Yahoo's shares surged above $17 in premarket trade, but stood at $16.72, up $1.47 or 9.6 percent, shortly after regular trade began on the Nasdaq. Yahoo's jump comes after a source said on Wednesday that several private equity firms have approached media companies including News Corp and AOL about a possible acquisition of Yahoo. Skype 5 adds features familiar to Facebook users, including status updates that Skype has called "mood

Facebook and Skype are working on a deal that would integrate Facebook Connect with Skype accounts, AllThingsD has learned, citing sources familiar with the situation. It is a logical step. Facebook's chat capabilities are limited compared to Google Talk. Continue Reading

Arcade Fire has released a really cool video. It uses HTML5 and allows you to input your address where you grew up and have the video take place there. It uses Google Maps views and Street View as well as other video and music of course. Check it out here. I think it an only be viewed correctly with Google Chrome who is a partner in the experiment. It is a very clever way to promote Arcade Fire and Google Chrome at the same time. Cisco may be trying to buy Skyp