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Microsoft says Yahoo!

Reports that Microsoft may be eyeing a stake in Yahoo surfaced for a second time as rumours continue to circulate that several groups are preparing to bid for a minority stake to help return Yahoo to its halcyon days. According to CNET , Microsoft is just one of several high-profile investors teaming up in a venture led by equity firm Silver Lake to bid for a stake in the company. Though reports remain officially unconfirmed, sources close to deal are reporting that Yahoo’s financial advisors set a deadline for bids early this week, and the board of directors is expected to discuss potential deals immediately. Since the departure of Bartz in September, reports Yahoo was “open to selling itself to the right bidder” have circulated, with industry experts speculating a number of different options going forward – including sale and restructuring. “The question is whether Yahoo can be a growth company again,” said a source close to the situation . “And that is still unclear.” One of the most significant changes in the rumoured deal would see investor and Netscape co-founder Andreessen Horowitz – who already serves on the board of directors at Hewlett Packard – installed as chief executive.

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Microsoft says Yahoo!

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Press conference sparks rumours of Amazon tablet

Amazon is rumoured to be announcing a new tablet this week at a press conference scheduled for Wednesday in New York. Speculation about an Amazon tablet has been growing for months, reigniting this week when word broke about Wednesday’s press conference. Analysts speculate the Amazon tablet will be a revamped version of the existing Kindle e-reader. It will be priced cheaper, however, undercutting Apple by selling its tablet for $250, but, similar to the iPad, will operate by touchscreen. Unlike other competitors, Amazon is well positioned to take on Apple’s stronghold on the market because of its online store, which makes books, movies and music available to users at the touch of a button. While the Amazon tablet is expected to be a simpler tablet than the iPad, it could offer consumers the features they want most at a lower price. Forrester analyst Sarah Rotman Epps told the New York Times : “The No 1 thing consumers do on tablets is email. The No 2 thing is look up stuff on the web.

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Press conference sparks rumours of Amazon tablet

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First UK art show for Instagram

‘My World Shared’ is the UK’s first art exhibition for Instagram photos, organised by Instagrammers London ( @IGersLondon ), a group of iPhone-equipped photography enthusiasts. Instagram has amassed more than seven million users in just under a year of existence and recently announced that over 150 million photos have been shared on its network. The app’s also just released a major update, v2.0, adding real-time filtering and other features. Instagrammers London is a group of photographers who love using the app and its filters to create images of the capital. They regularly organise photo walks and other social events based around the idea of Instagram photography, but decided to take it one step further and put together an exhibition of their work

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First UK art show for Instagram