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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.
Discussion:
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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 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, Electronista, BloggingStocks, Engadget, Valleywag, eWeek, Slashdot, Google Watch, Wall Street Journal and CNET News.com
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.
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 …
New York Times:
Yahoo Expected to Reject Microsoft's Takeover Bid — Yahoo's board plans to reject Microsoft's $44.6 billion hostile bid in a letter on Monday, saying the offer undervalues Yahoo, people involved in the discussions said Saturday. — Microsoft, which hopes Yahoo will help it compete …
Discussion:
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Peter Kafka / Silicon Alley Insider:
Yahoo Board To Microsoft: “Raise Your Offer and We'll Talk.” — The WSJ ($) 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.
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 …
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.
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.
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.
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 …
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.
