News (28)

  • Microsoft walks away from $50bn Yahoo offer

    Microsoft officially withdrew its offer to acquire Yahoo on Saturday but only after it threw an additional US$5 billion on the table.

  • Microsoft offer still undervalues company: Yahoo

    Yahoo on Monday responded to Microsoft's merger deadline, reiterating its rejection to the software giant's buyout bid as "substantially" undervaluing the company.

  • Icahn dons the gloves ahead of Yahoo proxy fight

    Yahoo announced on Tuesday that it will hold its annual shareholders meeting on 1 August, setting the stage for a contentious proxy battle with billionaire shareholder Carl Icahn.

  • Yahoo's Yang throws jabs at Microsoft and Icahn

    After taking a one-two punch from investor activist Carl Icahn and Microsoft on Monday, Yahoo CEO Jerry Yang threw a few punches of his own in an interview in The Wall Street Journal on Wednesday.

  • Ballmer rules out new Yahoo bid

    Microsoft CEO Steve Ballmer today said that Microsoft was "not interested" in making a new offer for internet company Yahoo, despite Yahoo's share price currently sitting at less than half what Microsoft initially offered.

  • OpenNet wins Singapore NBN bid

    The Infocomm Development Authority of Singapore (IDA) has appointed the OpenNet consortium as the network company (NetCo) for the country's planned next-generation National Broadband Network (NBN).

  • Bill Gates: We're not looking for another Yahoo

    With its multibillion-dollar Yahoo merger bid yanked from the table, the Microsoft chairman said at a Tokyo press conference on Wednesday that the software giant has no immediate plans to jump on another deal.

  • Ballmer: From the frying pan to the firing line

    In these eBay days, buyer's remorse is increasingly common. Less common is the remorse of the unbought a sensation now widely reported among major Yahoo shareholders in the wake of Ballmer's retreat.

  • Microsoft makes $44.6 billion bid for Yahoo

    Microsoft went public on Friday with a US$44.6 billion cash-and-stock bid to acquire Yahoo.

  • Yahoo's 'flexible' search-ad deal with Google

    Yahoo announced a non-exclusive partnership under which rival Google will supply it with some search ads, a move that could increase Yahoo search revenue but that also gives Google even more power in the market.

  • Microsoft waiting on formal rebuff from Yahoo

    Having been informally rejected by Yahoo, the software maker is awaiting a formal rejection before going ahead with its next move, likely appointing its own slate of directors, a move that it has until 14 March to make.

  • Movers and shakers 2007: Who left and why

    2007 saw more key executives leaving their posts than those joining companies. We take a look at who left their hot seats last year and why.

  • Gates wants Yahoo's people power

    Bill Gates points to Yahoo's engineers as the key thing that makes Yahoo worth more than US$40 billion to his company.

  • SingTel head to step down

    Optus owner SingTel is now on the hunt for a new chief after its group chief executive officer, Lee Hsien Yang, announced his resignation from a post he has held for more than a decade.

  • Independents back SingTel bid

    Independent directors of Cable & Wireless Optus have recommended SingTel's AU$17 billion takeover bid go ahead, easing its likely passage.

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