Breaking: Yahoo to reject Microsoft Bid.

The Wall Street Journal is reporting that Yahoo will reject Microsoft's bid, saying that the $31 per share offer "massively undervalues" Yahoo.
Of course, no one expected Yahoo to roll over at that price, though it remains to be seen how much more they can get.

Comcast's New Terms of Service Disclose Traffic Management (Slashdot)


Recommendation Rescinded: Comcast’s TiVo interface (CrunchGear)

Kenexa Falls on Sales Outlook (Associated Press via Houston Chronicle)


HR Software Online Rising (Investor's Business Daily)


Time Warner Plans to Split Off AOL’s Dial-Up Service (New York Times)


Verizon Wireless Unveils New Store Concept in Mt. Laurel, N.J. (PRNewswire via CNNMoney)

Aegis Opens New Headquarters (Printed Circuit Design & Fab)

Ascend Acquisition Corp. and e.PAK Resources (S) Pte. Ltd. to Present at the Roth Capital Partners 20th Annual OC Growth Stock Conference (PRNewswire)

Journal Register on negative watch on newspaper sector concerns - S&P (Thomson Financial via CNNMoney)

Motorola Proves Power and Flexibility of Switched Digital Video Platform in a Multi-vendor Environment (PRNewswire)

Vertical Search Engine Launches for the Pharmaceutical Industry (PharmaLive)

Gateway to Unveil Newly Redesigned Ticketing Software for the Transportation Industry (BusinessWire)

Kenexa 4Q profit jumps 15 percent (Associated Press via MSN Money)


An Industry Imperiled by Falling Profits and Shrinking Ads (New York Times)
Heavily quotes Brian Tierney.

Navteq earnings soar on strong PND sales (Medill Reports Chicago)

NAVTEQ invests in location-based ad company Acuity Mobile (GPS Business News)
Strong tie-ins to Traffic.com.

NAVTEQ Announces NAVTEQ Traffic in Europe (PRNewswire via CNNMoney)

Narrowing Loss, EarthLink Seeks A New Strategy (Information Week)
Still trying to sell Muni Wi-Fi business, but no takers so far.

Comcast Cites Martin’s ‘War On Cable’ To Appeals Court (Multichannel News)

Pa. drops case against Internet retailer (Philadelphia Inquirer)

Recruiters flock to social networking sites (Philadelphia Business Journal)

WorldGate Winding Down (Light Reading: Cable Digital News)
More on the likely demise of WorldGate.

Another ERP vendor buys into middleware (ZDNet Blogs)
Mentions possible implications for Boomi.

Google News gets local (but not that local) (ZDNet Blogs)


Vertex Experiences Record Breaking 2007 (BusinessWire)

Lilly's $1 Billion E-Mailstrom (Portfolio.com)
Pepper Hamilton screws up a little.

VeriSign Deploys Ulticom's Signalware Platform for Its Upgrade of Worldwide Real-Time Roaming Services (PRNewswire via CNNMoney)


Improve Business Performance: ARIS ProcessWorld 2008 Conference to Offer Prominent Customer Sessions as IDS Scheer Previews New Version of ARIS Platform (BusinessWire)

Clickability Clicks On All Cylinders (Information Week)
Describes recent deployment at Philly.com.

Seven splitting $2M from Ben Franklin Technology Partners (Philadelphia Business Journal)


Tax cut slowdown infuriates businesses (Pittsburgh Tribune-Review)


QlikTech Announces 2007 Revenues of $80.0M (PRNewswire)


India among top 10 revenue generators: SAP (Business Standard India)

Tyco Electronics Profit Rises; Annual Forecast Lifted (Bloomberg)

Safeguard, New Venture fund Alverix (Philadelphia Business Journal)

Quality Systems 3Q Tops Consensus (Associated Press via CNNMoney)
Quality Systems' NextGen Healthcare Information Systems of Horsham posted record results.


NextDocs Corporation Announces Immediate Availability of its Quality Management Solution (BusinessWire)

Phoenix Data Systems Introduces Flexible Randomization and Clinical Supply Management (BusinessWire via Philly.com)

Newspaper publisher Calkins Media restructures management (Associated Press via Press of Atlantic City)
Levittown-based Calkins publishes several area papers and operates phillyBurbs.com. They do a good job, in my judgement, for a suburban paper.

Service providers to challenge new E911 guidelines (RCR Wireless News)
Important to TruePosition.

Paladyne and SunGard Announce Strategic Partnership (HedgeCo.Net)

Digital Media Panel Notes (peHUB)
"* Howard Morgan of First Round Capital noted that his firm had been in talks with both Microsoft and Yahoo about possible portfolio company sales, but that the talks had “frozen” due to the takeover attempt."

Liberty Media shares fall (Associated Press via Business Week)
Concerns about QVC.

