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Microsoft Corp. today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. SYS-CON.com here brings you the full text of the letter that Microsoft sent to Yahoo!'s Board of Directors: January 31, 2008 Board of Directors Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089 Attention: Roy Bostock, Chairman Attention: Jerry Yang, Chief Executive Officer Dear Members of the Board: I am writing on behalf of the Board of Directors of Microsoft to make a proposal for a business combination of Microsoft and Yahoo!. Under our proposal, Microsoft would acquire all of the outstanding shares of Yahoo! common stock for per share consideration of $31 based on Microsoft's closing share price on January 31, 20... (more)

Microsoft-Yahoo! - First Reactions Reverberate Around the Blogosphere

"One of the most important (if not the most important) news for 2008, and we are just in February," remarked Nelson Cienfuegos of the In Digital Marketing blog. He and nearly 60,000 others bloggers have been vigorously chewing over the ins and outs of Microsoft's $44.6BN mega-bid to acquire Yahoo! Inc. Cienfuegos continued: "First it was Microsoft investing in Facebook, now Microsoft is making a bid to acquire Yahoo for $44.6 Billion in order to create a powerful merger that will help both companies compete against Google. Yahoo! continues to struggle against Google in the race for online-advertising revenue and Internet-search market share. Yahoo stock closed at $19.18 at market close on Jan 31st 2008, this offer, $31 a share in cash and stock, is a 62% premium to yesterdays closing price. The market has yet opened and Yahoo stock is already at $30+ in premarket pri... (more)

Our Social Network Just Got Bigger

LG Electronics Canada and Rogers Wireless today announced a world first: the LG Eve, a new Android OS-based smartphone designed specifically for social networking, is now available exclusively at Rogers. The LG Eve provides customers with the freedom of mobile social networking, making it easier to stay connected anytime, anywhere. The ultimate smartphone for social media enthusiasts, the LG Eve features a special application called Social Network Services (SNS) Manager, which brings together a user's Facebook, Twitter and Bebo networks into one place, letting them check status updates in real time. The SNS Manager takes social networking to a new level by connecting the contact list to provide an easy to read log for each contact, so the user can see the contact for each friend, whether that be via SMS, email, Facebook, Twitter or on a call. Additionally, the LG Ev... (more)

No Salvation for Yahoo! from News Corp.

News Corp. CEO Rupert Murdoch, who knows a thing or two about hostile takeovers and last year proposed merging his MySpace property with Yahoo, told Wall Street Monday that he's not interested in Yahoo! and even less interested in AOL. Ditto NBC Universal and Comcast. Google Blinks, Raises Objections to Microsoft-Yahoo Merger Google doesn't like the idea of Microsoft buying Yahoo any more than Microsoft likes the idea of Google buying DoubleClick. In a blog Google general counsel David Drummond posted on Super Bowl Sunday Microsoft's $44.6 billion hostile bid for Yahoo "raises troubling questions." "This is about more than simply a financial transaction, one company taking over another," he wrote. "It's about preserving the underlying principles of the Internet: openness and innovation," throwing in Microsoft's face allegations of possible monopolization and antitrust l... (more)

SYS-CON's Cloud Computing Expo Will Be Larger Than Any Recent Gartner Event

The future model for providing IT infrastructure and services in large organizations is what many today are calling "Cloud Computing" - a concept popularized by Amazon through its web services efforts. Merrill Lynch analysts for example reckon that by 2011 the volume of Cloud Computing market opportunity will amount to $160BN, including $95N in business and productivity apps (e-mail, office, CRM, etc.) and $65BN in online advertising. Cloud Computing has many interpreters just now - and many interpretations. One thing is certain: it is the most dynamic new metaphor to hit enterprise computing since the creation of the "Web" by Tim Berners-Lee. SYS-CON's 3rd international Virtualization Conference & Expo, which took place June 23-24, 2008 in New York City, attracted more qualified delegates than any Gartner event in the past two years. The two content-packed days e... (more)

