With the first day over since Microsoft bailed on Yahoo, I find myself chuckling with agreement over Valleywag’s "Post-Microsoft, Yahoo shares ‘plunge’ from $19 to $24.60" headline. Yahoo fared far better than many had predicted. Part of that may be due to thoughts that it is not all over yet for a Yahoo-Microsoft marriage or some other deal. Certainly Yahoo CEO Jerry Yang is putting that idea out there. Plus, there are debates over who was more serious about really negotiating, an investor lawsuit being prepared, Yahoo stresses it is not selling out to Google plus Yahoo’s annual meeting finally gets scheduled: July 3. Below, a rundown on the past day’s news, for those looking for signal from the noise.

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