Column: Unisys execs do their part (Philadelphia Inquirer)
Also, WorldGate apparently shutting down.

thePlatform (Rightfully) Brags about its Partners (NewTeeVee)
thePlatform is owned by Comcast.

Comcast expands video-on-demand slate (Hollywood Reporter via Reuters)

$19 million in New Contracts Awarded to WPCS (PRNewswire via CNNMoney)

Vishay 4Q Profit Falls on 1-Time Costs (Associated Press via CNNMoney)


Liberty, IAC court battle could get ugly (USA Today via Wilmington News Journal)

Era of big acquisitions largely over, Forrester says (PC World via Washington Post)
This article was written before Microsoft/Yahoo, but that is not really a software deal in the purest sense. SAP(by IBM), SunGard and Primavera mentioned as possible
takeover targets.

Environmental Tectonics hires auditor (Philadelphia Business Journal)


Bentley Acquires promis•e Product Line (Cadalyst)

Philadelphia-based magazine Sold (6abc.com)
Philadelphia Style sold to New York company.

Heartland Wins Big on Sunday (BusinessWire via Philly.com)

Open Letter To Comcast (Philebrity)

Verizon Aims For 6-7 Million FiOS Users By 2010
Network passes 9.3 million homes and businesses (BroadBand Reports.com)

BioWizard Offers Conference Abstracts with the Launch of myBW (PRNewswire)


LinuxForce Introduces New Services and Software for Host, Service, and Network Monitoring (BusinessWire)

Akrion's Single-Wafer System Sales Continue (PRNewswire)


Wolters Kluwer Health Acquires Ownership Interest in Logical Images (BusinessWire)

Peterson’s Launches StudentEdge to Help Students Prepare for College (PRWeb)

TargetX Schedules First Users Conference to Help Clients Cope with Changes in Student Recruiting (PRWeb)

Yahoo May Seek Pact With Google to Fend Off Microsoft (Update1) (Bloomberg)
Another article suggesting Comcast may be involved in a bid for Yahoo, which I sincerely doubt. I don't think Yahoo is worth more to anybody else than Microsoft.

Who Would Want AOL Now? (DealBook via New York Times)
This one suggests Comcast as a possible bidder for AOL(or what's left of it).

Comcast Increases Credit Facility to $7B (Associated Press via Forbes)
I doubt there is any particular significance to this.

MSFT-YHOO: Special Newspaper Consortium Edition (paidcontent.org)
Philadelphia Media Holdings is a major player in the Yahoo Newspaper Consortium.

Oracle finds 'different' SAP infringement scheme (MarketWatch)

Asia Favours SAP with Record Growth in 2007 (SDA Asia)

Software company Aklero gets venture funding (Philadelphia Business Journal)
Sounds like a very timely concept.

Ben Franklin Technology Partners supporting Mid-Atlantic Angel Group
(Philadelphia Business Journal)

JupiterResearch Finds Pharma Marketing Opportunity Exists As Significant Online Physician Population Engages in Social Media (BusinessWire via PharmaLive)


Roska Healthcare Launches New Web Site To ‘Engage’ Visitors Through Flexibility, Insightful Content (BusinessWire)

Yes, a Giant Can Sprint (New York Times)
About Siemens, whose Medical Solutions USA Group is based in Malvern.

N.J. firm moves to Bucks (phillyBurbs.com)

Legg Mason on the prowl (Pensions & Investments)

UBS Analyst Hits Credit Cards (TheStreet.com)
Beware, Delaware.

Microsoft's Brian McAndrews On The Eve Of The Yahoo Offer (MediaPost)
Addresses issues related to Microsoft's Avenue A| Razorfish, which has a major Philadelphia office.

A Boost to Big Advertisers, Maybe Not to Smaller Ones (Washington Post)
More on the proposed Microsoft-Yahoo merger.

NPR on Philadelphia's Wi-Fi Situation (Wi-Fi Net News)


As scanners shrink, their tax uses grow (Boston Globe)
Mostly on Neat Receipts.

Hot Chicks Talk Stocks. Sound Familiar? (Silicon Alley Insider)

Calculated Influences
County employs complex model to analyze conditions, their effects on future growth (Santa Rosa Press Democrat)
Model being developed by Moody's Economy.com. of West Chester.

GETTING SET FOR THE DIGITAL TRANSITION (South Jersey Life)

Verizon brings FiOS TV to county (South Jersey Life)

Microsoft Bids $44.6 Billion for Yahoo (New York Times)

Q&A With Microsoft On Proposed Yahoo Purchase: 2+2 = #1 (search engine land)

Motorola Considers Separating Handsets, But At What Price? (Investor's Business Daily via CNNMoney)

Journal Register 4th-Quarter Loss Widens (Associated Press via Forbes)


L-3 4Q profit rises with unit sales (Thomson Financial via CNNMoney)

SAP Says Slow Economy Plays Into Its Strengths (Investor's Business Daily via CNNMoney)
Interview with Bill McDermott, CEO and president of SAP for the Americas and Asia Pacific.

