Bad Boy Ballmer

(Newser) - Steve Ballmer quashed the rumor that Microsoft would make another offer to buy Yahoo now that Jerry Yang has quit as CEO, CNET reports. “We are done with all acquisition discussions with Yahoo,” the chief executive said today. “We did our best; we’ve moved on.” More »

(Newser) - So what's the deal with Microsoft ads? The company has enlisted Jerry Seinfeld to spearhead a new $300-million campaign, the Wall Street Journa l reports, to try to shake the negative buzz about Vista, and the nerdy, feckless image projected by John Hodgeman in Apple's popular "Mac vs PC" ads. The campaign, to start next month, will net the funnyman $10 million. More »

(Newser) - You have to forgive Microsoft if it indulges in some schadenfreude today, writes Brier Dudley of the Seattle Times. Archrival Google is facing a peril that’s all too familiar in Redmond. Steve Ballmer can sit back tomorrow as Google’s top execs go before the Senate subcommittee on antitrust, secure in the knowledge that he helped put them there. More »

(Newser) - Microsoft and CEO Steve Ballmer are facing a scary, new post-Bill-Gates world, Therese Poletti writes on MarketWatch. On a panel at the All Things Digital conference earlier this week, Ballmer and Gates fielded questions about Microsoft’s failed Yahoo bid and unpopular Vista operating system. “Ballmer and indeed Microsoft face many challenges on the road ahead,” comments Poletti. More »

(Newser) - Bill Gates and Carl Icahn may be college dropouts (Harvard and NYU, respectively), but most billionaires carry a sheepskin diploma with them. These top-tier universities have educated the most billionaires: Harvard: with 50, including Steve Ballmer, Michael Bloomberg, and Sumner Redstone. Stanford: was founded by a billionaire and counts 30 among alumni, including  Nike founder Phil Knight and Google's Sergey Brin and Larry Page. University of Pennsylvania: 27, mostly products of its prestigious Wharton School. Alums include The Donald and SAC Capital founder Steven Cohen. Yale: 19,  including Sears chair Eddie Lampert and private equity guru Stephen Schwarzman. Columbia: holds 15, most notably some guy named Warren Buffet. More »

(Newser) - Microsoft's Yahoo bid put CEO Steve Ballmer to the test: How much would he pay to fulfill his promise to "(expletive) kill Google"? Forty-seven billion bucks was too high, but many say he'll try again—and may have a tough time convincing investors it's all cool calculation. Microsoft still lags behind Google in search advertising, and that makes Ballmer steam, the AP reports. More »

(Newser) - Microsoft withdrew its latest offer to buy Yahoo today after the companies' chief execs haggled over price at a Seattle meeting, the New York Times reports. Microsoft CEO Steven Ballmer offered $33 per share, but Yahoo's Jerry Yang wanted $4 per share more in the blockbuster deal. More »

(Newser) - 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 »

(Newser) - 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 »

(Newser)</