Weekend Recap - May 5th 2008

Here are some of the top stories from this past weekend (May 3rd and 4th) that may be of interest and of importance. I will be doing a weekend recap every Monday so you won’t miss out on the important tech news.

First up is the Microsoft/Yahoo deal that has sent Yahoo in a spiral downwards. Microsoft had originally offered $33 USD per share when the average Yahoo share price was $25 USD. Yahoo was to respond to Microsoft by Saturday (the 3rd) and Yahoo reluctantly declined Microsoft’s offer. In pre-market trading today, Yahoo shares were already down roughly 20% (nearly $5.75 USD). In the battle between search engines, Microsoft wanted to keep up with the search giant Google as Google has become the number one search engine by far.

Sources:
cnet
TechDirt
Yahoo

Second: With the release of Grand Theft Auto 4 for the PS3 and XBox360, many video gamers spent this weekend inside playing this game which raked in millions in sales for the 1st week alone. The popularity of this shoot-em-up, mob/mafia, stealing, vandalism for fun game has grown in the past years with its major release of Grand Theft Auto 3 and its sequels Vice City, San Andreas, and Liberty City by Rockstar Games. Now although this game is very violent and can be very crude and lewd, it is a very fun game and parents should always look for the ESRB rating and should know what games their kids are playing.

Sources:
Forbes
CrunchGear