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Wireless Future on Display
Wireless Future on Display
Feb 11, 2008 10:51 AM CST

Wireless Future on Display

Mobile broadband and smart phones headline Barcelona conference,

(Newser) - More than 50,000 players in the global wireless industry gather today at the world's largest telecommunications conference in Barcelona to stake out their next moves toward the future of wireless technology. Likely to be an especially hot topic at this year's Mobile World Congress is mobile broadband, already taking...

Yahoo Officially Shoots Down Microsoft

No counterproposal on the table

(Newser) - Yahoo officially rejected Microsoft’s $31-per-share takeover offer today, saying the bid, which represents a 62% premium, “substantially undervalues” the company, Bloomberg reports. The statement didn’t specify a counteroffer, but Yahoo is seeking $40 a share, the Wall Street Journal reports. “Yahoo thinks they’re worth more...

Microsoft Mulls Ways to Up Ante
Microsoft Mulls Ways to Up Ante
Feb 11, 2008 8:37 AM CST

Microsoft Mulls Ways to Up Ante

Software giant deciding between very dirty tricks and somewhat dirty tricks

(Newser) - Just how hostile Microsoft’s takeover bid for Yahoo becomes is up to one man: Christopher Liddell, the mostly anonymous former banker masterminding the deal, the New York Times reports. Microsoft could simply raise its offer, or it could try some old-fashioned Wall Street strong-arming. “You have to be...

Yahoo Rejects Microsoft Bid
Yahoo Rejects Microsoft Bid
Feb 9, 2008 11:56 AM CST

Yahoo Rejects Microsoft Bid

Web giant says unsolicited bid 'massively undervalues' worth

(Newser) - Yahoo's board will reject Microsoft's $44.6 billion bid to acquire the company because it "massively undervalues" Yahoo, the Wall Street Journal reports. The board will spell out its objections in a letter to Microsoft on Monday. Yahoo says the $31-per-share offer isn't high enough and worries about entering...

Microsoft and Google Launch Anti-Trust Duel

Yahoo up in the air as giants look to feds to deny competitor

(Newser) - Microsoft isn’t sitting still as rumors spread that Yahoo will try to outflank a hostile takeover by allying with Google: The Redmond company is drawing up an antitrust argument it hopes will be at least as good as Google’s. The younger colossus is already claiming that Microsoft’s...

Microsoft's Big Yahoo Offer May Be a Ruse

PC leader aims only to block a Yahoo-Amazon alliance, analyst says

(Newser) - One possible reason for Microsoft’s massive bid for Yahoo: It’s a ploy to block a Yahoo-Amazon team-up, one analyst says. The $44.6 billion offer will never make it past regulators, Trip Chowdhry explains to MarketWatch. But Microsoft insists otherwise: Chowdhry’s report “is completely incorrect,”...

Yahoo Searches for Answer to Microsoft Bid

Company would like to stay independent, but the odds look bad

(Newser) - Yahoo is struggling to find shareholder-pleasing alternatives to Microsoft's buyout bid, reports the Wall Street Journal. Selling Yahoo Japan is one possibility. An outsourcing deal with Google for its search ads that could boost revenue 25% is another, yet would raise regulatory issues. And shareholders would need to be convinced...

Advertisers Lukewarm on Social Sites

Networking, video-sharing users not prime marketing targets

(Newser) - Facebook and YouTube are runaway success stories when it comes to attracting Internet users, but they lag in attracting ad dollars, the Wall Street Journal reports. Advertising on social networking and video-sharing sites is relatively new, and therefore most vulnerable if economic worries lead to advertising cutbacks. Firms also worry...

Microsoft May Borrow for 1st Time to Fund Yahoo Deal

Computer giant says it may combine cash and credit for $44.6B offer

(Newser) - Microsoft is likely to borrow for the first time to finance its $44.6 billion bid for Yahoo, the company's CFO said yesterday, rather than drawing down its reserves to fund the half-cash, half-stock offer. After spending $31 billion on stock buybacks and dividend payouts in 2007, Microsoft has $21...

No Yahoo! for News Corp., Says Murdoch

Media mogul won't trade bids with Microsoft over Internet behemoth

(Newser) - News Corp. CEO Rupert Murdoch won't be following Microsoft's lead to place a bid for  ailing Internet giant Yahoo, CNNMoney reports. Murdoch also dispelled rumors today that his company was interested in purchasing AOL, or in making any other major acquisitions. His remarks follow on the heels of Microsoft's unsolicited...

Microsoft + Yahoo: Still Not Sexy to Job Applicants?

