Yahoo's board has decided Microsoft's $31-per-share offer "massively undervalues" the company, according to a report in The Wall Street Journal. Yahoo is expected to formally reject Microsoft's offer, the Journal reported.
Microsoft launched a campaign today to enlist supporters in its opposition to a new advertising collaboration deal between Google and Yahoo, two sources familiar with the matter told Reuters.
Google's top executives gave a glimpse into how it might try to deflect antitrust concerns of a possible ad-sharing deal with rival Yahoo on Thursday, advising observers to look at the overall ad market.
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."
As Yahoo gears up to report its first quarter performance next week, one analyst predicts the Internet search pioneer may clock in at the lower end of its revenue range, while other analysts predict a buyout deal with Microsoft may be in the mix this week.
I get the feeling there will be a lot of tired tech buzzwords from fads gone by which will be wheeled out soon with the suffix "2.0" bolted on.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
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.
A tie-up with Saleforce.com sees Google pushing even further into Microsoft's businesss applications territory
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In Silicon Valley, everyone is talking about Microsoft's US$44.6 billion offer for Yahoo.
Free voice calls and voicemail, built-in Web searches, and drag-and-drop photo sharing make Yahoo's new instant messenger a fun, powerful IM tool.
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Web portal MSN is testing a new search service that touts faster, tidier results, in what is the latest development in a fast-moving contest to help people find what they're looking for online.
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