AMEE, Carbon Footprint Calculator, Raises ‘Substantial’ Funding (UPDATED)

Gavin Starks AMEE Interview: Monitor The World's Energy UsageAMEE, a company that provides Internet-based calculation and storage of the carbon footprints, has received ‘substantial’ Series A funding from O’Reilly Alphatech Ventures (OATV), Union Square Ventures (USV) and The Accelerator Group (TAG).

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Best Buy / Carphone Warehouse Joint Venture: Best Warehouse

Best Buy / Carphone Warehouse Joint VentureBest Buy, the US consumer electronics retail giant, is intending to buy 50% of Carphone Warehouse’s retail operation for £1.1 Billion.

Best Buy and Carphone Warehouse have known each other for a while, as CW have been selling mobile phones in concessions within Best Buy’s shops in the US over the last two years.

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Yahoo To Microsoft: No Thanks, Not Enough Money

Microsoft:Yahoo Merger Officially Floated - Holy Moly!!!The next twist in the Microsoft wants Yahoo story has just come to light.

Yahoo has filed a Form 8-K with the US SEC saying that after a jolly good think about it, Yahoo has decided that Microsoft’s unsolicited proposal to purchase them is not in the best interest of Yahoo.

Their detailed response was …

After careful evaluation, the Board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments. The Board of Directors is continually evaluating all of its strategic options in the context of the rapidly evolving industry environment and we remain committed to pursuing initiatives that maximize value for all stockholders.

Full filing

Microsoft:Yahoo Merger: Letter From Microsoft To Yahoo

Microsoft:Yahoo Merger: Letter From Microsoft To YahooHere’s a copy of the letter in full between Steve Balmer and the Chair and CEO of Yahoo, for your delectation.

Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive Officer

Dear Members of the Board:
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