Microsoft says willing to restart Yahoo talks
Microsoft Corp said on Monday it would be willing to reopen talks to buy all or part of Yahoo Inc, but only if a new Yahoo board is elected — a big boost for financier Carl Icahn’s board slate.Microsoft, which broke off months-long talks in early May to buy the Internet company for $47.5 billion, [...]
Any Yahoo-AOL deal unlikely before Aug 1: source
Any deal between Yahoo Inc and Time Warner Inc’s AOL division would be unlikely to be struck before Yahoo’s annual meeting on August 1, a person familiar with the negotiations said on Monday.Yahoo and AOL have been talking about merging their Internet operations for a few months, but the talks now factor in the expected [...]
Shareholders seek prompt trial in Yahoo lawsuit
Shareholders suing Yahoo Inc’s board of directors are seeking a trial before the company’s August 1 annual meeting to challenge an employee severance plan they contend is an obstacle to a merger with Microsoft Corp.Lawyers representing two Detroit pension funds suing the Internet company over its rebuff of a $47.5 billion buyout offer from software [...]
Yahoo CEO open to more Microsoft talks
Yahoo Inc chief Jerry Yang signaled a more open stance towards Microsoft Corp on Monday, saying he had been seeking common ground when the software maker abruptly ended deal talks.Yang told Reuters in an interview that he had “mixed feelings” about the weekend outcome, after investors showed their disappointment over the break-up of negotiations by [...]
Google starts letting users edit documents offline
Google Inc said on Monday it is taking the next step to make its Web-based software useful in the real world of spotty Internet access by allowing users to edit word processing documents offline.The world’s top Internet company said it will begin over the next several weeks to allow users of its Google Docs word [...]
Microsoft bids $44.6 billion to buy Yahoo
Microsoft Corp offered to buy Yahoo Inc for $44.6 billion, in a bold bid to transform two ailing Internet businesses into a worthy competitor for market leader Google Inc.In what would be the biggest Internet deal since the ill-fated Time Warner-AOL merger, Microsoft Chief Executive Steve Ballmer sent a letter to Yahoo’s board on Thursday [...]
Top Google execs pledged to stay 20 years: report
Google Inc’s top three executives had pledged to work together for 20 years in a pact they made shortly before the company’s initial public offering in August 2004, Fortune magazine has reported.Co-founders Larry Page and Sergey Brin, together with Chief Executive Eric Schmidt say in a joint interview for Fortune’s February 4th issue that the [...]