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BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium — CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash. The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night's closing price of $7.95.
Discussion:
Los Angeles Times, The Register, eWeek, Profy.Com, Digital Daily, Andy Beal's Marketing Pilgrim, WebProNews, HipMojo.com, dailywireless.org, Valleywag, BoomTown and AppScout
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CBS Corporation To Acquire CNET Networks, Inc. — CBS to Become a Top Ten U.S. Internet Company with Unparalleled Content and Reach, Boasting Approximately 200 Million Monthly Unique Users Worldwide — CNET Networks' CNET, ZDNet, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET …

CBS Buying CNET For $1.8 Billion; CBS Predicts $1 Billion Interactive Revenues By 2010 — CBS will pay $11.50 a share for CNET. The all-cash deal represents a premium of 44% above the $7.95 CNET closed at yesterday. Will it be enough to satisfy JANA et al?
Discussion:
paidContent.org, HipMojo.com, The Boy Genius Report, MarketingVOX, Smalltalk Tidbits …, innonate and Tech Ticker

CBS to buy CNET Networks — CBS has agreed to acquire CNET Networks in a deal valued at $1.8 billion, the companies said Thursday. — The purchase price comes to $11.50 per share, representing a 44 percent premium over Wednesday's closing price of $7.95.
Discussion:
Download Squad, paidContent.org, Screenwerk, SEO and Tech Daily, My Blog Posts, jkOnTheRun, Windows Connected and Mobility Site

Breaking: CBS to Acquire CNET for $1.8 Billion
Discussion:
paidContent.org

Advice For Jerry Yang — Steve Kirsch is one of a handful of people who can appreciate what Yahoo! Chief Executive Jerry Yang is facing right now. — The entrepreneur and former chief executive of Infoseek, a search engine that has withered away since being acquired by Disney, thinks Yahoo! …
Discussion:
CNET News.com, Los Angeles Times, TechWag, Andy Beal's Marketing Pilgrim and Business Week
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Icahn Sends Open Letter to Board of Directors of Yahoo! — SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS RELATED TO THE SOLICITATION OF PROXIES BY Carl C. Icahn AND HIS AFFILIATES FROM THE STOCKHOLDERS OF YAHOO! INC. FOR USE AT ITS ANNUAL MEETING …
Discussion:
Todd Bishop's Microsoft Blog

Icahn Moves to Oust Yahoo Board — Billionaire Hopes to Revive a Deal with Microsoft — Billionaire investor Carl Icahn officially launched a proxy contest to unseat Yahoo Inc.'s board, writing in a letter to Chairman Roy Bostock “the board of directors of Yahoo has acted irrationally …
Discussion:
Silicon Alley Insider


Icahn Will Launch Proxy Contest To Unseat Yahoo's Entire Board — Billionaire investor Carl Icahn is launching a proxy contest to unseat Yahoo Inc.'s board of directors, according to a person close to the matter — a move aimed at pressuring the Internet company to reach out to Microsoft Corp. to re-start sale discussions.

Icahn Confirms Stake And Proxy Fight; Pushing For Microsoft; Mark Cuban On List

At The Churchill Club: The Top 10 Tech Trends — I'm at the Fairmont Hotel in San Jose tonight, for the Churchill Club's annual Top 10 Tech Trends Dinner. This is the club's 10th annual tech trend panel. Making the picks: — Steve Jurvetson, Draper Fisher Jurvetson. — Vinod Khosla, Khosla Ventures.
Discussion:
A VC, The Pondering Primate, Redeye VC, LEWIS 360°, Guardian Unlimited, VentureWoods and VentureBeat


Anatomy of a rumor: The Atom-powered Newton iPhone — As Winston Churchill might have put it, an Apple rumor can fly halfway around the world before truth has a chance to get its boots on. — Case in point: the iPhone mini-tablet story that broke Wednesday afternoon in Germany.
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Confirmed: Comcast Bought Plaxo, Deal Closed Today — The rumors were accurate: Comcast will announce their acquisition of social contact list Plaxo today. Financial terms are not being disclosed, but the purchase price is between $150 and $170 million. Plaxo, which was founded in 2002 …
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Comcast to Acquire Plaxo; Pulse to Become Central to Creating Unified …
Discussion:
IP Democracy, eWeek, The Social Times, TechWag, Bits, Kelsey Group Blogs, The Blogging Times, MarketingShift, GigaOM, Associated Press, WebGuild, Latest Geek Stuff, Valleywag, VentureBeat and DealBook

Verizon shuns Android for LiMo — Sometime next year, Verizon will roll out a Linux OS as the “preferred operating system” for phones on its US wireless network. And that Linux OS is not Google Android. — But the big-name telco says it has no objections to selling Android phones as well.
Discussion:
Ars Technica
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Android faces a tougher battle, with Verizon and Mozilla backing LiMo

Ask.com: We're Not Dead — Jeeves, the former mascot of struggling search engine Ask.com, may be dead. But the site itself, CEO Jim Safka would like to remind everyone, is alive, and still dutifully serving up search results. — Its latest sign of life?
Discussion:
Cartoon Barry Blog
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Nintendo ordered to pay $21 million to patent troll — Remember Anascape Ltd, the little “gaming company” that sued Microsoft and Nintendo back in 2006 for controller patent infringement? Well, it's payday to the tune of $21 million after a jury found Nintendo's Wii Classic, WaveBird …
Discussion:
Electronista
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Introducing the Google Maps API for Flash — Here at Google, we receive a lot of feature requests - and it feels great every time we fulfill one of them. The ability to utilize the power of Google Maps from Flash is one of those requests that has been popping up on blog posts and other forums since …


O.K., Avatar, Work With Me — WHAT'S ON TV? — WHEN Nintendo released the Wii 18 months ago, it upended the notion of what video games could be. Moving beyond the sunlight-deprived young men at gaming's core, Nintendo appealed to the rest of the world with an intuitive, family-friendly entertainment experience.
Discussion:
Smart Mobs


Google Doctype, an Encyclopedia for Web Developers — Google released Doctype (HTML version), an encyclopedia of the open web. “The open web is the web built on open standards: HTML, JavaScript, CSS, and more. The open web is a beautiful soup of barely compatible clients and servers.