News Bites: Microsoft to buy Skype

Microsoft has made an agreement to buy Skype for $8.5 billion, The Wall Street Journal reports.

Business Insider tallies up the winners and losers of the deal. 

The New York Times reports that the national emergency alert system is coming to cellphones thanks to the Federal Communications Commission (FCC).

Google is planing to announce a new music service on Tuesday that could step up its competition with Apple, Bloomberg reports. 

Google told Indian authorities that restrictions on Internet content would be a problem, The Wall Street Journal reports. 

Industries beyond cellphone companies wouldn't mind checking out your location data, The Wall Street Journal reports.

TechCrunch Europe reports on the "forgotten European behind Twitter" and his new startup.