Top Items:
Ina Fried / Beyond Binary:
Microsoft pulls its Yahoo offer — Update 2 p.m. PDT: Microsoft has made its move official. Click here for the story and here for the text of a letter Ballmer sent to Yang. — Microsoft is withdrawing its offer for Yahoo after talks between the two companies broke down on Saturday, a source told CNET News.com on Saturday.
Discussion:
GigaOM, Mark Evans, Digital Daily, Search Engine Land, HipMojo.com, Slashdot, CrunchGear and WinBeta
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Michael Arrington / TechCrunch:
Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated) — Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo. Talks between the two companies and their advisors broke down earlier today, according to a source close to Microsoft …
Discussion:
Beyond Binary, Search Engine Journal, SarahLacy.com, Silicon Alley Insider, Thomas Hawk's Digital … and WinExtra
Microsoft:
Microsoft Withdraws Proposal to Acquire Yahoo! — Microsoft Corp. today announced that it has withdrawn its proposal to acquire Yahoo! Inc. — Microsoft Corp. (NASDAQ: MSFT) today announced that it has withdrawn its proposal to acquire Yahoo! Inc. (NASDAQ: YHOO).
Kara Swisher / BoomTown:
BREAKING: MICROSOFT WALKS — After a months-long standoff, Microsoft (MSFT) has abandoned its bid for Yahoo (YHOO), people involved in the discussions today. — Microsoft confirmed to BoomTown that talks between the two companies, which have been taking place all week, collapsed Saturday when they could not agree on a price.
Discussion:
Mini-Microsoft, Digital Daily, Valleywag, Hollywood Newsroom, Paul Kedrosky's … and Wall Street Journal
MG Siegler / VentureBeat:
Yahoo breaks the wrist, Microsoft walks away — Microsoft is pulling its offer to buy Yahoo and walking away, a source tells CNET [it is now confirmed, update below]. The two sides, which had been in negotiations this weekend hoping for a deal, possibly as early as next week …
Ina Fried / Beyond Binary:
Microsoft says proxy battle not worth it — Microsoft officially pulled its offer for Yahoo on Saturday, confirming an earlier report by CNET News.com. — In a letter to Yahoo's CEO Jerry Yang, Microsoft chief Steve Ballmer confirmed that Microsoft was willing to offer $33 a share …
Paul Kedrosky's Infectious Greed:
Analysis of the Microsoft Decision, Plus Yahoo's Hari-Kari — Here is my first cut analysis of what has happened here: — On the friendly front, Yahoo drew a hard line at $37 per share, well above the $33 that Microsoft now says it told Yahoo this week it was willing to go
Jon Stokes / Ars Technica:
Intel: “Web 2.0"-style cloud computing just a passing vapor — Let's say that you're Intel, and you spent $5.5 billion in capital expenditures in 2007, much of it on the 45nm transition, and all of it for the purpose of beating rivals at delivering performance-per-watt increases across a range …
Hollywood Newsroom:
Exclusive: Tom Cruise buys Google Adwords, to launch new web site. In two days, his official web site TomCruise.com is gonna... ITEM: Tom Cruise is buying Google Adwords. His Scientology handlers must be working on his SEO optimization; type in “Tom Cruise” in Google Search …
Michael Arrington / TechCrunch:
Urgent Changes Are Needed To Facebook Messaging — Facebook email, which they call messages, is becoming completely unusable as a personal or business productivity tool. When I first joined Facebook it was fine. I only had a few friends on the service, and people didn't do much with it except to occasionally say hi.
Brad Stone / New York Times:
Friends May Be the Best Guide Through the Noise — CATHY BROOKS is a typically unapologetic Silicon Valley Web addict. Last week alone, she produced more than 40 pithy updates on the text messaging service Twitter, uploaded two dozen videos to various video sharing sites …
Steven Musil / CNET News.com:
Cubans line up to buy their first legal PCs — Perhaps the days of looking at Cuba as the island that technology forgot are beginning to wane. — Late last month, President Raul Castro's government lifted the ban on ordinary citizens from owning a cell phone and getting cell service …
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Dan Farber / Outside the Lines:
YouTube disappears from the screen temporarily — At 7:00 a.m. PDT I was heading for my video page on YouTube and ran into this message: — I was getting to other sites just fine, so it's safe to assume it's a Google problem. YouTube receives 10 hours of video per minute and is by far the leader in the crowded field.
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