Yahoo Inc Chief Executive Jerry Yang said on Wednesday a potential deal with Microsoft has tremendous power, but the software giant appears no longer interested in a full merger.
Software giant Microsoft Corp is discussing ideas for partnerships with Internet portal Yahoo but it is not interested in an acquisition, Yahoo's chief executive said.
Microsoft will include touch screen controls for the next generation of the Windows operating system.
Microsoft will end its book search and academic search projects as it seeks to develop a sustainable business model for its search engine, the company said on Friday.
U.S. stocks rose on Monday, lifting the Standard & Poor's Index to a four-month high, after data suggesting the U.S. economy may not be in recession which helped to overcome concerns over record crude oil prices, while technology shares were boosted as deal talks between Microsoft and Yahoo have been resumed.
Microsoft and Yahoo are in talks for a less ambitious partnership, but neither side is discounting the possibility of another Microsoft takeover attempt of the Internet portal.
Technology shares gained ground on Thursday after Carl Icahn proposed to change the board of Internet giant Yahoo, saying the firm had completely botched negotiations with Microsoft.
Dear Mr. Icahn:
We are in receipt of your letter with regard to your intention to seek control of Yahoo!'s board of directors.
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.
