After talks broke down on Saturday, Microsoft CEO Steve Ballmer sent this letter to Yahoo chief Jerry Yang, signalling the end of the epic takeover attempt.
Microsoft officially withdrew its offer to acquire Yahoo on Saturday but only after it threw an additional US$5 billion on the table.
While speaking in Moscow, Microsoft CEO and Yahoo suitor Steve Ballmer said, "Yahoo was never the strategy we were pursuing, it was a way to accelerate our online advertising business... We will spend money on some acquisitions. You can do a whole lot of things with $50 billion."
Investor activist Carl Icahn and Microsoft on Monday asked Yahoo investors to oust Yahoo's board and in its place elect Icahn's dissident slate, potentially paving the way for a purchase of the internet company in its entirety or just its search assets.
If Microsoft CEO Steve Ballmer were to call SAP CEO Henning Kagermann for advice, he would be told to spend his money on Yahoo.
On Saturday, Microsoft formally withdrew its offer to acquire the search pioneer, at least for now. So what happens next for Yahoo? A deal with Google looks likely.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
Boosting adoption of voice-control and multitouch tech are among the items on the agenda of Microsoft's chairman, even as he moves closer to a part-time role.
In an interview, Windows Live exec Chris Jones talks about what the 2-year-old is up to and comments on another youngster -- Apple's iPhone.
While other tech honchos play hard to get, Microsoft's boss holds a first-of-a-kind chat with a blogger, writes News.com's Jeff Pelline.
ZDNet Editor in Chief Dan Farber talks about Microsoft's $44.6 billion cash-and-stock bid to acquire Yahoo. He analyses Microsoft's strategy in search, the potential impact on chief rival Google, and what it would mean, overall, in the competitive online-search market.
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