A hack of dating website Adult Friend Finder has exposed reportedly exposed personal data of about 4 million users.» Read More
For now, it seems Microsoft CEO Steve Ballmer has kept his passionate side in check in choosing to walk away from ahostile Yahoo offer.
A flurry of last-minute talks between the heads of the companies preceded Microsoft's decision to end its bid for Yahoo.
A chronology of events leading to Microsoft's decision to abandon its offer for Web search and advertising competitor Yahoo:
"We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo! and the market as a whole," said Microsoft CEO Steve Ballmer.
The following is the letter sent by Microsoft CEO Steve Ballmer to Yahoo CEO Jerry Yang
Microsoft, hoping to salvage a takeover of Yahoo, has reluctantly agreed to boost its offer to about $33 a share in cash and stock from $31, though Yahoo is holding out for $37, sources have told CNBC.
Google unveils eclectic mix of designs by prominent artists
Microsoft Chief Executive Steve Ballmer said on Thursday that walking away from a deal with Yahoo remained one of "three big options" the company is weighing and to expect an announcement shortly.
Sure, Yahoo can do an ad deal with Google, but it still doesn't eclipse the offer from Microsoft.
A reprieve of sorts for Yahoo! today with widespread reports that an apparent decision on Microsoft's next step in its unsolicited bid for the online leader was supposed to come at 4 pm EDT.
In a wide-ranging interview, Google CEO Eric Schmidt discusses Google's growth, the US slowdown, the possibility of a Microsoft acquisition of Yahoo!, online advertising growth rates, and Google's stock.
Time Warner plans to split off its cable services division to lift its sluggish stock price as it also reported quarterly earnings Wednesday that fell just short of Wall Street's expectations.
Shares of Yahoo recovered from a Tuesday morning drop as investors speculated that Microsoft will launch a proxy fight for the Web search and advertising giant on Wednesday, CNBC has learned.
If you're an art lover and are looking for an alternative to stocks or real estate, investing in art might be the way to go. But where do you find all the investing information you need? A new Web site called MutualArt.com can help. Moti Shniberg, CEO of Mutual Art explains.
IBM said Tuesday it raised its quarterly cash dividend by 25 percent to 50 cents per share, lifting its payout to shareholders for the 13th year in a row.
Steve Ballmer has plenty of options of what to do next in his brewing battle for Yahoo, but experts and sources within the company are telling me he'll go hostile. At least until Yahoo spacer comes to its senses and comes to the table with a realistic counter.
Old television shows - even some long out of syndication - are finding new audiences on the Web.
Hours away now from the Microsoft imposed deadline for Yahoo to negotiate or die. Too dramatic? Not really when you're talking about $40 billion hanging in the balance as well as the future dominance of all things digital.
Baidu.com, China's top search engine, posted better-than-expected quarterly profits on Thursday, buoyed by strong traffic growth and online advertising revenue ahead of the Beijing Olympics, sending shares up 3 percent.
Microsoft follows Apple's lead -- when have you heard that before? -- reporting a good, but not good enough, quarter. And investors are taking profits off the table. Microsoft did beat Street expectations on the bottom line. ... So where was the weakness? That's the issue...