Saturday, April 18, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Logo Removed From Japanese Smartphones
Google Is Getting Serious With Project Loon
New Technology Can Track Detailed Hand Motion
Office Universal apps Coming Next Month On Windows 10 for Phones
FCC Makes 150 MHz Of Contiguous Spectrum Available To Telecom Companies
Google Extends Chrome Support For Windows XP
ASUS X99 and Z97 Motherboards Now Support NVM Express Devices
AMD Reports Loss, Exits From High-density Server Business
Active Discussions
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
Need serious help!!!!
burning
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 24, 2008
Microsoft May Walk Away From Yahoo Bid


Microsoft is prepared to walk away from its $43.6 billion bid for Yahoo if the two sides can't agree on a price, Chief Executive Steve Ballmer said on Wednesday.

Speaking at a technology conference near Milan, Ballmer said Yahoo's better-than-expected first-quarter results, reported on Tuesday, have not changed Microsoft's view of Yahoo's value.

Microsoft sees Yahoo as a way to compete with rival Google in the Internet search and advertising arena, but it has limits to what it is willing to pay to get a deal done.

"We're prepared to move forward without a merger with Yahoo," Ballmer said. "We think the best way to move forward quickly (and gain critical mass against Google) is to come together with Yahoo."

"Hopefully that works. But if it doesn't, we go forward," he said. "Time is money. We made (that) clear in the last letter we sent."

In that letter, Ballmer set a Saturday deadline for Yahoo's board to accept a deal with Microsoft or face a lower bid that Microsoft would take directly to Yahoo's shareholders. Yahoo's board of directors has said Microsoft's offer undervalues the company.

Asked whether Microsoft could make a bid for Google, Ballmer said in part that he did not think Google would be interested and that such a bid would raise regulatory issues.


Previous
Next
Hacker Testifies News Corp Hired Him        All News        Apple Buying Chip Designer P.A. Semi
Hacker Testifies News Corp Hired Him     General Computing News      Apple Buying Chip Designer P.A. Semi

Get RSS feed Easy Print E-Mail this Message

Related News
Is Yahoo Readying New Messenger?
Microsoft, Yahoo Renew Search Deal
Microsoft Introduces Lumia 540 Dual SIM
Microsoft Lens Transforms Your iPhone To A Portable Scanner
Yahoo Autos Is Launching Today
Data Requests To Microsoft Decreased
Samsung to Bring Microsoft Services on More Devices
Microsoft Collaborates With Ford On Conected Cars
Microsoft Releases New Business Products
Yahoo Will Text You Your Password
Microsoft To Offer Cortana To Android, iOS
Microsoft Proposes New Power Backup Specification

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .