Notorious hacking community LulzSec claimed responsibility for the Monday night attack on UK's The Sun and Times Online. They also posted a fake story on the Sun homepage about Rupert Murdoch's death before it was removed.
News Corp’s pay wall has apparently led to a 90% move to the free Guardian, and a battle of wits is now on to predict the outcomes as the new media hit the mainstream. My impression is that none of these people have studied business or advertising.
Microsoft’s previous foray into Yahoo wound up with a fizzle. According to the new story, Microsoft doesn’t want Yahoo itself, just the search engine. The industry is skeptical. The guy supposed to be doing the deal denies it exists.