Microsoft CEO Steve Ballmer on Wednesday ruled out a new takeover bid for troubled web portal Yahoo, but stressed that the software giant was still interested in partnering with Yahoo on search-related products.
The announcement by the ailing internet giant came after months of falling revenue, fierce proxy battles and a series of botched negotiations that scuttled what now seems to have been an exceedingly generous buyout offer from Microsoft.- Shares of ailing internet pioneer Yahoo plunged more than 10 percent on Friday after Microsoft CEO Steve Ballmer reiterated that his company was not interested in reviving its takeover bid.
Yahoo chief executive Jerry Yang said that Microsoft should buy his pioneering Internet firm despite failed takeover talks between the companies earlier this year.
Google said on Wednesday it was ending its bid for a joint search advertising partnership with Yahoo to avert a "a protracted legal battle" with regulators.
Worldwide threats from malicious software that cripple computers with spy programmes, viruses and worms have increased 43 percent over the past year, Microsoft said on Monday in its Security Intelligence Report.
Microsoft released key details on Tuesday of the next generation of software that it hopes will run the world's computers.
Microsoft Crop reported its first-quarter results that exceeded analysts' expectations, with profits up 2 percent to $4.37 billion.
Microsoft and Washington state's top prosecutor have filed a lawsuit to stop "scareware purveyors" that trick people with pop-up messages claiming computers need critical repairs.- The Service Tax Department has charged the Indian arm of software giant Microsoft with evading taxes to the tune of Rs 128 crore during 2006-07 and has asked it to pay Rs 256 crore, including penalty.
- The Service Tax Department has charged the Indian arm of software giant Microsoft with evading taxes to the tune of Rs 128 crore during 2006-07 and has asked to pay Rs 256 crore, including penalty.
- Microsoft Corporation joined five other non-financial corporate debt issuers in the US to be assigned a AAA rating by Standard and Poor's Rating Services.
- World's largest software firm Microsoft Corp is seeking an exclusive patent in India for an electronic data snapshot generator, which has been co-invented by an Indian associated with the company.
Google's chief executive admitted on Thursday that there was a "defensive component" to the Web search giant's launch of its own Internet browser, thereby pitting it against Microsoft's dominant software.
Google Inc, creator of the world's most popular internet search engine, has developed its own web browser in a challenge to Microsoft Corp's dominant Internet Explorer.- Hoping to boost its Internet power, Microsoft has bought Greenfield Online Inc, the owner of European price comparison site Ciao GmbH, for about $486 million, the company said in a statement.
Microsoft has unveiled a trial version of a new Internet Explorer designed to fight the growing challenge from Firefox.
Microsoft, the world's largest software developer, is now focusing on developing innovative tools to expand computing penetration in India and other emerging markets, a top company official said in Hyderabad on Tuesday.- Yahoo executives were resoundingly re-elected after being berated by shareholders over failed takeover talks with Microsoft and for exposing Internet dissidents to Chinese officials.
- Microsoft Corp. was to reorganize its online services to try to increase focus on its Internet business as the head of its online division was set to leave the company.
Yahoo! reported an 18 percent drop in second-quarter profits on Tuesday putting more pressure on the company in the aftermath of a shareholder revolt and the controversy over Microsoft's aborted attempt to buy the company.- Yahoo announced on Monday that it has reached an agreement with corporate raider Carl Icahn ending his effort to oust the Internet giant's board over its handling of a takeover bid from Microsoft.
- 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.
- Internet giant Yahoo on Saturday has rejected a "ludicrous" deal with Microsoft orchestrated by corporate raider Carl Icahn, who is bent on overthrowing the struggling Internet search pioneer's board.
- Yahoo's stock price jumped nearly 12 per cent after Microsoft said on Monday it is willing to reopen talks on a "major transaction" with Yahoo if the Internet giant replaces its board of directors.
