The Yahoo Lawsuits Begin: Put the Non-Blabby Deals in Your PIPE and Smoke It

Well, that didn’t take long, did it?
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Marc Andreessen vs. Reid Hoffman in Yahoo Savior Face-Off? Not Yet. (But Delicious to Imagine.)

Whoa, Nelly! How fantastic would it be for Silicon Valley tech legends Marc Andreessen and Reid Hoffman to battle for control of Yahoo? Too fantastic to actually happen. But one can hope.
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Yahoo Shares Melt as Rumors Collide (Plus, I Add Another Log to the Fire)

The Hamlet of Internet companies asks: To be or not to be? That is the question. Or maybe something else.
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Bids for Myspace Expected This Week

About a half dozen private equity firms and companies are expected to submit bids for News Corp.’s Myspace by the end of this week, according to people familiar with the matter.

Myspace Bake-Off Starts Wednesday and–Despite Reports–No Bidder in Lead (and No Zynga Interest Either)

While no one inside or outside Myspace owner News Corp. expects fireworks and giant piles of money, the tire-kicking for the long-troubled social-networking-turned-entertainment site actually starts Wednesday. That’s when about a dozen interested parties will finally get a walk-through of the books and more by management and the serious talks begin. But, said several sources, despite a variety of reports of various interested buyers, no deal is imminent with any one of them.

Bill Gross's UberMedia Raises $17.5 Million From Accel, Index and Steve Case

UberMedia, which just bought TweetDeck for $30 million in equity last week, has raised $17.5 million in a round led by Accel Partners. The valuation for the Pasadena, Calif., start-up founded by well-known entrepreneur Bill Gross–which was actually struck some month ago–is $40 million.

Michael Dell Thinks HP Paid "Way Too Much" for 3Par

Michael Dell now says that after three weeks of grappling over storage company 3Par last fall–a bidding war he ultimately lost–his rival, Hewlett-Packard, overpaid with its $2.4 billion offer.

Judge: Google Was Excluded, Microsoft Favored in Federal Contract

Google Apps was prevented from bidding on a big contract with the U.S. Department of Interior, a federal judge has ruled.

If Google Buys Groupon, It'd Be a Windfall for Investors, Bankers…and Regulators?

If Google does manage to close the deal to buy Groupon–acquisition discussions flagged by BoomTown 10 days ago–it will be at a cost that is likely to be much more than the $2.5 billion price tag being floated in the latest batch of rumors. It’s not just that the deal will likely come in at a higher number, which will mean a big payoff for investors and bankers involved. It’s because as soon as it purchases the social group buying phenom, the search giant will be buying a whole lot of pricey regulatory scrutiny too.