As expected, Yahoo has responded to Microsoft’s 3 week ultimatum this morning. The bottom line is pretty clear in a letter signed by Jerry Yang (CEO) and Roy Bostock (chairman). In the “Dear Steve” response to Ballmer they state, “we will not allow you or anyone else to acquire the company for anything less than […]
Microsoft Corp. today told Yahoo Inc. that it has three weeks to agree to its unsolicited $42 billion takeover bid or face a proxy fight and possibly a lower offer.
“If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including […]
After being forced to close its doors to Canadian users in September due to pressure from the Canadian Recording Industry Association (CRIA), Demonoid.com survived for only slightly more than a month before being having forced offline entirely today.
The previously bustling homepage has been replaced by a single line of text; bereft of much in the […]
This is no time for Google’s shares to be reaching all-time highs. It’s not that the company’s performance doesn’t warrant a lofty stock price. Fresh statistics from researchers at comScore (SCOR), for instance, showed Google (GOOG) accounted for 37.1 billion, or 61%, of the 61 billion Web searches carried out globally in August.
No, the problem […]