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3:20 AM ET, February 10, 2008

Techmeme

 Top Items: 
Wall Street Journal:
Yahoo to Reject Microsoft Bid  —  Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.
RELATED:
Henry Blodget / Silicon Alley Insider:
How Will MSFT Respond To YHOO's Counter?  —  Yahoo's “rejection” of Microsoft's $31 bid isn't a rejection but a counter-offer of $40 a share.  It remains to be seen whether the company will state this explicitly in its letter to Microsoft (unlikely), but it has already sent the message through theWall Street Journal.
New York Times:
Yahoo Board to Reject Takeover Bid From Microsoft  —  SAN FRANCISCO — Yahoo's board of directors plans to reject Microsoft's $44.6 billion hostile bid with a letter Monday saying the offer undervalues Yahoo, a person familiar with the matter said Saturday.  —  The decision to reject the bid …
Michael Arrington / TechCrunch:
Microsoft's $80 billion (and growing) Yahoo Headache  —  The buyer in any public-public merger generally sees a stock price hit - they're offering a premium over what the market thinks the seller is worth, and the market takes that out of the buyer's hide.  But Microsoft lost nearly $40 billion …
Discussion: CenterNetworks
Michael Arrington / TechCrunch:
Yahoo's Bold Whimper  —  A few well connected reporters said our prediction that Yahoo would make a decision on the Microsoft offer yesterday were off, and that Yahoo would take more time to make it's move.  But it seems that Yahoo did in fact make a decision yesterday.  They will reject Microsoft's offer.
Discussion: Byte of the Apple and HipMojo.com
Henry Blodget / Silicon Alley Insider:
Microsoft's Colossal Strategic Mistake: “We Need to Be in Advertising”  —  We believe the Microsoft Yahoo (MSFT / YHOO) acquisition will be a disaster.  So far, in support of this conclusion, we have cited integration, execution, and operational challenges.  Now it's time to look at the bigger picture.
Kara Swisher / BoomTown:
If Yahoo Only Had the Nerve-But Will It Be a Happy Ending?  —  With this bold gesture to reject the $44.6 billion offer from Microsoft, Yahoo will need more than hope for a happy ending, because there is a very scary downside to this plucky show of courage.  —  That's because Microsoft …
Discussion: Paul Kedrosky's …
New York Times:
Yahoo Expected to Reject Microsoft's Takeover Bid  —  Yahoo's board plans to reject Microsoft's $44.6 billion hostile bid in a letter on Monday, saying the offer undervalues Yahoo, people involved in the discussions said Saturday.  —  Microsoft, which hopes Yahoo will help it compete …
Discussion: paidContent.org
Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.”
Discussion: Yahoo! Finance and HipMojo.com
Kara Swisher / BoomTown:   No More Sand for the 98-Pound Weakling of the Web
Tom Foremski / Silicon Valley Watcher:
Is Salesforce Worth $75/Share To Oracle?  —  I'm hearing from a reliable source that Salesforce.com has approached Oracle to gauge if there is any interest in a sale at $75 a share.  That would be almost a 50 per cent premium over Friday's close of $50.87.  —  The deal would make sense:
Seth Weintraub / Computerworld Blogs:
Safari is about to get crazy fast  —  When Apple chose the KHTML engine for its Safari Browser in in 2003 over the more popular Gecko engine that powers Firefox, a lot of people were surprised.  Firefox was way more popular than the Konquerer browser and had a lot more open source developers on line.
Hannah Fairfield / New York Times:
Pushing Paper Out the Door  —  CHRIS UHLIK'S children can be found in their home computer lab almost every morning.  Nicole is writing a story about her two lizards.  Tony is playing an interactive spelling game, while Andy is learning multiplication tables.  Even 5-year-old Joceline is clicking away at a storybook game.
Jacqui Cheng / Ars Technica:
Blog, Social Network buzz correlates to better album sales  —  The amount of online “chatter” about an upcoming album release directly correlates to higher physical album sales, according to two researchers with New York University's Stern business school.  Professor Vasant Dhar …
Discussion: Digg
RISE Security:
ASUS Eee PC rooted out of the box  —  We recently acquired an ASUS Eee PC (if you want to know more about it, a lot of reviews are available on internet).  The first thing we did when we put our hands at the ASUS Eee PC was to test its security.  The ASUS Eee PC comes with a customized version …
Discussion: Gadgetell and Engadget
Danny Sullivan / Daggle:
Read The Wall Street Journal For Free  —  Reading Google News today, I noticed a Wall Street Journal article about the Microsoft-Yahoo deal listed.  I'd just seen that article earlier on Techmeme, when on my work computer, where I read it after having to log-in to the WSJ using my paid subscription.
Discussion: Joe Duck
 
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 More Items: 
Long Tran / Yanko Design:
Computer and Coffee On The Go  —  The Yuno PC is a new personal …
Discussion: The Raw Feed and DVICE
Rafat Ali / paidContent.org:
WGA Tentative Agreement: Language on New Media
Billboard:
Timbaland Creating Mobile Album For Verizon
The Pirate Bay:
Denmark, first look  —  So what has happened in Denmark now the past days?
Discussion: Slyck and P2P Blog
Ernesto / TorrentFreak:
The Pirate Bay and Filesharers Backed by Swedish Politicians
Discussion: DSLreports and Digg
 Earlier Items: 
Nicholas Deleon / CrunchGear:
Tentative deal reached in writers strike: Guild leaders say it …
Ernesto / TorrentFreak:
Mininova Launches Music Torrent Streaming
Discussion: Mininova blog, Mashable! and Digg
All About Symbian:
Nokia Maps 2.0 hits beta
Discussion: Engadget Mobile and Gizmodo
Alistair Croll / GigaOM:
Does the World Need Another Way to Search?
Ken Fisher / Ars Technica:
Microsoft says “sorry” with free Valentine's Zune 80 players