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Plus The Lingering Microsoft Yahoo Saga: related news
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TEL AVIV (MarketWatch) -- Yahoo Inc. said late on Saturday that it rejected a restructuring proposal from Microsoft Corp. and the investor Carl Icahn, and the Sunnyvale, Calif., Internet-services giant called on Microsoft to bid for the whole company. Yahoo said the Microsoft-Icahn plan, which it said would turn Yahoo's search business over to the Redmond, Wash., software giant and the rest over to the New York investor, was presented as a take-it-or-leave it proposition. "This odd and opportunistic alliance of Microsoft and Carl Icahn has anything but the interests of Yahoo's stockholders in mind," Yahoo Chairman Roy Bostock said in a statement. Yahoo said that while it rejected the restructuring, it offered two alternatives: "It repeated its offer to sell the entire company to Microsoft for at least" $33 a share, and it "offered to nego
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via MarketWatch @ 7:21 13th Jul
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Last night Yahoo rejected another offer for its search business from Microsoft and investor Carl Icahn. The proposal also included conditions that would have required the replacement of Yahoo's top management and board of directors. This is not the first time Icahn has pushed for such a measure. Quoting: "Yahoo said in rejecting the offer it told Microsoft it was willing to sell the entire company for at least $33 a share and its board believed such a deal could be negotiated and executed before its annual shareholders meeting on August 1. Yahoo said it also informed the software giant it remained willing to negotiate an 'improved search only transaction.' Microsoft, however, rejected both offers, Yahoo stated."
in Web Developer
via Slashdot @ 8:16 14th Jul
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While the Microsoft bid to buy Yahoo is long gone, its results seem to be lingering, as both Microsoft and Yahoo have lost search market share to Google since the failed merger was announced nearly 6 months ago. The Hitwise numbers--showing Google with 70.7% market share--just underscore how far both Microsoft and Yahoo (nevermind Cuil) need to go in order to break into Google's search lead. That 70.7% number could be a turning point.
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via NetworkWorld @ 9:52 13th Aug
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A proposed online search advertising deal between Yahoo and Google came under fire at a US senate hearing as Microsoft claimed that Yahoo CEO Jerry Yang had himself admitted that the agreement would hurt competition. Speaking before the senate's judiciary committee, Microsoft's general counsel Brad Smith recounted a June 8 meeting at the San Jose airport involving Microsoft chief executive Steve Ballmer, Yahoo CEO Jerry Yang and other company executives during which Yang allegedly said a Google-Yahoo deal would be anti-competitive.
in Search Engines
via Financial Express @ 5:43 17th Jul
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Yahoo has rejected yet another bid to buy its search operations, this time a combined, take-it-or-leave-it offer from Microsoft and activist investor Carl Icahn. The embattled Internet pioneer said the new bid contained no guarantees that it would be superior to the Google search ad deal signed in early June. And Yahoo repeated its willingness to sell the whole company to Microsoft for the software giant’s last offer of $33 a share, which Microsoft withdrew two months ago and said it doesn’t plan to revisit. (Full text of Yahoo’s statement after the jump.)
in Search Engines
via Business Week @ 19:23 13th Jul
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Yahoo, the Internet company fighting off advances from Microsoft, won a bigger share of U.S. Internet search queries last month, shrinking the gap with market leader Google. Yahoo had a 20.9 percent share in June, up from 20.6 percent in the previous month, according to Reston,Va.-based researcher ComScore. Mountain View-based Google's share dropped to 61.5 percent from 61.8 percent, while Microsoft took third place with 9.2 percent, compared with 8.5 percent in May. Overall, Americans conducted 11.5 billion searches on the Internet in June, a 7 percent increase from May, ComScore said. Both Redmond, Wash.-based Microsoft and Google released results Thursday that trailed analysts' estimates. Yahoo plans to report earnings Tuesday.
in Search Engines
via SiliconValley.com @ 11:13 19th Jul
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Yahoo late Saturday revealed that it has rejected a purportedly aggressive joint bid proposed by Microsoft and investor Carl Icahn. The deal would have seen both the Windows developer and Icahn buy Yahoo's search business and significantly restructure Yahoo to potentially improve its remaining businesses, including the replacement of the board of directors with Icahn's own slate and remove the "top management team" at the company, which most observers believe would include Yahoo chief Jerry Yang as well as others known to have opposed any of Microsoft's earlier offers for takeovers and partial buyouts.
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via MacNN @ 7:25 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft. The proposal was made on Friday evening and Yahoo! was given less than 24 hours to accept the proposal, the fundamental .....
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via Tutorial Finder @ 10:16 13th Jul
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Back in February, we pointed out that Google was playing with fire in suggesting that a Microsoft-Yahoo merger would violate antitrust laws. It seemed fairly obvious that those statements would come back to haunt Google -- a company many others have been accusing of antitrust violations. And, indeed, even with Microsoft still trying to buy Yahoo, Microsoft is now making nearly identical antitrust claims against Google concerning its ad deal with Yahoo. It's all legal posturing, of course, in an attempt to get the government to annoy a competitor. As Declan McCullagh points out at the link above, if either company really believes that the other was violating antitrust laws, it's perfectly free to file a private antitrust lawsuit. But, instead, both companies are playing a game in trying to get the government to be a pest for the other -- a
in Search Engines
via Techdirt @ 21:34 15th Jul
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In the Microsoft-Yahoo minuet, Yahoo investors, including Carl Icahn, have gotten most of the attention. What about Microsoft shareholders?
