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Microsoft Corp is evaluating its bid for Yahoo Inc because the Internet company may have lost value since Microsoft made its offer, people familiar with the matter said on Friday. The news, sent Yahoo shares down more than 5 percent in extended trade.
After weeks of silence, recent comments from various sources to journalists suggest the software maker is hardening its stance and pushing Yahoo for action. The sources told Reuters that Yahoo has lost key personnel, making the company less valuable, while generous severance packages it handed out to executives and full-time employees in the case of a takeover have made it more expensive.

Link: Reuters

Internet addiction should be considered a true mental illness, according to a recent editorial published in the prestigious American Journal of Psychiatry. Jerald Block MD says excessive online gaming, porn surfing along with e-mail and text messaging are signs of mental collapse and “merit inclusion” in the Diagnostic and Statistical Manual of Mental Disorders (DSM V).
Block pointed to ten deaths in South Korean Internet cafes as sure signs of addiction. He adds that the average high school student in South Korea plays online games 23 hours a week and that more than 210,000 children required treatment for excessive gaming and Internet usage in 2006. Chinese figures show that 13.7% of teenagers are addicted to the Internet, according to Block.
You can read Dr. Block’s editorial in the American Journal of Psychiatry here.