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3:20 PM ET, February 6, 2008

Techmeme

 Top Items: 
Henry Blodget / Silicon Alley Insider:
Microsoft Bid for Yahoo Drops To $29.50 a Share  —  As Yahoo waits in vain for other bidders or deal alternatives to emerge, the dissatisfaction of Microsoft investors with the Yahoo bid has reduced the value of Microsoft's offer to $29.50 a share.  —  Why?  — The bid is half-cash / half-stock,
RELATED:
Michael Arrington / TechCrunch:
Decision Time For Yahoo  —  The dust is settling on Microsoft's $31 per share offer to acquire Yahoo, and the options left open to the company are fairly well understood at this point.  There will almost certainly be no White Knight or other buyout offer coming to the table - the sorry state of the debt markets is assuring that.
Henry Blodget / Silicon Alley Insider:
A Yahoo White Knight Emerges!  Microsoft's Shareholders...  Microsoft's shareholders are unhappy about the Yahoo offer—and they're expressing their displeasure by voting with their feet.  As they do, they're driving the price of Microsoft's stock down, which, in turn, is driving the value of Microsoft's Yahoo bid down.
Discussion: Webware.com and WebProNews
Josh / Redeye VC:
Microsoft/Yahoo - let the exodus begin
Discussion: A VC and FoundRead
Elizabeth Woyke / Forbes:
Google Likely Out, And Happy  —  After dominating the U.S. wireless spectrum auction for months, from influencing the terms of the auction to bidding, it looks like Google is off the hook.  —  Nine days into the closely watched Federal Communications Commission auction …
Larry Dignan / Between the Lines:
AOL revenue continues to slide; Who are these 9.3 million AOL access subscribers?  —  AOL's revenue and operating income continued to slide as the parent Time Warner focuses on advertising.  For the fourth quarter, AOL reported operating income of $274 million on revenue of $1.25 billion.
RELATED:
Eric Savitz / Tech Trader Daily:
Time Warner To Split AOL Into 2 Parts; Could Reduce Cable Stake …
Bloomberg:   Time Warner to reconfigure AOL
Kara Swisher / BoomTown:
MySpace's San Francisco Debut in Living Color!  —  Last night, BoomTown checked out the new space MySpace is renovating for its soon-to-open San Francisco office.  The occasion was a party the social-networking site held for developers as part of its recent platform launch.
RELATED:
Marshall Kirkpatrick / ReadWriteWeb:
Facebook to Punish Stupid Applications, Reward Good Ones
Erick Schonfeld / TechCrunch:
Ex-Googlers Launch Instructional Video Site Howcast, Raise $8 Million A Round  —  A New York City startup called Howcast is launching today that wants to be the YouTube of instructional videos.  In fact, the three founders—Jason Liebman, Daniel Blackman and Sanjay Raman …
Greg Sandoval / CNET News.com:
Video site Revver shopping itself for a song  —  Revver, a YouTube competitor that made a name for itself by paying video producers, has fallen on hard times.  —  The company's staff has dwindled to less than half the size it was 18 months ago, according to former employees.
CmdrTaco / Slashdot:
Fifth Cable Cut To Middle East  —  You may have noticed a number of stories recently about undersea cables getting cut around the world.  Apparently the total is now up to 5, but the scariest part of this is that Iran is now offline.  You can also read Schneier's comments on this coincidence.
RELATED:
Josh Bernoff / Groundswell:
Why Social Applications Will Thrive In A Recession  —  Is a recession coming?  Don't ask me — I'm not an economist, and even the economists don't really know.  But if it's anything like the last recession, advertising will plummet and experimental media will crater.
Steve Tobak / CNET News.com:
Ten irrelevant technology companies  —  The great corporate graveyard is filled with hundreds, maybe thousands, of technology companies that managed to go public and then fizzled.  Still, most of them weren't going anywhere and never should have gone public to begin with.
Ryan Naraine / eWeek:
Adobe Ships Silent Fix for Critical PDF Reader Flaw  —  Adobe patched a gaping code execution hole in Reader but, inexplicably, has issued no public documentation on the risk severity.  —  Adobe has released a software fix for what's described simply as “security vulnerabilities” …
John Timmer / Ars Technica:
Holodeck 0.1: the durable, rewritable holographic display  —  Most of us are familiar with the cliché about tradeoffs: fast, cheap, or good, choose any two.  When it comes to holograms—two-dimensional media that can be used to create a three-dimensional image—there has been a well-defined series …
Discussion: Nature
Michael Steen / Financial Times:
KPN unmoved by iPhone  —  Apple's iPhone is “pretty useless” and sales in Germany have not dented new customer numbers for E-Plus, the German mobile unit of KPN, said Ad Scheepbouwer, chief executive of the Dutch telecoms company.  —  However, speaking after KPN reported fourth-quarter results …
 
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Smartsheet's CEO: Our Software Market Is Still in Its Early Stages  —  During a talk with TheStreet, Mark Mader argues his firm's work execution platform still has a lot of headroom to displace manual business processes.
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 More Items: 
Nitin Borwankar / GigaOM:
Data Property Rights, Not Portability
Discussion: Changing Way
Nick / Rough Type:
One computer to rule them all  —  The Register's Ashlee Vance points …
Major Nelson / Xbox Live's Major Nelson:
Xbox 360 HD DVD Player price drop (now US $129.99)
Erick Schonfeld / TechCrunch:
Wikinvest To Add Unique Comp Data For Stock Research
Daniel Terdiman / CNET News.com:
EA unveils Spielberg's ‘Boom Blox’ for Wii
Discussion: Opposable Thumbs
Zach Epstein / The Boy Genius Report:
Sprint Launches Unlimited Access Plan
Zach Epstein / The Boy Genius Report:
Rogers and Fido $7 Unlimited Browsing Plan Now Official
Discussion: Ubergizmo
Peter Kafka / Silicon Alley Insider:
“BigNews”: Ask's Digg Project Revealed (IACI)
Discussion: Rev2.org
 Earlier Items: 
Jacqui Cheng / Ars Technica:
No spin: Ars reviews the MacBook Air with solid state drive
Bloomberg:
Microsoft-Yahoo Linkup May Shut Google Out of Display
Paul Miller / Engadget:
AT&T's 2008 plans include 80 new cities with 3G, HSUPA network
Paul Miller / Engadget:
Mystery of the Vista-alike Windows 7 build finally solved
Discussion: TG Daily and Gadgetell
Danny Sullivan / Search Engine Land:
The Latest From Jerry: Stay Focused, Yahoos!
Mark Evans:
Could Anyone Buy Google?
Discussion: WebProNews
Enigmax / TorrentFreak:
How a BitTorrent Tracker Owner Hides from the MPAA/RIAA