Yahoo Bidders Come in at $16.50 to $17.50, With Plan to Keep Jerry Yang on Board

As the Yahoo turns, the board finally gets down to brass tacks of a possible deal.
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AT&T Says Its Merger Withdrawal Beat Out FCC to Hearing Vote

AT&T Inc. said it withdrew its application with the Federal Communications Commission for approval of its planned T-Mobile USA takeover before commissioners had the opportunity to vote on a proposal to send the merger to a hearing for approval.

Google Calls Justice Department Second Request on Motorola Deal “Pretty Routine” (If Four Percent Is Routine)

The acquisitive search giant plays the odds again in Washington, D.C., with handset purchase.
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Yahoo Addresses Alipay Mess: Forget It, Shareholders–It's China.

You’re a very annoying partner for Alibaba, Yahoo. Huh? You know what happens to annoying partners in China? Huh? No? Wanna guess? Huh? No? Okay. They lose their Alipays.

Nordstrom Acquires Flash Sales Site HauteLook for Up to $270 Million

Nordstrom has agreed to acquire four-year-old HauteLook, marking the department store’s first foray into online private sales.

Does the FCC Want to Kill Hulu?

If Washington forces Comcast/NBC to offer NBC shows to anyone on the Web, what happens to Hulu’s exclusive deal to offer NBC shows on the Web?

Demand Media's IPO–Which Won't Happen Until After the New Year Now–Depends on How It Accounts for Content

Demand Media’s latest amended regulatory filing for its IPO–which will now be taking place in 2011–gives investors greater detail about how and for how long the company accounts for its content costs. Apparently, pushing the envelope in content creation seems to also mean pushing it in accounting for it too.

News Byte

Comcast Won't Get NBC U in Time for Christmas, or New Year's Either

Comcast won’t be able to wrap its deal with GE for NBC Universal this month, both companies announced today. Instead, they’re shooting for a January close, when they hope to get final approval from Washington. Given that this one stretches back to the fall of 2009, it’s hard to argue that a few weeks of extra legal bills will matter that much.

Apple’s Killer Quarter

Google: When Good Isn’t Good Enough

Apple Tablet on Tap

EU Poised to Approve Oracle-Sun Deal

EU Hearing on Oracle-Sun Set for Dec. 10