in Top Tech
via Business Week @ 0:57 23rd Jul
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Yahoo! Inc. announced that it will offer users the ability to opt-out of customized advertising on Yahoo.com. This new option expands Yahoo!'s existing opt-out program for customized advertising served by Yahoo! on third party networks. Yahoo! announced the new opt-out capability as part of its response to a Congressional inquiry about customization sent to 33 companies from the House Energy and Commerce Committee. This new opt-out capability is expected to be available for consumers by the end of August. Users will be able to access the opt-out in the Yahoo! privacy center, which is linked on the home page and nearly every page on the Yahoo! network.
in Data Privacy
via EContent Magazine @ 11:29 12th Aug
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The tango of the tech giants continues. This time, Microsoft CEO Steve Ballmer walked away from the table. But is he really done talking?
in Top Tech
via Business Week @ 5:55 3rd Jul
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WASHINGTON -(Dow Jones)- A Microsoft Corp. (MSFT) official testified Tuesday that Yahoo Inc. (YHOO) Chief Executive Jerry Yang told Microsoft that the software maker wouldn't be strong enough to compete in the online-advertising market if Yahoo entered into a search-advertising deal with Google Inc. (GOOG).
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via Lloyd's @ 21:23 15th Jul
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mjasay writes "Microsoft's most recent annual report suggests that the company is increasingly coming to grips with open source, yet also seems determined to perpetuate myths about open source that poorly serve it and its shareholders. Microsoft CEO Steve Ballmer has suggested before that 'free software means no free soda' for Microsoft employees; but this is perhaps the first time that Microsoft has managed to enshrine its ignorance in a public document. In the annual report, Microsoft makes two primary false claims about open source: 1) Open source companies don't invest in research and development and instead largely free-ride on Microsoft's patents and copyrights; and 2) Open source projects don't innovate and instead mimic Microsoft's products.
in Web Developer
via Slashdot @ 8:13 4th Aug
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WASHINGTON -(Dow Jones)- A Microsoft Corp. (MSFT) official testified Tuesday that Yahoo Inc. (YHOO) boasted Microsoft wouldn't be strong enough to compete with a combined Google Inc. (GOOG) and Yahoo in the online advertising market.
in Search Engines
via Lloyd's @ 21:24 15th Jul
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A week ago, we discussed Microsoft's contribution to the Apache Foundation. Now, Bruce Perens has written an analysis "exploring the new relationship of Microsoft and the Apache project, how it works as an anti-Linux move on Microsoft's part, and what some of the Open Sourcers are going to do about having Microsoft as a rather untrustworthy partner." In particular, he notes: "...Microsoft can still influence how things go from here on. If they have to live with open source, the Apache project is Microsoft's preferred direction. Apache doesn't use the dreaded GPL and its enforced sharing of source-code. Instead, the Apache license is practically a no-strings gift, with a weak provision against patent lawsuits as its most relevant term. Microsoft can take Apache software and embrace and enhance, providing their own versions of the project's
in Web Developer
via Slashdot @ 23:59 1st Aug
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The ladies and (especially) gentlemen of Microsoft, Yahoo! and Google trooped into the US Congress to inform US politicians about how good and how bad and how anti-competitive the Yahoo!-Google advert deal is; Yahoo! got things off with a joke by their lawyer Michael Callahan that was pretty funny but disrespectful: ''With all due respect to Google, we have every expectation of fighting them and winning;'' Brad Smith, Microsoft solicitor, explained to the congresspeople that if search is the key to the Internet, as ''many'' believe, then ''this deal will put Google in a position to own that gateway and the information that flows through it''; so it's probably fair to say that when Microsoft takes over Yahoo!, this deal will follow the dodo and other extinct species.
in Blog Watch
via Bangkok Post @ 21:23 29th Jul
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Yahoo! Inc., has confirmed that it has rejected a joint proposal from Microsoft Corp. and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
in Search Engines
via Midrange Computing @ 3:05 15th Jul
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Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
in Search Engines
via Red Orbit @ 10:15 13th Jul
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Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!’s search business by Microsoft.
in Search Engines
via TechWhack @ 10:15 13th Jul
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Yahoo's management on Saturday rejected an offer from Microsoft and investor Carl Icahn to buy Yahoo's Internet search ad business. The offer was initiated on Friday and Yahoo was given just 24 hours to make a decision, according to a press release issued by Yahoo.
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via Redmond Channel Partner @ 5:43 17th Jul
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Yahoo's management on Saturday rejected an offer from Microsoft and investor Carl Icahn to buy Yahoo's Internet search ad business. The offer was initiated on Friday and Yahoo was given just 24 hours to make a decision, according to a press release issued by Yahoo.
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via ENT News @ 9:43 15th Jul
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Yahoo rejected another offer for acquisition of its search business. This time it was a joint proposal from Microsoft Corporation and investor Carl Icahn to acquire Yahoo’s search business in return for cash, a partial stock buyout and revenue guarantees. There was also an addition requirement for the complete replacement of the Yahoo board and executive management team. Yahoo was urged to respond within 24 hours and it was made clear that negotiations were not acceptable.
in Search Engines
via Promotion World @ 21:34 14th Jul
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Microsoft Corp.'s proposal Friday to purchase Yahoo Inc.'s search business was actually the idea of Yahoo Chairman Roy Bostock, and Yahoo has publicly "mischaracterized" the discussion surrounding the proposal, Microsoft said Monday.
in Search Engines
via Computerworld @ 21:42 14th Jul
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Redmond (WA) - Microsoft today added another episode to the Yahoo-Google-Microsoft-Icahn soap opera. Microsoft’s general counsel Brad Smith today told Congress members today that the a combination of Google and Yahoo will create less choice, less innovation and higher prices for online advertisers, content creators and consumers.
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via Tom's Hardware UK @ 14:43 16th Jul
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