Roberts Blog

Yahoo began discussions with News Corp. Wednesday to discuss alternatives to a Microsoft takeover. Yahoo, the online giant, declined Microsoft's $42.1 billion offer.
The New York Times described the talks as a "long shot" as both parties have nothing to lose. News Corp. investigated merging with Yahoo last year also.
In the deal, News Corp. would trade ownership of MySpace for a 20% stake in the Yahoo Operation. It is more likely that these negotiations will cement a higher price in the Microsoft takeover, reported the Wall Street Journal.

Posted by Christopher Roberts at 10:36 PM | Permalink | Comments (0)

A system of tornadoes swept through the south and killed dozens despite repeated warnings. Wednesday's storm was America's deadliest barrage of tornadoes since 1985, according to the Star Tribune.
Arkansas and Tennessee were the hardest hit by the tornado. In Tennessee at least 1,000 homes were destroyed, reported the New York Times.

Posted by Christopher Roberts at 11:16 PM | Permalink | Comments (0)

John Edwards dropped out of the presidential race Wednesday. The 12 minute speech in New Orleans marked the end of a year-long campaign. Though Edwards did not commit to another candidate he did reiterate the importance of alleviating poverty in America and that he believes either candidate will work toward that goal. Edwards had been mulling the decision over for weeks prior to the announcement reported the Washington Post.
While the Washington Post focused on the perspective from Edwards' campaign, the New York Times wrote of the opinion from other candidates. Senator Barack Obama commented that “At a time when our politics is too focused on who’s up and who’s down, he has consistently made us focus on who matters.� Both papers wrote a brief retrospective of the Edwards campaign.

Posted by Christopher Roberts at 9:28 PM | Permalink | Comments (0)