MICROSOFT

Yahoo's second biggest investor called-on Microsoft to increase its 42 billion bid for the web giant, and also increased pressure on Yahoo by saying it had few options left, increasing the pressure on the two companies to seal a deal that Yahoo had rejected earlier.

Google shares for the online advertising market increased by 23.7 percent, less than 24.2 percent in the third quarter making the firm's first decline in two years.

Yahoo Inc's second-biggest investor urged Microsoft Corp to raise its $42 billion bid for the Web pioneer and warned Yahoo it has few options left, raising the pressure on them to seal a deal.

Microsoft sent a letter to advanced purchasers of it's special edition Valentines Day Zune, saying the red media player may in fact, not be delivered on the 14th, but will come with a full refund when it arrives.

Yahoo rejected the unsolicited $44.6 billion takeover offer from Microsoft on Monday, saying the bid undervalued the company, putting pressure on the world's largest software company to sweeten the bid.

Yahoo rejected the unsolicited $44.6 billion takeover offer from Microsoft on Monday, saying the bid undervalued the company, putting pressure on the world's largest software company to sweeten the bid.The following is the email that Jerry Yang, Chief Executive Officer of Yahoo issued to employees:

U.S. stocks rose on Monday after American International Group Inc. said it overstated the value of some financial assets boosting fresh concerns over the financial sector.

Yahoo Inc on Monday rejected as too low Microsoft Corp's unsolicited $41.4 billion takeover offer, a move viewed by Wall Street as the first salvo in an effort to get the software maker to raise its bid.

Yahoo Inc on Monday rejected as too low Microsoft Corp's unsolicited takeover offer, currently valued at $42 billion, putting the ball back in the software giant's court to pursue a deal. In a statement, Yahoo said its board unanimously concluded the proposal was not in the best interests of its shareholders.

A major investor in Yahoo Inc has met with Microsoft Corp Chief Executive Steve Ballmer to see if he would raise a $42 billion unsolicited offer for the company, the New York Post reported on Friday. Capital Research and Management, which owns more than 11 percent of Yahoo shares and more than 6 percent of Microsoft, wants to know how much more the software maker might pay if Yahoo rejects the initial offer, the Post said, citing a source familiar with the meeting.

A major investor in Yahoo Inc has met with Microsoft Corp Chief Executive Steve Ballmer to see if he would raise a $42 billion unsolicited offer for the company, the New York Post reported on Friday.

Yahoo Inc's board of directors is to meet on Friday to discuss Microsoft Corp's $44.6 billion buyout offer, the TechCrunch blog said, citing unnamed sources. Yahoo officials could not immediately be reached.

Shares of Yahoo are trading at a nearly 7 percent discount to Microsoft's bid offer, but some analysts are contending that the world's largest software maker may raise the stakes to capture one of the Web's most recognizes brands.

Time Warner CEO told investors on a conference call on Wednesday that the company will split off AOL Internet-access service and eliminate 100 jobs.

It has become pretty clear that Yahoo CEO Jerry Yang does not want to merge the company he co-founded as a Stanford student with Microsoft.

Skeptical investors are trading Yahoo Inc shares at a 6.5 percent discount to Microsoft Corp's unofficial offer price, but some Wall Streeters expect the software giant to raise its bid.

Rupert Murdoch, Chair of global media giant News Corporation, has said that he would not be making a rival bid for Yahoo, in response to Microsoft's $44.6 billion offer made last week.

Yahoo Inc. said on Monday it will stop operating its online music service Yahoo Music and divert its customers to Rhapsody music service, which is run by RealNetworks Inc and Viacom Inc, in a deal that will allow Yahoo to promote Rhapsody on its site.

Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo's strategy said on Sunday. Yahoo management may revisit talks it held with Google several months ago as an alternative to Microsoft's bid.

U.S. stocks markets closed out the week on an up note on Friday, ending Wall Street's best performing week in nearly five years, after Microsoft Corp's $44.6 billion bid for Yahoo Inc pushing technology stocks ahead of other sectors.

Microsoft CEO Steve Ballmer is taking his company's $45 billion bid to acquire Internet portal Yahoo public after being rejected last year, saying it is in the best interest of both firms to better compete in the online market.