Tuesday, June 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
E FUN Introduces Affordable Flexx 2-in-1 Windows Tablets
Atmel Showcases System Solution for Wearables at Computex 2015
Sony Delivers New Entry-level Professional Camcorder, New 4K Laser Projection Options And Professional Laser and Lamp Projectors
GLOBALFOUNDRIES Provides Design Flows For 14nm FinFET Chips
COMPUTEX: Shuttle Unveils PCs with Broadwell Core i3, i5 and i7 Processors
Computex: New Dell Inspiron Laptops, 2-in-1 and Desktop Devices For Everyday Computing Needs
SSDs Hit Pricing Sweet Spot
Creative Introduces Draco HS880 Gaming Headset
Active Discussions
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
cdrw trouble
 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
Research Project Can Interpret, Caption Photos
Microsoft Cortana Coming To Apple and Android Phones
Microsoft, Salesforce Talks Stall On Pricing: report
Microsoft Project Reveals Method For Keeping Cloud Data Private
Microsoft May Bid For Salesforce
EU court Says Sky Sounds Like Skype
Microsoft Announces New Solutions For IT Professionals
Microsoft Uses Machine Learning To Guess Your Age
Microsoft Patent Describes Emotion Detecting Eyeglasses
Judge Rules in Favor of InterDigital in ITC Action Involving Nokia, Microsoft
Yahoo Releases New Video Series
Microsoft Cloud Business Drive Company's Profit, Revenue

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 .