Saturday, April 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
China Approves Sale of Nokia's Business to Microsoft
Yahoo Set To Enter Into Original TV Programming: report
Microsoft Announces New Cloud Tools
Microsoft Previews .NET Native Platform For App Developers
Yahoo To Encrypt Internal Traffic, Services
Microsoft Says It Won't Search Users' Emails For Stolen Property
Microsoft and Dell Sign Patent Licensing Deal
Microsoft Opens Source Code for MS-DOS and Word For Windows to Public
Nokia, Microsoft Deal Delayed
Microsoft Searched Hotmail Messages To Track Leak
SQL Server 2014 Coming April 1st
Yahoo Search To Feature Yelp's Reviews

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .