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8:35 AM ET, February 10, 2008

Techmeme

 Top Items: 
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 and SitePoint Blogs
RELATED:
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.
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 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 …
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:
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:
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?
Discussion: Paul Kedrosky's …
Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.”
Philg / Philip Greenspun's Weblog:
Microsoft is 2000 times less effective than Google; Yahoo Board seems to be insane  —  With Windows Vista continue to disappoint users and PC hardware designers continuing to produce ugly oversized desktops, Microsoft has apparently decided that Internet applications are the path to more revenue.
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.
Staska / Unwired View:
LG KF700 on display in Barcelona  —  When LG announced their KF510 handset, I wondered whether it will be the main phone they will be showing off during next weeks Mobile World Congress in Barcelona.  —  After all, the handset looked a little too simple to be a flagship for the biggest mobile industry show of the year.
Discussion: Gizmodo
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
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
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.
 
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 More Items: 
Rafat Ali / paidContent.org:
WGA Tentative Agreement: Language on New Media
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
Danny Sullivan / Daggle:
Read The Wall Street Journal For Free
Discussion: Joe Duck
 Earlier Items: 
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
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

 
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