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Microsoft on Saturday evening triggered surprise by withdrawing its bid for Yahoo. Company chief Steve Ballmer has validated earlier public comments expressing doubt over the viability of concluding a deal and has revealed that Microsoft offered to raise its bid up to $33 per share in an attempt to win over the Yahoo board of directors, which has insisted so far that the initial $31 per share bid undervalues the search engine giant's worth. The Microsoft executive also states that Yahoo has insisted on a higher-still bid and that his firm doesn't consider an extended proxy effort to install a sympathetic board to be effective.
HTC's Touch Diamond smartphone has been all but completely revealed today through a set of photos leaked today by NewsMobile. The sequel to the original Touch is now known to earn its Diamond name through a subtle, angular geometry on the back that recalls Nokia's Prism lineup. The Diamond will also be narrower than the original, but will also be taller courtesy of dedicated Back and Home buttons alongside the control pad.
T-Mobile's parent company Deutsche Telekom is seriously considering merging with or taking over Sprint, claims the German national magazine Der Spiegel. A continued weakening of US currency values, combined with worsening results at Sprint, is reportedly leading the European company to investigate transactions that would help T-Mobile USA gain ground in the US market and better compete against AT&T. The opportunity is rare and would cost Deutsche Telekom less than it did to buy VoiceStream in 2001 and assume its role as one of the largest American carriers, according to the report.
Now AAPL Stock: 93.99 ( + 0.29 )
Google killing Picasa starting May 1
Google Photos head Anil Sabharwal confirmed in a blog post today that the search engine giant will be shutting down acquisition Picasa. Support and downloads for the desktop application will terminate on March 15 with the application continuing to work for the time being. The transition to Google Photos truly commences on May 1, with deprecation of some Picasa API calls happening shortly thereafter. Users that have Google Photos access will find their photos already migrated. A mass-download tool for users not wishing to use Google Photos will be available sometime after May 1. http://bit.ly/1SmV2KH
Rogue Amoeba Piezo updated, departing App Store
In order to continue working on audio capture tool Piezo, developer Rogue Amoeba has simultaneously updated the app to version 1.5, and announced that it will pull version 1.2.6 from the Mac App Store. Customers who own the Mac App Store version have a one-time migration process to the Rogue Amoeba-served version. The company notes that the sandboxing restriction placed on Mac App Store versions "effectively stopped our ability to upgrade Piezo in any meaningful way." [8.80MB] http://bit.ly/1PIjz7l
FCC spectrum auction will happen without Google
After throwing its hat in earlier, Google (and associated companies) has declared that it is not participating in this year's FCC spectrum auction. A company spokeswoman said of the auction that "like all those interested in improved connectivity and equitable access, we'll be following the upcoming spectrum auction closely. That said, we have not filed to participate." http://on.recode.net/1oy5LWk
iPad Air 3, iPhone 5se sold Friday after launch?
Reverting the way products are actually released by Apple after an announcement to the way it was a decade ago, reports are circulating that new products revealed at a March announcement will go on sale the Friday immediately following the unveil. Slated to appear at a conjectural Tuesday, March 15 event are a new Apple four-inch phone with more up to date internals currently referred to as the iPhone 5se, and a new iPad Air 3 model with Smart Connector and other enhancements. http://bit.ly/1o7mqiY
Lexmark prevails in toner import appeal
Printer manufacturer Lexmark has won an appeal on the third-party US resale of its printer cartridges originally destined for markets outside North America. The appeals court ruled in a 10-2 vote in favor of Lexmark's demand to stop the sale and against Impression Products, both on the toner cartridge resale matter, as well as a related matter regarding overturning the reseller's refilling one-use cartridges and selling those in the US market. The ruling has ramifications in the tech industry, as well as the pharmaceutical and medical technology markets. Impression Products promises an appeal before the supreme court. http://reut.rs/1SLVmmG
AT&T expands BOGO promo to iPhone 6s
Beginning today, new and existing AT&T customers can purchase a new iPhone 6s and get another one free when adding a second line. Over the weekend, customers must purchase two phones through AT&T Next (one can be an existing number), and add both phones to a qualified plan. AT&T notes that "after three bill cycles or less" the account will start to receive up to $650 spread out over 30 monthly bill credits to offset the cost of the installment plan for the phone. Taxes are due at time of sale. http://soc.att.com/1SLUP4k
Google prevails in UK street mapping case
Possibly setting the stage for other court battles in the UK, a High Court fight between Google and StreetMap.EU has concluded in Google's favor. StreetMap.EU claimed that Google's dominance in the field destroyed the 20-year-old firm's business, when Google started promoting its own service in search results over the older company's -- the judge disagreed. Commercial director Kate Sutton said after the judgment that "StreetMap has been frozen in time; because of what Google did, StreetMap has not been able to properly invest in the website since 2007." An appeal is planned. http://bloom.bg/1KKhECt