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Latest Steve Ballmer Stories

2008-07-13 18:00:08

Yahoo! says it has rejected a renewed proposal by Microsoft to buy the company's Internet search business, sources say. The New York Times reported Sunday that the offer made by Microsoft's chief executive, Steven Ballmer, and investor Carl Icahn, was similar to an earlier offer the Santa Clara, Calif., Internet company rejected. Under the latest offer, Yahoo! was to have sold its search business to Microsoft and Icahn, who is waging a campaign to unseat Yahoo!'s board, would have taken...

2008-07-13 09:00:15

By Chris O'Brien, San Jose Mercury News, Calif. Jul. 13--The standoff is over. Shareholder activist Carl Icahn is going to win his proxy fight with Jerry Yang and seize control of Yahoo. All that happens between now and Aug. 1, when shareholders will vote to throw out the current board and management, or even before then if the companies reach a deal, is just theater. The players will posture, they'll try to spin, but the conclusion is inevitable. Yahoo's fate was sealed last week...

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2008-07-10 06:20:00

On a day when most of the technology buzz surrounded Friday's scheduled debut of Apple's new iPhone, Microsoft CEO Steve Ballmer told a crowd in Houston his company needs to do more "cool" stuff. "We haven't surprised people quite as much as we need to," Ballmer said, speaking Wednesday to thousands of Microsoft partners in town for an annual conference. "What we need to do is have products that surprise people, that delight people." He disputed the idea that Apple or Google is cooler than...

2008-07-09 21:00:13

By Simon Wilson Microsoft threw its weight behind investor Carl Icahn's effort to dump Yahoo's board, saying a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's internet search engine, or possibly the entire company. The unexpected endorsement gives Mr Icahn a carrot to dangle before Yahoo shareholders as he wages an acrimonious campaign to replace Yahoo's nine directors at the company's annual meeting on August 1. It marks the first...

2008-07-09 12:00:00

Microsoft partners meeting in Houston responded with resignation and some optimism Tuesday to the company's move toward more Internet-based software and services, despite worries that it could cut into some of their business. The company unveiled details of the plan during the annual meeting of thousands of partners that form the crucial link between Microsoft and its customers. About 7,500 partners and 2,500 Microsoft employees are attending the Worldwide Partner Conference at the George R....

2008-07-09 03:00:07

SAN FRANCISCO - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company. The unexpected endorsement gives Mr. Icahn a carrot to dangle before Yahoo shareholders as he wages an acrimonious campaign to replace Yahoo's nine directors at its annual meeting Aug. 1. It marks...

2008-07-09 00:00:06

By The Associated Press SAN FRANCISCO (AP) - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company. The unexpected endorsement gives Icahn a carrot to dangle before Yahoo shareholders as he wages an acrimonious campaign to replace Yahoo's nine directors at the company's...

2008-07-08 12:00:32

By Benjamin J. Romano, The Seattle Times Jul. 8--Microsoft formally voiced support Monday for billionaire investor Carl Icahn's attempt to replace Yahoo's board of directors, saying it would be ready to discuss a major transaction immediately after Yahoo's upcoming annual shareholders meeting if a new board is installed. The company's statement, released shortly after another stinging rebuke of Yahoo by Icahn early Monday, presents Yahoo investors with a stark choice as they...

2008-07-08 12:00:08

Yahoo! investors hoping for a Microsoft (MSFT) buyout finally got cause for celebration. After losing one-third of its value since a February peak, Yahoo (YHOO) shares rallied on July 7 on news that Microsoft would return to the negotiating table, provided that Yahoo's board gets ousted [BusinessWeek.com, 7/7/08]. "We will be prepared to enter into discussions immediately after Yahoo's shareholder meeting if a new board is elected," Microsoft said in a statement. The stock leaped 12%, to...

2008-07-08 09:00:00

Microsoft said on Monday that it might renew talks to buy Yahoo's search technology or the entire company only after the Yahoo board and its Chief Executive Jerry Yang were ousted. Microsoft said in a statement that a buyout of Yahoo would depend on whether billionaire financier Carl Icahn succeeds in ousting the Yahoo board and Yang. The statement also cautioned: "We respect the right of Yahoo's shareholders to determine the destiny of their company, and we do not intend to engage in...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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