Microsoft

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Microsoft Edges Toward Hostile Bid
Microsoft
Edges Toward
Hostile Bid

Microsoft Edges Toward Hostile Bid

Ballmer, still on fence last night, expected to move on Yahoo today

(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...

Microsoft Still Pondering Yahoo Options

Decision to go hostile, raise bid, or walk away up to CEO Ballmer

(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...

Ballmer May Seek Middle Path on Yahoo
Ballmer May Seek Middle Path on Yahoo
ANALYSIS

Ballmer May Seek Middle Path on Yahoo

Microsoft could nominate proxy slate, wait on hostile offer

(Newser) - 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...

Startup Flops Leave Little Trace Beyond For-Sale Sign

Execs, pursuing new capital, quick to wipe failures off resumes

(Newser) - A failed start-up doesn't spell purgatory for entrepreneurs with the right connections, the Boston Globe reports. Take Mort Rosenthal, who struck gold in the 1980s as a software entrepreneur, only to launch two flops—one in alternative medicine, the other in cell-phone retail—with millions in lost venture capital. Now...

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

Talks quietly die after Yahoo demands $35 a share

(Newser) - 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...

AmEx Leads Dow Rally
 AmEx Leads Dow Rally 
MARKETS

AmEx Leads Dow Rally

Oil jumps on worries about supplies in UK, Nigeria

(Newser) - Stocks were mixed today as financials rallied but Microsoft dragged down the tech sector.  Nevertheless, all three major indexes recorded back-to-back weekly gains for the first time since February, Bloomberg reports. The Dow closed up 42.91 at 12,891.86, the Nasdaq dipped 5.99 to 2,422....

Slumping Microsoft Needs Yahoo
 Slumping 
 Microsoft 
 Needs Yahoo 
OPINION

Slumping Microsoft Needs Yahoo

Slow quarter spurs push for acquisitions

(Newser) - 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,...

Microsoft Profit Dips 11%
 Microsoft Profit Dips 11% 
earnings report

Microsoft Profit Dips 11%

Revenue of $14.5 billion virtually unchanged from last year

(Newser) - 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...

Ballmer to Yahoo: That's Our Final Offer

CEO not impressed by Yahoo's Q1 profits

(Newser) - 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...

Microsoft Syncs Phone, PC Data with 'Live Mesh'

The house Gates built joins cloud computing trend

(Newser) - 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...

In Q1, Yahoo Beats Estimates
 In Q1, Yahoo Beats Estimates 
earnings report

In Q1, Yahoo Beats Estimates

Positive numbers may translate into leverage against Microsoft

(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...

Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Yahoo Hopes Q1 Report Will Boost Microsoft Bid
Earnings Preview

Yahoo Hopes Q1 Report Will Boost Microsoft Bid

Data out tomorrow expected to be in line with analysts' expectations

(Newser) - 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...

Microsoft Weighs Subscription Model for Office

Firm's core apps face Google competition

(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...

Web Health Records Raise Privacy Fears

Top docs say Internet health ventures could bring 'seismic change'

(Newser) - 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...

Yahoo, Google Close in on Search Ad Deal

A successful system test puts Yahoo in the catbird seat with Microsoft

(Newser) - 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...

Among New Browsers, Firefox Bests Safari and IE

Safari isn't good enough vs. spyware and IE is still in development

(Newser) - Mozilla, Apple, and Microsoft are in the final stages of developing new versions of their Web browsers, and Firefox 3 is the winner over spyware-susceptible Safari 3.1 and work-in-progress IE 8. The new Mozilla product has outstanding memory management and speed, boasts great groundbreaking bookmark features, and is impressively...

Tech Biz Workers Back Barack
 Tech Biz Workers Back Barack 
ANALYSIS

Tech Biz Workers Back Barack

Young, liberal workers at Google and Yahoo like him

(Newser) - Google and Yahoo workers who have donated to presidential campaigns support Barack Obama, the Seattle Post-Intelligencer reports, donating significantly more to him than any other candidate. Obama does well with the tech industry as a whole, though his edge is less pronounced at older companies like Microsoft and Apple. Obama...

Google Ups Ante in Office Software Fight Vs. Microsoft

Expansion of partnership with Salesforce puts Softy on defensive

(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...

Yahoo Merger Could Level Online Ad Market

But Google team-up would shrink advertisers' options

(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...

Google Taps Quattrone for Yahoo Advice

It's his first high-profile post since legal troubles last year

(Newser) - 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...

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