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Microsoft on Saturday gave Yahoo a deadline of three weeks to make a decision on its "generous offer," valued at $44.6 billion, or else it will launch a proxy fight.
Microsoft is re-evaluating its $31-a-share offer for Yahoo in light of worsening market conditions, a person familiar with the situation told CNBC on Friday.
Microsoft is evaluating its offer for Yahoo in light of worsening market conditions, a person familiar with the matter said on Friday.
Amid the news that Microsoft spacer won't raise its bid, and therefore Yahoo spacer won't discuss a deal, there's word now that Microsoft may walk from the deal all together. Hmmmm, can you say saber rattling? The suggestion of a Microsoft walk-away made headlines...
What is the problem? I mean, seriously. Yahoo! has been sitting on a $42 billion unsolicited offer on the table from Microsoft for two months, and other than a bunch of caterwauling since, Yahoo hasn't done much one way or the other.
Apple's iTunes online music store has surpassed Wal-Mart Stores to become the largest music retailer in the United States, the company said on Thursday, citing industry data.
Some of us knew it was going to happen; it was just a matter of when. Over the last few Apple events, it seemed as if Steve Jobs would always throw a graphic up on the big screen behind him to show the progress iTunes had been making against the traditional music retailers. Today, Apple finally lays claim to the industry's top spot: No. 1 music retailer -- surpassing Wal-Mart.
Is Dell running the risk of becoming the Yahoo! of the PC sector? Seems that way. The company has been spiraling, locked in fits and starts of recovery and morass for the better part of four years, and now there's word that already aggressive cuts and reorganization scenarios apparently weren't aggressive enough.
Dell plans to cut more jobs than the 8,800 it earlier targeted and has already eliminated 5,500 positions, Chief Executive Michael Dell said Thursday.
Here we go again: rumors swirling of iPhone shortages, supply constraints, manufacturing issues, and other sky-is-falling doomsday scenarios swirling around Apple and the product that should guide revenue and growth for the next generation.
Today could be a watershed day for Research in Motion after a raucous quarter that saw shares dip into the low $80s before launching their recent recovery over the past week or so. And that's the quirkiness comes in: never during the quarter was there an indication that fundamentals hit any snags, and yet shares suffered a precipitous decline.
Australia's government has cancelled a A$958 million funding agreement to build a new broadband network in rural areas, joint venture partners Singapore Telecommunications and Futuris said.
Readers weigh in on Northrop Grumman, a Jaguar "flame" and... what's a TEFC?? ... Mark M. (who has a Northrop email address), responded to my blog on Northrop Grumman's analyst call. I pointed out the timeline of funding over the next few years will reach $10 billion, saying "That's a lot of money." He disagrees...
We've spent a lot of time at CTIA talking about Research in Motion, Apple, Nokia and other major players from the wireless world. But it was the surprising comments from Microsoft's spacer entertainment and devices division president during my interview with him that began to drive Microsoft's shares.
If you ever find yourself concerned about which investment advice to follow, or wish you could tap the collective wisdom of lots of smart investors, well, now you can. Michael Reich, CEO of UpDown.com explains.
The news, such that it was, seemed intriguing: a blog reported that Research in Motion announced plans this morning at the big CTIA Wireless show in Vegas, that it was going to unveil a Windows Mobile compatible BlackBerry.
Late Friday, a Delaware judge ruled in favor of IAC/InterActiveCorp Chief Executive Barry Diller over Liberty Media's John Malone, in their battle over who controls IAC. But it's no guarantee of what happens next...
Rested, relaxed, and now raring to go. Two back-to-back weeks off is a rare treat in this business and we made the most of our time off, but talk about jumping back into the swing of things with a vengeance!
Social networking site Facebook has closed a second $60 million investment round with Hong Kong billionaire Li Ka-shing through his foundation, a source familiar with the deal confirmed on Thursday.
Comcast, the cable giant, and file sharing web site BitTorrent, seem like natural enemies. The cable company wants to keep "broadband-hogging" BitTorrent from slowing down its system.