Ninemsn plans to acquire Sydney-based Web content developer HWW as the Microsoft/Publishing and Broadcasting Ltd joint-venture looks to bolster its mobile presence next year.
Microsoft's efforts to reach some sort of arrangement with Yahoo have broken down again, Yahoo confirmed on Thursday.
Microsoft officially withdrew its offer to acquire Yahoo on Saturday but only after it threw an additional US$5 billion on the table.
Microsoft on Saturday issued an ultimatum to Yahoo, giving the Internet search pioneer three weeks to enter formal merger negotiations and conclude a deal.
Microsoft and Yahoo are holding informal merger discussions, marking a shift from the "radio silence" that previously existed between the two companies, according to a source familiar with the talks.
After a resounding "no" on its unsolicited buyout offer for Yahoo, Redmond will either up the ante or ready a one-two punch.
Before handing over your IT requirements to a host, you had better learn to play all your cards right.
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