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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.
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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 …
Discussion:
Los Angeles Times, BoomTown, Engadget, eWeek, BloggingStocks, Google Watch, Slashdot, Wall Street Journal and WinBeta
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.
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.
Discussion:
HipMojo.com
Kara Swisher / BoomTown:
No More Sand for the 98-Pound Weakling of the Web — Well, everyone certainly misjudged Yahoo CEO Jerry Yang's resolve. — While BoomTown maintained from the start that the $31 a share Microsoft has bid for the Internet portal co-founded by Yang was way too cheap and wrote yesterday …
Discussion:
New York Times
Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.” — The WSJ ($) reports that Yahoo will reject MSFT's offer, and will send a letter expressing that sentiment Monday. In the meantime, however, Yahoo has used the Journal to counter Microsoft's $31 offer with a price of $40 a share.
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.
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Matt Richtel / New York Times:
Facing Free Software, Microsoft Looks to Yahoo — SAN FRANCISCO — Nearly a quarter-century ago, the mantra “information wants to be free” heralded an era in which news, entertainment and personal communications would flow at no charge over the Internet. — Now comes a new rallying cry: software wants to be free.
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.
Alistair Croll / GigaOM:
Does the World Need Another Way to Search? — Google's dominance in online search hasn't stopped hundreds of startups from trying to build a better mousetrap. Each is trying a new twist on search: geography, crowdsourcing, tags, user annotations, learned hierarchies and timelines.
Rafat Ali / paidContent.org:
WGA Tentative Agreement: Language on New Media — In the tentative WGA-AMPTP agreement, the exact language on the most contentious issue of online residuals: — The minimum for derivative dramatic programs is $618 for programs up to two minutes, plus $309 for each additional minute.
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
Ken Fisher / Ars Technica:
Microsoft says “sorry” with free Valentine's Zune 80 players — Microsoft's special Valentine's Day edition of the Zune (Red Zune 80) is apparently more popular than the company expected. The Zune Originals creation that was announced just three weeks ago has already been through …
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.
Associated Press:
Polaroid shutters the Polaroid — The photography company long known for its self-developing film cameras moves to focus on printers and digital technology. — BOSTON (AP) — Polaroid is dropping the technology it pioneered long before digital photography rendered instant film obsolete to all but a few nostalgia buffs.
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