Microsoft

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Yahoo Still Open to Offers: Yang
Yahoo Still Open to Offers: Yang
May 6, 2008 6:28 AM CDT

Yahoo Still Open to Offers: Yang

CEO, facing shareholder backlash, says Microsoft 'wouldn't negotiate'

(Newser) - Though Microsoft's courtship of Yahoo came to an unhappy end, Yahoo is still open to suitors, even Microsoft—at the right price, insists CEO Jerry Yang. Yahoo is in talks with other companies about ways to boost its value, and while Yahoo isn't in a rush to sell, executives are...

Stocks Fall on Yahoo Plunge, Oil Spike
 Stocks Fall on Yahoo Plunge,
 Oil Spike 
MARKETS
May 5, 2008 3:32 PM CDT

Stocks Fall on Yahoo Plunge, Oil Spike

Investors cautious on new developments

(Newser) - Stocks fell today as Yahoo shares plummeted 16% and crude prices jumped past $120 a barrel. "People have gotten in, but they don't want to be in a big way," a investment officer told the Wall Street Journal. The Dow fell 88.66 at 12,969.54, the...

Yahoo, Microsoft Back Where They Started: Behind Google

Both companies scramble for options

(Newser) - The Microsoft/Yahoo deal looks dead, and at least one company is celebrating: Google. Both companies are exploring other deals, but none will be as potent as MicroHoo might have been, BusinessWeek reports. That’s good news for a certain search giant. “Its two main competitors are separate and floundering,...

Yahoo Faces Lawsuits, Rough Ride on Wall Street

Turning down Microsoft's sweetened bid may cost company in coming weeks

(Newser) - At least seven lawsuits already have been filed against Yahoo for its handling of Microsoft’s bid to acquire the Internet portal and lawyers say the company is likely to face more, reports Reuters. Microsoft withdrew a $33-per-share offer Saturday—a 70% premium above Yahoo’s share price three months...

Ballmer's Competitive Streak Drove Yahoo Bid

Microsoft CEO once vowed to 'kill Google'

(Newser) - Microsoft's Yahoo bid put CEO Steve Ballmer to the test: How much would he pay to fulfill his promise to "(expletive) kill Google"? Forty-seven billion bucks was too high, but many say he'll try again—and may have a tough time convincing investors it's all cool calculation. Microsoft...

Post-Microsoft, What's a Yahoo to Do?

Google deal risky, but analysts say company must prove its value

(Newser) - High-fives broke out at Yahoo yesterday after Microsoft revoked its buyout bid, but founder Jerry Yang and colleagues may want to hold off on celebrations, the New York Times reports. Analysts expect the stock to tank tomorrow, shareholders are mulling legal action, key workers may walk, and an alliance with...

Microsoft Retracts Yahoo Offer
 Microsoft Retracts Yahoo Offer 
May 3, 2008 7:42 PM CDT

Microsoft Retracts Yahoo Offer

CEO Steven Ballmer refuses to pay $37 per share

(Newser) - Microsoft withdrew its latest offer to buy Yahoo today after the companies' chief execs haggled over price at a Seattle meeting, the New York Times reports. Microsoft CEO Steven Ballmer offered $33 per share, but Yahoo's Jerry Yang wanted $4 per share more in the blockbuster deal.

Microsoft Boosts Offer, Launches Talks With Yahoo

Increase of 'several dollars' seen

(Newser) - Microsoft and Yahoo are holding active merger talks, with Microsoft willing to increase its offer “by several dollars,” sources tell the New York Times. The negotiations come as a major breakthrough after months of stalemate; Yahoo shareholders have been fielding calls from both sides seeking to arrive at...

Microsoft Edges Toward Hostile Bid
Microsoft
Edges Toward
Hostile Bid
May 2, 2008 4:52 AM CDT

Microsoft Edges Toward Hostile Bid

Ballmer, still on fence last night, expected to move on Yahoo today

(Newser) - Microsoft appears to be edging closer to a hostile bid for Yahoo, the Wall Street Journal reports; an announcement of the company's next move is expected today. Price will be a key factor: CEO Steve Ballmer told employees yesterday he won't pay a "dime above" what he thinks Yahoo...

Microsoft Still Pondering Yahoo Options

Decision to go hostile, raise bid, or walk away up to CEO Ballmer

(Newser) - Microsoft's board met yesterday to discuss the next move in its bid for Yahoo but didn't make a decision, the Wall Street Journal reports. Directors have given CEO Steve Ballmer broad leeway to decide between going hostile or walking away from the bid, and insiders say it could still go...

