It is clear to me that the board of directors of Yahoo has acted irrationally and lost the faith of shareholders and Microsoft. It is quite obvious that Microsoft's bid of $33 per share is a superior alternative to Yahoo's prospects on a standalone basis. I am perplexed by the board's actions.
Billionaire investor Carl Icahn reportedly has decided to move ahead with plans to run a dissident board slate at Yahoo Inc in an attempt to pressure the company into restarting negotiations with Microsoft Corp.
Software giant Microsoft Corp launched a new online service in 20 countries on Tuesday that allow users to watch video clips at the same time as a network of friends while chatting via Windows Live Messenger.
Billionaire investor Carl Icahn has bought as much as 3.6 percent of Yahoo and is considering mounting a proxy fight for the Internet portal, according to people who have spoken with him, CNBC reports.
Pierre Avignon is no pirate, but he does not believe in paying for software.
Microsoft, the world's biggest software maker, is appealing the record 899 million euro ($1.4 billion) fine imposed on it by European authorities for anti-trust violations.
RealNetworks Inc, the digital media company, plans to spin-off its fastest growing unit which makes games for various platforms into a separate company.
Microsoft is set to place more emphasis on making mobile phones as one of its strategies to develop the Information Technology infrastructure in developing nations, based partly on a prototype that was developed for Fone+.
Microsoft's satellite imagery project was sued over the TerraServer name, by a small North Carolina company alleging that the firm was using its name which is already registered.
Microsoft will invest $280 million to establish a Research and Development(R&D) Building in Zhongguancun, Beijing, and double the staff within three to five years to reach 3,000 the company said today.
Microsoft's bankers approached Facebook about a takeover of the social networking site, the Wall Street Journal reported.
Microsoft's failure to acquire Yahoo increased pressure on its executive to find better ways of catching up with Google Inc., which is currently leading the Internet advertisement business.
U.S. stocks fell as Yahoo dropped the most in almost two years after Microsoft Corp. abandoned its $50 billion bid for the company and Countrywide Financial Corp. tumbled on concern its suitor will abandon its pending takeover.
Shares of Yahoo fell as much as 20 percent on Monday but recovered slightly after Microsoft withdrew its buyout bid for the Internet portal over the weekend.
Microsoft Corp. abandoned its three-month-old bid to buy internet firm Yahoo on Saturday, after the two sides failed to agree on an acceptable sale price.
Technology sector stocks fell on Friday despite a strong gain from Yahoo as shares of Sun Microsystems and Netsuite sank.
Players of the popular Grand Theft Auto video game series have always reveled in its unique blend of beatings, shootings and vehicular mayhem.
Microsoft Corp. intensified talks with Yahoo Inc. as it may raise its original $31-a-share Friday in a last-minute effort to reach a friendly agreement, according to media reports.
Microsoft chief executive Steve Ballmer outlined his options for moving forward with a Yahoo bid on Thursday and said an announcement would come very soon.
Microsoft's board of directors did not reach a final decision at a Wednesday meeting about what steps it should take in its bid for Yahoo, according to a report.
Microsoft's plan of buying Yahoo is still in suspense after the deadline of Saturday that the software maker had made for Yahoo, passed without the Internet giant accepting the take-over.
U.S. stocks fell for the first time in three days on Friday after data reported the biggest drop in consumer confidence in 26 years, a drop in Microsoft Corp.'s sales and crude oil price soared on reports of unrest in the Gulf.