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Microsoft sought on Friday to enlist support for its opposition to a new advertising collaboration deal between Google and Yahoo, two sources familiar with the matter told Reuters.
Stocks bobbed up and down Thursday, struggling to hold onto gains, as investors weighed oil's retreat against a dismal manufacturing reading and a fresh wave of concern about banks. Oil slipped nearly $5, settling at $131.93 a barrel.
Corporate raider Carl Icahn has had much to say about Yahoo's internal machinations and its refusal to submit to the hostile overtures of Microsoft. He's had much to say about the company's planned partnership with Google, which surprisingly, seemed a little more positive than many experts had anticipated.
An investor with a minority stake in Yahoo on Thursday urged Microsoft to take its most recent proposal for a partial investment directly to Yahoo shareholders and prove its merits.
Wall Street can be a fickle place, and as investors wonder where they ought to park their money while they ride out the economic volatility gripping the country right now, they may want to harken back to some oldies but goodies: Apple Inc., Google, Research in Motion and Amazon.
Professional networking site LinkedIn just earned a $1 billion dollar-plus valuation, raising $53 million from a group of VCs led by Bain Capital, for about five percent of the company, giving it a valuation of $1 billion plus.
Yahoo and Google face intense U.S. Justice Department scrutiny of their deal to share some advertising revenue, and the heat will likely increase under a new administration.
Stocks closed lower Wednesday, led by financial and auto stocks after worrisome results from Morgan Stanley, CarMax and FedEx. Regional banks also took a hit after Fifth Third cut its dividend.
Stocks declined Wednesday, led by financials, after worrisome results from Morgan Stanley and a dismal outlook from FedEx. The Dow briefly slipped below 12,000 -- the first time that's happened since March 18, when the market was reeling from the collapse of Bear Stearns.
Yahoo may not be in a celebratory mood, but if it feels like pulling out a cake and cupcakes, today would be a good day for it: Jerry Yang's one-year anniversary as Yahoo's CEO.
Stocks opened lower Wednesday as investors booed results from Morgan Stanley and a dismal outlook from economy gauge FedEx.
After last night's 39-point annihilation of the Lakers by the Celtics, a game which left LA's best looking like a mound of pulverized Kobe beef, I can tell you one person outside of Boston's who's smiling today: Shaquille O'Neal.
Wall Street was bracing for another rough day as investors worried over earnings reports and oil inventories, with bad news from Federal Express adding to the downbeat mood.
Microsoft said on Wednesday it had purchased privately held digital television advertising technology company Navic Networks.
On Wednesday, LinkedIn will announce that it has raised $53 million in capital, primarily from Bain Capital Ventures, a Boston-based private equity firm, valuing the company at $1 billion, the NYT reports.
Cree Inc. popped on Tuesday on speculation that the firm is a takeover target. How much truth is there to this market rumor? Also, your fast messages answered!
Yahoo investors are showing more interest in an alternate board slate proposed by billionaire Carl Icahn that was first formed to deliver the company to Microsoft in a now-defunct buyout.
Our traders are good - but you knew that! Check out their latest picks that paid.
The table touch screens have been customized by Microsoft to let you order drinks, watch videos, play games. But here’s the interesting part. Cameras have been installed at the tables along with special software called “Flirt” that lets you flirt with people at other tables.
The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in the technology sector.