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Text of Microsoft's Letter to Yahoo on Bid

Below is the text of the letter that Microsoft sent to Yahoo!'s Board of Directors as it made an unsolicited offer for portal and search engine Yahoo, Inc. worth $31 per share, or $44.6 billion:

Microsoft Saw Yahoo's Weakness as Sign to Take Over

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Microsoft CEO Steve Ballmer believes Yahoo has not improved its competitiveness in the year since it proposed a merger and now believes the only alternative is to combine the companies in a deal worth $45 billion.

Microsoft Challenges Google with $45 Bln Yahoo Bid

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Microsoft Corp. made a move on Friday to bolster its Web operations against Internet search leader Google by making an unsolicited offer for Internet portal and search engine Yahoo, Inc. worth $31 per share, or $44.6 billion.
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Government Extends Oversight on Microsoft

A federal judge ruled to extend the U.S. government's antitrust oversight of Microsoft for two more years, shy of the five-year extension sought by states accusing the company of continuing monopolistic behavior.
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Microsoft Targets Virtualization, VMware

Microsoft Corp said Monday that it bought startup Calista Technologies and expanded its alliance with Citrix Systems, targeting the fast growing virtualization market.
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Microsoft Names Former Disney, GM Exec as CIO

Microsoft Corp. named former Disney and General Motors executive Tony Scott as chief information officer on Thursday, after it ousted its previous executive in November under mysterious circumstances.
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Microsoft, Edgar Online in Ad Deal

Microsoft Corp. announced Wednesday it will soon start to serve ads and share content with financial information site Edgar Online Inc.
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Microsoft Launches Office for Mac 2008

Microsoft Office 2008 for Mac has launched at this year's Macworld Expo, four years after the last edition. The new suite of productivity applications for the Macintosh operating system is built specifically for the Mac and is tailored to feel like a native application. The software was created by Microsoft's Macintosh Business Unit, which is dedicated to products on that operating system.
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Amazon to offer Mp3s from Sony BMG

Amazon said on Thursday that it will begin offering music from Sony BMG without digital rights management, allowing purchases to freely distribute the downloads.
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Microsoft's Second Shakeup for 2008

In its second executive shuffle of the year, Microsoft Corp. announced on Thursday that the head of the unit which produces its valued Office software suite, plans to retire in September to be replaced by Stephen Elop, the former chief operating officer at Juniper Networks.
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Microsoft won't launch iPhone rival: report

Microsoft will not launch a product that competes directly with Apple's iPhone, Chairman Bill Gates said in an interview with Germany's Frankfurter Allgemeine Zeitung. No, we won't do that. In the so-called smart phone business we will concentrate solely on software with our Windows Mobile program, Gates was quoted as saying in the interview published on Wednesday.
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Gates eyes next digital decade

Microsoft Corp Chairman Bill Gates at the world's largest technology show predicts that his industry is on the cusp of the next digital decade.
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Microsoft promises free game after online woes

Microsoft Corp said on Thursday it will offer a free downloadable video game to users of its Xbox online gaming service after the network was plagued with connection troubles over the holidays. Xbox Live General Manager Mark Whitten said the problems stemmed from a massive increase in new users of the service over the holiday season, when sales of video game hardware and software surge.
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Microsoft touts Xbox sales but laments online woes

Microsoft Corp sold 4.3 million Xbox 360 video game consoles in the last three months of 2007, helped by hit titles such as Halo 3 and Mass Effect, according to company data released on Thursday. But the software giant also said it was disappointed with problems that had plagued its online gaming service for days and offered a free downloadable game to more than 8 million users.
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Small steps toward bigger rewards

You're doomed if you think those grandiose I'll never waste money or buy anything on impulse again resolutions are going to stick. They'll be gone before the leftover spinach dip if you don't whittle them down to size.
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Microsoft's Piracy Fight Gains Momentum in China

The software company co-founded by Microsoft Chairman Bill Gates nearly two years ago is seeing the benefits of more stringent intellectual property policies in China, with a decline in piracy rates and improved results at its mainstay Windows division.
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Microsoft Strikes Deal with Open Source Firm

Microsoft has signed a deal to share detailed information about its Windows software with a free software group, marking one of the first concrete results of the European Commission's anti-trust sanctions meted against the software giant.
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Microsoft IE8 Won't Break Existing Web

A Microsoft General Manager broke Microsoft's silence regarding Internet Explorer 8 by sharing details on a blog post of about its new web browser that will launch in the first half of 2008.
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Online giants pay fines for illegal gambling ads

Microsoft Corporation, Google Inc., and Yahoo! pay fines amounted $31.5 million with the U.S to resolve claims on their past promotion of illegal gambling, United States attorney said Wednesday.

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