Microsoft backs off from Yahoo hostile takeover

After a turning battle of withdrawal Microsoft has backed off of the hostile takeover that they planned for Yahoo. Siting that it would not be in the best interest for them at this time. They had increased their bid for Yahoo to be $41.5 billion, or $37 per share. What seems to the be issue [...]

What’s up with Microsoft and Yahoo!

Today again we face a major internet player trying to takeover Yahoo. This has been going on for quite some time now. Google and now Microsoft. CEO  Steve Ballmer, left, told employees in a company assembly Thursday (5-10-08)  that he knows how much he’d spend to buy Yahoo and accelerate his company’s Internet play. Meanwhile, [...]