Sunday, August 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alienware Brings Liquid Cooling and Dynamic Overclocking to Holiday Lineup
Razer Launches Wildcat Xbox One Controller And Upgraded Nabu Smartband
Workstation Market Shippments Rebound In Q2
Google Will Help You Find Your Plumber
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Huawei Honor Phones Coming To Europe
AMD Radeon R9 370X Graphics Card Launched In Asia
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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
Microsoft Sued InterDigital In Patent Feud
Yahoo Gets Fashionable With Acquisition Of Polyvore
Yahoo Introduces Livetext Messaging App
Microsoft Posts FY15 Q4 Loss
Microsoft Universal Foldable Keyboard Released
Yahoo To Enter The Daily Fantasy Sports Market
Microsoft to Cut Thousands Of Jobs, Write Down Nokia Phone Business
More Job Cuts For Microsoft
AOL To take Over Microsoft's Display Ads
Nadella Announces Company Shakeup
Microsoft at E3 2015
Surface Hub Available for Order in 24 markets

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 .