Yahoo Board to Reject Microsoft Bid: After a series of meetings over the past week, Yahoo's board determined that the $31 per share offer "massively undervalues" Yahoo, the person said. It also doesn't account for the risks Yahoo would be taking by entering into an agreement that might be overturned by regulators. WSJ.
This knee brace could charge batteries: Brace yourself for the latest in battery-charging technology for gadgets. Researchers from Simon Fraser University in British Columbia have developed a device worn much like a knee brace that generates electricity from the natural motion of walking. News.com.
Polaroid shutters the Polaroid: Polaroid is dropping the technology it pioneered long before digital photography rendered instant film obsolete to all but a few nostalgia buffs. CNN Money.
Major Vendors Join OpenID Board: IBM, Google, Microsoft, Verisign and Yahoo have joined the corporate board of the OpenID Foundation, giving a boost to the group's efforts to simplify the process of signing into Web sites. The OpenID framework allows people to use a single user name and password to sign into sites that support it. NYTimes.