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Microsoft's phone biz goes from dead to deader (The 3:59, Ep. 51)

We dish on Microsoft's layoffs, AT&T eyeing Yahoo and the Chewbacca mask mom.

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Microsoft has thrown in the towel on its smartphone business.

Shedding another 1,850 jobs -- on top of the 4,500 cut last week as part of the sale of its basic phone assets -- doesn't instill confidence in Microsoft's ability to make phones. Microsoft left the door open for future phones, including perhaps that rumored Surface device. But we're not holding our breaths for one anytime soon.

We're also chatting about AT&T's surprise move to bid for Yahoo's core Internet access, and why it makes sense. And finally we talk about the mom in the Chewbacca mask and whether Facebook can generate its own YouTube stars.

The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by CNET Executive Editor Roger Cheng, Senior Writer Ben Fox Rubin and Producer Bryan VanGelder.

The 3:59, Ep. 51

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