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10:55 AM ET, February 11, 2008

Techmeme

 Top Items: 
Business Wire:
Yahoo! Board of Directors Says Microsoft's Proposal Substantially Undervalues Yahoo!  —  Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said the Yahoo! Board of Directors has carefully reviewed Microsoft's unsolicited proposal with Yahoo!'s management team and financial …
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Times of London:
Yahoo! set to revive merger talks with AOL after rejecting hostile takeover  —  Yahoo! is seeking to restart merger talks with AOL as a means of defending itself against the $45 billion (£23 billion) hostile bid approach from Microsoft, The Times has learnt.
Brian Heater / AppScout:
Yahoo! Rejects Microsoft Bid, Courts AOL  —  It was a big weekend over at the Yahoo! Compound, in Sunnyvale, CA.  The company rejected Microsoft's unsolicited $44.6 billion on Saturday, stating that the bid massively undervalued the worth of the company.  —  “Yahoo's board believes …
Dawn Kawamoto / CNET News.com:
Yahoo rejects Microsoft's bid  —  update Yahoo announced Monday it is rejecting Microsoft's multibillion-dollar buyout offer, citing that it undervalues the company.  —  The announcement had largely been expected, as reports filtered out over the weekend such a decision had been made by Yahoo's board of directors.
Larry Dignan / Between the Lines:
Yahoo officially says no to Microsoft; It could get ugly  —  Yahoo on Monday made its rejection of Microsoft's $44.6 billion bid official, concluding that the software giant's offer “is not in the best interests of Yahoo! and our stockholders” and “substantially undervalues” the company.
Discussion: New York Times and ParisLemon
Michael Liedtke / Associated Press:
Yahoo rejects Microsoft's $44.6B bid
Erick Schonfeld / TechCrunch:
Yahoo Confirms Rejection Letter to Microsoft
Discussion: Search Engine Land and LiveSide
Jesus Diaz / Gizmodo:
Android Hands-On Video: It's Fast, It's Still Not There  —  We have been playing with the Android prototypes scattered through the Mobile World Congress here in Barcelona.  ARM had theirs running on one of their lower-end processors.  No fancy graphics demos, no iPhone-style multimedia fizzbang …
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Agence France Presse:
Google's Android software debuts in Barcelona  —  BARCELONA, Spain (AFP) - The first mobile phone fitted with Google's Android software platform has made its debut in Barcelona at one of the world's biggest telecom trade shows, Google said Monday.  —  Google is hoping Android will become …
BBC:   Nokia aiming to banish paper maps
Allen Stern / CenterNetworks:
Nokia Launches Mobile Ad Network
Discussion: Engadget, BBC NEWS and Mashable!
Evan Blass / Engadget:
Netflix picks Blu-ray, good luck renting an HD DVD soon  —  In what can only be classified as yet another crushing blow to the embattled HD DVD camp, rent-by-mail giant Netflix has just announced its intention to only stock Blu-ray titles in the future.  Netflix justified its decision …
Discussion: Electronista and Computerworld
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Reuters:
Netflix says chooses Blu-ray format over HD DVD  —  NEW YORK (Reuters) - Online video rental company Netflix Inc (NFLX.O: Quote, Profile, Research) said on Monday it would exclusively stock Blu-ray high-definition DVDs after a decision by some the world's biggest movie studios in favor of the Sony Corp …
Discussion: CrunchGear, Gizmodo and TECH.BLORGE.com
PR Newswire:
Netflix, Citing a Clear Signal From the Industry, Will Carry High-Def DVDs Only in Blu-ray Format  —  With the industry now having picked a winner in the face-off between the two competing high- definition DVD formats, Netflix, Inc. (NASDAQ: NFLX) , the world's largest online movie rental service …
Microsoft:
Microsoft Agrees to Acquire Danger Inc., Strengthens Mobile Consumer Vision  —  Acquisition of popular software and mobile services company will enhance Microsoft's ability to broadly deliver compelling mobile experiences.  —  Microsoft Corp. today announced it has entered into an agreement …
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Joseph Weisenthal / paidContent.org:
Microsoft To Acquire Sidekick Backer Danger Inc.; Bolsters Mobile Business  —  The shopping spree continues: Microsoft (NSDQ: MSFT), in the middle of a bid to acquire Yahoo (NSDQ: YHOO), has announced that it will acquire Danger Inc., the company behind the Sidekick mobile device.
Discussion: CenterNetworks and Electronista
The Boy Genius Report:
Microsoft aquiring Danger Inc. WTF?
Discussion: BBC NEWS
Chris Ziegler / Engadget:
The Nokia N96 redefines “high-end”  —  Rumored for a few weeks now as the N95's successor in waiting, the mighty N96 dual slider has gone all official on us at Mobile World Congress today.  Though the phone it replaces is still a beast by any measure, the N96 pushes the envelope further …
RELATED:
Brian Lam / Gizmodo:
The Nokia N96 Super Cellphone is Official: Gallery and Specs Here
Discussion: Engadget and DVICE
Caroline McCarthy / CNET News.com:
Nokia launches Ovi digital media, folds in Twango  —  Nokia acquired media-sharing start-up Twango last year, and now it's finally doing something with it.  —  Twango has been folded into Ovi, a new brand for Nokia's mobile Web services such as gaming, social networking, and mapping.
Discussion: Alec Saunders .LOG
RELATED:
Peter Kafka / Silicon Alley Insider:
MySpace Clips Facebook In January, But Both Slowing  —  Good news for MySpace: January comScore numbers show some audience metrics ticking up — and in many cases, outpacing rival Facebook.  The bad news for both social networks: Those same numbers still indicate that American users, at least, may be reaching social network fatigue.
Discussion: WebProNews and The Social Times
RELATED:
Jeremiah Owyang / Web Strategy:
The Many Challenges of Social Network Sites
Glenn Fleishman / Wi-Fi Networking News:
T-Mobile Loses Starbucks; AT&T Becomes Wi-Fi Hotspot Giant  —  Big news, and I had not an inkling of it, lest you think your loyal correspondent always has the inside track: Starbucks is shredding its deal in place since 2001, originally with MobileStar then T-Mobile, to switch to AT&T as their Wi-Fi provider.
Discussion: Business Wire and CNET News.com
Wall Street Journal:
Motorola, Nortel in Talks  —  Motorola Inc. and Nortel Networks Corp. are in talks to combine their wireless-infrastructure units in a joint venture, said people familiar with the situation, the latest response to slowing growth in the telecom-equipment industry.
 
