Top Items:
Larry Alder / Official Google Blog:
Investing in the future of the open Internet — As you may have read, Google, Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have entered into an agreement to invest $3.2 billion in a new wireless broadband company.
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Erick Schonfeld / TechCrunch:
$3.2 Billion WiMax Deal Goes Through. Take Cover. — The deal to combine Sprint Nextel's and Clearwire's fledgling WiMax businesses that was rumored last March is finally expected to go through. Comcast and Intel are supposed to put in $1 billion each; Time Warner, $550 million; Google …
Discussion:
eWeek
Eric Savitz / Tech Trader Daily:
Sprint, Clearwire Make It Official, Form WiMax Venture — Sprint (S) and Clearwire (CLWR) this morning made it official, an announced the combination of their two projects to launch a nationwide wireless broadband service using WiMax technology. — The WSJ had most of the terms in their story yesterday …
Clearwire News Room:
Sprint and Clearwire to combine WIMAX businesses, creating a new mobile broadband company — Intel, Google, Comcast, Time Warner Cable and Bright House Networks to Invest — $3.2 Billion in Combined Company, at Target Price of $20.00 per Share — Formation of New Company Brings Together …
Discussion:
John Cook's Venture Blog, Between the Lines, CNN, Reuters, Digital Trends, dailywireless.org, TabletBlog.com, The Inquisitr and Telecompetitor
Michelle Chapman / Associated Press:Clearwire, Sprint Nextel to form $14.55B wireless company
Discussion:
The Tech Report
Wall Street Journal:Sprint Nears Deal With Clearwire
Discussion:
eWeek, Digital Daily, USA Today, Silicon Alley Insider, Engadget, CNET News.com, WebProNews, localmobilesearch.net, MediaBytes with Shelly Palmer, GottaBeMobile, VentureBeat, Gizmodo, 24/7 Wall St., ClickZ News Blog, mocoNews.net, Ars Technica, IP Democracy, Techland, Phone Scoop, DSLreports, MuniWireless, dailywireless.org and Valleywag
Om Malik / GigaOM:U.S. WiMAX Saved by $3.2 Billion Infusion
Discussion:
eWeek, Business Week, TG Daily, Google Watch, Electronista, Los Angeles Times and Silicon Alley Insider
Yuri Kageyama / Associated Press:
Bill Gates says Microsoft going ‘independent’ way — TOKYO - Microsoft Chairman Bill Gates said Wednesday the company isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo. — He said in Tokyo that the company put “a lot of effort” …
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Michael Arrington / TechCrunch:
Microsoft's Corporate Development Strategy Changing Daily — Microsoft Chairman Bill Gates told the press in Tokyo yesterday that the company “isn't pursuing other deals following the withdrawal of its $47.5 billion takeover bid for Yahoo.” Their experience dealing with Yahoo, apparently, has put them off acquisitions altogether.
Karl / DSLreports:
Comcast Considering 250GB Cap, Overage Fees — Insider provides details of new ‘protocol agnostic’ solution — A Comcast insider tells me the company is considering implementing very clear monthly caps, and may begin charging overage fees for customers who cross them.
Discussion:
Techdirt, Scripting News, OSNN, Geek News Central, The Inquisitr, Electronista, Gizmodo and GottaBeMobile
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John Timmer / Ars Technica:Comcast mulling metered access, 250GB monthly bandwidth caps
Discussion:
DSLreports
Matt Richtel / New York Times:
A $500 Million Week for Grand Theft Auto — SAN FRANCISCO — Grand Theft Auto IV, the latest iteration of the hit video game franchise, racked up first-week sales of $500 million, Take-Two Interactive, the game's publisher, plans to announce on Wednesday. The report exceeded the sales expectations of analysts.
Discussion:
Tech Trader Daily, Silicon Alley Insider, RyanSpoon.com, Joystiq, TG Daily, 24/7 Wall St., Kotaku, BloggingStocks, Engadget HD, i-boy, TECH.BLORGE.com and Switched
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Arik Hesseldahl / Business Week:
Apple's Board: Still Room for Schmidt? — The Google CEO's spot on Apple's board could go from awkward to untenable as the search giant's mobile push brushes up against the iPhone — Until now, having Google Chief Executive Eric Schmidt sit on Apple's (AAPL) board of directors has made a lot of sense.
Erick Schonfeld / TechCrunch:
Is Yang Still In Control At Yahoo? — Here's the latest Yahoo rumor that we're chasing: The Yahoo board of directors met earlier today and authorized chairman Roy Bostock, not CEO Jerry Yang, to call Ballmer about re-starting negotiations. In fact, this rumor may have been behind the small rally …
Discussion:
BBC NEWS, CyberNet, p2pnet, Los Angeles Times, Bloomberg, Silicon Alley Insider, Coop's Corner, Paul Kedrosky's … and Associated Press
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Kara Swisher / BoomTown:Rumors of Jerry Yang's Dethroning Are Greatly Exaggerated
Discussion:
Voices
Caroline McCarthy / The Social:
Brightkite: A bright future for mobile social networking? — “Do you have a Brightkite invite yet?” — I was asked that question at least three times at last month's Web 2.0 Expo in San Francisco, one of those gatherings where an invitation to the latest private-beta social network is a coveted status symbol.
CNN:
Viacom Chairman: Won't Tolerate Piracy By Video Sharing Web Sites — SEOUL -(Dow Jones)- Sumner Redstone, executive chairman of Viacom Inc. (VIA, VIAB) and CBS Corp. (CBS), Tuesday called on Internet operators to step up protection of content providers' copyrights and reiterated …
Mary Jo Foley / All about Microsoft:
Microsoft Live Mesh to get more competition — from Sun — At the opening day of JavaOne on May 6, Sun officials began laying out their vision for a future cloud-computing platform, code-named Hydrazine, that Sun plans to field against competitive offerings from Microsoft, Google, Amazon and others.
Bill Ray / The Register:
BT Fusion rises again — Son of Fusion is here - BT has launched what it's calling “Total Broadband Anywhere”, with Windows Mobile handsets from HTC and membership of BT's FON network. — Last time we discussed Fusion with BT they told us it was far from dead, and while this new offering might lack …
Discussion:
Electronista
Anne Broache / CNET News.com:
Ban ‘Second Life’ in schools and libraries, Republican congressman says — Some politicos in the U.S. Congress may be embracing Second Life (pictured here is California Democrat George Miller's press conference in the virtual world last year). But Illinois Republican Mark Kirk says it's …
