Open up today’s Techmeme and you will see this splashed across almost throughout the entire page. Because this is HUGE news. Microsoft has withdrawn its plans for buying out Yahoo, more popularly known as Microhoo in the speculative blogosphere. So what does it mean finally for us?

Does it mean that we can actually breathe a sigh of relief before some other giant (Google) makes the next move? Or has Yahoo got some other plans up its sleeve? Almost 3 months after the initial speculations of Microsoft’s plan of acquisition of Yahoo, and almost a 16 billion $ increase in market value, Microsoft’s Steve Ballmer released his statement that it was withdrawing its offer of acquiring Yahoo. And now that the beans have been spilled, speculations are making the rounds.

Of course, most of them surround the Big Goog tying up with Yahoo to do things OpenSource. Also under the radar is the question of how Yahoo’s shares would turn out on Monday when the markets open. And unless there is a huge miracle, the stock-prices are expected to decline drastically. And well, as Techcrunch states in their post here, if Yahoo tanks badly, Microsoft can even be back with a lower bid. Hmm, so we just can’t count out Microsoft out as yet.

Indexed below are the sites which have covered the entire chapter from every possible angle and every possible aspect.

Yahoo Responds: “The distraction of Microsoft’s unsolicited proposal now behind us”

Breaking: Microsoft Corporation Rescinds Offer For Yahoo Inc

Microsoft Withdraws Proposal to Acquire Yahoo!

Yahoo! Issues Statement in Response to Microsoft

Guessing Yahoo’s Opening Stock Price

OK, so what’s Microsoft’s plan B?

Email From Steve Ballmer To All Microsoft Employees

Ballmer to Yang: How stupid are you?

YHOO and MSFT: Jerry Yang should be fired