2008 05-01 MediaBytes: MICROSOFT - YAHOO - CABLEVISION - NEWSDAY - AT&T - AMPTP - SAG- APPLE
*MICROSOFT raises bid for YAHOO. *CABLEVISION to make $650 million bid for NEWSDAY. *AT&T to launch mobile TV. *AMPTP and SAG are not close to a deal. *APPLE inks deal to sell day-and-date movies on iTunes. Read more at http://www.ShellyPalmer.com