MediaPost’s Video Insider writes that there is an ever-increasing number of mobile phone companies that want users to do more than communicating by voice with another person. The latest thing is films on mobile phones and film director Spike Lee has hooked up with Nokia to "direct a movie made with cell phone footage from everyday people." And there is Paramount and Motorola who've announced that they will be working together to bring Paramount films to Motorola phones via side-loading (download to PC and move to mobile).

As predicted, Yahoo's shares fell by more than 15% in New York after software giant Microsoft scrapped its three-month-old bid to buy the internet firm. The deal collapsed after the two sides could not agree on the sale price. Yahoo shares initially fell by 20% but recovered some of their losses to close 15.6% down at $24.22, erasing a big chunk of the 50% gain made since the takeover approach. However, the fall was less steep than many at Wall Street had expected, which may be an indication that investors believe that "Microsoft could re-enter the picture, essentially playing the role of the white knight".

The Greek government is said to be prepared to approve the €2.5bn ($3.9bn, £2bn) sale of a strategic stake in OTE, the public telecoms operator, to Deutsche Telekom, which would also take over management. This would be the country’s most important privatisation to date and proof of the commitment to attracting foreign direct investment. The deal is fiercely opposed by OTE’s militant unions, which have denounced it as “a sell-out by national traitors” – as well as by several backbenchers in the prime minister’s New Democracy party, which has only a majority of two seats in parliament.

After making several threats to go directly to shareholders if Yahoo would not accept its bid, and after raising its offer by $ 5 billion, which was still to low for Yahoo, Microsoft threw in the towel and withdrew the offer to buy Yahoo. The dramatic move followed a meeting on Saturday morning in Seattle between Microsoft’s chief executive, Steven Ballmer, and Yahoo’s chief and co-founder,  Jerry Yang. At the meeting, Mr. Ballmer increased Microsoft’s offer to $33 a share, or a total of about $47.5 billion, from $29.40 a share. Mr. Yang told Mr. Ballmer that Yahoo would not accept an offer below $37 a share, the New York Times wrote.

Three weeks ago, Microsoft issued an ultimatum to Yahoo, to accept its takeover offer or Microsoft would go directly to its shareholders and try to unseat Yahoo’s board. Now it looks as if the ultimatum has failed and Microsoft faces a critical decision of whether to mount the outright hostile bid it has threatened almost from day one but has shied away from out of fear of alienating Yahoo employees and angering shareholders who have been hoping for a higher price. Microsoft executives said last week that another option would be to drop the unsolicited offer altogether, though that is considered unlikely.

Searching with the mobile phone for addresses and routes from now on even faster and simpler

To search for the right address on the move or to ask for the best way to reach the destination, to find a mobile telephone number and to save it in the address book, or to quickly find a nice café nearby by mobile phone, smart phone or any other Internet capable appliance is as easy as child’s play. The mobile service of DasTelefonbuch – DasTelefonbuchmobil.de – is seeing to that and from now on even faster and easier.