Top Items:
Joseph Weisenthal / paidContent.org:
BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium — CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash. The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night's closing price of $7.95.
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Peter Kafka / Silicon Alley Insider:
CBS Buying CNET For $1.8 Billion — CBS will pay $11.50 a share for CNET. The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday. Will it be enough to satisfy JANA et al? — If you take the JANA team's argument at face value, this deal won't satisfy them …
PR Newswire:
CBS Corporation To Acquire CNET Networks, Inc. — CBS to Become a Top Ten U.S. Internet Company with Unparalleled Content and Reach, Boasting Approximately 200 Million Monthly Unique Users Worldwide — CNET Networks' CNET, ZDNet, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET …
Margaret Kane / CNET News.com:
CBS to buy CNET Networks — CBS has agreed to acquire CNET Networks in a deal valued at $1.8 billion, the companies said Thursday. — The purchase price comes to $11.50 per share, representing a 32 percent premium over Wednesday's closing price of $7.95.
Discussion:
Screenwerk
Eric Savitz / Tech Trader Daily:
At The Churchill Club: The Top 10 Tech Trends — I'm at the Fairmont Hotel in San Jose tonight, for the Churchill Club's annual Top 10 Tech Trends Dinner. This is the club's 10th annual tech trend panel. Making the picks: — Steve Jurvetson, Draper Fisher Jurvetson. — Vinod Khosla, Khosla Ventures.
Discussion:
The Pondering Primate, LEWIS 360°, Guardian Unlimited, Redeye VC, VentureBeat and VentureWoods
Wall Street Journal:
Icahn Will Launch Proxy Contest To Unseat Yahoo's Entire Board — Billionaire investor Carl Icahn is launching a proxy contest to unseat Yahoo Inc.'s board of directors, according to a person close to the matter — a move aimed at pressuring the Internet company to reach out to Microsoft Corp. to re-start sale discussions.
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Michael Arrington / TechCrunch:
Confirmed: Comcast Bought Plaxo, Deal Closed Today — The rumors were accurate: Comcast will announce their acquisition of social contact list Plaxo today. Financial terms are not being disclosed, but the purchase price is between $150 and $170 million. Plaxo, which was founded in 2002 …
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John / Plaxo's Personal Card:
Comcast to Acquire Plaxo; Pulse to Become Central to Creating Unified “Social Media” Experience Across the Web, the TV (and more) — Big doings at Plaxo today! We are really excited to announce some of the biggest news in the history of Plaxo: We have just signed an agreement** to be acquired by Comcast …
Discussion:
TechWag, Associated Press, GigaOM, WebGuild, Valleywag, VentureBeat, Latest Geek Stuff, The Real McCrea, paidContent.org, DealBook, Silicon Alley Insider and The Inquisitr
Vindu Goel / Bits:It's Complaxtic: Comcast Buys Plaxo to Boost Video Sharing
Discussion:
Kelsey Group Blogs
Jack Schofield / Guardian Unlimited:
Intel disclaims ZDNet report over larger iPhone or internet tablet — The Mac rumour sites have been buzzing about the idea of a MID (Mobile Internet Device) that could be considered an ultramobile Mac or large iPhone, especially since it was apparently “confirmed” by Hannes Schwaderer from Intel Germany.
RELATED:
Matt Buchanan / Gizmodo:Intel Germany CEO Spills on Atom-Based Mini-Tablet iPhone
Discussion:
PalmAddicts
Mike Ricciuti / Webware.com:
Adobe set to test new Flash Player — Adobe on Thursday is expected to launch a beta test program for the latest version of its Flash Player software. — Flash Player 10, developed under the code name Astro, includes better support for 3D animation and video hardware acceleration, among other improvements.
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Mark Cuban / Blog Maverick:
Beating Google ? — Is there anything more fun than sitting around, growing your hair, drinking a Bud while listening to Jethro Tull and pondering how to change the balance of power in the search world and unseat Google ? — Better search ? Too subjective. Better monetization ? After the fact.
Stephen Shankland / CNET News.com:
Ask.com to buy Dictionary.com owner — Ask.com, the fourth-ranked search engine, plans to increase its heft through an agreement to acquire Lexico Publishing Group, which operates the Dictionary.com, Thesaurus.com, and Reference.com Web sites. — Ask.com didn't release terms of the acquisition …
RELATED:
Staci D. Kramer / paidContent.org:Lexico, Dictionary.com Being Acquired By Ask.com; Price In $100 Million Range
Discussion:
Silicon Alley Insider
Alex Iskold / ReadWriteWeb:
The Rise of Contextual User Interfaces — Web 2.0 has brought many wonderful innovations and ideas to the Internet. We can no longer imagine the web without a social dimension, and we can no longer imagine an online world that is read-only - it is now a read/write web full of user-generated content.
Mark Hendrickson / TechCrunch:
Strands Absorbs Another Personal Finance Company — Strands has made a second recruitment in its effort to develop a Mint competitor called moneyStrands that leverages the same recommendation engine behind its video and music products. — Just over two weeks ago Strands acquired Expensr …
Janet / Small Business Blog Attard:
Overstock.com Drops NY Affiliates — Legislators, Heads Up: Before you enact laws that you think might bring in more money to your coffers, consider what those laws do to the small businesses in your state - and how much you'll lose in both sales tax and income tax when those small businesses …
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Mark Hendrickson / TechCrunch:
Amazon Funds Animoto Music Video Creator — Amazon has taken a special interest in one of its web service customers: Animoto, the machine-driven music video creator that launched last August and now has over 160,000 users. The online retail giant has decided to fund the startup with an undisclosed amount of money.
