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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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Business Wire:
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 …
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 …
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Search Engine Watch Blog, eWeek, Business Week, Electronista, TG Daily, Tech Ticker, GigaOM, WebProNews and VentureBeat
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.
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Associated Press
Kara Swisher / BoomTown:
Microsoft's Project Granola-Facebook Tastier Than Yahoo? — Project Granola? — Apparently, that's the jokey nickname that's been given by some in the company to Microsoft's (MSFT) new online strategy, in the wake of its failed efforts to acquire Yahoo (YHOO) that ended in a big heap of mess this past weekend.
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, Electronista, Gizmodo, Geek News Central, The Inquisitr, GottaBeMobile, UNEASYsilence and OSNN
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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.
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.
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Allan Leinwand / GigaOM:
Web 2.0, Please Meet Your Host, the Internet — I have a major problem with many of the Web 2.0 companies that I meet in my job as a venture capitalist: They lack even the most basic understanding of Internet operations. — I realize that the Web 2. community generally views Internet operations …
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MarketingShift
Ernesto / TorrentFreak:
Test: Does Your ISP Slow Down BitTorrent Traffic? — A while back we posted about the plugin Azureus had developed, which allowed people to check whether their ISP is interfering with their traffic. The results showed that indeed quite a few ISPs were, but the plugin didn't provide the user with direct feedback.
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DSLreports
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.
Andy Plesser / Beet.TV:
FORA.tv Raises $4 Million Round from Hearst, Adobe, Others — FORA.tv, referred by TechCrunch as the “C-SPAN of the Web,” has closed a Series A round of venture funding with $4 million from William Randolph Hearst III, Adobe Ventures and other investors. Hearst and Adobe were investors in the original $2 million seed round.
Saul Hansell / Bits:
Microsoft May Build A Copyright Cop Into Every Zune — If you like to download the latest episodes of “Heroes” or other NBC shows from BitTorrent, maybe you shouldn't buy a Microsoft Zune to watch them on. — A future update of the software for Microsoft's portable media player may well include …