Top Items:
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.
Discussion:
Insider Chatter, Search Engine Journal, IT Project Failures, ParisLemon, All about Microsoft, MacRumors, Todd Bishop's Microsoft Blog, Tech Beat, CrunchGear, Googling Google, LiveSide, Andy Beal's Marketing Pilgrim, Ars Technica, HipMojo.com, A VC, Epicenter, TechBlog, MarketingVOX, Intuitive.com, SEO BlackHat, Rev2.org, Yahoo! Finance, RyanSpoon.com, Between the Lines, Search Engine Watch Blog, InformationWeek Weblog, paidContent.org, Download Squad, The Blog Herald, louisgray.com, Alice Hill's Real Tech News, ResourceShelf, The Next Web, Digital Daily, Seeking Alpha, TechConsumer, Pocket PC Thoughts, Brier Dudley's blog, WebProNews, Microsoft News Tracker, Lost Remote, ClickZ News Blog, Mashable!, BloggingStocks and Always On Real-Time Access
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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:
Electronista, Los Angeles Times, Engadget, BloggingStocks, Valleywag, eWeek, 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:
If Yahoo Only Had the Nerve-But Will It Be a Happy Ending? — With this bold gesture to reject the $44.6 billion offer from Microsoft, Yahoo will need more than hope for a happy ending, because there is a very scary downside to this plucky show of courage. — That's because Microsoft …
Discussion:
Paul Kedrosky's …
Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.” — The WSJ ($) 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.
Discussion:
Reuters
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
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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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.
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:
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.
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.
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.
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 …
