Peter Kafka / Silicon Alley Insider:
CBS Buying CNET For $1.8 Billion; CBS Predicts $1 Billion Interactive Revenues By 2010  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?

Peter Kafka / Silicon Alley Insider:
LIVE CALL: CBS Buying CNET For $1.8 Billion  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?  —  If you take the JANA team’s […]

Peter Kafka / Silicon Alley Insider:
CBS Buying CNET For $1.8 Billion  —  CBS will pay $11.50 a share for CNET.  The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday.  Will it be enough to satisfy JANA et al?  —  If you take the JANA team’s argument at […]

Joseph Weisenthal / paidContent.org:
CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium  —  CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash.  The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night’s closing price of $7.95.

Joseph Weisenthal / paidContent.org:
BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium  —  CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash.  The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night’s closing price of $7.95.

Mike Ricciuti / Webware.com:
Adobe set to test new Flash Player  —  Adobe on Thursday is expected to launch a beta test program for the latest version of its Flash Player software.  —  Flash Player 10, developed under the code name Astro, includes better support for 3D animation and video hardware acceleration, among other improvements.

Eric Savitz / Tech Trader Daily:
At The Churchill Club: The Top 10 Tech Trends  —  I’m at the Fairmont Hotel in San Jose tonight, for the Churchill Club’s annual Top 10 Tech Trends Dinner.  This is the club’s 10th annual tech trend panel.  Making the picks:  — Steve Jurvetson, Draper Fisher Jurvetson.  — Vinod […]