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July 25, 2008 8:46:14 AM CDT



Microsoft Wants Yahoo track this thread

Started by H Needles; Last updated Feb 27, 08 6:56 PM CST by D Lim | View history

Microsoft Wants Yahoo

"Long-term, a Microsoft-Yahoo! combination could pose a greater competitive risk to Google. But, near-term, we'd be skeptical that search users' overwhelming preference for Google would change." -Mark S. Mahaney

Look out Google: Microsoft is keen to compete, with its offer to buy Yahoo for $44.6 billion in cash and stock. The deal was shot down, but Microsoft has made it clear that it will stop at nothing to take over the company. Such a move could redraw the landscape in Internet consumer services, where Microsoft and Yahoo have long stayed in Google's shadow.

Stories

Stories 61 - 80 of 140

  • May 2008
    • Microsoft Boosts Offer, Launches Talks With Yahoo

      Microsoft Boosts Offer, Launches Talks With Yahoo

      Microsoft and Yahoo are holding active merger talks, with Microsoft willing to increase its offer “by several dollars,” sources tell the New York Times . The negotiations come as a major breakthrough after months of stalemate; Yahoo shareholders have been fielding calls from both sides seeking to arrive at an acceptable price. Shareholders had sought  $35-$37 a share; Microsoft is said to be willing to go as high as $33. More »

    • Microsoft Edges Toward Hostile Bid

      Microsoft Edges Toward Hostile Bid

      Microsoft appears to be edging closer to a hostile bid for Yahoo, the Wall Street Journal reports; an announcement of the company's next move is expected today. Price will be a key factor: CEO Steve Ballmer told employees yesterday he won't pay a "dime above" what he thinks Yahoo is worth. Yahoo shareholders are looking for $35 to $37 a share; Ballmer's original offer was worth $29.48 a share at the close yesterday. More »

    • Microsoft Still Pondering Yahoo Options

      Microsoft Still Pondering Yahoo Options

      Microsoft's board met yesterday to discuss the next move in its bid for Yahoo but didn't make a decision, the Wall Street Journal reports. Directors have given CEO Steve Ballmer broad leeway to decide between going hostile or walking away from the bid, and insiders say it could still go either way. An announcement is expected later this week. More »

  • April 2008
    • Ballmer May Seek Middle Path on Yahoo

      Ballmer May Seek Middle Path on Yahoo

      Steve Ballmer's next move on Yahoo is expected momentarily, and one option is to nominate a proxy slate for the board of directors, the Wall Street Journal reports, but hold off on making a new hostile bid for the company. Microsoft could buy time for setting a new price for Yahoo, which rejected the company's $42-billion bid, but keep the option of a hostile campaign later. More »

    • Microsoft's Price Wasn't Right: Yahoo Offer Expires

      Microsoft's Price Wasn't Right: Yahoo Offer Expires

      Microsoft may get nasty now that its deadline for a friendly Yahoo purchase expired yesterday. Talks died quietly after Microsoft refused to up its offer from $29.68 a share on Friday; Yahoo execs wanted $35. Microsoft could now press Yahoo, tack back the offer, or deal directly with Yahoo shareholders, the Wall Street Journal reports. More »

    • Slumping Microsoft Needs Yahoo

      Slumping Microsoft Needs Yahoo

      Microsoft's first quarter saw flat sales and dipping profits, all the more reason to make nice with Yahoo, Aaron Ricadela writes in BusinessWeek. Steve Ballmer has said he is ready to walk away from the attempted takeover, but with most of Microsoft's revenue coming from smaller divisions and overseas interests, his company sorely needs a big shot in the arm. More »

    • Microsoft Profit Dips 11%

      Microsoft Profit Dips 11%

      Microsoft's profits fell 11% in the third quarter amid concern that corporate clients are cutting back during the economic downturn, Bloomberg reports. The software giant reported net income of $4.39 billion, or 47 cents a share, down from $4.93 billion a year ago. The company's revenue remained flat at $14.5 billion, in line with estimates but disappointing investors, Bloomberg notes. Shares fell 4.5%. More »

    • Ballmer to Yahoo: That's Our Final Offer

      Ballmer to Yahoo: That's Our Final Offer

      Microsoft won't raise its $44.6 billion takeover bid for Yahoo despite the Internet firm's strong first-quarter earnings, Bloomberg reports. "We are prepared to go forward without a merger," said CEO Steve Ballmer, who has threatened a proxy shareholder revolt to push the deal through, possibly at a lower price, if Yahoo didn’t agree to the original bid by Saturday. More »

    • In Q1, Yahoo Beats Estimates

      In Q1, Yahoo Beats Estimates

      Yahoo posted an increase in net income and reported sales that beat estimates in the first quarter, the company reported today. The jump in profit to $542.2 million translates to 37 cents per share, up from 10 cents a share a year ago—a number reflecting a onetime $401 million gain related to the Alibaba deal, the San Jose Mercury News reports. More »

    • Ad Networks Gain in Race for Clicks Online

      Ad Networks Gain in Race for Clicks Online

      Once, advertisers bought web ads the way they bought TV spots: by buying space on popular sites to increase brand visibility. Now the mentality has changed, the New York Times reports: Buyers want targeted buys that produce lots of clicks for their buck. Increasingly, that means they’re turning away from pricey portals like Yahoo to specialized ad networks. More »

