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Breaking: Yahoo Acquires Zimbra For $350 million in Cash — Yahoo will announce the acquisition of open source online/offline office suite Zimbra this evening, we just heard through a very solid source. The price: $350 million, in cash, confirmed. — Our coverage of Zimbra goes back to 2005.
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Yahoo Buys Zimbra for $350 Million — Yahoo is set to make yet another acquisition-this time of white-label open-source email provider Zimbra. Sources close to the deal said that the Internet portal will pay $350 million, considerably upwards of its most recent valuation, for the email and calendar provider.
Discussion:
mathewingram.com/work, paidContent.org, Between the Lines, VentureBeat and Practical Blogging

Yahoo! Announces Agreement to Acquire Zimbra — Acquisition of Innovative E-mail Company Bolsters Leadership in Communications; Extends Expertise to Universities, Small and Medium-Sized Businesses and Service Provider Partners — SUNNYVALE, Calif.—(BUSINESS WIRE)—Yahoo! Inc. (NASDAQ:YHOO …


TechCrunch 40 Session 1: Search & Discovery — Session one as follows, including our live notes. — Powerset — Powerset is a natural language search engine that can use everyday phrases and grammer to conduct more accruate web searches by understanding the search query and the pages it indexes.
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Powerset: Move Over, Google — The search giant is unfazed by competition from "natural language" upstarts, but users—and advertisers—may benefit once they get the hang of the new tool — How do you beat Google (GOOG) at its own game? Search engine upstart Powerset is betting on the wisdom of the crowds.


Follow the TechCrunch40 Conference Online — Couldn't snag a ticket to this year's TechCrunch40 conference? Head on over to techcrunch40.com to follow the action online. — We've put together a fully-featured website for the event, which starts this morning and continues through Tuesday evening.
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TechCrunch 40 Session 2: Mobile & Communications — Session two as follows, including our live notes. — Cubic Telecom — Cubic Telecom is creating a global Mobile Virtual Network (MVNo). The company aims to drastically reduce international calling rates by lowering mobile roaming and call charges.
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TC40: Mobile and Communications — Next up at TechCrunch 40 at the Palace Hotel in San Francisco, where connectivity is a crap shoot, is a panel on mobile and communications companies. — The judges are the same as the last panel: Wired's Chris Anderson, Netscape founder Mark Andreessen …
Discussion:
Tech Talk with Dean Takahashi

Next up at TechCrunch40: Mobile and Communications
Discussion:
Mashable!


Microsoft loses anti-trust appeal — Microsoft has lost its appeal against a record 497m euro (£343m; $690m) fine imposed by the European Commission in a long-running competition dispute. — The European Court of First Instance upheld the ruling that Microsoft had abused its dominant market position.
Discussion:
Engadget, Good Morning Silicon Valley, Todd Bishop's Microsoft Blog, Microsoft, How To Split An Atom, Download Squad, Hardware 2.0, Reuters, CyberNet Technology News, WebProNews, Simple Thoughts, Between the Lines, TechBlog, AccMan Pro, TechSpot News, The Tech Report, Microsoft News Tracker and Mashable!
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EU: Microsoft Is a Monopoly
Discussion:
Open Source

AOL Realigns Business, Unveils Global Integrated Advertising Platform — The New Entity, Platform A, Will Offer Advertisers Access to the Largest Internet-wide Display Advertising Network and Most Sophisticated Tools; Builds on Success of Advertising.com and Integrates TACODA, Third Screen Media, Lightningcast and ADTECH
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Vista attacked by 13-year-old virus — A batch of laptops pre-installed with Windows Vista Home Premium was found to have been infected with a 13-year-old boot sector virus. — Those of you with a long memory will vividly recall the year 1994: Nirvana's lead singer Kurt Cobain died …

Free online music service launches — LOS ANGELES - SpiralFrog.com, an ad-supported Web site that allows visitors to download music and videos free of charge, was scheduled to launch Monday in the U.S. and Canada after months of "beta" testing. — The music service, which has arranged …
RELATED:

SpiralFrog's "free" music download service goes live
Discussion:
Ars Technica


China man dies after three-day Internet session — China man dies after three-day Internet session — BEIJING (Reuters) - A Chinese man dropped dead after playing Internet games for three consecutive days, state media said on Monday as China seeks to wean Internet addicts offline.


Has smart money abandoned U.S. Web 2.0 companies? — Venture capitalists invested about six percent more into Web 2.0 companies in the first half of 2007, but the increase was attributable to more deals in Europe and Israel. — Notably, early investors in Web 2.0 slowed their pace.


TC40 Keynote Speakers: Humble Beginnings — Our live blog of the Keynote Speakers: Humble Beginnings Sessions from TechCrunch40. — Sequoia's Michael Moritz introduces the three guests: Marc Andreessen, David Filo and Chad Hurley. — An amazing lineup: for those old enough …


A simple plan to slash the price of tunes for your iPod — I'm back at my favorite record store and I see a guy approach the owner with a proposition: "I want to buy music to put it on my iPod and then resell the disc to you." Intrigued, I jumped into the conversation, egging the guy on.
Discussion:
TECH.BLORGE.com