Combo may not aid companies' recruiting image

(Newser) - Among the many uncertainties about a Microsoft-Yahoo marriage is whether the combined company would gain any sex appeal in the Silicon Valley recruiting market, reports the New York Times. If both are washed up compared to job fair belles like Google and Facebook, would joining help them prevail in the...

Google to Microsoft: Not So Fast
Google to Microsoft:
Not So Fast
Feb 3, 2008 9:00 PM CST

Google to Microsoft: Not So Fast

Web giant steps in, offers to help Yahoo rebuff rival's advances

(Newser) - Google is offering to help Yahoo thwart Microsoft’s attempts at a hostile takeover, the Wall Street Journal reports. After Microsoft announced its $44.6-billion bid, Google’s CEO Eric Schmidt called Yahoo’s Jerry Yang on Friday to bolster talk of an ad search alliance, support Yahoo’s efforts...

Microsoft and Yahoo May Not Be Enough to Fell Google

Is bigger better, or just bigger problems?

(Newser) - A Microsoft/Yahoo combination would pose a greater challenge to Google, but it's not at all clear the search engine behemoth would be greatly affected, NPR reports. Google owns about 60% of the search market—three times that of Microsoft and Yahoo combined. And, perhaps more to the point, it is...

Google for Barack, Microsoft for Hillary

Obama leads Silicon Valley donations; Seattle giant's workers skew toward Clinton

(Newser) - Barack Obama leads presidential hopefuls in Silicon Valley donations, but Hillary is tops among Microsoft employees, Reuters reports. Residents of the valley that Google, Yahoo, and Apple call home are interested in change, one analyst said: "It is absolutely the case that Obama is seen as different, and therefore...

Bid Kicks Off Clash of the Internet Titans

Proposed Microsoft/Yahoo! merger signals showdown with Google

(Newser) - Analysts agree that Microsoft's bold $44.6-billion bid for Yahoo marks the start of a big push by Microsoft to challenge Google's Web dominance. The move is a dramatic change in tactics for Microsoft, which likes to build new businesses on its own, writes Steve Lohr in a New York ...

Stocks Climb on Microsoft News
Stocks Climb on Microsoft News
MARKETS
Feb 1, 2008 3:29 PM CST

Stocks Climb on Microsoft News

Dismal labor report can't keep Dow down

(Newser) - Microsoft’s offer to buy Yahoo outweighed a dismal jobs report today as the Dow ended up 92.83 at 12,743.19 after a seesaw session. Hopes for a new M&A wave bumped up against fears of broad economic slowdown. “This is a trader’s market, because...

Microsoft-Yahoo Draws Huzzahs From Analysts
Microsoft-Yahoo Draws Huzzahs From Analysts
OPINION
Feb 1, 2008 2:46 PM CST

Microsoft-Yahoo Draws Huzzahs From Analysts

Some see bid turning hostile if Yang balks at Ballmer offer

(Newser) - First reaction to Microsoft's bid to buy Yahoo for $44 billion has been generally positive, especially among Wall Street analysts. Silicon Alley Insider's Henry Blodget, an ex-analyst, quotes several who predict regulators and shareholders will have no problems with the deal. Meanwhile, New York Times blogger Steven M. Davidoff says...

AT&amp;T and Yahoo Forge Alliance
AT&T and Yahoo Forge Alliance
Jan 30, 2008 5:24 PM CST

AT&T and Yahoo Forge Alliance

Yahoo nets AT&T's subscribers in search and ad deal

(Newser) - Yahoo and AT&T announced a new alliance today in which Yahoo will provide search and advertising on AT&T’s mobile phones, the San Jose Mercury News reports. AT&T in turn will get their att.net web portal redesigned by Yahoo, through which their customers will get access...

Rate-Cut Rally Fades Away
Rate-Cut Rally Fades Away
MARKETS
Jan 30, 2008 3:40 PM CST

Rate-Cut Rally Fades Away

Stocks soar, then drop on Fed action

(Newser) - The Fed’s half-point rate cut this afternoon briefly sent stocks soaring—before the rally crumbled and the Dow ended down 37.47 points at 12,442.83. Most Streeters have welcomed the series of interest rate slashes, but some are concerned they are too aggressive and could trigger inflation...

1,000 to Lose Jobs as Yahoo Profits Fall 23%

Will continue to face 'headwinds' this year as online ad revenues sink

(Newser) - After a 23% plummet in fourth quarter profits, Yahoo's CEO said the company will face job cuts and continued "headwinds" in 2008, the Wall Street Journal reports. Facing decreased advertiser spending, the company will lay off 1,000 employees next month, though it will try to relocate some within...

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