The New York Times is reporting that Microsoft did offer $33 a share as I had previously mentioned. However, Yahoo! rebuffed the offer and counted that nothing less than $37 would be considered. As could be expected this led to an increase in MS shares while Yahoo! is sure to turn south.
Microsoft said it was abandoning its blockbuster bid to acquire Yahoo after the two companies could not agree on a price.
All things considered Yahoo! has finally awoken as a result of the battle. Once again they are sure to be taken seriously when planning long term use of technologies offered. Whether Flickr, MyBlogLog or UpComing developers can breath a sigh of relief. There had been secret whispers of the death of all things Yahoo! if the Microsoft Corp. took over.
Posted in
General Business at May 3rd, 2008.
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Microsoft is reported to be considering an all cash offer for Yahoo!! So if I understand this right Yahoo! haad been testing strategies to boost their stock price. Either to bump the price Microborg would pay or keep them at bay. With the 100% cash strategy Microsoft locks the price at 31′ish a share. Too bad Yahoo! does make a browser then everyone would be happy.
Posted in
Daily Digest at March 6th, 2008.
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Mr. Drummond asks whether we can expect Microsoft Internet behavior to mirror their “inappropriate and illegal” influence on PCs.
Posted in
Business/Economy at February 4th, 2008.
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For over 10 years Microsoft has unsuccessfully competed with Google on the search front. Practically everything they touch online turns to dust. Yahoo! uses opensource throughout some of their webapps so can we expect this to continue after the merger? How about the login process for Flickr? Only recently folks have completely switched to needing a Yahoo! login to access their accounts in Flickr. Could we expect Microsoft to have everyone switch to a passport account?
Steve Ballhammer kept butting in with his “Live is our future” comments during the conference call which says to me that he seeing everything moving bruteforce under one umbrella to that platform. One giant clump of Microsoft online deadspace.
Posted in
Daily Digest at February 2nd, 2008.
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