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 More Items: 
Tom Krazit / CNET News.com:
Nvidia dialing into mobile phones
Discussion: BlackBerry Cool
USA Today:
Sprint CEO aims for winning strategy
Discussion: DSLreports
Kara Swisher / BoomTown:
WWMD: What Will Microsoft Do?
Mary Jo Foley / All about Microsoft:
Microsoft axes paid versions of Office Live Small Business
Discussion: eWeek, Microsoft and LiveSide
Michael Krigsman / IT Project Failures:
Customer blames bankruptcy on IBM IT failure
Wall Street Journal:
Sony Ericsson to Boost U.S. Presence
Discussion: mocoNews.net
 Earlier Items: 
CNN:
Microsoft likely to raise bid for Yahoo if board reject initial offer - analysts
Discussion: WebProNews and Micronet's blog
Adrian Kingsley-Hughes / Hardware 2.0:
UPDATED: Hackers - 1 : SP1 - 0
Discussion: Engadget, Slashdot and Digg
Dave Linthicum / InfoWorld:
5 Things that SOA Vendors are Missing
Discussion: CNET News.com
Rafat Ali / paidContent.org:
Dave Morgan, AOL's EVP-Global Advertising Strategy, Leaving For Startup World Again
Motoko Rich / New York Times:
HarperCollins Will Post Free Books on the Web