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.
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.
Microsoft on Saturday issued an ultimatum to Yahoo, giving the Internet search pioneer three weeks to enter formal merger negotiations and conclude a deal.
Yahoo, under fierce financial pressure, has begun a search to replace company co-founder Jerry Yang as chief executive, the company said late Monday in the US.
Microsoft announced on Sunday afternoon it has issued another proposal to Yahoo that calls for a transaction with the company but would not involve the acquisition of all of its assets.
Microsoft has tried the front-door approach in wooing Yahoo. But, pssst, the backdoor is unlocked.
Without a competing suitor to push Microsoft's unsolicited bid higher, Yahoo is turning to its investors to get that job done.
The software giant has announced an offer to acquire Norwegian enterprise search provider FAST, ending months of speculation of a planned move into the premium search market.
For those wondering how long Yahoo may take to respond to Microsoft's unsolicited $44.6 billion takeover bid, Yahoo says don't hold your breath.
Microsoft went public on Friday with a US$44.6 billion cash-and-stock bid to acquire Yahoo.
The bold bid unveiled by Microsoft for Yahoo would create a technology titan of unprecedented size to challenge the Internet leadership established by Google, analysts believe.
Yahoo may indeed agree to Microsoft's US$44.6 billion bear hug, but it will be over Jerry Yang's dead body.
The chief executive of Google Eric Schmidt was showing off his iPhone at a press conference in France, where he said that Apple's mobile handset would be ideal for hosting applications.
Yahoo introduced changes to its search engine this week that were meant to improve the quality of search results, but the update is making some Webmasters grumpy.
Days after Google acted to thwart the Santy worm, security firms warned that variants have begun to spread again using both Google and other search engines.
Chasing Ballmer in Sydney
Where's Ballmer? In this video, ZDNet.com.au journalist Liam Tung chases Steve Ballmer around the stree… Watch it now
NBN needs workers on board
D'Ascenzo: Read p23 of security review
Opening the floodgates on missing drives
'At The Whiteboard' Video Series
Click here to learn more about Microsoft Windows Server 2008 and Hyper-V technology.
Click here for more.
CXO's Unplugged - Real Business Insight
Phil Dobbie interviews business leaders to reveal their thoughts on various management challenges.
Click here to see the latest video.
Printer Superguide
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
Click here for more.