Microsoft’s CEO, Steve Ballmer, has announced that there is no way that he is paying anything more than he has offered for Yahoo! Speaking in Milan, Ballmer said that $44 billion for a search engine with Yahoo’s mileage was more than enough. He knew what Yahoo was worth and he would not pay a cent [...]
Microsoft's tag archive
Microsoft keeps spending and acquiring
Microsoft continues to acquire start-ups. Less than a week after purchasing Farecast for a rumored $115 million, the software giant is back with yet another proposed acquisition. This time it’s Xobni, a site that offers an email sorting plugin and has been praised by Bill Gates himself. Microsoft has already signed a letter of intent [...]
2,000 Microsoft fans convince Steve Ballmer no one uses Yahoo search
Speaking to a crowd of nearly 2,000 at a technology conference in Seattle yesterday, Microsoft CEO Steve Ballmer asked how many in the audience used Yahoo search as their number 1 search engine. “Only a handful of hands went up,” reports Reuters. Fewer, in fact than went up when he asked who used Microsoft Windows [...]
Time running short for Yahoo as Microsoft deadline approaches
Yahoo Inc faces a critical week that could decide whether the pioneering web company can remain independent or must surrender to an unsolicited takeover by Microsoft Corp. When it reports first-quarter results on Tuesday, Yahoo has perhaps a last chance to demonstrate some financial strength and progress it has made in stabilizing the company’s Internet [...]
Microsoft confirms testing of ‘Albany’ low-cost Office suite
Microsoft confirmed on Friday it is planning to release a subscription-based “value box” of low-end productivity software code-named Albany, and has sent an early version of the product to thousands of beta participants for private testing. News surfaced last month that Microsoft was planning the suite to compete with Google Docs and other free or [...]
Microsoft snaps up Seattle’s Farecast
It was revealed yesterday that Microsoft was the unidentified purchaser of travel search startup Farecast earlier this week. The price paid is understood to be somewhere between $75 million and $115 million. Microsoft is already using some of Farecast’s technology on its MSN travel site and further plans to use it in “new and interesting [...]
Microsoft makes Mundie responsible for Unlimited Potential
IDG News Service reports that Microsoft has moved its Unlimited Potential Group (UPG) to Chief Research and Strategy Officer Craig Mundie’s organization and has confirmed leadership changes to the group, which oversees Microsoft’s efforts to provide technology and education in developing countries. As part of those changes, the existing UPG co-leader, Will Poole, will leave [...]
Yahoo, Weighing Options, Keeps Them Open
Yahoo’s board met Friday to evaluate Microsoft’s takeover bid and other alternatives but did not make a formal decision on which option to pursue, according to a New York Times article. Yahoo’s board authorized the company’s management team to continue meeting with Microsoft and with Time Warner, and meetings with both are expected to be [...]
Google and Salesforce Join forces to Fight Microsoft
Google and Salesforce will officially announce today that they are expanding a 10-month-old collaboration in an effort to accelerate their sales of customer management and office software to businesses. This means the full assimilation of Google Apps (Docs, Calendar, Gmail, and Gtalk) and Salesforce’s online enterprise applicationss. Google Apps will get exposure to Salesforce’s one [...]
Gordon Crawford increases stake in Yahoo to $6 billion
At Capital Research & Management, an investment management firm and longtime Yahoo shareholder, stockbroker Gordon Crawford has raised Capital’s stake in the company to more than 16 percent, from $4 billion to $6 billion at current prices, over the past three months. The stock’s chart strongly suggests that his buy came after Microsoft’s bid sent [...]
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