Yahoo co-founder and Chief Executive Jerry Yang issued another rally call to troops on Wednesday, according to a filing with the Securities and Exchange Commission.
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."
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.
Yahoo is headed for a reorganisation that, combined with an exodus of top Yahoo executives, will in all likelihood put power in dramatically fewer hands.
Microsoft and Yahoo once again speaking to each other, with sources saying the latest talks involve a deal short of an acquisition.
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.
Friday's New York Post writes that an independent group of Yahoo board members believes Yahoo CEO Jerry Yang may be letting emotions trump his better judgment; and that's why he's opposed to accepting Microsoft's buyout offer.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
For a man a few months away from leaving his job, Bill Gates has a lot on his mind.
At the Web 2.0 Summit in San Francisco, John Battelle of Federated Media Publishing questions Yahoo CEO Jerry Yang about Microsoft's bid to buy Yahoo for $33 dollars a share earlier in 2008. Yang says the companies weren't far from agreeing on terms of a deal. He adds that Microsoft has made it clear that is no longer interested in buying Yahoo.
At the Web 2.0 Summit in San Francisco, John Battelle, chairman of Federated Media Publishing, talks to Jerry Yang about his job as CEO of Yahoo. Yang discusses his decision to take the position, the challenges he's faced since then, and his vision for building a better advertising and content platform.
The handheld revolution marches on... Sony converts to Palm OS, developers flock to Handspring and Palm gets expansive. Perhaps PC Expo would be more correctly named the PDA Expo.
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