WebProNews

Twellow: The First Twitter Directory Launched

Twellow, the first Twitter directory was launched today by WebProNews. Twellow currently indexes and categorizes over 300,000 Twitter users. Twellow.com is designed to assist you in finding real people who really matter.The first reviews are positive ...Mashable:

Yahoo Has a Short Window To Prove Itself

Yahoo appears to have avoided disaster today with the stock only punished 15 percent or so. It is currently trading at $24.61 per share, down $4.06 from Friday's close. Yahoo shares are still $5.13 higher than their price just before Microsoft's offer three months ago.

Let's Be Honest About Twitter

Twitter is a great new tool for the Internet savvy but it may already have past its prime as a way to keep in touch. Just looking around at Twitter profiles shows that most users are following hundreds of people which means your Twitter screen on the web has all new Tweets about every five minutes. Not exactly user friendly!

Social Media Advertising To Succeed

Despite the fact that social media advertising has yet to hit its stride and is taking some lumps for low click rates when compared to high pageviews, it will succeed. Social media is a different type of advertising platform from information-oriented websites and the two should not be compared.

Yahoo Slaps Down Microsoft Offer

Breaking ... According to reports Yahoo has rejected Microsoft's $44.6 billion offer and plans to write a letter to Microsoft on Monday outlining its objections.The Wall Street Journal reports that a Yahoo source says that the Board felt that Microsoft was trying to "steal" the company. The same source stated that Yahoo wouldn't consider an offer below $40 per share which would cost Microsoft another $12 billion.

Ad Blindness Is Nothing New ... and it's No Surprise Google Is Seeing It!

Google's stock is down because its rate of growth is down according to Google's latest quarterly financial report. Google still had a 30 percent increase in payments from clicking ads, but that was substantially down from the 45 percent increase they had a year earlier.

Official Yahoo Response To Microsoft Offer

Yahoo hasn't said much regarding Microsoft's purchase offer but here are a few of the official statements that are public so far...From Yahoo Press Release:Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said that it has received an unsolicited proposal from Microsoft to acquire the Company. The Company said that its Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo!'s strategic plans and pursue the best course of action to maximize long-term value for shareholders.

Live: Microsoft Wants Yahoo

These are live notes from the Microsoft press conference announcing their offer to purchase Yahoo.Microsoft CEO Steve Ballmer:>> We see this announcement as significant. This is a milestone for Microsoft's Online ventures.>> Last night I called Jerry Yang to discuss the proposal. I think Yahoo should be excited about this offer.>> There are now several steps we will both need to take to move this proposal forward.>> We believe in the benefits of combining these two companies... now more than ever.

Facebook founder Zuckerberg Too Programmed On 60 Minutes

60 Minutes did a good job with a segment on Facebook founder Mark Zuckerberg considering that Mark had very little to say. He seemed overly briefed by lawyers and PR types and as a result was stiff and uncharismatic for someone who has accomplished so much. Mark is definitely more of a Bill Gates than a Steve Jobs, both of whom also started their companies in their early twenty's. As Bill Gates has, I am sure over time Mark will improve his television appearance skills.

Investor Revolt Against CNET

Updated: The NY Times reports this morning that, "consortium of prominent investment funds has amassed a 21 percent stake in CNet and is seeking to oust the company’s directors and take over a majority of its board".