SYS-CON's November "Cloud Computing Bootcamp" Expected to be Sold-Out

Being held for the first time at The Fairmont Hotel in San Jose, CA, on November 19, 2008, the Cloud Computing Bootcamp will show you how to take advantage of the cloud. Cloud computing is an opportunity for businesses to implement low-cost, low-power and high-efficiency systems to deliver scalable infrastructure. But moving to a cloud infrastructure is not necessarily as nice and clean as the providers would want you to think. With cloud infrastructures problems don't magically go away; they just shift: you don't have scalability or storage problems any more, but you need to constantly monitor the cloud and your application in it. Led by Alan Williamson, the Cloud Computing Bootcamp will illustrate all the major players and provide a hands-on program with configuration samples, live demos and working setups you can further adapt and play with. Alan Williamson, foun... (more)

Ulitzer vs. Ning

My original post in late June was based on two weeks of using Ulitzer and Ning.  I've added additional thoughts after two months of use. The obvious point for me is that the sites have two different objectives for the writers.  For Ning, the writer is trying to be involved in a niche social network from scratch.  For example, I have built my own social network for marketers and salespeople called BuyerSteps.  I created BuyerSteps as a way for other professionals to join in a conversation around the 21st century buyer.  So, Ning represents a way to build a community. In the case of Ulitzer, as a writer I am focused on getting readers from within an existing audience.  There are already thousands of readers coming to the Ulitzer site, so if they are interested in my topics such as marketing, they will find my articles as well as others.  Ulitzer allows the writer the ... (more)

Ulitzer Live! New Media Conference & Expo

http://twitter.com/fuatkircaali I live 11 minutes away from Teterboro Airport in New Jersey. Friday evening I took a Cessna Caravan for a short 45-minute flight to Martha's Vineyard. This was my first trip to the island. I didn't do any research and had false expectations based on my long-time love affair with the island of Cat Cay in the Bahamas. I found out that Martha's Vineyard was huge. Upon landing on the island, my pilot called a cab for me to take me to my hotel. According to the cab driver the island's population was around 30,000 off-season and well over 100,000 during its peak summer season. These numbers change drastically from driver to driver or whomever you ask, of course. As compared to a maximum three to six neighbors any time I go home to Cat Cay, this was an instant shock to me. I had a relaxing two-day weekend in Martha's Vineyard. As long as I ... (more)

Ulitzer Live! New Media Power Panel at Santa Clara Convention Center

New Media on Ulitzer The first "Ulitzer New Media Power Panel" took place at the Santa Clara Convention Center in Santa Clara, California. Streamed live to 60,000 viewers via SYS-CON.TV, the panel was moderated by Jeremy Geelan. Geelan's guests in the first power panel were Ian Thain and Tim Crawford. The first "Ulitzer Live! - New Media Conference & Expo " will take place on June 14, 2010 in New York City and will present a world class faculty who will analyze new media, content marketing strategies, social CRM, enterprise social media, personal branding tools, and many other subjects. Ulitzer Live! West will take place on December 6, 2010, in San Jose, California. The Call for Papers for both events are now open. Ulitzer is a "new media" social journalism platform which revolutionizes how we create, deliver, and consume content on the Web. Ulitzer authors can get ... (more)

AdMob Announces New Open Source SDK for Palm

Mobile advertising network, AdMob has always been quick to seize happening platforms like iPhone and Android to serve up their ads. Now that Palm has announced that their smartphone sales rose 134% to 823,000 units during the latest quarter, AdMob was quick to catch on and has announced support for Palm ‘s webOS as well. It has launched a new open source SDK to integrate its CPC text ads and CPM banner ads on Palm Pre and Pixi. It is already working with several developers – including Delicious Morsel and Byte Sequencing – to incorporate AdMob’s new Palm ad unit into their applications. The SDK is available for download from Google Code. ... (more)

MySpace User To Go to Davos as ‘Citizen Journalist’

Citizen Journalist on Ulitzer MySpace today announced its second annual “MySpace Citizen Journalist” program in partnership with The Wall Street Journal and the World Economic Forum, giving one MySpace user the opportunity to become a special correspondent at the world’s most prestigious conference, the World Economic Forum Annual Meeting 2010 in Davos-Klosters, Switzerland. The “MySpace Citizen Journalist” winner, chosen by a panel of experts, will join the Davos press corps and leverage the MySpace platform to report on conference news and interview world leaders about issues relevant to the global MySpace community. This year MySpace will expand the contestant pool and accept entries from users in the United States and the United Kingdom. “We’re pleased to offer one MySpace user the assignment of a lifetime,” said Owen Van Natta, CEO of MySpace. “MySpace, The Wal... (more)