    • Yahoo Hopes Q1 Report Will Boost Microsoft Bid

      Yahoo Hopes Q1 Report Will Boost Microsoft Bid

      All eyes will be on Yahoo's first-quarter earnings report tomorrow; the company hopes to use solid results to pressure Microsoft into sweetening its takeover bid, the Wall Street Journal reports. The report comes just 2 days before Microsoft's own and 4 days before the deadline the latter set for a deal to avoid a hostile takeover. Yahoo is expected to meet modest projections for first-quarter growth. More »

    • Microsoft Weighs Subscription Model for Office

      Microsoft Weighs Subscription Model for Office

      Microsoft is considering introducing a subscription-based business model for its Office suite of applications in the US, the Wall Street Journal reports. The firm said it was launching a beta testing program, “Albany,” and expected to make the subscription generally available by the end of 2008. Microsoft’s Office is facing some competition from Google and Yahoo, who offer free web software that performs similar functions. More »

    • Rosy Q1 for Google

      Rosy Q1 for Google

      Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant the bump it needed to exceed expectations. More »

    • Yahoo, Google Close in on Search Ad Deal

      Yahoo, Google Close in on Search Ad Deal

      A deal that would have Google operate Yahoo’s core search ad business may be closer now that the two have successfully tested the system, reports the Wall Street Journal. An agreement would increase Yahoo’s cash flow by as much as $1 billion annually, and give it additional leverage to fight a hostile Microsoft takeover bid—or at least boost its sale price. More »

    • Yahoo Merger Could Level Online Ad Market

      Yahoo Merger Could Level Online Ad Market

      Winds of a Yahoo-Microsoft merger have sparked a “nuclear war” in the online-advertising world—and the Google-dominated market could soon see major changes, the Wall Street Journal reports. “Nothing short of a new world order in this space is up for grabs,” says an expert. As Yahoo and Microsoft mull joining forces with each other (or perhaps other partners), consolidation could create healthy competition. More »

    • Google Taps Quattrone for Yahoo Advice

      Google Taps Quattrone for Yahoo Advice

      Google has hired controversial former dot-com banker Frank Quattrone to advise the company on its increasingly complicated role in Yahoo’s takeover drama, the New York Times reports. It’s Quattrone’s first high-visibility gig since his obstruction-of-justice conviction was overturned last year. Google CEO Eric Schmidt is a longtime associate of Quattrone’s. More »

    • Yahoo Board Meets as Buyout Options Grow

      Yahoo Board Meets as Buyout Options Grow

      Yahoo's board meets today to examine the options for avoiding a hostile takeover by Microsoft, the Wall Street Journal reports. Experts think a Microsoft grab is still the most likely scenario, but the situation has grown increasingly complicated in the midst of discussions of an AOL-Yahoo merger, Yahoo's proposed trial of Google ads, and rumors of News Corp. joining Microsoft's side. More »

    • Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

      Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

      Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its bid to acquire Yahoo.  More »

    • Yahoo to Test Google Ads

      Yahoo to Test Google Ads

      Yahoo will try carrying ads from Google as it seeks to ward off a takeover by Microsoft—or at least get an improved offer, the Wall Street Journal reports. The test will run two weeks, and only 3% of Yahoo search results will come up with Google ads. Google, in a statement, said the test doesn't preface any longer-term cooperation. More »

    • Yahoo Investor Calls Microsoft Threat a Blunder

      Yahoo Investor Calls Microsoft Threat a Blunder

      Yahoo received a tepid endorsement from its second-largest shareholder yesterday as its takeover battle with suitor Microsoft continued to heat up, the Wall Street Journa l reports. Legg Mason, which holds a 7% stake in Yahoo, said it would back an independent Yahoo before it would sell its stake at a reduced price—and Microsoft's CEO "blundered" by threatening to go that route. More »

Stories 61 - 80 of 140

A Google sign inside Google headquarters in Mountain View, Calif. is seen in this May 30, 2007 file photo.   (Associated Press)
A visitor passes an exhibition stand of Google company in Duesseldorf, western Germany, in this Sept. 25, 2007 file photo.   (Associated Press)
Yahoo's core value continues to slide as it struggles to redefine itself.   (Getty Images)
This set of flagpoles sits at one of the entrances to Microsoft Corporation in Redmond, Wash., Monday, Oct.19, 1998. Microsoft Corp. offered Friday Feb. 1, 2008 to buy search engine operator Yahoo Inc....   (Associated Press)
Bill Gates, Chairman of Microsoft Corporation, reacts as he addresses a conference at the World Economic Forum in Davos, Switzerland, Thursday Jan. 24, 2008. (AP Photo/Peter Dejong)   (Associated Press)
The Yahoo headquarters in Sunnyvale, Calif. is seen Tuesday, Jan. 22, 2008. Microsoft Corp. offered Friday Feb. 1, 2008 to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in...   (Associated Press)
The Times Square news ticker flashes headlines above an advertisement for Yahoo on Tuesday, Jan. 22, 2008 in New York. (AP Photo/Mark Lennihan)   (Associated Press)
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Background

google
The Oxford Pocket Dictionary of Current English

goo·gle / ˈgoōgəl / (also Goo·gle ) • v. inf. [ intr. ] use an Internet search engine, particularly Google.com: she spent the afternoon googling ...

» Read more about google at Encyclopedia.com

Microsoft Corp.
Britannica Concise Encyclopedia

U.S. computer firm, the leading developer of personal-computer software systems and applications. Microsoft, headquartered in Redmond, Wash., also publishes books and multimedia titles and manufactures hardware. It was founded in 1975 by Bill Gates and Paul G. Allen (b. 1954), who adapted BASIC ...

» Read more about Microsoft Corp. at Encyclopedia.com

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