There has been some pure speculation of late that with the stock market being in the free fall that it is, that Microsoft would make a play to buy the Canadian based RIM, the makers of Blackberry handsets. RIM, who's stock is selling at the $60 range at the moment, was fetching $148 a share just four months ago and is probably one of those undervalued companies some billionaire could make a fortune on if they decide to buy it on the cheap.

Though I have no idea why. 

Microsoft CEO Steve Ballmer in speaking to BBC declared that the new Google open source mobile OS, Android was not a threat to Windows Mobile because Android is still in version one and not as polished as a product.

While Microsoft continues to play footsie with Yahoo, they've completed a deal to buy Sidekick manufacturer Danger. They paid $500 million... or roughly Bill Gates' lunch money.

Microsoft will continue to employ Danger co-founders Matt Hershenson and Joe Britt, and Danger will continue to be based out of Pal-Alto, California.

Read the press release here.