Google, and Comcast will own 22 percent.
Wall Street Journal:
Sprint Nears Deal With Clearwire — $12 Billion Joint Venture Secures Backing From Intel, Google and Cable Operators — Sprint Nextel Corp. and Clearwire Corp. are close to announcing a $12 billion joint venture that plans to roll out ultra fast wireless Internet access for cellphones …
Discussion:
USA Today, Engadget, WebProNews, MediaBytes with Shelly Palmer, GottaBeMobile, CNET News.com, VentureBeat, Gizmodo, Ars Technica, Telecompetitor, 24/7 Wall St., mocoNews.net, IP Democracy, Silicon Alley Insider, Digital Daily, Phone Scoop, DSLreports, MuniWireless, Fractals of Change, dailywireless.org and Valleywag
Om Malik / GigaOM:
U.S. WiMAX Saved by $3.2 Billion Infusion — You can all Xohm now — and call it Clearwire. The much talked about WiMAX joint venture between Clearwire and Sprint Nextel is going to happen and the news is going to come as soon as tomorrow. The combined company is going to be worth $12 billion, The Wall Street Journal reports.
Larry Dignan / Between the Lines:WiMax saved: Sprint, Clearwire form joint venture; Google, Intel among backers
Matt Richtel / New York Times:A Technology Consortium Plans a Wireless Network
Discussion:
Techdirt, WebGuild, ClickZ News Blog, CrunchGear, Electronista, Techland and Tech Trader Daily
Yuri Kageyama / Associated Press:
Bill Gates says Microsoft going ‘independent’ way — TOKYO - Microsoft Chairman Bill Gates said Wednesday the company isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo. — He said in Tokyo that the company put “a lot of effort” …
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Michael Arrington / TechCrunch:
Microsoft's Corporate Development Strategy Changing Daily — Microsoft Chairman Bill Gates told the press in Tokyo yesterday that the company “isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo.” Their experience dealing with Yahoo, apparently, has put them off acquisitions altogether.
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Andy Beal's Marketing Pilgrim
Matt Richtel / New York Times:
A $500 Million Week for Grand Theft Auto — SAN FRANCISCO — Grand Theft Auto IV, the latest iteration of the hit video game franchise, racked up first-week sales of $500 million, Take-Two Interactive, the game's publisher, plans to announce on Wednesday. The report exceeded the sales expectations of analysts.
Discussion:
TG Daily, Silicon Alley Insider, RyanSpoon.com, CNET News.com, BloggingStocks, Engadget HD, i-boy, 24/7 Wall St., TECH.BLORGE.com, Kotaku and Joystiq
Karl / DSLreports:
Comcast Considering 250GB Cap, Overage Fees — Insider provides details of new ‘protocol agnostic’ solution — A Comcast insider tells me the company is considering implementing very clear monthly caps, and may begin charging overage fees for customers who cross them.
Erick Schonfeld / TechCrunch:
Is Yang Still In Control At Yahoo? — Here's the latest Yahoo rumor that we're chasing: The Yahoo board of directors met earlier today and authorized chairman Roy Bostock, not CEO Jerry Yang, to call Ballmer about re-starting negotiations. In fact, this rumor may have been behind the small rally …
Discussion:
BBC NEWS, p2pnet, Los Angeles Times, Bloomberg, Silicon Alley Insider, Coop's Corner, Paul Kedrosky's … and CNET News.com
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Kara Swisher / BoomTown:Rumors of Jerry Yang's Dethroning Are Greatly Exaggerated
Discussion:
Voices
Caroline McCarthy / The Social:
Brightkite: A bright future for mobile social networking? — “Do you have a Brightkite invite yet?” — I was asked that question at least three times at last month's Web 2.0 Expo in San Francisco, one of those gatherings where an invitation to the latest private-beta social network is a coveted status symbol.
Arik Hesseldahl / Business Week:
Apple's Board: Still Room for Schmidt? — The Google CEO's spot on Apple's board could go from awkward to untenable as the search giant's mobile push brushes up against the iPhone — Until now, having Google Chief Executive Eric Schmidt sit on Apple's (AAPL) board of directors has made a lot of sense.
Timothy Lee / Techdirt:
Facebook Can Be Fun, But It's Also Useful — Mathew Ingram argues that Facebook is about fun, and that it's not that hard to turn a profit on a platform that's oriented around fun and games. He's certainly right that fun and business aren't incompatible, but I think it's a mistake to discount how useful it can be.
Nathan Willis / Linux.com:
What can you do with a second Ethernet port? — Purchase a new PC or motherboard soon, and the chances are good that it will come with two built-in network interfaces — either two Ethernet jacks or one Ethernet and one Wi-Fi. Tossing in a second adapter is an inexpensive way for the manufacturer …
Discussion:
Digg
Anne Broache / CNET News.com:
Ban ‘Second Life’ in schools and libraries, Republican congressman says — Some politicos in the U.S. Congress may be embracing Second Life (pictured here is California Democrat George Miller's press conference in the virtual world last year). But Illinois Republican Mark Kirk says it's …
