Roundup: Microsoft/Icahn offered Yahoo $2.3B in annual revenue, the Gphone continues to be imaginary and more

Here’s the latest action: Microsoft and Icahn offered Yahoo $2.3 billion in annual revenue — That money would have been guaranteed from search advertising for five years. Yahoo rejected the deal yesterday. Its current search ad deal with Google guarantees them $800 million a year but is more open. More details on... (Read more)