Yahoo has rejected Microsoft's $44.6 billion takeover bid, says a Wall Street Journal source allegedly close to the deal. After a last-minute meeting yesterday, Yahoo's board is said to have rebuffed the offer from Microsoft believing that the Windows developer is acting out of opportunism. The buyout offer was an attempt to prey on Yahoo at a weak point in its history, the rumored insider says. Although the offer of $31 per share is significantly higher than Yahoo's stock value at the time of the proposal, the search engine firm's executives reportedly believe that this offer is undervalued and are waiting for a bid of $40 per share or more, which could raise the worth of the bid to $56 billion.
Reinvented Software recently unveiled Feeder 1.5, an update to its RSS editor application, introducing a number of upgraded features. Mac OS X 10.5 Leopard users will experience a brand new user interface, while both Tiger and Leopard operating systems will take advantage of password-less SFTP. Feeder now supports thumbnails for video podcasts with the Media RSS extension, and improves tagging for MP4 video. Item editing and Sparkle appcasts have also been improved. A 15-day trial of Feeder is available, as well as a free upgrade for existing users, while the full version sells for $30.
Apple's Safari web browser is about to get a large speed boost, if the current development version is giving an accurate depiction of what users can expect in the finished browser. Seth Weintraub, a writer for Computerworld's Apple blog, has been testing WebKit Ė Apple's developer version of the KHTML-based browser Ė and says that performance typically peaks at 2.5 times that of Safari, even in its currently unoptimized state.
Apple is ready to rise in the stock market again, as the company rolls out international iPhone releases, which analysts predict may bring balance a slowing US economy. According to financial news site The Street, worldwide demand for the iPhone remains high, after a poll conducted by ChangeWave revealed that the iPhone is the most popular choice for those looking to buy within the next six months.
Apple is looking to open its first German retail store, which will be located in Munich, a city that is known for its expensive, high-end shopping. This will join over 200 stores that Apple currently has open in the US, Canada, the UK, Italy and Japan, after the company said in its financial report that it would open additional international stores throughout 2008. According to The Sydney Morning Herald, German retail analysts say that other suitable locations for a store would include Berlin, Hamburg, Cologne, and Frankfurt.
The biggest danger to your computer is security; if you donít protect your computer from malicious software or users, someone could steal important files and invade your privacy. To protect your privacy on your Macintosh, Smith Micro Software offers Internet Cleanup 5.0, which guards your personal data stored on your computer in three ways.
Meizu's long-delayed M8 (or MiniOne) smartphone may be reaching store shelves in its native China, according to international trading firm AliBaba. The close shadow of the iPhone is already listed as on sale from suppliers including Fuzhou ZhongTianLi, Longxiang Shoes, and Samsin Trade, suggesting that the touchscreen device has advanced well past the prototype stage seen in December and has retained many of the features promised by Meizu in early 2007.
Now AAPL Stock: 94.02 ( -2.58 )
Remote S for Tesla Apple Watch app drives car out
Developer Allen Wong has created the Remote S for Tesla app, which can be used to remotely activate the Model S electric car via an Apple Watch, and drive it a short distance. Aside from providing data about the car and some basic function controls, the unofficial app uses the manufacturer's Summon command to allow the car to turn on, exit the garage, and park near to the user's location. The app is available to purchase from the App Store for $10. http://apple.co/1PprF4t
Seagate 3TB unreliability suit expands
The Seagate 3TB class-action hard drive lawsuit has been expanded to more devices. The expanded suit, filed today, now includes Seagate's Barracuda 3TB Hard Disk Drive,¬†Desktop HDD 3TB, Backup Plus 3TB External Hard Disk¬†Drive,¬†GoFlex 3TB External Hard Disk Drive, or any other Seagate hard drive with model number ST3000DM001. The law firm, Hagens Berman, is seeking information from consumers such as time in service, purchase price, and the nature of any drive received in return from Seagate as a replacement for a failed unit. http://bit.ly/1Pc34Cq
BlackBerry Canada, Florida hit with layoffs
The BlackBerry campus has reportedly been wracked with layoffs. Sources familiar with the company's Waterloo office staffing claim that close to 35 percent of the local workforce has been laid off, with the deepest cuts being made in the BlackBerry 10 OS and hardware teams. Additionally, the state of Florida has been officially notified that the company's Sunrise facility will see 75 people fired. Enthusiast site Mobilesyrup puts the layoffs at around 1000 total. http://bit.ly/1Pc1Rep
Instagram tests multiple account support for iOS
Instagram is trialling support for multiple accounts in its iPhone app with a small number of users. The Facebook-owned photo sharing service confirmed the reports of the tests to TechCrunch, which will allow a single user to manage more than a single account within the app, transferring between two or three accounts with a few taps. It is unclear when the feature will roll out to the public, but it has previously tested it with the Android version of the app since November. http://tcrn.ch/1SPKEKh
Foxconn CEO declares Sharp deal near done
The Foxconn bid for Sharp is allegedly only waiting on specific details of the deal. Foxconn CEO Terry Gou has declared that his company has privileged negotiation rights for the Apple iPhone screen supplier, saying that "we have a consensus, the rest is a process ... I don't see a problem completing this process." Gou hopes the deal, worth up to $5.6 billion, will be formalized by the end of February. http://reut.rs/1SPEQjN
MIT demoes 'Eyeriss' AI chip for mobile
At the International Solid State Circuits Conference in San Francisco this week, MIT researchers presented a new chip designed specifically to implement neural networks. The researchers claim that "Eyeriss" is 10 times as efficient as a mobile GPU, so it could enable mobile devices to run artificial-intelligence algorithms such as Siri or Cortana, rather than uploading all data to a remote server for processing. http://bit.ly/1TISJBe
Pocket for iOS adds readability settings
Offline reader iOS app Pocket has updated, with reader-friendly changes. With the new revision, premium subscribers can adjust character spacing, and choose from eight new fonts including one that makes it easier for sufferers of dyslexia to read saved content. The app itself is free, with a premium subscription available for $5 a month, or $45 a year. http://apple.co/1KuILBl