Ballmer May Seek Middle Path on Yahoo
Ballmer May Seek Middle Path on Yahoo
ANALYSIS
Apr 30, 2008 7:13 AM CDT

Ballmer May Seek Middle Path on Yahoo

Microsoft could nominate proxy slate, wait on hostile offer

(Newser) - Steve Ballmer's next move on Yahoo is expected momentarily, and one option is to nominate a proxy slate for the board of directors, the Wall Street Journal reports, but hold off on making a new hostile bid for the company. Microsoft could buy time for setting a new price for...

Startup Flops Leave Little Trace Beyond For-Sale Sign

Execs, pursuing new capital, quick to wipe failures off resumes

(Newser) - A failed start-up doesn't spell purgatory for entrepreneurs with the right connections, the Boston Globe reports. Take Mort Rosenthal, who struck gold in the 1980s as a software entrepreneur, only to launch two flops—one in alternative medicine, the other in cell-phone retail—with millions in lost venture capital. Now...

Microsoft's Price Wasn't Right: Yahoo Offer Expires

Talks quietly die after Yahoo demands $35 a share

(Newser) - Microsoft may get nasty now that its deadline for a friendly Yahoo purchase expired yesterday. Talks died quietly after Microsoft refused to up its offer from $29.68 a share on Friday; Yahoo execs wanted $35. Microsoft could now press Yahoo, tack back the offer, or deal directly with Yahoo...

AmEx Leads Dow Rally
 AmEx Leads Dow Rally 
MARKETS
Apr 25, 2008 3:39 PM CDT

AmEx Leads Dow Rally

Oil jumps on worries about supplies in UK, Nigeria

(Newser) - Stocks were mixed today as financials rallied but Microsoft dragged down the tech sector.  Nevertheless, all three major indexes recorded back-to-back weekly gains for the first time since February, Bloomberg reports. The Dow closed up 42.91 at 12,891.86, the Nasdaq dipped 5.99 to 2,422....

Slumping Microsoft Needs Yahoo
 Slumping 
 Microsoft 
 Needs Yahoo 
OPINION
Apr 25, 2008 11:52 AM CDT

Slumping Microsoft Needs Yahoo

Slow quarter spurs push for acquisitions

(Newser) - Microsoft's first quarter saw flat sales and dipping profits, all the more reason to make nice with Yahoo, Aaron Ricadela writes in BusinessWeek. Steve Ballmer has said he is ready to walk away from the attempted takeover, but with most of Microsoft's revenue coming from smaller divisions and overseas interests,...

Microsoft Profit Dips 11%
 Microsoft Profit Dips 11% 
earnings report
Apr 24, 2008 4:43 PM CDT

Microsoft Profit Dips 11%

Revenue of $14.5 billion virtually unchanged from last year

(Newser) - Microsoft's profits fell 11% in the third quarter amid concern that corporate clients are cutting back during the economic downturn, Bloomberg reports. The software giant reported net income of $4.39 billion, or 47 cents a share, down from $4.93 billion a year ago. The company's revenue remained flat...

Ballmer to Yahoo: That's Our Final Offer

CEO not impressed by Yahoo's Q1 profits

(Newser) - Microsoft won't raise its $44.6 billion takeover bid for Yahoo despite the Internet firm's strong first-quarter earnings, Bloomberg reports. "We are prepared to go forward without a merger," said CEO Steve Ballmer, who has threatened a proxy shareholder revolt to push the deal through, possibly at a...

Microsoft Syncs Phone, PC Data with 'Live Mesh'

The house Gates built joins cloud computing trend

(Newser) - Microsoft is testing a new product that will allow users to link data across multiple electronic devices through the internet—so the picture you took on your phone can be in the digital picture frame in your home within minutes. It’s a big step for Microsoft, which until now...

In Q1, Yahoo Beats Estimates
 In Q1, Yahoo Beats Estimates 
earnings report
Apr 22, 2008 4:09 PM CDT

In Q1, Yahoo Beats Estimates

Positive numbers may translate into leverage against Microsoft

(Newser) - Yahoo posted an increase in net income and reported sales that beat estimates in the first quarter, the company reported today. The jump in profit to $542.2 million translates to 37 cents per share, up from 10 cents a share a year ago—a number reflecting a onetime $401...

Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Earnings Preview
Apr 21, 2008 10:50 AM CDT

Yahoo Hopes Q1 Report Will Boost Microsoft Bid

Data out tomorrow expected to be in line with analysts' expectations

(Newser) - All eyes will be on Yahoo's first-quarter earnings report tomorrow; the company hopes to use solid results to pressure Microsoft into sweetening its takeover bid, the Wall Street Journal reports. The report comes just 2 days before Microsoft's own and 4 days before the deadline the latter set for a...

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