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Bloomberg
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Apr 23, 08 2:48 PM CDT
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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.
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Reuters
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Apr 23, 08 12:10 PM CDT
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Microsoft is testing a new product that will allow users to link data across multiple electronic devices through the internet—so the picture you took on your phone can be in the digital picture frame in your home within minutes. It’s a big step for Microsoft, which until now has resisted the “cloud computing” movement, Reuters reports.
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San Jose Mercury News
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Apr 22, 08 4:09 PM CDT
(Newser) -
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.
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Wall Street Journal
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Apr 18, 08 3:10 PM CDT
(Newser) -
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.
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New York Times
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Apr 17, 08 11:07 AM CDT
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Medical researchers worry that Internet giants’ ventures into personal health records could turn the system on its head, threatening individual privacy, the New York Times reports. Two experts warn that companies like Microsoft and Google, whose new services put patient information on the web, aren’t subject to standard healthcare regulations, and could be easy targets for advertisers’ probes.
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New York Times
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Apr 14, 08 3:10 PM CDT
(Newser) -
Google and Salesforce.com have expanded their partnership in customer-management and office software, the New York Times reports, in an ongoing competition with Microsoft and its Office suite. Salesforce’s software will be further integrated with Google’s applications—a milestone in the search giant’s efforts to challenge Microsoft in business settings.
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Wall Street Journal
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Apr 11, 08 3:57 PM CDT
(Newser) -
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.
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Wall Street Journal
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Apr 11, 08 2:45 AM CDT
(Newser) -
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.
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New York Times
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Apr 10, 08 4:57 PM CDT
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Driving could get a little easier thanks to a new directions mapping service that helps users avoid traffic jams. Microsoft is launching the free system, called Clearflow, today. It predicts congestion patterns on both highways and side streets and will be available for 72 US cities on the company’s Live.com site, reports the New York Times .
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Wall Street Journal
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Apr 9, 08 10:34 PM CDT
(Newser) -
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.
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Wall Street Journal
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Apr 9, 08 11:28 AM CDT
(Newser) -
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.
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Wall Street Journal
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Apr 7, 08 8:12 AM CDT
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Yahoo execs fired back a response this morning to Microsoft CEO Steve Ballmer's weekend ultimatum giving the Yahoo board a deadline of 3 weeks to avoid a hostile takeover. CEO Jerry Yang and Chairman Roy Bostock reiterated that the Microsoft offer is still too low—it has declined in value as Microsoft stock has continued to skid—but said they're still open to a sweetened deal. They accused Ballmer of being the one who's failing to negotiate.
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Seattle Post-Intelligencer
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Apr 4, 08 5:15 PM CDT
(Newser) -
Microsoft is going to keep Windows XP on the market—but only for a few users and not for the sake of those unsatisfied with its successor, Vista. The company will stick to its June 30 deadline for withdrawing XP from stores but will supply the older operating system for at least two years on low-cost computers such as the Asus Eee PC and Intel Classmate, the Seattle Post-Intelligencer reports.
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Wall Street Journal
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Apr 4, 08 1:18 PM CDT