Among ruin, there is a rock (Philadelphia Inquirer)
On SEI Investments

New job for BofA card chief
Hammonds to lead mortgage unit after Countrywide deal (Wilmington News Journal)

Wilmington Trust expanding
Delaware bank to buy Arizona trust specializing in retirement services (Wilmington News Journal)

Pennsylvania Gov. Rendell Announces Extension of Data Powerhouse Contract, Saving Taxpayers $240 Million (PRNewswire)
A BS press release, in my opinion. Saving $240 million compared to what? The timing seems more of an effort to help keep Unisys propped up than anything else.

The Philadelphia Tribune Publishes its First 'e-Edition' (PRNewswire)

DeVry offers conference draw women into science related careers (Montgomery Life)

SEI Reports 2007 Results
Revenues Up 16%, Net Income Up 10% (PRNewswire via Yahoo News)

Motorola May Spin Off or Sell Phone Unit (Associated Press via Google News)
Motorola's set-top box business is based in Horsham.

2008 Outlook Boosts IMS Health Shares (Associated Press via Forbes)


Nasdaq Net Income Rises 25% on Record Trading Revenue (Bloomberg)
Preparing for integration of Philadelphia Exchange.


Home Depot, Harrods discuss SAP for Retail (SearchSAP.com)


Why follow Little Pharma? (Philly.com)


Case ponders pharma's web shyness in keynote (Medical Marketing & Media)


Live from ePharma Summit 2008: Integrating the Total Marketing Package (PharmExecBlog)


Lippincott Williams & Wilkins and World Allergy Organization Launch New Online Journal (BusinessWire)


McKesson Expands Aetna Relationship with Implementation of New Solution to Further Automate Claims Management Performance (BusinessWire)

GSK Awards CMI with Online Professional Media and Planning Duties (PharmaLive)

Wilmington Trust to Acquire AST Capital Trust Company
Deal expands Corporate Retirement Services’ market presence, capabilities (BusinessWire)

Google Wireless? (Red Herring)
Analysts believe that Verizon probably stopped biding on the largest chunk of spectrum, and that Google won.

AdStar Continues Deployment of Next-Generation Web-based Ad Sales Solution (PRNewswire)
Philadelphia Media Holdings joins up.

Zuula Adds Video Search, Launches Search Toolbar, and Increases Blog Search Options (PRWeb)

Jared Hess, whiz on software, hardwood (Obituary: Philadelphia Inquirer)

It’s Official: U.S. Social Networking Sites See Slow Down (Creative Capital)
The just-released ComScore numbers show a slowdown, and the Hitwise numbers released a couple of weeks ago also indicated lagging growth. Possible implications for First Round Capital, since a majority of their portfolio would appear to be positioned in the social networking space.

HomeNet’s Inventory Online Reaches 2.5 Million Vehicle Milestone (BusinessWire)

Protecting Client Confidentiality Over WiFi (The Legal Intelligencer via Law.com)

SAP 4Q slips, but revenue rises (Associated Press via Business Week)


Aggressive goals for Business ByDesign (SAP Watch: SearchSAP.com)

MentorTech Holds First Close (Private Equity HUB)


Innovative Solutions & Support, Inc. Announces Financial Results for the First Quarter of Fiscal Year 2008 (BusinessWire via Yahoo News)

Gemalto Q4 sales up 8 pct, sees FY net top consensus (Reuters)

IAC blasts Liberty Media effort to remove Diller (Reuters)

Not-so-bad news lifts Unisys stock (Philadelphia Inquirer)

Pennsylvania takes on online auctions (Philadelphia Inquirer)
Truly scary.


InterDigital launch new modular SlimChip HSDPA/HSUPA modems (phonemag)

Sarnoff subsidiary launches web sports product (Princeton Business Journal)


College Fanz Sports Network Unveiled (BusinessWire)
Seems like the two companies above ought to consider joining forces, since they are both targeting the same market from slightly different angles.

Liz Claman of Fox Business Network Kicks Off 2008 Emerald Asset Management Groundhog Day Investment Forum (BusinessWire via ad-hoc-news)

Devon IT Debuts New 6050 Model at 2008 Citrix Summit
New model boosts virtual desktop performance (BusinessWire)


Pa. DCED announces $2.3M in investments (Philadelphia Business Journal)

Valley incubator loans Allentown firm $35K (PennLive.com)

Philly eyes options if EarthLink abandons city Wi-Fi effort
The city's CIO expects EarthLink to pull out within a year (Computerworld)

"Phillis said he thinks 'tens of thousands' of subscribers are now using the new network but, he added, "honestly, I don't know.'".